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Driving Into the Future: The Autonomous Vehicles
The autonomous vehicles (AV) market is experiencing a transformative shift, as technological advancements, government initiatives, and growing consumer interest converge to accelerate adoption. Autonomous vehicles, often referred to as self-driving or driverless cars, use artificial intelligence (AI), sensors, and advanced software to navigate roads without human intervention.
Overview
The global autonomous vehicles market has witnessed significant growth over the past few years and is projected to expand further during the forecast period. Factors driving this growth include rising demand for safer and more efficient transportation, advancements in AI and machine learning, and increasing investment by automotive manufacturers and technology companies in autonomous driving technology.