Commentary

Consumer Autonomous Vehicle Shipment Projections Cut By Half

The autonomous vehicle market may be big, but it is anything but fast.

Projected shipments in the consumer autonomous vehicle market just got scaled back, by a lot.

By 2025, 12 million consumer autonomous vehicles will be shipped, according to estimates -- about half of what was projected in the previous report by Tractica.

In the new forecast, Tractica pulled back its consumer autonomous vehicle shipment estimates by three years.

“We are seeing a much more gradual ramp-up as technical and regulatory hurdles catch up with the promise of the market,” states the report.

The market for unmanned aerial vehicles, AKA drones, also experienced a slowdown for growth potential expected until at least 2021.

For self-driving vehicles, the future can be a tricky thing.

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1 comment about "Consumer Autonomous Vehicle Shipment Projections Cut By Half".
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  1. R MARK REASBECK from www.USAonly.US , August 30, 2019 at 10:18 p.m.

    It has no future    DBA   Dead Before Arrival.
    Wait till they start taking polls AFTER they tell everyone how much it
    adds to the cost of the car.  I'm still targeting $17,000-22,000 per car.
    Unreachable for most people plus the 30-40k for the original car?  DBA

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About the Author

Chuck Martin is Editor of the AI & IoT Daily at MediaPost and writes the daily Connected Thinking column. He is a NY Times Business bestselling author and his latest book is “Digital Transformation 3.0” (The New Business-to-Consumer Connections of The Internet of Things.) He is CEO of Net Future Institute and a frequent keynote speaker internationally. Follow him on Twitter @chuckmartin and contact him at Chuck@MediaPost.com.