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Autonomous Vehicle Market Size, Growth and Forecast 2021-26

Published by
Newstrail

According to the latest report by IMARC Group, The global autonomous vehicle market experienced robust growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 28% during 2021-2026. An autonomous vehicle (AV) is a self-driven automobile that can perform necessary functions by sensing and responding to external conditions and surroundings without any human intervention. It consists of advanced sensor technology, smart control systems, advanced driver assistance system (ADAS), complex algorithm processors and actuators to gain information and perform t…

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