Self-Driving Cars & Transportation*
The self-driving car market is emerging, with the first commercial release expected in 2020 and a sharp growth of the market expected by 2025.
SMART SIGNALS
Smart traffic signs and signals will communicate traffic regulators and directions to the vehicle
![Traffic Signal](-/media/allianzgi/ap/singapore/insights/ai-traffic-signal.png?la=en&hash=9894C7BDB0CCC5EB61539536DCE7626A)
ELECTRIC BATTERY
90%
of senior executives polled expect battery electric vehicles to dominate the marketplace by 2025
![Charging Station for Self-Driving vehicle](-/media/allianzgi/ap/singapore/insights/ai-charging-station.png?la=en&hash=1E3E37FB69E16E108FF655DF4FE58FD1)
![](-/media/allianzgi/ap/singapore/insights/ai-self-driving-car.png?la=en&hash=05F5E2F4F26211133933D7D7B805F3A1)
The global driverless car market will reach
€39Billion
New business models could expand automotive revenue pools by about
30%
Over 81%
of all traffic accidents can be avoided by using vehicle communication systems that share traffic information with one another
About 90%
of traffic accidents are due to human failure