Product Code: PM1710
The autonomous truck market size is expected to reach USD 164.89 billion by 2034, according to a new study by Polaris Market Research. The report "Autonomous Truck Market Size, Share, Trends, Industry Analysis Report: By Autonomy Level, Sensor Type (Radar, LiDAR, Camera, and Ultrasonic), End Use, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The autonomous truck market refers to the industry focused on developing self-driving trucks that use advanced technologies like AI, sensors, and automation to transport goods without human intervention, enhancing efficiency and safety.
The growth of industries such as logistics, automotive worldwide is significantly driving the autonomous truck market. Industries are expanding, especially in sectors such as manufacturing, mining, and logistics, due to which the demand for efficient and cost-effective transportation solutions is rising. Autonomous trucks offer a solution by providing continuous, reliable, and optimized operations, reducing the need for human drivers and minimizing errors. These trucks help meet the increasing transportation demands while improving safety and reducing operational costs. Additionally, with the rise in e-commerce and the need for fast deliveries, the adoption of autonomous trucks is growing rapidly, leading to the rising autonomous truck market demand.
Rising mining activities are significantly driving the autonomous truck market growth. In mining operations, there is a constant need to transport heavy materials over long distances, often in challenging environments. Autonomous trucks help meet these demands by offering reliable, efficient, and cost-effective transportation solutions. These trucks can work around the clock without the need for rest, improving productivity and reducing labor costs.
Autonomous Truck Market Report Highlights
The radar segment is expected to register a significant CAGR in the global market during the forecast period due to its reliability and cost-effectiveness for long-range detection.
The logistics segment dominated the autonomous truck market in 2024 due to the growing emphasis on cost savings and reliability in freight transportation.
Asia Pacific is growing rapidly in the autonomous truck market due to industrialization, rising demand for efficient transport, heavy investments in technology, strong manufacturing, booming e-commerce, and government support for smart infrastructure and automation.
In 2024, North America held the largest autonomous truck market revenue share due to the growth of the logistics industry.
The global key market players are BMW AG; AB Volvo; Ford Motor Co.; General Motor Company; Robert Bosch GmbH; Delphi Automotive PLC; Uber Technologies Inc.; Tesla Inc.; Volkswagen AG; and Embark Trucks.
Polaris market research has segmented the autonomous truck market report based on autonomy level, sensor type, end use, and region:
By Autonomy Level (Revenue - USD Billion, 2020-2034)
§ Level 1
§ Level 2
§ Level 3
§ Level 4
§ Level 5
By Sensor Type (Revenue - USD Billion, 2020-2034)
§ Radar
§ LiDAR
§ Camera
§ Ultrasonic
By End Use (Revenue - USD Billion, 2020-2034)
§ Logistics
§ Construction & Manufacturing
§ Mining
§ Port
By Regional Outlook (Revenue - USD Billion, 2020-2034)
- North America
- US
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Australia
- Rest of Asia Pacific
- Latin America
- Argentina
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
- Rest of Middle East & Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Autonomous Truck Market Insights
- 4.1. Autonomous Truck Market - Market Snapshot
- 4.2. Autonomous Truck Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Labor Shortage in Trucking Industry
- 4.2.1.2. Increase in Investment in Automotive Industry
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High Initial Cost of Manufacturing
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Autonomous Truck Market Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Autonomous Truck Market, by Autonomy Level
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 5.3. Level 1
- 5.3.1. Global Autonomous Truck Market, by Level 1, by Region, 2020-2034 (USD billion)
- 5.4. Level 2
- 5.4.1. Global Autonomous Truck Market, by Level 2, by Region, 2020-2034 (USD billion)
- 5.5. Level 3
- 5.5.1. Global Autonomous Truck Market, by Level 3, by Region, 2020-2034 (USD billion)
- 5.6. Level 4
- 5.6.1. Global Autonomous Truck Market, by Level 4, by Region, 2020-2034 (USD billion)
- 5.7. Level 5
- 5.7.1. Global Autonomous Truck Market, by Level 5, by Region, 2020-2034 (USD billion)
6. Global Autonomous Truck Market, by Sensor Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 6.3. Radar
- 6.3.1. Global Autonomous Truck Market, by Radar, by Region, 2020-2034 (USD billion)
- 6.4. LiDAR
- 6.4.1. Global Autonomous Truck Market, by LiDAR, by Region, 2020-2034 (USD billion)
- 6.5. Camera
- 6.5.1. Global Autonomous Truck Market, by Camera, by Region, 2020-2034 (USD billion)
- 6.6. Ultrasonic
- 6.6.1. Global Autonomous Truck Market, by Ultrasonic, by Region, 2020-2034 (USD billion)
7. Global Autonomous Truck Market, by End Use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 7.3. Logistics
- 7.3.1. Global Autonomous Truck Market, by Logistics, by Region, 2020-2034 (USD billion)
- 7.4. Construction & Manufacturing
- 7.4.1. Global Autonomous Truck Market, by Construction & Manufacturing, by Region, 2020-2034 (USD billion)
- 7.5. Mining
- 7.5.1. Global Autonomous Truck Market, by Mining, by Region, 2020-2034 (USD billion)
- 7.6. Port
- 7.6.1. Global Autonomous Truck Market, by Port, by Region, 2020-2034 (USD billion)
8. Global Autonomous Truck Market, by Geography
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Autonomous Truck Market Assessment, By Geography, 2020-2034 (USD billion)
- 8.3. Autonomous Truck Market - North America
- 8.3.1. North America: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.3.2. North America: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.3.3. North America: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.3.4. Autonomous Truck Market - U.S.
