We estimate that ~63.9 million passenger cars will be sold with some kind of autonomous features by 2030
By 2030, there will be more cars sold globally with ADAS features than without. Specifically, ~30 million cars will be ADAS featured, ~24 million cars will be with Level 2 capability, ~6 million cars with Level 3 features, and 5.3 million cars will be highly autonomous and driverless
Autonomous driving or autonomous vehicle along with the ADAS is poised to change the complete auto industry dynamics in next 5 to 10 years. The change will not be restricted to the auto makers or suppliers or dealers. The change will be phenomenal which will impact the manufacturing industry, telecom industry, financial districts, insurance hubs, political dynamics, and technology clusters across the globe. Today, vehicle automation is in the form of advance driver assistance system but with the recent introduction of partial automation systems or Level 2 systems the change is already in its way.
In the last 24 months, the industry has witnessed acceleration in development strategies in form of technological advancements, mergers and acquisitions, partnerships and collaborations, and expansions. All of the strategic developments by different players across the industry supply-chain ensure they are not let behind in the race to develop and deploy driverless cars. The scale of some of these transactions underlines the seriousness with which all stakeholders are approaching the issue. What was once thought to be science fiction is likely to become a reality much sooner than most people are aware.