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Automated External Defibrillators Market is projected to reach USD 1.62 Billion by 2030, growing at a CAGR of 9.43%: Straits Research

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New York, United States, June 30, 2022 (GLOBE NEWSWIRE) — Automated external defibrillators are life-saving gadgets used to regulate the heartbeat. AEDs are portable medical devices designed to treat sudden cardiac arrest, a condition in which the heart stops beating unexpectedly. Cardiopulmonary resuscitation and early defibrillation effectively save lives when administered within the first few minutes following cardiac arrest. Typically, this happens when severance is caused by the heart’s electrical activity, which results in a dangerously fast or irregular heartbeat. Either of these irregular heart rhythms inhibits the heart’s ability to effectively pump blood and can result in cardiac arrest.

Batteries and electrode pads are necessary for the AED to detect and interpret an electrocardiogram and administer an electrical shock. The prime contributors to the growth of the automated electronic defibrillator market are the increasing prevalence of cardiac diseases, the rising geriatric population, technological advancements in the field, and the rising investment by market participants. In addition, the prevalence of sedentary lifestyles and the increase in the global geriatric population contribute to the rise in the incidence of cardiovascular diseases.

According to the Journal of Cardiovascular Development and Disease article titled ‘Cardiovascular Risks Associated with Gender and Aging,’ risk factors closely associated with advanced age, such as frailty, obesity, and diabetes, exacerbate the risk of cardiovascular disease. According to these studies, the risk of cardiovascular diseases increases with age. Consequently, AED usage will increase in the near future.

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Growing Prevalence of Cardiac Diseases and Technological Advancements in the Field of Defibrillators Drives the Market

During the forecast period, the market for automated external defibrillators is expected to be bolstered by the rising incidence of cardiac diseases across all age groups, traumatic work conditions, a sedentary lifestyle, and the incrementing intake of tobacco alcohol, and illicit drugs. According to an article published in the International Journal of Stroke in January 2020 titled “Global epidemiology of atrial fibrillation: An escalating epidemic and public health challenge,” the incidence of atrial fibrillation worldwide is 37,574 million cases (0.51 %) and has increased by 33% over the past two decades.

In addition, according to future projections, the total burden of atrial fibrillation may increase by over 60 % by 2050. This escalating prevalence of arrhythmia generates demand for automated external defibrillators, propelling the growth of the analyzed market over the forecast period. In addition, the rising incidence of cardiovascular disease-related deaths contributes to the expansion of the market. Further, the incidence of cardiovascular diseases among adults older than 80 years was noted as 89.3 % in the male population and 91.8 % in the female population. Due to the high prevalence of cardiac disease in the elderly, the market is growing. Consequently, it is anticipated that the market will expand during the forecast period.

The sophisticated healthcare infrastructure, favorable government initiatives regarding product development, and relatively high healthcare expenditures pave the way for advancing technology in healthcare, thereby boosting the scope of the automated external defibrillator market. In addition, market participants are collaborating on developing a comprehensive end-to-end method that integrates innovative hardware and advanced software to expand the pre-hospital scope of care for first responders. Thereby accelerating market growth.

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Underlying Market Opportunities for Automated External Defibrillators

With the advancement in innovation and technology and the increasing demand for automated external defibrillators, market participants are continuously increasing their investment in the field, which will propel the growth of the analyzed market over the coming years. MicroPort Cardiac Rhythm Management Limited, a subsidiary of MicroPort Scientific Corporation specializing in manufacturing and commercializing implantable pacemaker and defibrillator equipment and technologies to manage cardiac rhythm disorders, entered into definitive agreements in July 2021 for its USD 150 million Series C financing. Such a rise in market participant investment is influencing market expansion.

The market leaders in automatic external fibrillation are expanding their research and innovation to create new products. According to Philips’ 2020 annual report, the company spent EUR 1,759 million on research and development in 2018, EUR 1,884 million in 2019, and EUR 1,910 million in 2020. This escalating investment is propelling the market growth.

