Semi-autonomous & Autonomous Truck Market Size, Share, Trends, Growth, Analysis, Research

  • According to the new market research report “Semi-autonomous & Autonomous Truck Market” by ADAS Technology (Automated Emergency Braking (AEB), Automated Highway Driving (AHD), Lane Detection (LD), Automated Parking (AP), Blind Spot Detection (BSD), Adaptive Cruise Control (ACC), and Others) by Propulsion (Diesel, Electric and Hybrid) by Sensor Type (LiDAR Sensor, Ultrasonic Sensor, Radar, Cameras and Others) by Automation Level (Level 1 — Driver Assistance, Level 2 — Partial Automation, Level 3 — Conditional Automation, Level 4 — High Automation, Level 5 — Full Automation) by Truck Type (Light Duty Truck, Medium Duty Truck, and Heavy Duty Truck) by Region (Asia Pacific, North America, Europe, Middle East & Africa, and South America) — Global Forecast from 2019 To 2027”, the global semi-autonomous & autonomous truck market is estimated to reach 1,705 (thousand) units in 2027 at a CAGR of 31.7% during forecast period 2019–2027.
  • Rising awareness towards safety & security is expected to drive the semi-autonomous & autonomous truck market during the forecast period
  • However, the cyber security issue is expected to restrain the market growth during the forecast period
  • The growing adoption of electric & hybrid trucks has expected to drive the semi-autonomous & autonomous truck market during the forecast period
  • Rising vehicle accidents worldwide is driving the demand for automotive safety & security. Hence rising awareness towards safety & security has expected to drive the semi-autonomous & autonomous truck market during the forecast period.
  • Ongoing cyber threats can act as a restraint to the market growth
  • Rising demand for semi-autonomous and autonomous truck platooning is expected to open up new growth avenues for the market in the near future
  • Stringent regulatory policy for automated vehicles is likely to act as a challenge for market growth
  • Asia-Pacific
  • Europe
  • Robert Bosch GmbH:
  • Continental AG:

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