Press release
Autonomous Truck Market: Top Global Companies, Business Insights, Opportunities, Regional Overview, Strategies, and Size Forecast Until 2034
The autonomous truck market was estimated to be worth USD 42.34 billion in 2024 and is predicted to expand to USD 164.89 billion by 2034, with a CAGR of 14.6% from 2025 to 2034.๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐:
This comprehensive study provides an accurate overview of the worldwide autonomous truck market. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by autonomy level, sensor type, end use, and region in the study, which offers a comprehensive picture of the state of the market.
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
An autonomous truck is a self-operating vehicle created to move cargo without human intervention. It utilizes advanced technologies such as artificial intelligence, sensors, cameras, radar, and GPS to maneuver through roads, identify obstacles, and make instantaneous decisions. Self-driving trucks seek to boost efficiency, lower transportation expenses, and improve safety in the logistics and freight industries while tackling driver shortages and streamlining supply chain processes.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/autonomous-truck-market/request-for-sample
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ:
Labor shortages in the trucking industry are a major factor propelling the use of autonomous trucks. The demand for qualified truck drivers is growing, as the profession is physically intense, requires long hours, and frequently does not offer adequate pay.
Rising investments in the automotive industry are greatly propelling market expansion. Numerous automotive manufacturers and technology firms are investing significant resources to create self-driving technologies, which will enhance the functionality and security of autonomous vehicles.
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
Because there are so many companies in the market, it is expected to be both competitive and fragmented. Here are the top companies in the autonomous truck market:
BMW AG
AB Volvo
Ford Motor Co.
General Motor Company
Robert Bosch GmbH
Delphi Automotive PLC
Uber Technologies Inc.
Tesla Inc.
Volkswagen AG
Embark Trucks
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/autonomous-truck-market/request-for-discount-pricing
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
According to regional analysis, North America accounted for the largest revenue share in the market in 2024 because of the expansion of the logistics industry. The volume of trade and logistics in the region is increasing, prompting companies to adopt autonomous trucks to handle this high demand, which is elevating the need for autonomous trucks in the region.
Also, Asia Pacific is witnessing substantial growth in the global market, driven by growing industrialization and the need for effective transportation.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
By Autonomy Level (Revenue - USD Billion, 2020-2034)
Level 1
Level 2
Level 3
Level 4
Level 5
By Sensor Type (Revenue - USD Billion, 2020-2034)
Radar
LiDAR
Camera
Ultrasonic
By End Use (Revenue - USD Billion, 2020-2034)
Logistics
Construction & Manufacturing
Mining
Port
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/autonomous-truck-market/inquire-before-buying
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
The radar segment is expected to register a significant CAGR in the global market during the forecast period due to its reliability and cost-effectiveness for long-range detection.
Theย logistics segment dominated the autonomous truck market in 2024 due to the growing emphasis on cost savings and reliability in freight transportation.
Asia Pacific is growing rapidly in the autonomous truck market due to industrialization, rising demand for efficient transport, heavy investments in technology, strong manufacturing, booming e-commerce, and government support for smart infrastructure and automation.
In 2024,ย North America held the largest autonomous truck market revenue share due to the growth of the logistics industry.
The global key market players areย BMW AG; AB Volvo; Ford Motor Co.; General Motor Company; Robert Bosch GmbH; Delphi Automotive PLC; Uber Technologies Inc.; Tesla Inc.; Volkswagen AG; and Embark Trucks.
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Ev Charging Cables Marketย ย ย
https://www.polarismarketresearch.com/industry-analysis/ev-charging-cables
In-Vehicle Payment Services Market
https://www.polarismarketresearch.com/industry-analysis/in-vehicle-payment-services-market
Automotive Lightweight Material Marketย ย ย ย ย ย ย
https://www.polarismarketresearch.com/industry-analysis/automotive-lightweight-material-market
Automotive Finance Marketย ย ย
https://www.polarismarketresearch.com/industry-analysis/automotive-finance-market
Electric Truck Marketย
https://www.polarismarketresearch.com/industry-analysis/electric-truck-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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