Autonomous Commercial Vehicle Market Outlook and Opportunities in Growing Regions

Autonomous Commercial Vehicle Market Size,
Trends, Company Profiles, Growth Rate, Trends
and its Emerging Opportunities
©P&SIntelligence.Allrightsreserved
1

With the rising incidence of road accidents, rapid technological advancements, and the
growing popularity of autonomous technologies among the masses, autonomous vehicles are
rapidly becoming the talk of the town these days. While the deployment of autonomous cars
has increased significantly over the past several years, the adoption of autonomous
technologies has gained traction in the commercial trucking industry only in recent years.
However, with the emergence of connected vehicle technologies, things are about to change
drastically in future.
Request to Get the Sample Report@ https://www.psmarketresearch.com/marketanalysis/autonomous-commercial-vehicle-market/report-sample
This is because the incorporation of autonomous technologies is much easier in connected
vehicles than the conventionally used ones. Moreover, the numerous unique features offered
by connected vehicles such as traffic and collision warnings, real-time traffic monitoring,
automobile diagnostics, and roadside assistance that are not available in the traditional
vehicles, is pushing up the popularity of these vehicles all over the globe. Additionally, the
growing digitization in connected vehicles is further boosting the popularity of autonomous
vehicles.
The implementation of such favorable government policies in not just the U.S., but in many
other countries around the world, is fueling the sales of autonomous commercial vehicles.
This is, in turn, driving the progress of the global autonomous commercial vehicle market.
As a result, the market is predicted to generate a revenue of $499.5 billion in 2030.
Furthermore, the market is expected to progress at a CAGR of 8.2% between 2020 and 2030.
Geographically, the autonomous commercial vehicle market will exhibit the highest growth in
North America in the upcoming years, as per the estimates of P&S Intelligence, a market
research firm based in India. The key factors driving the expansion of the industry in this
region are the soaring research and development (R&D) activities being conducted for the
development of autonomous commercial vehicles and the increasing enactment of government
policies aimed at powering advancements in autonomous driving technologies in the regional
countries.
Make Enquiry Before Buying the Report: https://www.psmarketresearch.com/sendenquiry?enquiry-url=autonomous-commercial-vehicle-market
Market Segmentation by Vehicle Autonomy
• Semi-Autonomous
o Level 1
o Level 2
o Level 3
• Semi-Autonomous
o Level 4
o Level 5
Market Segmentation by Vehicle Type

• Truck
o Light-duty truck (LDT)
o Medium & heavy-duty truck (M&HDT)
• Bus
Market Segmentation by Fuel Type
• Conventional Fuel
• Alternative Fuel
Market Segmentation by Application
• Logistics
• Public Transportation
• Construction
• Others
Market Segmentation by Region
• North America Autonomous Commercial Vehicle Market
o By Vehicle Autonomy
o By Vehicle Type
o By Fuel Type
o By Application
o By country – U.S. and Canada
• Europe Autonomous Commercial Vehicle Market
o By Vehicle Autonomy
o By Vehicle Type
o By Fuel Type
o By Application
o By country – Germany, U.K., France, Spain, Italy, and Rest of Europe
• APAC Autonomous Commercial Vehicle Market
o By Vehicle Autonomy
o By Vehicle Type
o By Fuel Type
o By Application
o By country – China, Japan, South Korea, and Rest of APAC
• LAMEA Autonomous Commercial Vehicle Market
o By Vehicle Autonomy
o By Vehicle Type
o By Fuel Type
o By Application
o By country – Brazil, Mexico, U.A.E., and Rest of LAMEA
This study covers
• Historical and the present size of the Autonomous Commercial Vehicle Market

• Major factors driving the market and their impact during the short, medium, and long
terms
• Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the market participants
• Historical and the present size of the market segments and understand their
comparative future potential
• Potential of on-demand logistics services, so the market players make informed
decisions on the sales of their offerings
• Competitive scenario of various market segments across key countries in several
regions for uncovering market opportunities for the stakeholders
• Major players operating in the market and their service offerings
• Recent strategic developments by the major players in the market
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to
the market information needs of burgeoning industries across the world. Providing the
plinth of market intelligence, P&S as an enterprising research and consulting company,
believes in providing thorough landscape analyses on the ever-changing market
scenario, to empower companies to make informed decisions and base their business
strategies with astuteness.
©P&SIntelligence.Allrightsreserved 3

Disclaimer:
P&S Intelligence always keeps its customers’ interests at the core while carrying out
research activities. P&S Intelligence ensures the reliability and accuracy of information
and data provided in its market research publications. However, the information in
publications is subject to fluctuations, as it is based on primary interviews of officials
from various companies or organizations. P&S Intelligence is not responsible for any
incorrect data provided by the key industry players of the concerned domain. The
information or analysis in P&S Intelligence publications represents opinions based on
research and should not be interpreted as statements of fact. Information in this report
was believed to be correct at the time of publication, but cannot be guaranteed. P&S
Intelligence does not endorse any product, service, or vendor depicted in its research
publications.
All intellectual properties, including trademarks and copyrights, belong to their
respective owners and may be protected by copyright. Under no circumstance can these
be reproduced in any form without prior written agreement of their owners.
An order for market research report is intended for internal use of the company only and
not for disclosure to third parties or any other publication in general. No service, report,
or part thereof provided by P&S Intelligence can be reproduced, republished, resold,
revealed, distributed, circulated, or sublicensed in any medium or form now realized or
hereafter become realized, including but not limited to, all forms of optical-based
media, magnetic, electronic, or digital, without a written permission from Prescient &
Strategic Intelligence Pvt. Ltd.

Kindly write to: enquiry@psmarketresearch.com
B-13, Sector – 2, Noida, U.P. – 201301, INDIA
Contact No: +91 120 4541 337
US/Canada Toll-Free: 1-888-778-7886
©P&SIntelligence.Allrightsreserved
4