Automated Truck Market
Automated Truck Market Study by Adaptive Cruise Control, Lane Keep Assist, Automatic Emergency Braking, Blind Spot Detection, Intelligent Park Assist, Highway Pilot, and Others from 2023 to 2033
Analysis of Automated Truck Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Automated Truck Market Outlook (2023 to 2033)
The global automated truck market is valued at US$ 381.32 million in 2023 and is set to swell to a size of US$ 2.78 billion by 2033, rising at an astonishing CAGR of 22% from 2023 to 2033 (forecast period).
Automated trucks, also known as self-driving or autonomous trucks, are vehicles that can operate without direct human intervention. These trucks are outfitted with modern technologies such as sensors, cameras, radar systems, and computer algorithms, allowing them to perceive their surroundings, navigate, and make driving decisions without the need for human intervention.
Automated trucks have the potential to transform the transportation industry by boosting efficiency, increasing safety, and lowering costs. They have the ability to minimize human errors, fatigue-related issues, and driver shortages.
One of the main demand drivers for automated trucks is the potential to improve road safety. Human error and exhaustion are the major causes of accidents in the transportation industry.
Automated trucks, by eliminating human drivers, have the potential to reduce accidents caused by factors such as distracted driving, drunk driving, and driver tiredness. These vehicles' powerful sensor systems and algorithms can perceive and respond to their surroundings faster than human drivers, potentially avoiding collisions and boosting overall road safety.
- According to research done by the Federal Motor Carrier Safety Administration in partnership with trucking industry leaders, the deployment of advanced driver assistance technology (ADAS) has greatly enhanced highway safety.
- J.B. Hunt, a major for-hire carrier in the United States, has fitted 98% of its vehicles with lane departure warning systems, forward-collision warning systems, and dash cams on 84% of its class 8 trucks. The use of such technologies has resulted in a 50% reduction in rear-end collisions.
Top original equipment manufacturers are collaborating with technology businesses to develop ADAS. Nvidia and other technology companies have entered this market to offer services to corporations like Paccar and Volvo.
Automated trucks have the potential to boost operational efficiency and reduce costs for logistics and transportation organizations. They can function continuously without the requirement for breaks, sleep, or compliance with hours-of-service rules, which can greatly improve productivity and minimize overall transportation time. Furthermore, automated trucks can optimize routes, lower fuel consumption, and minimize maintenance expenses.
| Report Attributes | Details |
|---|---|
| Automated Truck Market Size (2023) | US$ 381.32 million |
| Projected Market Value (2033) | US$ 2.78 billion |
| Global Market Growth Rate (2023 to 2033) | 22% CAGR |
| United States Market Value (2033) | US$ 704.72 million |
| Logistics Segment Growth Rate (2023 to 2033) | 21.4% CAGR |
| Key Companies Profiled | AB Volvo; Uber Technologies Inc; Daimler AG; Ford Motor Co; Tesla Inc; Aptiv; BMW AG |
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Why are Sales of Automated Truck Booming?
“Shortage of Truck Drivers in Developed Economies”
Many regions are experiencing a truck driver shortage, posing a problem for the transportation industry. With the majority of baby-boomer truckers set to retire in the coming years, particularly in North America and Europe, the two areas face a catastrophic shortage of truck drivers.
- For example, the American Trucking Association reported a rise in the driver shortfall from 10,000 in 2017 to 60,800 in 2018.
- According to the American Transportation Research Institute, trucking businesses will require 100,000 drivers to operate their vehicles during the next five years.
- Likewise, data from the International Road Transport Union show that European commercial freight driver shortages increased from 23% in 2019 to 36% in 2020, with Poland and Romania bearing the burden.
Trucking businesses are switching to automated trucks to address these inadequacies. Automated trucks can tackle this issue by lowering the dependency on human drivers. Moreover, by automating specific duties, these trucks can operate without human assistance, addressing the driver shortage problem. As a result, the demand for automated trucks is skyrocketing in these regions.
Country-wise Insights
What Makes the United States the Frontrunner in the Worldwide Market?
“Driver Shortages, Technological Advancements, and Supportive Regulatory Environment”
The United States has a vast and extensive transportation industry, with significant demand for efficient and cost-effective logistics solutions. Automated trucks can streamline operations, cut transportation costs, and improve supply chain efficiency.
As a result, firms in the United States are progressively adopting automated transportation technologies to gain a competitive advantage and boost their bottom line. The United States automated truck market is expected to achieve US$ 704.72 million by 2033.
