Autonomous Vehicle Market Report 2021, Upcoming Trends, Demand, Regional Analysis and Forecast 2026
According to the latest report by IMARC Group “Autonomous Vehicle Market : Global Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026 “, The global autonomous vehicle market experienced robust growth during 2015-2020. Looking forward, IMARC Group expects the market to continue its strong growth during 2021-2026. Autonomous vehicles (AVs), or self-driving cars, are designed to travel between destinations without a human operator. They can maneuver on their own or by human assistance by sensing the environment around them. They use artificial intelligence (AI) software, light detection and ranging (LiDAR), and RADAR sensing technology to monitor and form an active 3D map of the nearby environment. The advanced control systems also interpret the sensory inputs to detect signboards and avoid collisions. AVs utilize automated driving systems, allowing the vehicle to respond to external conditions that a human driver would manage. Market Trends: The global autonomous vehicl...