The Autonomous Truck Market is set for robust growth, driven by operational efficiency, safety improvements, and mitigation of driver shortages.

Metric Value Timeframe Notes
Market Value (2024) $43.25 Billion 2024 Current valuation
Projected Value (2031) $117.61 Billion 2031 Forecasted market size
CAGR 15.9% 2025–2031 Compound Annual Growth Rate

This expansion is facilitated by government regulations promoting road safety and substantial investments in smart transportation infrastructure.

Market Segmentation & High-Growth Applications

The market is segmented by autonomy level (Level 3-5)components (hardware, software, services), and applications.

  • Long-Haul Freight Dominance: This application leads the market, centering on hub-to-hub models (highway driving between logistics centers).

    • Heavy-Duty Trucks are projected for a 13.4% CAGR (e.g., TuSimple's 80-mile driverless run in Texas, 2023).

  • Last-Mile Delivery Traction: This is growing, especially in the light-duty segment (74% share in 2025), fueled by e-commerce partnerships like Walmart and Gatik.

  • Electric Autonomous Trucks are a key hotspot, aligning with emission regulations (like the EU Green Deal) and exemplified by Tesla Semi deployments by PepsiCo.

  • FMCG Sector holds a significant share (34.33% in 2025), driven by the high frequency of deliveries.

Download PDF Samplehttps://www.theinsightpartners.com/sample/TIPRE00042049 

Regional Leadership and Innovation

  • North America holds the largest market share through OEM-tech alliances.

  • Europe follows, focusing on platooning projects (e.g., ENSEMBLE).

  • Asia Pacific is the fastest-growing region, led by China (e.g., Inceptio delivering 400 heavy trucks to ZTO Express).

Competitive Dynamics and Opportunities

Leading players like Tesla Inc., Waymo (Alphabet), Daimler Truck AG, Volvo Group, TuSimple, Aurora Innovation, and Kodiak Robotics are driving innovation.

  • Key Developments: Tesla's Full Self-Driving beta for semis, Waymo's Midwest pilots, and Daimler's Level 4 prototypes.

  • Strategic Collaborations are accelerating deployment, such as Daimler Truck and Torc Robotics selecting Innoviz LiDAR for production.

Major Opportunities exist in:

  • Emerging markets

  • IoT-integrated smart logistics

  • Zero-emission fleets

The future is forecasted to be defined by hub-to-hub operations and electrification, setting autonomous trucks up to redefine supply chains with enhanced efficiency and safety.

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients get solutions to their research requirements through our syndicated and consulting research services. We specialize in semiconductor and electronics, aerospace and defense, automotive and transportation, biotechnology, healthcare IT, manufacturing and construction, medical devices, technology, media and telecommunications, and chemicals and materials.

Contact Us:
If you have any queries about this report or if you would like further information, please get in touch with us:
Contact Person: 
Ankit Mathur
E-mail: ankit.mathur@theinsightpartners.com
Phone: 
+1-646-491-9876
Also Available in : KoreanGermanJapaneseFrenchChineseItalianSpanish