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Autonomous Truck Market
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Autonomous Truck Market

Author: Swarup Sahu - Senior Consultant, Report ID - DS2001064, Published - January 2025

Segmented in Technology Type (LiDAR based, RADAR based, Camera based), Operational Mode (Platooning, Non Platooning), Application, Autonomy Level and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2024 – 2034

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Global Autonomous Truck Market Outlook

Self driving trucks. The market, for Autonomous truck was estimated at $441.2 million in 2024. It is anticipated to increase to $1.7 billion by 2030 with projections indicating a growth to around $5.4 billion by 2035. This expansion represents a compound annual growth rate (CAGR) of 25.6% over the forecast period. Often referred to as trucks. Hold the potential to transform the logistics sector significantly by introducing advanced technology that streamlines operations and reduces the burden on long haul truck drivers. This groundbreaking development is expected to reshape the landscape of trucking and logistics by opening up opportunities and promoting sustainability, in theindustry'slong term growth.


The industry is experiencing a fusion of cutting edge sensors and AI with autonomous truck technology leading the way that allows these trucks to navigate and function independently without human involvement. A growing emphasis on safety regulations and labor shortages coupled with the drive for supply chain efficiency are driving the market demand, for autonomous trucks.


Market Size Forecast & Key Insights

2019
$441M2024
2029
$4.3B2034

Absolute Growth Opportunity = $3.9B

The Autonomous Truck market is projected to grow from $441.2 million in 2024 to $4.31 billion in 2034. This represents a CAGR of 25.6%, reflecting rising demand across Long-haul Transportation, Mining Operations and Urban Delivery Services.

The Autonomous Truck market is set to add $3.9 billion between 2024 and 2034, with manufacturer targeting Last Mile Delivery & Mining Application projected to gain a larger market share.

With Increasing demand for efficient logistics solutions, and Technological advancements in ai and iot, Autonomous Truck market to expand 877% between 2024 and 2034.

Opportunities in the Autonomous Truck Market

Emergence of Smart Cities

Urban centers aspire to enhance city operations and residents well being, through the utilization of technology and thorough data evaluation.

Exploring the Green Arena and Flourishing E-commerce Sector

Self driving trucks are set to revolutionize the logistics sector significantly. Offering improved efficiency and safety while also playing a role in reducing carbon footprints by running fuels, like electricity or hydrogen fuel instead of traditional diesel options that harm the environment. The unexplored realm of self driving trucks in eco initiatives holds great potential with a promising response anticipated due to the widespread focus, on environmental sustainability.

The surge of online shopping has created a huge need for shipping and delivery services like never before. Autonomous Trucks have the potential to greatly enhance the speed and effectiveness of delivering goods to peoples doors. This not only boosts customer satisfaction but also enables logistics services to operate round the clock. The significant growth of e commerce is projected to fuel the truckindustry'sexpansion making it a promising area, for both new businesses and established companies to tap into.

Growth Opportunities in North America and Europe

Europe Outlook

In contrast to this perspective in Europe differs significantly when it comes to market dynamics regarding Autonomous Trucks. While there is indeed an interest in this technology in Europe the focus leans more towards safety and meeting regulatory standards rather than striving for technological dominance. Companies such as Volvo and Daimler from Europe prioritize the development of autonomous driving systems and ensure strict adherence, to safety regulations set by the EU. When it comes to possibilities and growth drivers for the Autonomous Truck market, within this region. The primary factors include the rise of border trade and the development of an advanced e logistics market.

North America Outlook

North America stands out as a player in the Autonomous Truck industry thanks to its advancements in technology and substantial investments in automated systems. Alliances with truck manufacturers and tech firms as well as supportive regulatory frameworks fuel market expansion. Strong competition prevails in the region among contenders, like Tesla and Waymo who are continuously innovating in autonomous vehicle technology. Significant opportunities are present within the growth of shopping trends and the need for streamlined transportation solutions. These factors play a role as drivers for the Autonomous Truck industry, within North America.

