Self-Driving Truck Market 2030 Key Business Strategies by BMW AG, Isuzu Motors, General Motors, Otto motors, AB Volvo, Daimler, Tesla, Waymo, Toyota, Volkswagen
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According to a recent report published by Allied Market Research, titled, Self-Driving Truck Market by Level of Autonomy and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2020-2025, the global self-driving truck market was valued at $1,004 million in 2020, and is projected to reach at $1,669 million by 2025, growing at a CAGR of 10.4% from 2020 to 2025.
At present, North America dominates this market. In 2020, China is expected to register the highest growth in Asia-Pacific. Similarly, the UK is expected to lead the overall market in Europe in 2020. In the same year, the U.S. is estimated to dominate the North American market.
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In 2020, based on level of autonomy, the level one segment is anticipated to dominate the global self-driving truck market, in terms of revenue. However, based on industry vertical, construction & manufacturing is projected to dominate the global market in the same year.
Key Findings of the Self-Driving Truck Market:
1) Level one is expected to generate the highest revenue in 2020.
2) In 2020, the construction & manufacturing segment is projected to account the highest revenue in the self-driving truck market.
3) Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.
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The key players profiled in the self-driving truck market report include BMW AG, Isuzu Motors Limited, General Motors, Otto motors, AB Volvo, Daimler AG, Tesla, Waymo, Toyota, and Volkswagen.
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