As per MRFR analysis, the Autonomous Trucks Market Size was estimated at 5.89 (USD Billion) in 2023.The Autonomous Trucks Market Industry is expected to grow from 7.71 (USD Billion) in 2024 to 150 (USD Billion) by 2035. The Autonomous Trucks Market CAGR (growth rate) is expected to be around 30.98% during the forecast period (2025 - 2035).
The Autonomous Trucks Market is experiencing significant trends driven by advancements in technology, increasing demand for efficiency, and the need for safer transportation solutions. One of the key market drivers is the growing emphasis on reducing operational costs in logistics. Companies are increasingly looking to autonomous trucks to streamline operations, which can lead to improved fuel efficiency and decreased labor costs. Additionally, regulatory support from various governments around the world is also fostering innovation in this sector, as initiatives aimed at testing and integrating autonomous vehicles into existing infrastructures are gaining traction.
New prospects are opening up with self-driving trucks in urban logistics, which can help with traffic and delivery congestion. Advances in AI, sensor technology, and machine learning provide opportunities for systems to be more sophisticated and dependable. In addition, partnerships between vehicle makers, technology companies, and logistics businesses are fostering further R&D in the sector, supporting new shared business models that focus on autonomous truck fleets. Recently, there seems to be a great emphasis on sustainability throughout the global transportation system.
Many companies are committing to greener practices by incorporating electric autonomous trucks into their fleets, which comply with stringent environmental regulations and contribute to reducing carbon emissions. Additionally, pilot programs and partnerships are expanding across various regions, creating a more collaborative approach toward integrating autonomous trucking within global supply chains. This collective interest signifies a promising trajectory for the future of transportation on a global scale.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The Autonomous Trucks Market Industry is experiencing significant growth due to the increasing demand for efficient and reliable freight transportation. According to the International Transport Forum, global freight transport is projected to grow by 40% by 2050. This demand necessitates innovations in logistics and supply chain management. Autonomous trucks can enhance operational efficiency, reduce labor costs, and improve delivery times, addressing the pressing need for speed and reliability in logistics.
Major logistics companies, such as DHL and FedEx, are continuously investing in Research and Development to explore autonomous delivery solutions. FedEx has already started testing autonomous delivery systems, showing commitment to improving their shipping efficiency and reliability. As such, the push towards autonomous truck technology can be seen as a strategic move to comply with future demands in the freight industry.
Governments across the globe are increasingly promoting the adoption of autonomous vehicles through favorable policies and incentives. The European Commission, for instance, has set a goal to reduce transport emissions by 90% by 2050, with an emphasis on using innovative technologies such as autonomous trucks. Such legislative measures are designed to accelerate the deployment of smart transport systems, boosting the market for the Autonomous Trucks Market Industry.
Many countries, including the United States, are also investing in infrastructure improvements to accommodate autonomous freight transport. These initiatives foster a conducive environment for the development and adoption of autonomous trucks, offering manufacturers and technology developers a boost in growth opportunities.
The Autonomous Trucks Market Industry is significantly driven by rapid advancements in artificial intelligence (AI) and sensor technologies. According to the World Economic Forum, the global AI market is expected to exceed USD 500 billion by 2024, reflecting the profound impact AI is having across various industries, including logistics and transportation. High-definition cameras, LIDAR, and advanced AI algorithms are now being employed in autonomous trucks to enhance decision-making and navigation.
Companies like Waymo and Tesla are leading the way in developing AI-based systems that improve truck safety and efficiency on the road. These technological advancements not only improve the effectiveness of autonomous trucks but also contribute to reducing operational costs and vehicle downtime, driving market growth significantly.
One of the critical drivers for the Autonomous Trucks Market Industry is the ongoing labor shortage in the transportation sector. The American Trucking Associations reported a deficit of over 80,000 truck drivers in the United States in 2021, which is expected to grow to over 160,000 by 2030 if trends continue. This shortage is prompting companies to explore automation solutions, including autonomous trucks, as a viable alternative. By implementing autonomous trucks, companies can mitigate the impacts of labor shortages, ensure continuity in freight transportation, and maintain delivery efficiency.
