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Autonomous Truck Market Share, Size, Trends, Industry Analysis Report By Level of Autonomy; By Sensor Type; By End-Use; By Region - Segment Forecast, 2020-2027

  • ID: 5261902
  • Report
  • August 2020
  • Region: Global
  • 107 pages
  • Polaris Market Research

FEATURED COMPANIES

  • AB Volvo
  • BMW AG
  • Delphi Automotive PLC
  • Embark Trucks
  • Ford Motor Co.
  • General Motor Company
The global autonomous truck market size is expected to reach USD 2.14 Billion by 2027, according to the study.

The report “Autonomous Truck Market Share, Size, Trends, Industry Analysis Report By Level of Autonomy (Level1, Level2, Level3, Level4, Level5); By Sensor Type (Radar, LiDAR, Camera, Ultrasonic); By End-Use (Logistics, Construction & Manufacturing, Mining, Port); By Region-Segment Forecast, 2020-2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

A rapid growth has been seen in the shipment of autonomous vehicles in the recent past, which has significantly encouraged truck manufacturers or new entrants in the market to invest in this novel technology. An increase in labor costs will create possibilities for self-driving Truck that use methods that reduce errors and risks with minimized human input, especially in emerging markets. Moreover, shifting production capacities to developing countries and improving economic conditions would result in the growth of the Autonomous Truck market. Consequently, new entrants will have possibilities in the industry. This is expected to be a major driving factor in the global self-driving trucks market.

The self-driving truck works on electricity; therefore, they are considered far more environment friendly, as compared to standard trucks. The electricity-based vehicle consumes less oil and gas and reduces fuel emissions, which in turn, contributes to the growth of the global market. However, there are certain factors that impede the market growth such of risk from hackers and increase cybercrime has limit the adoption of Autonomous Truck among consumers.

Artificial Intelligence comprises many applications in the automotive sector such as in autonomous driving and Advanced Driver Assistance Systems (ADAS). The replacements of sensors, networks are widely used that facilitate the services of lane detection. Furthermore, artificial intelligence enables to collect a large amount of data for mobile devices and IoT sensors to improve the storage process and data collection. Though in China, the rate of adoption of AI has propelled in recent years. Moreover, with the on-going trends, it is expected that more and more automotive manufacturers will enter the market in the near future.

In autonomous vehicles, the automotive manufacturers and their technology partners are engaged in the development of AI-driven systems to drive the growth of the market. These systems integrate a broad range of AI-enabled technologies, including NLP and neural networks. These technologies offer several features that increase the understanding of vehicles, enabling the safe drive with or without driver on board. With the ever-increasing demand in urban mobility and modern logistics sector, the vehicle population has been steadily growing over the past few decades. The leading automobile giants are coming up with newer self-driving features in their latest models. The respective technological developments are not confined to just communication, information technology, and data analysis; the realm of self-driving cars is also making progress at a brisk speed nowadays.

The adoption of self-driving trucks has changed travel experience due to several advantageous features, such as minimum prices, high-speed, environmentally friendly nature and energy efficiency. Driving software glitches, however, are likely to hinder the growth of the market, as this software is prone to hackers. In addition, even though there’s an autonomous truck supervisor inside the vehicle, hackers can enter the software and override the controls. Thus, the growing threat from hackers and increased cybercrime are expected to limit autonomous truck industry developments in the coming years.

A variety of techniques in Autonomous Truck are being implemented in the market that promotes environmentally friendly service, due to increasing environmental degradation and natural resource depletion. In addition, increasing sensitivity to air pollution effects and increased congestion in traffic drive the adoption of self-driven trucks, as they are fuel effective and use much less gas & power while driving than standard cars. Michelin, a tire manufacturer based in France, developed a tire-monitoring system using telematics and predictive analytics, providing a real-time view into the performance and wearing of specific tires on individual trucks to anticipate problems before they occur.

The analyst has segmented the autonomous truck market report on the basis of:

Autonomous Truck Autonomy Level Outlook (Revenue, USD Million, 2018-2027)
  • Level 1
  • Level 2
  • Level 3
  • Level 4
  • Level 5
Autonomous Truck Sensor Type Outlook (Revenue, USD Million, 2018-2027)
  • Radar
  • LiDAR
  • Camera
  • Ultrasonic
Autonomous Truck Vertical type Outlook (Revenue, USD Million, 2018-2027)
  • Logistics
  • Construction & Manufacturing
  • Mining
  • Port
Autonomous Truck Regional Outlook (Revenue, USD Million, 2018-2027)
  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Asia Pacific
  • India
  • Japan
  • China
  • South Korea
  • Latin America
  • Brazil
  • Mexico
  • Colombia
  • Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Israel
  • UAE
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AB Volvo
  • BMW AG
  • Delphi Automotive PLC
  • Embark Trucks
  • Ford Motor Co.
  • General Motor Company
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-aways
1.5. Stakeholders

