Global Autonomous Trucks Market Anticipated to Expand at a CAGR of +39% over the Forecast Period (2016-2024)

The market research report published by Goldstein Research on autonomous trucks market is expected to grow at a CAGR of more than 39% during the forecast period 2016-2024. Huge investments in the research and development by various automobile companies coupled with the government favorable policies towards autonomous vehicles are propelling the growth of autonomous trucks market globally.

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Global autonomous trucks market segmentation has been carried out on the basis of technology type, components, and geography. On the basis of technology, semi-automation and driver assistance technology segment are anticipated to fuel up the total market growth. Top market players such as Volvo and Daimler AG are continuously into R&D of successfully manufacturing semi-automation technology based trucks which is expected to be deployed in near future (by the year 2020).

Global autonomous trucks market is majorly driven by North America on the back of the largest market for autonomous vehicles that will propel the sales of autonomous trucks in the region post-2020. North America is expected to be closely followed by Western Europe by approximately 3 million unit sales of autonomous vehicles by 2035.
Market Segmentation

Global Autonomous Trucks Market can be segmented as follows:

By Technology

• Driver Assistance
• Semi Automation
• High Automation
• Full Automation

By Components

• Software
o Applications
o Operating systems
• Hardware
o Cameras
o GPS systems
o Communication Systems
o Sensors
 Radars
 LIDARs
 Wheel Speed Sensors
 Ultrasonic
 Others

By Region

•
o North America Autonomous Trucks Market
o Europe Autonomous Trucks Market
o Middle East and Africa Autonomous Trucks Market
o Latin America Autonomous Trucks Market
o Asia Pacific Autonomous Trucks Market

“Autonomous Trucks Market Outlook 2024” contains a detailed overview of the global autonomous trucks market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by technology type, and components.

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Further, for the in-depth analysis, Global Autonomous Trucks Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as AB Volvo, Robert Bosch GmbH, Delphi Automotive PLC, Google Inc, Uber Technologies Inc., Tesla Inc., Volkswagen AG, Daimler AG, Einride, Embark, PACCAR Inc., etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the market research report represents the autonomous trucks market outlook along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies.

Key questions answered in this Global Autonomous Trucks Report
• What is the Global Autonomous Trucks Market Size by 2024 and what would be the expected growth rate of the industry?
• What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
• What are the autonomous trucks market trends?
• What are the factors which are driving this industry?
• What are the major barriers to autonomous trucks industry growth?
• Who are the key vendors in this industry space?
• What are the industry opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

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