Market Overview:
The global autonomous haul trucks market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for autonomous haul trucks in various industrial applications, mining applications, port applications and others. The level 1 segment is expected to dominate the global autonomous haul trucks market during the forecast period owing to its low cost and easy installation as compared to other levels of autonomy. However, the level 5 segment is projected to grow at a higher CAGR owing to its high efficiency and performance. North America dominates the global autonomous haul trucks market followed by Europe and Asia Pacific.
Product Definition:
An autonomous haul truck is a self-driving truck that moves material from one location to another. These trucks are important because they can reduce the need for human drivers, which can improve safety and efficiency.
Level 1:
The Level 1 technology is the most basic form of automation. It can only determine the number and position of objects in a room, without understanding their exact shapes or sizes. However, it has been used effectively for household applications such as furniture positioning and shelf building. The technology is also being used to automate material handling in factories and warehouses which are further being deployed in various levels of automation including factory floor level (Level 2) and warehouse/distribution center level (Level 3).
Level 2:
The Level 2 autonomous haul trucks market is expected to witness significant growth over the forecast period owing to increasing demand for automation in the industry. The technology has been witnessing a rapid increase in adoption rate across various industries such as logistics, manufacturing, and transportation. This can be attributed to benefits offered by level 2 automated vehicles such as increased productivity and efficiency along with reduced human errors leading to safer transport of goods.
Application Insights:
The industrial application segment accounted for the largest share of more than 60.0% in 2017. The autonomous trucks are widely used in the industrial applications, such as material transportation, logistics and distribution, and food & beverage to name a few. The increasing need for automation in heavy-duty vehicles is expected to drive their demand over the forecast period.
The mining application segment is anticipated to witness significant growth over the forecast period owing to rising demand from various sectors including construction materials, agriculture products and chemicals among others.
Regional Analysis:
The Asia Pacific region is anticipated to witness the highest CAGR of XX% during the forecast period, owing to increasing demand from developing economies such as China and India. The regional market includes key countries such as Japan, South Korea, Singapore and Australia that are technologically advanced compared to other regions in terms of automation in trucks. These countries have a large number of manufacturers who are continuously investing in R&D for developing highly automated vehicles with enhanced safety features for haulage applications.
North America is expected to be one of the major markets over the forecast period owing to stringent regulations by government organizations regarding road accidents caused by driver distraction or manual interaction with vehicle systems like cruise control or lane departure warning system etc., which has led North America autonomous truck adoption rate higher than other regions globally.
Growth Factors:
- Increasing demand for goods and services due to population growth and rising standards of living
- Rising labor costs in developed countries
- Stringent government regulations on emissions and safety
- Advances in autonomous truck technology that improve efficiency, safety, and reliability
- Growing demand for freight transportation services due to the growth of e-commerce
Scope Of The Report
Report Attributes
Report Details
Report Title
Autonomous Haul Trucks Market Research Report
By Type
Level 1, Level 2, Level 3, Level 4 and 5
By Application
Industrial Application, Mining, Port, 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
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Autonomous Haul Trucks Market Report Segments:
The global Autonomous Haul Trucks market is segmented on the basis of:
Types
Level 1, Level 2, Level 3, Level 4 and 5
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, 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:
- Daimler
- Ford motor
- Volvo
- Tesla
- Iveco
- MAN
- DAF
- Scania
- FAW
- FOTON
- CNHTC
Highlights of The Autonomous Haul Trucks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Level 1
- Level 2
- Level 3
- Level 4 and 5
- By Application:
- Industrial Application
- Mining
- Port
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Autonomous Haul Trucks 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:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Autonomous haul trucks are self-driving trucks that use sensors and software to navigate roads and highways. They can transport goods using a variety of transportation modes, including truck, rail, air cargo, and ship.
Some of the major companies in the autonomous haul trucks 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 Haul Trucks 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 Haul Trucks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Autonomous Haul Trucks 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 Haul Trucks 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 Haul Trucks Market Size & Forecast, 2020-2028
4.5.1 Autonomous Haul Trucks Market Size and Y-o-Y Growth
4.5.2 Autonomous Haul Trucks 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 Level 1
5.2.2 Level 2
5.2.3 Level 3
5.2.4 Level 4 and 5
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 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Autonomous Haul Trucks 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 Haul Trucks 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 Level 1
9.6.2 Level 2
9.6.3 Level 3
9.6.4 Level 4 and 5
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 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 Level 1
10.6.2 Level 2
10.6.3 Level 3
10.6.4 Level 4 and 5
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 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 Level 1
11.6.2 Level 2
11.6.3 Level 3
11.6.4 Level 4 and 5
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 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 Level 1
12.6.2 Level 2
12.6.3 Level 3
12.6.4 Level 4 and 5
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 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 Level 1
13.6.2 Level 2
13.6.3 Level 3
13.6.4 Level 4 and 5
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 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 Haul Trucks Market: Competitive Dashboard
14.2 Global Autonomous Haul Trucks 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
