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.

Automated Trucks Market Size, Share, Trends, Growth, Demand and Sales Forecast Report by Fact.MR

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.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

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

    1.1. Global Market Outlook

    1.2. Summary of Statistics

    1.3. Summary of Key Findings

    1.4. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Risks and Trends Assessment

    3.1. Risk Assessment

        3.1.1. COVID-19 Crisis and Impact on Sales

        3.1.2. COVID-19 Crisis and Impact on Prices

        3.1.3. COVID-19 Impact Benchmark with Previous Crisis

            3.1.3.1. Change in Sales

            3.1.3.2. Before and After COVID-19 Crisis (Projected)

            3.1.3.3. Before and After Sub-prime Crisis – 2008 (Actual)

            3.1.3.4. Change in Sales post Recovery Period (After Each Crisis)

        3.1.4. Impact on Market Value (US$ Mn)

            3.1.4.1. Likely Loss of Value in 2023

            3.1.4.2. Mid-term and Long Term Forecast

            3.1.4.3. Quarter by Quarter Sales and Recovery Assessment

        3.1.5. Anticipated Sales and Value Recovery Curve

            3.1.5.1. Likelihood of U-Shape Recovery

            3.1.5.2. Likelihood of L-Shape Recovery

        3.1.6. Recovery Period Assessment by Key Countries

        3.1.7. Recovery Assessment by Key Market Segments

        3.1.8. Action Points and Recommendation for Suppliers

    3.2. Key Trends Impacting the Market

    3.3. Formulation and Truck Type Development Trends

4. Market Background and Foundation Data Points

    4.1. Automotive Market Outlook

    4.2. Regulatory Landscape

    4.3. Automotive Decision of Manufacturers

    4.4. Scenario based Growth Forecast

    4.5. Value Chain Analysis

        4.5.1. List of Key Manufacturers

        4.5.2. List of Channel Partners

        4.5.3. Operating Margins

        4.5.4. Notes on Value Added at Each Node in the Value Chain

    4.6. Macro-Economic Factors

        4.6.1. Global GDP Growth Outlook

        4.6.2. Global Automotive Industry Outlook

        4.6.3. Global Employment Outlook

        4.6.4. Per Capita Disposable Income

    4.7. Forecast Factors - Relevance & Impact

        4.7.1. Top Companies Historical Growth

        4.7.2. Global GDP Growth Analysis

        4.7.3. Index of Industrial Truck Typeion

        4.7.4. Industrial Growth Impact

    4.8. Market Dynamics

        4.8.1. Market Driving Factors and Impact Assessment

        4.8.2. Prominent Market Challenges and Impact Assessment

        4.8.3. Market Opportunities

        4.8.4. Prominent Trends in the Global Market & Their Impact Assessment

5. Global Market Sales Analysis 2018-2022 and Forecast, 2023-2033

    5.1. Historical Market Volume (Units) Analysis, 2018-2022

    5.2. Current and Future Market Volume (Units) Projections, 2023-2033

    5.3. Y-o-Y Growth Trend Analysis

6. Global Market Value Analysis 2018-2022 and Forecast, 2023-2033

    6.1. Historical Market Value (US$ Mn) Analysis, 2018-2022

    6.2. Current and Future Market Value (US$ Mn) Projections, 2023-2033

        6.2.1. Y-o-Y Growth Trend Analysis

        6.2.2. Absolute $ Opportunity Analysis

7. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Truck Type

    7.1. Introduction / Key Findings

    7.2. Historical Market Size (US$ Mn) & Volume (Units) Analysis By Truck Type, 2018-2022

    7.3. Current and Future Market Size (US$ Mn) & Volume (Units) Analysis and Forecast By Truck Type, 2023 - 2033

        7.3.1. Cab-integrated Trucks

        7.3.2. Cabless

    7.4. Market Attractiveness Analysis By Truck Type

8. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Class

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ Mn) & Volume (Units) Analysis By Class, 2018-2022

    8.3. Current and Future Market Size (US$ Mn) & Volume (Units) Analysis and Forecast By Class, 2023 - 2033

        8.3.1. Class 8 and Class 9

        8.3.2.Ultra Class

    8.4. Market Attractiveness Analysis By Class

9. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Autonomy Level

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Mn) & Volume (Units) Analysis By Autonomy Level, 2018-2022

