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The future of the global autonomous truck market looks promising with opportunities in logistics, construction & manufacturing, mining and port segments. The global autonomous truck market is expected to grow with a CAGR of 12%-14% from 2021 to 2026. The major drivers for this market are increase in supply of goods and materials, improved safety on highways, and rising demand from construction sector. 
 
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing adoption of autonomous trucks in mining operations, greater fuel efficiency of automated trucks and high adoption of advanced technology. 
 
A total of 130 figures / charts and 104 tables are provided in this more than 150 page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global autonomous truck market report, please download the report brochure.

 
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The study includes a forecast for the global autonomous truck market by level of autonomy, sensor type, end use and region, and region, as follows:
 
By Level of Autonomy [Value ($ Million) from 2015 to 2026]:
  • Level 1
  • Level 2
  • Level 3
  • Level 4
  • Level 5
By Sensor Type [Value ($ Million) from 2015 to 2026]: 
  • Radar
  • LiDAR
  • Camera
  • Ultrasonic 
By End Use [Value ($ Million) from 2015 to 2026]:
  • Logistics
  • Construction & Manufacturing 
  • Mining 
  • Port 
By Region [Value ($ Million) from 2015 to 2026]:
  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • Germany
  • United Kingdom
  • APAC
  • China
  • India
  • Japan
  • ROW
  • Middle East
  • Brazil
Some of the autonomous truck companies profiled in this report include BMW AG, AB Volvo, Ford Motor Co., General Motor Company, Robert Bosch GmbH, Delphi Automotive PLC, Uber Technologies Inc., Tesla Inc., Volkswagen AG, and Embark Trucks.
 
Lucintel forecasts that radar will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to its countless benefits such as being lightweight with an ability to function even under negative environmental circumstances such as rain, fog and snow, long-range detection, and flexible mounting. 
 
Within the global autonomous truck market, the logistics segment is expected to witness the highest growth over the forecast period due to the effect of e-commerce and assistance of technology to prevent potential hazards. 
 
North America is expected to remain the largest market and witness the highest growth rate over the forecast period due to the availability of infrastructure and major technology companies that are entering autonomous driving segment.
 
 
Features of the Global Autonomous truck Market
 
  • Market Size Estimates: Global autonomous truck market size estimation in terms of value ($M) shipment.
  • Trend and Forecast Analysis: Market trends (2015-2021) and forecast (2021-2026) by various segments.
  • Segmentation Analysis: Global autonomous truck market size by various segments, such as by level of autonomy, sensor type and end use in terms of value.
  • Regional Analysis: Global autonomous truck market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different by level of autonomy, sensor type, end use and regions for the global autonomous truck market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global autonomous truck market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
 
This report answers following 11 key questions
 
Q.1 What are some of the most promising growth opportunities for the global autonomous truck market by level of autonomy (level 1, level 2, level 3, level 4 and level 5), sensor type (ultrasonic, camera, radar and lidar), end use (logistics, construction & manufacturing, mining and port) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this market?
Q.5 What are the business risks and competitive threats in this market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are some of the changing demands of customers in the market?
Q.8 What are the new developments in the market and which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being taken by key players for business growth?
Q.10 What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?
Q.11 What M & A activity has occurred in the last five years?

Report Scope

Key Features Description
Base Year for Estimation 2021
Trend Period
(Actual Estimates)		 2015-2021
Forecast Period 2021-2026
Pages 210
Market Representation / Units Revenue in US $ Million
Regional Scope North America (USA, Mexico, and Canada), Europe (Germany and United Kingdom), Asia (China, Japan, and India), and ROW (Middle East and Brazil)
Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling
Market segments Level Of Autonomy (Level 1, Level 2, Level 3, Level 4 And Level 5), Sensor Type (Ultrasonic, Camera, Radar And Lidar), End Use (Logistics, Construction & Manufacturing, Mining And Port)
Customization 10% Customization without Any Additional Cost

