Press release
Autonomous Truck Market to reach USD 7.37 Bn by 2029, emerging at a CAGR of 17 percent and forecast 2023-2029
Autonomous Truck Market
The report is based on meticulous research, utilizing real numbers and outputs from key players globally. The analysis considers market trends over the past five years and addresses the unique circumstances of 2022, marked by the global impact of lockdowns.
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Autonomous Truck Market Dynamics:
Factors propelling the global autonomous truck market include increased awareness of advanced technologies, rising disposable incomes, and infrastructure development in non-industrial nations. However, challenges such as the high cost of autonomous trucks, maintenance expenses, lack of infrastructure in developing countries, and disruptions caused by the pandemic are expected to impede market growth.
Autonomous Truck Market Regional Insights:
Asia Pacific: Holding the largest market share at 48.6% in 2022, the region is anticipated to be a rapid adopter of autonomous truck technology, driven by its status as the leading global truck manufacturer and a focus on road safety.
North America: Projected to witness significant growth at a CAGR of 15%, the region is home to major technology developers like Waymo, Uber, Intel, and Embark, actively advancing autonomous technology.
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Autonomous Truck Market Segmentation:
by Sensors
Ultrasonic
Camera
LiDAR
Radar
by Vehicle type
Light duty vehicle
Heavy duty vehicle
Autonomous Truck Market Key Players:
1. AB Volvo
2. Uber Technologies Inc.
3. Daimler AG
4. Denso
5. Ford Motor Co.
6. Tesla Inc.
7. Aptiv
8. BMW AG
9. Paccar
10. IVICO
11. Robert Bosch
12. MAN
13. DAF
14. Scania
15. Waymo
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Table of content for the Autonomous Truck Market includes:
Global Autonomous Truck Market: Research Methodology
Global Autonomous Truck Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Autonomous Truck Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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