Navigant Research Report Shows Highly Automated Vehicle Deployments Are Expected to Reach 34 Million in 2035

Cities are actively investigating how to integrate automated
vehicles into the mobility ecosystem

BOULDER, Colo.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/AutomatedVehicles?src=hash” target=”_blank”gt;#AutomatedVehicleslt;/agt;–A new report from Navigant
Research
provides projections on the size of regional markets for
consumer and commercial vehicles with highly automated driving
capability.

Progress continues in the development and deployment of highly automated
vehicles (HAVs) as leading companies in the sector, including Waymo and
General Motors, prepare for the commercial launch of geofenced automated
mobility services. Deployments are likely to be limited to select cities
in the early 2020s before expanding more rapidly later in the decade. Click
to tweet
: According to a new report from @NavigantRSRCH,
annual volumes of HAV deployments are expected to reach about 2.6
million in 2024, growing to 34 million in 2035.

“As the companies developing this technology continue to grapple with
the realities of reliable functionality in a broad range of real-world
conditions, new questions continue to be raised about the robustness of
the technology and the viability of different business models,” says Sam
Abuelsamid, senior research analyst with Navigant Research. “However,
HAVs offer the potential for significant societal benefits like improved
safety, reduced congestion, greater adoption of electrification, and the
ability to repurpose land currently set aside to park idle vehicles.”

According to the report, cities are actively investigating how to
integrate automated vehicles into the mobility ecosystem to ensure
equitable benefits and commercial viability for as many stakeholders as
possible. Coordination will be needed to minimize downsides like
increased empty vehicles miles traveled.

The report, Market
Data: Automated Driving Vehicles
, provides projections of the
size of regional markets for consumer and commercial vehicles with
highly automated driving capability. Global market sales and vehicle
population projections for consumer vehicles under three different
scenarios extend through 2035. The report also examines the breakdown by
category for commercial vehicles with driving automation, separating
medium and heavy duty trucks and medium and heavy duty buses. An
Executive Summary of the report is available for free download on the Navigant
Research website
.

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides
market research and benchmarking services for rapidly changing and often
highly regulated industries. In the energy sector, Navigant Research
focuses on in-depth analysis and reporting about global clean technology
markets. The team’s research methodology combines supply-side industry
analysis, end-user primary research and demand assessment, and deep
examination of technology trends to provide a comprehensive view of
clean, intelligent, mobile, and distributed energy. Additional
information about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant Consulting, Inc. is a specialized, global professional services
firm that helps clients take control of their future. Navigant’s
professionals apply deep industry knowledge, substantive technical
expertise, and an enterprising approach to help clients build, manage
and/or protect their business interests. With a focus on markets and
clients facing transformational change and significant regulatory or
legal pressures, the Firm primarily serves clients in the healthcare,
energy and financial services industries. Across a range of advisory,
consulting, outsourcing, and technology/analytics services, Navigant’s
practitioners bring sharp insight that pinpoints opportunities and
delivers powerful results. More information about Navigant can be found
at navigant.com.

* The information contained in this press release concerning the
report,
Market Data: Automated Driving Vehicles, is a summary and
reflects Navigant Research’s current expectations based on market data
and trend analysis. Market predictions and expectations are inherently
uncertain and actual results may differ materially from those contained
in this press release or the report. Please refer to the full report for
a complete understanding of the assumptions underlying the report’s
conclusions and the methodologies used to create the report. Neither
Navigant Research nor Navigant undertakes any obligation to update any
of the information contained in this press release or the report.

Contacts

Navigant Research
Lindsay Funicello-Paul
+1.781.270.8456
[email protected]

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