Focusing on applications, products, and competitive environments, providing analysis and forecasts from 2024 to 2034.
This is a market analysis report from BIS Research. The semi-autonomous and autonomous truck and bus market is expected to grow to $43.96 billion in 2024 and $135.23 billion by 2034, driven by the demand for improved traffic safety and operational efficiency. Technologies such as adaptive cruise control and automatic braking are reducing accident risks, while cost reductions and regulatory enhancements are promoting market growth. North America leads the market, with companies like Daimler Truck AG and Ford playing significant roles. The market is segmented across various dimensions, including application, level of autonomy, propulsion type, and sensor type, with an anticipated increase in demand for electric and hybrid vehicles in the future.
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