If the hacker spoofs the fifth car in the city, the pacific

OverviewThe autonomous vehicles market is set to grow at a high CAGR during the forecast period 2016 to 2027.

Although cyber security concerns will have a negative impact on the global autonomous vehicles market’s growth during this period.

Furthermore, based on sensors, the global market is also segmented into ultrasonic, radar, lidar, image sensor, and others.

On the basis of hardware and software, the global autonomous vehicles market is split into sub segments including cameras, gps systems, and communication systems.Benefits such as driver assistance features like blind-spot identification will support the market growth from 2016 to 2027.

The regional markets are Asia-Pacific, Europe, North America, the Middle East and Africa and the rest of the world.

The self-driving cars sector based regional markets in Europe are split into Italy, Germany, France, and the United Kingdom.

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The growing automotive industry is undergoing a transformation, with the advent of autonomous vehicles.

These vehicles require a large number of sensors and cameras for surveying the road and traffic conditions around the car.

This poses a new challenge in terms of requirements for specialized coatings.

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The Terms We Use to Describe Autonomous VehiclesWe've been dreaming about a self-driving car for years and it is depicted in many sci-fi movies as the final step in the evolution of the automobile.

But how close are we to self-driving cars and will they be truly autonomous vehicles?Read more - How Close Are We To A Truly Self-Driving Car?

Global Semi-Autonomous & Autonomous Vehicles MarketThe GMI Research stipulates that the Semi-Autonomous & Autonomous Vehicles Market is witnessing an augmentation in demand over the forecast period.

This is mainly due to the growing concern towards road safety by transport authorities, increasing integration of advanced technologies like internet of things, and the emphasis on research and development by automotive producers.Introduction of the Semi-Autonomous & Autonomous Vehicles MarketAn autonomous vehicle refers to the vehicle that does not require any human interference.

They are basically executed by sensing the environment and navigating.

These vehicles have the potential to drive with the help of radars, sensors, and artificial intelligence but require humans to counter a situation that they cannot manage.Leading Players of the Market:Continental AGRobert Bosch GmbHDenso CorporationZF Friedrichshafen AGMagna International IncInfineon Technologies AGNXP SemiconductorValeoTexas Instruments IncorporatedBorgWarner Inc.Semi-Autonomous & Autonomous Vehicles Market Dynamics The prominent drivers contributing to the growth of the global semi-autonomous & autonomous vehicles market include the augmenting demand for secure, effective, and dynamic driving options followed by the enlargement in connected vehicle technology.

These vehicles help to reduce traffic obstruction resulting in enhanced delivery of goods & services.

In addition, they provide enhanced better fuel efficiency owing to their potential to decelerate and accelerate more intensely than a human driver and capability to operate for a more extended period with little human input, which is further supplementing the market growth.