Summary

The Semi-autonomous & autonomous Trucks and Buses market size is projected to grow from USD 40.7 billion in 2024 to USD 179.9 billion by 2035, at a CAGR of 14.4%. The Semi-autonomous & autonomous Trucks and Buses market is witnessing robust growth driven by increasing demand for electric and autonomous commercial vehicles may drive the market for Semi-autonomous & autonomous Trucks and Buses. Governments are creating new rules and laws to allow companies to test and start using self-driving trucks and buses. This legal support is encouraging businesses to invest in this technology and start using it more. The growing trend of autonomous vehicles and the focus on safety are also expected to increase the demand for Semi-autonomous & autonomous Trucks and Buses.

The Diesel segment is expected to see notable growth opportunities during the forecast period
Diesel is the most preferred fuel for transit bus and truck applications worldwide. The preference for diesel can be attributed to the high passenger carrying capacity, resulting in the requirement of high torque at low speeds and high fuel efficiency in buses and trucks. With the growing demand for ADAS features used in semi-autonomous and autonomous buses and trucks, OEMs such as AB Volvo (Sweden), Daimler Truck AG (Germany), and Iveco Group NV (Italy) are offering these features in diesel vehicles. For instance, OEMs such as AB Volvo (Sweden) and MAN Truck & Bus SE (Germany) are developing diesel engines incorporated with ultra-low sulfur fuel, particulate filters, and advanced emission reduction technologies to achieve emission standards set by regulatory bodies. OEMs are innovating with engine technology, the design of the vehicle, and the addition of various after-treatment devices such as Diesel Particulate Filter (DPF), Diesel Oxidation Catalyst (DOC), Selective Catalytic Reduction (SCR), and Lean NOx-Trap (LNT) to minimize the emissions. The increase in the electronic content of the vehicle helps monitor the emission levels properly



Class 7- Class 8 segment to show the biggest growth in the Semi-autonomous & autonomous Trucks and Buses market during the forecast period
In the class 7–8 segment, trucks with GVWR ranging between 26,000 and 33,000 lbs and more than or equal to 33,001 lbs are considered, respectively. In the freight transportation industry, heavy-duty trucks are generally used for the long haul, which means the distance could be around 250 miles or more. The load-carrying capacity of heavy-duty trucks is high. In recent years, significant progress has been made in developing autonomous technologies for heavy-duty trucks. These advancements include the implementation of ADAS, such as adaptive cruise control, lane keep assist, automatic emergency braking, and sophisticated sensor arrays incorporating LIDAR, radar, and cameras. These features collectively contribute to reducing the incidence of accidents and improving overall driving conditions. In February 2023, AB Volvo (Sweden) commenced trials of its autonomous heavy-duty truck, incorporating advanced ADAS, LIDAR, and AI-driven navigation systems. The trials on highways in Europe aim to evaluate the performance of the truck in real-world conditions, focusing on safety, efficiency, and reliability.


China is expected to show substantial growth in the Asia Pacific region for Semi-autonomous & autonomous Trucks and Buses market
China is one of the largest bus markets in the world. It is also the largest market for electric buses. There are many semi-autonomous and autonomous bus projects which are being conducted in the country. For instance, Yutong, the largest bus producer in China, is testing its driverless level 4 autonomous bus on the roads of Zhengzhou. Well-defined regulations and increasing government support to test autonomous technology are expected to boost the market in the country. Vehicle safety norms, which are the key driving force of the demand for semi-autonomous sensors, are expected to increase the demand in the next five years. For instance, in December 2023, the Chinese government issued safety guidelines for using autonomous vehicles in public transport, the latest in a series of measures preparing for the increased use of driverless buses Several driver assistance system manufacturers, such as Autoliv (Sweden), Denso (Japan), Robert Bosch (Germany), and others have set up manufacturing and distribution facilities in China.

