Adam Jonas isnt Nostradamus, but the Morgan Stanley analyst is predicting the road to complete vehicle autonomy will begin in 2026. Whats more, he says the technology will eventually reach 100 percent market penetration two decades later.If Jonas is to be believed, that means we'll all be passengers in our cars pretty soon.In a report to analysts earlier this week, Jonas said his company sees autonomous cars contributing $5.6 trillion in economic savings globally.
But Jonas isnt the only individual predicting a promising future for autonomous cars: Two research studies in August 2013 revealed similar predictions.Navigant Research, a market research firm, wrote that by 2035, sales of autonomous vehicles will reach 95.4 million annually, representing 75% of all light-duty vehicle sales. Meanwhile, the research firm ABI Research believes half of all new cars will be autonomous by 2032.
But not everyone sees complete vehicle autonomy entering the marketplace as quickly.In December, independent research organization Victoria Transport Policy Institute released a report that outlined the state of vehicle autonomy in the future, noting Then again, autonomous cars may come even earlier than any of these studies suggest Nissan believes it will have an autonomous car on sale in 2020.Whatever year autonomous cars finally come to market, it seems very likely we'll be able to let our cars do our driving in the very near future.