Level 4/5 autonomous driving will be possible in the next five years, says research

Growing consumer preference for convenience-enhancing technologies and automobiles-as-a-service options helped double the adoption of vehicles with automated driving features in 2016, says Frost & Sullivan’s mobility team. Going forward, large-scale investments from original equipment manufacturers (OEMs) will refine the use of artificial intelligence (AI) and cognitive cloud-based technology solutions even further, enabling level 4/5 autonomous driving within the next five years. Retrofitted automated driv
May 9, 2017 Read time: 2 mins
Growing consumer preference for convenience-enhancing technologies and automobiles-as-a-service options helped double the adoption of vehicles with automated driving features in 2016, says 2097 Frost & Sullivan’s mobility team.


Going forward, large-scale investments from original equipment manufacturers (OEMs) will refine the use of artificial intelligence (AI) and cognitive cloud-based technology solutions even further, enabling level 4/5 autonomous driving within the next five years. Retrofitted automated driving solutions and deployment in shared mobility (taxi) platforms will experience robust growth.

“With the introduction of automated driving taxis to support shared mobility business models, the commercial entry of level 4 vehicles is expected by as early as 2020,” said mobility senior analyst Anirudh Venkitaraman. “In the European and North American markets, the introduction of level 3 automation by 2018, driven by over-the-air updates from 8534 Tesla, will strengthen the initial take rates for the technology. Pilot offerings from 2125 Audi, 1731 BMW, and Mercedes-Benz will soon follow, taking the product into the premium market.”

The report, Global Autonomous Driving Market Outlook 2017, finds that the global autonomous driving market will be worth US$83 billion by 2025. The study examines the top trends in the automated driving market, including developments like growing usage of driver assistance, new solutions, robot taxis, cognitive cloud computing, and adoption of mechanical light detection and ranging (LiDAR) for perception improvement.

“Concerns surrounding legislation, system reliability issues, and incompatible infrastructure limit the opportunities for OEMs looking at automated driving,” noted Venkitaraman. “Nevertheless, the journey from human-operated to completely autonomous cars is a progression, and pioneering semi-automated vehicles will be an important milestone toward achieving level 5 automated vehicles.”

Location Based Systems

For more information on companies in this article

Related Content

  • Driverless vehicles just around the corner?
    February 28, 2013
    umors that self-driving taxis are about to hit the streets of Las Vegas have turned out to be untrue… but the age of the driverless vehicle is only just around the corner, as Pete Goldin finds out. From Herbie the Love Bug to Knight Rider to the cast of the Pixar film Cars, the autono­mous auto has long been a beloved icon in the entertainment industry. But how close is the fiction to fact? The general public might be surprised to find out just how soon autonomous vehicles could be driving on our roadways.
    Read More
  • Electrified transmissions to become the preferred choice for premium OEMs
    June 21, 2012
    New analysis from Frost & Sullivan predicts that electrified transmissions will experience increased penetration in both European and North American regions due to the increased focus on hybrid vehicles and their positive impact on emissions and fuel economy. However, end-user preference for automatic transmissions (AT) in North America and for manual transmissions (MT) in Europe will dictate the market penetration of the type of transmission technology with integrated electric motors.
    Read More
  • Market for semi-autonomous vehicles to reach 7.84 million units by 2021, say researchers
    May 11, 2017
    The latest research published by MarketsandMarkets indicates that the global market for semi-autonomous vehicles is estimated to be 3.17 million units in 2016, and is projected to grow at a CAGR of 19.85 per cent from 2016 to 2021, to reach 7.84 million units by 2021. However, the global market for autonomous vehicles is estimated to be 0.18 million units in 2025, and is projected to grow at a CAGR of 41.26 per cent per cent from 2025 to 2030, to reach 1.01 million units by 2030. The report says the growth
    Read More
  • Popularity of semi-autonomous vehicles helping to drive the LiDAR sensor market, say researchers
    June 9, 2017
    Research published by MarketsandMarkets predicts that the LiDAR sensor automotive market is expected to grow from an estimated US$735 million in 2025 to a projected US$2,557 million by 2030, at a CAGR of 28.32 per cent during the forecast period.
    Read More

Highlighted Content