How big is the autonomous truck market?
According to 绿帽社 internal database and industry insights, the
Global Autonomous Truck Market was valued at approximately USD 3.2 billion in 2024 and is projected to reach USD 9.5 billion by 2031.
The market is expected to grow at a CAGR of 17.1% during the forecast period. This growth is driven by advancements in AI and sensor technologies, rising demand for long-haul freight automation, and increasing investments in autonomous logistics infrastructure.
Key Growth Factors of the Autonomous Truck Market
- Rising investments in autonomous driving R&D and pilot projects
- Growing shortage of skilled truck drivers across regions
- Enhanced safety features and fuel efficiency in autonomous systems
- Expansion of autonomous freight corridors and smart highways
- Increasing regulatory support and testing permissions worldwide
- Rapid development of AI, LiDAR, and real-time mapping technologies
Autonomous Truck Market Trends
The market is shifting toward level 4 autonomy with major trials underway in North America and China. There is increased focus on hub-to-hub autonomous freight operations, especially in logistics and e-commerce sectors. The adoption of electric autonomous trucks is also accelerating. Meanwhile, software-defined vehicle systems and cloud-based fleet management platforms are gaining traction.
Emerging Developments in the Autonomous Truck Market
Companies are launching trucks with integrated sensor fusion platforms combining LiDAR, radar, and vision systems. Over-the-air (OTA) software updates are being utilized to continuously improve driving algorithms. Partnerships between OEMs and AI tech firms are driving rapid prototyping. Teleoperation systems are being introduced for human-assisted autonomy in complex scenarios.
Major Companies in the Autonomous Truck Market
- TuSimple Holdings Inc.
- Daimler Truck AG
- Volvo Autonomous Solutions
- PlusAIEmbark Trucks Inc.
- Aurora Innovation Inc.
How Big Is the Autonomous Truck Market : FAQ's
The autonomous truck market is projected to reach USD 9.5 billion by 2031.
The autonomous truck market is expected to grow at a CAGR of 17.1% from 2025 to 2031.
North America and China are leading in pilot programs, testing, and regulatory approvals.
Level 3 and Level 4 autonomous long-haul trucks are most common in testing and early-stage deployment.
The challenges are high sensor costs, legal liability issues, cyber risks, and limited infrastructure readiness.
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