    9.3. Current and Future Market Size (US$ Mn) & Volume (Units) Analysis and Forecast By Autonomy Level, 2023 - 2033

        9.3.1. Level 3

        9.3.2. Level 4

        9.3.3. Level 5

    9.4. Market Attractiveness Analysis By Autonomy Level

10. Global Market Analysis 2018-2022 and Forecast 2023-2033, By End Use Industry

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Mn) & Volume (Units) Analysis By End Use Industry, 2018-2022

    10.3. Current and Future Market Size (US$ Mn) & Volume (Units) Analysis and Forecast By End Use Industry, 2023 - 2033

        10.3.1. Mining

        10.3.2. Logistics

    10.4. Market Attractiveness Analysis By End Use Industry

11. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Sensor

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Mn) & Volume (Units) Analysis By End Use Industry, 2018-2022

    11.3. Current and Future Market Size (US$ Mn) & Volume (Units) Analysis and Forecast By End Use Industry, 2023 - 2033

        11.3.1. RADAR

        11.3.2. LiDAR

        11.3.3. Camera

        11.3.4. Others

    11.4. Market Attractiveness Analysis By Sensor

12. Global Market Analysis 2018-2022 and Forecast 2023-2033, by Region

    12.1. Introduction

    12.2. Historical Market Size (US$ Mn) & Volume (Units) Analysis By Region, 2018-2022

    12.3. Current Market Size (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2023 - 2033

        12.3.1. North America

        12.3.2. Latin America

        12.3.3. Europe

        12.3.4. East Asia

        12.3.5. South Asia

        12.3.6. Oceania

        12.3.7. Middle East and Africa (MEA)

    12.4. Market Attractiveness Analysis By Region

13. North America Market Analysis 2018-2022 and Forecast 2023-2033

    13.1. Introduction

    13.2. Pricing Analysis

    13.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018-2022

    13.4. Market Size (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2023 - 2033

        13.4.1. By Country

            13.4.1.1. U.S.

            13.4.1.2. Canada

        13.4.2. By Truck Type

        13.4.3. By Class

        13.4.4. By Autonomy Level

        13.4.5. By End Use Industry

        13.4.6. By Sensor

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Truck Type

        13.5.3. By Class

        13.5.4. By Autonomy Level

        13.5.5. By End Use Industry

        13.5.6. By Sensor

14. Latin America Market Analysis 2018-2022 and Forecast 2023-2033

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018-2022

    14.4. Market Size (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2023 - 2033

        14.4.1. By Country

            14.4.1.1. Brazil

            14.4.1.2. Mexico

            14.4.1.3. Argentina

            14.4.1.4. Chile

            14.4.1.5. Peru

            14.4.1.6. Rest of Latin America

        14.4.2. By Country

        14.4.3. By Truck Type

        14.4.4. By Class

        14.4.5. By Autonomy Level

        14.4.6. By End Use Industry

        14.4.7. By Sensor

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Truck Type

        14.5.3. By Class

        14.5.4. By Autonomy Level

        14.5.5. By End Use Industry

        14.5.6. By Sensor

15. Europe Market Analysis 2018-2022 and Forecast 2023-2033

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018-2022

    15.4. Market Size (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2023 - 2033

        15.4.1. By Country

            15.4.1.1. Germany

            15.4.1.2. France

            15.4.1.3. Italy

            15.4.1.4. Spain

            15.4.1.5. U.K.

            15.4.1.6. BENELUX

            15.4.1.7. Rest of Europe

        15.4.2. By Country

        15.4.3. By Truck Type

        15.4.4. By Class

        15.4.5. By Autonomy Level

        15.4.6. By End Use Industry

        15.4.7. By Sensor

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Truck Type

        15.5.3. By Class

        15.5.4. By Autonomy Level

        15.5.5. By End Use Industry

        15.5.6. By Sensor

16. East Asia Market Analysis 2018-2022 and Forecast 2023-2033

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018-2022

