NOV 26, 2024
| Paras Sharma
Could unmanned vehicles shake up the road freight industry?
One of the current areas of technology development that most grabs the imagination and has the potential for disruption of the status quo is autonomous vehicles. In most cases this focuses on passenger vehicles. However, Transforma Insights recently published a report, ‘Autonomous Road Freight Vehicles: 1.1 million revenue generating units by 2033 to support road freight operations’, which discusses in detail how one branch of autonomous vehicles, those for transporting freight, can revolutionise goods transportation with minimal human intervention. Even though the size of the market is relatively small today, it is poised for rapid expansion, driven by various benefits that will be briefly discussed in this blog. In it, we explore the need for autonomous road freight vehicles, their benefits, regulatory landscape in selected regions, and notable vendors operating in this dynamic market.
region: ALL
Transportation & Storage
Artificial IntelligenceHyperconnectivityInternet of ThingsEdge ComputingAutonomous Robotic Systems