Emerging trends in the world of autonomous vehicles

Emerging trends in the world of autonomous vehicles

The last few years have been favorable for the autonomous vehicle technology. Developing a driverless car has been a shared dream for Google, Apple, Tesla, Uber, and Lyft.

For Uber and Lyft, autonomous cars are one of the means of cutting costs. However, saving big bucks are not the only benefits of autonomous cars.

Factors such as lowering fuel consumption, reduce CO2 emission, and reduction in congestion are some of the major benefits of autonomous vehicles.

According to a report called Autonomous Vehicle Outlook, by Allied Market Research, the global autonomous vehicle market is projected to reach $556.67 billion by 2026 with annual growth of 39.4 percent from 2019 to 2026.

read more: https://roboticsandautomationnews.com/2020/01/03/emerging-trends-in-the-world-of-autonomous-vehicles/28108/