Semi-autonomous & Autonomous Truck Market by ADAS Technology (AEB, AHD), by Propulsion (Diesel, Electric), by Sensor Type (LiDAR), by Automation Level (Level 1), By Truck Type (Light Duty Truck), by Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) – Global Forecast 2020 to 2027

Semi-autonomous & Autonomous Truck Market Size, Share, Trends, Growth, Analysis, Research

Semi-autonomous & Autonomous Truck Market: Summary

The Global Semi-autonomous & Autonomous Truck Market is estimated to reach 1,705 (Thousand) Units by 2027 at a CAGR of 31.7 %, predicts forencis research (FSR).

The semi-autonomous and autonomous trucks can run without human interference and have the capability of driving themselves by using radars, artificial intelligence, and sensors but need human interference when they encounter a situation that they cannot handle. these trucks help to reduce congestion in traffic which leads to the efficient delivery of goods.

Semi-autonomous & Autonomous Truck Market

 

Semi-Autonomous & Autonomous Truck Market: Drivers & Restraints

Market Drivers:

  • Rising Awareness Towards Safety & Security

Safety is a prime requirement in the automotive sector. Any safety or security failures may result in severe injury or loss of life. Rising vehicle accidents worldwide is driving the demand for automotive safety & security. As per the World Health Organization (WHO), around 1.35 million people annually die due to road accidents. To overcome this situation, International Standards, International Organization for Standardization (ISO 26262), and Society of Automotive Engineers (SAE J3061), have come up with strict vehicle safety and security standards.

Hence rising awareness towards safety & security is expected to drive the semi-autonomous & autonomous truck market during the forecast period.

 

  • Growing Adoption of Electric & Hybrid Trucks

The development of innovative technologies by manufacturers is an outcome of the growing demand for luxurious and smart vehicles that provides better connectivity solutions. The rise in demand for electric and hybrid trucks has boosted the demand for semi-autonomous & autonomous trucks, owing to clean energy and less fuel consumption. According to data shared by the International Energy Agency (IEA), in 2018, the total sales of medium electric truck sales ranged from 1000-2000 units.

Thus, the growing adoption of electric & hybrid trucks has expected to drive the semi-autonomous & autonomous truck market during the forecast period.

 

Market Restraints:

  • Cyber Security Issue

Automated vehicles have full control over all the functions as the information is gathered completely from on-board sensors without any active communication with other vehicles or infrastructure. Owing to this, semi-autonomous and autonomous vehicles are susceptible to cyber-attacks. Lack of information security can lead to terrorist and criminal activities result in higher loss. Hence, due to ongoing cyber threats can hamper the market growth of the semi-autonomous & autonomous truck market.

 

Semi-Autonomous & Autonomous Truck Market: Key Segments

  • Based on ADAS Technology: Automated Emergency Braking (AEB), Automated Highway Driving (AHD), Lane Detection (LD), Automated Parking (AP), Blind Spot Detection (BSD), Adaptive Cruise Control (ACC), and
  • Based on Propulsion: Diesel, Electric and
  • Based on Sensor Type: LiDAR Sensor, Ultrasonic Sensor, Radar, Cameras, and
  • Based on Automation Level: Level 1 – Driver Assistance, Level 2 – Partial Automation, Level 3 – Conditional Automation, Level 4 – High Automation and Level 5 – Full Automation.
  • Based on Truck Type: Light Duty Truck, Medium Duty Truck, and Heavy Duty Truck.
  • Key Regions Covered: North America, South America, Europe, Asia-Pacific, Middle East & Africa, and South America with individual country-level analysis. 

Semi-Autonomous & Autonomous Truck Market: Report Scope

The report on the Semi-autonomous & Autonomous Truck Market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

 

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2018-2027

Base Year for Market Calculation

2019

Forecasted Period

2020-2027 (2020 estimated year, forecasted up to 2027)

Measured Units

Volume (Units)

Segments Included

ADAS Technology, Propulsion, Sensor Type, Automation Level, Truck Type, and Region

Regional Coverage

Asia-Pacific, North America, Europe, Middle East & Africa, and South America

 

Key Companies Covered

  • Robert Bosch GmbH (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Continental AG
  • DENSO CORPORATION
  • ZF Friedrichshafen AG
  • Daimler AG
  • AB Volvo
  • NVIDIA Corporation
  • Tesla
  • NXP Semiconductors
  • Qualcomm Technologies, Inc.
  • Others

Semi-autonomous & Autonomous Truck Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Semi-autonomous & Autonomous Truck Market, by ADAS Technology

  • Automated Emergency Braking (AEB)
  • Automated Highway Driving (AHD)
  • Lane Detection (LD)
  • Automated Parking (AP)
  • Blind Spot Detection (BSD)
  • Adaptive Cruise Control (ACC)
  • Others

Semi-autonomous & Autonomous Truck Market, by Propulsion

  • Diesel
  • Electric
  • Hybrid

Semi-autonomous & Autonomous Truck Market, by Sensor Type

  • LiDAR Sensor
  • Ultrasonic Sensor
  • Radar
  • Cameras
  • Others

Semi-autonomous & Autonomous Truck Market, by Automation Level

  • Level 1 – Driver Assistance
  • Level 2 – Partial Automation
  • Level 3 – Conditional Automation
  • Level 4 – High Automation
  • Level 5 – Full Automation

Semi-autonomous & Autonomous Truck Market, by Truck Type

  • Light Duty Truck
  • Medium-Duty Truck
  • Heavy Duty Truck

 

Semi-autonomous & Autonomous Truck Market, by Region

  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Norway
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

 

Key Questions answered by the report

  • What are the major developments impacting the global market and its growth?
  • What will be the effects of the developments in the global market on the industry and the market players in the near and far future?
  • What are the evolving types of the global market?
  • What are the evolving applications of the global market?
  • What are the major characteristics that will affect the global market growth during the study period?
  • Who are the key global players operating in the market?
  • How are the major players leveraging in the existing global market conditions?

