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

Posted July 2, 2018 by Steveblade

According to Goldstein Research, Global autonomous trucks market is anticipated to grow at a CAGR of +39% over the forecast period 2016-2024

According to Goldstein Research, Global autonomous trucks market is anticipated to grow at a CAGR of +39% over the forecast period 2016-2024. By 2020, the autonomous vehicles are anticipated to be deployed on the roads. Once deployed it is projected to witness more than 600,000 unit sales of autonomous vehicles. Major driving factor for global autonomous trucks market is rapidly growing investments and R&D activities by automotive companies and favorable government policies for faster development and deployment of autonomous vehicles. However, one challenge in global autonomous trucks market is data security and privacy concerns. Autonomous trucks market segmentation has been done on the basis of technology type, components and geography.

Global autonomous trucks market segmentation based on technology, driver assistance and semi-autonomous trucks are expected to dominate the autonomous/self-driving trucks market across the globe in coming years. Autonomous trucks market is anticipated to be dominated by North America as deployment of self-driving cars in the U.S. will begin with several thousand autonomous vehicles in 2020, which is expected to grow nearly 4.5 million vehicles by 2035.

Moreover, Western Europe with a little more than 3 million autonomous vehicles expected to be sold in 2035.

Download Exclusive Sample Report:

Market Segmentation

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

By Technology Type

o Driver Assistance
o Semi Automation
o High Automation
o Full Automation

By Components

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

Based on Region

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

Browse Full Report:

“Autonomous Trucks Market Outlook 2024” contains a detailed overview of the global autonomous trucks market. On the basis of our in-depth analysis, 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 technology and end-user 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 industry analysis 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.

Objective of Report:

To analyze and forecast market size of autonomous trucks market.
To calculate the expected growth rate of autonomous trucks market.
To classify and forecast autonomous trucks market based on technology type, components and geography.

To identify market key players, driving factors, & trends of autonomous trucks market with the help of SWOT Analysis.

To identify and analyze the profiles of leading players involved in the manufacturing and supplying of autonomous trucks market.
To identify market opportunities for the existing and entry level players.

Overall, the report represents the global autonomous trucks market trends along with 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 trends reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in 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]

Browse Similar Report: Electric Forklift Truck Market
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Goldstein Research
Website Autonomous Trucks Market
Phone +1-646-568-7747
Business Address 99 Wall Street ,Suite No- 527, New York, NY 10005
Country United States
Categories Automotive
Tags autonomous trucks market , autonomous trucks market size , autonomous trucks market trends , autonomous trucks market demand
Last Updated July 2, 2018