Boston Consulting sees self-driving vehicles on public roads by 2017

Article by Christian A., on January 12, 2015

Self-driving vehicles could be found on freeways and roads by 2017, and become a $42-billion market for the technology by 2025, according to Boston Consulting Group. Self-driving cars builds on technology that is already available in a number of luxury vehicles.

Boston Consulting said that these cars are expected to be able to navigate city streets by 2022 and account for around a quarter of global vehicle sales by 2035, citing interviews with industry executives as well as consumer surveys.

According to a study by Boston Consulting, Japan and western Europe may adopt the technology most quickly. Xavier Mosquet, North America head of Boston Consulting’s automotive practice, remarked that many people “don’t realize how far along some of these technologies are.”

He added that consumer interest and the production costs will make self-droving vehicles more appealing attractive to both carmakers and customers.

Up to 9 billion people are expected to reside in urban areas within the next 25 years, placing more pressure on carmaker create technologies that allow better traffic navigation and safer multitasking. Ford Motor Co. chief executive Mark Fields recently remarked at the Consumer Electronics Show in Las Vegas thathe believes that a carmaker might launch a self-driving vehicle within the next five years.

He, however, discounted Ford on the race as the carmaker is focusing on less expensive features that assist in driving. General Motors said in September 2014 that it plans to roll out a hands-free highway driving technology on a Cadillac in two years.

Mercedes-Benz showed a self-driving concept car at the CES in the persona of the F 015 Mercedes. The four-seat self-driving concept car has six screens let passengers monitor information about vehicle and the outside world.

Boston Consulting disclosed that Mercedes will have a hands-free system by 2016. Tesla Motors Inc., meanwhile, plans to get ahead by offering hands-free highway driving in Model S sedans this year.

Topics: autonomous car

If you liked the article, share on:

Comments

Recommended

A racing team is claiming that it has managed to break the lap record in its category in the ever-demanding Nurburgring circuit in 2016 while driving a road-going Volvo S60...
by - May 27, 2017
Aside from the officially confirmed BMW 8 Series, the next generation BMW M5 (F90) is getting a lot of attention from the fans, enthusiasts and even potential customers around the...
by - May 27, 2017
Automobili Lamborghini’s preparations for the production of its first ever sports utility vehicle, the new Lamborghini Urus, has reached new grounds as the Italian carmaker is disclosing plans to construct...
by - May 26, 2017
The upscale version of the GMC Yukon body-on-frame sport utility vehicle – the GMC Yukon Denali – has been refreshed for the 2018 model year. It now sports a new...
by - May 26, 2017
The largest gathering of Volkswagen and Audi cars in Europe is underway, and the German premium carmaker is displaying the third model of its G-Tron range at the 2017 Worthersee...
by - May 26, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries