Autonomous Trucks Market by Components (Hardware and Software), Sensor Type (LiDAR, Image, Radar, Ultrasonic and Others), Technology (Semi-Automated Trucks and Fully Automated Trucks), and by Region From 2019 to 2023.
— Autonomous Trucks Market 2019: Global Industry Forecast To 2023 Research Report. According to this report Global Autonomous Trucks Market to rise at 15.6% CAGR by 2023. This Autonomous Trucks Industry Growth Is attributed to factors such as, shortage of trucks drivers and increased supply of goods and materials to various end sources.
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Automotive Thermal Management System Industry Key Players Studied in Report: MW AG (Germany), AB Volvo (Sweden), Ford Motor Co. (U.S.), General Motor Company (U.S.), Robert Bosch GmbH (Germany), Delphi Automotive PLC (Ireland), Google Inc (U.S.), Uber Technologies Inc. (U.S.), Tesla Inc. (U.S.), Volkswagen AG (Germany), Embark Trucks (U.S.).
Global Automotive Thermal Management System Market Highlights:
The autonomous truck is a commercially used vehicle that relies on different techniques that enable it to sense the surrounding and to navigate without any human input. Autonomous trucks majorly rely on satellites, guided systems and ground sensors. These systems identify obstacles and relevant signage to give proper navigation to the trucks for running without damage. According to American Truck Association, there had been a shortage of 36,500 drivers in the year 2016, which has increased to 50,000 by the end of 2017. In the year 2017, around 71% of the freight tonnage had been transported through trucks in America
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. Autonomous Trucks are operated mainly with the help of sensors, such as LiDAR, image and radar. 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. Automakers are working towards the development of fuel-efficient autonomous trucks for eliminating the excessive fuel cost and environmental fuel polluting gases. However, this market is expected to be challenged by the safety of software systems and major developments toward the prevention of hacking of such software systems.
The scope of the study segments the global autonomous trucks market by components, sensor type, technology and regions.
By Sensor Type:
Fully Automated Trucks
In terms of region, the global market for autonomous trucks is segmented into North America, Europe, Asia Pacific, and Rest of the World. North America is anticipated to hold the major market revenue share over the forecast period followed by Europe and Asia Pacific. As per the American Trucks Association, Trucks carry 70% of the total goods shipped around the U.S. Also, there had been a shortage of 50,000 drivers in the year 2017, which is expected to increase to 175,000 by the end of 2024. This will enhance the growth of autonomous trucks because the technology is computer-controlled and not driver-controlled. Autonomous trucks are not subjected to rules and can extend their working more than human working hours.
Asia Pacific market is expected to expand at a high CAGR throughout the forecast period due to low labor cost for the production plant and increased effort towards ease of operating in the countries such as China, Singapore, Japan and India. The great demand of logistic services in China and Singapore and the government backing for the advanced technology and fewer regulatory hurdles will boost the growth of the Asia Pacific autonomous trucks market.
Key questions answered by the report:
Which applications/segments provides the maximum Automotive Thermal Management System Market growth opportunity?
What are the emerging technologies and how it would disrupt the market?
Who are the key players dominating the market, followed by other prominent vendors and strategies adopted by them?
What was the Automotive Thermal Management System Market size and what would be the forecast in next few years?
Regional and country attractiveness: mid to long term outlook?
Automotive Thermal Management System Market dynamics including trends, opportunities, drivers, challenges and how this would impact the market eco-system?
TABLE OF CONTENTS:
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.2 RESEARCH OBJECTIVE
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
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
5 GLOBAL AUTONOMOUS TRUCKS MARKET, BY COMPONENT
5.2.1 MARKET ESTIMATES & FORECAST, 2018-2023
5.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023
5.3.1 MARKET ESTIMATES & FORECAST, 2018-2023
5.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023
List Of Figures:
TABLE 1 GLOBAL AUTONOMOUS TRUCKS MARKET: BY REGION, 2018-2023
TABLE 2 NORTH AMERICA AUTONOMOUS TRUCKS MARKET: BY COUNTRY, 2018-2023
TABLE 3 EUROPE AUTONOMOUS TRUCKS MARKET: BY COUNTRY, 2018-2023
TABLE 4 ASIA PACIFIC AUTONOMOUS TRUCKS MARKET: BY COUNTRY, 2018-2023
TABLE 5 ROW AUTONOMOUS TRUCKS MARKET: BY COUNTRY, 2018-2023
TABLE 6 GLOBAL AUTONOMOUS TRUCKS MARKET, BY COMPONENT, BY REGIONS, 2018-2023
TABLE 7 NORTH AMERICA AUTONOMOUS TRUCKS MARKET, BY COMPONENT, BY COUNTRY, 2018-2023
TABLE 8 EUROPE AUTONOMOUS TRUCKS MARKET, BY COMPONENT, BY COUNTRY, 2018-2023
TABLE 9 ASIA PACIFIC AUTONOMOUS TRUCKS MARKET BY COMPONENT, BY COUNTRY, 2018-2023
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
FIGURE 8 GLOBAL AUTONOMOUS TRUCKS MARKET SHARE, BY COMPONENT, 2016 (%)
FIGURE 9 GLOBAL AUTONOMOUS TRUCKS MARKET, BY COMPONENT, 2015-2023 (USD MILLION)
FIGURE 10 GLOBAL AUTONOMOUS TRUCKS MARKET SHARE, BY SENSOR TYPE, 2016 (%)
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