North America Outlook

North America stands out as a player in the Autonomous Truck industry thanks to its advancements in technology and substantial investments in automated systems. Alliances with truck manufacturers and tech firms as well as supportive regulatory frameworks fuel market expansion. Strong competition prevails in the region among contenders, like Tesla and Waymo who are continuously innovating in autonomous vehicle technology. Significant opportunities are present within the growth of shopping trends and the need for streamlined transportation solutions. These factors play a role as drivers for the Autonomous Truck industry, within North America.

Europe Outlook

In contrast to this perspective in Europe differs significantly when it comes to market dynamics regarding Autonomous Trucks. While there is indeed an interest in this technology in Europe the focus leans more towards safety and meeting regulatory standards rather than striving for technological dominance. Companies such as Volvo and Daimler from Europe prioritize the development of autonomous driving systems and ensure strict adherence, to safety regulations set by the EU. When it comes to possibilities and growth drivers for the Autonomous Truck market, within this region. The primary factors include the rise of border trade and the development of an advanced e logistics market.

Growth Opportunities in North America and Europe

Established and Emerging Market's Growth Trend 2025–2034

1

Major Markets : United States, China, Japan, Germany, Sweden are expected to grow at 24.6% to 35.8% CAGR

2

Emerging Markets : India, Brazil, South Africa are expected to grow at 19.2% to 26.6% CAGR

Market Analysis Chart

In today's paced world where transportation needs are growing rapidly and the focus is shifting towards efficiency and safety in digitalized transport systems; Autonomous Trucks have become increasingly popular in the evolution of freight logistics technology driven by advancements in AI and ML algorithms These autonomous vehicles are expected to experience growth despite facing challenges as they strive for widespread acceptance in the market due to factors such as cost reduction and improved operational efficiency being key drivers, for their development.

Recent Developments and Technological Advancement

December 2024

Volvo unveiled its Autonomous Truck model with enhanced fuel efficiency and advanced safety features.

November 2024

Tech company Googles Waymo section introduced a state of the art self driving technology, for trucks to enhance effectiveness in the transportation sector.

October 2024

Tesla released a software update for their Autonomous Truck series with a focus, on improving autonomy and incorporating advanced predictive AI technology.

The self driving truck industry is experiencing a surge to the rise of smartphones and is incorporating modern technologies like AI and advanced sensors to improve safety and enhance logistics efficiency, for transportation needs.

Impact of Industry Transitions on the Autonomous Truck Market

As a core segment of the Automotive industry, the Autonomous Truck market develops in line with broader industry shifts. Over recent years, transitions such as Transition to Self-Driving Truck Industry and Rise in Smart Fleet Management have redefined priorities across the Automotive sector, influencing how the Autonomous Truck market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.

1

Transition to Self-Driving Truck Industry:

The rapid progress in technology has pushed the truck industry towards using operations, like the Autonomous Truck. A self driving vehicle that is revolutionizing the logistics and transportation sector with its advanced sensor technologies and ML algorithms powered by AI that boost safety and efficiency in moving freight. Autonomous truck testing and implementation have become practices in the fleets of industry giants like Tesla and Waymo. This trend is setting standards, in the market.

2

Rise in Smart Fleet Management:

With the emergence of Autonomous Trucks comes a shift in the field of intelligent fleet management. Fleet managers are using systems and telematics to oversee and upkeep their fleets with greater effectiveness and efficiency. This interaction nicely complements the development of self driving truck technology by enabling improvements in tracking, forecast analytics and preventative vehicle servicing ultimately enhancing operational effectiveness, as a whole.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the Automotive industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the Automotive industry cascade into the Autonomous Truck market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