In-depth interviews were conducted with CXOs, marketing directors, other innovation and technology managers, and executives from various key organizations operating in the Semi-autonomous & autonomous Trucks and Buses market. The break-up of the primaries is as follows:
• By Company Type: OEMs – 32%, Tier 1 –37% and Tier 2 & 3 – 28%,
• By Designation: CXO – 33%, Managers – 52%, and Executives – 15%
• By Region: North America – 26%, Europe – 30%, Asia Pacific – 35%, and ROW¬¬-9%
The Semi-autonomous & autonomous Truck and Buses market comprises major manufacturers such as Daimler Truck AG (Germany), AB Volvo (Sweden), Scania (Sweden), EasyMile (France), Robert Bosch GmbH (Germany), Gentherm (US), Continental AG (Germany), Denso Corporation (Japan).




Research Coverage:
The study covers the Semi-autonomous & autonomous Trucks and Buses market across various segments. It aims at estimating the market size and future growth potential of this market across different segments such as Vehicle type, By Application, Vehilcle class, Propulsion Type, By ADAS featuers, By sensor type, By Level of autonomy and Region. The study also includes an in-depth competitive analysis of key market players, their company profiles, key observations related to product and business offerings, recent developments, and acquisitions.

This research report categorizes Semi-autonomous & autonomous Trucks and Buses market by Vehicle Type (Buses and Trucks), Vehicle class (Class 1- class 3, Class 4- class 6, and Class 7- class 8), By ADAS features (Adaptive cruise control (ACC), Automatic emergency braking (AEB), Blind spot detection (BSD), Lane keep assist (LKA), Intelligent park assist (IPA), Traffic jam assist (TJA), and Highway Pilot (HP)), Propulsion type (Diesel, Electric, and Hybrid), By application (Last-mile delivery trucks, Mining trucks, Shuttles, and Intercity/Intracity buses), By sensor type (Cameras, LiDAR, Radar sensors, and Ultrasonic sensors), By Level of autonomy (L1, L2 and L3, L4, and L5) and Region (Asia Pacific, Europe, and North America and rest of the world).

The report's scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the Semi-autonomous & autonomous Trucks and Buses market. A detailed analysis of the key industry players provides insights into their business overview, solutions, and services; key strategies; contracts, partnerships, agreements, new product & service launches, mergers and acquisitions, and recent developments associated with the Semi-autonomous & autonomous Trucks and Buses market. Competitive analysis of SMEs/startups in the Semi-autonomous & autonomous Trucks and Buses market ecosystem is covered in this report.

Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Semi-autonomous & autonomous Trucks and Buses market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:

Analysis of key drivers (Increasing emphasis on road safety and traffic control, Growing need to address driver shortage, Rising adoption of autonomous technology, and Favorable government regulations and safety standards), restraints (Cybersecurity and data security concerns, Limited public reception, and Lack of infrastructure in developing countries), opportunities (Integration of 5G technology for vehicle connectivity, Growing utilization of advanced technologies, Increasing demand for truck platooning, and Rising focus on automotive IoT), and challenges (High cost of development and integration and Regulatory hurdles) influencing the growth of the Semi-autonomous & autonomous Trucks and Buses market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Semi-autonomous & autonomous Trucks and Buses market.

• Market Development: Comprehensive information about lucrative markets – the report analyses the Semi-autonomous & autonomous Trucks and Buses market across varied regions.

• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Semi-autonomous & autonomous Trucks and Buses market.

• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Daimler Truck AG (Germany), AB Volvo (Sweden), NVIDIA Corporation (US), Robert Bosch GmbH (Germany), Continental AG (Germany), Denso Corporation (Japan) among others in the Semi-autonomous & autonomous Trucks and Buses market.