Key Highlights

  • The global automated external defibrillators market was valued at USD 717 million in 2021. It is estimated to reach USD 1,621 million by 2030, growing at a CAGR of 9.49% during the forecast period (2022–2030).
  • Based on type, the global automated defibrillators market is segmented into Semi-Automated External Defibrillators and Fully Automated External Defibrillators. Semi-Automated External Defibrillator commands the largest share in the market and is expected to grow at a CAGR of 9.32% during the forecast period.
  • Based on end-user the global automated defibrillators market is segmented into Hospitals/Clinics, Home Care, and Others. Hospitals/Clinics are the largest market shareholder and are expected to grow at a CAGR of 8.95% by 2030.
  • Region-wise, the global automated defibrillators market is segmented across North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. North America acquires the largest position in the market and is expected to grow at a CAGR of 9.32% by 2030.

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Regional Insights

North America is the largest region in the market and is expected to grow at a CAGR of 9.32% by 2030. The US is the biggest contributor to regional growth. The market for automated external defibrillators in the US is increasing due to the prevalence of cardiovascular diseases, new products, and key market players in the region. According to statistics published in January 2019 by the American Heart Association, nearly half of all Americans have cardiovascular diseases, such as hypertension, coronary heart disease, etc., which is expected to increase the cases of cardiovascular patients in the country, driving the market growth.

Europe is expected to generate a revenue of USD 603 million at a CAGR of 9.70% by 2030. Germany and France are expected to contribute mainly to the developing European AED market. Along with the launching of new products and the extensive research and development infrastructure in Germany, the high prevalence of cardiovascular diseases in Germany is the primary factor responsible for the expansion of the market for automated external defibrillators (AEDs).

Asia-Pacific is growing swiftly, owing to Japan and China. China’s increasing work intensity and lifestyle shifts are anticipated to contribute to the market’s growth for automated external defibrillators (AEDs), along with the rising demand for and awareness of AEDs in the workplace. Due to the growing prevalence of cardiovascular diseases and cases of unexpected cardiac deaths in the country, the central government of China, in collaboration with the provinces, is expected to expand access to automated external defibrillators (AEDs) across the country. This effort aims to lower the mortality rate associated with cardiac arrests by using AEDs in emergencies.

Top Competitive Players in Automated External Defibrillators Market

  • Asahi Kasei Corporation,
  • Koninklijke Philips NV,
  • Nihon Kohden Corporation,
  • Schiller AG,
  • Shenzhen Mindray Bio-Medical Electronics Co. Ltd,
  • Stryker Corporation,
  • CU Medical System Inc.,
  • Mediana Co. Ltd.,
  • BPL Medical Technologies Pvt. Ltd.,
  • ViVest Medical.

Global Automated External Defibrillators Market: Segmentation

By Type

  • Semi-Automated External Defibrillators
  • Fully Automated External Defibrillators

By End-User

  • Hospitals/Clinics
  • Home Care
  • Other End Users

By Regions

  • North America
  • Europe
  • Asia-Pacific
  • The Middle East and Africa
  • South America

