Semi-autonomous & Autonomous Truck Market - Opportunities in Future with Different Segments

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Semi-autonomous Autonomous Truck Market worth
81.8 Thousand Units by 2030
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Semi-autonomous Autonomous Truck Market by ADAS
Feature (ACC, AEB, BSD, HP, IPA, LKA TJA),
Sensor (Camera, LiDAR, Radar, Ultrasonic),
Level of Automation (L1 to L5), Truck Class
(Class 1 to Class 8), Propulsion, and Region -
Global Forecast to 2030 The global
semi-autonomous truck market is estimated to be
260.1 thousand units in 2018 and is projected to
grow at a CAGR of 23.38, to reach 1,132.3
Thousand Units by 2025. The global autonomous
truck market is estimated to be 15.2 Thousand
Units in 2025 and is projected to grow at a CAGR
of 39.96, to reach 81.8 Thousand Units by
2030.  PDF Brochure https//www.marketsandmark
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Radar segment to hold the largest share in the
semi-autonomous and autonomous truck market, by
sensor type The radar segment is projected to
account for the largest share in the global
semi-autonomous truck market in 2025. Radar
technology helps to detect and track objects at a
certain distance. The market for LIDAR
technology, which can detect an object and create
a three-dimensional image, is estimated to grow
at the highest CAGR during the forecast period
for autonomous truck. The LIDAR technology is an
essential solution for the development of
autonomous vehicles in the future.
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Increasing number of accidents and concerns about
safety and security are expected to drive the
growth of level 2 and level 3 semi-autonomous
trucks The level 2 and level 3 automation is
expected to grow at a higher CAGR than level 1
automation. The growth of level 2 and level 3
automation can be attributed to the increasing
demand for highly secure and safe transportation
and government norms in the emerging economies.
Level 2 and level 3 semi-autonomous trucks have
highly advanced driver assistance features that
will help to increase road safety and truck
security. The demand is expected to increase in
developed as well as developing countries such as
the US, Germany, China, and Japan, where key
truck manufacturers are located. Request Sample
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North America Leading the semi-autonomous
and autonomous truck market North America is
projected to account for the largest share, in
terms of volume, of the semi-autonomous and
autonomous truck market in 2025 and 2030,
respectively. Truck production volumes in the
region have increased over the years, with OEMs
catering not only to the domestic demand but also
to overseas demand. The semi-autonomous and
autonomous truck market is dominated by a few
globally established players such as Bosch
(Germany), Continental (Germany), Aptiv (UK), ZF
(Germany), and Denso (Japan). Moreover,
technology developers such as Uber (US), Waymo
(US), and TuSimple are providing momentum to the
growth of the market.
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Market Ecosystem The ecosystem of the
semi-autonomous autonomous truck market
consists of truck manufacturers such as
Volkswagen (Germany), Daimler (Germany),
Continental (Germany), Denso (Japan), and others.
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Browse gtgt 77 market data
tables 118 figures
239 pages and in-depth TOC on
Semi-autonomous Autonomous Truck Market
- Global Forecast to 2030 Early buyers will
receive 10 customization on this report. This
is a Premium Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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