Autonomous Truck Market Growth, Industry Trends, Forecast 2030


Posted April 25, 2024 by NilamMMR

The North American region is expected to hold the highest share of the Autonomous Truck Market
 
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Anticipated Growth in Revenue:

The Autonomous Truck Market size was valued at USD 3.30 Billion in 2023 and the total Autonomous Truck Revenue is expected to grow at a CAGR of 15.2 % from 2024 to 2030, reaching nearly USD 8.89 Billion in 2030.

Autonomous Truck Market Overview

Maximize Market Research stands as a leading research entity, renowned for its comprehensive analysis across various industries. Recently, they unveiled an exhaustive examination of the "Autonomous Truck Market," offering invaluable insights into its dynamics. Their report delves into critical aspects such as business trends, demand patterns, pricing dynamics, and the competitive terrain.

Autonomous Truck Market Scope and Methodology:

The report extensively investigates market trends, growth catalysts, obstacles, and potentials across various methodologies. Focusing on the global Cumene industry, the Autonomous Truck Market Report offers a detailed analysis encompassing data collection and scrutiny for research purposes. Employing a rigorous research methodology, it combines primary insights garnered through expert interviews with secondary data from credible sources and databases. Delving into the Cumene sector worldwide, this report evaluates market dimensions, segmentation, and regional nuances, shedding light on pivotal factors influencing the Autonomous Truck Market landscape. Catering to stakeholders within the Cumene industry, including providers, manufacturers, and researchers, it equips them with actionable insights for informed decision-making and strategic investments in both sectoral advancements and treatments.

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Sensors Type segment with the quickest growth :

With a 50% market share in2023, the LIDAR sensor category leads the other sensor kinds. LIDAR technologies provide three-dimensional road visualisation and environmental monitoring. In lieu of electromagnetic energy, laser pulses are employed in LIDAR. UV, visible, and near-infrared light are released by LIDAR (Bergvall & Gustavson, 2017, pp. 9–10). A LIDAR system's narrower light beam improves accuracy compared to a RADAR system. When LIDAR and RADAR are combined, the systems can identify objects up to 200 metres in front of the vehicle, including people, traffic signals, lanes, other cars, and road signs.

Autonomous Truck Market Segmentation: The Art of Unveilingby Module

by Sensors

LIDAR
RADAR
Ultrasonic
Others

by Truck Type

Light-duty Trucks
Medium-duty Truck
Heavy-duty Trucks

by Level of Autonomy

Level 1
Level 2
Level 3
Level 4

by ADAS Features

Adaptive Cruise Control
Automatic Emergency Braking
Highway Pilot
Intelligent Park Assist (IPA),
Lane Assist (LA)
Others.

Autonomous Truck Market Key Players :

1. Waymo LLC (United States)
2. Tesla, Inc. (United States)
3. TuSimple Holdings Inc. (United States)
4. Aurora Innovation Inc. (United States)
5. Embark Trucks Inc. (United States)
6. Daimler Trucks AG (Germany)
7. Volvo Group (Sweden)
8. Scania AB (Sweden)
9. Einride AB (Sweden)
10. Pronto.ai (United States)
11. Starsky Robotics (United States)
12. Ike Robotics Inc. (United States)
13. Kodiak Robotics (United States)
14. Locomation Inc. (United States)

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Cumene Market Regional Insights

The report incorporates the market status of different regions and countries, further dissected by key countries within those regions. The segments for the Autonomous Truck Market encompass North America, Europe, Asia Pacific, South America, the Middle East, and Africa.

Key Questions answered in the Autonomous Truck Market Report are:
What is Cumene?
What was the market size?
What is the growth rate of the Autonomous Truck Market?
Which factors are expected to drive market growth?
What are the different segments of the Autonomous Truck Market?
What growth strategies are the players considering?
What are the upcoming industry applications and trends?
What recent industry trends can be implemented to generate additional revenue?
Who are the leading companies and what are their portfolios?
What segments are covered in the Autonomous Truck Market?
Who are the key players in the market?
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segments | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
For additional reports on related topics, visit our website:

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Issued By MMR
Country India
Categories Automotive , Transportation
Tags autonomous truck market trend , autonomous truck market size , autonomous truck market share , autonomous truck market growth , autonomous truck market outlook , autonomous truck market analysis
Last Updated April 25, 2024