Worldwide revenue from autonomous trucks and buses is expected to reach a value of $35 billion by the end of 2022
Light Trucks, Medium Trucks, Heavy Trucks, Very Heavy Trucks, Shuttles/Minibuses, and Coaches/Single Deck Buses: Global Market Analysis and Forecasts
NEW YORK, Jan. 30, 2018 /PRNewswire/ -- Read the full report: https://www.reportlinker.com/p05300613
There has been an explosion of interest in self-driving vehicles in recent years. Technology and automobile giants are investing significant amounts of capital to secure a strong position in the driverless future, and at the same time, all players ranging from component vendors to municipalities are actively assessing their roles in the ecosystem.
There is no doubt that the commercial availability and adoption of the driverless vehicle will disrupt many industries. One of the industries that has already started feeling the disruption is the trucking sector, the backbone of every supply chain.
The public transport industry is also not far behind as automated shared mobility and rapid transit networks begin to change the landscape of last-mile passenger transportation. By taking more cars off the road, self-driving shuttles and coaches promise cleaner air, reduced noise pollution, and safer areas to walk and ride.
Overall, the potential for autonomous trucks and buses is huge and market growth is accelerating, with news of successful pilot projects coming at an increasing pace. Considering the next 2 to 3 years as a make or break time, several prominent companies are prioritizing investment for large-scale development.
Worldwide revenue from autonomous trucks and buses reached $84 million in 2017 and Tractica expects that the market will continue to develop at a strong pace over the next few years with more competition within the industry, providing significant opportunities to various industry participants, and reaching a value of $35 billion by the end of 2022.
During that period, Tractica forecasts that annual unit shipments will increase from approximately 343 vehicles in 2017 to 188,000 units in 2022.
This Tractica report examines the market and technology issues surrounding autonomous trucks and buses and provides 6-year market sizing and forecasts for their shipments and revenue during the period from 2017 through 2022. The report focuses on crucial market drivers and challenges and assesses the most important technology issues that could influence market development.
In total, 32 industry players are profiled. Market forecasts are segmented by world region and vehicle type.
Key Questions Addressed:
What is the current state of technology and market development for autonomous trucks and buses? How will the market evolve over the next 6 years?
What are the key drivers of market growth, and the key challenges faced by the industry?
What are the bottlenecks in technology development?
Who are the important players in the market, and what are their products and services?
What are the future pricing trends for different vehicle types?
Who Needs This Report?
Automotive manufacturers
Automotive suppliers
Semiconductor, component, and sensor vendors
Software companies
Telecommunications and insurance companies
Industrial automation vendors
Industry associations
Government agencies
Investor community
Key Market Forecasts
• Autonomous Trucks and Buses Shipments by Region, World Markets: 2017-2022
• Autonomous Trucks and Buses Revenue by Region, World Markets: 2017-2022
• Autonomous Trucks and Buses Average Selling Price by Region, World Markets: 2017-2022
• Autonomous Trucks and Buses Shipments by Vehicle Type, World Markets: 2017-2022
• Autonomous Trucks and Buses Revenue by Vehicle Type, World Markets: 2017-2022
• Autonomous Trucks and Buses Average Selling Price by Vehicle Type, World Markets: 2017-2022
Technologies
• Navigation Autonomy
• Machine Vision
• Voice and Speech Recognition
• Object Identification
• Truck Platooning
• Lane Departure Warning System
• Machine Learning/Deep Learning
• Motion Planning
• Turning Assist
• Autonomous Haulage System
• Intelligent Transport Systems
• Human Machine Interface
• Natural Language Processing
• Vehicle-to-Everything
• Vehicle-to-Infrastructure (V2I)
• Vehicle-to-Vehicle (V2V)
• 5G Networks
Vehicle Types
• Light Trucks
• Medium Trucks
• Heavy Trucks
• Very Heavy Trucks
• Shuttles / Minibuses
• Coaches / Single Deck Buses
Geographies
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Read the full report: https://www.reportlinker.com/p05300613
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