    16.4. Market Size (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2023 - 2033

        16.4.1. By Country

            16.4.1.1. China

            16.4.1.2. Japan

            16.4.1.3. South Korea

        16.4.2. By Country

        16.4.3. By Truck Type

        16.4.4. By Class

        16.4.5. By Autonomy Level

        16.4.6. By End Use Industry

        16.4.7. By Sensor

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Truck Type

        16.5.3. By Class

        16.5.4. By Autonomy Level

        16.5.5. By End Use Industry

        16.5.6. By Sensor

17. South Asia Market Analysis 2018-2022 and Forecast 2023-2033

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018-2022

    17.4. Market Size (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2023 - 2033

        17.4.1. By Country

            17.4.1.1. India

            17.4.1.2. Thailand

            17.4.1.3. Indonesia

            17.4.1.4. Malaysia

            17.4.1.5. Rest of South Asia

        17.4.2. By Country

        17.4.3. By Truck Type

        17.4.4. By Class

        17.4.5. By Autonomy Level

        17.4.6. By End Use Industry

        17.4.7. By Sensor

    17.5. Market Attractiveness Analysis

        17.5.1. By Country

        17.5.2. By Truck Type

        17.5.3. By Class

        17.5.4. By Autonomy Level

        17.5.5. By End Use Industry

        17.5.6. By Sensor

18. Oceania Market Analysis 2018-2022 and Forecast 2023-2033

    18.1. Introduction

    18.2. Pricing Analysis

    18.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018-2022

    18.4. Market Size (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2023 - 2033

        18.4.1. By Country

            18.4.1.1. Australia

            18.4.1.2. New Zealand

        18.4.2. By Country

        18.4.3. By Truck Type

        18.4.4. By Class

        18.4.5. By Autonomy Level

        18.4.6. By End Use Industry

        18.4.7. By Sensor

    18.5. Market Attractiveness Analysis

        18.5.1. By Country

        18.5.2. By Truck Type

        18.5.3. By Class

        18.5.4. By Autonomy Level

        18.5.5. By End Use Industry

        18.5.6. By Sensor

19. Middle East and Africa Market Analysis 2018-2022 and Forecast 2023-2033

    19.1. Introduction

    19.2. Pricing Analysis

    19.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018-2022

    19.4. Market Size (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2023 - 2033

        19.4.1. By Country

            19.4.1.1. GCC Countries

            19.4.1.2. South Africa

            19.4.1.3. Turkey

            19.4.1.4. Iran

            19.4.1.5. Israel

            19.4.1.6. Rest of Middle East and Africa

        19.4.2. By Country

        19.4.3. By Truck Type

        19.4.4. By Class

        19.4.5. By Autonomy Level

        19.4.6. By End Use Industry

        19.4.7. By Sensor

    19.5. Market Attractiveness Analysis

        19.5.1. By Country

        19.5.2. By Truck Type

        19.5.3. By Class

        19.5.4. By Autonomy Level

        19.5.5. By End Use Industry

        19.5.6. By Sensor

20. Market Structure Analysis

    20.1. Market Analysis by Tier of Companies

    20.2. Market Concentration

    20.3. Market Share Analysis of Top Players

    20.4. Market Presence Analysis

        20.4.1. By Regional footprint of Players

        20.4.2. Truck Type footprint by Players

        20.4.3. Channel footprint by Players

21. Competition Analysis

    21.1. Competition Dashboard

    21.2. Competition Benchmarking

    21.3. Competition Deep Dive (Indicative List)

        21.3.1. Uber Technologies Inc.

            21.3.1.1. Overview

            21.3.1.2. Truck Type Portfolio

            21.3.1.3. Sales Footprint

            21.3.1.4. Strategy Overview

        21.3.2. Daimler AG

            21.3.2.1. Overview

            21.3.2.2. Truck Type Portfolio

            21.3.2.3. Sales Footprint

            21.3.2.4. Strategy Overview

        21.3.3. Ford Motor Co

            21.3.3.1. Overview

            21.3.3.2. Truck Type Portfolio

            21.3.3.3. Sales Footprint

            21.3.3.4. Strategy Overview

        21.3.4. AB Volvo

