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SOUTHFIELD, MI – IHS Automotive calls for sales of nearly 21 million autonomous vehicles in 2035. Between now and 2035, IHS estimates nearly 76 million vehicles with some level of autonomy will be sold globally.  

This is a substantial increase from previous estimates, the firm says, and is influenced by recent research and development by automotive OEMs, supplier and technology companies investing in this area. The new forecast is also based on a wave of recent developments and investments in this sector of the market, as well as activity within various regulatory environments.

The US will lead the world in initial deployment and early adoption of autonomous vehicles, while Japan will simultaneously ramp up industry coordination and investment ahead of the Summer Olympics in Tokyo in 2020, says HIS Automotive.

“Global sales of autonomous vehicles will reach nearly 600,000 units in 2025,” said Egil Juliussen, Ph.D. and director of research at IHS Automotive. “Our new forecast reflects a 43% compound annual growth rate between 2025 and 2035 – a decade of substantial growth, as driverless and self-driving cars alike are more widely adopted in all key global automotive markets.”

”Future mobility will connect and combine many different modes and technologies, and autonomous vehicles will play a central role,” said Jeremy Carlson, principal analyst at IHS Automotive. “IHS expects entirely new vehicle segments to be created, in addition to traditional vehicles adding autonomous capabilities. Consumers gain new choices in personal mobility to complement mass transit, and these new choices will increasingly use battery electric and other efficient means of propulsion.”

The US market is expected to see the earliest deployment of autonomous vehicles as it works through challenges posed by regulation, liability and consumer acceptance. Deployment in the US will begin with several thousand autonomous vehicles sold in 2020, which will grow to nearly 4.5 million vehicles sold in 2035, according to IHS Automotive.

IHS Automotive forecasts more than 5.7 million vehicles sold in China in 2035 will be equipped with some level of autonomy, the single largest market for the technology, according to analysts, despite a later start. The sheer volume of vehicles expected to be sold there, as well as consumer demand for new technologies, will drive growth, with more upside possible as regulators assess the potential of autonomous mobility to address safety and environmental concerns.

Major markets in Western Europe will maintain industry technology leadership through the premium segment, with little more than three million autonomous vehicles expected to be sold in 2035 and another 1.2 million vehicles in Eastern Europe in that year. IHS Automotive also forecasts more than one million vehicles with some level of autonomy in the Middle East and Africa in 2035, with the potential for new and innovative business models and use cases.

In Japan and South Korea collectively, IHS Automotive forecasts nearly 1.2 million vehicles will be enabled with some form of autonomous driving capability in 2035. Demographics and an affinity for technology and innovative solutions help both markets, as the Japanese auto industry unites to close the gap with US and European rivals and as South Korea continues its development of world-class capabilities.

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