Autonomous Trucks Market | Size, Trends, Share, Growth, SWOT Analysis, Market Drivers, Restraints, Opportunities, And Key Industry Developments with Global Forecast to 2027

PRESS RELEASE
Published February 2, 2023

Autonomous Trucks Market size | 2023 Automotive Industry Global Analysis By Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast To 2027 report provides comprehensive information on current scenario which includes historical and projected Autonomous Trucks Market insights.

Autonomous Trucks Marketsize | 2023 Automotive Industry Global Analysis By Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast To 2027 report provides comprehensive information on current scenario which includes historical and projected Autonomous Trucks Market insights.

The adoption of advanced driver assistance technologies (ADAS) has significantly improved safety on highways, according to a study conducted by the Federal Motor Carrier Safety Administration in collaboration with trucking industry leaders. An example includes J.B. Hunt, a leading for-hire carrier in the US, which has equipped 98% of its vehicles with a forward-collision warning system and lane departure warning along with dash cameras on 84% of its class 8 trucks. The implementation of such technologies has enabled a 50% reduction in rear-end crashes and an increase in asset uptime and driver retention.

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Major Autonomous Trucks Market Manufacturers covered in the market report include:

  • TuSimple, Inc. (San Diego, US)
  • Waymo LLC (Mountain View, US)
  • Embark Trucks (San Francisco, US)
  • Tesla (California, US)
  • Caterpillar (Illinois, US)
  • AB Volvo (Gothenburg, Sweden)
  • Daimler AG (Stuttgart, Germany)
  • Continental AG (Hanover, Germany)
  • Robert Bosch GmbH (Stuttgart, Germany)
  • NVIDIA Corporation (Santa Clara, US)
  • Aptiv (Dublin, Ireland)

Autonomous Trucks Market Regional Analysis:

This study provides an overview of the Global Autonomous Trucks Market, tracking five market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Autonomous Trucks Market by its Type, Applications, End User and Region.

Global Autonomous Trucks Market Highlights:

The global autonomous trucks market size was USD 1,074.70 million and is projected to reach USD 2,013.34 million by 2027, exhibiting a CAGR of 12.6% during the forecast period.

Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Furthermore, Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.

Segmentation:

By Level of Autonomy

Level 1
Level 2
Level 3
Level 4
By Sensor Type

Ultrasonic
Radar
Camera
LiDAR
By Propulsion

Diesel
Electric
Others
By Truck Type

Light Duty Truck
Medium-Duty Truck
Heavy Duty Truck
By ADAS Features

Adaptive Cruise Control (ACC)
Lane Keep Assist (LKA)
Automatic Emergency Braking (AEB)
Blind Spot Detection (BSD)
Intelligent Park Assist (IPA)
Highway Pilot (HP)
Traffic Jam Assist (TJA)

Autonomous Trucks Market Industry Competitive Analysis:

The Autonomous Trucks Market report examines competitive scenario by analyzing key players in the market. The company profiling of leading market players is included this report with Porter's five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.

Key questions answered in the report:

  • What will the market growth rate of Autonomous Trucks Market be in 2027?
  • What are the key factors driving the global Market?
  • Who are the key manufacturers in space?
  • What are the market opportunities, market risks and market overview of the Global Market?
  • What are sales, revenue, and price analysis of top manufacturers of the Global Market?

Table Of Content:

1 Market Overview

1.1 Autonomous Trucks Market Introduction

1.2 Market Analysis by Type

1.3 Market Analysis by Applications

1.4 Market Analysis by Regions

1.4.1 North America (United States, Canada and Mexico)

1.4.1.1 United States Market States and Outlook

1.4.1.2 Canada Market States and Outlook

1.4.1.3 Mexico Market States and Outlook

1.4.2 Europe (Germany, France, UK, Russia and Italy)

1.4.2.1 Germany Market States and Outlook

1.4.2.2 France Market States and Outlook

1.4.2.3 UK Market States and Outlook

1.4.2.4 Russia Market States and Outlook

1.4.2.5 Italy Market States and Outlook

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.4.3.1 China Market States and Outlook

1.4.3.2 Japan Market States and Outlook

1.4.3.3 Korea Market States and Outlook

1.4.3.4 India Market States and Outlook

1.4.3.5 Southeast Asia Market States and Outlook

1.4.4 South America, Middle East and Africa

1.4.4.1 Brazil Market States and Outlook

1.4.4.2 Egypt Market States and Outlook

1.4.4.3 Saudi Arabia Market States and Outlook

1.4.4.4 South Africa Market States and Outlook

1.4.4.5 Turkey Market States and Outlook

1.5 Market Dynamics

1.5.1 Market Opportunities

1.5.2 Market Risk

1.5.3 Market Driving Force

2 Manufacturers Profiles

Continued…

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