• Strategies: The report also helps stakeholders understand the pulse of the Semi-autonomous & autonomous Trucks and Buses market and provides them information on key market drivers, restraints, challenges, and opportunities

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Table of Contents

1 INTRODUCTION 31
1.1 STUDY OBJECTIVES 31
1.2 MARKET DEFINITION 32
1.3 STUDY SCOPE 36
1.3.1 MARKETS COVERED 36
1.3.2 REGIONS COVERED 37
1.3.3 YEARS CONSIDERED 37
1.4 INCLUSIONS AND EXCLUSIONS 37
1.5 CURRENCY CONSIDERED 39
1.6 UNIT CONSIDERED 39
1.7 STAKEHOLDERS 39
1.8 SUMMARY OF CHANGES 40
2 RESEARCH METHODOLOGY 41
2.1 RESEARCH DATA 41
2.1.1 SECONDARY DATA 43
2.1.1.1 Key secondary sources 44
2.1.1.2 Key data from secondary sources 45
2.1.2 PRIMARY DATA 46
2.1.2.1 Primary participants 47
2.2 MARKET SIZE ESTIMATION 48
2.2.1 BOTTOM-UP APPROACH 49
2.2.2 TOP-DOWN APPROACH 51
2.2.3 RECESSION IMPACT ANALYSIS 52
2.3 DATA TRIANGULATION 53
2.4 FACTOR ANALYSIS 55
2.5 RESEARCH ASSUMPTIONS 56
2.6 RESEARCH LIMITATIONS 57
2.7 RISK ANALYSIS 57
3 EXECUTIVE SUMMARY 59
4 PREMIUM INSIGHTS 63
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SEMI-AUTONOMOUS & AUTONOMOUS TRUCKS AND BUSES MARKET 63
4.2 SEMI-AUTONOMOUS & AUTONOMOUS TRUCKS AND BUSES MARKET, BY REGION 64
4.3 SEMI-AUTONOMOUS & AUTONOMOUS TRUCKS AND BUSES MARKET,
BY PROPULSION TYPE 64
4.4 SEMI-AUTONOMOUS & AUTONOMOUS TRUCKS AND BUSES MARKET, BY VEHICLE TYPE 65
4.5 SEMI-AUTONOMOUS & AUTONOMOUS TRUCKS AND BUSES MARKET,
BY LEVEL OF AUTONOMY 65
4.6 SEMI-AUTONOMOUS & AUTONOMOUS TRUCKS AND BUSES MARKET, BY SENSOR TYPE 66
4.7 SEMI-AUTONOMOUS & AUTONOMOUS TRUCKS AND BUSES MARKET, BY APPLICATION 66
4.8 SEMI-AUTONOMOUS & AUTONOMOUS TRUCKS AND BUSES MARKET, BY VEHICLE CLASS 67
5 MARKET OVERVIEW 68
5.1 INTRODUCTION 68
5.2 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 69
5.3 MARKET DYNAMICS 69
5.3.1 DRIVERS 70
5.3.1.1 Increasing emphasis on road safety and traffic control 70
5.3.1.2 Growing need to address driver shortage 71
5.3.1.3 Rising adoption of automation technology 72
5.3.1.4 Favorable government regulations and safety standards 73
5.3.2 RESTRAINTS 74
5.3.2.1 Cybersecurity and data security concerns 74
5.3.2.2 Limited public reception 75
5.3.2.3 Lack of infrastructure in developing countries 76
5.3.3 OPPORTUNITIES 77
5.3.3.1 Growing integration of 5G technology 77
5.3.3.2 Increasing utilization of advanced technologies 78
5.3.3.3 Surge in demand for truck platooning 79
5.3.3.4 Rising focus on automotive IoT 80
5.3.4 CHALLENGES 81
5.3.4.1 High cost of development and integration 81
5.3.4.2 Regulatory hurdles 81
5.4 ECOSYSTEM ANALYSIS 82
5.5 VALUE CHAIN ANALYSIS 84
5.6 TOTAL COST OF OWNERSHIP 86
5.7 BILL OF MATERIALS ANALYSIS 88
5.7.1 BILL OF MATERIALS ANALYSIS FOR SEMI-AUTONOMOUS & AUTONOMOUS BUSES 88
5.7.2 BILL OF MATERIALS ANALYSIS FOR SEMI-AUTONOMOUS & AUTONOMOUS TRUCKS 89
5.8 PRICING ANALYSIS 91
5.8.1 AVERAGE SELLING PRICE, BY SENSOR TYPE 91
5.8.2 AVERAGE SELLING PRICE FOR VEHICLE TYPE, BY REGION 92
5.9 INVESTMENT SCENARIO 94
5.10 PATENT ANALYSIS 95
 