The United States, like many other countries, is experiencing a shortage of truck drivers. The aging driver population, combined with the difficult nature of the job, has resulted in a decrease in the number of people seeking truck driving jobs, raising the demand for automated trucks. The technology can help alleviate the effects of driver shortages while ensuring the continuity of logistics operations.
The United States is home to several leading technology businesses, including those focused on autonomous driving technologies. This has resulted in a vibrant environment for automated trucking research, development, and innovation. Moreover, many US-based companies are at the forefront of developing autonomous trucking solutions, contributing to the country's market growth. The government is becoming increasingly interested in supporting and fostering the development of autonomous vehicles, particularly automated trucks.
- Federal agencies such as the National Highway Traffic Safety Administration (NHTSA) and the Department of Transportation (DOT) have been actively involved in developing standards and laws to ensure the safe deployment of autonomous vehicles.
Some states have enacted legislation or established pilot programs to promote the testing and operation of automated trucks within their jurisdictions.
Which Countries are Primarily Bolstering Asia Pacific Market Progress?
“China, Japan, and South Korea to Strengthen Regional Market Stance”
The market in China is predicted to hit US$ 607.23 million by 2033. China has experienced fast industrialization and a thriving e-Commerce industry, resulting in considerable growth in freight transportation demand. Automated trucks have the ability to satisfy the expanding logistics needs in an efficient and cost-effective manner.
The Japanese market is anticipated to garner US$ 169.91 million by 2033. Like many other developed countries, Japan is witnessing an aging workforce and a fall in truck driver numbers, increasing the sales of automated trucks. Furthermore, Japan's infrastructure is well-developed, with excellent road networks and intelligent transportation systems. These elements create a favorable climate for the deployment of automated trucks, making it easier to integrate them into current transportation systems.
The government of South Korea has recognized the promise of automated trucks and has undertaken numerous initiatives and investment programs to encourage their development and deployment.
South Korea has a robust logistics industry owing to its export-oriented economy. Automated trucks have the potential to improve logistics efficiency, save costs, and improve supply chain management, making them an appealing choice for the country's logistics industry. The South Korean market is forecasted to reach US$ 89.13 million by 2033.
Why is Germany a Lucrative Market for Automated Trucks?
“Robust Automotive and Logistics Sectors and Strong Government Support & Initiatives”
Sales of automated trucks in Germany are projected to touch US$ 286.9 million by 2033. Germany has a strong automotive sector with well-known manufacturers and suppliers. The country's strength in engineering, manufacturing, and automotive technology is critical to the development and growth of autonomous vehicles. German automakers have been spending on research and development to expand autonomous driving technology, notably, those connected to trucks.
Germany has a highly developed logistics and transportation sector due to its central location in Europe and its importance as an international trade hub. Automated vehicles can considerably improve logistics operations, increase productivity, and cut costs for German logistics companies.
The German government has shown support for developing and deploying autonomous driving technologies, including automated trucks. They have initiated projects, provided funds, and set legislative frameworks to foster innovation and assure the safe adoption of these technologies on public roadways. This favorable climate encourages enterprises to invest in autonomous truck research, development, and implementation efforts.
Germany has been concentrating on lowering carbon emissions and shifting to more sustainable transportation systems. Automated trucks can help achieve this goal by optimizing routes, lowering fuel use, and facilitating the adoption of alternative energy sources. The environmental benefits of autonomous transportation match Germany's sustainability goals.
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Category-wise Insights
Why is the Logistics Industry Embracing Automated Trucks at a Fast Rate?
“Benefits of Cost Savings, Increased Efficiency, and Improved Safety”
As per Fact.MR, a market research and competitive intelligence provider, the demand for automated trucks from the logistics industry is estimated to expand at a CAGR of 21.4% from 2023 to 2033.
Automated trucks have the potential to lower logistics businesses' operational expenses. They can optimize routes, enhance fuel efficiency, and reduce idle time, all of which result in cost savings. Companies can also decrease labor costs connected with driver wages, benefits, and compliance with working-hour requirements by using automated trucks.
Automated trucks can run constantly without stopping, cutting delivery times and enhancing overall logistics efficiency. They can also be programmed to take precise routes and follow precise schedules, eliminating delays and streamlining logistics processes.
With increased efficiency and productivity, companies can handle larger volumes of shipments, meet customer demands more effectively, and improve their competitiveness in the market. Automation technology in trucks has the potential to improve safety by eliminating reliance on human drivers, who may be prone to fatigue, distraction, or errors.
