Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Autonomous Commercial Vehicles Market by Type (Trucks, Buses), By Application (Industrial Application, Mining, Port, Public Transport, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Autonomous Commercial Vehicles Market by Type (Trucks, Buses), By Application (Industrial Application, Mining, Port, Public Transport, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 350489 4200 Automobile & Transportation 377 120 Pages 4.7 (46)
                                          

Market Overview:


The global autonomous commercial vehicles market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for autonomous commercial vehicles across different applications, such as industrial application, mining, port and public transport. Additionally, the increasing focus on safety and efficiency is also driving the growth of this market. However, factors such as high initial cost and lack of infrastructure are restraining the growth of this market.


Global Autonomous Commercial Vehicles Industry Outlook


Product Definition:


Autonomous commercial vehicles are those that can operate without human input or oversight, making them ideal for tasks such as freight transport and package delivery. The importance of autonomous commercial vehicles lies in their potential to revolutionize these industries by increasing efficiency and reducing costs.


Trucks:


Trucks are motor vehicles that are designed for the transportation of goods. They have a wide body, low center of gravity, and high load capacity. Trucks offer several benefits such as they can carry heavy loads over long distances without needing to be changed position; they provide safety in case of any emergency; and lastly, it helps in reducing fuel consumption as it uses tires as rolling stock.


Buses:


Buses are vehicles that are used to carry passengers and goods from one destination to another. They can be operated by a single driver or in multiple passenger service modes such as school buses, transit buses, luxury buses, sightseeing buses and many more. Buses have high load capacity than cars which helps them in carrying more passengers with ease. They also help reduce the overall weight of the vehicle which further reduces fuel consumption and increases efficiency making it a green alternative for transportation purpose.


Application Insights:


The autonomous commercial vehicles market is segmented by application into public transport, industrial, mining, port and other applications. The public transport application segment accounted for the largest share in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to increasing government funding for new transit systems as well as municipal governments investing in developing their own bus services. For instance, Transport for London¢â‚¬â„¢s current strategy outlines a plan to invest ¢â€š¹²£170 billion over 10 years on improving its bus service and expanding the Tube system by adding more trains and lines¢â‚¬ (Transport Strategy 2016). Such initiatives are anticipated to drive demand across major cities around the world.


Regional Analysis:


The North American regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand from end-users, such as logistics companies, port authorities, and public transport operators. Increasing adoption of autonomous vehicles in these sectors will lead to cost savings by reducing human error and enhancing safety.


Asia Pacific is projected to be one of the fastest growing regional markets due to rising investments from governments across various countries including China and Japan along with other emerging economies such as India and Singapore.


Growth Factors:


  • Increasing demand for Autonomous Commercial Vehicles from the logistics and transportation sector to improve efficiency and reduce cost.
  • Proliferation of Autonomous Commercial Vehicles technology due to increasing research and development activities by market players.
  • Growing demand for Autonomous Commercial Vehicles in emerging countries due to the increase in trade and commerce activities.
  • Rising awareness about the benefits of Autonomous Commercial Vehicles among end-users, which is expected to boost the market growth during the forecast period.

Scope Of The Report

Report Attributes

Report Details

Report Title

Autonomous Commercial Vehicles Market Research Report

By Type

Trucks, Buses

By Application

Industrial Application, Mining, Port, Public Transport, Others

By Companies

Daimler, Ford motor, Volvo, Tesla, Iveco, MAN, DAF, Scania, FAW, FOTON, CNHTC

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

120

Number of Tables & Figures

84

Customization Available

Yes, the report can be customized as per your need.


Global Autonomous Commercial Vehicles Market Report Segments:

The global Autonomous Commercial Vehicles market is segmented on the basis of:

Types

Trucks, Buses

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Industrial Application, Mining, Port, Public Transport, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Daimler
  2. Ford motor
  3. Volvo
  4. Tesla
  5. Iveco
  6. MAN
  7. DAF
  8. Scania
  9. FAW
  10. FOTON
  11. CNHTC

Global Autonomous Commercial Vehicles Market Overview


Highlights of The Autonomous Commercial Vehicles Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Trucks
    2. Buses
  1. By Application:

    1. Industrial Application
    2. Mining
    3. Port
    4. Public Transport
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Autonomous Commercial Vehicles Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

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Global Autonomous Commercial Vehicles Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Autonomous Commercial Vehicles (ACV) are self-driving trucks that can operate without a driver. They are designed to improve safety and efficiency for the freight industry, and they could have a significant impact on the economy.

Some of the major companies in the autonomous commercial vehicles market are Daimler, Ford motor, Volvo, Tesla, Iveco, MAN, DAF, Scania, FAW, FOTON, CNHTC.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Autonomous Commercial Vehicles Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Autonomous Commercial Vehicles Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Autonomous Commercial Vehicles Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Autonomous Commercial Vehicles Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Autonomous Commercial Vehicles Market Size & Forecast, 2020-2028       4.5.1 Autonomous Commercial Vehicles Market Size and Y-o-Y Growth       4.5.2 Autonomous Commercial Vehicles Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 Trucks
      5.2.2 Buses
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 Industrial Application
      6.2.2 Mining
      6.2.3 Port
      6.2.4 Public Transport
      6.2.5 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Autonomous Commercial Vehicles Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Autonomous Commercial Vehicles Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 Trucks
      9.6.2 Buses
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 Industrial Application
      9.10.2 Mining
      9.10.3 Port
      9.10.4 Public Transport
      9.10.5 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 Trucks
      10.6.2 Buses
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 Industrial Application
      10.10.2 Mining
      10.10.3 Port
      10.10.4 Public Transport
      10.10.5 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 Trucks
      11.6.2 Buses
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 Industrial Application
      11.10.2 Mining
      11.10.3 Port
      11.10.4 Public Transport
      11.10.5 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 Trucks
      12.6.2 Buses
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 Industrial Application
      12.10.2 Mining
      12.10.3 Port
      12.10.4 Public Transport
      12.10.5 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 Trucks
      13.6.2 Buses
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 Industrial Application
      13.10.2 Mining
      13.10.3 Port
      13.10.4 Public Transport
      13.10.5 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Autonomous Commercial Vehicles Market: Competitive Dashboard
   14.2 Global Autonomous Commercial Vehicles Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Daimler
      14.3.2 Ford motor
      14.3.3 Volvo
      14.3.4 Tesla
      14.3.5 Iveco
      14.3.6 MAN
      14.3.7 DAF
      14.3.8 Scania
      14.3.9 FAW
      14.3.10 FOTON
      14.3.11 CNHTC

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