5.11 TECHNOLOGY ANALYSIS 105
5.11.1 INTRODUCTION 105
5.11.2 KEY TECHNOLOGIES 105
5.11.2.1 Artificial intelligence 105
5.11.2.2 Sensor fusion 106
5.11.3 COMPLIMENTARY TECHNOLOGIES 106
5.11.3.1 Vehicle-to-everything 106
5.11.3.1.1 Vehicle-to-cloud 107
5.11.3.1.2 Vehicle-to-pedestrian 107
5.11.3.1.3 Vehicle-to-infrastructure 107
5.11.3.1.4 Vehicle-to-vehicle 108
5.11.3.2 Automotive IoT 108
5.11.3.3 Cooperative adaptive cruise control 108
5.11.4 ADJACENT TECHNOLOGIES 109
5.11.4.1 Simultaneous localization and mapping 109
5.12 REGULATORY LANDSCAPE 110
5.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 111
5.13 TRADE DATA ANALYSIS 114
5.14 KEY CONFERENCES AND EVENTS 116
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA 116
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 116
5.15.2 BUYING CRITERIA 117
5.16 CASE STUDY ANALYSIS 119
5.16.1 IMPLEMENTATION OF SHARED AUTOMATED ELECTRIC VEHICLES WITH AVENUE PROJECT 119
5.16.2 INSTALLATION OF CAVSTAR AUTONOMOUS DRIVE SYSTEM FOR SAFE AND EFFICIENT PUBLIC TRANSPORT 119
5.16.3 ENHANCED DEVELOPMENT OF AUTONOMOUS DRIVING TECHNOLOGY WITH DIGITAL PLATFORM 120
5.16.4 IMPROVED AUTONOMOUS VEHICLES USING TELEOPERATED DRIVERLESS PROCESS 120
6 SEMI-AUTONOMOUS & AUTONOMOUS TRUCKS AND BUSES MARKET,
BY APPLICATION 122
6.1 INTRODUCTION 123
6.2 SHUTTLES 125
6.2.1 GROWING NEED FOR REDUCED COMPLEXITY IN OPERATIONS TO DRIVE MARKET 125
6.3 INTERCITY/INTRACITY BUSES 126
6.3.1 NEED FOR EFFICIENT, RELIABLE, AND SAFE TRANSPORTATION IN DENSELY POPULATED AREAS TO DRIVE MARKET 126
6.4 LAST-MILE DELIVERY TRUCKS 128
6.4.1 BOOMING E-COMMERCE MARKET TO DRIVE MARKET 128
6.5 MINING TRUCKS 129
6.5.1 INCREASING INCLINATION TOWARD AUTOMATION TO DRIVE MARKET 129
6.6 KEY INDUSTRY INSIGHTS 131
7 SEMI-AUTONOMOUS & AUTONOMOUS TRUCKS AND BUSES MARKET,
BY ADAS FEATURES 132
7.1 INTRODUCTION 132
7.2 ADAPTIVE CRUISE CONTROL 133
7.2.1 RISING INTEGRATION INTO VEHICLE MODELS BY AUTOMOBILE MANUFACTURERS TO DRIVE MARKET 133
7.3 AUTOMATIC EMERGENCY BRAKING 133
7.3.1 SURGE IN IMPLEMENTATION OF AUTOMOTIVE SAFETY STANDARDS AND REGULATORY MEASURES TO DRIVE MARKET 133
7.4 BLIND SPOT DETECTION 134
7.4.1 INCREASING FOCUS ON PREVENTING ACCIDENTS TO DRIVE MARKET 134
7.5 INTELLIGENT PARK ASSIST 135
7.5.1 SURGE IN DEMAND FOR CONVENIENT PARKING IN LIMITED SPACES TO DRIVE MARKET 135
7.6 TRAFFIC JAM ASSIST 135
7.6.1 GROWING TREND TOWARD VEHICLE AUTOMATION TO DRIVE MARKET 135
7.7 LANE KEEP ASSIST 136
7.7.1 RISING NEED TO MAINTAIN LANE DISCIPLINE TO DRIVE MARKET 136
7.8 HIGHWAY PILOT 137
7.8.1 GROWING ADOPTION IN COMMERCIAL VEHICLE INDUSTRY TO DRIVE MARKET 137
8 SEMI-AUTONOMOUS & AUTONOMOUS TRUCKS AND BUSES MARKET,
BY LEVEL OF AUTONOMY 138
8.1 INTRODUCTION 139
8.2 L1 141
8.2.1 RISE IN SAFETY REGULATIONS FROM GOVERNMENTS WORLDWIDE TO DRIVE MARKET 141
8.3 L2 AND L3 142
8.3.1 SURGE IN R&D INVESTMENTS TO DRIVE MARKET 142
8.4 L4 144
8.4.1 INCREASING NEED TO OPERATE VEHICLES WITHOUT HUMAN INTERVENTION TO DRIVE MARKET 144
8.5 L5 145
8.5.1 GROWING ADVANCEMENTS IN SENSOR TECHNOLOGY TO DRIVE MARKET 145
8.6 KEY PRIMARY INSIGHTS 146
 
