Volvo opens new, $38 million customer center, product showcase

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Toward Zero Accidents: Volvo Active Driver Assist now standard

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Self-Driving is a Global Thing

According to Infoholic Research, the global autonomous vehicle market revenue is expected to grow at a compound average growth rate (CAGR) of 39.6% over the next 10 years-- resulting in a $126.8 billion market by 2027.

“The increasing investments from the automakers, the rising consumer demands, and technology advancements in the automotive industry have led to the increased demand for driverless vehicles,” stated the research firm in a press release on its newly released market report.

“In the current market scenario, self-driving is not just limited to cars but is also gaining popularity among public transport and trucks," said Infoholic Research. Thus, most of the enterprise sectors including retail, manufacturing, transportation and logistics will prefer autonomous vehicles for delivery purposes in the future.”

Mercedes-Benz Actros tractor used to demonstrate Daimler's Highway Pilot Connect autonomous technology on German roads. Photo: David Cullen

In terms of product type, software is expected to hold the major market share, followed by the hardware and services segments.

“The software segment is mainly driven by the fully autonomous vehicles when compared to semi-autonomous vehicles,” Infoholic stated. And while hardware providers have “new business opportunities due to different types of components that will be used in autonomous vehicles,” hardware market share is expected to drop in the coming years as "the adoption rate of autonomous vehicles increases."

Segmentation by region shows that North America is the leading arena in the autonomous vehicle market. Infoholic called it “an attractive destination for key stakeholders due to the availability of high-end infrastructure, rising investments from automakers, and government initiatives."

Also key will be the Asia Pacific region. China, India, and Japan are expected to lead that market for the next 6 to 8 years. The researchers ...Read the rest of this story

Despite challenges, 6×2 axle configurations offer benefits

The North American Council for Freight Efficiency (NACFE) said 6x2 axle configurations continue to offer “undeniable fuel consumption improvement,” but adoption rates remain fairly low due to higher tire wear, poor residual values, and a negative perception.

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Peterson’s 290 Series Lights Designed to Be Small and Durable

Peterson's 290 series LED License/Utility light, has a compact, rugged design and a single-diode Great White LED designed for good performance and durability.

The light features precision optics and improved light dispersal combined with a compact design and single-diode economy.

The 290 series lights are available as low-profile utility/auxiliary lights measuring just 3-inch wide by 0.6-inch high, or as legal license lights when installed with either a top- or side-mount spacer bracket. Hard-wired with a choice of either stripped leads or .180 bullet connectors, the new lights surface-mount on 2-inch centers.

“We think our new 290 series lights are the most exciting LED license light design on the market,” said Mark Assenmacher, Peterson's marketing director. “Their precision optics with optimal light output and superior dispersal make these USA-made products the best value in LED license lights.”

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