Driverless cars are coming.
Tesla (TSLA) has already unveiled an autopilot feature and everyone from Google and Apple (AAPL) toGeneral Motors (GM) is playing in this field.
The $5 trillion auto industry is "ripe for disruption," BofA declared, saying self-driving cars are a "vision of the not too distant future."
The move to driverless cars is being accelerated by sophisticated radar, lasers, cameras and GPS. The barriers are government regulation, user adoption, cybersecurity and high costs.
Key U.S.-listed players include Delphi (DLPH), Magna (MGA), NXP (NXPI), Sensata (ST) and Tesla.
