Global Autonomous Trucks Market Anticipated to Expand at a CAGR of +39% by 2024


Posted July 17, 2018 by Steveblade

According to Goldstein Research, a global autonomous trucks market is expected to grow at a CAGR of more than 39% during the forecast period 2016-2024

 
According to Goldstein Research, a 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 favorable 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).

Global autonomous trucks market is majorly driven by North America on the back of the largest market for autonomous vehicles that will propel the sales of autonomous trucks in the region post-2020. North America is expected to be closely followed by Western Europe by approximately 3 million unit sales of autonomous vehicles by 2035.

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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
o Applications
o Operating systems
• Hardware
o Cameras
o GPS systems
o Communication Systems
o 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, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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“Global Autonomous Trucks Market Outlook 2024” contains the detailed overview of the global autonomous trucks market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by technology type, and components.

Further, for the in-depth analysis, Global Autonomous Trucks Market 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 research report also includes competitive outlook of some of the major players profiling of companies such as AB 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 a 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.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on automotive industry research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Contact for more Info:
Steve Blade
(Global Sales Head)
USA: + 1-646-568-7747
Canada: 1-437-886-1181
UK: +44-203-318-6627
[email protected]
www.goldsteinresearch.com

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Tags autonomous trucks market , autonomous trucks market demand , autonomous trucks market forecast , autonomous trucks market trends
Last Updated July 17, 2018