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Autonomous Trucks Market 2019 Global Industry Analysis To 2023, is latest report on Global Autonomous Trucks Industry, published by Market Research Future. Global Autonomous Trucks Market Information by Components (Hardware and Software), Sensor Type (LiDAR, Image, Radar, Ultrasonic and Others), Technology (Semi-Automated Trucks and Fully Automated Trucks), and Region – Forecast till 2023.Major Autonomous Trucks Companies covered in the market report include Delphi Automotive PLC (Ireland), Robert Bosch GmbH (Germany), Google Inc (U.S.), Tesla Inc. (U.S.), Uber Technologies Inc. (U.S.), Embark Trucks (U.S.), Volkswagen AG (Germany), and others.
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Global Market Highlights:
Global Autonomous Trucks market has seen remarkable growth; expected to rise at a CAGR of 15.6%. Demand for Minimalizing Error to Ensure Better Scope for Autonomous Trucks Market. Autonomous trucks are gaining ground owing to their ability to navigate around without any type of human inputs.
Autonomous Trucks refers to a vehicle that is useful for maintaining balance and effective driving efforts without human inputs. The driving is computerized based or handled with software systems, which can improvise the machine efforts with minimum time and manpower.
The possible factors are the growing demand for eliminating errors in service, providing uninterrupted service to customers, rising driver cost, better economic growth, and high inclusion of such trucks in the system to improve supply chain. However, fuel efficiency and strict government regulations regarding safety can trouble the normal growth rate. The development of new and advanced software technologies with automated handling system is a major factor driving the market. Suspension manufacturers are working towards the development of new technologies with the objective to remain competitive in the market.
Segmentation:
The global autonomous trucks market, based on MRFR’s discussion, is segmented by components, sensor type, and technology. The segmentation aims at getting a bit deep into the market to get a clear picture of the market by studying it well by taking volume-wise and value-wise figures into consideration.
Based on the components, the global autonomous trucks market can be segmented into hardware and software. The software segment is getting much prominence due to the integration of sophisticated technology. Inclusion of the IoT is presenting much scope for the segment percolation.
Based on the sensor type, the global autonomous trucks market can be segmented into LiDAR, image, radar, ultrasonic and others. The LiDAR segment is getting much traction due to the inclusion of sensors to ensure a smooth autonomous service.
Based on the technology, the global autonomous trucks market integrates semi-automated trucks and fully automated trucks. The market is yet to go fully automated owing to safety measures needed for smooth operation.
Regional Analysis:
Region-specific understanding of the global autonomous trucks market, as per the report published by Market Research Future (MRFR), spans across such as North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW). The segmentation aims at bringing together figures that would help in getting a comprehensive picture of the entire market. This study relies much on the unraveling of demographic challenges.
North America has the market dominance owing to superior infrastructural capacities, integration of latest technological models, high investment for both inclusion of latest products in the system and research and development, government and private endeavors to take the market forward, and increased volume of foreign tonnage. Other than these factors, the presence of several market titans can be considered impacting as the revenues are growing and opportunities are getting better. The U.S. in this region is leading the global charge with significant market coverage. Major autonomous trucks manufacturers, such as Uber Technologies and Embark trucks can improve the chances for the market percolation.
Europe is advancing at a noteworthy pace and its coming years are expected to get marked by easy access to modern infrastructure facilities and a spurt in the demand for automobiles. The APAC is also expected to garner much prominence as it boasts of quite a few developing nations who are turning into popular destinations for the market players.
The report for Global Autonomous Trucks Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.
Table Of Contents
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
5 GLOBAL AUTONOMOUS TRUCKS MARKET, BY COMPONENT
5.1 INTRODUCTION
5.2 HARDWARE
5.2.1 MARKET ESTIMATES & FORECAST, 2018-2023
5.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023
5.3 SOFTWARE
5.3.1 MARKET ESTIMATES & FORECAST, 2018-2023
5.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023
Continued…
List of Tables:
Table 1 Global Autonomous Trucks Market: By Region, 2017-2023
Table 2 North America Autonomous Trucks Market: By Country, 2017-2023
Table 3 Europe Autonomous Trucks Market: By Country, 2017-2023
Table 4 Asia Pacific Autonomous Trucks Market: By Country, 2017-2023
Continued…
List of Figures:
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top-Down & Bottom-Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter's Five Forces Analysis
FIGURE 7 Value Chain Analysis
Continued…
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