DUBLIN--(BUSINESS WIRE)--Aug 23, 2018--The "ADAS and Autonomous Driving Industry Chain Report 2018 (VI)- Commercial Vehicle Automated Driving" report has been added to ResearchAndMarkets.com's offering.

With the enforcement of the new standard Safety Specifications for Commercial Bus, the commercial vehicle ADAS market in China springs up, and start-ups such as Roadefend, Maxieye, Minieye and INVO have earned the revenue of tens of millions or even hundreds of millions of yuan.

In terms of autonomous commercial vehicle, solution providers such as Westwell Lab, TrunkTech, PlusAI, TuSimple and FABU Technology have arisen. Most of them are committed to unmanned port trucks with autonomous container truck solutions. In China, there are more than 20,000 container trucks at ports, and each driver is paid about RMB300,000 per year, an opportunity for autonomous driving replacement.

There are many challenges for the access of autonomous driving to any particular scenario. For instance, driverless container trucks need to be in line with the production logic and dock management system of ports and interact with bridge cranes, tire cranes and other equipment. It sounds like autonomous driving along fixed routes. In fact, a new driving environment will be created in less than half a day after the containers stacked at ports are hoisted back and forth.

Autonomous commercial vehicles are first seen as port container trucks, which is quite similar to low-speed automated vehicle applied for driverless delivery. Closed areas, low-speed driving, the rising labor costs as well as the developed e-commerce and logistics in China are all driving factors.

Commercial vehicle automated driving solution providers often partner with commercial vehicle manufacturers to enter a target market.

After the first-kilometers and last-kilometers unmanned freight market starts, the much larger freeway autonomous truck market will grow in a progressive way. Initially, autonomous trucks will be realized through platooning -- the first truck is manipulated by a driver while the following trucks are not.

Platooning will go through CACC, Platooning, Connected Platooning and other stages.

Europe is a leader in platooning. Individual carmakers conduct Platooning tests, and multiple automakers organize cross-brand trucks for driving tests and even hold European Truck Platooning Challenge. There is an urgent need for Chinese companies to catch up in this field.

The amazingly huge autonomous driving market is full of difficulties and challenges to ground, and the commercialization process is slower than expected. Fortunately, the Chinese market has witnessed the world's largest number of autonomous driving start-ups that work closely with traditional automakers to step into various segments and solve all technical problems around the clock. Like Chinese electric vehicle market which is the largest in the world, China's autonomous driving market is bound to be the biggest one around the globe.

Key Topics Covered:

1 Overview of Commercial Vehicle Automated Driving Industry

2 Technology, Stages and Costs of Commercial Vehicle Automated Driving

3 Commercial Vehicle Platooning Autonomous Driving

4 Foreign Providers of Commercial Vehicle Automated Driving Solutions

5 Chinese Commercial Vehicle Automated Driving Solution Providers

6 Automated Driving Layout of Foreign Commercial Vehicle Companies

7 Automated Driving Layout of Chinese Commercial Vehicle Companies

Companies Mentioned

Beiqi Foton Motor Co., Ltd. BestMile CRRC Corporation Limited China National Heavy Duty Truck Group Co., Ltd. (SINOTRUCK) Daimler Dongfeng Motor Corporation Einride Embark FAW Jiefang Automotive Co., Ltd. G7 Hangzhou Zhuying Technology Co., Ltd./Fabu Technology Limited Henan Huhang Industry Co., Ltd. INRIX KeepTruckin Kodiak Oxbotica PACCAR Peloton Technology PlusAI Inc. SAIC-IVECO Hongyan Commercial Vehicle Co., Ltd. SCANIA Shaanxi Automobile Holdings Limited Shanghai Westwell Information Technology Co., Ltd. Starsky Robotics Tianjin Tsintel Technology Co., Ltd. TrunkTech Volkswagen (VW) Volvo WABCO Xiamen King Long United Automotive Industry Co., Ltd. Zhengzhou Yutong Bus Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/lhpwpm/china_adas_and?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180823005326/en/

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Related Topics:Automotive,Commercial Vehicles

KEYWORD: ASIA PACIFIC CHINA

INDUSTRY KEYWORD: AUTOMOTIVE GENERAL AUTOMOTIVE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/23/2018 06:54 AM/DISC: 08/23/2018 06:54 AM

http://www.businesswire.com/news/home/20180823005326/en