The global autonomous vehicle market was valued at USD 42.37 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 21.9% from 2023 to 2030. Key advancements in artificial intelligence (AI), connectivity, and sensor technologies are critical drivers of this market growth. These developments enable vehicles to make informed decisions and navigate complex...

Autonomous Vehicles Industry The global autonomous vehicle market size is expected to reach USD 214.32 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 21.9% from 2023 to 2030. The potential of autonomous vehicles to optimize traffic flow, reduce congestion, and enhance fuel efficiency serves as a significant...