Automated trucks can follow traffic laws, keep safe distances from other vehicles, and react to possible hazards faster. This reduces the danger of accidents, property damage, and personal injury, resulting in better safety records for logistics companies. Moreover, many locations are experiencing a scarcity of truck drivers, which causes issues for the logistics business. Automated trucks help tackle driver shortages by eliminating the need for human drivers.
Competitive Landscape
Key players in the automated truck market are focusing on collaborations, acquisitions, investments, R&D activities, and technological innovations to grow and reinforce their market presence.
- Daimler Trucks unveiled a new industry standard scalable truck platform for autonomous driving in 2021, capable of producing ASE level 4 autonomous trucks with advanced systems for added safety.
- Daimler and Waymo collaborated in October 2020 to develop completely driverless semi-trucks. This strategic collaboration allows Daimler to incorporate Waymo's autonomous driving technology into the company's vehicles.
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Key Segments of Automated Truck Industry Research
-
By Sensor Type :
- Ultrasonic
- Radars
- Cameras
- LiDAR
-
By Level of Autonomy :
- Level 1
- Level 2
- Level 3
- Level 4
- Level 5
-
By Propulsion :
- Diesel
- Electric
- Gasoline
- Hybrid
-
By Truck Type :
- Light Duty Trucks
- Medium Duty Trucks
- Heavy Duty Trucks
-
By ADAS Feature :
- Adaptive Cruise Control
- Lane Keep Assist
- Automatic Emergency Braking
- Blind Spot Detection
- Intelligent Park Assist
- Highway Pilot
- Traffic Jam Assist
-
By End Use :
- Mining
- Logistics
-
By Region :
- North America
- Latin America
- Europe
- Asia Pacific & China
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Global Market Sales Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 6. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Truck Type
- 7.1. Cab-integrated Trucks
- 7.2. Cabless
- 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Class
- 8.1. Class 8 and Class 9
- 8.2. Ultra Class
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Autonomy Level
- 9.1. Level 3
- 9.2. Level 4
- 9.3. Level 5
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use Industry
- 10.1. Mining
- 10.2. Logistics
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sensor
- 11.1. RADAR
- 11.2. LiDAR
- 11.3. Camera
- 11.4. Others
- 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 12.1. North America
- 12.2. Latin America
- 12.3. Europe
- 12.4. East Asia
- 12.5. South Asia
- 12.6. Oceania
- 12.7. Middle East and Africa (MEA)
- 13. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. Uber Technologies Inc.
- 21.2. Daimler AG
- 21.3. Ford Motor Co
- 21.4. AB Volvo
- 21.5. BMW AG
- 21.6. Tesla Inc.
- 21.7. Google Inc.
- 21.8. IVICO
- 21.9. DAF
- 21.10. Scania
- 21.11. Slazenger
- 22. Appendix
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List Of Table
Table 01: Global Market Volume (Units) by Truck Type, 2018 to 2033
Table 02: Global Market Value (US$ Mn) by Truck Type, 2018 to 2033
Table 03: Global Market Volume (Units) By Class, 2018 to 2033
Table 04: Global Market Value (US$ Mn) By Class, 2018 to 2033
Table 05: Global Market Volume (Units) by Autonomy Level, 2018 to 2033
Table 06: Global Market Value (US$ Mn) by Autonomy Level, 2018 to 2033
Table 07: Global Market Volume (Units) by End Use Industry, 2018 to 2033
Table 08: Global Market Value (US$ Mn) by End Use Industry, 2018 to 2033
Table 09: Global Market Volume (Units) by Region , 2018 to 2033
Table 10: Global Market Value (US$ Mn) by Region , 2018 to 2033
Table 11: North America Market Volume (Units) by Truck Type, 2018 to 2033
Table 12: North America Market Value (US$ Mn) by Truck Type, 2018 to 2033
Table 13: North America Market Volume (Units) By Class, 2018 to 2033
Table 14: North America Market Value (US$ Mn) By Class, 2018 to 2033
Table 15: North America Market Volume (Units) by Autonomy Level, 2018 to 2033
Table 16: North America Market Value (US$ Mn) by Autonomy Level, 2018 to 2033
Table 17: North America Market Volume (Units) by End Use Industry, 2018 to 2033
Table 18: North America Market Value (US$ Mn) by End Use Industry, 2018 to 2033
