Worldwide Semi-autonomous and Autonomous Truck Market Analysis to 2027 is a specialized and in-depth study of the Semi-autonomous and Autonomous Truck Industry with a focus on the global market trend. The report aims to provide an overview of global Semi-autonomous and Autonomous Truck Market with detailed market segmentation by product/application and geography. The global Semi-autonomous and Autonomous Truck Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Semi-autonomous and Autonomous Truck players and offers key trends and opportunities in the market.
The semi-autonomous and autonomous truck are increasingly gaining momentum among the trucking and freight transport vertical. These trucks are equipped with various ADAS features and sensors that help in improving road safety while also meeting the need of driver shortage. The market is currently in the budding stage and thus has huge potential in the developed regions. Presence of major manufacturers in Europe is expected to positively influence the growth in the region during the forecast period.
The semi-autonomous and autonomous truck market is anticipated to grow in the forecast period owing to driving factors such as developments in the field of autonomous navigation coupled with the increasing polarity of such solutions. Furthermore, an increase in road safety is yet another factor fuelling market growth. However, data security and cyber-attacks may hamper the growth of the semi-autonomous and autonomous truck market during the forecast period. Nevertheless, the advent of connected vehicles and 5G is likely to create growth prospects for market players in the future.
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The global semi-autonomous and autonomous truck market is segmented on the basis of ADAS feature, propulsion type, and sensor type. Based on ADAS feature, the market is segmented as autonomous emergency braking, adaptive cruise control, traffic jam assist, highway pilot, and others. On the basis of the propulsion type, the market is segmented as electric, hybrid, and diesel. The market on the basis of the sensor type is classified as camera, Li-DAR, radar, and ultrasonic.
Top Dominating Key Players:
- AB Volvo
- Continental AG
- Daimler AG
- Denso Corporation
- NVIDIA Corporation
- PACCAR Inc
- TomTom International BV
- Waymo LLC
- ZF Friedrichshafen AG
The reports cover key developments in the semi-autonomous and autonomous truck market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from semi-autonomous and autonomous truck market are anticipated to lucrative growth opportunities in the future with the rising demand for semi-autonomous and autonomous truck in the global market. Below mentioned is the list of few companies engaged in the semi-autonomous and autonomous truck market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global semi-autonomous and autonomous truck market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The semi-autonomous and autonomous truck market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting semi-autonomous and autonomous truck market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the semi-autonomous and autonomous truck market in these regions.
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Reasons to Buy the Report:
- Learn about the driving factors, affecting the market growth.
- Imbibe the advancements and progress in the market during the forecast period.
- Understand where the market opportunities lies.
- Compare and evaluate various options affecting the market.
- Pick up on the leading market players within the market.
- Envision the restrictions and restrains that are likely to hamper the market.
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