Semi-Autonomous Truck Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The global semi-autonomous truck market size is projected to reach 3,254 thousand units by 2027, from an estimated 948 thousand units in 2020, at a CAGR of 28%. 

Semi-automatic trucks run longer distances with less manpower. Semi-automatic trucks can control all safety functions themselves and control the detection and driving conditions around them. This allows the driver to regain control that provides ample changeover time. Semi-automatic trucks can reduce traffic jams and deliver goods and services efficiently. This factor is expected to further boost the semi-autonomous truck market. Semi-auto trucks improve fuel efficiency because they can accelerate or decelerate more effectively than drivers.

Market Segments:

Based on propulsion type:

• Diesel
• Electric
• Hybrid

Based on the level of automation:

• Level 1
• Level 2 & Level 3
• Level 4
• Level 5

Based on the application:

• Last-mile delivery truck
• Mining Truck

Key Market Players

The global semi-autonomous truck market is dominated by major players such as Continental (Germany) Bosch (Germany), Aptiv (UK), AB Volvo (Sweden), and Denso (Japan).

Scope of the Report

The research study analyzes the global Semi-Autonomous Truck industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Semi-Autonomous Truck Market Report

1. What was the Semi-Autonomous Truck Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027). 2. What will be the CAGR of the Semi-Autonomous Truck Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Semi-Autonomous Truck Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.