2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation

3. Autonomous Truck Market Insights
3.1. Autonomous Truck- Industry snapshot
3.2. Autonomous Truck market dynamics
3.2.1. Autonomous Truck- Market Forces
3.2.1.1. Autonomous Truck Market driver analysis
3.2.1.2. Autonomous Truck Market restraint/challenges analysis
3.2.1.3. Autonomous Truck Market opportunity analysis
3.3. Industry analysis - Porter's five force
3.3.1. Bargaining power of supplier
3.3.2. Bargaining power of buyer
3.3.3. Threat of substitute
3.3.4. Threat of new entrant
3.3.5. Degree of competition
3.4. Autonomous Truck market PEST analysis
3.5. Value Chain Analysis
3.6. Competitive Ranking Analysis, 2019

4. Autonomous Truck Market Size and Forecast by Level of Autonomy
4.1. Global Autonomous Truck market share by level of Autonomy, 2019 & 2027
4.2. Level 1
4.2.1. Global Level 1 Autonomous Truck market estimates and forecasts, 2018-2027 (USD Million)
4.2.2. Global Semi-Autonomous Autonomous Truck market estimates and forecasts, by region, 2018-2027 (USD Million)
4.3. Level 2
4.3.1. Global Leve 2 Autonomous Truck market estimates and forecasts, 2018-2027 (USD Million)
4.3.2. Global Level 2 Autonomous Truck market estimates and forecasts, by region, 2018-2027 (USD Million)
4.4. Level 3
4.4.1. Global Leve 3 Autonomous Truck market estimates and forecasts, 2018-2027 (USD Million)
4.4.2. Global Level 3 Autonomous Truck market estimates and forecasts, by region, 2018-2027 (USD Million)
4.5. Level 4
4.5.1. Global Leve 4 Autonomous Truck market estimates and forecasts, 2018-2027 (USD Million)
4.5.2. Global Level 4 Autonomous Truck market estimates and forecasts, by region, 2018-2027 (USD Million)
4.6. Level 5
4.6.1. Global Leve 5 Autonomous Truck market estimates and forecasts, 2018-2027 (USD Million)
4.6.2. Global Level 5 Autonomous Truck market estimates and forecasts, by region, 2018-2027 (USD Million)

5. Autonomous Truck Market Size and Forecast by Sensor Type
5.1. Global Autonomous Truck market share by sensor type, 2019 & 2027
5.2. Radar
5.2.1. Global Radar Sensor market estimates and forecasts, 2018-2027 (USD Million)
5.2.2. Global Radar Sensor market estimates and forecasts, by region, 2018-2027 (USD Million)
5.3. LiDAR
5.3.1. Global LiDAR market estimates and forecasts, 2018-2027 (USD Million)
5.3.2. Global LiDAR market estimates and forecasts, by region, 2018-2027 (USD Million)
5.4. Camera
5.4.1. Global Camera market estimates and forecasts, 2018-2027 (USD Million)
5.4.2. Global Camera market estimates and forecasts, by region, 2018-2027 (USD Million)
5.5. Ultrasonic
5.5.1. Global Ultrasonic Sensor market estimates and forecasts, 2018-2027 (USD Million)
5.5.2. Global Ultrasonic Sensor market estimates and forecasts, by region, 2018-2027 (USD Million)

6. Autonomous Truck Market Size and Forecast by End-use
6.1. Global Autonomous Truck market share by end-use, 2019 & 2027
6.2. Logistics
6.2.1. Global Autonomous Truck market from logistics estimates and forecasts, 2018-2027 (USD Million)
6.2.2. Global Autonomous Truck from logistics market estimates and forecasts, by region, 2018-2027 (USD Million)
6.3. Construction & Manufacturing
6.3.1. Global Autonomous Truck market form Construction & Manufacturing estimates and forecasts, 2018-2027 (USD Million)
6.3.2. Global hard Autonomous Truck form Construction & Manufacturing market estimates and forecasts, by region, 2018-2027 (USD Million)
6.4. Mining
6.4.1. Global Autonomous Truck market form mining estimates and forecasts, 2018-2027 (USD Million)
6.4.2. Global Autonomous Truck market form mining estimates and forecasts, by region, 2018-2027 (USD Million)
6.5. Port
6.5.1. Global Autonomous Truck market form Portend-user industries estimates and forecasts, 2018-2027 (USD Million)
6.5.2. Global Autonomous Truck market form Portend-user industries estimates and forecasts, by region, 2018-2027 (USD Million)

