Autonomous Vehicle Market is Projected to Surpass USD 65.3
July 14, 2023 ⚊ 1 Min read ⚊ Views 48 ⚊ BLOG
The global Autonomous Vehicle Market is highly lucrative and predicted to witness significant growth at a healthy CAGR over the forecast period (2016-2027), reveals the Market Research Future (MRFR) report. Autonomous vehicles (AV) or self-driving cars are a chief innovation in the auto industry. These cars possess high growth potential and act as the catalyst in the automobiles’ technological developments. Autonomous cars use technologies such as computer vision, GPS, LIDAR, and RADAR to sense the environment. These cars are integrated with advanced control systems that can interpret the sensory inputs to avoid a collision or detect the signboards.
Tags: Autonomous Vehicle Market
