Executive Summary: Ireland's Opportunity in the Autonomous Mobility Revolution
Introduction
The global mobility landscape is undergoing a transformative shift, driven by the advent of autonomous, connected, electric, and shared (ACES) vehicles. Ireland stands poised to capitalize on this revolution, creating high-calibre job opportunities and driving economic growth.
Key Points:
- Market Potential: The global market for autonomous vehicle technologies is forecasted to reach €70 billion by 2035, not accounting for ancillary electric and mobility services, which promise even greater growth.
- Technological Advancements: Connected and autonomous vehicles (CAVs) are at the forefront of innovation, with most manufacturers targeting production by 2021.
- Safety and Efficiency: Autonomous vehicles have the potential to eliminate 90% of traffic collisions caused by human error, enhancing road safety and efficiency.
- Economic Impact: The introduction of CAVs will significantly reduce delays, congestion, and improve the delivery of goods and services, leading to substantial economic benefits.
- Policy and Legislation: There is a pressing need for legislative adjustments to ensure the safe integration of CAVs into the existing road network, focusing on safety, management policy, and insurance frameworks.
- Job Creation: The technology sector in Ireland is well-positioned to lead in this growing market, particularly in areas such as hardware manufacturing and data services supporting CAV technologies.
Challenges and Opportunities:
- Safety and Technology Integration: Addressing the challenges of integrating advanced technologies like CAVs into the transportation ecosystem.
- Policy Development: Implementing effective policies and guidelines to manage the transition smoothly and safely.
- Job Opportunities: Creating employment opportunities in hardware manufacturing and data services related to autonomous technologies.
Conclusion:
Ireland is at the cusp of significant technological advancements in transportation, offering a unique opportunity to transform its road networks, enhance safety, and stimulate economic growth through the strategic integration of autonomous vehicles and related technologies.