            21.3.4.1. Overview

            21.3.4.2. Truck Type Portfolio

            21.3.4.3. Sales Footprint

            21.3.4.4. Strategy Overview

        21.3.5. BMW AG

            21.3.5.1. Overview

            21.3.5.2. Truck Type Portfolio

            21.3.5.3. Sales Footprint

            21.3.5.4. Strategy Overview

        21.3.6. Tesla Inc.

            21.3.6.1. Overview

            21.3.6.2. Truck Type Portfolio

            21.3.6.3. Sales Footprint

            21.3.6.4. Strategy Overview

        21.3.7. Google Inc.

            21.3.7.1. Overview

            21.3.7.2. Truck Type Portfolio

            21.3.7.3. Sales Footprint

            21.3.7.4. Strategy Overview

        21.3.8. IVICO

            21.3.8.1. Overview

            21.3.8.2. Truck Type Portfolio

            21.3.8.3. Sales Footprint

            21.3.8.4. Strategy Overview

        21.3.9. DAF

            21.3.9.1. Overview

            21.3.9.2. Truck Type Portfolio

            21.3.9.3. Sales Footprint

            21.3.9.4. Strategy Overview

        21.3.10. Scania

            21.3.10.1. Overview

            21.3.10.2. Truck Type Portfolio

            21.3.10.3. Sales Footprint

            21.3.10.4. Strategy Overview

        21.3.11. Slazenger

            21.3.11.1. Overview

            21.3.11.2. Truck Type Portfolio

            21.3.11.3. Sales Footprint

            21.3.11.4. Strategy Overview

22. Appendix

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List Of Table

Table 01: Global Market Volume (Units) by Truck Type, 2018-2033

Table 02: Global Market Value (US$ Mn) by Truck Type, 2018-2033

Table 03: Global Market Volume (Units) By Class, 2018-2033

Table 04: Global Market Value (US$ Mn) By Class, 2018-2033

Table 05: Global Market Volume (Units) by Autonomy Level, 2018-2033

Table 06: Global Market Value (US$ Mn) by Autonomy Level, 2018-2033

Table 07: Global Market Volume (Units) by End Use Industry, 2018-2033

Table 08: Global Market Value (US$ Mn) by End Use Industry, 2018-2033

Table 09: Global Market Volume (Units) by Region , 2018-2033

Table 10: Global Market Value (US$ Mn) by Region , 2018-2033

Table 11: North America Market Volume (Units) by Truck Type, 2018-2033

Table 12: North America Market Value (US$ Mn) by Truck Type, 2018-2033

Table 13: North America Market Volume (Units) By Class, 2018-2033

Table 14: North America Market Value (US$ Mn) By Class, 2018-2033

Table 15: North America Market Volume (Units) by Autonomy Level, 2018-2033

Table 16: North America Market Value (US$ Mn) by Autonomy Level, 2018-2033

Table 17: North America Market Volume (Units) by End Use Industry, 2018-2033

Table 18: North America Market Value (US$ Mn) by End Use Industry, 2018-2033

Table 19: North America Market Volume (Units) by Country , 2018-2033

Table 20: North America Market Value (US$ Mn) by Country , 2018-2033

Table 21: Latin America Market Volume (Units) by Truck Type, 2018-2033

Table 22: Latin America Market Value (US$ Mn) by Truck Type, 2018-2033

Table 23: Latin America Market Volume (Units) By Class, 2018-2033

Table 24: Latin America Market Value (US$ Mn) By Class, 2018-2033

Table 25: Latin America Market Volume (Units) by Autonomy Level, 2018-2033

Table 26: Latin America Market Value (US$ Mn) by Autonomy Level, 2018-2033

Table 27: Latin America Market Volume (Units) by End Use Industry, 2018-2033

Table 28: Latin America Market Value (US$ Mn) by End Use Industry, 2018-2033

Table 29: Latin America Market Volume (Units) by Country , 2018-2033

Table 30: Latin America Market Value (US$ Mn) by Country , 2018-2033

Table 31: Europe Market Volume (Units) by Truck Type, 2018-2033

Table 32: Europe Market Value (US$ Mn) by Truck Type, 2018-2033

Table 33: Europe Market Volume (Units) By Class, 2018-2033

Table 34: Europe Market Value (US$ Mn) By Class, 2018-2033

Table 35: Europe Market Volume (Units) by Autonomy Level, 2018-2033

Table 36: Europe Market Value (US$ Mn) by Autonomy Level, 2018-2033

Table 37: Europe Market Volume (Units) by End Use Industry, 2018-2033

Table 38: Europe Market Value (US$ Mn) by End Use Industry, 2018-2033

Table 39: Europe Market Volume (Units) by Country , 2018-2033