Driver: Increasing Demand for Efficient Logistics Solutions

With the eCommerce sector thriving than ever before comes a growing need for effective and dependable logistics services which plays a key role in driving the autonomous truck industry forward. By utilizing automation technology to the extent possible autonomous trucks aim to tackle inefficiencies and cut down expenses linked to human mistakes during logistics processes. Moreover they boost transportation efficiency by reducing downtime due to driver fatigue or regulations limiting work hours thereby decreasing delays, along the supply chain. The market demand for trucks is also anticipated to increase due to their positive aspects in addition, to fuel efficiency.
Advancements in intelligence coupled with the technology of the IOT have also been instrumental in the growth of the autonomous truck industry. Autonomous trucks benefit from AI algorithms that enhance their ability to make decisions and carry out operations safely and effectively. Moreover IoT plays a role by enabling seamless real time communication and coordination, between autonomous trucks and central control centers thus improving their overall operational efficiency.

Restraint: Technological Limitations

One major challenge inhibiting the advancement of self driving trucks is the technology itselfs limitations despite making considerable progress in this field so far. Autonomous vehicles encounter difficulties like navigating through urban areas smoothly adjustment to varying weather conditions and interacting with non autonomous elements such, as other drivers, bicyclists and pedestrians. The current technology has not only reached a level where self driving trucks can seamlessly take over the role of drivers in every situation yet.

Challenge: Legal and Regulatory Challenges

Laws and rules for using vehicles today dont really fit well with the idea of trucks yet because technology is moving faster than the laws are being made or updated for them to follow suit smoothly without any issues coming up along the way on the roads where theyll be used a lot more in the future. Also another thing to consider is that who is responsible if something goes wrong with a vehicle isnt very clear yet legally which makes it hard for companies to feel confident about putting their money into this kind of technology, for trucks.

Supply Chain Landscape

Sensor Production

Velodyne Lidar

Bosch

Hardware Integration

Nvidia

Intel

Software Development
Waymo / Tesla
Vehicle Assembly & Testing
Otto Motors / Embark Trucks
Sensor Production

Velodyne Lidar

Bosch

Hardware Integration

Nvidia

Intel

Software Development

Waymo

Tesla

Vehicle Assembly & Testing

Otto Motors

Embark Trucks

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Leading Providers and Their Strategies

Application AreaIndustryLeading ProvidersProvider Strategies
Logistics and Delivery
E-commerce and Retail
Waymo, Uber
Developing advanced autonomous technology and integration with existing supply chain systems
Long Haul Trucking
Transportation and Logistics
Embark Technology, TuSimple
Focusing on autonomous highway driving and establishing partnerships with major fleet management companies
Mining and Construction
Mining and Construction
Autonomous Solutions Inc., Komatsu
Tailoring autonomous trucks for rugged conditions and implementing advanced safety features
Agriculture
Agriculture
John Deere, AGCO Corporation
Designing autonomous farm trucks for precision agriculture and high-efficiency farming tasks

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Autonomous Truck market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Autonomous Truck in Urban Delivery Services, Mining Operations and Long-haul Transportation

Urban Delivery Services

Autonomous trucks are widely used in delivery services as well due to their operational convenience and versatility in handling different delivery tasks in busy city region's, like Amazon and UPS employ these autonomous trucks to enhance package delivery efficiency by reducing delivery times and minimizing human errors ultimately leading to increased customer satisfaction.

Mining Operations

In mining operations today's focus is on autonomous dump trucks that take on dangerous tasks and ease the workload of human drivers in the industry Komatsu and Caterpillar have led the way, in this field by introducing autonomous dump trucks which boost productivity and uphold safety measures in demanding conditions where human involvement could be perilous.

Long-haul Transportation

Harness the power of trucks for long distance transportation by focusing on semi autonomous level 4 trucks known for their effectiveness and reliability in covering vast distances with minimal driver involvement to combat fatigue and boost productivity in the industry sector Waymo and Tesla stand out as key players driving this innovation forward by offering advantages, like lower fuel usage and decreased risk of human errors causing accidents.

