Reading Time: 2 minutes A significant and wide-ranging economic implication of autonomous vehicles can be seen. According to a Forbes article, autonomous vehicles will lead to a decline in private car ownership, resulting in a ripple effect on fuel prices, insurance, and even state revenue structures. A potential unemployment crisis is on the rise, causing economic instability. The same technology can also be a gift to reduce the economic … Continue reading What are the economic implications of autonomous vehicles?

Reading Time: 2 minutes The concept of regulating autonomous vehicles in different countries is quite complex. It required collaboration between government, industry, and consumers. The countries that regulate autonomous vehicles are: With technological advancement, many challenges of autonomous vehicles need to be overcome, and we may need autonomous vehicles to become a more common sight on the roads. Sources:- Futurist, Autocrypt, Dentons, Techrepublic, electrek Continue reading How are autonomous vehicles being regulated in different countries?

Reading Time: 2 minutes The world’s largest market for autonomous vehicles (AVs) will be in China by 2030. This is mainly due to strong government support, a large and growing domestic market, a supportive regulatory environment, and a strong technology sector. AV development is one of the top priorities of the Chinese government due to heavy investment in the sector. In 2017, a roadmap for AV development was released … Continue reading What’s the highlight of the Chinese Autonomous Vehicle market?

Reading Time: < 1 minutes The latest happenings in the self-driving vehicle market are: The notable developments in the self-driving vehicle market are: In its early stage of development, the self-driving vehicle market is still making a lot of progress. Companies are investing heavily in self-driving technology, as is the government, which is working to create a regulatory framework for the deployment of self-driving vehicles. It will also play an … Continue reading What is the latest happening in the self-driving market?

Reading Time: 2 minutes As per the expert reports, the autonomous vehicle market is expected to rapidly grow in a significant manner in China by 2030.  The key predictions are:- Even though the AV market in China is also affected by its disadvantages such as cybercrimes or other problematic concerns, it is hoped the issues of urban life, traffic congestion, and other facts of the streets to have a … Continue reading Chinese Market Prediction on Autonomous Vehicles by 2030

Reading Time: 2 minutes The two major markets of the world when it comes to technology and innovation in a variety of technical fields. 4D Lidar sensor technology is the latest and the most important in the autonomous car industry. So, let’s compare the growth of the market of USA to the Europe:- USA If we look into Europe, it is considering a more conservative and regulated approach to … Continue reading Comparison of the European market to the USA market on 4D Lidar sensor technology

Reading Time: 2 minutes A rapid adoption of Lidar sensor technology can be seen in Europe, especially for autonomous vehicles. The demand is high in the initial stages of testing and developing 4D Lidar sensors. Significant investments can be seen in European companies and research institutes in 4D lidar services that provide 3D spatial measurements as well as velocity data by measuring the Doppler frequency shift of the return … Continue reading What is the European market view on 4D Lidar Sensor Technology?

Reading Time: 2 minutes The companies based on top Lidar sensors are:- The lidar industry and innovative startups are growing rapidly with diversified opportunities for high-quality low-cost, or even compact design. The technology is promising to enable smart solutions for the environment as well as for the industries. Sources:- Yahoo Finance, Expert Market research Continue reading Which are the top Lidar sensor companies?

Reading Time: 2 minutes The two primary sensor technologies used in the development of autonomous vehicles are lidar and radar. A huge debate is going on over the merits of lidar versus radar sensors and their importance to automakers and tech companies. Lidar and radar operate on the premise of emitting electromagnetic waves and detecting the reflection of nearby objects. The crucial distinction is that it has an impact … Continue reading Market view of Lidar sensor vs. Radar sensor

Reading Time: 2 minutes The various types of sensor technologies used in autonomous vehicles are used to perceive different environments, and based on the surrounding input, logical decisions are made as an output. Multiple integrated sensors directly determine the use, performance, and safety of automated driving vehicles. Sensors used in AVs are critical to the perception of their surroundings. The localization of the vehicles for proper planning of the … Continue reading What’s the role of sensors in Autonomous vehicles?