Press release
Autonomous Truck Market Poised for Breakthrough Growth with Advanced AI and Logistics Demand
The autonomous truck market is experiencing rapid expansion, with projections varying across reports but consistently showing strong growth from 2025 onward driven by AI advancements and logistics demands. The Autonomous Truck Market is expected to reach US$ 117.61 billion by 2031 from US$ 43.25 billion in 2024. The market is anticipated to register a CAGR of 15.9% during 2025-2031. North America leads with significant adoption in long-haul operations, while Asia Pacific shows the fastest growth potential due to investments in China and Japan.Download PDF Sample Copy @ https://www.theinsightpartners.com/sample/TIPRE00042049/?utm_source=OpenPR&utm_medium=10813
Key Market Drivers
• Surging demand for efficient logistics and last-mile delivery solutions pushes autonomous trucks as a response to e-commerce growth and supply chain pressures.
• Driver shortages and rising labor costs in trucking industries worldwide accelerate adoption, especially for heavy-duty long-haul routes.
• Advancements in AI, sensors, LiDAR, and connectivity technologies enable safer navigation and real-time decision-making, minimizing human error.
Access full description of the report- https://www.theinsightpartners.com/reports/autonomous-truck-market
Emerging Trends-
• Hub-to-hub autonomous operations gain traction, with pilots by companies like Kodiak Robotics and Aurora Innovation focusing on highway freight between logistics centers.
• Light-duty trucks dominate for urban deliveries, supported by partnerships like Walmart with Gatik for middle-mile driverless transport.
• Regional pushes include Europe's truck platooning projects for fuel efficiency and Asia's focus on mining and last-mile applications.
Growth Opportunities-
• Fast-moving consumer goods (FMCG) segments lead demand, expected to hold around 34% market share in 2025 amid e-commerce and frequent deliveries.
• Regulatory support and safety norm introductions in the U.S., Europe, and Asia Pacific open doors for scaled deployments and R&D investments.
• Integration of Level 4/5 autonomy by 2030 promises widespread fleet management solutions, addressing green transport and operational scalability.
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Related Report:
Autonomous Driving Market: https://www.theinsightpartners.com/reports/autonomous-driving-market
Commercial Truck Market: https://www.theinsightpartners.com/reports/commercial-truck-market
Truck Loading Market: https://www.theinsightpartners.com/reports/truck-loading-market
Automated Truck Loading System Market: https://www.theinsightpartners.com/reports/automated-truck-loading-system-atls-market
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Phone: +1-646-491-9876
About The Insight Partners
The Insight Partners is a leading provider of actionable market research and consulting. The Air Cooled Chillers Market report delivers comprehensive market sizing, trends, competitive analysis, and strategic insights to help stakeholders make informed decisions in a rapidly evolving environment.
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