Automated Truck – Global Market Outlook (2019-2027)

smrc-logo-lg-300x81-2267994Global Automated Truck Market is expected to reach $2.22 billion by 2027 growing at a CAGR of 16.6% during 2019 to 2027.

Some of the key players in Automated Truck Market include Continental AG, Daimler AG, DENSO Corporation, Intel Corporation, NVIDIA, Caterpillar Inc., ZF Friedrichshafen AG, AB Volvo, Aptiv, EMBARK, Valeo, Hitachi Ltd., Qualcomm Technologies, Inc., Robert Bosch GmbH, Komatsu Corporation, and Delphi Automotive PLC.

Some of the key factors propelling the market growth include rising awareness of the effects of air pollution, increasing rates of traffic & noise exposure, shortage of trucks drivers, and increased supply of goods and materials to various end users. However, privacy and safety issues related to operating software access to data are restraining the market growth.

Request for sample here:

An automated truck also known as self-driving truck, is able to run on the roads even without any physical presence of a human being. It incorporates advanced technological system like improved quality sensors and cameras and eliminates the requirement of a driver of stirring the wheel. Moreover, it vastly relies on satellites, guided systems and ground sensors. The inbuilt system identifies any impediments and relevant obscurity to give proper navigation to the trucks to run without any obstacle.

By end user, the logistics segment of the automated truck market is anticipated to expand at a rapid pace during the forecast period, owing to the large consumer base for trucks in the logistics industry. The growing consumer digital purchasing conduct has enhanced a desire for streamlined logistics in fleet managers seeking to reduce their operating costs. The logistics sector is therefore at the forefront of the automated truck adoption curve.

Access the complete report at:

On the basis of geography, the Asia Pacific region is expected to have considerable market growth during the forecast period, owing to large and highly advanced mines in the world. Furthermore, the demand for automated trucks in the logistics industry is likely to rise in countries such as Japan, Singapore, and China, due to the presence of large logistics and transport industries in these countries. The decline in the young and working population in Japan is anticipated to rapidly boost the automated truck market in the country in the near future.

Make an inquiry at:

Sensors Covered: • Camera • Radar


Automation Levels Covered: • Level 1 • Level 2 • Level 3 • Level 4

• Level 5

Truck Types Covered: • Heavy Duty Truck • Medium Duty Truck • Cab Integrated Trucks

• Cabless Trucks

Propulsions Covered: • Hybrid • Electric

• Diesel

Vehicle Classes Covered: • Ultra Class Trucks • Class 8

• Class 9

End Users Covered: • Mining • Logistics • Ports • Construction • Transportation

• Retail

Regions Covered:

• North America o US o Canada o Mexico • Europe o Germany o France o Italy o UK o Spain o Rest of Europe • Asia Pacific o Japan o China o India o Australia o New Zealand o South Korea o Rest of Asia Pacific • South America o Argentina o Brazil o Chile o Rest of South America • Middle East & Africa o Saudi Arabia o UAE o Qatar o South Africa

o Rest of Middle East & Africa

What our report offers: – Market share assessments for the regional and country level segments – Market share analysis of the top industry players – Strategic recommendations for the new entrants – Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets – Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) – Strategic recommendations in key business segments based on the market estimations – Competitive landscaping mapping the key common trends – Company profiling with detailed strategies, financials, and recent developments

– Supply chain trends mapping the latest technological advancements

Follow us on Twitter:

Follow us on LinkedIn at:

About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info: Name: James Lamb

Email: Send Email

Organization: Stratistics Market Research Consulting Pvt Ltd Phone: +1-301-202-5929


You May Also Like