Driverless Truck Technology Market Revenue was valued at USD 2.2 Billion in 2024 and is estimated to reach USD 15.4 Billion by 2033, growing at a CAGR of 26.2% from 2026 to 2033.
The driverless truck technology market size was valued at USD 1.15 billion in 2022 and is projected to expand at a CAGR of 21.5% from 2023 to 2030. The increasing demand for autonomous trucks to enhance operational efficiency, reduce human labor costs, and improve safety across the transportation and logistics industries is a significant factor driving this market. By 2030, the market is expected to reach approximately USD 10.78 billion. The North American region dominated the global market in 2022, accounting for the largest market share due to the early adoption of advanced autonomous vehicle technologies and strong government support for the development of driverless trucking systems. The demand for autonomous trucks in North America is expected to remain strong, given the region’s developed infrastructure and growing need for efficient freight transportation.
In terms of regional analysis, Europe and Asia Pacific are expected to show substantial growth in the driverless truck technology market. Europe is projected to grow at a significant rate due to stringent regulations focusing on road safety and the increasing need to optimize supply chains, while Asia Pacific is anticipated to witness rapid growth due to the increasing demand for automation in logistics and growing investments in autonomous vehicle development. The Middle East and Africa, along with Latin America, are also expected to see moderate growth as these regions are gradually adopting automation technologies in logistics and transportation sectors. Opportunities lie in the development of affordable autonomous systems, regional partnerships for technology integration, and the expansion of infrastructure to support autonomous vehicles in these emerging markets.
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Waabi
Einride
Embark Trucks
Starsky Robotics
Peloton Technology
Ottomotto (Uber)
FluxAuto
Mars Auto
Pony
Inceptio
Trunk
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Driverless Truck Technology Market
LiDAR
Radar
Computer Vision
Artificial Intelligence
GPS & GNSS
Other Technologies
Heavy Trucks
Light Trucks
Medium Trucks
Level 1 (Driver Assistance)
Level 2 (Partial Automation)
Level 3 (Conditional Automation)
Level 4 (High Automation)
Level 5 (Full Automation)
Long-Haul Transportation
Short-Haul Transportation
Urban Deliveries
Mining & Construction
Other Applications
Logistics & Transportation
Retail
Oil & Gas
Construction
Agriculture
Other Industries
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Driverless Truck Technology Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Driverless Truck Technology Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Driverless Truck Technology Market, By Type
6. Global Driverless Truck Technology Market, By Application
7. Global Driverless Truck Technology Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Driverless Truck Technology Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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