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Digital Subscriptions > Cities Today > Issue 23 > Self-driving car production to reach 14.5 million by 2025, says new study

Self-driving car production to reach 14.5 million by 2025, says new study

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New findings have revealed that the annual production of self-driving cars will reach 14.5 million in 2025, up significantly from only a few thousand in 2020, to give a global installed base of more than 22 million consumer vehicles by 2025. The study from Juniper Research, Autonomous Vehicles & ADAS: Adoption, Regulation & Business Models 2016-2025, found that the market adoption of autonomous vehicle technology is set to accelerate over the next few years, driven by: increasingly stringent vehicle safety specifications; environmental pressures; and rapid technological developments. The research also found that driverless vehicles will have a disruptive impact on transport around the world and will ultimately lead to millions of professional drivers being made redundant. It predicts that city-based taxi services will be one of the key early adopters of driverless vehicles.

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