Autonomous Trucks Market Analysis Report 2017-2027
LONDON, August 11, 2017 /PRNewswire/ --
Forecasts For Driverless, Self-Driving Vehicles By Sensor (Radar, Lidar, Image Sensor, Ultrasonic), By Hardware & Software (Communication Systems, Cameras, Gps System), By Type (Function-Specific Automation, Combined Function Automation, Limited Self-Driving Automation, Full Self-Driving Automation) Plus Profiles Of Leading Companies
Significant research & development work is occurring into autonomous trucks for commercial uses. This is especially the case in repetitive applications where autonomous vehicles can excel, for example, in mining, construction, logistics, military, and delivery applications. Visiongain indicates that the global autonomous trucks market will reach $26bn in 2027.
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The advantages of autonomous trucks go beyond simply not requiring a driver as there are many other advantages. Human drivers become tired and cannot work 24/7. Driver error contributes to approximately 90% of traffic accidents, so if the technology can be perfected, autonomous trucks will in theory reduce crashes by up to 90%. Another major feature of autonomous truck is lower fuel consumption. Autonomous trucks also provide significant other advantages including congestion reductions, and pollution reduction benefits among others. Thus, is encouraging truck owners to upgrade their vehicles to the latest autonomous trucks.
Why is this report relevant right now?
Tesla inc has undertaken investments in order to strengthen and expand its business in the autonomous trucks market. In april 2017, the company announced it was
opening a division for autonomous trucks. The key focus of the company is to expand its market position around the world.
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Report highlights
248 tables, charts, and graphs
Analysis of key players in autonomous trucks technologies
• bmw ag
• ab volvo
• ford motor co.
• general motor company
• robert bosch gmbh
• delphi automotive plc
• google inc
• uber technologies inc.
• tesla inc.
• volkswagen ag
Global autonomous trucks market outlook and analysis from 2076-2027