- 8.3.4.1. U.S.: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.3.4.2. U.S.: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.3.4.3. U.S.: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.3.5. Autonomous Truck Market - Canada
- 8.3.5.1. Canada: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.3.5.2. Canada: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.3.5.3. Canada: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.4. Autonomous Truck Market - Europe
- 8.4.1. Europe: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.4.2. Europe: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.4.3. Europe: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.4.4. Autonomous Truck Market - UK
- 8.4.4.1. UK: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.4.4.2. UK: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.4.4.3. UK: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.4.5. Autonomous Truck Market - France
- 8.4.5.1. France: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.4.5.2. France: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.4.5.3. France: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.4.6. Autonomous Truck Market - Germany
- 8.4.6.1. Germany: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.4.6.2. Germany: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.4.6.3. Germany: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.4.7. Autonomous Truck Market - Italy
- 8.4.7.1. Italy: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.4.7.2. Italy: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.4.7.3. Italy: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.4.8. Autonomous Truck Market - Spain
- 8.4.8.1. Spain: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.4.8.2. Spain: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.4.8.3. Spain: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.4.9. Autonomous Truck Market - Netherlands
- 8.4.9.1. Netherlands: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.4.9.2. Netherlands: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.4.9.3. Netherlands: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.4.10. Autonomous Truck Market - Russia
- 8.4.10.1. Russia: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.4.10.2. Russia: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.4.10.3. Russia: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.4.11. Autonomous Truck Market - Rest of Europe
- 8.4.11.1. Rest of Europe: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.4.11.2. Rest of Europe: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.4.11.3. Rest of Europe: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.5. Autonomous Truck Market - Asia Pacific
- 8.5.1. Asia Pacific: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.5.2. Asia Pacific: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.5.3. Asia Pacific: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.5.4. Autonomous Truck Market - China
- 8.5.4.1. China: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.5.4.2. China: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.5.4.3. China: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.5.5. Autonomous Truck Market - India
- 8.5.5.1. India: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.5.5.2. India: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.5.5.3. India: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.5.6. Autonomous Truck Market - Malaysia
- 8.5.6.1. Malaysia: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.5.6.2. Malaysia: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.5.6.3. Malaysia: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.5.7. Autonomous Truck Market - Japan
- 8.5.7.1. Japan: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.5.7.2. Japan: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.5.7.3. Japan: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.5.8. Autonomous Truck Market - Indonesia
- 8.5.8.1. Indonesia: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.5.8.2. Indonesia: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.5.8.3. Indonesia: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.5.9. Autonomous Truck Market - South Korea
- 8.5.9.1. South Korea: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.5.9.2. South Korea: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.5.9.3. South Korea: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.5.10. Autonomous Truck Market - Australia
- 8.5.10.1. Australia: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.5.10.2. Australia: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.5.10.3. Australia: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.5.11. Autonomous Truck Market - Rest of Asia Pacific
- 8.5.11.1. Rest of Asia Pacific: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.5.11.2. Rest of Asia Pacific: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.5.11.3. Rest of Asia Pacific: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.6. Autonomous Truck Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.6.2. Middle East & Africa: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.6.3. Middle East & Africa: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.6.4. Autonomous Truck Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.6.4.2. Saudi Arabia: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.6.4.3. Saudi Arabia: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.6.5. Autonomous Truck Market - UAE
- 8.6.5.1. UAE: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.6.5.2. UAE: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.6.5.3. UAE: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.6.6. Autonomous Truck Market - Israel
- 8.6.6.1. Israel: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.6.6.2. Israel: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.6.6.3. Israel: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.6.7. Autonomous Truck Market - South Africa
- 8.6.7.1. South Africa: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.6.7.2. South Africa: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.6.7.3. South Africa: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.6.8. Autonomous Truck Market - Rest of Middle East & Africa
- 8.6.8.1. Rest of Middle East & Africa: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.6.8.2. Rest of Middle East & Africa: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.6.8.3. Rest of Middle East & Africa: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.7. Autonomous Truck Market - Latin America
- 8.7.1. Latin America: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.7.2. Latin America: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.7.3. Latin America: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.7.4. Autonomous Truck Market - Mexico
- 8.7.4.1. Mexico: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.7.4.2. Mexico: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.7.4.3. Mexico: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.7.5. Autonomous Truck Market - Brazil
- 8.7.5.1. Brazil: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.7.5.2. Brazil: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.7.5.3. Brazil: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.7.6. Autonomous Truck Market - Argentina
- 8.7.6.1. Argentina: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.7.6.2. Argentina: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.7.6.3. Argentina: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
- 8.7.7. Autonomous Truck Market - Rest of Latin America
- 8.7.7.1. Rest of Latin America: Autonomous Truck Market, by Autonomy Level, 2020-2034 (USD billion)
- 8.7.7.2. Rest of Latin America: Autonomous Truck Market, by Sensor Type, 2020-2034 (USD billion)
- 8.7.7.3. Rest of Latin America: Autonomous Truck Market, by End Use, 2020-2034 (USD billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. BMW AG
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. AB Volvo
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Ford Motor Co.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. General Motor Company
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Robert Bosch GmbH
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Delphi Automotive PLC
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Uber Technologies Inc.
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Tesla Inc.
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Volkswagen AG
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Embark Trucks
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development