Autonomous Trucks Market growing at 15.6% CAGR during 2019 to 2023, according to “Autonomous Trucks Market 2019 Global Industry Analysis Research Report”, 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) region with forecast to 2023.
Global Autonomous Trucks Market Forecast Highlights:
Influential companies are getting involved in the autonomous trucks market by implementing several strategic moves that include merger, acquisition, product launch, and others. MRFR, while discussing the global market in detail, enlisted companies like 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. Their profiling helps in understanding of the shaping of the trends and the market routes that are expected to enrich market prospects.
Get Free Sample Copy of “Autonomous Trucks Market Research Report – Forecast to 2023” at: https://www.marketresearchfuture.com/sample_request/6126
Autonomous trucks are gaining ground owing to their ability to navigate around without any type of human inputs. The type becomes a savior when the market faces serious crunch in efficient drivers. It works by putting its trust into satellites, guided systems and ground sensors. Market Research Future published a research report on global autonomous trucks market. The autonomous trucks market is expected to witness 15.6% CAGR during the period, 2019 to 2023.
The broadening scope of operation of logistics companies has raised the demand for autonomous trucks globally, as the logistics operation form an important part of business transactions. The developments witnessed in guided systems, satellites and ground sensors are increasing the demand for autonomous trucks as the incorporation of these technologies is improving the performance of the trucks. The market is expected to capture significant growth advantages in the forecast period owing to mounting volumes of shipment globally.
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, as much as autonomous trucks spark opportunities, they raise concern too. The rise of autonomous trucks could lead to the loss of jobs of many people, especially those are underqualified for superior jobs. Autonomous trucks are based on advanced satellite-based servers and software systems which can be hacked and result in severe damage. Increased requirement for fuel efficiency and stringent regulations pertaining to bad fuel emission also remain hurdles to the growth of the market.
Autonomous Trucks 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.
Autonomous Trucks Market Regional Analysis:
The regional analysis of the market for autonomous trucks comprises of regions such as North America, Europe, Asia Pacific, and Rest of the World.
The North American region is anticipated to control the growth of the market amongst all the regions during the forecast period trailed by the European region. The increased rate of technology implementation, the amplified volume of foreign tonnage, and the incidence of chief autonomous trucks producers, such as Embark trucks and Uber Technologies are anticipated to push the progress of the region through the forecast period. The availability of contemporary infrastructure facilities and the sharp uptick in demand for automobiles are further driving the market.
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.
Table Of Content
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
6 GLOBAL AUTONOMOUS TRUCKS MARKET, BY SENSOR TYPE
6.1 INTRODUCTION
6.2 LIDAR
6.2.1 MARKET ESTIMATES & FORECAST, 2018-2023
6.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023
6.3 IMAGE
6.3.1 MARKET ESTIMATES & FORECAST, 2018-2023
6.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023
6.4 RADAR
6.4.1 MARKET ESTIMATES & FORECAST, 2018-2023
6.4.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023
6.5 ULTRASONIC
6.5.1 MARKET ESTIMATES & FORECAST, 2018-2023
6.5.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023
6.6 OTHERS
6.6.1 MARKET ESTIMATES & FORECAST, 2018-2023
6.6.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023
6.7 OTHERS
6.7.1 MARKET ESTIMATES & FORECAST, 2018-2023
6.7.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023
7 GLOBAL AUTONOMOUS TRUCKS MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
7.2 SEMI-AUTOMATED TRUCKS
7.2.1 MARKET ESTIMATES & FORECAST, 2018-2023
7.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023
7.3 FULLY AUTOMATED TRUCKS
7.3.1 MARKET ESTIMATES & FORECAST, 2018-2023
7.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023
8 GLOBAL AUTONOMOUS TRUCKS MARKET, BY REGION
Continued…
List of Tables:
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
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
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 (%)
FIGURE 11 GLOBAL AUTONOMOUS TRUCKS MARKET, BY SENSOR TYPE, 2015-2023 (USD MILLION)
FIGURE 12 GLOBAL AUTONOMOUS TRUCKS MARKET SHARE, BY TECHNOLOGY, 2016 (%)
Continued…
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Info:
Organization: Market Research Future
Email: sales@marketresearchfuture.com
Address: Market Research Future Office No. 528,
Amanora Chambers Magarpatta, Road, Pune, India.,
Phone: +1 646 845 9312
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/autonomous-trucks-market-6126