Learn about the global autonomous commercial vehicle market through The Business Research Company, which provides information on autonomous commercial vehicle market size, autonomous commercial vehicle market drivers and restraints, autonomous commercial vehicle market players, the COVID-19 impact on the autonomous commercial vehicle market, and more.

The global autonomous commercial vehicle market size is expected to grow from $5.17 billion in 2021 to $6.41 billion in 2022 at a compound annual growth rate (CAGR) of 23.9%. The global autonomous commercial vehicles market size is expected to grow to $13.71 billion in 2026 at a CAGR of 20.9%

The increase in government approvals for testing autonomous trucks on public roads drives the growth of the autonomous commercial vehicles market.

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The autonomous commercial vehicle market consists of sales of autonomous commercial vehicles and their related services. Autonomous commercial vehicles are also known as self-driving or robot vehicles. The autonomous vehicle uses various technologies and software such as artificial intelligence, RADAR sensors, light detection & ranging (LiDAR), and others to navigate, control, and drive the vehicle.

Global Autonomous Commercial Vehicle Market Segments Include:

By Vehicle: Truck, Trailer, Bus, Others

By Automation Level: Driver Assistance, Partial Automation, Conditional Automation, High Automation, Full Automation

By Fuel Type: Conventional, Hybrid Vehicle, Electric Vehicle.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the autonomous commercial vehicle market in 2021.

The major players in the autonomous commercial vehicles market are acquiring technology and robotics companies to develop advanced technologies.

TBRC’s autonomous commercial vehicle market report covers:

Major Market Players: Volkswagen, Daimler, Tesla, Denso, Continental, Waymo, BMW AG, Isuzu Motors Limited, General Motors, and AB Volvo.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Autonomous Commercial Vehicle Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides autonomous commercial vehicle market overviews, analyzes and forecasts market size, share, autonomous commercial vehicle market players, autonomous commercial vehicle market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s autonomous commercial vehicle market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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