According to Fact.MR, automated trucks demand is slated to touch an impressive valuation of nearly US$ 1.5 Bn by 2031 up from US$ 210 Mn 2020. The market is expected to grow 7x during the forthcoming forecast period. Extensive reliance on automation to streamline transport and logistics and efforts to mitigate road accidents is increasing popularity of automated trucks. End users are inclining towards light detection and ranging (LiDAR) equipped trucks, attributed to their exhaustive coverage of corner cases during driving.
The report also offers key trends of Automated Truck market and an in-depth analysis of how the projected growth factors will shape the Automated Truck market dynamics in the coming years of the forecast period.
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Key Segments Covered
- Truck Type
- Cab-Integrated Automotive Truck
- Cabless Automotive Truck
- End Use Industry
- Automotive Trucks for Mining
- Automotive Trucks for Logistics
- Class
- Class 8 & Class 9 Automotive Trucks
- Ultra-Class Automotive Trucks
- Sensor
- LiDAR Automotive Trucks
- RADAR Automotive Trucks
- Camera-based Automotive Trucks
- Other Sensor-based Automotive Trucks
- Autonomy Level
- Level 3 Automotive Truck
- Level 4 Automotive Truck
- Level 5 Automotive Truck
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This report gives you access to decisive data such as:
- Demand of Automated Truck Market & Growth drivers
- Factors limiting Automated Truck market growth
- Current key trends of Automated Truck Market
- Market Size of Automated Truck and Automated Truck Sales projections for the coming years
Crucial insights in Automated Truck market research report:
- Underlying macro- and microeconomic factors impacting the Sales of Automated Truck market.
- Basic overview of the Automated Truck, including market definition, classification, and applications.
- Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
- Adoption trend and supply side analysis of Automated Truck across various industries.
- Important regions and countries offering lucrative opportunities to market stakeholders.
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The Market insights of Automated Truck will improve the revenue impact of businesses in various industries by:
- Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Automated Truck Market
- Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Automated Truck market and offers solutions
- Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
- Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
- Helping leading companies make strategy recalibrations ahead of their competitors and peers
- Offers insights into promising synergies for top players aiming to retain their leadership position in the market & supply side analysis of Automated Truck market .