IHS Automotive, one of the leading industry analysis experts, has just made a public statement which says that self-driving cars will hit sales of over 11.8 million by the year 2035. This prediction comes just before the consumer electronic show is set to begin in Las Vegas. Industry biggies such as Audi and Toyota unveiled the technology last year at the same show, and this year more companies are expected to show off technologies similar to this at the show this year.
These cars are targeted at making travelling and commuting a safer experience for end users as well as commercial goods carriers. This technology will also help in dealing with traffic and pollution problems whih are plaguing the major cities worldwide.
These cars will need minimal input from the driver. The current technology available is limited to lane-keeping assist and braking assist. The new cars will have autopilot type cpapbilities where they will take over from the driver in relatively safer driving environment such as open highways. Later in the 2020s more sophesticated technology will enter the market.
This comes at a cost though. The premium for these cars will be in the range of $7000 to $10000. It should go down in the later years, coming down to $3000 by the year 2035.