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Stock impact report

Autonomous Truck Market By Level of Automation, Application, ADAS Features, Sensor, and Region [MarketWatch]

Aptiv PLC Ordinary Shares (APTV) 
Last aptiv plc ordinary shares earnings: 1/30 06:45 am Check Earnings Report
Company Research Source: MarketWatch
2024, at a CAGR of 22.4%. The forecast period is from 2024 to 2030. The autonomous truck segment is the future of the trucking and transportation industry. Especially after the global pandemic of COVID-19, many e-commerce and shipping companies will be looking to develop autonomous truck deliveries to avoid human contact. The global Semi-Autonomous Truck Market size is projected to reach 3,254 thousand units by 2025, from an estimated 948 thousand units in 2020, at a CAGR of 28.0%. The semi-autonomous truck segment has witnessed rapid evolution with governments across the world regulating advanced safety features such as AEB and BSD, and OEMs offering trucks with modern driver-assist features. Rise in road accidents, government regulations regarding safety features, companies eyeing a reduction in delivery & transportation cost, and the increasing need for efficient yet feature-rich modern trucks have compelled automotive OEMs to develop semi-autonomous and autonomous trucks. In t Show less Read more
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