Automated Truck Market
PUBLISHED: 2020 ID: SMRC20199
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Automated Truck Market

Automated Truck - Global Market Outlook (2019-2027)

4.1 (88 reviews)
4.1 (88 reviews)
Published: 2020 ID: SMRC20199

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Automated Truck Market is accounted for $0.65 billion in 2019 and is expected to reach $2.22 billion by 2027 growing at a CAGR of 16.6% during the forecast period. 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.

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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.

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.

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.

Sensors Covered:
• Camera
• Radar
• LiDAR

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
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- 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

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary     
      
2 Preface     

 2.1 Abstract    
 2.2 Stake Holders    
 2.3 Research Scope    
 2.4 Research Methodology    
  2.4.1 Data Mining   
  2.4.2 Data Analysis   
  2.4.3 Data Validation   
  2.4.4 Research Approach   
 2.5 Research Sources    
  2.5.1 Primary Research Sources   
  2.5.2 Secondary Research Sources   
  2.5.3 Assumptions   
      
3 Market Trend Analysis     
 3.1 Introduction    
 3.2 Drivers    
 3.3 Restraints    
 3.4 Opportunities    
 3.5 Threats    
 3.6 End User Analysis    
 3.7 Emerging Markets    
 3.8 Impact of Covid-19     
      
4 Porters Five Force Analysis     
 4.1 Bargaining power of suppliers    
 4.2 Bargaining power of buyers    
 4.3 Threat of substitutes    
 4.4 Threat of new entrants    
 4.5 Competitive rivalry    
      
5 Global Automated Truck Market, By Sensor     
 5.1 Introduction    
 5.2 Camera    
 5.3 Radar    
 5.4 LiDAR    
      
6 Global Automated Truck Market, By Automation Level     
 6.1 Introduction    
 6.2 Level 1    
 6.3 Level 2    
 6.4 Level 3    
 6.5 Level 4    
 6.6 Level 5    
      
7 Global Automated Truck Market, By Truck Type     
 7.1 Introduction    
 7.2 Heavy Duty Truck    
 7.3 Medium Duty Truck    
 7.4 Cab Integrated Trucks    
 7.5 Cabless Trucks    
      
8 Global Automated Truck Market, By Propulsion     
 8.1 Introduction    
 8.2 Hybrid    
 8.3 Electric    
 8.4 Diesel    
      
9 Global Automated Truck Market, By Vehicle Class     
 9.1 Introduction    
 9.2 Ultra Class Trucks    
 9.3 Class 8    
 9.4 Class 9    
      
10 Global Automated Truck Market, By End User     
 10.1 Introduction    
 10.2 Mining    
 10.3 Logistics    
 10.4 Ports    
 10.5 Construction    
 10.6 Transportation    
 10.7 Retail     
      
11 Global Automated Truck Market, By Geography      
 11.1 Introduction    
 11.2 North America    
  11.2.1 US   
  11.2.2 Canada   
  11.2.3 Mexico   
 11.3 Europe    
  11.3.1 Germany   
  11.3.2 UK   
  11.3.3 Italy   
  11.3.4 France   
  11.3.5 Spain   
  11.3.6 Rest of Europe   
 11.4 Asia Pacific    
  11.4.1 Japan   
  11.4.2 China   
  11.4.3 India   
  11.4.4 Australia   
  11.4.5 New Zealand   
  11.4.6 South Korea   
  11.4.7 Rest of Asia Pacific   
 11.5 South America    
  11.5.1 Argentina   
  11.5.2 Brazil   
  11.5.3 Chile   
  11.5.4 Rest of South America   
 11.6 Middle East & Africa    
  11.6.1 Saudi Arabia   
  11.6.2 UAE   
  11.6.3 Qatar   
  11.6.4 South Africa   
  11.6.5 Rest of Middle East & Africa   
      
12 Key Developments     
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures    
 12.2 Acquisitions & Mergers    
 12.3 New Product Launch    
 12.4 Expansions    
 12.5 Other Key Strategies    
      
13 Company Profiling     
 13.1 Continental AG    
 13.2 Daimler AG     
 13.3 DENSO Corporation    
 13.4 Intel Corporation    
 13.5 NVIDIA    
 13.6 Caterpillar Inc.    
 13.7 ZF Friedrichshafen AG    
 13.8 AB Volvo    
 13.9 Aptiv    
 13.10 EMBARK    
 13.11 Valeo    
 13.12 Hitachi Ltd.    
 13.13 Qualcomm Technologies, Inc.    
 13.14 Robert Bosch GmbH    
 13.15 Komatsu Corporation    
 13.16 Delphi Automotive PLC    


List of Tables      
1 Global Automated Truck Market Outlook, By Region (2018-2027) ($MN)     
2 Global Automated Truck Market Outlook, By Sensor (2018-2027) ($MN)     
3 Global Automated Truck Market Outlook, By Camera (2018-2027) ($MN)     
4 Global Automated Truck Market Outlook, By Radar (2018-2027) ($MN)     
5 Global Automated Truck Market Outlook, By LiDAR (2018-2027) ($MN)     
6 Global Automated Truck Market Outlook, By Automation Level (2018-2027) ($MN)     
7 Global Automated Truck Market Outlook, By Level 1 (2018-2027) ($MN)     
8 Global Automated Truck Market Outlook, By Level 2 (2018-2027) ($MN)     
9 Global Automated Truck Market Outlook, By Level 3 (2018-2027) ($MN)     
10 Global Automated Truck Market Outlook, By Level 4 (2018-2027) ($MN)     
11 Global Automated Truck Market Outlook, By Level 5 (2018-2027) ($MN)     
12 Global Automated Truck Market Outlook, By Truck Type (2018-2027) ($MN)     
13 Global Automated Truck Market Outlook, By Heavy Duty Truck (2018-2027) ($MN)     
14 Global Automated Truck Market Outlook, By Medium Duty Truck (2018-2027) ($MN)     
15 Global Automated Truck Market Outlook, By Cab Integrated Trucks (2018-2027) ($MN)     
16 Global Automated Truck Market Outlook, By Cabless Trucks (2018-2027) ($MN)     
17 Global Automated Truck Market Outlook, By Propulsion (2018-2027) ($MN)     
18 Global Automated Truck Market Outlook, By Hybrid (2018-2027) ($MN)     
19 Global Automated Truck Market Outlook, By Electric (2018-2027) ($MN)     
20 Global Automated Truck Market Outlook, By Diesel (2018-2027) ($MN)     
21 Global Automated Truck Market Outlook, By Vehicle Class (2018-2027) ($MN)     
22 Global Automated Truck Market Outlook, By Ultra Class Trucks (2018-2027) ($MN)     
23 Global Automated Truck Market Outlook, By Class 8 (2018-2027) ($MN)     
24 Global Automated Truck Market Outlook, By Class 9 (2018-2027) ($MN)      
25 Global Automated Truck Market Outlook, By End User (2018-2027) ($MN)     
26 Global Automated Truck Market Outlook, By Mining (2018-2027) ($MN)     
27 Global Automated Truck Market Outlook, By Logistics (2018-2027) ($MN)     
28 Global Automated Truck Market Outlook, By Ports (2018-2027) ($MN)     
29 Global Automated Truck Market Outlook, By Construction (2018-2027) ($MN)     
30 Global Automated Truck Market Outlook, By Transportation (2018-2027) ($MN)     
31 Global Automated Truck Market Outlook, By Retail  (2018-2027) ($MN)     
      
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above. 

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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