Table 19: North America Market Volume (Units) by Country , 2018 to 2033
Table 20: North America Market Value (US$ Mn) by Country , 2018 to 2033
Table 21: Latin America Market Volume (Units) by Truck Type, 2018 to 2033
Table 22: Latin America Market Value (US$ Mn) by Truck Type, 2018 to 2033
Table 23: Latin America Market Volume (Units) By Class, 2018 to 2033
Table 24: Latin America Market Value (US$ Mn) By Class, 2018 to 2033
Table 25: Latin America Market Volume (Units) by Autonomy Level, 2018 to 2033
Table 26: Latin America Market Value (US$ Mn) by Autonomy Level, 2018 to 2033
Table 27: Latin America Market Volume (Units) by End Use Industry, 2018 to 2033
Table 28: Latin America Market Value (US$ Mn) by End Use Industry, 2018 to 2033
Table 29: Latin America Market Volume (Units) by Country , 2018 to 2033
Table 30: Latin America Market Value (US$ Mn) by Country , 2018 to 2033
Table 31: Europe Market Volume (Units) by Truck Type, 2018 to 2033
Table 32: Europe Market Value (US$ Mn) by Truck Type, 2018 to 2033
Table 33: Europe Market Volume (Units) By Class, 2018 to 2033
Table 34: Europe Market Value (US$ Mn) By Class, 2018 to 2033
Table 35: Europe Market Volume (Units) by Autonomy Level, 2018 to 2033
Table 36: Europe Market Value (US$ Mn) by Autonomy Level, 2018 to 2033
Table 37: Europe Market Volume (Units) by End Use Industry, 2018 to 2033
Table 38: Europe Market Value (US$ Mn) by End Use Industry, 2018 to 2033
Table 39: Europe Market Volume (Units) by Country , 2018 to 2033
Table 40: Europe Market Value (US$ Mn) by Country , 2018 to 2033
Table 41: East Asia Market Volume (Units) by Truck Type, 2018 to 2033
Table 42: East Asia Market Value (US$ Mn) by Truck Type, 2018 to 2033
Table 43: East Asia Market Volume (Units) By Class, 2018 to 2033
Table 44: East Asia Market Value (US$ Mn) By Class, 2018 to 2033
Table 45: East Asia Market Volume (Units) by Autonomy Level, 2018 to 2033
Table 46: East Asia Market Value (US$ Mn) by Autonomy Level, 2018 to 2033
Table 47: East Asia Market Volume (Units) by End Use Industry, 2018 to 2033
Table 48: East Asia Market Value (US$ Mn) by End Use Industry, 2018 to 2033
Table 49: East Asia Market Volume (Units) by Country , 2018 to 2033
Table 50: East Asia Market Value (US$ Mn) by Country , 2018 to 2033
Table 51: South Asia & Oceania Market Volume (Units) by Truck Type, 2018 to 2033
Table 52: South Asia & Oceania Market Value (US$ Mn) by Truck Type, 2018 to 2033
Table 53: South Asia & Oceania Market Volume (Units) By Class, 2018 to 2033
Table 54: South Asia & Oceania Market Value (US$ Mn) By Class, 2018 to 2033
Table 55: South Asia & Oceania Market Volume (Units) by Autonomy Level, 2018 to 2033
Table 56: South Asia & Oceania Market Value (US$ Mn) by Autonomy Level, 2018 to 2033
Table 57: South Asia & Oceania Market Volume (Units) by End Use Industry, 2018 to 2033
Table 58: South Asia & Oceania Market Value (US$ Mn) by End Use Industry, 2018 to 2033
Table 59: South Asia & Oceania Market Volume (Units) by Country , 2018 to 2033
Table 60: South Asia & Oceania Market Value (US$ Mn) by Country , 2018 to 2033
Table 61: MEA Market Volume (Units) by Truck Type, 2018 to 2033
Table 62: MEA Market Value (US$ Mn) by Truck Type, 2018 to 2033
Table 63: MEA Market Volume (Units) By Class, 2018 to 2033
Table 64: MEA Market Value (US$ Mn) By Class, 2018 to 2033
Table 65: MEA Market Volume (Units) by Autonomy Level, 2018 to 2033
Table 66: MEA Market Value (US$ Mn) by Autonomy Level, 2018 to 2033
Table 67: MEA Market Volume (Units) by End Use Industry, 2018 to 2033
Table 68: MEA Market Value (US$ Mn) by End Use Industry, 2018 to 2033
Table 69: MEA Market Volume (Units) by Country , 2018 to 2033
Table 70: MEA Market Value (US$ Mn) by Country , 2018 to 2033
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List Of Figures
Figure 01: Global Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023 to 2033
Figure 02: Global Market Share Analysis by Truck Type, 2023 to 2033
Figure 03: Global Market Y-o-Y Growth Projections by Truck Type, 2023 to 2033
Figure 04: Global Market Attractiveness Analysis by Truck Type, 2023 to 2033
Figure 05: Global Market Share Analysis By Class, 2023 to 2033
Figure 06: Global Market Y-o-Y Growth Projections By Class, 2023 to 2033
Figure 07: Global Market Attractiveness Analysis By Class, 2023 to 2033
