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Economic impact of CAVs in the United Kingdom (UK) 2030, by type

This statistic shows a forecast of the economic impact of connected and autonomous vehicle (CAV) introduction in the United Kingdom by 2030, broken down by type. CAVs were expected to have a consumer impact of 46 billion British pounds, which included forecasted savings of insurance and running costs as well as value of time due to increased connectivity.

Breakdown of economic impact of connected and autonomous vehicles (CAVs) in the United Kingdom (UK) by 2030 (in billion GBP)*

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Sources

Release date

April 2019

Region

United Kingdom

Survey time period

2019

Supplementary notes

* Detailed information on type breakdown:
Consumer impact includes value of time allowing consumers to stay connected, more efficient journeys and a resulting increase in productivity, reduced insurance, running and parking costs.
Wider impacts refer to revenue growth in peripheral industry sectors, etc.
Costs include infrastructure related investments needed.

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