The Autonomous Truck Market is estimated to be 15.2 thousand units in 2025 and is projected to reach 81.8 thousand units by 2030, at a CAGR of 39.96%.

The Semi-Autonomous Truck Market is estimated to be 260.1 thousand units in 2018 and is projected to reach 1,132.3 thousand units by 2025, at a CAGR of 23.38%.

The market growth is triggered by various factors such as the need for ease in driving and the increasing concerns of safety and security, which have led to the development of high-end technology and safety systems. Moreover, the increasing concern of Truck driver shortage in many countries such as the US and Japan can be addressed with the help of semi-autonomous and autonomous trucks for goods transportation. Truck platooning using semi-autonomous and autonomous trucks can further improve efficiency and productivity and reduce CO2 emission.

The Autonomous Truck Market is dominated by a few globally established players such as Bosch (Germany), Continental (Germany), Aptiv (UK), ZF (Germany), and Denso (Japan). Moreover, technology developers such as Uber (US), Waymo (US), and TuSimple are providing momentum to the growth of the market.

Blind Spot Detection is estimated to be the fastest-growing segment of the global semi-autonomous Truck Market, by ADAS features. Lane assist is estimated to be the second-fastest-growing segment in the semi-autonomous truck market, by ADAS features. With increasing stringency of government norms about ADAS and safety features, the demand for Autonomous Emergency Braking technology (Semi-Autonomous), LIDAR (Autonomous), Adaptive cruise control (Semi-autonomous), and Radar (Autonomous) has increased in the US, Europe, South Korea, and Japan. Increasing infrastructural investments, technological developments, and rapid urbanization are expected to drive the growth of the market.

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The European region is estimated to dominate the semi-autonomous truck market

The region comprises technologically advanced countries such as Germany, France, and others. Also, European truck manufacturers such as Daimler (Germany), Volkswagen (Germany), and Volvo (Sweden) are focusing on research and development activities to develop autonomous vehicles. North America is expected to dominate the autonomous truck market (volume) followed by Europe and the Asia Pacific.

North America: Leading the autonomous truck market

North America is projected to account for the largest share, in terms of volume, of the autonomous truck market in 2025 and 2030, respectively. Truck production volumes in the region have increased over the years, with OEMs catering not only to the domestic demand but also to overseas demand.

The Asia Pacific is the most promising market for semi-autonomous and autonomous trucks.

It is projected to grow at a high rate during the forecast period. With the advantages of high production at low cost and availability of cheap labor, the Asia Pacific region has emerged as a major hub for several automotive OEMs. In addition, OEMs in the Asia Pacific are known to be leaders in the production of trucks in the world and are significant contributors to the Asian economy. North America is projected to lead the semi-autonomous and autonomous truck market, in terms of volume, in 2025 and 2030, respectively, owing to its technologically advanced automotive industry. Government norms and increasing demand for ease in driving have pushed the demand for semi-autonomous and autonomous trucks in this region.

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Scope of the Report:

By Level of Automation-

Semi-Autonomous Truck Market
• Level 1
• Level 2
• Level 3
Autonomous Truck Market
• Level 4
• Level 5

By ADAS Features-

Autonomous Truck Market
• Adaptive Cruise Control (ACC)
• Lane Assist (LA)
• Intelligent Park Assist (IPA)
• Highway Pilot (HP)
• Automatic Emergency Braking (AEB)
• Blind Spot Detection (BSD)
• Traffic Jam Assist (TJA)

By Sensor-

Autonomous Truck Market
• Radar
• Camera
• LiDAR
• Ultrasonic
Semi-Autonomous Truck Market
• Radar
• Camera
• LiDAR
• Ultrasonic

By Truck Class-

Autonomous Truck Market
• Class 1 to Class 3
• Class 4 to Class 6
• Class 7 & Class 8

By Propulsion Type-

Autonomous Truck Market
• Diesel
• Hybrid
• Electric
Semi-Autonomous Truck Market
• Diesel
• Hybrid
• Electric

By Region-

Autonomous Truck Market
• North America
• Asia Pacific
• Europe
• Rest of the World
Semi-Autonomous Truck Market
• North America
• Asia Pacific
• Europe
• Rest of the World

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