Global overview

US$1.5 trillion

New business models, improved connectivity and advanced mobility will expand automotive revenue pools by about 30%, adding up to US$1.5 trillion.

3.6%

The annual growth rate of global annual car sales is expected to drop from 3.6% over the last five years to around 2% by 2030.

10%

1 in 10 new cars sold in 2030 will be a shared vehicle.

2030

In 2030, fully autonomous vehicles will account for 15% of all cars sold across the globe.

380 million

By 2021, over 380 million connected cars are expected to be on the road.

10 to 15%

Electrified cars will account for 10 to 15% of all new car sales in 2030.

25,000

Over 25,000 serious accidents are expected to be prevented by connected and autonomous cars between 2014 and 2030.

60-100

Modern-day cars have an average of 60-100 sensors on board.

22 billion

By 2020, an estimated 22 billion sensors in cars will be sold worldwide.

90%

90% of all transport-related transactions will not involve the use of a paper ticket by 2020.

 

Securing success: Dubai’s strategy

25%

By 2030, 25% of all transportation trips in Dubai will be smart and driverless.

900 million

This strategy is poised to reduce transportation costs by 44%, which is equivalent to around AED 900 million.

18 billion

It will also help in saving AED1.5 billion through reduction of environmental pollution and AED 18 billion through raising efficiency of the transport sector by 20%.

396 million

Productivity will be positively affected – with a potential increase of 13%, saving people up to 396 million hours of time wasted on the roads annually.

2 billion

Finally, the strategy will contribute to reducing road accidents, and their associated economic losses, by 12%, saving AED 2 billion a year.

Faez Roger Online Editor

Faez Roger is Online Editor of CPI Business' flagship publication - SME Advisor.

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