Table of Contents
 
1. Executive Summary
 
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2015 to 2026
3.1: Macroeconomic Trends and Forecast
3.2: Global Autonomous truck market Trends and Forecast
3.3: Global Autonomous truck market by Level of Autonomy 
3.3.1: Level 1 
3.3.2: Level 2 
3.3.3: Level 3    
3.3.4: Level 4    
3.3.5: Level 5 
3.4: Global Autonomous truck market by Sensor Type 
3.4.1: LiDAR 
3.4.2: Radar 
3.4.3: Camera 
3.4.4: Ultrasonic 
3.5: Global Autonomous truck market by End Use 
3.5.1: Logistics 
3.5.2: Constructions & Manufacturing 
3.5.3: Mining 
3.5.3: Port 
 
4. Market Trends and Forecast Analysis by Region
4.1: Global Autonomous truck Market by Region
4.2: North American Autonomous truck Market
4.2.1: Market by Level Of Autonomy: Level 1, Level 2, Level 3, Level 4 And Level 5
4.2.2: Market by Sensor Type: Ultrasonic, Camera, Radar And Lidar
4.2.3: Market by End Use: Logistics, Construction & Manufacturing, Mining And Port
4.2.4: The US Autonomous truck Market
4.2.5: Canadian Autonomous truck Market
4.2.6: Mexican Autonomous truck Market
4.3: European Autonomous truck Market
4.3.1: Market by Level Of Autonomy: Level 1, Level 2, Level 3, Level 4 And Level 5
4.3.2: Market by Sensor Type: Ultrasonic, Camera, Radar And Lidar
4.3.3: Market by End Use: Logistics, Construction & Manufacturing, Mining And Port
4.3.4: Autonomous truck Market of the United Kingdom
4.3.5: German Autonomous truck Market
4.4: APAC Autonomous truck Market
4.4.1: Market by Level Of Autonomy: Level 1, Level 2, Level 3, Level 4 And Level 5
4.4.2: Market by Sensor Type: Ultrasonic, Camera, Radar And Lidar
4.4.3: Market by End Use: Logistics, Construction & Manufacturing, Mining And Port
4.4.4: Chinese Autonomous truck Market
4.4.5: Japanese Autonomous truck Market
4.4.6: Indian Autonomous truck Market
4.5: ROW Autonomous truck Market
4.5.1: Market by Level Of Autonomy: Level 1, Level 2, Level 3, Level 4 And Level 5
4.5.2: Market by Sensor Type: Ultrasonic, Camera, Radar and Lidar
4.5.3: Market by End Use: Logistics, Construction & Manufacturing, Mining and Port
4.5.4: Middle Eastern Autonomous truck Market
4.5.5: Brazilian Autonomous truck Market
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis
 
6. Cost Structure Analysis
6.1: Raw Material Cost
6.2: Other Expenses
6.3: COGS
6.4: SG&A
6.5: EBITDA Margin
 
7. Growth Opportunities and Strategic Analysis
7.1: Growth Opportunity Analysis
7.1.1: Growth Opportunities for the Global Autonomous truck market by Level of Autonomy 
7.1.2: Growth Opportunities for the Global Autonomous truck market by Sensor Type
7.1.3: Growth Opportunities for the Global Autonomous truck market by End Use
7.1.4: Growth Opportunities for the Global Automotive truck Market by Region
7.2: Emerging Trends in the Global Autonomous truck Market
7.3: Strategic Analysis
7.3.1: New Product Development
7.3.2: Capacity Expansion of the Global Autonomous truck Market
7.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Autonomous truck Market
7.3.4: Certification and Licensing
 
8. Company Profiles of Leading Players
8.1: BMW AG 
8.2: AB Volvo 
8.3: Ford Motor Co 
8.4: General Motor Company 
8.5: Robert Bosch GmbH 
8.6: Delphi Automotive PLC 
8.7: Uber Technologies Inc 
8.8: Tesla Inc 
8.9: Volkswagen AG
8.10: Embark Trucks
 
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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