BOULDER, Colo.--(BUSINESS WIRE)--A new report from Guidehouse Insights examines the size of global and regional markets for light duty consumer and commercial vehicles with highly automated driving capabilities, providing global market forecasts through 2030.
Despite the challenges posed by the COVID-19 pandemic in 2020, the automated driving (AD) sector made slow but steady progress toward commercialization. While there are still no broad deployments of automated vehicles (AVs) anywhere in the world, the number of pilot programs has continued to grow. According to a new report from Guidehouse Insights, automated vehicle deployments for passengers and goods delivery are expected to near 14 million by 2030.
“Most of the pilot deployments of AVs were disrupted to varying degrees as a result of the 2020 pandemic; however, development work continued largely unabated with more emphasis on simulation,” says Sam Abuelsamid, principal research analyst with Guidehouse Insights. “Most AV companies made changes to processes and vehicles to ensure the health and safety of the operators testing the vehicles and any passengers riding in the vehicles.”
During the pandemic, several companies moved into the goods delivery sector. Some used fleets to make food deliveries while others expanded trucking development or launched public robotaxi pilots. However, continued consolidation of the market in the coming decade is expected as many startups that sprouted in recent years have not survived this period.
The report, Market Data: Automated Vehicles, provides projections of the size of global and regional markets for light duty consumer and commercial vehicles with highly automated driving capabilities. Baseline, conservative, and aggressive scenarios for market deployment are included, as well as market splits among consumer, robotaxi, and goods delivery vehicles through 2030. Baseline forecasts for partial AVs are also included. An executive summary of the report is available for free download on the Guidehouse Insights website.
About Guidehouse Insights
Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today’s rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.
Guidehouse is a leading global provider of consulting services to the public and commercial markets with broad capabilities in management, technology, and risk consulting. We help clients address their toughest challenges and navigate significant regulatory pressures with a focus on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that prepare our clients for future growth and success. The company has more than 10,000 professionals in over 50 locations globally. Guidehouse is a Veritas Capital portfolio company, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit: www.guidehouse.com.
* The information contained in this press release concerning the report, Market Data: Automated Vehicles, is a summary and reflects the current expectations of Guidehouse Insights 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 Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.