Semi-autonomous truck market size is projected to reach 3,254 thousand units by 2027, from an estimated 948 thousand units in 2020, at a CAGR of 28%.
Semi-automatic trucks run longer distances with less manpower. Semi-auto trucks can control all safety functions themselves and control the detection and driving conditions around them. This allows the driver to regain control that provides ample changeover time. Semi-automatic trucks can reduce traffic congestion and deliver goods and services efficiently. This factor is expected to further revitalize the semi-autonomous truck market. Semi-automatic trucks improve fuel efficiency because they can accelerate or decelerate more effectively than drivers.
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Key players operating in the global semi-autonomous truck market include Mitsubishi Fuso, Isuzu, Nissan motor, Daimler, Continental Ag, Bosch, Ford Motor, Delphi Automotive, Volvo, and Cisco Systems Inc.
Semi-Autonomous Truck market can be segmented based
- on truck class,
- technology,
- component,
- level of automation,
- powertrain, and region.
- In terms of truck class,
the semi-autonomous truck market can be classified into class one truck and seven more segments.
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Scope of the Report
The research study analyzes the global Semi-Autonomous Truck industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Semi-Autonomous Truck Market Report
1. What was the Semi-Autonomous Truck Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027)
2. What will be the CAGR of Semi-Autonomous Truck Market during the forecast period (2019-2025)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027
4. Which manufacturer/vendor/players in the Semi-Autonomous Truck Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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