Reports

Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

Global Semi-Autonomous and Autonomous Truck Market: By Sensor Type: LiDAR, Radar, Image, Others; By Application; By ADAS Feature; By Level of Automation; By Propulsion Type; By Truck Class; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Semi-Autonomous and Autonomous Truck Market Outlook

The global semi-autonomous and autonomous truck market is expected to grow in the forecast period of 2022-2027 at a CAGR of 27.50%.

 

The Asia Pacific to be one of the Leading Regions in the Semi-Autonomous and Autonomous Truck Industry

The Asia Pacific is expected to witness a robust growth in the forecast period. This can be associated with China and Japan's rapid progress toward vehicle automation, especially mining and delivery trucks, and increasing safety regulations by various countries. The Asia Pacific is expected to be one of the fastest-growing regions in both the semi-autonomous and autonomous truck industry during the forecast period.

 

Global Semi-Autonomous and Autonomous Truck Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

South Korea's Transport Ministry has mandated autonomous emergency braking and lane departure warning systems in passenger cars beginning from January 2019 and in trucks and other vehicles starting from July 2021. Meanwhile, North America is a pioneer in autonomous technology, pickup trucks, which are equipped with innovative semi-autonomous features. The leading automotive manufacturing companies such as Ford and General Motors are increasingly providing pickup trucks services in the region. These factors are expected to aid the global semi-autonomous and autonomous truck industry in the forecast period.

 

Semi-Autonomous and Autonomous Truck: Market Segmentation

Automated trucks can do all the driving with minimal human interference in certain circumstances. The system controls the steering, acceleration, and braking, further monitoring the driving environment, along with dynamic driving tasks. On the other hand, in the case of semi-autonomous trucks, the driver is responsible for driving the vehicle while the technology is utilised to provide the driver with advanced safety features.

By sensor type, the market can be distributed into:

  • LiDAR
  • Radar
  • Image
  • Ultrasonic
  • Others

The market can be broadly categorised, on the basis of application, into:

  • Last Mile Delivery Truck
  • Mining Truck

On the basis of ADAS feature, the market can be segregated into:

  • Adaptive Cruise Control (ACC)
  • Automatic Emergency Braking (AEB)
  • Blind Spot Detection (BSD)
  • Intelligent Park Assist (IPA)
  • Lane Keep Assist (LKA)
  • Traffic Jam Assist (TJA)
  • Highway Pilot (HP)

On the basis of level of automation, the market can be segmented into:

  • Level 1
  • Level 2 and 3
  • Level 4
  • Level 5

Based on propulsion type, the market can be classified into:

  • Diesel 
  • Electric
  • Hybrid

On the basis of truck class, the market can be divided:

  • Class 1- Class 3(Light Duty Truck)
  • Class 4- Class 6 (Medium Duty Truck)
  • Class 7 and Class 8

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Growing Adoption of Emerging Technologies to Augment the Growth of the Global Semi-Autonomous and Autonomous Truck Industry

Autonomous trucks provide improved safety, efficiency, and productivity and offer the potential to drastically reduce the frequency of road accidents. These vehicles observe the road safety rules and maintain a safe distance from other vehicles. These trucks, thus, assist in reducing the issues of traffic congestion while also increasing vehicle efficiency. Additionally, major corporations can reduce their total costs by utilising autonomous last-mile delivery trucks. Another major factor, which is expected to drive the demand for autonomous trucks for last-mile delivery applications is the reduced availability of delivery drivers and staff, as well as an increase in e-commerce activities. In addition, the increased logistic activities are also projected to lead to the growth of the semi-autonomous and autonomous truck industry in the forecast period.

 

