DUBLIN--(BUSINESS WIRE)--The "Semi-autonomous & Autonomous Truck Market by ADAS Feature (ACC, AEB, BSD, HP, IPA, LKA & TJA), Sensor (Camera, LiDAR, Radar, & Ultrasonic), Level of Automation (L1-L5), Truck Class (Class 1 to Class 8), Propulsion & Region - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The semi-autonomous truck market is estimated to be 260.1 thousand units in 2018 and is projected to reach 1,132.3 thousand units by 2025, at a CAGR of 23.38%.
The autonomous truck market is estimated to be 15.2 thousand units in 2025 and is projected to reach 81.8 thousand units by 2030, at a CAGR of 39.96%. Increase in demand for an efficient, reliable, and safe mode of transportation would propel the growth of semi-autonomous and autonomous truck market.
Automatic Emergency Braking and Adaptive Cruise Control are estimated to be the largest markets in the semi-autonomous truck market. These are followed by Lane Assist and Blind Spot Detection. Government mandates regarding the compulsory use of AEB system and Lane Departure Warning in commercial vehicles in Europe, South Korea, and the US are expected to drive the market.
The Asia Pacific region consists of home-grown, innovative automotive truck manufacturing companies as well as foreign players in countries such as China, Japan, and South Korea, which supports the growth of semi-autonomous and autonomous truck market. The Asia Pacific region is projected to be the second largest market for semi-autonomous truck and the third largest market for autonomous truck in 2025 and 2030, respectively.
- Didi Chuxing
- Texas Instruments
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Semi-Autonomous Truck Market, By Adas Features
7 Semi-Autonomous and Autonomous Truck Market, By Level of Automation
8 Semi-Autonomous and Autonomous Truck Market, By Propulsion
9 Semi-Autonomous and Autonomous Truck Market, By Sensor Type
10 Semi-Autonomous Truck Market, By Truck Class
11 Semi-Autonomous Truck Market, By Region
12 Autonomous Truck Market, By Region
13 Competitive Landscape
14 Company Profiles
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