Figure 08: Global Market Share Analysis by Autonomy Level, 2023 to 2033
Figure 09: Global Market Y-o-Y Growth Projections by Autonomy Level, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Autonomy Level, 2023 to 2033
Figure 11: Global Market Share Analysis by End-Use, 2023 to 2033
Figure 12: Global Market Y-o-Y Growth Projections by End-Use, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by End-Use, 2023 to 2033
Figure 14: Global Market Share Analysis by Region, 2023 to 2033
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023 to 2033
Figure 18: North America Market Share Analysis by Truck Type, 2023 to 2033
Figure 19: North America Market Y-o-Y Growth Projections by Truck Type, 2023 to 2033
Figure 20: North America Market Attractiveness Analysis by Truck Type, 2023 to 2033
Figure 21: North America Market Share Analysis By Class, 2023 to 2033
Figure 22: North America Market Y-o-Y Growth Projections By Class, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis By Class, 2023 to 2033
Figure 24: North America Market Share Analysis by Autonomy Level, 2023 to 2033
Figure 25: North America Market Y-o-Y Growth Projections by Autonomy Level, 2023 to 2033
Figure 26: North America Market Attractiveness Analysis by Autonomy Level, 2023 to 2033
Figure 27: North America Market Share Analysis by End-Use, 2023 to 2033
Figure 28: North America Market Y-o-Y Growth Projections by End-Use, 2023 to 2033
Figure 29: North America Market Attractiveness Analysis by End-Use, 2023 to 2033
Figure 30: North America Market Share Analysis by Country, 2023 to 2033
Figure 31: North America Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 32: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 33: Latin America Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023 to 2033
Figure 34: Latin America Market Share Analysis by Truck Type, 2023 to 2033
Figure 35: Latin America Market Y-o-Y Growth Projections by Truck Type, 2023 to 2033
Figure 36: Latin America Market Attractiveness Analysis by Truck Type, 2023 to 2033
Figure 37: Latin America Market Share Analysis By Class, 2023 to 2033
Figure 38: Latin America Market Y-o-Y Growth Projections By Class, 2023 to 2033
Figure 39: Latin America Market Attractiveness Analysis By Class, 2023 to 2033
Figure 40: Latin America Market Share Analysis by Autonomy Level, 2023 to 2033
Figure 41: Latin America Market Y-o-Y Growth Projections by Autonomy Level, 2023 to 2033
Figure 42: Latin America Market Attractiveness Analysis by Autonomy Level, 2023 to 2033
Figure 43: Latin America Market Share Analysis by End-Use, 2023 to 2033
Figure 44: Latin America Market Y-o-Y Growth Projections by End-Use, 2023 to 2033
Figure 45: Latin America Market Attractiveness Analysis by End-Use, 2023 to 2033
Figure 46: Latin America Market Share Analysis by Country, 2023 to 2033
Figure 47: Latin America Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 48: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 49: Europe Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023 to 2033
Figure 50: Europe Market Share Analysis by Truck Type, 2023 to 2033
Figure 51: Europe Market Y-o-Y Growth Projections by Truck Type, 2023 to 2033
Figure 52: Europe Market Attractiveness Analysis by Truck Type, 2023 to 2033
Figure 53: Europe Market Share Analysis By Class, 2023 to 2033
Figure 54: Europe Market Y-o-Y Growth Projections By Class, 2023 to 2033
Figure 55: Europe Market Attractiveness Analysis By Class, 2023 to 2033
Figure 56: Europe Market Share Analysis by Autonomy Level, 2023 to 2033
Figure 57: Europe Market Y-o-Y Growth Projections by Autonomy Level, 2023 to 2033
Figure 58: Europe Market Attractiveness Analysis by Autonomy Level, 2023 to 2033
Figure 59: Europe Market Share Analysis by End-Use, 2023 to 2033
Figure 60: Europe Market Y-o-Y Growth Projections by End-Use, 2023 to 2033
Figure 61: Europe Market Attractiveness Analysis by End-Use, 2023 to 2033
Figure 62: Europe Market Share Analysis by Country, 2023 to 2033
Figure 63: Europe Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 64: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 65: East Asia Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023 to 2033
Figure 66: East Asia Market Share Analysis by Truck Type, 2023 to 2033