Key Industry Players in the Global Semi-Autonomous and Autonomous Truck Market

The report presents a detailed analysis of the following key players in the global semi-autonomous and autonomous truck market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • AB Volvo
  • Robert Bosch GmbH
  • Continental AG
  • NVIDIA Corporation
  • Tesla, Inc.
  • Embark Trucks, Inc.
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical
and Forecast Market Analysis by Segment- Sensor Type, Application, ADAS Feature, Level of Automation, Propulsion Type, Truck Class, Region
Breakup by Sensor Type LiDAR, Radar, Image, Ultrasonic, Others
Breakup by Application Last Mile Delivery Truck, Mining Truck
Breakup by ADAS Feature Adaptive Cruise Control (ACC), Automatic Emergency Braking (AEB), Blind
Spot Detection (BSD), Intelligent Park Assist (IPA), Lane Keep Assist (LKA), Traffic Jam Assist (TJA), Highway Pilot (HP)
Breakup by Level of Automation Level 1, Level 2 and 3, Level 4, Level 5, 
Breakup by Propulsion Type Diesel, Electric, Hybrid
Breakup by Truck Class Class 1- Class 3 (Light Duty Truck), Class 4- Class 6 (Medium Duty Truck), Class 7 and Class 8
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered AB Volvo, Robert Bosch GmbH, Continental AG, NVIDIA Corporation, Tesla, Inc., Embark Trucks, Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface  
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Semi-Autonomous and Autonomous Truck Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Semi-Autonomous and Autonomous Truck Historical Market (2017-2021) 
    8.3    Global Semi-Autonomous and Autonomous Truck Market Forecast (2022-2027)
    8.4    Global Semi-Autonomous and Autonomous Truck Market by Sensor Type
        8.4.1    LiDAR
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Radar
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Image
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Ultrasonic
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Others
    8.5    Global Semi-Autonomous and Autonomous Truck Market by Application
        8.5.1    Last Mile Delivery Truck
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Mining Truck
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
    8.6    Global Semi-Autonomous and Autonomous Truck Market by ADAS Feature
        8.6.1    Adaptive Cruise Control (ACC)
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Automatic Emergency Braking (AEB)
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Blind Spot Detection (BSD)
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Intelligent Park Assist (IPA)
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2017-2021)
            8.6.4.3    Forecast Trend (2022-2027)
        8.6.5    Lane Keep Assist (LKA)
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2017-2021)
            8.6.5.3    Forecast Trend (2022-2027)
        8.6.6    Traffic Jam Assist (TJA)
            8.6.6.1    Market Share
            8.6.6.2    Historical Trend (2017-2021)
            8.6.6.3    Forecast Trend (2022-2027)
        8.6.7    Highway Pilot (HP)
            8.6.7.1    Market Share
            8.6.7.2    Historical Trend (2017-2021)
            8.6.7.3    Forecast Trend (2022-2027)
    8.7    Global Semi-Autonomous and Autonomous Truck Market by Level of Automation
        8.7.1    Level 1
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021)
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Level 2 and 3
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021)
            8.7.2.3    Forecast Trend (2022-2027)
        8.7.3    Level 4
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2017-2021)
            8.7.3.3    Forecast Trend (2022-2027)
        8.7.4    Level 5
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2017-2021)
            8.7.4.3    Forecast Trend (2022-2027)
    8.8    Global Semi-Autonomous and Autonomous Truck Market by Propulsion Type
        8.8.1    Diesel
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2017-2021)
            8.8.1.3    Forecast Trend (2022-2027)
        8.8.2    Electric
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2017-2021)
            8.8.2.3    Forecast Trend (2022-2027)
        8.8.3    Hybrid
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2017-2021)
            8.8.3.3    Forecast Trend (2022-2027)
    8.9    Global Semi-Autonomous and Autonomous Truck Market by Truck Class
        8.9.1    Class 1- Class 3 (Light Duty Truck)
            8.9.1.1    Market Share
            8.9.1.2    Historical Trend (2017-2021)
            8.9.1.3    Forecast Trend (2022-2027)
        8.9.2    Class 4- Class 6 (Medium Duty Truck)
            8.9.2.1    Market Share
            8.9.2.2    Historical Trend (2017-2021)
            8.9.2.3    Forecast Trend (2022-2027)
        8.9.3    Class 7 and Class 8
            8.9.3.1    Market Share
            8.9.3.2    Historical Trend (2017-2021)
            8.9.3.3    Forecast Trend (2022-2027)
    8.10    Global Semi-Autonomous and Autonomous Truck Market by Region
        8.10.1    Market Share
            8.10.1.1    North America
            8.10.1.2    Europe
            8.10.1.3    Asia Pacific
            8.10.1.4    Latin America
            8.10.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    AB Volvo
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Robert Bosch GmbH
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Continental AG
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    NVIDIA Corporation
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Tesla, Inc.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Embark Trucks, Inc.
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments

 

