Accelerating the
Industrial Internet of Things

Autonomous Transport Systems

Autonomous Transport Systems
Feature New Record
DESCRIPTION
Autonomous transportation describes systems that provide unmanned, autonomous transfer of equipment, baggage, people, information or resources from point-to-point with minimal intervention.
Traditional transport systems have the potential to be completely transformed using information and communication technology (ICT) and data analytics, in order to achieve safe, innovative, energy and cost-efficient transportation systems leading to the so-called intelligent transport systems (ITS). ITS consists of many subsystems, such as area traffic control, traffic surveillance, electronic parking, traffic information systems, to name few.

The core building block of any ITS system is imaging the real world scene using a variety of possible means including a camera (widely available in ITS) and/or Radar as well as LED sensors. Improved detection and recognition of non-vehicular objects and beings require new evasive actions to be taken depending on the criticality of avoidance. Transportation connectivity includes vehicle-to-vehicle communication (V2V), vehicle-to-infrastructure communication (V2I), infrastructure to-vehicle (I2V), as well as vehicle-to-device communication (V2D).

Based on coverage area, there are two kinds of communication systems: (i) long-range communication and (ii) short range communication. Long-range communication systems include, for example, cellular networks such as 3G and LTE/LTE-A in addition to satellite digital audio radio service (SDARS). Various short range RF wireless communication technologies have been applied in the past and these include Bluetooth, Ultra-Wideband (UWB), in addition to dedicated short range communication (DSRC)

Benefits: Higher user efficiency (can work instead of driving), safer
-OPEX Reduction
-Health & Safety/Litigation safeguard

Key Vendors: Google, Mercedes-Benz, Delphi Automotive, Nissan, Audi
MARKET SIZE

The semi-autonomous truck market is estimated to be 260,000 units in 2018 and is projected to reach 1,130,000 units by 2025, at a CAGR of 23.38%.

The autonomous truck market is estimated to be 15,000 units in 2025 and is projected to reach 81.8 thousand units by 2030, at a CAGR of 39.96%.

Source: Businesswire

The autonomous train market, in terms of volume, is projected to grow at a CAGR of 4.87% from 2018 to 2030. The market is estimated at 54,558 Units in 2017 and is projected to reach 106,290 Units by 2030. In this study, 2017 has been considered the base year, and 2018–2030 is the forecast period, for estimating the market size of the market.

Source: Markets & Markets

The global autonomous vehicles market revenue is expected to grow at a CAGR of 39.6% during the forecast period 2017-2027 reaching USD 126.8 billion by 2027.

Source: PM News wire

The study, prepared by Strategy Analytics, predicts autonomous vehicles will create a massive economic opportunity that will scale from USD 800 billion in 2035 (the base year of the study) to USD 7 trillion by 2050.

Source: StrategyAnalytics

NEW USE CASE ALERT
Get notified when a New Use Case is published.