A driverless automobile is a type of car that can perceive its environment and direct without the aid of a human interference. It would be competent enough to sense ambiances utilizing the latest technology – radar, lidar, GPS, Odometry, and computer vision.
According to automobile experts, the sector is on the verge of a massive transformation. The producers of automobile are identifying the two contingencies presented by technology, as driverless cars become a reality.
The foremost, certain consumers who would have sought to buy an automobile, might hesitate to do so. This could affect the growth projections of the automobile sector in the short run. Secondly, technology majors could be in an excellent position to enhance their revenue through the software they develop. Some of the technology majors are also looking at producing their automobile.
For e.g., the technology major Google is facilitating the launch of the driverless car called ‘Google Self-Driving Car Project‘. Google is looking at increasing the various functions related to the driverless car, which includes production, international procurement, automobile technology among others.
According to a report by the investment bank, Morgan Stanley, “The motor industry was being disrupted far sooner, faster and more powerfully than one might expect. It predicted that conventional carmakers would scramble in the coming year to reinvent themselves.”
Ford is collaborating with Amazon to link the automobile it producers to sensor-detecting smart households. However, the safety and regulatory apprehensions are hurdles that have to be sorted out before the driverless car begins its commercial journey.
According to some market experts, the driverless car would have to overcome severe challenges in terms of market segmentation. Again, not all consumers might prefer a driverless car.
The interior design of a driverless car could be radically different than the traditional one. If a person is not needed to be in charge, the way the seats are arranged could be different. It could be possible that passengers are seated opposite to each other.
As per automobile stakeholders, the first driverless car could be launched in 2020. The road ahead for the driverless car would not be perfect. It would take time for the technology to be perfected, but, the driverless car is here to stay in the coming years.
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