Cooperative Vehicle Infrastructure System Market Size, Top Players, Trends in Upcoming Years
The cooperative vehicle infrastructure systems are focused on curbing the traffic problems on roads by developing and designing new concepts to support the nearby road infrastructure that supports the nearby road infrastructure to enable communication services for both drivers and other road users. The goal of the CVIS is to recover the time wasted in traffic.
The AI-based infrastructure and in-vehicle platforms facilitate edge-based transportation systems, by enabling data collection and transmissions, real-time communication, and live data or image streaming from systems. They are equipped with sensors and cameras to provide situational analysis. It also facilitates strategic real-time decision-making and feedback through the cloud to provide intelligent traffic management, including dynamic traffic signal control for enhanced road safety.
Presently, connected and autonomous vehicles are gaining traction in the industry. The surging purchasing power of consumers and economic growth have resulted in rising consciousness of safe and efficient driving.
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Constant Tech Advancements are Taking Place
Advancements are still going on in the process of upgrading the process of laying the 3D printed metal sheets into the tires, and soon the issue of inlaying will get completely resolved.
3D printing technology being used in the tire mold manufacturing is a part of the development, which has taken place to help the booming demand for tire molds all over the world.
The increasing demand of tire molds has a lot to do with the rising disposable income of the people and their inclination toward buying vehicles.
