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According to a new market research report published by Credence Research “Global Autonomous trucks Market– Growth, Future Prospects and Competitive Analysis, 2019 - 2027”, the overall autonomous trucks market worldwide was valued at US$3.5 Bn in 2018 and is set to grow with a CAGR of 9.5% during the forecast period.Market Insights
The autonomous trucks are one of the major trends in the automotive and the logistics market. They help to reduce the transportations and logistics costs. It also improves safety and minimizes road accidents. The high demand for safety features coupled with the growing mortality rate caused by the road accordance is the key factor that drives the growth of autonomous trucks market. The growing awareness about the benefits offered by the autonomous trucks over the traditional trucks is anticipated to boost the growth of autonomous trucks market.
Several government organizations are taking initiative to adopt the autonomous trucks that are likely to fuel the growth of autonomous vehicles market. On the other hand, the data security concerns are expected to hamper the growth of autonomous trucks market. Furthermore, the growing research and development in automated mobility are projected to server various growth opportunities for the autonomous trucks market.
Browse the full report at https://www.credenceresearch.com/report/autonomous-trucks-market
The report of the autonomous truck market covers North America, Europe, Asia Pacific, and RoW. Among these regions, North America dominates the market with a revenue share of more than 42% across the globe. Increasing Investment by the government in adopting autonomous trucks across transport application is the primary factor that drives the growth of North America autonomous truck market. In addition, the safety and cost-effective benefits offered by the autonomous truck are promoting the growth of autonomous trucks in the region. Furthermore, Asia Pacific is set to grow with the highest CAGR over the forecast period. Rapidly growing automotive and the transport industries in the Asia Pacific region is accelerating the growth of Asia Pacific autonomous truck market.
Some of the prominent players operating in the autonomous trucks market include Volkswagen AG, Toyota Motor Corporation, Isuzu Motors Limited, Tesla, Inc, General Motors, AB Volvo, Continental AG, Daimler AG, and others.
Report Scope by Segments
By Sensor Technology Segment (2017–2027; US$ Bn)
Radar
Camera
LiDAR
Ultrasonic
By Level of Automation Segment (2017–2027; US$ Bn)
Level 1
Level 2
Level 3
Level 4
Level 5
By ADAS Features Segment (2017–2027; US$ Bn)
Adaptive Cruise Control (ACC)
Blind Spot Detection (BSD)
Lane Assist (LA)
Automatic Emergency Braking (AEB)
Highway Pilot (HP)
Others
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ToC:
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
..........
Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Autonomous Trucks Market Value, 2017 – 2027, (US$ Bn)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends
3.5 Attractive Investment Proposition, by Geography, 2018
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Autonomous Trucks Vendors, 2018
3.6.2 Key Strategies Adopted by the Leading Players
Chapter 4 Global Autonomous Trucks Market Analysis, by Sensor Technology, 2017 – 2027 (US$ Bn)
4.1 Overview
4.2 Radar
4.3 Camera
4.4 LiDAR
4.5 Ultrasonic
Chapter 5 Global Autonomous Trucks Market Analysis, by Level of Automation, 2017 – 2027 (US$ Bn)
5.1 Overview
5.2 Level 1
5.3 Level 2
5.4 Level 3
5.5 Level 4
5.6 Level 5
Chapter 6 Global Autonomous Trucks Market Analysis, by ADAS Features, 2017 – 2027 (US$ Bn)
6.1 Overview
6.2 Adaptive Cruise Control (ACC)
6.3 Blind Spot Detection (BSD)
6.4 Lane Assist (LA)
6.5 Automatic Emergency Braking (AEB)
6.6 Highway Pilot (HP)
6.7 Other ADAS Features
Chapter 7 North America Autonomous Trucks Market Analysis, 2017 – 2027 (US$ Bn)
.........
Chapter 8 Europe Autonomous Trucks Market Analysis, 2017 – 2027 (US$ Bn)
..........
Chapter 9 Asia Pacific Autonomous Trucks Market Analysis, 2017 – 2027 (US$ Bn)
...........
Chapter 10 Rest of the World (RoW) Autonomous Trucks Market Analysis, 2017 – 2027 (US$ Bn)
............
Chapter 11 Company Profiles
11.1 Toyota Motor Corporation
11.2 Volkswagen AG
11.3 Isuzu Motors Limited
11.4 General Motors Company
11.5 Tesla, Inc.
11.6 AB Volvo
11.7 Daimler AG
11.8 Continental AG
11.9 Other Companies
.................toc continues
Browse the full report at https://www.credenceresearch.com/report/autonomous-trucks-market
Request Free Sample Copy: https://www.credenceresearch.com/sample-request/59787
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Medium: Autonomous Trucks Market is growing with a CAGR of 9.5% during the forecast period
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