Level 3 autonomous driving efforts may draw most of today’s industry attention, but it’s clear that level 4 is on everyone’s radar. Verified Market Research data shows that the 2023 level 4 vehicle market is roughly one-quarter the size of the level 3 market, partly because level 4-ready platforms are so much more demanding and challenging to execute. Nevertheless, level 4 is clearly the market’s next development target. Today’s strategic AV designers see the wisdom in working on platforms that enable (relatively) easy level 3 wins while offering the performance and headroom to scale into level 4 without requiring all-new systems investment. The potential opportunity for those who compete effectively in this race will be substantial.
(3.90MB)