February 13, 2019 – Boulder, CO – A new report from Navigant Research provides projections on the size of regional markets for consumer and commercial vehicles with highly automated driving capability.

Progress continues in the development and deployment of highly automated vehicles (HAVs) as leading companies in the sector, including Waymo and General Motors, prepare for the commercial launch of geofenced automated mobility services. Deployments are likely to be limited to select cities in the early 2020s before expanding more rapidly later in the decade. Click to tweet: According to a new report from @NavigantRSRCH, annual volumes of HAV deployments are expected to reach about 2.6 million in 2024, growing to 34 million in 2035.

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“As the companies developing this technology continue to grapple with the realities of reliable functionality in a broad range of real-world conditions, new questions continue to be raised about the robustness of the technology and the viability of different business models,” says Sam Abuelsamid, senior research analyst with Navigant Research. “However, HAVs offer the potential for significant societal benefits like improved safety, reduced congestion, greater adoption of electrification, and the ability to repurpose land currently set aside to park idle vehicles.”

According to the report, cities are actively investigating how to integrate automated vehicles into the mobility ecosystem to ensure equitable benefits and commercial viability for as many stakeholders as possible. Coordination will be needed to minimize downsides like increased empty vehicles miles traveled.

The report, Market Data: Automated Driving Vehicles, provides projections of the size of regional markets for consumer and commercial vehicles with highly automated driving capability. Global market sales and vehicle population projections for consumer vehicles under three different scenarios extend through 2035. The report also examines the breakdown by category for commercial vehicles with driving automation, separating medium and heavy duty trucks and medium and heavy duty buses. An Executive Summary of the report is available for free download on the Navigant Research website.

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of clean, intelligent, mobile, and distributed energy. Additional information about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant Consulting, Inc. is a specialized, global professional services firm that helps clients take control of their future. Navigant’s professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the Firm primarily serves clients in the healthcare, energy and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant’s practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.

* The information contained in this press release concerning the report, Market Data: Automated Driving Vehicles, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.