Autonomous Trucks Market 2018 Key Country Analysis: Global Players BMW, Volvo, Ford, General Moto, Bosch, Delphi, Google Uber, Tesla, Volkswagen, And Embark Trucks

Autonomous Trucks Market Share, Growth, Trends, and Key Country Analysis Research Report 2018: Global Forecast to 2023, Global Autonomous Trucks Market will Register highest growth through 2023. Report provides in-depth analysis of Autonomous Trucks Industry by Components (Hardware and Software), Sensor Type (LiDAR, Image, Radar, Ultrasonic and Others), Technology (Semi-Automated Trucks and Fully Automated Trucks), and by Regions (North America, Europe, APAC, RoW). Autonomous Trucks Market is predicted to witness 15.6% CAGR by 2023.

This study provides an overview of the global autonomous trucks market, tracking three market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for each region for the next five years.

Top Autonomous Trucks Manufacturers Competitive Landscape:

The key players in Autonomous Trucks market are BMW AG (Germany), AB Volvo (Sweden), Ford Motor Co. (U.S.), General Motor Company (U.S.), Robert Bosch GmbH (Germany), Delphi Automotive PLC (Ireland), Google Inc (U.S.), Uber Technologies Inc. (U.S.), Tesla Inc. (U.S.), Volkswagen AG (Germany), Embark Trucks (U.S.). Autonomous Trucks market is volatile and highly competitive with the presence of some well-established vendors.

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These market participants are continuously implementing various strategies such as mergers, partnership, collaboration, product launches, etc. to gain a substantial edge over the market. Competition in the Autonomous Trucks market is heating up. As these key players are increasingly investing towards the development of new technology.

Market Overview:

Autonomous Trucks refers to a vehicle that is useful for maintaining balance and effective driving efforts without human inputs. The driving is computerized based or handled with software systems, which can improvise the machine efforts with minimum time and manpower. Autonomous Trucks are operated mainly with the help of sensors, such as LiDAR, image and radar. The development of new and advanced software technologies with automated handling system is a major factor driving the market. Suspension manufacturers are working towards the development of new technologies with the objective to remain competitive in the market. Automakers are working towards the development of fuel-efficient autonomous trucks for eliminating the excessive fuel cost and environmental fuel polluting gases. However, this market is expected to be challenged by the safety of software systems and major developments toward the prevention of hacking of such software systems.

The autonomous truck is a commercially used vehicle that relies on different techniques that enable it to sense the surrounding and to navigate without any human input. Autonomous trucks majorly rely on satellites, guided systems and ground sensors. These systems identify obstacles and relevant signage to give proper navigation to the trucks for running without damage.

Segmentation:

The scope of the study segments the global autonomous trucks market by components, sensor type, technology and regions.

By Components:

Hardware
Software
By Sensor Type:

LiDAR
Image
Radar
Ultrasonic
Others
By Technology:

Semi-automated Trucks
Fully Automated Trucks
Regional Analysis:

In terms of region, the global market for autonomous trucks is segmented into North America, Europe, Asia Pacific, and Rest of the World. North America is anticipated to hold the major market revenue share over the forecast period followed by Europe and Asia Pacific. As per the American Trucks Association, Trucks carry 70% of the total goods shipped around the U.S. Also, there had been a shortage of 50,000 drivers in the year 2017, which is expected to increase to 175,000 by the end of 2024. This will enhance the growth of autonomous trucks because the technology is computer-controlled and not driver-controlled. Autonomous trucks are not subjected to rules and can extend their working more than human working hours. Asia Pacific market is expected to expand at a high CAGR throughout the forecast period due to low labor cost for the production plant and increased effort towards ease of operating in the countries such as China, Singapore, Japan and India. The great demand of logistic services in China and Singapore and the government backing for the advanced technology and fewer regulatory hurdles will boost the growth of the Asia Pacific autonomous trucks market.

List of Tables:

Table 1 Autonomous Trucks Market: By Region, 2017-2023

Table 2 North America Autonomous Trucks Market: By Country, 2017-2023

Table 3 Europe Autonomous Trucks Market: By Country, 2017-2023

Table 4 Asia Pacific Autonomous Trucks Market: By Country, 2017-2023

Table 5 RoW Autonomous Trucks Market: By Country, 2017-2023

Table 6 Autonomous Trucks Market, By Body Type, By Regions, 2017-2023

Table 7 North America Autonomous Trucks Market, By Body Type, By Country, 2017-2023

Table 8 Europe Autonomous Trucks Market, By Body Type, By Country, 2017-2023

Table 9 Asia Pacific Autonomous Trucks Market By Body Type, By Country, 2017-2023

Table 10 RoW Autonomous Trucks Market By Body Type, By Country, 2017-2023

Continued…

List of Figures:

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top Down & Bottom Up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter’s Five Forces Analysis

FIGURE 7 Value Chain Analysis

Continued…

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