Autonomous Commercial Vehicle Market Business Overview, Research Insights, Leading Players, Current Trends And COVID-19 Impact Analysis

The global autonomous commercial vehicle market is expected grow from $5.59 billion in 2020 to $7.07 billion in 2021 at a compound annual growth rate (CAGR) of 26.5%. The market is expected to reach $13.41 billion in 2025 at a CAGR of 17%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.

The Business Research Company offers "Autonomous Commercial Vehicle Global Market Report 2021" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth and highlights important trends and strategies that players in the market can adopt.

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The autonomous commercial vehicle market consists of sales of autonomous commercial vehicles and their related services. Autonomous commercial vehicles are also known as self-driving or robot vehicles. The autonomous vehicle uses various technologies and software such as artificial intelligence, RADAR sensors, light detection & ranging (LiDAR), and others to navigate, control, and drive the vehicle.

Some of the key players involved in the autonomous commercial vehicle market are AB Volvo, Beiqi Foton Motor, Skywell, Dongfeng Motor, SINOTRUK Group, FAW Jiefang, China Shaanqi, Beiben Trucks, SAIC Hongyan, JMC, Zhengzhou Yutong Bus, King Long Bus, CRRC Electric Vehicle, Xiamen Golden Dragon Bus, Anhui Ankai Automobile.

The countries covered in the global autonomous commercial vehicle market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global autonomous commercial vehicle market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Autonomous Commercial Vehicle Market Segmentation:
1) By Vehicle: Truck, Trailer, Bus, Others
2) By Automation Level: Driver Assistance, Partial Automation, Conditional Automation, High Automation, Full Automation
3) By Fuel Type: Conventional, Hybrid Vehicle, Electric Vehicle

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A Few Points From The Table Of Content
1. Executive Summary
2. Autonomous Commercial Vehicle Market Characteristics
3. Autonomous Commercial Vehicle Market Size And Growth
4. Autonomous Commercial Vehicle Market Segmentation
5. Autonomous Commercial Vehicle Market Regional And Country Analysis
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27. Autonomous Commercial Vehicle Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Autonomous Commercial Vehicle Market
29. Autonomous Commercial Vehicle Market Future Outlook and Potential Analysis
30. Appendix

The report covers the trends and market dynamics of the autonomous commercial vehicle market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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