Autonomous Trucks Market-Overview
The surge in volumes of shipmentsglobally is estimated to fortify theautonomous trucks market in 2020.The automobileindustry reports are produced by Market Research Future, which highlightsmarket options for expansion. A 15.6 %CAGR is predicted to drive the development of the market in the forecastperiod.
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The need to sustain market growthis estimated to favor the growth of the autonomous trucks market share.Along withthe need to reduceproduction footprint and manage labor costs, the autonomoustrucks market is estimated to grow rapidly in the forecast period.
Segmental Analysis
The segmental study of the autonomoustrucks market is segmented on the basis of components, sensor types, technology,and regions.Based on the components, the autonomous trucks market is dividedinto hardware and software. Based on the sensor type, the autonomous trucksmarket is segmented into image, LiDAR, ultrasonic, radar, and others.Based on thetechnology, the autonomoustrucks market is segmented into fully automated trucks and semi-automatedtrucks. Based on the region, the autonomous trucks market is segmented into Europe,North America, Asia Pacific, and the rest of the regions.
AutonomousTrucks Market Growth and Detailed Regional Analysis
The regional scrutiny of theautonomous trucks market includes regions such as Europe, North America, AsiaPacific, and the rest of the regions. Amongst all the regions, the NorthAmerican region isanticipated to govern the development of the market for theduration of the forecast period trailed by the European region. The toweringrate of technology implementation, amplifiedamount of foreign tonnage, and the presenceof major independent trucks manufacturersare anticipated to impel the augmentationof the region in the forecast period. The availability of contemporaryinfrastructure amenities and the rise in demand for automobiles is further motivatingthe autonomous trucks market.
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AutonomousTrucks Market Competitive Analysis:
The revamping of distributionchannels is also expected in the coming years with a particular focus on usingrobots for the logistic function on a larger scale than before. The market isin a state of flux due to the rapid and severe changes in the global economy.The market players are taking the steps that are necessary to ensure that themarket survives the turbulent period and emerge recovered in the future.Thefortification of the human resource is estimated to be the critical point beingaddressed in these times of uncertainty. The rebooting of manufacturingactivities is another strategic aspect that is being emphasized to ensure thatthe supply of the end product can be reasonably ensured to the users in themarket. The support of the administration in countries around the world isestimated to have a significant impact on the development of the market in theupcoming period.
The well-knowncompanies in theautonomous trucks market areDelphi Automotive PLC (Ireland), A.B. Volvo(Sweden), Google Inc (U.S.), Uber Technologies Inc. (U.S.), Ford Motor Co.(U.S.), Volkswagen AG (Germany), General Motor Company (U.S.), BMW AG(Germany), Robert Bosch GmbH (Germany), Tesla Inc. (U.S.), Embark Trucks(U.S.).
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAINANALYSIS
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