8 million autonomous vehicles by 2025

17th April 2018 | 0 Comments

OEMs are driving the rapid deployment of autonomous vehicles and the growth of sensor types that underpin the technology. With this in mind, ABI Research analysts recently forecast that there will be 8 million consumer vehicles shipping in 2025 that feature SAE Level 3 and 4 technologies (where drivers will still be necessary but are able to completely shift safety-critical functions to the vehicle under certain conditions) and SAE Level 5 technology (where no driver will be required at all).  This, in turn, will help drive the shipments of vital Light Detection and Ranging (LiDAR) sensors that underpin the technology. As many as 36 million LiDAR units are expected to ship in 2025, corresponding to a market value of $7.2 billion.

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Category: International News, Product News, UK News

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