Goldstein Market
Date of publication: 29 March 2019
Autonomous Trucks Market Buoyed by Huge Investments in R&D by various Automobile Companies
Global autonomous trucks market is majorly driven by North America on the back of the largest market for autonomous vehicles and is likely to be closely followed by Western Europe by approximately 3 million unit sales of autonomous vehicles by 2035.

According to Goldstein Research, global autonomous trucks market is expected to grow at a CAGR of more than 39% during the forecast period 2016-2024. Huge investments in the research and development by various automobile companies coupled with the government favourable policies towards autonomous vehicles are propelling the growth of autonomous trucks market globally.

Global autonomous trucks market segmentation has been carried out on the basis of technology type, components and geography. On the basis of technology, semi-automation and driver assistance technology segment is anticipated to fuel up the total market growth. Top market players such as Volvo and Daimler AG are continuously into R&D of successfully manufacturing semi-automation technology based trucks which are expected to be deployed in near future (by the year 2020).


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Market Segmentation

On the basis of our in-depth analysis, Global Autonomous Trucks Market can be segmented as follows:

By Technology

  • Driver Assistance
  • Semi-Automation
  • High Automation
  • Full Automation

By Components

  • Software
    • Applications
    • Operating systems
  • Hardware
    • Cameras
    • GPS systems
    • Communication Systems
    • Sensors
      • Radars
      • LIDARs
      • Wheel Speed Sensors
      • Ultrasonic
      • Others

By Region

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Asia Pacific (China, Jap
  • India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

Autonomous Trucks Market Report by Goldstein Research contains the detailed overview of the global autonomous trucks market. Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market analysis report also includes competitive outlook of some of the major players profiling of companies such as Volvo, Robert Bosch GmbH, Delphi Automotive PLC, Google Inc, Uber Technologies Inc., Tesla Inc., Volkswagen AG, Daimler AG, Einride, Embark, PACCAR Inc., etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global autonomous trucks market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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Key questions answered in this Global Autonomous Trucks Report

  • What is the Global Autonomous Trucks Market Size by 2024 and what would be the expected growth rate of the industry?
  • What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
  • What are the autonomous trucks market trends?
  • What are the factors which are driving this industry?
  • What are the major barriers to autonomous trucks industry growth?
  • Who are the key vendors in this industry space?
  • What are the industry opportunities for the existing and entry-level players?
  • What are the recent developments and business strategy of the key players?

For more reports related to automotive industry, visit: https://www.goldsteinresearch.com/industries/automotive

About Goldstein Research

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Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on automotive industry analysis report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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