Product Code: IAS181B
Highlights:
The global market for autonomous trucks is expected to grow from $3.3 billion in 2023 to over $6.9 billion by the end of 2028, at a compound annual growth rate (CAGR) of 16.2% during the forecast period of 2023-2028.
The software segment of the global autonomous trucks market is expected to grow from $2.4 billion in 2023 to $5.1 billion by 2028, at a CAGR of 16.7% during the forecast period of 2023-2028.
The hardware segment of the global autonomous trucks market is expected to grow from $919.9 million in 2023 to $1.8 billion by 2028, at a CAGR of 14.9% during the forecast period of 2023-2028.
Report Scope:
This report provides an overview of the global market for autonomous trucks and analyses market trends. Using 2022 as the base year, the report provides estimated market data for the forecast period 2023 through 2028. Revenue forecasts for this period are segmented based on component, autonomy, propulsion type, truck type, end use, and region.
The report also focuses on the major trends and challenges that affect the market and the competitive landscape. It explains the current market trends and provides detailed profiles of the major players and their strategies to enhance their market presence. The report estimates the size of the global autonomous trucks market in 2023 and provides projections of the expected market size through 2028.
Report Includes:
- 40 data tables and 36 additional tables
- An overview of the global market for autonomous trucks
- Analysis of global market trends, featuring historical revenue data for 2022, estimated figures for 2023, as well as forecasts for 2024, 2026 and 2028, including projections for compound annual growth rates (CAGRs) through 2028
- Evaluation of the current market size and revenue growth prospects, accompanied by a market share analysis by component, autonomy, propulsion type, truck type, end use and geographical region
- Coverage of evolving technologies such as automated braking systems, emergency lane assists systems, connectivity systems and navigation systems, and a discussion of their impact on the future of the automobile industry
- Analysis of the current and future market potential and the regulatory framework and reimbursement scenarios
- Review of patents, product pipelines, ESG trends and emerging technologies related to autonomous trucks
- Market share analysis of the key companies and coverage of mergers & acquisitions, joint ventures, collaborations and partnerships, as well as a patent analysis
- Profiles of leading market participants
Table of Contents
Chapter 1 Introduction
- Overview
- Study Goals and Objectives
- Reasons for Doing the Study
- Scope of Report
- What's New in this Update?
- Research Methodology
- Information Sources
- Geographic Breakdown
- Segmentation Breakdown
Chapter 2 Summary and Highlights
- Market Outlook
- Market Summary
Chapter 3 Market Overview
- Overview
- Value Chain Analysis
- PESTEL Analysis
- Government Regulations
- Porter's Five Forces Analysis
- Threat of New Entrants
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Industry Competition
- Autonomous Trucks: Looking Ahead
- The Russia-Ukraine War's Impact on the Market
Chapter 4 Market Dynamics
- Overview
- Market Drivers
- Growing Emphasis on Improved Road Safety and Traffic Control
- Reduced Emissions and Higher Fuel Efficiency of Autonomous Trucks
- Improved Technological Landscape
- Market Challenges
- Inconsistent Regulatory Framework
- Lack of IT and Communication Infrastructure in Developing Nations
- Market Opportunities
- Growth of Connected Infrastructures
- Development of Intelligent Transportation Systems
Chapter 5 Emerging Technologies and Developments
- Overview
- Future Scope of Autonomous Trucks
- Application of Emerging Technologies in Autonomous Trucks
- Artificial Intelligence
- Machine Learning
- Advanced Driver-Assistance System
- Light Detection and Ranging
Chapter 6 Market Breakdown by Component
- Overview
- Software
- Hardware
Chapter 7 Market Breakdown by Autonomy
- Overview
- Semi-Autonomous
- Full Autonomous
Chapter 8 Market Breakdown by Propulsion Type
- Overview
- IC Engines
- Electric
- Hybrid
Chapter 9 Market Breakdown by Truck Type
- Overview
- Light-Duty
- Medium-Duty
- Heavy-Duty
Chapter 10 Market Breakdown by End Use
- Overview
- Logistics and Transportation
- Manufacturing
- Mining
- Other End Use
- Port
- Oil and Gas
- Chemicals
- Agriculture
- Construction
Chapter 11 Market Breakdown by Region
- Overview
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The U.K.
- Germany
- Asia-Pacific
- China
- India
- Japan
- Rest of the World
Chapter 12 Sustainability in Autonomous Trucks Industry: An ESG Perspective
- Key ESG Issues in the Autonomous Trucks Market
- Carbon Footprint/Environmental Impact
- Animal Welfare
- Labor Practices
- Transparency and Governance
- Autonomous Trucks Market ESG Performance Analysis
- Environmental Performance
- Social Performance
- Governance Performance
- Current Status of ESG Risk Ratings and Levels for Companies in the Autonomous Trucks Market
- Consumer Attitudes Towards ESG in the Autonomous Trucks Market
- ESG Practices in the Autonomous Trucks Market
- Case Study
- Environmental Initiatives
- Social Initiatives
- Governance Initiatives
- Outcomes
- Investments
- Concluding Remarks from BCC Research
Chapter 13 Patent Analysis
- Overview
- Granted Patents (2020-2023)
- Recently Awarded Patents
Chapter 14 M&A and Venture Funding Outlook
- Mergers and Acquisitions Analysis
- Startup Fundings in Autonomous Trucks Market
Chapter 15 Competitive Intelligence
- Vendor Landscape
- Market Share Analysis
- Volvo AB
- Paccar Inc.
- Mercedes-Benz Group AG
- Traton Group
- TuSimple Inc.
- Strategic Analysis
Chapter 16 Company Profiles
- AB VOLVO
- APTIV
- CATERPILLAR
- CONTINENTAL AG
- DENSO CORP.
- EINRIDE
- KODIAK ROBOTICS INC.
- MERCEDES-BENZ GROUP AG
- PACCAR INC.
- ROBERT BOSCH GMBH
- TESLA INC.
- TUSIMPLE HOLDINGS INC.
- WAYMO LLC
Chapter 17 Appendix: Abbreviations