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The Big 4 sensors—pressure, flow, temperature and level—measure parameters that are most critical to both process and discrete field monitoring applications. This research service analyzes the global market for flow, level, pressure, and temperature sensors and transmitters and offers a quantitative model with revenues and forecasts for the flow, l...

Venturing into emerging markets is imperative for businesses seeking to capitalize on opportunities such as capturing market share, leveraging lower operating costs, diversifying supply chains, accessing young talent, expanding into strategic hubs, and driving innovation by addressing local needs. In light of the future growth potential identifi...

This Frost & Sullivan research service analyzes new vehicle online retailing, focusing on the European, North American, Asian, South American, and Chinese new passenger vehicle market. It provides an overview of the retail digitalization influence on OEMs and other stakeholders in the retail value chain. This study discusses potential digital tren...

Autonomous trucks are the next logical step to overcome logistics bottlenecks and match pace with the rapidly changing freight carriage ecosystem. Unlike human drivers, who must limit their operating hours to remain safe, autonomous systems can operate trucks 24-7, increasing commodity flow in the freight value system. Several leading automotive OE...

This Frost Radar™ highlights seven start-ups actively engaged in testing and developing Level 4 autonomous trucks in the United States and Europe to alleviate driver shortages and reduce accidents while making truck transportation more efficient. The analysis includes an overview of each company’s product offerings, research and development endeav...

Provide a quantitative model that describes revenues and forecasts of flow, level, pressure and temperature sensors and transmitters markets Describe the drivers and restraints affecting the flow, level, pressure and temperature sensors and transmitters market worldwide. Provide a quantitative model that describes revenues and forecasts of flow, le...

Autonomous trucks have long been considered the solution to overburdened road freight networks and inefficient logistics chains. At a time of acute driver shortages, autonomous trucks also promise safety, 24/7 operation, resource usage optimization, and uninterrupted commodity flow. With L4 automation capabilities, the overall cost of long and reg...

Autonomous trucks have long been considered the solution to overburdened road freight networks and inefficient logistics chains. At a time of acute driver shortages, autonomous trucks also promise safety, 24/7 operation, resource usage optimization, and uninterrupted commodity flow. With L4 automation capabilities, the overall cost of long and regi...

20 Jul 2020  |  North America  |  Market Research

Opportunities and Use Cases for Autonomous Trucking, Forecast to 2040

Level 1 and Level 2 Vehicles will Account for Around 88% Share of the Overall M&HCV Market, and Level 4 Around 12%, by 2040. Autonomous Trucks will Enable Annual Savings of $4.75 Billion in General Freight Alone by 2030 in the United States

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Global trucking demand is on the rise with the consistent increase in capacity, need for faster transfer influenced by economic developments, new business ventures, and changing buying patterns. However, the trucking industry in general is plagued by concerns like driver shortage, vehicle price increases, fuel price volatility, road safety, and per...