Self-driving market becomes a reality in the US by 2026, as 1 in 4 new vehicles sold becomes driverless

New findings from Juniper Research reveal that the annual sales of fully autonomous vehicles (AVs) in the US will reach 5 million by 2026. In comparison, the global market will account for 20 million new AVs sold during the same year.

The new research, Autonomous Vehicles & ADAS: Readiness Index, Player Positioning & Forecasts 2018-2026, found that the market adoption of AV technologies is set to ramp up in the future, driven by:

  • Competition from the likes of Google, whose focus has been on entirely driverless vehicles.
  • Heavy investments from Volvo, Audi, Daimler and GM; positioning themselves as mobility services firms.
  • Governments enabling firms to test AVs on their roads and invest in smart city infrastructure.
  • Drivers becoming accustomed to ADAS (Advanced Driver Assistance Systems).

For more market insights, download our free whitepaper: Why Google is Leading the Self-Driving Market Race?

Google & Volvo lead OEM progress

Juniper ranked the 5 most promising players in the driverless car sector:

  1. Waymo (Google)
  2. Volvo
  3. Tesla
  4. Daimler
  5. Audi

Ranked no 1, Google is further ahead than traditional manufacturers in terms of technology and miles tested.

Waymo is set to be integrated into smart city strategies for public transportation and could licence its expertise to other OEMs; threatening the role of the Tier 1 suppliers. [Players were scored on factors including development time, public trials, miles tested, fleet size, and consumer awareness].

ADAS adoption reach 100 million vehicles by 2020

Juniper estimates that 45 million on-road vehicles will have some form of ADAS functionality by the end of 2018, with adoption reaching 100 million by 2020. Additionally, with luxury vehicles incorporating semi-autonomous technologies, such as the new Audi A8, the market will further evolve to full automation, while shifting its focus to delivering a complete driver experience.

Research author Michael Larner explained: “The introduction of fully autonomous technologies, with some vehicles no longer having steering wheels and pedals, will mean that the focus will shift from how drivers get from A-B to how the occupants use the journey time.”

Juniper Research provides research and analytical services to the global hi-tech communications sector; providing consultancy, analyst reports and industry commentary.

Comment on this article below or via Twitter: @IoTNow OR @jcIoTnow

RECENT ARTICLES

Invicti launches AI-powered predictive risk scoring for web applications

Posted on: April 24, 2024

Invicti has announced its new AI-enabled Predictive Risk Scoring capability. The feature assigns predicted risk to applications and helps organisations gain a view of their overall application security risk.

Read more

WISeKey launches SeyID Digital Identity platform in Seychelles

Posted on: April 23, 2024

WISeKey has announced it has the project to deliver a new Digital Identity platform, “SeyID”, by the government of Seychelles. SeyID will be linked with different national initiatives covering eGovernment, eTourism and eHealth.

Read more
FEATURED IoT STORIES

What is IoT? A Beginner’s Guide

Posted on: April 5, 2023

What is IoT? IoT, or the Internet of Things, refers to the connection of everyday objects, or “things,” to the internet, allowing them to collect, transmit, and share data. This interconnected network of devices transforms previously “dumb” objects, such as toasters or security cameras, into smart devices that can interact with each other and their

Read more

The IoT Adoption Boom – Everything You Need to Know

Posted on: September 28, 2022

In an age when we seem to go through technology boom after technology boom, it’s hard to imagine one sticking out. However, IoT adoption, or the Internet of Things adoption, is leading the charge to dominate the next decade’s discussion around business IT. Below, we’ll discuss the current boom, what’s driving it, where it’s going,

Read more

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into a more switched-on place to live.

Read more