Leaders demonstrate exceptional technology development, strong supplier relationships, and a viable business model
BOULDER, Colo., Oct. 20, 2022 /PRNewswire/ -- A new report from Guidehouse Insights examines the competitive landscape for companies developing automated driving system (ADS) technology for medium and heavy-duty trucks.
ADS technology is continuing a slow march toward becoming sufficiently mature to enable broad commercial deployments. As the work progresses, there are enormous capital requirements for development of the core technologies and the supporting services and platforms to enable that deployment. Those companies that had a reasonably strong capital base have been trying to reduce spending where they can and focus on market segments that are seen as having the best near term commercial potential. Among those segments are medium- and heavy-duty trucking. According to a Leaderboard report from Guidehouse Insights, Waymo, Aurora Innovation, and TuSimple are the leading vendors developing ADS technology for trucks.
"Many see goods delivery as a more viable early ADS application because of lower unit costs associated with more predictable operations and the ability to select routes that can be reliably and safely operated," says Sam Abuelsamid, principal analyst with Guidehouse Insights. "The operational design domain for trucks that carry freight rather than passengers is simpler than that for urban robotaxis. For long-haul trucking, the absence of intersections and vulnerable road users also simplifies the driving task, although the higher speeds and heavier weights require longer distance sensing capability."
The impetus for developing ADS for trucks stems from several factors. Among the many lasting impacts of the COVID-19 pandemic is a shortage of labor in many fields. Prior to the pandemic, new regulations that limited the number of hours long-haul drivers could work in a day combined with the job's difficulty to make driver recruiting challenging. A second factor is that drivers represent a significant portion of the cost of operating trucks. An additional goal is improving safety and reducing the number of crashes and fatalities, according to the report.
The report, Guidehouse Insights Leaderboard Report: Automated Trucking, assesses which companies are best equipped to be the Leaders in the development of ADS for medium and heavy duty trucks. The Leaderboard quantifies the current relative position of each of the major players as the latest features are being developed and commercialized to help drivers and improve safety. An executive summary of the report is available for free download on the Guidehouse Insights website.
Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today's rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team's research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.
Guidehouse is a leading global provider of consulting services to the public sector and commercial markets, with broad capabilities in management, technology, and risk consulting. By combining our public and private sector expertise, we help clients address their most complex challenges and navigate significant regulatory pressures focusing on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that help our clients outwit complexity and position them for future growth and success. The company has approximately 16,000 professionals in over 50 locations globally. Guidehouse is a Veritas Capital portfolio company, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit www.guidehouse.com.
* The information contained in this press release concerning the report, Guidehouse Insights Leaderboard Report: Automated Trucking, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report's conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.
For more information, contact:
Cecile Fradkin
+1.646.941.9139
[email protected]
SOURCE Guidehouse Insights
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