Government Policies Supporting Autonomous Vehicle Deployment Globally
The increasing prevalence of road accidents is fueling the demand for fully autonomous and semi-autonomous vehicles. According to the World Health Organization (WHO), around 1.35 million deaths are recorded every year because of road crashes. Furthermore, the organization also found that between 20 and 50 million more people suffer various non-fatal injuries due to road accidents. In the U.S., there were nearly 34,200 fatal vehicle crashes in 2017, which caused the deaths of around 37,000 people.
This decision was made for allowing trucks operated by autonomous driving systems to travel across different state lines in the country. Autonomous vehicles are equipped with advanced safety systems and technologies such as adaptive headlights, lane departure and forward collision warning systems, and sideview (blind spot) assist. Apart from improving the safety of the vehicle, autonomous technologies also significantly enhance the driving experience. Due to these factors, the popularity of autonomous vehicles is soaring, thereby causing the growth of the global autonomous vehicle market.
Currently, autonomous vehicles are classified, depending on the level of autonomy, into five levels, ranging from Level 0 to Level 5. While the autonomy levels ranging from 1 to 3 fall under semi-autonomous vehicle category, the vehicles having autonomy levels 4 and 5 are considered as fully autonomous. At present, level 3 is the highest level of autonomy integrated in vehicles. Both semi-autonomous and fully-autonomous vehicles are equipped with advanced driver assistance systems (ADAS) such as automatic parking, automatic emergency braking, and adaptive cruise control.
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Out of these, the demand for automatic emergency braking systems is predicted to rise at the fastest pace in the coming years, primarily because of the increasing enactment of policies by several governments that mandate the incorporation of automatic emergency braking systems in automobiles. For example, the National Highway Traffic Safety Administration (NHTSA) in the U.S. has implemented a standard for mandating the adoption of automatic emergency braking systems in automobiles by 2022.
