2 Steps to Invest in Autonomous Trucking Tech

There is no turning back.

A new segment of the autonomous truck market is ready to take daily delivery services to the next level.

Full of us America 2.0 Megatrends such as:

  • Internet of Things camera.
  • radar.
  • Self-driving software.
  • 5G network communication connection.
  • semiconductor.
  • And a LiDAR (light detection and ranging) sensor …

Autonomous truck technology has made revolutionary advances and is now applying these discoveries to the freight delivery market.

Delivery of cargo, whether food, clothing, construction materials or auto parts, Economy..

Freight transportation is one of the top industries to ensure that we have the items we need to survive.

In the United States, the truck industry generates $ 977 billion annually.

Approximately 71% of the cargo that travels across the United States is transported by truck.

According to the American Trucking Associations, more than 10 billion tonnes of cargo annually requires more than 3.6 million trucks and more than 3.5 million professional truck drivers.

Without trucking, most important industries would be adversely affected within 24 hours.

In addition, with the rapid growth of the e-commerce market, the demand for truck freight delivery is increasing rapidly.

Before the industry soars, there are two steps to getting in touch with it.

What’s the next step to meet demand? Autonomous truck!

according to Logistics managementSince the beginning of 2020, the volume of freight delivery has increased.

… The end is invisible and can be a permanent change in behavior [and] … Carriers have provided the opportunity to investigate, test and invest in alternative ways to provide pickup, transportation, sorting and delivery.

On the horizon, you can see drone deliveries, self-driving cars, and other robots. All of these are smooth and environmentally friendly technologies. This is not a theory..

Self-driving cars are on the UPS and USPS roads between Phoenix and Tucson, and between Dallas and Fort Worth today. Drones are moving prescriptions in Florida’s adult community, and robots are unloading trailers at FedEx in Memphis.

Also, in some sectors, demand from the freight delivery boom is rising, preparing for autonomous truck turmoil.

It is called the “middle mile”.

Well, you’ve heard me talking about the last mile — the last stretch of the delivery journey from the truck to your front door.

Middle Miles, as you can imagine, are the routes between two business-to-business exchanges.

According to Statista, the average daily package volume for intercompany shipping is skyrocketing.

Taking FedEx Ground as an example, since 2016, the average daily package volume has increased by 63% to over 12.27 million units.

Meanwhile, according to the American Trucking Associations, the trucking industry expects a shortage of 100,000 drivers by 2023.

This indicates that there is no backtracking.

As the driver shortage begins to worsen, the need for business-to-business transactions will continue to grow.

We follow megatrends that help meet the growing demand for inter-company shipping in the face of driver shortages … self-driving technology.

One of the self-driving start-ups is betting on the growth prospects of the autonomous truck middle mile market.

This startup — Gatik AI — Is the first self-driving box truck of this type to prepare for mainstream middle-mile self-driving truck delivery.

Gatik automatic truck

Middle mile delivery is very attractive to the autonomous truck industry. These routes may be faster for autonomous middle mile delivery. This is because the route is fixed with fewer variables.

Self-driving trucks can encounter the same roads with the same traffic conditions every day.

And the most interesting part is America 2.0 Mega Trend Tech It will help promote these self-driving cars in the future.

And that’s our place investment The opportunity begins.

Two Steps to Invest in Middle Mile Autonomous Truck Takeover!

The biggest America 2.0 technology required for this is a state-of-the-art sensor.

The sensor device market is the next major market Fourth Industrial Revolution Breakthroughs in the Internet of Things in manufacturing, supply chains and industrial goods, as well as autonomous driving technology.

Sensor technology helps these entities use this America 2.0 technology to move cargo seamlessly and efficiently across the supply chain with limited latency.

By definition, a sensor is a device that measures a physical input from the environment and converts it into data that can be interpreted by either humans or machines. “

Sensor technologies such as photodetection and distance measurement (LiDAR) are important in the hot autonomous transportation sector.

LiDAR is a sonar that uses pulsed laser waves to map the distance to nearby objects.

Self-driving cars use LiDAR sensors to “check” and navigate the environment in real time to make informed decisions about when to decelerate, stop, or turn.

LIDAR infographic

LiDAR sensors work with cameras, radar and GPS to move and operate self-driving trucks.

And that’s where investment comes in today.

The global sensor market is projected to nearly double.

From about $ 183 billion today, it could exceed $ 351.5 billion by 2027. This is a compound annual growth rate of 9.8%. It’s a market ripe for investment.

Here are two steps you can take to invest in the growing self-driving truck market through LiDAR sensors:

Step 1: Buy shares at ARK Autonomous Technology & Robotics ETF (BATS: ARKQ)...

This Exchange Traded Fund (ETF) We aim to invest in companies that are in a position to benefit from the widespread adoption of autonomous and autonomous driving technologies and software.

Step 2: Check out Paul’s new presentation About the major megatrends that shape the automotive industry.

We’re talking about artificial intelligence technology that fuels self-driving cars and one device at the core of electric vehicles (EVs) … batteries.

Remember Paul shouted “buy” when Tesla was a $ 50 stock? Now he says this may be 10 times bigger than an EV.

And he recommends inventory for this new energy exercise that could lead to a 12 million mile battery.

To see all the details click here.

As a longtime fan of all automobiles, I can’t wait to see how this new technology will transform the industry!

Until next time,

Amber Lancaster smart home

Amber Lancaster
Investment Research Director, Banyan Hill Publishing

2 Steps to Invest in Autonomous Trucking Tech Source link 2 Steps to Invest in Autonomous Trucking Tech

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