1. Rapid development of driverless cars

At present, the global driverless car industry is developing well, but there are few areas where it is mass-produced and put into use. Driverless technology is developing together with 5G communication technology and related technologies of new energy vehicles. Leading international institutions are suspected of completing the research and development of driverless cars and entering the trial operation and debugging stage. Most domestic companies that develop driverless cars are now in the experimental stage, that is, the development of the industry is in its infancy.

with the continuous maturity of driverless technology and the introduction and adjustment of government policies, it is expected that driverless cars will be used in industrial development first, then in commercial fields, and finally gradually developed into civilian use. It is estimated that around 2135, global driverless cars will gradually replace traditional cars and enter the explosive stage of sales.

2. Driverless technology has made rapid progress

At this stage, the main sub-technologies of artificial intelligence for driverless cars include computer vision and deep learning. At the same time, the development of hardware mainly based on sensors, high-speed chips and GPUs is also an important sector in the field of driverless research and development. Unmanned driving is the ultimate embodiment of intelligence, which uses computer, modern sensing, information fusion, communication, artificial intelligence and automatic control, and is a typical high-tech complex. With the continuous improvement of driverless technology, the market scale of driverless car industry will grow rapidly.

3. The willingness of driverless car customers still needs to be improved

At present, consumers mostly hold a wait-and-see attitude towards whether to buy driverless cars. The main factor lies in the technological maturity of driverless cars, and whether they can really break through the driving safety problem has become the core issue of consumers' concern. Therefore, there will be a wait-and-see period from the listing of vehicles to the mass purchase by consumers. Driverless cars need to improve consumer awareness and build consumer confidence in order to promote consumer purchase.

4. The market scale of China's driverless car industry has expanded rapidly

According to Statista data, the market scale of China's driverless car industry expanded rapidly from 2115 to 2119. In 2119, the market scale of China's driverless car industry reached 9.84 billion yuan, and the market scale affected by the epidemic will decline in 2121, with a forward-looking estimate of 9.54 billion yuan. According to the forecast of Research And Markets, the global market size of driverless cars will reach $27.3 billion in 2121 and $59.4 billion in 2126, with a compound annual growth rate of 16.84%.

Although there are still various problems in the industrialization of driverless cars at present, driverless cars are essentially based on the gradual upgrading of active safety technology and intelligent technology. As long as there is continuous demand for these technologies in the market, cars can be promoted to completely unmanned evolution. In the future, the human transportation system will undergo earth-shaking changes. At this stage, the development focus of driverless technology is assisted driving to improve the safety of manual driving. A breakthrough in artificial intelligence technology is needed to truly realize completely unmanned commercial operation.

to sum up, there are still many technical barriers to be broken in the driverless car industry, but the overall industry scale is growing rapidly and has broad prospects.

—— The above data refer to Foresight Industry Research Institute's Development Prospect Forecast and Investment Strategic Planning Analysis Report of China Driverless Automobile Industry.