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Market Analysis Trucks
Apparently the business case for self driving trucks is more ready and the saved fatalities and saved costs can easily justify the investment without the need to wait 10-20 years for huge adoption.
The high initial cost of a truck can easily accept the overhead costs of self driving systems versus a passenger car where overhead can exceed 100% of the car price.Causes of those accidents can vary between unskilled drivers, bad weather conditions, bad visibility of other traffic participants due to blind spots, or vehicles issues due to missing, or late maintenance.
Read MoreSafety
As the business of freight transportation is increasing across the world, and the human population is also increasing, The safety issues related to truck accidents are also increasing. Number of fatalities and injuries from truck accidents is increasing a lot since 2008.
Causes of those accidents can vary between unskilled drivers, bad weather conditions, bad visibility of other traffic participants due to blind spots, or vehicles issues due to missing, or late maintenance.
Read MoreFinancial Losses
Truck accidents not only cause safety issues but also a lot of financial impacts due to compensations, fines, losses and damages to goods.
A recent research from the Federal Motor Carrier Safety Administration (FMCSA) estimates the average cost of a commercial truck accident where one person was injured at $148, 279. Furthermore, a trucking accident involving a fatality is substantially more expensive at $7.2 million.
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