7. Autonomous Truck Market Size and Forecast by Region
7.1. Global Autonomous Truck market share by region, 2019 & 2027
7.2. North America
7.2.1. North America Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.2.2. North America Autonomous Truck market by sensor type (USD Million), 2018-2027
7.2.3. North America Autonomous Truck market by end-user (USD Million), 2018-2027
7.2.4. U.S.
7.2.4.1. U.S. Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.2.4.2. U.S. Autonomous Truck market by sensor type (USD Million), 2018-2027
7.2.4.3. U.S. Autonomous Truck market by end-user (USD Million), 2018-2027
7.2.5. Canada
7.2.5.1. Canada Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.2.5.2. Canada Autonomous Truck market by sensor type (USD Million), 2018-2027
7.2.5.3. Canada Autonomous Truck market by end-user (USD Million), 2018-2027
7.3. Europe
7.3.1. Europe Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.3.2. Europe Autonomous Truck market by sensor type (USD Million), 2018-2027
7.3.3. Europe Autonomous Truck market by end-user (USD Million), 2018-2027
7.3.4. Germany
7.3.4.1. Germany Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.3.4.2. Germany Autonomous Truck market by sensor type (USD Million), 2018-2027
7.3.4.3. Germany Autonomous Truck market by end-user (USD Million), 2018-2027
7.3.5. UK
7.3.5.1. UK Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.3.5.2. UK Autonomous Truck market by sensor type (USD Million), 2018-2027
7.3.5.3. UK Autonomous Truck market by end-user (USD Million), 2018-2027
7.3.6. France
7.3.6.1. France Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.3.6.2. France Autonomous Truck market by sensor type (USD Million), 2018-2027
7.3.6.3. France Autonomous Truck market by end-user (USD Million), 2018-2027
7.3.7. Italy
7.3.7.1. Italy Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.3.7.2. Italy Autonomous Truck market by sensor type (USD Million), 2018-2027
7.3.7.3. Italy Autonomous Truck market by end-user (USD Million), 2018-2027
7.3.8. Spain
7.3.8.1. Spain Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.3.8.2. Spain Autonomous Truck market by sensor type (USD Million), 2018-2027
7.3.8.3. Spain Autonomous Truck market by end-user (USD Million), 2018-2027
7.4. Asia Pacific
7.4.1. Asia Pacific Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.4.2. Asia Pacific Autonomous Truck market by sensor type (USD Million), 2018-2027
7.4.3. Asia Pacific Autonomous Truck market by end-user (USD Million), 2018-2027
7.4.4. China
7.4.4.1. China Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.4.4.2. China Autonomous Truck market by sensor type (USD Million), 2018-2027
7.4.4.3. China Autonomous Truck market by end-user (USD Million), 2018-2027
7.4.5. South Korea
7.4.5.1. South Korea Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.4.5.2. South Korea Autonomous Truck market by sensor type (USD Million), 2018-2027
7.4.5.3. South Korea Autonomous Truck market by end-user (USD Million), 2018-2027
7.4.6. Japan
7.4.6.1. Japan Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.4.6.2. Japan Autonomous Truck market by sensor type (USD Million), 2018-2027
7.4.6.3. Japan Autonomous Truck market by end-user (USD Million), 2018-2027
7.4.7. India
7.4.7.1. India Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.4.7.2. India Autonomous Truck market by sensor type (USD Million), 2018-2027
7.4.7.3. India Autonomous Truck market by end-user (USD Million), 2018-2027
7.5. Latin America
7.5.1. Latin America Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.5.2. Latin America Autonomous Truck market by sensor type (USD Million), 2018-2027
7.5.3. Latin America Autonomous Truck market by end-user (USD Million), 2018-2027
7.5.4. Brazil
7.5.4.1. Brazil Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.5.4.2. Brazil Autonomous Truck market by sensor type (USD Million), 2018-2027
7.5.4.3. Brazil Autonomous Truck market by end-user (USD Million), 2018-2027
7.5.5. Mexico
7.5.5.1. Mexico Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.5.5.2. Mexico Autonomous Truck market by sensor type (USD Million), 2018-2027
7.5.5.3. Mexico Autonomous Truck market by end-user (USD Million), 2018-2027
7.5.6. Colombia
7.5.6.1. Colombia Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.5.6.2. Colombia Autonomous Truck market by sensor type (USD Million), 2018-2027
7.5.6.3. Colombia Autonomous Truck market by end-user (USD Million), 2018-2027
7.6. Middle East & Africa
7.6.1. MEA Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.6.2. MEA Autonomous Truck market by sensor type (USD Million), 2018-2027
7.6.3. MEA Autonomous Truck market by end-user (USD Million), 2018-2027
7.6.4. Saudi Arabia
7.6.4.1. Saudi Arabia Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.6.4.2. Saudi Arabia Autonomous Truck market by sensor type (USD Million), 2018-2027
7.6.4.3. Saudi Arabia Autonomous Truck market by end-user (USD Million), 2018-2027
7.6.5. South Africa
7.6.5.1. South Africa Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.6.5.2. South Africa Autonomous Truck market by sensor type (USD Million), 2018-2027
7.6.5.3. South Africa Autonomous Truck market by end-user (USD Million), 2018-2027
7.6.6. Israel
7.6.6.1. Israel Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.6.6.2. Israel Autonomous Truck market by sensor type (USD Million), 2018-2027
7.6.6.3. Israel Autonomous Truck market by end-user (USD Million), 2018-2027
7.6.7. UAE
7.6.7.1. UAE Autonomous Truck market by autonomous level (USD Million), 2018-2027
7.6.7.2. UAE Autonomous Truck market by sensor type (USD Million), 2018-2027
7.6.7.3. UAE Autonomous Truck market by end-user (USD Million), 2018-2027