Autonomous Truck vs. Substitutes:
Performance and Positioning Analysis

An autonomous truck that is designed for automated transportation offers advantages over traditional trucking methods due to its enhanced efficiency and safety features as well as lower operational expenses. As a result of these benefits and the growing acceptance of technology, in the industry autonomous trucks exhibit promising market potential with a trajectory of growth driven by rapid technological advancements.

Autonomous Truck
  • Driverless Freight Solutions /
  • Self Driving Delivery Vehicles
    Increased efficiency, Reduced labor costs
    Dependence on technology, Regulatory challenges
    Enables manpower utilization, cost efficiency
    High initial investment, maintenance complexities

Autonomous Truck vs. Substitutes:
Performance and Positioning Analysis

Autonomous Truck

  • Increased efficiency, Reduced labor costs
  • Dependence on technology, Regulatory challenges

Driverless Freight Solutions / Self Driving Delivery Vehicles / Automated Commercial Transporters

  • Enables manpower utilization, cost efficiency
  • High initial investment, maintenance complexities

An autonomous truck that is designed for automated transportation offers advantages over traditional trucking methods due to its enhanced efficiency and safety features as well as lower operational expenses. As a result of these benefits and the growing acceptance of technology, in the industry autonomous trucks exhibit promising market potential with a trajectory of growth driven by rapid technological advancements.

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Research Methodology

This market research methodology defines the Autonomous Truck market scope, gathers reliable data, and validates findings using integrated primary and secondary research. Our systematic framework ensures precise market sizing, growth trend analysis, and competitive benchmarking.


Secondary Research Approach


We begin secondary research by defining the targeted market at macro and micro levels. As part of the Automotive ecosystem, we analyze Autonomous Truck across Long Haul, Last Mile Delivery, and Mining Applications. Our team gathers data systematically from country level ministerial sources, industry associations & federations, trade databases, company annual & quarterly reports and other credential sources, enabling us to map global and regional market size, pricing trends, regulatory standards, and technology advancements.



Key Sources Referenced:


We benchmark competitors such as Waymo LLC, Volvo Group, and Tesla Inc. by reviewing company financial statements, and regulatory filings. Our secondary insights identify key market drivers and constraints, forming the analytical foundation for primary research.


Primary Research Methods


We conduct structured interviews and surveys with industry stakeholders, including Sensor Production, Hardware Integration, and Software Development. Our geographic coverage spans Americas (40%), Europe (30%), Asia-Pacific (25%) and Middle East & Africa (5%). Our online surveys generally achieve a response rate of above 65%, and telephone interviews yield 60%, resulting in above 92% confidence level with a ±7% margin of error.


Through targeted questionnaires and in-depth interviews, we capture purchase intent, adoption barriers, brand perception across Segment Type. We use interview guides to ensure consistency and anonymous survey options to mitigate response bias. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering & Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Company Market Share approaches to estimate and project market size with precision.


Top-down & Bottom-Up Process


In Top-down approach, we disaggregate global Automotive revenues to estimate the Autonomous Truck segment, using historical growth patterns to set baseline trends. Simultaneously, in Bottom-up approach, we aggregate Country-Level Demand Data to derive regional and global forecasts, which provide granular consumption insights. By reconciling both approaches, we ensure statistical precision and cross-validation accuracy.


We evaluate the supply chain, spanning Sensor Production (Velodyne Lidar, Bosch), Hardware Integration (Nvidia, Intel), and Software Development. Our parallel substitute analysis examines Driverless Freight Solutions, Self Driving Delivery Vehicles, and Automated Commercial Transporters, highlighting diversification opportunities and competitive risks.


Company Market Share & Benchmarking


We benchmark leading companies such as Waymo LLC, Volvo Group, and Tesla Inc., analyzing their capabilities in pricing, product features, technology adoption, and distribution reach. By assessing company-level revenues and product portfolios, we derive market share comparisons, clarifying competitive positioning and growth trajectories across the ecosystem.


