PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1667109
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1667109
Autonomous Truck Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
The Global Autonomous Truck Market reached USD 356.9 billion in 2024 and is set to experience an impressive CAGR of 16.2% from 2025 to 2034. As industries seek to improve efficiency, reduce costs, and enhance safety, autonomous trucks are rapidly becoming a key solution. A major driving factor behind this growth is the increasing focus of governments worldwide on infrastructure upgrades to accommodate autonomous vehicles. Investments in smart infrastructure are pivotal, ensuring that roads, highways, and other critical transport networks can support these cutting-edge technologies. The combination of evolving regulatory frameworks and advanced technology is helping create a favorable environment for autonomous trucking. This trend is expected to revolutionize the logistics and transportation sectors, offering solutions to challenges such as driver shortages, traffic congestion, and high operational costs.
Segmented by truck class, the market includes Class 4, Class 5, Class 6, Class 7, and Class 8 vehicles. In 2024, the Class 8 segment accounted for a dominant 40% of the market share, expected to generate USD 600 billion by 2034. Class 8 autonomous trucks stand out due to their potential to drastically reduce operational expenses. These vehicles optimize fuel efficiency, reduce labor costs by eliminating the need for human drivers, and streamline maintenance practices. Furthermore, their ability to operate 24/7 without being constrained by service hour limitations enhances productivity, making them a compelling choice for businesses looking to cut down on operational costs while increasing output.
| Market Scope | |
|---|---|
| Start Year | 2024 |
| Forecast Year | 2025-2034 |
| Start Value | |
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Research design
- 1.1.1 Research approach
- 1.1.2 Data collection methods
- 1.2 Base estimates & calculations
- 1.2.1 Base year calculation
- 1.2.2 Key trends for market estimation
- 1.3 Forecast model
- 1.4 Primary research and validation
Chapter 2 Executive Summary
Chapter 3 Industry Insights
Chapter 4 Competitive Landscape, 2024
Chapter 5 Market Estimates & Forecast, By Level of Autonomy, 2021 - 2034 ($Bn, Units)
Chapter 6 Market Estimates & Forecast, By Fuel, 2021 - 2034 ($Bn, Units)
Chapter 7 Market Estimates & Forecast, By Application, 2021 - 2034 ($Bn, Units)
Chapter 8 Market Estimates & Forecast, By Class, 2021 - 2034 ($Bn, Units)
Chapter 9 Market Estimates & Forecast, By Region, 2021 - 2034 ($Bn, Units)
Chapter 10 Company Profiles
