Advanced driver assistance systems (ADAS) and automated driving systems (ADS) for commercial vehicles have been gaining market attention for several years, but while growth is expected to accelerate once the technology is fully developed, volumes will remain low over the next decade.
Specifically, highly automated commercial vehicles and autonomous trucks won’t crack 1 percent of the market at least for another nine years.
That, according to a new report from Navigant Research which analyzes the state of the automated medium and heavy-duty commercial vehicle market through 2030.
“Automated technologies can provide many benefits for the commercial vehicle sector, but challenges such as advancing technological abilities, overreliance on partially automated systems, regulatory environments, and public perception will all need to be managed moving forward,” says William Drier, research analyst at Navigant Research.
According to the report, once challenges are overcome, the most substantial benefit from ADAS is the potential safety increases it can provide through features such as automatic emergency braking, lane departure warning, and lane keeping assist. There is also the potential for fuel efficiency gains through platooning in the heavy-duty long-haul truck sector.
Additionally, higher levels of automation could eventually reduce labour costs by replacing some of the labor, while providing downward price pressure on the demand for labor in the rest of the market.