Global Semi-Autonomous & Autonomous Truck Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Propulsion Type;

Diesel, Electric and Hybrid.

By Level of Automation;

Level 1, Level 2 & Level 3, Level 4 and Level 5.

By Application;

Last-mile delivery truck and Mining Truck.

By ADAS Feature;

ACC, AEB, BSD, LKA, IPA, TJA and HP.

By Sensor;

Ultrasonic, Camera, LiDAR and Radar.

By Truck Class;

Class 1- Class 3, Class 4- Class 6 and Class 7- Class 8.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn640642098 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Semi-Autonomous & Autonomous Truck Market (USD Million), 2020 - 2030

In the year 2023, the Global Semi-Autonomous & Autonomous Truck Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%.

The global semi-autonomous and autonomous bus market is at the forefront of innovation in the transportation sector, revolutionizing urban mobility with advanced technologies. These buses represent a significant evolution in public transportation, offering enhanced safety, efficiency, and sustainability. With the integration of semi-autonomous and autonomous features, such as adaptive cruise control, lane-keeping assist, and autonomous driving capabilities, buses are becoming smarter, safer, and more capable of navigating complex urban environments.

Semi-autonomous buses, equipped with driver assistance systems and advanced sensors, are already being deployed in various cities worldwide, showcasing the potential for gradual automation in public transit. These buses can assist drivers with tasks such as steering, braking, and monitoring the surrounding environment, thereby reducing the likelihood of accidents and improving overall operational efficiency. As technology continues to evolve, semi-autonomous buses are expected to play a crucial role in the transition towards fully autonomous transportation systems.

The autonomous bus market holds immense promise for the future of urban mobility, with the potential to redefine how people move within cities. Fully autonomous buses, capable of navigating routes without human intervention, offer the prospect of safer, more reliable, and environmentally friendly transportation solutions. By leveraging technologies such as artificial intelligence, LiDAR, and advanced sensors, autonomous buses can optimize route planning, reduce traffic congestion, and minimize carbon emissions, contributing to more sustainable urban development.

Overall, the global semi-autonomous and autonomous bus market represents a paradigm shift in public transportation, driven by technological innovation, changing consumer preferences, and the need for sustainable mobility solutions. As cities continue to grow and evolve, the demand for smarter, more efficient transit options will only increase, positioning semi-autonomous and autonomous buses as integral components of future urban mobility ecosystems.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Propulsion Type
    2. Market Snapshot, By Level of Automation
    3. Market Snapshot, By Application
    4. Market Snapshot, By ADAS Feature
    5. Market Snapshot, By Sensor
    6. Market Snapshot, By Truck Class
    7. Market Snapshot, By Region
  4. Global Semi-Autonomous & Autonomous Truck Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing emphasis on better road safety and traffic control
        2. Ability of autonomous and semi-autonomous trucks to alleviate truck driver shortage
        3. Economic effect of semi-autonomous and autonomous trucks on the trucking industry
      2. Restraints
        1. Concerns over cybersecurity and data privacy
        2. Lack of information technology and communication infrastructure in developing nations
      3. Opportunities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Semi-Autonomous & Autonomous Truck Market, By Propulsion Type, 2020 - 2030 (USD Million)
      1. Diesel
      2. Electric
      3. Hybrid
    2. Global Semi-Autonomous & Autonomous Truck Market, By Level of Automation, 2020 - 2030 (USD Million)
      1. Level 1
      2. Level 2 & Level 3
      3. Level 4
      4. Level 5
    3. Global Semi-Autonomous & Autonomous Truck Market, By Application, 2020 - 2030 (USD Million)
      1. Last-mile delivery truck
      2. Mining Truck
    4. Global Semi-Autonomous & Autonomous Truck Market, By ADAS Feature, 2020 - 2030 (USD Million)
      1. ACC
      2. AEB
      3. BSDLKA
      4. IPA
      5. TJA
      6. HP
    5. Global Semi-Autonomous & Autonomous Truck Market, By Sensor, 2022 - 2032 (USD Million)
      1. Ultrasonic
      2. Camera
      3. LiDAR
      4. Radar
    6. Global Semi-Autonomous & Autonomous Truck Market, By Truck Class, 2022 - 2032 (USD Million)
      1. Class 1- Class 3
      2. Class 4- Class 6
      3. Class 7- Class 8
    7. Global Semi-Autonomous & Autonomous Truck Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Ab Volvo
      2. Bosch
      3. Continental
      4. Denso
      5. Aptiv
      6. Embark
      7. Daimler
      8. Waymo
      9. Tesla
      10. Paccar
      11. Nvidia
      12. Tusimple
  7. Analyst Views
  8. Future Outlook of the Market

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