Semi-autonomous & Autonomous Truck Market - Global Forecasts to 2030

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Jun 27, 2018, 09:15 ET

DUBLIN, June 27, 2018 /PRNewswire/ --

The "Semi-autonomous & Autonomous Truck Market by ADAS Feature (ACC, AEB, BSD, HP, IPA, LKA & TJA), Sensor (Camera, LiDAR, Radar, & Ultrasonic), Level of Automation (L1-L5), Truck Class (Class 1 to Class 8), Propulsion & Region - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

The semi-autonomous truck market is estimated to be 260.1 Thousand Units in 2018 and is projected to reach 1,132.3 Thousand Units by 2025, at a CAGR of 23.38%.

The autonomous truck market is estimated to be 15.2 thousand units in 2025 and is projected to reach 81.8 thousand units by 2030, at a CAGR of 39.96%.

The market growth is triggered by various factors such as the need for ease in driving and the increasing concerns of safety and security, which have led to the development of high-end technology and safety systems. Moreover, the increasing concern of truck driver shortage in many countries such as the US and Japan can be addressed with the help of semi-autonomous and autonomous trucks for goods transportation. Truck platooning using semi-autonomous and autonomous trucks can further improve efficiency and productivity and reduce CO2 emission.

The semi-autonomous truck market has been segmented, by ADAS features, into Adaptive Cruise Control, Lane Assist, Intelligent Park Assist, Traffic Jam Assist, Autonomous Emergency Braking, Blind Spot Detection, and Highway Pilot. Automaticmergency Braking and Adaptive Cruise Control are estimated to hold the largest market share between 2018 and 2025. In the US, automatic emergency braking systems are expected to be standard in vehicles by 2022 according to the National Highway Traffic Safety Administration (NHTSA). The market for Blind Spot Detection would grow at the highest CAGR to increase road safety and decrease the number of accidents due to human errors.

By sensor, the semi-autonomous and autonomous truck market has been segmented into radar, LIDAR, ultrasonic, and camera. The market for LIDAR is estimated to be the largest for the autonomous truck market as it can provide reliable data of truck surrounding. However, the major challenge in the adoption of LIDAR sensor in semi-autonomous trucks is its high cost. The Radar segment is expected to dominate the semi-autonomous truck market.

The European region is estimated to dominate the semi-autonomous truck market, in terms of volume, in 2018. The region comprises technologically advanced countries such as Germany, France, and others. Also, European truck manufacturers such as Daimler (Germany), Volkswagen (Germany), and Volvo (Sweden) are focusing on research and development activities to develop autonomous vehicles. North America is expected to dominate the autonomous truck market (volume) followed by Europe and the Asia Pacific. The region's key technology innovators such as Waymo (US), Uber (US), and Embark (US) are investing in R&D to test the autonomous vehicle technology.

Companies Covered

Bosch
Continental
Denso
Aptiv
ZF
NXP
Nvidia
Daimler
Qualcomm
Volvo
Paccar
Waymo
Intel
Tomtom
Samsung
Tusimple
Didi Chuxing
Scania
Siemens
Valeo
Infineon
Apple
Uber
Tesla
Texas Instruments
Kamaz
Yandex

Key Topics Covered

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Currency & Pricing
1.5 Package Size
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Autonomous Truck Market: Scenario Analysis
2.3 Secondary Data
2.4 Primary Data
2.5 Market Size Estimation
2.6 Market Breakdown and Data Triangulation
2.7 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Semi-Autonomous Truck Market
4.2 Semi-Autonomous Truck Market Share, By Region & Truck Class, 2025
4.3 Semi-Autonomous Truck Market, By Adas Features, 2018 vs 2025
4.4 Semi-Autonomous Truck Market, By Sensor, 2018 vs 2025
4.5 Semi-Autonomous Truck Market, By Level of Automation
4.6 Semi-Autonomous Truck Market, By Propulsion
4.7 Attractive Opportunities in the Autonomous Truck Market
4.8 Autonomous Truck Market Share, By Region, 2030
4.9 Autonomous Truck Market, By Sensor Type, 2025 vs 2030
4.10 Autonomous Truck Market, By Propulsion
4.11 Autonomous Truck Market, By Level of Automation

5 Market Overview
5.1 Introduction
5.2 Market Dynamics

6 Semi-Autonomous Truck Market, By ADAS Features
6.1 Introduction
6.2 Adaptive Cruise Control (ACC)
6.3 Automatic Emergency Braking (AEB)
6.4 Blind Spot Detection (BSD)
6.5 Intelligent Park Assist (IPA)
6.6 Lane Assist (LA)
6.7 Traffic Jam Assist (TJA)
6.8 Highway Pilot (HP)

7 Semi-Autonomous and Autonomous Truck Market, By Level of Automation
7.1 Introduction
7.2 Semi-Autonomous Truck Market, By Level of Automation
7.3 Autonomous Truck Market, By Level of Automation

8 Semi-Autonomous and Autonomous Truck Market, By Propulsion
8.1 Introduction
8.2 Semi-Autonomous Truck Market, By Propulsion
8.3 Autonomous Truck Market, By Propulsion

9 Semi-Autonomous and Autonomous Truck Market, By Sensor Type
9.1 Introduction
9.2 Semi-Autonomous Truck Market, By Sensor Type
9.3 Autonomous Truck Market, By Sensor Type

10 Semi-Autonomous Truck Market, By Truck Class
10.1 Introduction
10.2 Class 1-Class 3 (Light-Duty Truck)
10.3 Class 4-Class 6 (Medium-Duty Truck)
10.4 Class 7 & Class 8 (Heavy Duty Truck)

11 Semi-Autonomous Truck Market, By Region
11.1 Introduction
11.2 Asia Pacific
11.3 Europe
11.4 North America
11.5 Rest of the World

12 Autonomous Truck Market, By Region
12.1 Introduction
12.2 Asia Pacific
12.3 Europe
12.4 North America
12.5 Rest of the World

13 Competitive Landscape
13.1 Overview
13.2 Market Ranking Analysis
13.3 Competitive Scenario

14 Company Profiles
14.1 Key Players
14.1.1 Bosch
14.1.2 Continental
14.1.3 Denso
14.1.4 Aptiv
14.1.5 ZF
14.1.6 NXP
14.1.7 Nvidia
14.1.8 Daimler
14.1.9 Qualcomm
14.1.10 Volvo
14.1.11 Paccar
14.1.12 Waymo
14.1.13 Intel
14.1.14 Tomtom
14.2 Other Key Regional Players
14.2.1 Asia Pacific
14.2.1.1 Samsung
14.2.1.2 Tusimple
14.2.1.3 Didi Chuxing
14.2.2 Europe
14.2.2.1 Scania
14.2.2.2 Siemens
14.2.2.3 Valeo
14.2.2.4 Infineon
14.2.3 North America
14.2.3.1 Apple
14.2.3.2 Uber
14.2.3.3 Tesla
14.2.3.4 Texas Instruments
14.2.4 Rest of the World (RoW)
14.2.4.1 Kamaz
14.2.4.2 Yandex

For more information about this report visit https://www.researchandmarkets.com/research/84m7l8/semiautonomous?w=5

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