Autonomous Trucks Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Autonomous Trucks Market is segmented By Type (Heavy-duty Trucks, Medium-duty Trucks, Light-duty Trucks), By Level of Autonomy (Semi-Autonomous, Fully Autonomous), By Component (Hardware (Sensors, Cameras, LiDAR, RADAR), Software (Services)), By Application (Logistics, Construction and Mining, Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa). The report offers the value (in USD billion) for the above-mentioned.

Autonomous Trucks Market is segmented By Type (Heavy-duty Trucks, Medium-duty Trucks, Light-duty Trucks), By Level of Autonomy (Semi-Autonomous, Fully....

Autonomous Trucks Market Size

Market Size in USD

CAGR17.55%

Study Period	2024 - 2031
Base Year of Estimation	2023
CAGR	17.55%
Market Concentration	High
Major Players	TuSimple, Inc., Waymo LLC, Embark Trucks, Tesla Motors, Inc., Caterpillar Inc.

*Disclaimer: Major players are listed in no particular order.

*Source: Coherent Market Insights

Want to purchase customized report?
please let us know !

Autonomous Trucks Market Analysis

The autonomous trucks market is estimated to be valued at USD 1.49 Bn in 2024 and is expected to reach USD 4.62 Bn by 2031, growing at a compound annual growth rate (CAGR) of 17.55% from 2024 to 2031. Increasing investments by OEMs in development of advanced driver-assistance systems and growing demand for minimizing road accidents are some key factors driving the autonomous trucks market.

Autonomous Trucks Market Report Snapshots

Buy Now