Market Data: Automated Driving Vehicles

Market Data: Automated Driving Vehicles
Summary
Automated driving technology continues to advance in capability. The majority of manufacturers now offer standard or low cost Level 1 systems across most consumer and commercial vehicle segments. Increasingly capable Level 2 systems are also offered on a broad array of premium models. Highly automated Level 3 and 4 systems are being tested extensively, including in public pilot programs, and governments globally are debating and starting to approve the legislation to allow commercial deployment on public roads. As Level 4 vehicles become more capable and able to handle a greater variety of conditions, they will evolve into fully automated Level 5 vehicles.
Automated driving has the potential to bring a range of benefits to society. Long range driving tasks can be made safer, first by introducing increasing levels of assistance to drivers and then by taking over the primary responsibility. Full automation brings many possibilities, including the potential rollout of fleets of vehicles that are available on demand. These vehicles would be available at much lower costs per mile than owning a car or using a taxi and would be more convenient than public transport. Navigant Research expects first introductions of highly automated light duty vehicles (LDVs) to begin in 2020, with steady growth anticipated beginning in 2025. The sales growth pattern is similar for commercial vehicles, although the start of the growth period is expected to lag by between 3 and 5 years and vary by vehicle type.
This Navigant Research report provides projections of the size of regional markets for consumer (light duty) and commercial vehicles with highly automated driving capability. Global market sales and vehicle population projections for consumer vehicles under three different scenari's extend through 2035. The report also examines the breakdown by category for commercial vehicles with driving automation, separating medium and heavy duty trucks and medium and heavy duty buses.