Market Overview:
The global robotic 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 robotic haul trucks in industrial and mining applications. Additionally, the growing port sector is also expected to fuel the demand for robotic haul trucks in the coming years.
Product Definition:
Robotic haul trucks are used in the mining and construction industries to move large quantities of earth, rock, or other materials.
Level 1:
The level 1 technology is used in the robotic haul trucks market to perform basic driving functions such as moving the truck from one place to another. The major factor that propels the growth of this industry includes growing demand for automation in manufacturing industries. Also, increasing government support towards implementation of robotics and Artificial Intelligence (AI) in industrial applications boosts up the adoption rate of level 1 technologies significantly.
Level 2:
The level 2 automation is used in robotic haul trucks to perform a set of tasks that require human interaction. The system includes sensors, safety devices, and other components that help the driver operate the vehicle without any intervention from the operator. Level 2 automation is considered as an advanced stage of automated truck driving technology and requires additional cost for installation in comparison with level 1 & level 3 systems.
Application Insights:
The industrial application segment dominated the global robotic haul trucks market, accounting for a revenue share of over 60.0% in 2017. Robotic trucks are used across multiple industries including mining, construction and material moving to eliminate human labor costs and increase operational efficiency. The technology also provides flexibility in working hours as well as allows the company to assign different tasks to each robot depending on its capability level thus increasing productivity.
The other applications include automotive, food & beverage and pharmaceutical industries among others where these vehicles are used for distribution or picking up small or fragile products such as fruits and vegetables along with their packaging materials from farms or suppliers direct into storage facilities at supermarkets/hypermarkets/supermarkets etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well owing to increasing investments by domestic and foreign companies for deploying automated trucks in China. For instance, in June 2018, Volkswagen Group announced that it will be using robotic haul trucks at its plant in Duisburg, Germany. The company has also stated that it plans to use such vehicles across all of its manufacturing plants globally by 2025.
The European market is anticipated to grow significantly over the forecast period owing to rising demand from various end-use industries including food & beverage and retailing where goods are transported from one place to another using automation or semi-automation technologies such as autonomous pallet carriers (APC). Moreover, growing adoption of driverless shuttles for delivering supplies between warehouses is further driving regional growth.
Growth Factors:
- Increasing demand for robotic haul trucks from the mining industry as they offer high productivity and safety.
- Growing popularity of autonomous vehicles across different industries is expected to boost the demand for robotic haul trucks in the near future.
- Rising investments in research and development activities for developing advanced technologies for robotic haul trucks is projected to fuel the market growth over the forecast period.
- Increasing adoption of robotics technology in material handling applications is anticipated to create new opportunities for the market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Robotic 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
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Robotic Haul Trucks Market Report Segments:
The global Robotic 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 Robotic 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 Robotic 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?
Robotic haul trucks are autonomous, electric vehicles that use sensors and GPS to navigate their way around a warehouse or other large storage area. They can move large items quickly and efficiently, reducing the need for human labor.
Some of the major companies in the robotic 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 Robotic 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 Robotic Haul Trucks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Robotic 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 Robotic 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 Robotic Haul Trucks Market Size & Forecast, 2020-2028
4.5.1 Robotic Haul Trucks Market Size and Y-o-Y Growth
4.5.2 Robotic 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 Robotic 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 Robotic 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 Robotic Haul Trucks Market: Competitive Dashboard
14.2 Global Robotic 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
