The global market will account for 1.5 billion vehicles on the road during the same year
By the end of 2026 there will be more than 50 million autonomous vehicles on the road, with over 10 million in the US and 15 million in the Far East and China, according to Juniper Research. In comparison, the global market will account for 1.5 billion vehicles on the road during the same year.
Autonomous Vehicles & ADAS: Market Trends 2018-2026 found that a confluence of societal shifts, smart city mobility schemes and technology infrastructure will kickstart autonomous vehicle sales. These include softening demand for vehicle ownership driven by the emergence of concepts such as mobility-as-a-service (MaaS), driving safety benefits and establishment of underlying vehicle-to-anything (V2X) communications.
Juniper evaluated 20 countries according to their readiness for autonomous vehicles; analysing nations’ enthusiasm for autonomous vehicles and the likelihood of autonomous vehicles operating in the country. It considered regulatory policies, trials in operation, digital and city infrastructure in place and the participation of local technology firms and organisations.
Leading nations in Juniper’s Autonomous Vehicle Country Readiness Index 2018 are:
• United States
• United Kingdom
• South Korea
“The US has all the key ingredients for autonomous vehicles to operate at scale,” said research author Michael Larner. “Federal and local authorities supporting AV trials, Silicon Valley and universities spawn firms that can deliver the technology, many local competitors are introducing driverless technologies plus the car remains vital for commuting and leisure travel.”
The research found that OEMs will incrementally add driverless technologies to newer vehicle models. It predicted that 2019 will be a milestone year with the launch of vehicles where the driver’s full attention is no longer required. It claimed that the US and China will be the key regions to watch as new policies and guidelines for autonomous vehicles flourish; and combined, will account for nearly 65 per cent of global autonomous vehicles sold in 2019.
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