Report Audience

  • Semi-autonomous & Autonomous Truck Market Providers
  • Semi-autonomous & Autonomous Truck Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Semi-autonomous & Autonomous Truck Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE SEMI-AUTONOMOUS & AUTONOMOUS TRUCK MARKET STUDY

1      INTRODUCTION

1.1       Research Objectives

1.2       Market Definition

1.3       Research Scope

1.4       Regional Coverage

1.5       Research Timeline

1.6       Assumptions

1.7       Limitations

2      RESEARCH DESIGN & SCOPE

2.1       Introduction

2.2       Primary Research

                                  2.2.1    Key Industry Expert Insight

2.3       Secondary Research

                                  2.3.1    Vital Data from Secondary Sources

2.4       Market Size Estimation

2.5       Data Validation & Triangulation

3      EXECUTIVE SUMMARY

4      MARKET DYNAMICS

4.1       Introduction

4.2       Drivers

                                 4.2.1.    Rising Awareness Towards Safety & Security

                                 4.2.2.    Growing Adoption of Electric & Hybrid Trucks

4.3       Restraints

                                  4.3.1    Cyber Security Issue

4.4       Opportunities

                                  4.4.1    Rising Demand for Semi-Autonomous and Autonomous Truck Platooning

4.5       Challenges

                                  4.5.1    Stringent Regulatory Policy for Automated Vehicles

5      INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS     

5.1       Introduction

                                 5.1.1.    Power of Buyers

                                 5.1.2.    Power of Suppliers

                                 5.1.3.    Intensity of Competition

                                 5.1.4.    Challenges of Substitutes

                                 5.1.5.    Challenges of New Entrants

5.2       Macro-Economic Indicators

6      SEMI-AUTONOMOUS & AUTONOMOUS TRUCK MARKET BY ADAS TECHNOLOGY, Market Size in Units (2019—2027)

6.1       Introduction

6.2       Automated Emergency Braking (AEB)

6.3       Automated Highway Driving (AHD)

6.4       Lane Detection (LD)

6.5       Automated Parking (AP)

6.6       Blind Spot Detection (BSD)

6.7       Adaptive Cruise Control (ACC)

6.8       Others

7      SEMI-AUTONOMOUS & AUTONOMOUS TRUCK MARKET BY PROPULSION, Market Size in Units (2019—2027)

7.1       Introduction

7.2       Diesel

7.3       Electric

7.4       Hybrid

8      SEMI-AUTONOMOUS & AUTONOMOUS TRUCK MARKET BY SENSOR TYPE, Market Size in Units (2019—2027)

8.1       Introduction

8.2       LiDAR Sensor

8.3       Ultrasonic Sensor

8.4       Radar

8.5       Camera

8.6       Others

9      SEMI-AUTONOMOUS & AUTONOMOUS TRUCK MARKET BY AUTOMATION LEVEL, Market Size in Units (2019—2027)

9.1       Introduction

9.2       Level 1 – Driver Assistance

9.3       Level 2 – Partial Automation

9.4       Level 3 – Conditional Automation

9.5       Level 4 – High Automation

9.6       Level 5 – Full Automation

10   SEMI-AUTONOMOUS & AUTONOMOUS TRUCK MARKET BY TRUCK TYPE, Market Size in Units (2019—2027)

10.1     Introduction

10.2     Light Duty Truck

10.3     Medium Duty Truck

10.4     Heavy Duty Truck

11   SEMI-AUTONOMOUS & AUTONOMOUS TRUCK MARKET BY REGION, Market Size in Units (2019—2027)

11.1     North America

                                11.1.1    US

                                11.1.2    Canada

                                11.1.3    Mexico

11.2     Europe

                                11.2.1    Germany

                                11.2.2    UK

                                11.2.3    France

                                11.2.4    Italy

                                11.2.5    Spain

                                11.2.6    Norway

                                11.2.7    Rest of Europe

11.3     Asia-Pacific

                                11.3.1    China

                                11.3.2    India

                                11.3.3    Japan

                                11.3.4    South Korea

                                11.3.5    Rest of Asia-Pacific

11.4     Middle East & Africa

                                11.4.1    Saudi Arabia

                                11.4.2    UAE

                                11.4.3    Rest of Middle East & Africa

11.5     South America

                                11.5.1    Brazil

                                11.5.2    Argentina

                                11.5.3    Rest of South America

12   COMPETITIVE LANDSCAPE

12.1     Introduction

12.2     Market Ranking/Share Analysis of Key Companies

12.3     Company Benchmarking

13   COMPANY PROFILES

13.1     Robert Bosch GmbH

                                13.1.1    Company Overview

                                13.1.2    Financial Overview

                                13.1.3    Products/Solutions/Services Offered

                                13.1.4    Key Developments

                                13.1.5    SWOT Analysis

13.2     Continental AG

13.3     DENSO CORPORATION

13.4     ZF Friedrichshafen AG

13.5     Daimler AG

13.6     AB Volvo

13.7     NVIDIA Corporation

13.8     Tesla

13.9     NXP Semiconductors

13.10  Qualcomm Technologies, Inc.

13.11  Others

14   APPENDIX

14.1     Key Industry Expert Insights

14.2     Primary Discussion Guide

14.3   Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

 

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

Rep Id : AT 043

Published : February, 2020


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