The new market report The Future of Autonomous Cars is a strategy report from Berg Insight analysing the latest developments on the self-driving car market worldwide. This study provides you with 250 pages of unique business intelligence, including 5-year industry forecasts, expert commentary and real-life case studies on which to base your business decisions.
Ever since the introduction of the first automobile one thing has remained constant despite the evolution of performance and appearance – cars have always had a driver. The concept of driverless vehicles opens up for new potential applications as well as business models. In fact, the removal of the driver is arguably the most significant and transformative innovation ever faced by the automotive industry. Some of the potential benefits that follow are safer, more efficient and more convenient journeys. Self-driving cars open up completely new ways to deal with transportation – fleets of autonomous cars could in the future handle entire cities’ need for personal mobility with much fewer vehicles than are used today. SAE International has developed a six level standard (0–5), where semi-autonomous functionality starts in the second level. The third level is the first to provide some actual autonomy in the sense that the driver can divert attention from the road although he or she must be able to regain control of the vehicle with some seconds of prior warning. The fourth level provides full autonomy in specific use cases of various complexity.
In 2015, the first semi-autonomous (SAE Level 2) car models were introduced on the market and reached sales of an estimated 194,000 cars. This number is forecasted to increase by almost 57 percent to reach new registrations of about 304,000 Level 2 capable vehicles in 2016. By 2030 an estimated 43 million cars will be sold featuring Level 2 capability and the active installed base will have reached about 177 million cars.
The total number of new registrations of autonomous (SAE Level 3 and 4) cars is forecasted to grow at a compound annual growth rate (CAGR) of 62 percent from 0.2 million units in 2020 to reach 24 million units in 2030. The active installed base of autonomous cars is forecasted to have reached about 71 million at the end of the forecast period. SAE Level 3 and 4 cars will constitute about 16.5 million and 7.8 million of the cars sold in 2030. However, Level 4 sales are expected to overtake Level 3 in the years following 2030. Cars with Level 5 capability are not expected to emerge before 2030 and potentially much later.
Highlights from this report:
Insights from numerous executive interviews with market leading companies.
New data on car populations and new car registrations worldwide.
Comprehensive overview of the autonomous car value chain and key applications.
In-depth analysis of market trends and key developments.
Updated profiles of 14 major car OEMs and their autonomous car activities.
Detailed view on the involvement of IT and technology companies in this industry.
Market forecasts by region lasting until 2030.
This report answers the following questions:
What is the current status of the autonomous car industry?
Which are the main actors targeting the autonomous car market?
How will regulatory developments affect the autonomous car market?
Which are the main drivers and barriers on this market?
How will autonomous cars impact business models and which are the key benefits?
How are IT and tech companies positioning themselves in the autonomous car value chain?
What semi-autonomous cars are available on a commercial basis today?
What are the automotive OEMs future plans for driverless cars?
How will the market evolve in Europe, North America, Latin America, Asia-Pacific and MEA?
Analysts: Ludvig Barrehag and Johan Fagerberg
Formats: Paper copy or electronic PDF licenses
Publication date: October 5, 2016
Download brochure: http://www.berginsight.com/ReportPDF/ProductSheet/bi-autonomous-ps.pdf
Please find on the link below more detailed information (brochure and table of contents) about our new report “The Future of Autonomous Cars”. The report can be purchased in our online report shop at: http://www.berginsight.com/ShowReport.aspx?m_m=3&Id=238 or you can just reply to this email and we will handle your order manually. If you have any questions on the report contents please get back to us.