Press release
Global Self Driving Truck Market Worth 1,679 million USD by 2027 at CAGR of 10.2 %
Global Self Driving Truck Market was valued at USD 1,002 million in 2019 which is expected to reach USD 1,679 million by 2027 at a 10.2 % CAGR.Self-driving trucks are also called as robotic truck or autonomous truck. These are the innovation in automotive industry, these trucks have high growth potential and they are acting as catalyst in automobile industry for advancements and developments. Self-driving trucks are made with various components such as RADAR, LIDAR, cameras, and sensors.
Get Sample Copy of this Report @ https://qualiketresearch.com/request-sample/Self-Driving-Truck-Market/request-sample
Increase in development of supportive regulatory framework, government initiatives, and funding in digital infrastructure is expected to boost the global self-driving truck market growth. Furthermore, increase in shortage of human drivers will have the positive impact on global self-driving truck market growth. For instance, in 2017 according to American Trucking Associations, the truck industry is suffering from shortage of around 50000 human drivers. Moreover, increase in safety concerns and advancements in automotive technologies will increase the acceptance and adoption of self-driving trucks which is expected to fuel the global self-driving truck market growth, during this forecast period.
However, high cost is the major restraining factor which is expected to hamper the growth of global self-driving truck market. Also, lack of awareness and infrastructure facilities in under developing countries will affect the growth of global self-driving truck market.
Market Key Players
Various key players are discussed in this report such as Volkswagen, Toyota, Waymo, Tesla, Daimler AG, AB Volvo, Otto motors, General Motors, Isuzu Motors Limited, BMW AG, and Others.
Market Taxonomy
By Level of autonomy
• Level One
• Level Two
• Level Three
• Level Four
By Component Type
• RADAR
• LIDAR
• Camera
• Sensor
By Industry Vertical
• Construction and Manufacturing
• Mining
• Port
• Logistics
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Browse Full Research Report @ https://qualiketresearch.com/reports-details/Self-Driving-Truck-Market
About Us
QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.
Contact Person:
Vishal Thakur
Research Support Specialist
QualiKet Research
6060 N Central Expy #500, TX 75204, U.S.A
sales@qualiketresearch.com
Website: https://qualiketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Self Driving Truck Market Worth 1,679 million USD by 2027 at CAGR of 10.2 % here
News-ID: 2076463 • Views: …
More Releases from QualiKet Research
Global Prefabricated Building Market Qualitative Analysis of the Leading Players …
Global Prefabricated Building Market
Prefabricated building architecture is defined as a manufacturing process or an assembly site, in which several materials & building systems are combined to form a component or a part of larger onsite assembly or a building, where the structure is to be installed onsite. Prefabricated construction materials classified into various types such as concrete-based and metal prefabricated products.
The increase in the global foreign direct investment (FDI) inflows…
Global High Resistivity Silicon Wafers Market Size, Share, Segmentation Analysis …
Global High Resistivity Silicon Wafers Market
Silicon wafers is used in all kinds of electronic devices which is an essential material for manufacturing semiconductors. In the electronics sector, high resistivity silicon wafer is a thin slice of semiconductor material used in the fabrication of integrated circuits & other microdevices. High Resistivity Silicon Wafers serves as the substrate for microelectronic devices & undergoes many microfabrication process steps like ion implantation or doping,…
Global Digitally Printed Wallpaper Market 2021 | Covid19 Impact Analysis Scenari …
Global Digitally Printed Wallpaper Market
Digitally printed wallpaper is defined as an image or mural printed by digital printer which is used as wall murals in residential & commercial places. Also, these wallpapers are used for decorative purpose in transportation vehicles and are used for interior decoration on the walls of public & domestic places. Usually, digital wallpaper supplier sells these wallpapers in roll form and is applied onto wall through…
Global Halal Logistics Market Size,Share,Demand,New Industry Research on Present …
A study was undertaken over the Global Halal Logistics Market to form an in-detailed report over the same. The objective of the study is to describe, define, segment, and forecast the market as per different categories. The report gives a brief overview of the competitive scenario of the market and lists a number of companies operating in the industry based on their product range, financial stability, and the growth strategies…
More Releases for Level
Level Transmitters Market 2022| Industry Growth Rate, Trends, Future Opportunity …
Global Level Transmitters Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.…
Multi-level liquid level switch Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Multi-level liquid level switch Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Multi-level liquid level switch players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Multi-level liquid level…
Level Sensor Market Share, Growth, Trends and Forecast 2018 - 2026: By Applicati …
Global Level Sensor Market: Snapshot
Global Level Sensor Market report provides analysis for the period 2016 – 2026, wherein the period from 2018 to 2026 is the forecast and 2017 is the base year. The data for 2016 has been included as historical information. The level sensor report covers all the sensor types, technology, applications and industry verticals playing significant role in the global level sensor market’s growth over the forecast…
Level Gauge Market Report 2018: Segmentation by Type (Tank Level, Fuel Level, Wa …
Global Level Gauge market research report provides company profile for ABB Measurement & Analytics, Barksdale Control Products, jbj Techniques Limited, JOGLER, Inc., Keller America, Inc., KOBOLD Instruments, Inc., Krohne Ltd., Krueger Sentry Gauge Co., OMEGA Engineering, Inc., SensorsONE, Ltd. and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of…
¬Water Level Monitoring Using a Druck Depth/Level Sensor
In this Tech Article from CAS DataLoggers and dataTaker, we describe the process of connecting the Druck PTX 1830 depth/level sensor to a dataTaker DT8x series data logger. These two components can function as a water level monitoring logger and record depth measurements. The Druck sensor outputs a 4-20mA signal and can be powered by the dataTaker’s switchable 12V regulated voltage output.
Equipment required:
• dataTaker DT8x data logger
• Druck PTX 1830…
New Research Report: Self-Driving Truck Market by Level of Autonomy (Level One, …
Self-driving trucks are also known as autonomous trucks and robotic trucks. This truck has all the key capabilities of a traditional truck. The self-driving system allows the truck to drive itself using infrared radar, LIDAR (laser radar), cameras, sophisticated motion sensors, incredibly accurate sensors and sophisticated algorithms. Self-driving trucks are completely electric, so gas and energy are significantly less than conventional trucks. This in turn helps to reduce pollution leading…