This growing trend of utilizing autonomous technology to address labor constraints is a crucial factor driving the expansion of the Autonomous Trucks Market Industry.
The Autonomous Trucks Market is anticipated to experience significant growth in the technology segment, underpinned by innovations and advancements in crucial areas, including Lidar, Radar, Computer Vision, and Artificial Intelligence. In 2024, Lidar technology had a market valuation of 1.54 USD Billion, showcasing its vital role in enabling high-precision navigation and environmental perception, which is essential for autonomous operations. Radar technology reached a value of 1.92 USD Billion in 2024, providing robust object detection capabilities that are pivotal for ensuring safety and reliability in automated settings.
Computer Vision contributed significantly to the market as well, with a valuation of 2.47 USD Billion, playing a crucial role in the ability of autonomous trucks to interpret visual data from their surroundings and make real-time decisions, thereby enhancing the efficiency of logistics and transportation sectors. Furthermore, Artificial Intelligence reached 1.78 USD Billion in 2024, driving intelligent decision-making processes that optimize routes, vehicle performance, and overall operational efficiencies in autonomous trucking.
Notably, by 2035, Lidar is expected to escalate dramatically to 29.35 USD Billion, and Radar may grow to 36.75 USD Billion, highlighting their dominance and importance in the evolving landscape of autonomous transport. Computer Vision attained 46.95 USD Billion, and Artificial Intelligence is anticipated to reach 37.95 USD Billion by the same year, signifying the critical advancements and investments in technology to propel the Autonomous Trucks Market forward. The overarching trends in this market reflect a shift towards enhancing logistics efficiency, reducing human error, and addressing labor shortages in the transportation sector.
The significant growth in these technological segments signals vast opportunities but also presents challenges regarding regulatory standards, technology integration, and safety protocols. The synergy of these technologies will likely reshape the future of freight transport, making it more reliable, safer, and increasingly automated. As these technologies mature, they are expected to reshape the Autonomous Trucks Market landscape, providing not only remote and efficient transport solutions but also addressing environmental concerns through decreased emissions and energy efficiency.
The market growth will depend heavily on ongoing investments and partnerships among key players in the industry, further catalyzing the pace of innovation in this critical sector.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The Autonomous Trucks Market, which had a valuation reaching 7.71 USD billion in 2024, shows significant growth potential driven by the Type segment, which includes Heavy-Duty Trucks, Light-Duty Trucks, and Medium-Duty Trucks. Heavy-Duty Trucks are crucial for long-haul transportation, making them a vital part of logistics and supply chain efficiency in various industries. With increasing demand for reducing operational costs and enhancing safety, these trucks are heavily invested in Research and Development to optimize their autonomous capabilities.
Light-Duty Trucks, on the other hand, are important for urban deliveries, catering to the rise of e-commerce. Their agile nature supports last-mile logistics, responding to the growing trend for faster delivery services. Medium-Duty Trucks offer a balanced capability, serving across sectors from distribution to construction, thus having a significant impact on overall market dynamics. The impressive growth of the Autonomous Trucks Market is bolstered by technological advancements, government regulations favoring automation, and a strong emphasis on sustainability in freight transport. The anticipated growth reflects a transformative shift in transportation and logistics, presenting opportunities for numerous stakeholders within the industry.
The Autonomous Trucks Market, particularly within the Class segment, showcases a robust growth trajectory characterized by increasing advancements in automation and technology integration. In 2024, the complete market was valued at approximately 7.71 USD Billion, and this ascending trend will continue towards 150.0 USD Billion by 2035, reflecting the strong adoption of autonomous solutions in freight transport. This segment is categorically divided into classes, with Class 6, Class 7, and Class 8 being the most prominent categories. Class 8 trucks, known for their significant capacity and long-haul capabilities, play a crucial role in logistics and supply chains, thus dominating the market dynamics.
