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Mayur Kasrung 2020-06-18
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Autonomous Commercial Vehicle Market:WiseGuyReports.com adds “Global Autonomous Commercial Vehicle Market Research Report 2020 Analysis and Forecast 2030” reports to its database.Executive SummaryThe global autonomous commercial vehicle market is expected to decline from $7.57 billion in 2019 to $6.33 billion in 2020 at a compound annual growth rate (CAGR) of -16.35%.

The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and closure of industries and other commercial activities.

The entire supply chain has been disrupted, impacting the market negatively.

For instance, in March 2019, Daimler AG, a Germany-based multinational automotive corporation agreed to purchase majority stakes in Torc Robotics, a pioneer in autonomous driving, for an undisclosed amount.

This acquisition is expected to help Daimler AG to develop and create a technology powerhouse for autonomous vehicles.

Similarly, TuSimple announced partnership with ZF to co-develop cameras, LiDAR, radar, steering and automotive-grade central computer ZF ProAI and incorporate them to develop autonomous technologies.The autonomous commercial vehicles market covered in the report is segmented by vehicle into truck; trailer; bus; others.

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swapnil bhosale 2020-08-05
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According to the new market research report "Semi-Autonomous & Autonomous Truck Market By Level of Automation (Level 1, Level 2 & 3, Level 4, and Level 5), Propulsion (Diesel, Electric, and Hybrid), Application, Truck Class, ADAS Features, Sensor, and Region - Global Forecast to 2030" The global semi-autonomous truck market size is projected to grow from 948 thousand units in 2020 to reach 3,254 thousand units by 2025, at a CAGR of 28.0%The global autonomous truck market size is projected to grow from USD 460 million in 2024 to reach USD 1,550 million by 2030, at a CAGR of 22.4%.The growth of the semi-autonomous truck market can be attributed to the increasing road accidents, the need for efficient truck operations, and demand for ADAS features in the trucks.

Government bodies across the world have started regulating the safety standards in trucks to reduce fatalities in road crashes.Factors such as shortage of drivers, companies eyeing a reduction in delivery & transportation cost, and increasing research and development in technologies such as V2X, 5G, connected trucks, ADAS, and platooning will drive the market for autonomous trucks in the forecast.

The pandemic COVID-19 might benefit the autonomous truck market, as companies will be looking for autonomous options for delivering and shipping to the customers.The global semi-autonomous truck market is dominated by major players such as Continental (Germany) Bosch (Germany), Aptiv (UK), AB Volvo (Sweden), and Denso (Japan).

On the other hand, Embark (US), Tesla (US), TuSimple (US), Caterpillar (US), and Waymo (US) are some of the companies that are focusing on developing autonomous trucks.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=224614273North America is expected to lead the global market during the forecast periodNorth America is the technology leader in autonomous technology.

Tesla will enter the market soon with its ‘Cybertruck’ having all the semi-autonomous features and an optional autonomous driving feature as well.The last-mile delivery truck segment is expected to be the largest market during the forecastUsing autonomous last-mile delivery trucks can help companies save 40% of the total cost.

Also, the shortage of human delivery driver/personnel and increasing e-commerce will be driving the autonomous truck market for last-mile delivery applications.

collect
0
Mayur Kasrung 2020-06-18
img

Autonomous Commercial Vehicle Market:WiseGuyReports.com adds “Global Autonomous Commercial Vehicle Market Research Report 2020 Analysis and Forecast 2030” reports to its database.Executive SummaryThe global autonomous commercial vehicle market is expected to decline from $7.57 billion in 2019 to $6.33 billion in 2020 at a compound annual growth rate (CAGR) of -16.35%.

The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and closure of industries and other commercial activities.

The entire supply chain has been disrupted, impacting the market negatively.

For instance, in March 2019, Daimler AG, a Germany-based multinational automotive corporation agreed to purchase majority stakes in Torc Robotics, a pioneer in autonomous driving, for an undisclosed amount.

This acquisition is expected to help Daimler AG to develop and create a technology powerhouse for autonomous vehicles.

Similarly, TuSimple announced partnership with ZF to co-develop cameras, LiDAR, radar, steering and automotive-grade central computer ZF ProAI and incorporate them to develop autonomous technologies.The autonomous commercial vehicles market covered in the report is segmented by vehicle into truck; trailer; bus; others.

swapnil bhosale 2020-08-05
img

According to the new market research report "Semi-Autonomous & Autonomous Truck Market By Level of Automation (Level 1, Level 2 & 3, Level 4, and Level 5), Propulsion (Diesel, Electric, and Hybrid), Application, Truck Class, ADAS Features, Sensor, and Region - Global Forecast to 2030" The global semi-autonomous truck market size is projected to grow from 948 thousand units in 2020 to reach 3,254 thousand units by 2025, at a CAGR of 28.0%The global autonomous truck market size is projected to grow from USD 460 million in 2024 to reach USD 1,550 million by 2030, at a CAGR of 22.4%.The growth of the semi-autonomous truck market can be attributed to the increasing road accidents, the need for efficient truck operations, and demand for ADAS features in the trucks.

Government bodies across the world have started regulating the safety standards in trucks to reduce fatalities in road crashes.Factors such as shortage of drivers, companies eyeing a reduction in delivery & transportation cost, and increasing research and development in technologies such as V2X, 5G, connected trucks, ADAS, and platooning will drive the market for autonomous trucks in the forecast.

The pandemic COVID-19 might benefit the autonomous truck market, as companies will be looking for autonomous options for delivering and shipping to the customers.The global semi-autonomous truck market is dominated by major players such as Continental (Germany) Bosch (Germany), Aptiv (UK), AB Volvo (Sweden), and Denso (Japan).

On the other hand, Embark (US), Tesla (US), TuSimple (US), Caterpillar (US), and Waymo (US) are some of the companies that are focusing on developing autonomous trucks.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=224614273North America is expected to lead the global market during the forecast periodNorth America is the technology leader in autonomous technology.

Tesla will enter the market soon with its ‘Cybertruck’ having all the semi-autonomous features and an optional autonomous driving feature as well.The last-mile delivery truck segment is expected to be the largest market during the forecastUsing autonomous last-mile delivery trucks can help companies save 40% of the total cost.

Also, the shortage of human delivery driver/personnel and increasing e-commerce will be driving the autonomous truck market for last-mile delivery applications.