TABLE OF CONTENT

1          Introduction
1.1      Market Definition
1.2      Market Scope
2          Research Methodology
2.1      Primary Research
2.2      Research Methodology
2.3      Assumptions & Exclusions
2.4      Secondary Data Sources
3          Executive Summary
4          Market Overview
4.1      Report Segmentation & Scope
4.2      Value Chain Analysis: Automated External Defibrillators Market
4.2.1  Vendor Matrix
4.3      Key Market Trends
4.3.1  Drivers
4.3.2  Restraints
4.3.3  Opportunities
4.4      Porter’s Five Forces Analysis
4.4.1  Bargaining Power of Suppliers
4.4.2  Bargaining Power of Buyers
4.4.3  Threat of Substitution
4.4.4  Threat of New Entrants
4.4.5  Competitive Rivalry
4.5      Environment & Regulatory Landscape
4.6      Forecast Factors & Relevance of Impact
4.7      Macro-Economic & Geopolitical Scenario
4.8      Parent Market Overview
4.9      Technology Landscape
4.10   Market Share Analysis
4.11   Potential Venture Analysis
4.12   Regional Price Trends
4.13   Raw Material Trends
4.14   Cost Structure Analysis
4.14.1            Labor Cost
4.14.2            Consumables
4.14.3            Maintenance Cost
4.15   Covid-19 Impact Analysis:
4.15.1            Pre and Post Covid-19 Market Scenario Analysis
4.15.2            Market Recovery Timeline and Challenge
4.15.3            Measures Taken by Top Players
4.15.4            Quarterly Market Revenue and Growth Forecast till 2021
4.15.4.1        North America
4.15.4.2        Europe
4.15.4.3        Asia-Pacific
4.15.4.4        Central and South America and the Caribbean
4.15.4.5        The Middle East and Africa
5               Type Overview
5.1      Introduction
5.1.1  Market Size & Forecast (Value & Volume)
5.2      Semi-Automated External Defibrillators
5.2.1  Market Size & Forecast (Value & Volume)
5.3      Fully Automated External Defibrillators
5.3.1  Market Size & Forecast (Value & Volume)
6               End User Overview
6.1      Introduction
6.1.1  Market Size & Forecast (Value & Volume)
6.2      Hospitals/Clinics
6.2.1  Market Size & Forecast (Value & Volume)
6.3      Home Care
6.3.1  Market Size & Forecast (Value & Volume)
6.4      Other End Users
6.4.1  Market Size & Forecast (Value & Volume)
7             Regional Overview
7.1      Introduction
7.1.1  Market Size & Forecast (Value & Volume)
7.2      North America
7.2.1  Economic Overview
7.2.2  Market Scenario
7.2.3  U.S.
7.2.4  Canada
7.2.5  Mexico
7.3      Central and South America and the Caribbean
7.3.1  Economic Overview
7.3.2  Market Scenario
7.3.3  Brazil
7.3.4  Argentina
7.3.5  Colombia
7.3.6  Rest of Central and South America and the Caribbean
7.4      Europe
7.4.1  Economic Overview
7.4.2  Market Scenario
7.4.3  Germany
7.4.4  France
7.4.5  The U.K.
7.4.6  Italy
7.4.7  The Rest Of Europe
7.5      Asia-Pacific (APAC)
7.5.1  Economic Overview
7.5.2  Market Scenario
7.5.3  China
7.5.4  Japan
7.5.5  India
7.5.6  Australia
7.5.7  South Korea
7.5.8  Rest Of APAC
7.6      Middle East
7.6.1  Economic Overview
7.6.2  Market Scenario
7.6.3  South Arabia
7.6.4  The UAE
7.6.5  Qatar
7.6.6  Oman
7.6.7  Turkey
7.6.8  The Rest Of Middle East
7.7      Africa
7.7.1  Economic Overview
7.7.2  Market Scenario
7.7.3  Nigeria
7.7.4  South Africa
7.7.5  The Rest Of Africa
8          Competitive Landscape — Manufacturers & Suppliers
8.1      Competition Dashboard
8.2      Industry Structure
8.3      Asahi Kasei Corporation
8.3.1  Business Overview
8.3.2  Financial Performance
8.3.3  Recent Developments
8.3.4  Portfolio
8.4      Koninklijke Philips NV
8.5      Nihon Kohden Corporation
8.6      Schiller AG
8.7      Shenzhen Mindray Bio-Medical Electronics Co. Ltd
8.8      Stryker Corporation
8.9      CU Medical System Inc.
8.10   Mediana Co. Ltd.
8.11   BPL Medical Technologies Pvt. Ltd
8.12   ViVest Medical
9          Conclusion & Recommendation
10       Acronyms & Abbreviations

Read the full Report Description with Table of Content and Figure @ https://straitsresearch.com/report/automated-external-defibrillators-market/toc

Market News

  • In 2022, Asahi Kasei Medical completed its acquisition of Bionova Scientific, LLC.
  • In 2022, Asahi Kasei Microdevices Crop. and Silentium entered into a license agreement for Quiet Bubbleä Active Road Noise Cancellation.

News Media

How Wearable Devices are Changing Healthcare, 21% of People in the US Regularly Wear a smartwatch
How COVID-19 Pandemic Accelerated the Global Telemedicine Market
Global Biosensors Market to Earn a Remarkable Market Share During Forecast Period
The Increase in Awareness Towards Health and Fitness Spur the Global Wearable Healthcare Devices Market
Technology Driven Advancements to Boost the Therapeutics Apps Market Growth

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About Straits Research Pvt. Ltd.
StraitsResearch is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. Straits Research Pvt. Ltd. provides actionable market research data, especially designed and presented for decision making and ROI.
Whether you are looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with the client’s purchase. We overcome our clients’ issues by recognizing and deciphering the target group and generating leads with utmost precision. We seek to collaborate with our clients to deliver a broad spectrum of results through a blend of market and business research approaches.

