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Logistics Automation – Opportunities & Trends blog by BDB India
BDB carries out customized market studies and provides growth strategy consulting across emerging markets in Asia and Africa.
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The market of Autonomous Vehicles is growing extremely fast as a consequence of the increased development of ANI, LiDAR, sensors, and automation technologies. These cars are classified as driver assistance (Level 1) to level five which is full autonomy. Such critical elements as cameras, radar, and control panels are critical to secure and effective self-driving.
The growth is sustained by the growing demand of safe mobility, investment by technology companies and the growing problem of urban traffic. Adoption is being increased by supportive regulations and pilot programs in such countries as the US, China and Germany. It is expected that, between years 2025 and 2035, the market will expand significantly both in the logistics segments and in personal transportation.