Global driverless car market survey up to 2025

  Surveys

According to a recent study by Boston Consulting Group, self-driving cars, building on technology already available in many luxury vehicles, will be able to navigate crowded city streets by 2022 and may be a quarter of worldwide auto sales by 2035.

Driverlesscartechnology
Vehicles that drive themselves on the freeway or take over in traffic jams may be on the road in large numbers by 2017
Vehicles that drive themselves on the freeway or take over in traffic jams may be on the road in large numbers by 2017 and autonomous cars might create a USD 42 billion market for the technology by 2025, Boston Consulting Group said.
Self-driving cars, building on technology already available in many luxury vehicles, will be able to navigate crowded city streets by 2022 and may be a quarter of worldwide auto sales by 2035, the firm said, citing interviews with industry executives and consumer surveys. Japan and western Europe will probably adopt the technology most quickly, its study found.
 “Many people don’t realize how far along some of these technologies are,” said Xavier Mosquet, North America leader of the Boston-based firm’s automotive practice and managing director of its Detroit office. “Even more surprising, consumer interest and the production costs will make autonomous vehicles highly attractive to both carmakers and their customers.”
With as many as 9 billion people predicted to live in urban areas within the next 25 years, more than the global population now, automakers are under pressure to create technologies that ease gridlock and give motorists stuck in traffic the ability to multitask safely.
Ford Motor Co. Chief Executive Officer Mark Fields said at the Consumer Electronics Show in Las Vegas that an automaker probably will introduce a self-driving vehicle within half a decade, but it won’t be his company, which is focusing on less expensive feature...



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