9 SEMI-AUTONOMOUS & AUTONOMOUS TRUCKS AND BUSES MARKET,
BY PROPULSION TYPE 147
9.1 INTRODUCTION 148
9.2 DIESEL 151
9.2.1 INCREASING USE OF LONG-HAUL TRUCKING AND LARGE PUBLIC TRANSPORT BUSES TO DRIVE MARKET 151
9.3 ELECTRIC 154
9.3.1 RISING NEED FOR REDUCED NOISE POLLUTION AND GREENHOUSE GAS EMISSIONS TO DRIVE MARKET 154
9.4 HYBRID 156
9.4.1 GROWING CONCERNS ABOUT VEHICLE EFFICIENCY AND EMISSIONS TO DRIVE MARKET 156
9.5 KEY INDUSTRY INSIGHTS 157
10 SEMI-AUTONOMOUS & AUTONOMOUS TRUCKS AND BUSES MARKET,
BY SENSOR TYPE 158
10.1 INTRODUCTION 159
10.2 CAMERAS 162
10.2.1 RISING AWARENESS OF SAFETY AMONG CONSUMERS TO DRIVE MARKET 162
10.3 LIDAR 165
10.3.1 GROWING FOCUS ON IMPROVED PERCEPTION AND NIGHT CONTROL FEATURES TO DRIVE MARKET 165
10.4 RADAR SENSORS 168
10.4.1 ADVANCEMENTS IN 4D IMAGING RADAR TECHNOLOGY TO DRIVE MARKET 168
10.5 ULTRASONIC SENSORS 170
10.5.1 INCREASING ADOPTION OF INTELLIGENT PARKING ASSISTANCE, BLIND SPOT DETECTION, AND LANE DEPARTURE FUNCTIONS TO DRIVE MARKET 170
10.6 KEY PRIMARY INSIGHTS 173
11 SEMI-AUTONOMOUS & AUTONOMOUS TRUCKS AND BUSES MARKET,
BY VEHICLE CLASS 174
11.1 INTRODUCTION 175
11.2 CLASS 1–3 177
11.2.1 SURGE IN URBANIZATION TO DRIVE MARKET 177
11.3 CLASS 4–6 179
11.3.1 GROWING FOCUS ON IMPROVED DRIVER COMFORT AND FLEET MANAGEMENT TO DRIVE MARKET 179
11.4 CLASS 7–8 180
11.4.1 INCREASING NEED FOR HIGHER LOAD-CARRYING CAPACITY IN LONG HAUL TRANSPORTATION TO DRIVE MARKET 180
11.5 KEY INDUSTRY INSIGHTS 182
12 SEMI-AUTONOMOUS & AUTONOMOUS TRUCKS AND BUSES MARKET,
BY VEHICLE TYPE 183
12.1 INTRODUCTION 184
12.2 BUSES 186
12.2.1 GROWING CONCERNS ABOUT TRAFFIC CONGESTION AND AIR POLLUTION TO DRIVE MARKET 186
12.3 TRUCKS 189
12.3.1 RISING FOCUS ON EFFICIENCY AND SAFETY IN LOGISTICS SECTOR TO DRIVE MARKET 189
12.4 KEY INDUSTRY INSIGHTS 191
13 SEMI-AUTONOMOUS & AUTONOMOUS TRUCKS AND BUSES MARKET,
BY REGION 192
13.1 INTRODUCTION 193
13.2 ASIA PACIFIC 196
13.2.1 RECESSION IMPACT ANALYSIS 197
13.2.2 CHINA 200
13.2.2.1 Increasing focus on vehicle safety norms to drive market 200
13.2.3 JAPAN 202
13.2.3.1 Favorable government policies to drive market 202
13.2.4 INDIA 204
13.2.4.1 Growing urbanization and infrastructure development to drive market 204
13.2.5 SOUTH KOREA 206
13.2.5.1 Booming smart city initiatives to drive market 206
13.3 EUROPE 208
13.3.1 RECESSION IMPACT ANALYSIS 209
13.3.2 FRANCE 212
13.3.2.1 Surge in adoption of autonomous shuttles to drive market 212
13.3.3 GERMANY 213
13.3.3.1 Presence of leading OEMs to drive market 213
13.3.4 ITALY 216
13.3.4.1 Rising adoption of smart mobility solutions to drive market 216
13.3.5 SPAIN 218
13.3.5.1 Growing focus on L4 autonomy to drive market 218
13.3.6 UK 220
13.3.6.1 Surge in production of autonomous buses and trucks to drive market 220
13.4 NORTH AMERICA 223
13.4.1 RECESSION IMPACT ANALYSIS 223
13.4.2 US 226
13.4.2.1 Growing R&D efforts by leading technology companies to drive market 226
 
