Semi-Autonomous Vehicle Market expected to witness a substantial CAGR over the forecast period.
Semi-Autonomous Vehicle Industry Overview The global semi-autonomous vehicle market demand was valued at 14.22 million units in 2020. The market is expected to expand at a compound annual growth rate (CAGR) of 20.8% from 2021 to 2028. The rising need for safer and more efficient driving systems promotes the development and adoption of semi-autonomous vehicles. Semi-autonomous offers better driving control and driver safety, thus offering promising growth opportunities. Moreover, several regional governments have placed stringent driving and safety laws further encouraging companies to offer these technologies in their automobiles. Gather more insights about the market drivers, restrains and growth of the Global Semi-Autonomous Vehicle Market Several technological advancements have helped to foster a conducive environment for the growth of the market. 5G delivery model, Wireless Local Area Network (WLAN), GPS, and vehicle-to-vehicle technology have imp...