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

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 research from Juniper Research, Autonomous Vehicles & ADAS: Adoption, Regulation & Business Models 2016-2025, found that the market adoption of AV (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.

“ADAS and AV technologies have advanced significantly over the past three to five years,” G...