Autonomous Vehicle Market Growth, Development and Demand Forecast Report 2030
The increasing prevalence of road accidents is fueling the demand for fully autonomous and semi-autonomous vehicles. According to the World Health Organization (WHO), around 1.35 million deaths are recorded every year because of road crashes. Furthermore, the organization also found that between 20 and 50 million more people suffer various non-fatal injuries due to road accidents. In the U.S., there were nearly 34,200 fatal vehicle crashes in 2017, which caused the deaths of around 37,000 people. As the adoption of autonomous vehicles can greatly improve road safety and reduce the prevalence of road accidents, the increasing concerns being raised over vehicle safety are driving the sales of these vehicles across the world. Additionally, the governments of many countries, in response to the rising incidence of road accidents, are implementing favorable policies regarding the adoption of autonomous technologies in vehicles, which is also fueling the demand for autonomous vehicles.
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