Autonomous Trucks Market 2018 Global Leading Players Analysis: BMW, Volvo, Ford Motor, General Motor, Bosch, Delphi, Google, Uber Technologies, Tesla, Volkswagen, Embark Trucks

Autonomous Trucks Market is anticipated to expand remarkably at a CAGR of 15.6% during the forecast period of 2018 to 2023. Autonomous Trucks Market Research Report - Forecast to 2023 is latest report on Autonomous Trucks Industry, which provides Autonomous Trucks Market Size, Share, Trends, Growth analysis with historic and forecast data.

Autonomous Trucks Key Company Analyzed in Report Are:

BMW AG (Germany), AB Volvo (Sweden), Ford Motor Co. (the U.S.), General Motor Company (the U.S.), Robert Bosch GmbH (Germany), Delphi Automotive PLC (Ireland), Google Inc (the U.S.), Uber Technologies Inc. (the U.S.), Tesla Inc. (the U.S.), Volkswagen AG (Germany), Embark Trucks (the U.S.).

Get Sample Copy Of “Autonomous Trucks Global Market Report 2018” At: https://www.marketresearchfuture.com/sample_request/6126

Market Highlights:

In this research report Autonomous Trucks Market is segmented by Components (Hardware and Software), Sensor Type (LiDAR, Image, Radar, Ultrasonic and Others), Technology (Semi-Automated Trucks and Fully Automated Trucks), and by Region.

Along with the advancement in technology, the demand for automation has increased globally. The autonomous trucks are the product of automation which enables the vehicles to function based on navigation systems and high-tech sensors without any human interference.

Market Drivers and Restraints:

Utilization of technologically advanced systems such as sophisticated cameras, navigation systems and sensors in autonomous trucks have dramatically improved the functioning quality of self-driving trucks in the recent years. The proliferation in the volume of goods and materials being transported by means of trucks has created a shortage of human drivers in the trucking industry, resulting in the rapid adoption of autonomous trucks for transportation of materials in large volume.

The high adoption rate of autonomous trucks for logistics purpose is leading to the significant growth of the global autonomous trucks market. The multiple benefits provided by autonomous trucks such as their functionality in challenging environments and reduction in accidents caused by human errors or driver negligence are inducing high demand for autonomous or self-driving trucks in the global market.

However, the incapability of autonomous trucks to perform in complicated situations such as four-way intersections and high risk of hacking of electronic and software systems in the autonomous trucks are likely to create hindrance in the growth of the global autonomous trucks market during the forecast period.

Market Segmentation:

The autonomous trucks global market has been segmented based on component, sensor type, and technology. Based on component, the market is segmented into hardware and software.

Based on sensor type, the market is segmented into LiDAR, image, Radar, ultrasonic and others. Among these, the Radar segment is projecting dominance over the global autonomous trucks market owing to its multiple advantages such as light weight, long range detection, flexible mounting and capability to operate in adverse weather conditions such as fog, snow and rain.

Based on technology, the market is segmented into semi-automated trucks and fully automated trucks.

Regional Analysis:

Geographically, the global autonomous trucks market is segmented into four major regions such as Europe, Asia Pacific, North America and the rest of the world. North America region is dominating the global autonomous trucks industry owing to the brisk technological development and rapid adoption of advanced technology by automotive and trucking industries in this region.

The Europe region stands second in the global autonomous trucks global industry owing to the increased volume of foreign tonnage and presence of large number of autonomous trucks manufacturers in this region. The automation of services and increased technological developments are driving the market in the rest of the world.

Industry updates:

In April 2018, a former member of Google's self-driving car team and previous co-founder of Otto, has founded an autonomous truck startup named 'Kodiak Robotics.' This self-driving truck company has raised USD 40 Mn in four months.

In August 2018, it was announced that Uber is pulling the plug on its autonomous trucks service just four months after it demonstrated the vehicle shipping freight across Arizona. The shuttering of autonomous truck service is aiding Uber to concentrate more on its autonomous car service.

Table of Content:

1 EXECUTIVE SUMMARY

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 DEFINITION

2.2.2 RESEARCH OBJECTIVE

2.2.3 ASSUMPTIONS

2.2.4 LIMITATIONS

2.3 RESEARCH PROCESS

2.3.1 PRIMARY RESEARCH

2.3.2 SECONDARY RESEARCH

2.4 MARKET SIZE ESTIMATION

2.5 FORECAST MODEL

3 MARKET LANDSCAPE

3.1 PORTER’S FIVE FORCES ANALYSIS

3.1.1 THREAT OF NEW ENTRANTS

3.1.2 BARGAINING POWER OF BUYERS

3.1.3 THREAT OF SUBSTITUTES

3.1.4 SEGMENT RIVALRY

3.1.5 BARGAINING POWER OF BUYERS

3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

Browse more details on report at: https://www.marketresearchfuture.com/reports/autonomous-trucks-market-6126

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Us:

Amanora Chambers,

Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India+1 646 845 9312

sales@marketresearchfuture.com

This release was published on openPR.