Table 40: Europe Market Value (US$ Mn) by Country , 2018-2033

Table 41: East Asia Market Volume (Units) by Truck Type, 2018-2033

Table 42: East Asia Market Value (US$ Mn) by Truck Type, 2018-2033

Table 43: East Asia Market Volume (Units) By Class, 2018-2033

Table 44: East Asia Market Value (US$ Mn) By Class, 2018-2033

Table 45: East Asia Market Volume (Units) by Autonomy Level, 2018-2033

Table 46: East Asia Market Value (US$ Mn) by Autonomy Level, 2018-2033

Table 47: East Asia Market Volume (Units) by End Use Industry, 2018-2033

Table 48: East Asia Market Value (US$ Mn) by End Use Industry, 2018-2033

Table 49: East Asia Market Volume (Units) by Country , 2018-2033

Table 50: East Asia Market Value (US$ Mn) by Country , 2018-2033

Table 51: South Asia & Oceania Market Volume (Units) by Truck Type, 2018-2033

Table 52: South Asia & Oceania Market Value (US$ Mn) by Truck Type, 2018-2033

Table 53: South Asia & Oceania Market Volume (Units) By Class, 2018-2033

Table 54: South Asia & Oceania Market Value (US$ Mn) By Class, 2018-2033

Table 55: South Asia & Oceania Market Volume (Units) by Autonomy Level, 2018-2033

Table 56: South Asia & Oceania Market Value (US$ Mn) by Autonomy Level, 2018-2033

Table 57: South Asia & Oceania Market Volume (Units) by End Use Industry, 2018-2033

Table 58: South Asia & Oceania Market Value (US$ Mn) by End Use Industry, 2018-2033

Table 59: South Asia & Oceania Market Volume (Units) by Country , 2018-2033

Table 60: South Asia & Oceania Market Value (US$ Mn) by Country , 2018-2033

Table 61: MEA Market Volume (Units) by Truck Type, 2018-2033

Table 62: MEA Market Value (US$ Mn) by Truck Type, 2018-2033

Table 63: MEA Market Volume (Units) By Class, 2018-2033

Table 64: MEA Market Value (US$ Mn) By Class, 2018-2033

Table 65: MEA Market Volume (Units) by Autonomy Level, 2018-2033

Table 66: MEA Market Value (US$ Mn) by Autonomy Level, 2018-2033

Table 67: MEA Market Volume (Units) by End Use Industry, 2018-2033

Table 68: MEA Market Value (US$ Mn) by End Use Industry, 2018-2033

Table 69: MEA Market Volume (Units) by Country , 2018-2033

Table 70: MEA Market Value (US$ Mn) by Country , 2018-2033

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List Of Figures

Figure 01: Global Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023-2033

Figure 02: Global Market Share Analysis by Truck Type, 2023-2033

Figure 03: Global Market Y-o-Y Growth Projections by Truck Type, 2023-2033

Figure 04: Global Market Attractiveness Analysis by Truck Type, 2023-2033

Figure 05: Global Market Share Analysis By Class, 2023-2033

Figure 06: Global Market Y-o-Y Growth Projections By Class, 2023-2033

Figure 07: Global Market Attractiveness Analysis By Class, 2023-2033

Figure 08: Global Market Share Analysis by Autonomy Level, 2023-2033

Figure 09: Global Market Y-o-Y Growth Projections by Autonomy Level, 2023-2033

Figure 10: Global Market Attractiveness Analysis by Autonomy Level, 2023-2033

Figure 11: Global Market Share Analysis by End-Use, 2023-2033

Figure 12: Global Market Y-o-Y Growth Projections by End-Use, 2023-2033

Figure 13: Global Market Attractiveness Analysis by End-Use, 2023-2033

Figure 14: Global Market Share Analysis by Region, 2023-2033

Figure 15: Global Market Y-o-Y Growth Projections by Region, 2023-2033

Figure 16: Global Market Attractiveness Analysis by Region, 2023-2033

Figure 17: North America Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023-2033

Figure 18: North America Market Share Analysis by Truck Type, 2023-2033

Figure 19: North America Market Y-o-Y Growth Projections by Truck Type, 2023-2033

Figure 20: North America Market Attractiveness Analysis by Truck Type, 2023-2033

Figure 21: North America Market Share Analysis By Class, 2023-2033

Figure 22: North America Market Y-o-Y Growth Projections By Class, 2023-2033

Figure 23: North America Market Attractiveness Analysis By Class, 2023-2033

Figure 24: North America Market Share Analysis by Autonomy Level, 2023-2033

Figure 25: North America Market Y-o-Y Growth Projections by Autonomy Level, 2023-2033

Figure 26: North America Market Attractiveness Analysis by Autonomy Level, 2023-2033