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Artificial Intelligence

Cybersecurity veteran Simon Church Joins CyXcel as Chief Strategy Officer

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LONDON, May 9, 2024 /PRNewswire/ — CyXcel, a leading cybersecurity business with operations in the UK and North America, announces the appointment of Simon Church as Chief Strategy Officer. A 35-year veteran of the technology industry, Church brings a wealth of cyber expertise and commercial development to the role. Church’s appointment solidifies CyXcel as a pioneering force in combining security, regulatory, and legal expertise for established companies and those expanding into new markets, ensuring protection and recovery of their critical business assets.

As Chief Strategy Officer, Church will spearhead CyXcel’s strategic initiatives to drive innovation, foster partnerships, and accelerate growth opportunities. His appointment underscores CyXcel’s commitment to fortifying its strategic offering and enhancing its position as a leader at the nexus of risk analysis, response management and incident resolution. His vast experience in go-to-market strategies and M&A will be instrumental in driving CyXcel’s growth and expansion initiatives.
Church has held executive leadership positions at market-leading cybersecurity and technology companies such as Maxive Cyber Security (acquired by Thales), Optiv, Vodafone, NTT Security, Verisign, and NetIQ. His experience includes strategic roles  in identity management, networking, and managed services and he brings a strong track record of delivering commercial growth, including leading on commercial acquisitions. 
In addition to his role at CyXcel, Church serves as Chair of Xalient, a UK-headquartered converged cyber, identity, and networking managed services company. He is also a Board member and strategic advisor to Redshift, as well as a Board member at beqom. Furthermore, Church serves on the Advisory Board of Glasswall, a UK-based security technology company.
Ed Lewis, CyXcel Co-Founder and Managing Partner commented:
“Simon’s unparalleled expertise and proven track record will be invaluable as we continue to innovate and deliver pioneering solutions to our clients worldwide. With Simon’s strategic leadership, we are poised to achieve new heights in our mission to safeguard enterprises and navigate the complex geopolitical, regulatory and legal implications of ever-evolving cyber threats.”
Simon Church said:
“I’m thrilled to be joining such an experienced and ambitious team and the CyXcel offer is unlike any I’ve ever seen. CyXcel has already established itself as a trusted partner in empowering organisational awareness and responsiveness to the financial, existential, and strategic complexities of global cyber threats. I look forward to delivering rapid growth around the world by developing and executing initiatives that provide unparalleled protection and value to our clients.”
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Artificial Intelligence

IBM Introduces New Microsoft Copilot Capabilities to Fuel AI-Powered Business Transformation

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ARMONK, N.Y., May 9, 2024 /PRNewswire/ — IBM (NYSE: IBM) today announced the availability of IBM Copilot Runway, a new offering from IBM Consulting designed to help enterprises create, customize, deploy and manage copilots including Copilot for Microsoft 365. With the new offering, clients will be able to seamlessly integrate copilots’ generative AI into their organizations in order to enhance productivity and drive business success. IBM Consulting has also formed a dedicated practice of consultants with Microsoft copilot skills, credentials and expertise to guide clients on their AI transformation journey.