List of Key Figures and Tables

1.    Global Semi-Autonomous and Autonomous Truck Market: Key Industry Highlights, 2017 and 2027
2.    Global Semi-Autonomous and Autonomous Truck Historical Market: Breakup by Sensor Type (USD Million), 2017-2021
3.    Global Semi-Autonomous and Autonomous Truck Market Forecast: Breakup by Sensor Type (USD Million), 2022-2027
4.    Global Semi-Autonomous and Autonomous Truck Historical Market: Breakup by Application (USD Million), 2017-2021
5.    Global Semi-Autonomous and Autonomous Truck Market Forecast: Breakup by Application (USD Million), 2022-2027
6.    Global Semi-Autonomous Truck Historical Market: Breakup by ADAS Feature (USD Million), 2017-2021
7.    Global Semi-Autonomous Truck Market Forecast: Breakup by ADAS Feature (USD Million), 2022-2027
8.    Global Semi-Autonomous and Autonomous Truck Historical Market: Breakup by Level of Automation (USD Million), 2017-2021
9.    Global Semi-Autonomous and Autonomous Truck Market Forecast: Breakup by Level of Automation (USD Million), 2022-2027
10.    Global Semi-Autonomous and Autonomous Truck Historical Market: Breakup by Propulsion Type (USD Million), 2017-2021
11.    Global Semi-Autonomous and Autonomous Truck Market Forecast: Breakup by Propulsion Type (USD Million), 2022-2027
12.    Global Semi-Autonomous and Autonomous Truck Historical Market: Breakup by Truck Class (USD Million), 2017-2021
13.    Global Semi-Autonomous and Autonomous Truck Market Forecast: Breakup by Truck Class (USD Million), 2022-2027
14.    Global Semi-Autonomous and Autonomous Truck Historical Market: Breakup by Region (USD Million), 2017-2021
15.    Global Semi-Autonomous and Autonomous Truck Market Forecast: Breakup by Region (USD Million), 2022-2027
16.    North America Semi-Autonomous and Autonomous Truck Historical Market: Breakup by Country (USD Million), 2017-2021
17.    North America Semi-Autonomous and Autonomous Truck Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Europe Semi-Autonomous and Autonomous Truck Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Europe Semi-Autonomous and Autonomous Truck Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Asia Pacific Semi-Autonomous and Autonomous Truck Historical Market: Breakup by Country (USD Million), 2017-2021
21.    Asia Pacific Semi-Autonomous and Autonomous Truck Market Forecast: Breakup by Country (USD Million), 2022-2027
22.    Latin America Semi-Autonomous and Autonomous Truck Historical Market: Breakup by Country (USD Million), 2017-2021
23.    Latin America Semi-Autonomous and Autonomous Truck Market Forecast: Breakup by Country (USD Million), 2022-2027
24.    Middle East and Africa Semi-Autonomous and Autonomous Truck Historical Market: Breakup by Country (USD Million), 2017-2021
25.    Middle East and Africa Semi-Autonomous and Autonomous Truck Market Forecast: Breakup by Country (USD Million), 2022-2027
26.    Global Semi-Autonomous and Autonomous Truck Market Structure

Key Questions Answered in the Report

The global semi-autonomous and autonomous truck market is projected to grow at a CAGR of 27.50% between 2022 and 2027.

The rising use of semi-autonomous and autonomous trucks in the logistics industry for the delivery of goods to increase efficiency is driving the market growth.

The market growth in the forecast period can be ascribed to the robust integration of advanced technology to improve safety, efficiency, and productivity of the vehicles used in road transportation.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The market segmentations based on sensor types are LiDAR, radar, image, and ultrasonic, among others.

The major applications of semi-autonomous and autonomous truck include last mile delivery truck and mining truck.

The significant ADAS features of semi-autonomous and autonomous truck are adaptive cruise control (ACC), automatic emergency braking (AEB), blind spot detection (BSD), intelligent park assist (IPA), lane keep assist (LKA) traffic jam assist (TJA), and highway pilot (HP).

The different levels of automation of semi-autonomous and autonomous truck are level 1, level 2 and 3, level 4, and level 5.

The various propulsion types of semi-autonomous and autonomous truck are diesel, electric, and hybrid.

The major truck classes of semi-autonomous and autonomous trucks include class 1-class 3 (light duty truck), class 4- class 6 (medium duty truck), and class 7 and class 8.

The major players in the industry are AB Volvo, Robert Bosch GmbH, Continental AG, NVIDIA Corporation, Tesla, Inc., and Embark Trucks, Inc., among others.

Analyst Review

The global semi-autonomous and autonomous truck market is being driven by the rising demand for the trucks in logistic industry. Aided by the increasing integration of latest technologies in semi-autonomous and autonomous trucks, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 27.50%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of sensor type, the semi-autonomous and autonomous truck industry can be segmented into LiDAR, radar, image, and ultrasonic, among others. Based on application, the market is divided into last mile delivery truck and mining truck. On the basis of ADAS features, the market can be categorised into adaptive cruise control (ACC), automatic emergency braking (AEB), blind spot detection (BSD), intelligent park assist (IPA), lane keep assist (LKA), traffic jam assist (TJA), and highway pilot (HP). By level of automation, the market can be divided into level 1, level 2 and 3, level 4, and level 5. On the basis of propulsion type, the market can be segmented into diesel, electric, and hybrid. Based on truck class, the market can be classified into class 1-class 3 (light duty truck), class 4- class 6 (medium duty truck), and class 7 and class 8. The major regional markets for semi-autonomous and autonomous truck are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include AB Volvo, Robert Bosch GmbH, Continental AG, NVIDIA Corporation, Tesla, Inc., and Embark Trucks, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$2699
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$3699
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$4699
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER