Driverless car industry forecasts
A shift to autonomous modes of mobility could reduce the need for parking spaces in cities by as much as 48%, according to new research by the World Economic Forum.
Driven by the development of autonomous vehicles, increasing concerns for driver and vehicle safety and a growing focus towards reducing transportation costs, artificial intelligence in the transportation market is projected to reach US$3.5 billion by 2023, according to a report by P & S Market Research.
Helped by shared mobility services, which are set to account for nearly two-thirds of the market, the global autonomous driving market is expected to grow to $173.15 billion by 2030, according to new research from Frost & Sullivan.
The rapid deployment of autonomous vehicles, driven by OEMs, could lead to as many as 8 million consumer vehicles shipping in 2025 with Level 3 and Level 4 automated driving technologies, according a to new report from ABI Research.
The EU’s eCall mandate and rising adoption in China will be primary drivers of the growth that could see more than 125 million connected passenger cars with embedded connectivity shipped by 2022, according to new research from Counterpoint Research.
A well-designed autonomous vehicle parking lot could accommodate 62% more cars than a conventional one, for a given number of cars, according to research by a team at the University of Toronto.
The connected car market could reach USD219.21 billion by 2025, thanks to government mandates supporting connected car technology and an increase in demand for a safer, more efficient and convenient driving experience through connected services, according to a new report from MarketsandMarkets.
As the market for autonomous trucks and buses continues to develop over the next few years, annual unit sales could increase to 188,000 units in 2022, according to a new report from Tractica.
Growing demand and rapidly-evolving technology could see the market for smart parking technology reach $35.3 billion by the year 2022, according to a new report from BCC Research.
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