Press release
Autonomous Trucks Market 2018 Global industry Forecast To 2023 - By Size, Trends, Share, And Regions
Autonomous Trucks Market Key Players Analyzed in Report Are:
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.), BMW AG (Germany), AB Volvo (Sweden), Ford Motor Co. (U.S.), General Motor Company (U.S.).
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Autonomous Trucks Market Insights:
Global Autonomous Trucks Market by Components (Hardware and Software), Sensor Type (LiDAR, Image, Radar, Ultrasonic and Others), Technology (Semi-Automated Trucks and Fully Automated Trucks), and by Region - Forecast To 2023. The report gives a neat picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
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.
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. The scope of the study segments the global autonomous trucks market by components, sensor type, technology and regions.
Detailed Regional Outlook:
Geographically, the global autonomous trucks market has been segmented into four major regions such as North America, Europe, Asia Pacific, and Rest of the World. Amongst all regions, North America is expected to dominate the growth of the market during the forecast period followed by Europe. The high rate of technology adoption, increased volume of foreign tonnage, and the existence of major autonomous trucks manufacturers, such as Uber Technologies and Embark trucks is expected to drive the growth of the region over the forecast period. Availability of modern infrastructure facilities and the boom in demand for automobiles are further driving the market.
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List Of Figures:
FIURE 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
FIGURE 8 GLOBAL AUTONOMOUS TRUCKS MARKET SHARE, BY TYPE, 2016 (%)
Continued...
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