Simultaneously, Classes 6 and 7 are vital in urban settings and regional hauls, addressing varied demands across different transportation needs. The increasing need for efficiency and cost-effectiveness in goods transportation drives the market growth, while challenges such as regulatory compliance and technological integration remain key considerations. Overall, the Autonomous Trucks Market segmentation illustrates the diverse potential of autonomous solutions in enhancing transportation effectiveness across the globe, supported by favorable government policies and technological innovations.
The Autonomous Trucks Market, was valued at 7.71 USD Billion in 2024, showcases a dynamic landscape influenced significantly by its Application segment, which includes Freight Transport, Construction, and Mining. The Freight Transport sector is a major driver of efficiency, leveraging autonomous technology to optimize logistics and reduce operational costs. Meanwhile, the Construction segment is evolving through automation, enhancing safety and productivity on job sites. Additionally, the Mining sector benefits from autonomous trucks by improving resource extraction efficiency and minimizing risks in hazardous environments.
The market is characterized by trends such as increasing demand for automation due to labor shortages and a heightened focus on safety and sustainability. Factors like technological advancements and growing investment in Research and Development also play a critical role in advancing the Autonomous Trucks Market industry. Challenges include regulatory hurdles and the high initial investment costs associated with autonomous technologies. However, the opportunities presented by the adaptation of smart logistics and robust mining operations are reshaping the market landscape, thus enhancing the Autonomous Trucks Market data and statistics in the Application domain.
The Autonomous Trucks Market shows significant diversity across its various regional markets. In 2024, the North America segment held a majority share with a valuation of 3.5 USD Billion, and this is expected to grow to 70.0 USD Billion by 2035, indicating the region's critical role in advancing autonomous truck technology, primarily driven by technological innovation and logistics efficiency needs. Europe followed with a market value of 2.0 USD Billion in 2024, projected to reach 45.0 USD Billion by 2035, reflecting strong regulatory support and increasing adoption of automation in logistics.
In the Asia-Pacific (APAC) region, the market valuation stood at 1.8 USD Billion in 2024, anticipated to rise to 25.0 USD Billion by 2035, showcasing a significant push towards automation fueled by rapid industrialization. South America and the Middle East and Africa (MEA) segments, although smaller, held 0.9 USD Billion and 0.51 USD Billion, respectively, in 2024, offer growth potential, expected to reach 6.0 USD Billion and 4.0 USD Billion by 2035, indicating emerging markets' gradual acceptance of autonomous trucking solutions. Overall, the regional segmentation reveals the Autonomous Trucks Market’s dynamic landscape, influenced by innovation, regulatory frameworks, and rising demand for efficient transportation solutions across different regions.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The Autonomous Trucks Market is experiencing significant advancements and increasing competition as various players strive to capitalize on emerging technologies and shifting consumer demands. A variety of factors, such as rising labor costs, the need for improved safety in transportation, and enhanced efficiency in logistics, are driving the adoption of autonomous vehicle technologies. Companies within this sector are focusing on technological innovations, partnerships, and strategic collaborations to expand their product offerings and strengthen their position within the market.
The growing emphasis on sustainability and eco-friendliness in logistics and transportation is prompting many organizations to invest in research and development initiatives, which are instrumental in advancing the capabilities of autonomous trucks. The market's competitive landscape is characterized by both established automotive manufacturers and technology-driven startups, which are collectively shaping the future of transportation.
Volvo has managed to establish a formidable presence in the Autonomous Trucks Market with its commitment to groundbreaking technology and safety enhancements. The company's strengths lie in its extensive experience in the trucking industry and its strong reputation for vehicle reliability and performance. Volvo has developed advanced autonomous truck models that integrate cutting-edge safety features, automation technologies, and connectivity solutions. The brand has been proactive in engaging with regulatory bodies, which helps smooth the path for the deployment of its autonomous solutions. Furthermore, its global manufacturing capabilities and strategic collaborations with technology firms enhance Volvo’s ability to innovate and offer comprehensive freight solutions.
