Posted in | News | Remote Operated Vehicle (ROV)

Robot Car and Truck Commercial Autonomous Car Market Shipments Forecast to Rise to $868 Million by 2021

May 18 2015

Research and Markets has announced the addition of Wintergreen Research, Inc's new report "Robot Cars and Trucks: Market Shares, Strategies, and Forecasts, Worldwide, 2015 to 2021" to their offering.

The 2015 study has 413 pages, 156 tables and figures. Worldwide markets are poised to achieve significant growth as robot cars and trucks permit users to implement automated driving. Fleet vehicles from Uber, Google and similar users are likely to be the early adopter groups.

Robot car and truck commercial autonomous car market shipments forecasts indicate that markets beginning to develop in 2015 will rise to $868 million by 2021. Growth is a result of various moves toward autonomous vehicles that park themselves, provide automated steering, are used as test vehicles, are used as mapping vehicles, and that provide driver alerts but fall sort of complete robotically operated car vehicles.

Market driving forces relate primarily to the need for increased safety and personalization for autos. Car manufacturers are positioning with robot car models to meet demand at the high end. Many robot vehicle car vendors are making automation for personal vehicles and trucks a reality.

This robot car and truck shipment analysis is based on consideration of the metrics for the number of cars shipped, percent of cars outfitted with automated cruise control, and probable market penetrations of robot cars. Experience using the robot cars and trucks is another factor that contributes to development of triangulation regarding market forecasts for the sector.