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In this 2021 outlook, the analyst has highlighted 3 key market and business trends that have been affected by the changing dynamics of the autonomous ecosystem.
The outlook also highlights 3 key technology trends that the analyst expects will see fast advancements, with focus on highly automated vehicle commercialization.
Global regulations favoring testing and deployment will determine the adoption timeline for consumer markets. China will lead the usership model of Level 4 robotaxis by operation of paid services for public use within predefined geographies. Autonomous shuttles will also be commercially deployed within controlled environments.
The automotive industry is among the most affected sectors in the pandemic and is currently amid progressive recovery in major markets. Autonomous driving has also faced challenges due to this. A few of them include a decline in Autonomous Vehicle (AV) sales, shorta