Market Overview

ADAS and Autonomous Driving Industry Chain Report 2018 (V) - Low-speed Autonomous Vehicle

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ADAS and Autonomous Driving Industry Chain Report 2018 (V) - Low-speed Autonomous Vehicle

PR Newswire

LONDON, August 13, 2018 /PRNewswire/ -- ADAS and Autonomous Driving Industry Chain Report 2018 – Low-speed Autonomous Vehicle, 190 pages, focuses on the followings:

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Overview of low-speed autonomous driving industry;
Overview of low-speed autonomous driving market;
Foreign low-speed autonomous driving enterprises;
Chinese low-speed autonomous driving enterprises;
Driverless delivery vehicle market and enterprises;
Driverless Working Vehicle Market and Enterprises

The low-speed autonomous vehicle is defined in the report as the autonomous cars that run at below 30km/h on fixed routes or in enclosed areas.

ResearchInChina divides low-speed autonomous vehicles on the market into three categories: autonomous passenger vehicle, autonomous truck, and driverless working vehicle.

It's too early for existing autonomous driving technology to enable autonomous driving on complex urban roads. But there are more mature technologies and solutions for low-speed autonomous driving in relatively enclosed areas or on fixed routes. Some enterprises like Navya have put it into commercial application. Navya has produced more than 100 driverless minibuses- AUTONOM SHUTTLE and sold them to more than 16 countries.

Despite a late starter, China boasts a huge market for low-speed autonomous vehicles. Meanwhile, Chinese users are more receptive to new things. These factors will make the Chinese market develop faster than foreign ones. Beginning with driverless delivery vehicles, the Chinese low-speed autonomous vehicle market will expand rapidly, hitting an estimated RMB3.3 billion conservatively by 2023.

As China is home to the world's largest E-commerce market and most convenient express delivery network as well as the rapidly rising labor costs, the driverless delivery vehicle market will be a tipping point of the Chinese low-speed autonomous driving market. Dozens of companies have made a foray into unmanned delivery under different scenarios, including hospital, campus, express delivery and meal delivery service. The report here focuses on only outdoor autonomous delivery enterprises.

The driverless agricultural machinery market, the most active segment in driverless working vehicle field, has attracted more than a dozen businesses.

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