Our integration of data triangulation, supply chain evaluation, and company benchmarking, supported by our proprietary Directional Superposition methodology enables us to deliver precise forecasts and actionable strategic insights into the Autonomous Truck market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Autonomous Truck Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2025USD 554 million
Revenue Forecast in 2034USD 4.31 billion
Growth RateCAGR of 25.6% from 2025 to 2034
Base Year for Estimation2024
Industry Revenue 2024441 million
Growth OpportunityUSD 3.9 billion
Historical Data2019 - 2023
Growth Projection / Forecast Period2025 - 2034
Market Size UnitsMarket Revenue in USD million and Industry Statistics
Market Size 2024441 million USD
Market Size 2027874 million USD
Market Size 20291.38 billion USD
Market Size 20301.73 billion USD
Market Size 20344.31 billion USD
Market Size 20355.41 billion USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredTechnology Type, Operational Mode, Application, Autonomy Level
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledWaymo LLC, Volvo Group, Tesla Inc., Uber Technologies Inc., Embark Trucks Inc., TuSimple Holdings Inc., IRU World Congress, AB Volvo, Daimler AG, NVIDIA Corporation, Continental AG and Toyota Motor Corporation
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Autonomous Truck Market Size, Opportunities & Strategic Insights, by Technology Type

4.1LiDAR based
4.2RADAR based
4.3Camera based
Chapter 5

Autonomous Truck Market Size, Opportunities & Strategic Insights, by Operational Mode

5.1Platooning
5.2Non Platooning
Chapter 6

Autonomous Truck Market Size, Opportunities & Strategic Insights, by Application

6.1Long Haul
6.2Last Mile Delivery
6.3Mining
6.4Port Logistics
Chapter 7

Autonomous Truck Market Size, Opportunities & Strategic Insights, by Autonomy Level

7.1Semi
7.2Fully
Chapter 8

Autonomous Truck Market, by Region

8.1North America Autonomous Truck Market Size, Opportunities, Key Trends & Strategic Insights
8.1.1U.S.
8.1.2Canada
8.2Europe Autonomous Truck Market Size, Opportunities, Key Trends & Strategic Insights
8.2.1Germany
8.2.2France
8.2.3UK
8.2.4Italy
8.2.5The Netherlands
8.2.6Rest of EU
8.3Asia Pacific Autonomous Truck Market Size, Opportunities, Key Trends & Strategic Insights
8.3.1China
8.3.2Japan
8.3.3South Korea
8.3.4India
8.3.5Australia
8.3.6Thailand
8.3.7Rest of APAC
8.4Middle East & Africa Autonomous Truck Market Size, Opportunities, Key Trends & Strategic Insights
8.4.1Saudi Arabia
8.4.2United Arab Emirates
8.4.3South Africa
8.4.4Rest of MEA
8.5Latin America Autonomous Truck Market Size, Opportunities, Key Trends & Strategic Insights
8.5.1Brazil
8.5.2Mexico
8.5.3Rest of LA
8.6CIS Autonomous Truck Market Size, Opportunities, Key Trends & Strategic Insights
8.6.1Russia
8.6.2Rest of CIS
Chapter 9

Competitive Landscape

9.1Competitive Dashboard & Market Share Analysis
9.2Company Profiles (Overview, Financials, Developments, SWOT)
9.2.1Waymo LLC
9.2.2Volvo Group
9.2.3Tesla Inc.
9.2.4Uber Technologies Inc.
9.2.5Embark Trucks Inc.
9.2.6TuSimple Holdings Inc.
9.2.7IRU World Congress
9.2.8AB Volvo
9.2.9Daimler AG
9.2.10NVIDIA Corporation
9.2.11Continental AG
9.2.12Toyota Motor Corporation