Figure 67: East Asia Market Y-o-Y Growth Projections by Truck Type, 2023 to 2033
Figure 68: East Asia Market Attractiveness Analysis by Truck Type, 2023 to 2033
Figure 69: East Asia Market Share Analysis By Class, 2023 to 2033
Figure 70: East Asia Market Y-o-Y Growth Projections By Class, 2023 to 2033
Figure 71: East Asia Market Attractiveness Analysis By Class, 2023 to 2033
Figure 72: East Asia Market Share Analysis by Autonomy Level, 2023 to 2033
Figure 73: East Asia Market Y-o-Y Growth Projections by Autonomy Level, 2023 to 2033
Figure 74: East Asia Market Attractiveness Analysis by Autonomy Level, 2023 to 2033
Figure 75: East Asia Market Share Analysis by End-Use, 2023 to 2033
Figure 76: East Asia Market Y-o-Y Growth Projections by End-Use, 2023 to 2033
Figure 77: East Asia Market Attractiveness Analysis by End-Use, 2023 to 2033
Figure 78: East Asia Market Share Analysis by Country, 2023 to 2033
Figure 79: East Asia Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 80: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 81: South Asia & Oceania Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023 to 2033
Figure 82: South Asia & Oceania Market Share Analysis by Truck Type, 2023 to 2033
Figure 83: South Asia & Oceania Market Y-o-Y Growth Projections by Truck Type, 2023 to 2033
Figure 84: South Asia & Oceania Market Attractiveness Analysis by Truck Type, 2023 to 2033
Figure 85: South Asia & Oceania Market Share Analysis By Class, 2023 to 2033
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projections By Class, 2023 to 2033
Figure 87: South Asia & Oceania Market Attractiveness Analysis By Class, 2023 to 2033
Figure 88: South Asia & Oceania Market Share Analysis by Autonomy Level, 2023 to 2033
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Autonomy Level, 2023 to 2033
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Autonomy Level, 2023 to 2033
Figure 91: South Asia & Oceania Market Share Analysis by End-Use, 2023 to 2033
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by End-Use, 2023 to 2033
Figure 93: South Asia & Oceania Market Attractiveness Analysis by End-Use, 2023 to 2033
Figure 94: South Asia & Oceania Market Share Analysis by Country, 2023 to 2033
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 96: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 97: MEA Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023 to 2033
Figure 98: MEA Market Share Analysis by Truck Type, 2023 to 2033
Figure 99: MEA Market Y-o-Y Growth Projections by Truck Type, 2023 to 2033
Figure 100: MEA Market Attractiveness Analysis by Truck Type, 2023 to 2033
Figure 101: MEA Market Share Analysis By Class, 2023 to 2033
Figure 102: MEA Market Y-o-Y Growth Projections By Class, 2023 to 2033
Figure 103: MEA Market Attractiveness Analysis By Class, 2023 to 2033
Figure 104: MEA Market Share Analysis by Autonomy Level, 2023 to 2033
Figure 105: MEA Market Y-o-Y Growth Projections by Autonomy Level, 2023 to 2033
Figure 106: MEA Market Attractiveness Analysis by Autonomy Level, 2023 to 2033
Figure 107: MEA Market Share Analysis by End-Use, 2023 to 2033
Figure 108: MEA Market Y-o-Y Growth Projections by End-Use, 2023 to 2033
Figure 109: MEA Market Attractiveness Analysis by End-Use, 2023 to 2033
Figure 110: MEA Market Share Analysis by Country, 2023 to 2033
Figure 111: MEA Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 112: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How much is the global automated truck market currently worth?
The global automated truck market stands at US$ 381.32 million in 2023.
What is the sales forecast for automated trucks for 2033?
Worldwide sales of automated trucks are projected to reach US$ 2.78 billion by 2033.
What is the predicted growth rate for the global market?
The market for automated trucks is predicted to soar at a CAGR of 22% from 2023 to 2033.
At what CAGR is the demand for automated trucks anticipated to increase from the logistics industry?
Demand for automated trucks from the logistics industry is expected to rise at a CAGR of 21.4% during the forecast period.
What is the estimated value of the United States automated truck market for 2033?
The United States market is set to touch US$ 704.72 million by the end of 2033.
Automated Truck Market