Robot Cars And Trucks Market Size, Segmentation To 2022: Grand View Research, Inc.
With automated driving technology gaining traction in the automotive sector, the global robot cars and trucks market is poised to witness significant growth over the forecast period. For More Information Visit - http://www.grandviewresearch.com/industry-analysis/global-robot-cars-and-trucks-market
With automated driving technology gaining traction in the automotive sector, the global robot cars and trucks market is poised to witness significant growth over the forecast period.
For More Information Visit - http://www.grandviewresearch.com/industry-analysis/global-robot-cars-and-trucks-market
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Global <strong>Robot</strong> <strong>Cars</strong> <strong>And</strong> <strong>Trucks</strong> <strong>Market</strong> Analysis, <strong>Market</strong><strong>Size</strong>, Application Analysis, Regional Outlook, CompetitiveStrategies <strong>And</strong> Forecasts, 2015 <strong>To</strong> <strong>2022</strong>With automated driving technology gaining traction in the automotive sector, theglobal robot cars and trucks market is poised to witness significant growth over theforecast period. These robotic vehicles allow users to implement automateddriving. These vehicles integrate preset programmed processes to driving, byincorporating programmed software and central processor in cars and trucks. It isgenerally done by altering the steering, brakes, and other automotive systems. Theself-directed and fully automated functions in automobiles are now beingincreasingly implemented globally. These robotic vehicles are expected to gainprominence over the forecast period as they are quite reliable and mishap-free.For More Information on "<strong>Robot</strong> <strong>Cars</strong> <strong>And</strong> <strong>Trucks</strong> <strong>Market</strong> <strong>Research</strong>Reports" visit - http://www.grandviewresearch.com/industry-analysis/globalrobot-cars-and-trucks-market
The recent trends in automobiles such as automated vehicle-mapping, automaticparking, and steering have propelled growth in automotive industry. Therobotically operated vehicles are programmed to control features such as laneassist, collision avoidance, adaptive cruise control, and automated parking andsteering. All these features are controlled by a central processor present in robotcars and trucks. These robotically operated vehicles enable driving without humanintervention and have altogether unlocked a new dimension for expansion in theautomobile industry. The market is, however, in its initial stage and foreseesseveral growth opportunities, and vendors have accentuated on capitalizing theseopportunities. Major players have highly invested on research and developmentactivities to increase their market share. Key participants aim at making safer,greener, and more efficient automated cars and trucks to attract potentialcustomers.
<strong>Robot</strong> cars and trucks have gained prominence in various industrial verticals.These robotic vehicles have applications in commercial, domestic, and industrialsectors. Owing to benefits such as cost-efficiency, job effectiveness, and safety, themarket has gained momentum in industrial sector. Presence of severalopportunities in transport segment is expected to drive robotically operated trucks’expansion. <strong>Inc</strong>reased government funding for deployment of proper roadwaycontrols is expected to stimulate industry growth.High investments for production and initial set-up costs pose a major challenge tothese automated vehicles. Furthermore, heavy investments into R&D activities arerequired prior to actual implementation. Macroeconomic conditions such as globalrecession and financial crisis have hampered the market augmentation. Minimalawareness about features and benefits of these vehicles among potential customershas decelerated industry growth.A remarkable rise in international trade andtransport in the European region is expected to fuel industry growth.Modernization of factories and accelerated production capacities in automotive
industry in Canada and the U.S. has fueled growth in North American region. Keyplayers dominating the global robot cars and trucks industry are Ford, BMW AG,General Motors, Fuji, Google, Mercedes Benz, Nissan Motor Company Ltd.,Kiros, Tesla Motors, <strong>Inc</strong>., Porsche AG, Volkswagen Group, and <strong>To</strong>yota MotorCorporation.Request TOC of “<strong>Robot</strong> <strong>Cars</strong> <strong>And</strong> <strong>Trucks</strong> <strong>Market</strong> <strong>Research</strong> Reports" visit -http://www.grandviewresearch.com/industry-analysis/global-robot-cars-andtrucks-market/request-tocAbout <strong>Grand</strong> <strong>View</strong> <strong>Research</strong><strong>Grand</strong> <strong>View</strong> <strong>Research</strong>, <strong>Inc</strong>. is a U.S. based market research and consultingcompany, registered in the State of California and headquartered in San Francisco.The company provides syndicated research reports, customized research reports,and consulting services. <strong>To</strong> help clients make informed business decisions, thecompany offers market intelligence studies ensuring relevant and fact-basedresearch across a range of industries including technology, chemicals, materials,healthcare and energy.Contact:Sherry JamesCorporate Sales Specialist, U.S.A.<strong>Grand</strong> <strong>View</strong> <strong>Research</strong>, <strong>Inc</strong>.United StatesPhone: 1-415-349-0058<strong>To</strong>ll Free: 1-888-202-9519Email: sales@grandviewresearch.comWebsite: <strong>Grand</strong> <strong>View</strong> <strong>Research</strong>Blog Site: http://www.divog.org/
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