The company’s ongoing investments in research and development showcase its dedication to maintaining a competitive edge within the rapidly evolving autonomous trucking industry. Aurora is another key player in the Autonomous Trucks Market, well-known for its focus on building advanced self-driving technology. The company has achieved notable success with its proprietary technology stack, which is designed to enable safe and efficient autonomous operations in various environments. Aurora's strength lies in its partnerships with major automotive manufacturers and logistics firms, allowing it to leverage existing infrastructures and scale its technology effectively.
The company has actively pursued mergers and acquisitions to augment its technological capabilities and expand its market presence globally. Aurora's emphasis on rigorous testing and safety protocols positions it well within the competitive landscape, ensuring that its autonomous solutions are not only innovative but also reliable and compliant with regulatory standards. By focusing on collaboration with industry leaders and investing in transformative technologies, Aurora aims to play a significant role in shaping the future of autonomous transportation in the global arena.
Recent developments in the Autonomous Trucks Market have showcased significant advancements and collaborations among key players. As of August 2023, Volvo announced an expansion in its autonomous truck fleet, aiming to enhance automation in logistics. Meanwhile, in July 2023, Aurora and PACCAR entered a partnership to integrate Aurora's self-driving technology into PACCAR's trucks, thereby elevating safety and efficiency standards. TuSimple, in a strategic move, revealed plans to expand its autonomous freight network to enhance supply chain operations. In June 2023, Daimler and Waymo announced their collaboration on a pilot project utilizing autonomous trucks for freight distribution.
In terms of growth, various companies like Nikola and Einride have been reporting increased market valuations by optimizing their Research and Development in autonomous technology. The market is also witnessing mergers, such as the acquisition of a minority stake in TuSimple by Berkshire Hathaway in September 2023, indicating strong investor interest in the autonomous trucking sector. Over the past couple of years, the integration of AI technology and regulatory advancements have further accelerated the adoption of autonomous trucks globally, marking a pivotal shift in transportation logistics.
| Report Attribute/Metric | Details |
| Market Size 2023 | 5.89 (USD Billion) |
| Market Size 2024 | 7.71 (USD Billion) |
| Market Size 2035 | 150.0 (USD Billion) |
| Compound Annual Growth Rate (CAGR) | 30.98% (2025 - 2035) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2024 |
| Market Forecast Period | 2025 - 2035 |
| Historical Data | 2019 - 2024 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | Volvo, Aurora, TuSimple, Daimler, Man Truck and Bus, PACCAR, Waymo, Toyota, Scania, Berkshire Hathaway, Einride, Ford, Nikola, Chinese FAW Group, Navistar |
| Segments Covered | Technology, Type, Class, Application, Regional |
| Key Market Opportunities | Cost reduction through automation, Growing demand for last-mile delivery, Expansion in e-commerce logistics, Enhanced safety and reduced accidents, Government support and regulations advancement |
| Key Market Dynamics | Technological advancements, Regulatory frameworks, Safety and reliability, Cost efficiency, Demand for logistics automation |
| Countries Covered | North America, Europe, APAC, South America, MEA |
Autonomous Trucks Market Highlights:
Frequently Asked Questions (FAQ) :
The Autonomous Trucks Market is expected to be valued at 7.71 USD Billion in 2024.
By 2035, the market is anticipated to reach 150.0 USD Billion.
The market is expected to grow at a CAGR of 30.98% from 2025 to 2035.
North America is projected to hold the largest market share, estimated at 70.0 USD Billion by 2035.
The European segment is expected to be valued at 45.0 USD Billion by 2035.
The Computer Vision technology segment is projected to reach 46.95 USD Billion by 2035.
Major players include Volvo, Aurora, TuSimple, Daimler, and PACCAR.
The Artificial Intelligence segment is expected to be valued at 37.95 USD Billion by 2035.
The APAC region's market size is projected to reach 25.0 USD Billion by 2035.
The Radar technology segment is anticipated to reach 36.75 USD Billion by 2035.
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