Global Self Driving Truck Market was valued at USD 1,002 million in 2019 which is expected to reach USD 1,679 million b 2030 at a 10.2 % CAGR.
Self driving trucks are also called as robotic truck or autonomous truck. These are the innovation in automotive industry, these trucks have high growth potential and they are acting as catalyst in automobile industry for advancements and developments. Self driving trucks are made with various components such as RADAR, LIDAR, cameras, and sensors.
Increase in development of supportive regulatory framework, government initiatives, and funding in digital infrastructure is expected to boost the global self driving truck market growth. Furthermore, Increase in shortage of human drivers will have the positive impact on global self driving truck market growth. For instance, in 2017 according to American Trucking Associations, the truck industry is suffering from shortage of around 50000 human drivers. Moreover, increase in safety concerns and advancements in automotive technologies will increase the acceptance and adoption of self driving trucks which is expected to fuel the global self driving truck market growth, during this forecast period.
However, high cost is the major restraining factor which is expected to hamper the growth of global self driving truck market. Also, lack of awareness and infrastructure facilities in under developing countries will affect the growth of global self driving truck market.
Global Self-Driving Truck Market is segmented into level of autonomy such as Level One, Level Two, Level Three, and Level Four, by component types such as RADAR, LIDAR, Camera, and Sensors. Further, Global Self Driving Truck Market is segmented into industry vertical such as Construction and Manufacturing, Mining, Port, and Logistics.
Also, Global Self Driving Truck Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Volkswagen, Toyota, Waymo, Tesla, Daimler AG, AB Volvo, Otto motors, General Motors, Isuzu Motors Limited, BMW AG, and Others.
By Region
North America Latin America Europe Asia Pacific Middle East & Africa Key Questions Addressed by the Report What are the Key Opportunities in Self Driving Truck Market? What will be the growth rate from 2019 to 2030? Which segment/region will have highest growth? What are the factors that will impact/drive the Market? What is the competitive Landscape in the Industry? What is the role of key players in the value chain? What are the strategies adopted by key players?
1. Executive Summary
1.1. Market Taxonomy
2. Global Self Driving Truck Market Demand (in Value or Size in US$ Mn) Analysis and Forecast
3. Market Background
3.1. Forecast Factor
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Challenges
3.2.3. Trends
4. Global Self Driving Truck Market Snapshot
5. Global Self Driving Truck Market Analysis, By Level of autonomy
5.1. Y-o-Y Growth Comparison, By Level of autonomy
5.2. Global Self Driving Truck Market Share Analysis, By Level of autonomy
5.3. Global Self Driving Truck Market Size and Forecast, By Level of autonomy
5.3.1 Level One
5.3.2 Level Two
5.3.3 Level Three
5.3.4 Level Four
6. Global Self Driving Truck Market Analysis, By Component Type
6.1. Y-o-Y Growth Comparison, By Component Type
6.2. Global Self Driving Truck Market Share Analysis, By Component Type
6.3. Global Self Driving Truck Market Size and Forecast, By Component Type
6.3.1 RADAR
6.3.2 LIDAR
6.3.3Camera
6.3.4 Sensor
7. Global Self Driving Truck Market Analysis, By Industry Vertical
7.1. Y-o-Y Growth Comparison, By Industry Vertical
7.2. Global Self Driving Truck Market Share Analysis, By Industry Vertical
7.3. Global Self Driving Truck Market Size and Forecast, By Industry Vertical
7.3.1 Construction and Manufacturing
7.3.2 Mining
7.3.3 Camera
7.3.4 Logistics
8. Global Self Driving Truck Market Analysis, By Region
8.1. Y-o-Y Growth Comparison, By Region
8.2. Global Self Driving Truck Market Share Analysis, By Region
9.North America Self Driving Truck Market Analysis and Forecast (2017-2030)
9.1 Introduction
9.2 North America Self Driving Truck Market Analysis, By Level of autonomy
9.3 North America Self Driving Truck Market Analysis, By Component Type
9.4 North America Self Driving Truck Market Analysis, By Industry Vertical
9.5 North America Self Driving Truck Market Analysis, By Country
9.5.1USA
9.5.2 Canada
9.5.3 Mexico
10.Europe Self Driving Truck Market Analysis and Forecast (2017-2030)
10.1 Introduction
10.2 Europe Self Driving Truck Market Analysis, By Level of autonomy
10.3 Europe Self Driving Truck Market Analysis, By Component Type
10.4 Europe Self Driving Truck Market Analysis, By Industry Vertical
10.5 Europe Self Driving Truck Market Analysis, By Country
10.5 .1Germany
10.5 .2 France
10.5 .3 UK
10.5 .4 Rest of Europe
11. Asia Pacific Self Driving Truck Market Analysis and Forecast (2017-2030)
11.1 Introduction
11.2 Asia Pacific Self Driving Truck Market Analysis, By Level of autonomy
11.3Asia Pacific Self Driving Truck Market Analysis, By Component Type
11.3Asia Pacific Self Driving Truck Market Analysis, By Industry Vertical
11.4 Asia Pacific Self Driving Truck Market Analysis, By Country
11.4.1China
11.4.2 India
11.4.3 Japan
11.4.4 Rest of Asia Pacific
12. Latin America Self Driving Truck Market Analysis and Forecast (2017-2030)
12.1 Introduction
12.2 Latin America Self Driving Truck Market Analysis, By Level of autonomy
12.3Latin America Self Driving Truck Market Analysis, By Component Type
12.4Latin America Self Driving Truck Market Analysis, By Industry Vertical
13. Middle East & Africa Self Driving Truck Market Analysis and Forecast (2017-2030)
13.1 Introduction
13.2 Middle East & Africa Self Driving Truck Market Analysis, By Level of autonomy
13.3Middle East & Africa Self Driving Truck Market Analysis, By Component Type
13.4Middle East & Africa Self Driving Truck Market Analysis, By Industry Vertical
14. Competition Analysis
14.1 Competition Dashboard
14.2Market Share Analysis of Top Vendors
14.3 Key Development Strategies
15. Company Profiles
15.1 Volkswagen
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financial
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Toyota
15.3 Waymo
15.4 Tesla
15.5 Daimler AG
15.6 AB Volvo
15.7 Otto motors
15.8 General Motors
15.9 Isuzu Motors Limited
15.10 BMW AG
15.11 Others
