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Global Autonomous Commercial Vehicle Market 2021 | Estimated Growth, CAGR Status, Revenue Generation, Industry Size And Share, And Future Prospects
Autonomous Commercial Vehicle Market
The autonomous commercial vehicle market report describes and explains the global autonomous commercial vehicle market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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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.
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 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 market is expected to reach $13.41 billion in 2025 at a CAGR of 17%.
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Some of the major players of the autonomous commercial vehicle market are Volkswagen, Daimler, Tesla, Denso, Continental, Waymo, BMW AG, Isuzu Motors Limited, General Motors, 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.
The global autonomous commercial vehicle market is segmented -
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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Few Points From Table Of Content
1. Executive Summary
2. Autonomous Commercial Vehicle Market Characteristics
3. Autonomous Commercial Vehicle Market Trends And Strategies
4. Impact Of COVID-19 On Autonomous Commercial Vehicle
5. Autonomous Commercial Vehicle Market Size And Growth
…
26. Africa Autonomous Commercial Vehicle Market
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
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