New Report Outlines Future for Autonomous Cars

By Ken Briodagh May 01, 2015

The first step toward true driverless transportation is driver assistance technology, already becoming part of the mainstream with park assistance and adaptive cruise control coming onto the market in a big way. Despite what steps have been made, however, the penetration into passenger cars is relatively low, according to a recent study, even though the rate of installations in premium cars is growing.

Visiongain, the firm that performed the research, calculated that the global automotive driver assist market will reach $21.7 billion in 2015. Of the solutions that are fitted, they often are fitted in isolation rather than as a linked system, and the marketing makes sure owners feel that it is part of an assistance program, rather than an automation system. It has been the case that drivers are more confident in having help than feeling like they’ve been replaced. The report is called: Advanced Driver Assistance Systems (ADAS) Market 2015-2025: The Next Step Towards Autonomous, Self-Driving & Driverless Cars.

As automated parking, adaptive cruise control and other end-user applications expand from the high-end to mid-range car segment, and the National Highway Transportation Safety Administration announces its rear-view camera mandate in North America, Visiongain assessed that the industry needs to support the leading suppliers of the connected car transportation so that these applications can continue to improve.

The 248-page report reviewed market forecasts and analysis from 2015 to 2025 and provides detailed revenue projections of the connected transportation market. It also includes revenue predictions for automotive end use submarkets and the companies that are leading the industry.

Connected transportation is in the end only one stop on the way to autonomous transportation, which requires little or no input from people at all, and that sea change in the way we move people from one place to another is beginning to look both inevitable and beneficial.

And if these projections are right, at least in the short term, profitable too. 

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