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US Light and Medium Duty Trucking Autonomous Technology Market, 2022: Frost Radar Report

  • Report

  • 34 Pages
  • July 2022
  • Region: United States
  • Frost & Sullivan
  • ID: 5642895

A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

Autonomous trucks are the next logical step to overcome logistics bottlenecks and to keep pace with the rapidly changing freight carriage ecosystem. Unlike human drivers that must limit their operating hours to remain safe, autonomous systems can operate trucks consistently 24x7, effectively increasing commodity flow in the freight value system.

The pivot toward autonomous trucking is fostered largely by increasing consumer commodity consumption, technological advances, safety considerations, and continual effort to improve business efficiency; the pivot will progress as regulations emerge to establish legal and operational direction. Level 4 and above autonomous trucks will influence new business models such as Truck-as-a-Service and usage-based and on-demand services in the freight transportation industry.

Global logistics and retail giants have strategized to improve their freight-handling efficiency, decrease delivery time, and reduce their overall carbon footprint. With trends such as same-day delivery; free-of-cost delivery; and automated store management, distribution, and dispatch, companies are piloting several disruptive technologies that are differentiated from traditional goods management methodologies.
Several leading OEMs have taken initiatives to develop and test their automotive autonomous technologies, while some have invested in emerging technology start-ups. Competition is rising exponentially, with start-ups and retrofit solution providers participating alongside traditional original equipment manufacturers (OEMs).

Retailing giants are exploring advanced technologies to increase efficiency within their supply chain. Collaboration with these emerging companies toward technological and deployment progress creates opportunities to tap into emerging businesses and to maintain a lead during the transition.

The Frost Radar reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar methodology. The document presents competitive profiles on each of the companies in the Frost Radar based on their strengths, opportunities, and a small discussion on their positioning. The publisher analyzes hundreds of companies in an industry and benchmarks them across 10 criteria on the Frost Radar, where the leading companies in the industry are then positioned.

US Light and Medium Duty Trucking Autonomous Technology Market

Table of Contents

1. Strategic Imperative and Growth Environment
  • The Strategic Imperative
  • The Growth Environment
2. Frost Radar
  • Frost Radar: US Light and Medium Duty Trucking Autonomous Technology Market
  • Frost Radar: Competitive Environment
3. Companies to Action
  • Boxbot
  • Cruise
  • Gatik AI
  • Nuro
  • Robomart
  • Udelv
  • Waymo Via
4. Strategic Insights
5. Next Steps: Leveraging the Frost Radar to Empower Key Stakeholders
  • Significance of Being on the Frost Radar
  • Frost Radar Empowers the CEO’s Growth Team
  • Frost Radar Empowers Investors
  • Frost Radar Empowers Customers
  • Frost Radar Empowers the Board of Directors
6. Frost Radar Analytics
  • Frost Radar: Benchmarking Future Growth Potential
  • Legal Disclaimer

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Boxbot
  • Cruise
  • Gatik AI
  • Nuro
  • Robomart
  • Udelv
  • Waymo Via