Technological progress made in UAVs, cargo drones and autonomous ground delivery is expected to boost demand for autonomous last mile delivery services.

UN has mandated the integration of antilock braking system and other safety technologies such as Geo Positioning System (GPS), radars, and sensors to prevent collision between vehicles. This initiative anticipated to flourish the market growth for automotive communication technology in the forthcoming years.

The Automotive OTA developments showcase a promising picture for the future growth in advanced car technology and applications.

One of the major opportunities that autonomous trains can tap into is the freight transport sector. Several countries across the world rely on freight transport for the movement of goods and minerals from one destination to another.

Rising vehicle demand especially in developing economies such as China and India; rising adoption of autonomous vehicles, growing IoT; and other economic factors; are estimated to increase the adoption of biometric vehicle access technologies in passenger vehicles segment