A $102-billion opportunity

There's no shortage of opinion on autonomous driving. Some people loathe the idea, believing that taking the human element out of driving will be a step backwards; others see it as the future - and they may be right, a new study shows.

According to Lux Research, fully autonomous cars are on the way and ready to take more on-road responsibilities away from drivers. What's more, the company called it a US$102-billion opportunity.

In the research, released at the end of April, advanced driver assist systems (ADAS) came under the microscope. One only has to look at the safety ratings from the Australasian New Car Assessment Program to see how those vehicles with more of these technologies often fair better in crash tests.

What's more, they can help improve efficiency and safety in a company fleet - something fleet managers will constantly be striving for.

However, although Lux Research predicted that fully autonomous driving is on its way, it could be some time before it is truly integrated into our lives.

A new era of driving

Self-driving cars are some way off yet, the researchers explained. In fact, it will likely be 2030 when they become a feasible part of fleet management. Due to legal issues, regulation and a lack of prototypes, it will be some time before this new era of driving really takes place.

However, ADAS technologies such as self-parking and automatic emergency braking are fairly widespread today, and will continue their fast rate of adoption in new cars.

Such innovations will be worth $29.6 billion by 2022, Lux Research explained. By 2030 and the age of the fully autonomous car, ADAS will already be worth an estimated $73 billion, making them commonplace in most fleet vehicles.

So, we could be some way off yet. In the meantime, there are a great range of tried and tested means to help your fleet cut down on fuel consumption, improve safety and reinforce compliance.

Contact us for more information.