BOULDER, Colo.--(BUSINESS WIRE)--A new report from Navigant Research examines the global market for automated driving technology for commercial vehicles, providing an analysis of related market issues and key technologies, as well as projections for the two main classes of automated driving function.
To date, the development of automated driving systems has focused on the light-duty vehicle market, but much of the technology can also provide benefits to commercial vehicles. Automated systems can reduce the number of accidents, use a more fuel-efficient style of driving, and because they do not get distracted or need extended rest periods, operators can achieve higher levels of vehicle utilization, particularly in long-haul applications. Click to tweet: According to a new report from @NavigantRSRCH, highly optimized and consistent autonomous systems can lead to significant reductions in commercial fleet fuel consumption and operating costs.
“The pursuit of a fully automated driving car has spurred investment in advanced sensors and computing hardware and software,” says David Alexander, senior analyst with Navigant Research. “Lower cost and higher power are the keys to commercial success, and the technology is quickly approaching the threshold where it will be practical to bring advanced features to the mass market. These systems are being rapidly adapted to the commercial vehicle market.”
According to the report, these benefits could be the incentive for commercial fleets to implement driver assistance in the short term. Adoption of fully automated vehicles will happen longer term, beginning in the next decade. Goods vehicles and buses can benefit in the short term from collision avoidance and lower fuel consumption, while automated driving systems have the potential to change significantly the nature of truck driving jobs.
The report, Automated Driving for Commercial Vehicles, provides an overview of the global market for automated driving technology for commercial vehicles. The study provides an analysis of the market issues, including definitions, pros and cons, legislation, and sector-level adoption, related to automated driving. Global market projections for the two main classes of automated driving function, segmented by region, extend through 2030. The report also examines the key foundation technologies related to commercial vehicle driving automation and summarizes recent activity from key players. An Executive Summary of the report is available for free download on the Navigant Research website.
About Navigant Research
Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Energy Technologies, Utility Transformations, Transportation Efficiencies, and Buildings Innovations sectors. Additional information about Navigant Research can be found at www.navigantresearch.com.
Navigant Consulting, Inc. is a specialized, global professional services firm that helps clients take control of their future. Navigant’s professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the Firm primarily serves clients in the healthcare, energy and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant’s practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.
* The information contained in this press release concerning the report, Automated Driving for Commercial Vehicles, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.