Public Perception of Autonomous Vehicles Among Indian Consumers and Possible Outcomes

Abstract

With the advent of self-driving cars, the auto industry is on the verge of a transition as it gives the sector's capacity to change from its established business model by moving into the service sector and adopting the model of mobility services. This study makes use of public perceptions of mobility services and autonomous vehicles, particularly in the Indian market. to evaluate the possible success or failure if such a shift happens in the automobile industry. To achieve this objective, the research employs primary quantitative data from a diverse sample of people and secondary data from similar research works. The data collection process consists of surveys and data collected from research articles that tackle a similar objective. The primary data collected is analyzed using statistical analysis. The main conclusions of these investigations shed light on how the general public feels about autonomous vehicles and mobility services. Through graphs and charts, we study the patterns among the public regarding the said topics. Regression analysis will allow us to understand how much mobility services' possible benefits influence people's perceptions of autonomous vehicles. Correlation analysis helps understand the relationship between variables. This study offers a unique perspective by relating the public's perception of mobility services and self-driving cars to the viability of switching from the automotive industry to mobility services. Analyzing the public interest in the topic as the current interest and understanding the problem will affect the likely demand for the sector. This report makes recommendations for strategic decisions for a variety of stakeholders, decision-makers, and business leaders in the developing automotive sector.