As part of the new offering, IBM will work with clients to build custom copilots that can be tailored to fit the needs of specific business scenarios and efficiently deployed to help reduce the time and effort often required for implementations. IBM will initially focus on helping clients across priority use cases, including customer and field service, employee experience, and procurement and finance – as well as specific industries, like financial services, retail and CPG, government, and supply chain. These use cases will include:
The Procurement and Finance Contract Copilot which assists specialists in extracting valuable insights from contracts.The Customer Service and Field Service Copilot which gives agents and technicians access to self-service options and a time-saving generative AI search.The Employee Experience Copilot which is designed to enhance employee engagement.                                                                            IBM and Microsoft already serve clients across a variety of industries with a range of AI solutions and services. In fact, IBM Consulting worked with Virgin Money to develop and launch Redi, a conversational virtual assistant that helps credit card customers in the Virgin Money credit card app. Redi, powered by Virgin Money’s suite of Microsoft Copilots, is a testament to the power of partnership.
“Our customers tell us how much they enjoy interacting with Redi in the Credit Card app,” said Adam Paice, Head of Digital Proposition, Virgin Money. “Our partnership with IBM has helped us to get the most out of Microsoft Copilot to find a balance between innovation and control.”  
IBM Consulting is also scaling its Microsoft copilot capabilities and capacity across its network of Global Innovation Centers on each continent. For example, these capabilities are being used to co-create solutions with clients at IBM Consulting’s new IBM-Microsoft Experience Zone in Bangalore, India – a first of its kind in our collaboration.
At the Experience Zone, clients from around the world and across industries are working together with IBM Consulting in various technology stations to co-ideate and co-create generative AI-powered solutions – leveraging Microsoft technologies, including Copilot. Later this year, IBM Consulting plans to open additional IBM-Microsoft Experience Zones in Romania, U.K. and U.S., where clients in these regions can explore the power of Copilot. In addition IBM and Microsoft hosted a second client-focused hackathon with 800 participants, including clients and experts to build solutions leveraging Microsoft copilot – with winners to be announced this quarter.
“As IBM and Microsoft strengthen our partnership, we’re poised to empower more clients with Microsoft Copilot, supercharging productivity and boosting creativity through the power of generative AI,” said John Granger, Senior Vice President, IBM Consulting. “Our dedicated IBM Consulting Microsoft practice, along with Copilot-focused Experience Zones around the world, help us meet clients where they are and bring them the right generative-AI-enabled solutions for their businesses.”
“Clients need the right partners and technology to scale AI responsibly across the enterprise,” said Dinis Couto, General Manager of Global Partner Solutions for Microsoft. “With IBM’s dedicated group of Microsoft Copilot experts, we’re confident we can help more clients unlock the full potential of generative AI for their businesses.”
IBM purchased Copilot for Microsoft 365 for its practitioners. To continue building on the partnership, IBM has also invested in growing its team of experts and capabilities through acquisitions, like Neudesic and Bluetab.
IBM Consulting practitioners work with a range of leading AI software technologies and multiple models from both IBM and its strategic partners like Microsoft. IBM data and AI consultants typically employ multiple models, each applied to a specific use case. Different models can be optimized for specific tasks, enhancing performance and efficiency.
Microsoft is a trademark of Microsoft Corporation in the United States, other countries, or both.
About IBMIBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity and service.
Visit www.ibm.com for more information.
Media Contact:IBMCarolyn [email protected]
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Inceptio-Powered Autonomous Trucks Surpass 100 Million Kilometers in Safe Commercial Operations

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Major Milestone Advances Autonomous Heavy-Duty Truck Commercialization
SHANGHAI, May 9, 2024 /PRNewswire/ — Inceptio Technology (“Inceptio,” or the “Company”), an industry leading developer of autonomous driving technologies for heavy-duty trucks, today announced that heavy-duty trucks powered by the Inceptio Autonomous Driving System and its Truck Navigate-on-Autopilot (T-NOA) capabilities have surpassed the significant milestone of 100 million kilometers in safe commercial operations, reinforcing Inceptio’s global leadership in the commercialization of autonomous trucks.

