Global Semi-Autonomous & Autonomous Truck Market Size, Share, Forecast Report, 2020-2027

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The report provides rational insights along with historical and forecast data to aid in better understanding of the Global Semi-Autonomous & Autonomous Truck Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of the Semi-Autonomous & Autonomous Truck market. This study also provides a detailed overview of the opportunities along with the current trends observed in the target market.

The global semi-autonomous truck market size is projected to reach 3,254 thousand units by 2025, from an estimated 948 thousand units in 2020, at a CAGR of 28.0%. The global autonomous truck market size is projected to reach USD 1,550 million by 2030, from USD 460 million in 2024, at a CAGR of 22.4%. Factors such as a rise in road accidents, shortage of drivers, government regulations regarding safety features, companies eyeing a reduction in delivery & transportation cost, and the increasing need for efficient yet feature-rich modern trucks to drive the semi-autonomous and autonomous trucks.

The report covers major players operating in the market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities. Key players of the global Semi-Autonomous & Autonomous Truck market are included as given below:

AB Volvo (Sweden)

Robert Bosch (Germany)

Continental AG (Germany)

Denso (Japan)

Aptiv (UK)

Daimler (Germany)

Paccar (US)

Nvidia (US)

The global Semi-Autonomous & Autonomous Truck market has been segmented as below:

Based on propulsion type:

Diesel

Electric

Hybrid

Based on the level of automation:

Level 1

Level 2 & Level 3

Level 4

Level 5

Based on the application:

Last-mile delivery truck

Mining Truck

Based on the ADAS feature:

ACC

AEB

BSD

LKA

IPA

TJA

HP

Based on the sensor:

Ultrasonic

Camera

LiDAR

Radar

Based on truck class:

Class 1- Class 3

Class 4- Class 6

Class 7- Class 8

Based on the region:

Asia Pacific

China

India

Japan

South Korea

North America

US

Canada

Mexico

Europe

France

Germany

Italy

Spain

United Kingdom

Rest of the World

Russia

Brazil

Reasons to Purchase this Report:

Estimates Semi-Autonomous & Autonomous Truck development trends with SWOT analysis

� Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players

� Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market's expansion

� Market dynamics scenario, along with growth opportunities for players in the years to come

� Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the mentioned forecast period

� Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects