Semi-Autonomous & Autonomous Truck Market 2020-2025: Continental, Bosch, Aptiv, AB Volvo, Denso Embark, Daimler, Waymo, Tesla, Paccar and Others.

According to Market Study Report, Semi-Autonomous & Autonomous Truck Market provides a comprehensive analysis of the Semi-Autonomous & Autonomous Truck Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, technological trends and emerging opportunities of global industry.This report also provides market landscape and market share information in the Semi-Autonomous & Autonomous Truck Market. An exclusive data offered in this report is collected by research and industry experts team.

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The global semi-autonomous truck market size is projected to reach 3,254 thousand units by 2025, from an estimated 948 thousand units in 2020, at a CAGR of 28.0%. The global autonomous truck market size is projected to reach USD 1,550 million by 2030, from USD 460 million in 2024, at a CAGR of 22.4%. This report spread across 225 pages, profiling 11 companies and supported with 124 tables and 75 figures are now available in this research.

Top Key Players Profiled in the Semi-Autonomous & Autonomous Truck Market:
o Continental (Germany)
o Bosch (Germany)
o Aptiv (UK)
o AB Volvo (Sweden)
o Denso (Japan)

"Impact of COVID-19 pandemic would drive the last mile delivery truck segment in the forecast."
Autonomous last-mile delivery trucks can help companies save 40% of the total cost. Also, the shortage of human delivery driver/personnel and increasing e-commerce will be driving the autonomous truck market for last-mile delivery applications. For instance, the E-commerce giant, Amazon, has been eyeing the usage of autonomous last-mile delivery technology to cut the delivery cost and has invested in many tech companies related to it as well.

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"Asia Pacific is expected to be the fastest-growing market during the forecast period"
The Asia Pacific region is expected to be the fastest-growing market. The region comprises countries, such as China, Japan, and South Korea, which have a technologically advanced automotive industry. Chinese AI company, FABU, developed a self-driving truck in March 2019, which will be used for delivery services by companies, China Post and Deppon Express. A Japanese truck manufacturer, UD Trucks, revealed a level 4 autonomous truck in September 2019, which will be operated on a specified delivery route.

"North America is expected to be the largest market in the forecast period"
The North America region is estimated to be the largest semi-autonomous truck market. The US is at the center of autonomous driving technology developments. Technology companies such as TuSImple, Embark, Plus.ai, and Torc Robotics are developing autonomous driving technologies in the region. The region is facing a shortage of drivers as well, which would further help the autonomous market grow in the forecast. Also, the region is dominated by pickup trucks, which are equipped with advanced semi-autonomous features.

Breakdown of primary participants' profile:
o By Company Type: Tier I - 40%, Tier II - 42%,and Tier III - 18%
o By Designation: C Level - 57%, D Level - 29%,and Others - 14%
o By Region: North America - 39%, Europe - 33%, and Asia Pacific - 28%

Competitive Landscape of Semi-Autonomous & Autonomous Truck Market:
1 Overview
2 Market Ranking Analysis For Semi-Autonomous Truck Market
3 Market Ranking Analysis For Autonomous Truck Market
4 Competitive Scenario
4.1 Collaborations/Joint Ventures/Supply Contracts/ Partnerships/Agreements
4.2 New Product Developments
4.3 Mergers & Acquisitions
4.4 Expansions
5 Competitive Leadership Mapping For Semi-Autonomous And Autonomous Truck Market
5.1 Stars
5.2 Emerging Leaders
5.3 Pervasive
5.4 Emerging Companies
6 Strength Of Product Portfolio
7 Business Strategy Excellence
8 Winners Vs. Tail-Enders

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Research Coverage:
The market study covers the semi-autonomous and autonomous truck market size and future growth potential across different segments such as by propulsion type, application, truck class, ADAS feature,sensor, level of automation, and region.The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

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