The global autonomous vehicle market to grow USD 121.78 billion in 2022 to USD 2,353.93 billion by 2032 with a CAGR of 35% from 2023 to 2032.
Autonomous vehicles or self-driving vehicles are the latest trend in the transportation sector. These vehicles can differ in size and applications including personalized cars, trucks, and public transit systems. Furthermore, autonomous vehicles are often categorized into six levels of autonomy…
Moreover, the United States and Europe have already embraced the technology and are ensuring the development of technology for common applications. Companies including Ford, Tesla, General Motors, and Alphabet have already invested significant fundings towards R&D of autonomous vehicle technologies…
Furthermore, by recognizing the benefits of automated vehicles, the European Union (EU) is looking ahead to create a favorable environment for the development of the technology…
