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Global and China Low-speed Droid Markets, 2019-2030 - Global Volume Expected to Reach 2.15M Units in 2025 and 7.42M Units in 2030


Added 02-14-20 12:04:03pm EST - “The "Global and China Low-speed Droid Industry Report, 2019-2030" report has been added to ResearchAndMarkets.com's offering.” - News.yahoo.com

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Posted By TheNewsCommenter: From News.yahoo.com: “Global and China Low-speed Droid Markets, 2019-2030 - Global Volume Expected to Reach 2.15M Units in 2025 and 7.42M Units in 2030”. Below is an excerpt from the article.

DUBLIN, Feb. 14, 2020 /PRNewswire/ -- The "Global and China Low-speed Droid Industry Report, 2019-2030" report has been added to ResearchAndMarkets.com's offering.

Given security, policies and legal risks, the commercialization of the autonomous driving technology will follow the route from low speed to high speed and from close to open.

The current autonomous driving technology cannot enable autonomous vehicles to carry passengers, but it allows autonomous vehicles to gradually replace traditional vehicles and attain commercialization firstly in segments such as freight and closed parks where the technical requirements are relatively low. Therefore, the global low-speed droid industry will enter the high-speed development stage in the near future and seize the traditional commercial vehicle market.

The global low-speed droid output will be estimated at 2.15 million units in 2025, with a CAGR of 58.7% compared with 2018; it will reach 7.42 million units in 2030, with a CAGR of 45.1% from 2018. Currently, low-speed droids are mainly used in low-speed transportation in outdoor closed scenarios (such as autonomous cleaning vehicles + outdoor logistics vehicles) and indoor closed scenarios (mainly including catering, hotels, KTV / hospitals). At present, most manufacturers are only in the stage of testing or preliminary commercialization. This industry boasts huge potentials, so all players are trying to seize first-mover advantages in their respective application areas.The report highlights the followings:

Brief introduction, product overview, development paths, applicable cases and latest development of 19 domestic and foreign low-speed droid companies such as Nuro, Einride, Starship, Auto X, Udelv, Idriveplus, UISEE, Forwardx Robotics, SUNING, JD X Business Division, etc.

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