Autonomous Trucks Market to Eyewitness Massive Growth by 2028 | Daimler AG, Waymo, Tesla

Worldwide Autonomous Trucks Market In-depth Research Report 2021, Forecast to 2028 is latest research study released by AMA evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Worldwide Autonomous Trucks Market. Some of the key players profiled in the study are Daimler AG (Germany), Waymo (Alphabet) (United States), Tesla Inc. (United States), Embark (United States), TuSimple, Inc. (United States), MAN SE (Germany), Starsky Robotics (United States), AB Volvo (Sweden), DAF (Paccar) (United States), Scania (Sweden)

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Autonomous trucks or self-driving trucks require no human driver. These trucks are best suited for long-distance highways. Humans are still needed to navigate local streets and non-driving tasks such as coupling tractors and trailers, fueling, inspection, loading, and unloading. This technology has the potential to make commercial trucking more cost-efficient and safer. This approach is likely to lead to the “digitization” of freight, with app-based marketplaces where local drivers can select from available loads. There has been a range of tests and developments taking place in the autonomous vehicle sector in the last few years. The adoption of this technology depends on factors such as technological limitations and public acceptance.

Influencing Market Trend
• Research and Developments in Technology to Increase Reliability and Minimize Faults or Failure

Market Drivers
• Labor Shortage Is Driving the Demand for Trucks That Do Not Require Human Assistance
• High Demand Since Autonomy Leads To Reduced Costs of Operation
• Increasing Demand Since Fuel Efficiency Reduces Environmental Impact

Opportunities:
• The Booming Logistics Industry Will Raise Demand
• E-Commerce Growth and Rising Focus On Speedy Transport of Freight

Challenges:
• Designing a vehicle that is handled in all possible situations

Key Developments in the Market:
In August 2019, UPS Ventures made a minority investment in autonomous driving company TuSimple. Together, both companies are testing self-driving tractor-trailers on a route in Arizona to determine whether the vehicles can improve service and efficiency in the UPS® network. This is an extension of the ongoing commercial relationship between UPS and TuSimple in which UPS has purchased transportation services from TuSimple.
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Furthermore, the years considered for the study are as follows:
Historical year - 2017-2021
Base year - 2021
Forecast period** - 2022 to 2027 [** unless otherwise stated]

Highlighted of Global Autonomous Trucks Market Segments and Sub-Segment:

Market by Key Players: Daimler AG (Germany), Waymo (Alphabet) (United States), Tesla Inc. (United States), Embark (United States), TuSimple, Inc. (United States), MAN SE (Germany), Starsky Robotics (United States), AB Volvo (Sweden), DAF (Paccar) (United States), Scania (Sweden)

Market by: by Type (Semi-Autonomous, Fully-Autonomous), Application (Commercial, Military, Industrial), Components (Hardware, Software), Truck Type (Light Trucks, Medium Trucks, Heavy Trucks, Very Heavy Trucks)

Regional Analysis for Worldwide Autonomous Trucks Market:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

The study is a source of reliable data on: Market segments and sub-segments, Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological innovations Value chain and investor analysis.

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Key Growths in the Market: This section of the report incorporates the essential enhancements of the marker that contains assertions, coordinated efforts, R&D, new item dispatch, joint ventures, and associations of leading participants working in the market.

Key Points in the Market: The key features of this Autonomous Trucks market report includes production, production rate, revenue, price, cost, market share, capacity, capacity utilization rate, import/export, supply/demand, and gross margin. Key market dynamics plus market segments and sub-segments are covered.

There are 15 Chapters to display the Worldwide Autonomous Trucks Market
Chapter 1, Overview to describe Definition, Specifications and Classification of Worldwide Autonomous Trucks market, Applications, Market Segment by Types;
Chapter 2, objective of the study.
Chapter 3, Research methodology, measures, assumptions and analytical tools
Chapter 4 and 5, Worldwide Autonomous Trucks Market Trend Analysis, Drivers, Challenges by consumer behaviour, Marketing Channels, Value Chain Analysis
Chapter 6 and 7, to show the Worldwide Autonomous Trucks Market Analysis, segmentation analysis, characteristics;
Chapter 8 and 9, to show Five forces (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 10, to identify major decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, about competition landscape (classification and Market Ranking)
Chapter 13, deals with Worldwide Autonomous Trucks Market sales channel, research findings and conclusion, appendix and data source.

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