13.4.3 CANADA 228
13.4.3.1 Surge in testing of autonomous driving assistant systems to drive market 228
13.4.4 MEXICO 230
13.4.4.1 Growing focus on integrating advanced automotive technologies to drive market 230
13.5 REST OF THE WORLD 231
13.5.1 RECESSION IMPACT ANALYSIS 231
13.5.2 BRAZIL 233
13.5.2.1 Growing integration of semi-autonomous and autonomous technologies in vehicles to drive market 233
13.5.3 RUSSIA 236
13.5.3.1 Increasing construction of manufacturing facilities to drive market 236
14 COMPETITIVE LANDSCAPE 239
14.1 INTRODUCTION 239
14.2 KEY PLAYER STRATEGIES 239
14.3 REVENUE ANALYSIS 241
14.4 MARKET RANKING ANALYSIS 242
14.5 COMPANY EVALUATION MATRIX: KEY PLAYERS 244
14.5.1 STARS 244
14.5.2 EMERGING LEADERS 244
14.5.3 PERVASIVE PLAYERS 245
14.5.4 PARTICIPANTS 245
14.5.5 COMPANY FOOTPRINT 247
14.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES 249
14.6.1 PROGRESSIVE COMPANIES 249
14.6.2 RESPONSIVE COMPANIES 249
14.6.3 DYNAMIC COMPANIES 250
14.6.4 STARTING BLOCKS 250
14.6.5 COMPETITIVE BENCHMARKING 251
14.7 COMPANY VALUATION AND FINANCIAL METRICS 252
14.8 BRAND/PRODUCT COMPARISON 254
14.9 COMPETITIVE SCENARIOS AND TRENDS 254
14.9.1 PRODUCT LAUNCHES/DEVELOPMENTS 254
14.9.2 DEALS 256
14.9.3 EXPANSIONS 258
14.9.4 OTHER DEVELOPMENTS 260
 
