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Company Insights data table
Autonomous driving, which uses a combination of artificial intelligence (AI), advanced sensors, and mapping technologies, allows cars to drive without human assistance or intervention. This technology has the potential to improve safety, reduce congestion, increase mobility, and improve accessibility for people with disabilities. In 2021, the market was valued at over US$24 billion, and it is projected to reach nearly US$62 billion by 2026. Despite bold proclamations from autonomous car manufacturers, fully autonomous cars may still be years away from being operational. One of the main reasons for this is the fact that the technology necessary to make fully autonomous vehicles an everyday reality is not advanced enough yet. Car manufacturers are, however, implementing some ready-to-use technologies into new vehicles, giving them a degree of autonomy when it comes to some specific tasks. This Company Insights data table shows essential KPIs of the world’s leading companies associated with the “autonomous driving” trend. It ranks them by overall revenue and includes household names such as Tesla and General Motors.
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