This achievement underscores how L3 and L2+ autonomous heavy-duty trucks have been successfully deployed across the line-haul logistics sector, including express delivery, less-than-truckload (LTL) transportation, as well as contract logistics. This also reflects the significant value that autonomous trucks offer logistics operators. 
Accelerating the Adoption of Autonomous Trucks Across the Line-Haul Logistics Sector
Inceptio-powered trucks surpassed 50 million kilometers of safe commercial operations in August 2023. Building on this success, Inceptio rapidly expanded the number of compatible truck models and surpassed the 100-million-kilometer mark by the end of April 2024.
Inceptio’s Autonomous Driving System covers 83% of China’s national highways connecting 7 major economic zones. Over the course of the 100 million kilometers, a total of 1,864 drivers safely used Inceptio-powered L3 and L2+ trucks in their daily operations.
Current customers include all the top logistics companies in China such as ZTO Express (NYSE: ZTO and HKEX: 2057), YTO Express (HKEX: 6123), STO Express (SZSE: 002468), JD Logistics (HKEX: 2618), and SF Express (SHE: 002352). Inceptio has also established an extensive footprint across the contract logistics segment including cold chain, automotive, beverages, and fast-moving consumer goods among many others, serving global brands like Budweiser and Nestlé. Inceptio’s autonomous driving technology caters to a diverse user base—from big logistics companies to small fleets and individual operators.
Inceptio has partnered with several leading Chinese truck manufacturers to pre-load mass produced trucks with the Inceptio Autonomous Driving System. These partnerships have expanded the number of trucks Inceptio powers and include popular models from Dongfeng, Sinotruk, Foton and Liuqi that are available in both 4×2 and 6×4 axle configurations to meet the diverse needs of the line-haul logistics sector.
Paving the Way for Greater Commercialization with Safer, More Efficient, and Profitable Operations
Over the course of 100 million kilometers, Inceptio has demonstrated how its autonomous driving technology and its T-NOA capabilities are paving the way for greater commercial deployment across the line-haul logistics with safer, more efficient, and profitable operations.
The majority of the routes large express delivery companies in China use exceed 500 kilometers in length. Two drivers are commonly assigned to each traditional truck on these routes and take shifts driving in order to minimize fatigue and ensure safety when meeting tight shipping schedules. Inceptio’s solution makes driving much less physically and mentally exhausting as it handles more than 90% of the journey. Express delivery companies have been able to significantly reduce the number of drivers per truck and labor costs on these same routes as a result. On routes ranging from 500 to 1,200 kilometers, Inceptio has realized a direct shift from two drivers per truck to one, resulting in a significant 40% to 50% reduction in labor costs. On routes that exceed 1,200 kilometers where an autonomous truck relay model has been deployed, a traditional assignment of 6-8 drivers per three trucks has been reduced to 5. Likewise, a traditional assignment of 8-10 drivers per 4 trucks has been reduced to 6, resulting in a substantial decrease in labor costs and improved driver satisfaction.
The benefits are equally strong for contract logistic companies, both large and small. Huatai Logistics for example, a contract logistics company specializing in automotive parts transport on routes that average 1,500 kilometers, has seen its driver-to-truck ratio decrease from two to one by using Inceptio-powered trucks. Combined with a reduction of 3-5 liters in fuel consumption per 100 kilometers, total cost of ownership per kilometer decreased by 7-15%. The stellar safety record and enhanced driving comfort offered by autonomous trucks improved fleet-attendance rates significantly and increased monthly kilometers per truck by as much as 10%.
Some individual operators have also seen increases of 10-20% in monthly kilometers per truck and 2,500-5,500 RMB in monthly net income due to the fundamental improvement of safety and driving comfort offered by Inceptio-powered autonomous trucks. The fuel-saving benefits of autonomous trucks are particularly attractive for individual operators.
Leveraging Data Assets to Enhance Inceptio’s Autonomous Driving Technology
Inceptio leverages its powerful, data-driven R&D system to rapidly iterate and enhance its autonomous driving technology. This system, which incorporates accurate and efficient data capturing, automated cloud processing, advanced scenario mining, and automatic annotation, allows Inceptio to continuously refine its industry-leading T-NOA algorithm in real-time. This focus on real-world data is a key driver of Inceptio’s competitive edge in the autonomous driving technology landscape.
Julian Ma, founder and CEO of Inceptio Technology, commented, “Inceptio’s autonomous driving technology and its T-NOA capabilities are making significant progress in their commercialization, allowing us to rapidly surpass the 100-million-kilometer milestone after hitting 50 million kilometers only eight months ago. The impact our technology is having on the logistics industry is profound. The commercial deployment of Inceptio-powered autonomous trucks across the line-haul logistics sector is exciting, but what’s truly inspiring is the creativity and innovation our customers bring to the table. This user-driven approach is pushing the boundaries of how these autonomous trucks are used, opening up new ways to deploy our technology. The more data we gather, the faster we will be able to enhance our algorithms and improve our full-stack solution. We will continue working closely with our truck OEM partners to offer even greater safety, efficiency, and profitability to logistics customers.”
About Inceptio Technology
Inceptio Technology is an industry leading developer of autonomous driving technologies for heavy-duty trucks. Its flagship technology is the Inceptio Autonomous Driving System, a proprietary full-stack solution. Inceptio partnered with leading OEMs to roll out the industry’s first mass-produced L3 autonomous trucks in late 2021. These trucks are operated nationwide in China by customers across the line-haul logistics sector including express delivery, less-than-truckload (LTL) transportation, and contract logistics. Inceptio is at the cutting edge of developing fully driverless trucks. In 2022 it became the first company in China to receive a public road-testing permit for driverless autonomous heavy-duty trucks.
For more information on Inceptio Technology, visit https://en.inceptio.ai/ 

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