15 COMPANY PROFILES 263
15.1 ORIGINAL EQUIPMENT MANUFACTURERS 263
15.1.1 AB VOLVO 263
15.1.1.1 Business overview 263
15.1.1.2 Products/Solutions/Services offered 264
15.1.1.3 Recent developments 266
15.1.1.3.1 Product launches/developments 266
15.1.1.3.2 Deals 266
15.1.1.3.3 Expansions 268
15.1.1.3.4 Other developments 269
15.1.1.4 MnM view 269
15.1.1.4.1 Key strengths 269
15.1.1.4.2 Strategic choices 270
15.1.1.4.3 Weaknesses and competitive threats 270
15.1.2 DAIMLER TRUCK AG 271
15.1.2.1 Business overview 271
15.1.2.2 Products/Solutions/Services offered 273
15.1.2.3 Recent developments 274
15.1.2.3.1 Product launches/developments 274
15.1.2.3.2 Deals 274
15.1.2.3.3 Expansions 275
15.1.2.4 MnM view 275
15.1.2.4.1 Key strengths 275
15.1.2.4.2 Strategic choices 275
15.1.2.4.3 Weaknesses and competitive threats 276
15.1.3 MAN TRUCK & BUS SE 277
15.1.3.1 Business overview 277
15.1.3.2 Products/Solutions/Services offered 279
15.1.3.3 Recent developments 280
15.1.3.3.1 Deals 280
15.1.3.3.2 Expansions 281
15.1.3.3.3 Other developments 281
15.1.3.4 MnM view 283
15.1.3.4.1 Key strengths 283
15.1.3.4.2 Strategic choices 284
15.1.3.4.3 Weaknesses and competitive threats 284
15.1.4 IVECO S.P.A. 285
15.1.4.1 Business overview 285
15.1.4.2 Products/Solutions/Services offered 286
15.1.4.3 Recent developments 287
15.1.4.3.1 Deals 287
15.1.4.3.2 Other developments 288
15.1.4.4 MnM view 289
15.1.4.4.1 Key strengths 289
15.1.4.4.2 Strategic choices 289
15.1.4.4.3 Weaknesses and competitive threats 289
15.1.5 PACCAR INC. 290
15.1.5.1 Business overview 290
15.1.5.2 Products/Solutions/Services offered 292
15.1.5.3 Recent developments 293
15.1.5.3.1 Product launches/developments 293
15.1.5.3.2 Deals 293
15.1.5.4 MnM view 294
15.1.5.4.1 Key strengths 294
15.1.5.4.2 Strategic choices 294
15.1.5.4.3 Weaknesses and competitive threats 294
15.1.6 HYUNDAI MOTOR CORPORATION 295
15.1.6.1 Business overview 295
15.1.6.2 Recent developments 296
15.1.6.2.1 Product launches/developments 296
15.2 SOFTWARE PROVIDERS 297
15.2.1 AURORA INNOVATION INC. 297
15.2.1.1 Business overview 297
15.2.1.2 Recent developments 299
15.2.1.2.1 Product launches/developments 299
15.2.1.2.2 Deals 300
15.2.1.2.3 Expansions 302
15.2.1.2.4 Other developments 303
15.2.1.3 MnM view 303
15.2.1.3.1 Key strengths 303
15.2.1.3.2 Strategic choices 303
15.2.1.3.3 Weaknesses and competitive threats 303
15.2.2 NVIDIA CORPORATION 304
15.2.2.1 Business overview 304
15.2.2.2 Recent developments 305
15.2.2.2.1 Product launches/developments 305
15.2.2.2.2 Deals 306
15.2.2.2.3 Other developments 306
15.2.2.3 MnM view 307
15.2.2.3.1 Key strengths 307
15.2.2.3.2 Strategic choices 307
15.2.2.3.3 Weaknesses and competitive threats 307
 
