Comparison of long-haul autonomous trucking technology companies in the United States, with Aurora, Embark Trucks, Kodiak Robotics and TuSimple
DUBLIN, January 13, 2022 /PRNewswire/ — The “US Long-Haul Autonomous Trucking Technology Companies, 2021: Freeze Radar Report” report has been added to from ResearchAndMarkets.com offer.
The trucking industry is plagued by driver shortages, higher vehicle prices, fuel price volatility, safety issues and performance limitations amid rapidly changing trucking practices. handling, storage and distribution of freight.
Self-driving technologies would help address some of these challenges by providing a cost-effective and safe mode of freight transportation. Large fleets and logistics operators have defined autonomy in their process value chain to reduce costs and ensure long-term market sustainability. Truck manufacturers and customers realize the opportunities that autonomous technology can bring to the trucking industry, but they are also skeptical about the usability and practical implementation. Some US state regulations allow road testing of vehicles limited to defined range levels.
Rich with opportunities, the industry is witnessing the emergence of several start-ups that want to implement large-scale autonomous truck operations on North American roads. Many of these companies are developing end-to-end technology solutions guided by camera and lidar-based vision inputs that are processed by deep learning and artificial intelligence technologies to automatically maneuver and navigate the vehicle. . Although autonomous technology is in its infancy, its implementation in commercial vehicles is considered more plausible in the immediate future than in passenger vehicles. The start-ups are working on self-contained layers at different stages of the cargo handling journey.
Major e-commerce and logistics companies such as Amazon, Walmart, UPS and Loadsmart are partnering with autonomous technology enablers and testing their applications on retrofitted trucks. Achieving Tier 4 trucking capability will be a major milestone allowing trucks to operate without human intervention at any stage. Although deployment is still a long way off, Tier 4 is the major focal point for manufacturers and start-ups, with several pilots and trials already underway. Tier 4 trucks could be on the market by 2025 and carry about 6.4% of annual general cargo tonnage in United States by 2030, resulting in savings of approximately $4.75 billion in annual transportation bills.
The report reveals the market positioning of companies in a sector using their growth and innovation scores. The document presents competitive profiles on each of the companies based on their strengths, opportunities and a small discussion on their positioning.
- Board trucks
- Kodiak Robotics
- Nuro/Ike Robotics
- Robotic Torque
- Via Waymo
For more information on this report, visit https://www.researchandmarkets.com/r/q8sqyn
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SOURCE Research and Markets