Posted in | News | Automotive Robotics

Global Robot Cars and Trucks Market Forecast to Reach $3.6 Billion by 2019

Jan 3 2014

Research and Markets has announced the addition of a new report "Global Robot Cars and Trucks Market Report 2013 to 2019" to their offering.

As automated process hits the auto industry as a disruptive force, it parallels the automated piloting of the airline industry that saw significant labor savings implementation. Robot cars and trucks incrementally add automated process to driving. As software is added to cars and trucks it is done in concert with modification to the steering, breaking, and other automotive systems. Change is incremental, we do not have fully functioning robot cars immediately, rather, steering, collision avoidance, parking, test driving, series of camera and radar based monitoring systems, lane assist, and adaptive cruise control are being implemented, presaging rapid adoption of robot cars and trucks as the various functions mature and work in the real world.

Robot car and truck commercial autonomous car market shipments forecasts indicate that markets beginning to develop in 2014 will rise to $3.6 billion by 2019. 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 personizalization 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.