Daimler, Ford motor Profiled in Autonomous Trucks Market 2023 Report - AB Volvo, Tesla, IVICO, MAN, DAF, Scania

The newly released research at Market Study Report titled “2018-2023 Global Autonomous Trucks Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.

This report presents a comprehensive overview, market shares, and growth opportunities of Autonomous Trucks Market by product type, application, key manufacturers and key regions. Over the next five years projects that Autonomous Trucks will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

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The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Daimler, Ford motor, AB Volvo, Tesla, IVICO, MAN, DAF, Scania.

An autonomous truck, which is also known as self-driving truck, can run on the roads without the physical presence of a human driver. Autonomous trucks utilize advanced technological systems such as improved quality sensors and cameras, which in turn eliminate the requirement of the physical presence of a driver for running the truck. The platooning of vehicles, which is also known as vehicle-to-vehicle interaction, is an upcoming concept in the autonomous truck market and has been gaining significance for the last few years.

Increasing shortage of human drivers has been observed in recent years owing to the ever-increasing volumes of goods and materials being shipped and transported by means of trucks. For example, according to the American Trucking Associations, the trucking industry is witnessed a shortage of nearly 50,000 drivers in 2017, owing to the rising demand for transportation of materials in large volumes by means of trucks. This increasing shortage of human drivers in the trucking industry is expected to drive the autonomous truck market during the forecast period. Furthermore, an autonomous truck does not face the restriction of number of working hours, as is faced by a human driver driving the truck. The usage of an autonomous truck can thus increase the shipping volumes, as compared to those achieved by a truck driven manually by a driver. This is further expected to boost the autonomous truck market in the near future.An autonomous truck also reduces the probability of accidents caused by human error due to driver negligence. This is further anticipated to propel the autonomous truck market during the forecast period. Increasing efforts being taken by the OEMs (original equipment manufacturers) as well as the governments of various nations across the world in order to develop and implement autonomous trucks equipped with high technology at an affordable price are likely to fuel the autonomous truck market in the near future.

The market in North America is expected to expand at a significant growth rate during the forecast period. This is attributed to the high adoption rate of technology in the region and the increasing efforts being taken by OEMs to develop and introduce autonomous trucks in the region. For instance, the startup Embark has developed autonomous trucks that are being utilized to haul refrigerators in California. Uber?s autonomous truck is employed to haul cases of beer across Colorado. The market in Europe is also expected to expand at a considerable growth rate in the near future owing to the increasing efforts being taken by OEMs as well as the European Union to develop and introduce autonomous trucks in the region.

The worldwide market for Autonomous Trucks is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new study.

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Segmentation by product type:
Semi-Automated Trucks
Fully Automated Trucks

Segmentation by application:
Agriculture
Construction
Others

Research objectives:

To study and analyze the global Autonomous Trucks consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.

To understand the structure of Autonomous Trucks market by identifying its various subsegments.

Focuses on the key global Autonomous Trucks manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Autonomous Trucks with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of Autonomous Trucks submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

For More Details about this report: https://www.marketstudyreport.com/reports/global-autonomous-trucks-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023/?utm_source=OPR-AN

Table of Contents:
1 Market Overview
2 Manufacturers Profiles
3 Global Autonomous Trucks Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
4 Global Autonomous Trucks Market Analysis by Regions
5 North America Autonomous Trucks by Countries
6 Europe Autonomous Trucks by Countries
7 Asia-Pacific Autonomous Trucks by Countries
8 South America Autonomous Trucks by Countries
9 Middle East and Africa Autonomous Trucks by Countries
10 Global Autonomous Trucks Market Segment by Type
11 Global Autonomous Trucks Market Segment by Application
12 Autonomous Trucks Market Forecast (2018-2023)

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This release was published on openPR.