AVT readers select top 5 autonomous vehicle studies from 2018
Autonomous Vehicle Technology's readers were drawn to these five studies the most in the past year.
Numerous studies are done about the auto industry—its size and scope practically demand it. As autonomous vehicles continue to gain prominence within the industry, more and more studies evaluating every nuance will emerge. We're already seeing a huge number of studies coming from various groups about AVs, as well as the various segments comprising it. At AVT, we look for the studies that relate in some way to the four pillars of autonomous vehicles: autonomy, electrification, connectivity, and mobility services. We've already reported on dozens of studies even though we've limited ourselves to a small segment of this enormous industry.
We decided to take a look at which studies interested you the most, and some were clearly of more interest than others. The following is a list of the top five studies with a brief description of each.
1) Automotive wiring harness market expected to reach $93,069 million by 2022
This report from Allied Market Research checks in as the most-read study on AutonmousVehicleTech.com. It's not the most detailed study posted, but it stands as one of the first studies AVT reported. Total harness cost has declined and demand increased in recent times due to falling copper prices. The industry is witnessing technological advancements to increase the efficiency of the harness, according to the study.
2) ADAS market worth $67.43 billion by 2025
Grand View Research released this report in February. According to the study, the market is growing at a CAGR of 19%. Increasing government initiatives for mandating driver-assistance systems to lower road accidents are expected to proliferate market growth. Moreover, increasing adoption of these systems in small cars is anticipated to further boost the market demand.
3) Eight million vehicles forecast to ship with SAE Level 3, 4, and 5 autonomous technology in 2025
This study from ABI Research focuses less on the growth of autonomous vehicles. It instead uses that information to show how it's impacting LiDAR shipments. The study predicts that Level 5 vehicles will be using LiDAR systems in the future, which will drive the increase as more vehicles of that type take to the roads.
4) New report offers an autonomous vehicle technology overview
Given more time, this most-recently published study would have had a good chance to reach the top of the list. The reason being is that this study from Forrester breaks down the go-to-market approach for 24 companies developing self-driving technology.
5) Global automotive display market expanding
Because displays are an essential component for human-machine interface (HMI), the market for them in automotive is on the rise, according to this study from MarketResearch.biz. The rising demand for connected vehicles is the major factor driving growth of the global automotive display systems market.
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