8. Company Profiles
8.1. AB Volvo
8.1.1. Overview
8.1.2. Financials
8.1.3. Product Benchmarking
8.1.4. Recent Developments
8.2. Alphabet Inc. (Waymo)
8.2.1. Overview
8.2.2. Financials
8.2.3. Product Benchmarking
8.2.4. Recent Developments
8.3. Aptiv
8.3.1. Overview
8.3.2. Financials
8.3.3. Product Benchmarking
8.3.4. Recent Developments
8.4. BMW
8.4.1. Overview
8.4.2. Financials
8.4.3. Product Benchmarking
8.4.4. Recent Developments
8.5. Bosch
8.5.1. Overview
8.5.2. Financials
8.5.3. Product Benchmarking
8.5.4. Recent Developments
8.6. Clearpath Robotics Inc. (OTTO Motors)
8.6.1. Overview
8.6.2. Financials
8.6.3. Product Benchmarking
8.6.4. Recent Developments
8.7. Continental
8.7.1. Overview
8.7.2. Financials
8.7.3. Product Benchmarking
8.7.4. Recent Developments
8.8. Daimler AG
8.8.1. Overview
8.8.2. Financials
8.8.3. Product Benchmarking
8.8.4. Recent Developments
8.9. Denso
8.9.1. Overview
8.9.2. Financials
8.9.3. Product Benchmarking
8.9.4. Recent Developments
8.10. Embark Trucks
8.10.1. Overview
8.10.2. Financials
8.10.3. Product Benchmarking
8.10.4. Recent Developments
8.11. Ford Motor Co.
8.11.1. Overview
8.11.2. Financials
8.11.3. Product Benchmarking
8.11.4. Recent Developments
8.12. General Motors
8.12.1. Overview
8.12.2. Financials
8.12.3. Product Benchmarking
8.12.4. Recent Developments
8.13. Isuzu Motors Limited
8.13.1. Overview
8.13.2. Financials
8.13.3. Product Benchmarking
8.13.4. Recent Developments
8.14. PACCAR Inc.
8.14.1. Overview
8.14.2. Financials
8.14.3. Product Benchmarking
8.14.4. Recent Developments
8.15. Tesla, Inc.
8.15.1. Overview
8.15.2. Financials
8.15.3. Product Benchmarking
8.15.4. Recent Developments
8.16. Toyota Motor Corporation
8.16.1. Overview
8.16.2. Financials
8.16.3. Product Benchmarking
8.16.4. Recent Developments
8.17. TuSimple
8.17.1. Overview
8.17.2. Financials
8.17.3. Product Benchmarking
8.17.4. Recent Developments
8.18. Uber Technologie Inc.
8.18.1. Overview
8.18.2. Financials
8.18.3. Product Benchmarking
8.18.4. Recent Developments
8.19. Volkswagen AG
8.19.1. Overview
8.19.2. Financials
8.19.3. Product Benchmarking
8.19.4. Recent Developments
Note: Product cover images may vary from those shown
  • BMW AG
  • AB Volvo
  • Ford Motor Co.
  • General Motor Company
  • Robert Bosch GmbH
  • Delphi Automotive PLC
  • Google Inc.
  • Uber Technologies Inc.
  • Tesla Inc.
  • Volkswagen AG
  • Embark Trucks
Note: Product cover images may vary from those shown
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