The rapid growth of automotive lidar sensors technology has nice implications for the driverless autos market. Over 25 years of intense research and growth have seen the corporate’s exponential rise with sales clocking in the billion. Corporations on which it is targeted come from the automotive, manufacturing, energy and utilities, and life sciences sectors. This article relies on research and analysis from a soon to be launched Frost & Sullivan examine: Global Automotive Outlook, 2019.

The official merger of Italy’s Fiat and America’s Chrysler mixed for sales of greater than 4.3 million new vehicles and trucks in 2013, making the partnership the seventh-largest automaker on this planet final year. Whereas eight of the 10 bestselling automakers in 2013 noticed sales rise, France’s PSA Peugeot saw its gross sales fall final yr, down nearly 5% to over 2.8 million units offered globally.

The company had a market share of 5.4 % for the 12 months 2016. Mercedes has also been taking different steps toward self-driving cars. Till the tip of this year, the town has allotted about 30 million euros to spice up electrical vehicles and infrastructure for E-mobility in Munich.

Nissan expanded the scope of its projects in 2016, with plans to test single-lane autonomous driving in Japan, as well as a wider range of experiments from its Future Lab mobility analysis heart. These options, along with electric autos and new fashions, type the core of PSA’s broader Push to Go growth strategy.

A couple of yr in the past, only a few observers may have forecasted the ultimate 2016 gross sales rating of automobile group producers on the earth. AutoWatch: Issued month-to-month, the AutoWatch focuses on the market outlook, monthly sales updates and economic analysis.