15.2.3 PLUSAI, INC. 308
15.2.3.1 Business overview 308
15.2.3.2 Recent developments 308
15.2.3.2.1 Product launches/developments 308
15.2.3.2.2 Deals 309
15.2.3.2.3 Other developments 310
15.2.3.3 MnM view 310
15.2.3.3.1 Key strengths 310
15.2.3.3.2 Strategic choices 310
15.2.3.3.3 Weaknesses and competitive threats 311
15.2.4 CONTINENTAL AG 312
15.2.4.1 Business overview 312
15.2.4.2 Recent developments 313
15.2.4.2.1 Product launches/developments 313
15.2.4.2.2 Deals 313
15.2.4.2.3 Expansions 314
15.2.4.2.4 Other developments 314
15.2.4.3 MnM view 314
15.2.4.3.1 Key strengths 314
15.2.4.3.2 Strategic choices 315
15.2.4.3.3 Weaknesses and competitive threats 315
15.2.5 KODIAK ROBOTICS INC. 316
15.2.5.1 Business overview 316
15.2.5.2 Recent developments 316
15.2.5.2.1 Product launches/developments 316
15.2.5.2.2 Deals 316
15.2.5.2.3 Other developments 318
15.2.5.3 MnM view 318
15.2.5.3.1 Key strengths 318
15.2.5.3.2 Strategic choices 318
15.2.5.3.3 Weaknesses and competitive threats 318
15.2.6 NAVYA 319
15.2.6.1 Business overview 319
15.2.6.2 Recent developments 319
15.2.6.2.1 Product launches/developments 319
15.2.6.2.2 Deals 320
15.2.6.2.3 Other developments 320
15.3 OTHER PLAYERS 321
15.3.1 YUTONG BUS CO., LTD. 321
15.3.2 KARSAN 322
15.3.3 XIAMEN KING LONG UNITED AUTOMOTIVE INDUSTRY CO., LTD. 323
15.3.4 EINRIDE 324
15.3.5 WERIDE 325
15.3.6 ISUZU MOTORS 325
15.3.7 SENSETIME 326
15.3.8 EASYMILE 327
15.3.9 SCANIA 328
15.3.10 ZF FRIEDRICHSHAFEN AG 329
15.3.11 UISEE 330
15.3.12 COAST AUTONOMOUS 330
15.3.13 NAVISTAR INTERNATIONAL INC. 331
15.3.14 TUSIMPLE HOLDINGS INC. 332
15.3.15 ALEXANDER DENNIS LIMITED 333
15.3.16 TOYOTA MOTOR CORPORATION 334
15.3.17 TESLA 335
15.3.18 ROBERT BOSCH GMBH 336
16 RECOMMENDATIONS BY MARKETSANDMARKETS 337
16.1 NORTH AMERICA TO LEAD MARKET 337
16.2 E-COMMERCE TO INCREASE DEMAND FOR AUTONOMOUS TRUCKS 337
16.3 GROWING FOCUS ON AUTONOMOUS SHUTTLES FOR PUBLIC TRANSPORT 338
16.4 CONCLUSION 338
17 APPENDIX 339
17.1 KEY INSIGHTS FROM INDUSTRY EXPERTS 339
17.2 DISCUSSION GUIDE 339
17.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 343
17.4 CUSTOMIZATION OPTIONS 345
17.4.1 SEMI-AUTONOMOUS & AUTONOMOUS TRUCKS AND BUSES MARKET,
BY PROPULSION TYPE AT COUNTRY LEVEL (FOR COUNTRIES NOT COVERED IN THE REPORT) 345
17.4.2 SEMI-AUTONOMOUS & AUTONOMOUS TRUCKS AND BUSES MARKET,
BY SENSOR TYPE AT COUNTRY LEVEL (FOR COUNTRIES NOT COVERED IN
THE REPORT) 345
17.4.3 COMPANY INFORMATION 345
17.4.3.1 Profiling of additional market players (Up to 10) 345
17.5 RELATED REPORTS 346
17.6 AUTHOR DETAILS 347