This paper provides the description and illustration of future possibilities and business models this new and emerging technology may come along with. Firstly, it briefly outlines the current history, to provide a few important milestones in this field within the last two decades. Secondly, this paper discusses those industries which (probably) will mostly be affected by the fundamental changes resulting from driverless cars. Finally, the focus of the last section lies on the business models global players and small start-ups are working on these days to ensure future market shares in a trillion-dollar industry.
The term "autonomous vehicle" has been discussed so often in recent time, and this does not come as a surprise. After the inventions of the horse-drawn carriage and the automobile, humankind is on the brink of the next mobile revolution. While self-driving cars just hit our streets for test purposes nowadays, autonomous vehicles (AVs) will shape the future of mobility, and they will become a common element of traffic.
Besides the technological perspective, which this paper does not discuss at length, AVs will have an impact on many aspects of our daily life and society we can barely imagine today.
Inhaltsverzeichnis (Table of Contents)
- Introduction
- Modern History of Self-driving Cars
- Affected Industries and Fields
- Robo-Taxi - The Next-Generation Business Model
- Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This paper explores the potential impact of autonomous vehicles (AVs) on various aspects of society, particularly focusing on the future possibilities and business models arising from this emerging technology. It examines the historical development of self-driving cars, the industries likely to be affected by AVs, and the business models being developed for this potentially trillion-dollar industry.
- The historical development of self-driving cars.
- The impact of AVs on various industries and fields.
- The emergence of business models for self-driving car technology.
- The potential for "mobility-on-demand" systems and their impact on transportation.
- The opportunities and challenges associated with the legalisation of autonomous driving.
Zusammenfassung der Kapitel (Chapter Summaries)
- Introduction: This chapter introduces the concept of autonomous vehicles and their potential to revolutionize transportation. It highlights the broader societal implications of AVs and outlines the paper's structure, which includes a historical overview, an exploration of affected industries, and a focus on business models.
- Modern History of Self-driving Cars: This chapter provides a concise history of self-driving car development, starting with the DARPA Grand Challenges in the early 2000s. It discusses key milestones, including the increasing involvement of major automotive manufacturers and research institutions in the field. The chapter also touches on the legal challenges associated with autonomous driving and the progress made by governments in legalizing this technology.
- Affected Industries and Fields: This chapter examines the industries that are likely to be most affected by the development of self-driving cars. It highlights the potential impact on the entertainment and media industry, with examples of companies like Daimler and Gauzy exploring ways to integrate smart glass technology into cars. The chapter also discusses the potential impact on cargo transportation and the construction sector, outlining the potential implications for jobs and safety.
Schlüsselwörter (Keywords)
Autonomous vehicles, self-driving cars, mobility-on-demand, transportation, entertainment and media industry, cargo transportation, construction, business models, legalisation, DARPA Grand Challenges, smart glass technology, driverless future, trillion-dollar industry.
- Quote paper
- Moritz Gospos (Author), 2019, The Potential of Autonomous Vehicles, Munich, GRIN Verlag, https://www.grin.com/document/1264590