Figure 27: North America Market Share Analysis by End-Use, 2023-2033

Figure 28: North America Market Y-o-Y Growth Projections by End-Use, 2023-2033

Figure 29: North America Market Attractiveness Analysis by End-Use, 2023-2033

Figure 30: North America Market Share Analysis by Country, 2023-2033

Figure 31: North America Market Y-o-Y Growth Projections by Country, 2023-2033

Figure 32: North America Market Attractiveness Analysis by Country, 2023-2033

Figure 33: Latin America Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023-2033

Figure 34: Latin America Market Share Analysis by Truck Type, 2023-2033

Figure 35: Latin America Market Y-o-Y Growth Projections by Truck Type, 2023-2033

Figure 36: Latin America Market Attractiveness Analysis by Truck Type, 2023-2033

Figure 37: Latin America Market Share Analysis By Class, 2023-2033

Figure 38: Latin America Market Y-o-Y Growth Projections By Class, 2023-2033

Figure 39: Latin America Market Attractiveness Analysis By Class, 2023-2033

Figure 40: Latin America Market Share Analysis by Autonomy Level, 2023-2033

Figure 41: Latin America Market Y-o-Y Growth Projections by Autonomy Level, 2023-2033

Figure 42: Latin America Market Attractiveness Analysis by Autonomy Level, 2023-2033

Figure 43: Latin America Market Share Analysis by End-Use, 2023-2033

Figure 44: Latin America Market Y-o-Y Growth Projections by End-Use, 2023-2033

Figure 45: Latin America Market Attractiveness Analysis by End-Use, 2023-2033

Figure 46: Latin America Market Share Analysis by Country, 2023-2033

Figure 47: Latin America Market Y-o-Y Growth Projections by Country, 2023-2033

Figure 48: Latin America Market Attractiveness Analysis by Country, 2023-2033

Figure 49: Europe Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023-2033

Figure 50: Europe Market Share Analysis by Truck Type, 2023-2033

Figure 51: Europe Market Y-o-Y Growth Projections by Truck Type, 2023-2033

Figure 52: Europe Market Attractiveness Analysis by Truck Type, 2023-2033

Figure 53: Europe Market Share Analysis By Class, 2023-2033

Figure 54: Europe Market Y-o-Y Growth Projections By Class, 2023-2033

Figure 55: Europe Market Attractiveness Analysis By Class, 2023-2033

Figure 56: Europe Market Share Analysis by Autonomy Level, 2023-2033

Figure 57: Europe Market Y-o-Y Growth Projections by Autonomy Level, 2023-2033

Figure 58: Europe Market Attractiveness Analysis by Autonomy Level, 2023-2033

Figure 59: Europe Market Share Analysis by End-Use, 2023-2033

Figure 60: Europe Market Y-o-Y Growth Projections by End-Use, 2023-2033

Figure 61: Europe Market Attractiveness Analysis by End-Use, 2023-2033

Figure 62: Europe Market Share Analysis by Country, 2023-2033

Figure 63: Europe Market Y-o-Y Growth Projections by Country, 2023-2033

Figure 64: Europe Market Attractiveness Analysis by Country, 2023-2033

Figure 65: East Asia Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023-2033

Figure 66: East Asia Market Share Analysis by Truck Type, 2023-2033

Figure 67: East Asia Market Y-o-Y Growth Projections by Truck Type, 2023-2033

Figure 68: East Asia Market Attractiveness Analysis by Truck Type, 2023-2033

Figure 69: East Asia Market Share Analysis By Class, 2023-2033

Figure 70: East Asia Market Y-o-Y Growth Projections By Class, 2023-2033

Figure 71: East Asia Market Attractiveness Analysis By Class, 2023-2033

Figure 72: East Asia Market Share Analysis by Autonomy Level, 2023-2033

Figure 73: East Asia Market Y-o-Y Growth Projections by Autonomy Level, 2023-2033

Figure 74: East Asia Market Attractiveness Analysis by Autonomy Level, 2023-2033

Figure 75: East Asia Market Share Analysis by End-Use, 2023-2033

Figure 76: East Asia Market Y-o-Y Growth Projections by End-Use, 2023-2033

Figure 77: East Asia Market Attractiveness Analysis by End-Use, 2023-2033

Figure 78: East Asia Market Share Analysis by Country, 2023-2033

Figure 79: East Asia Market Y-o-Y Growth Projections by Country, 2023-2033

Figure 80: East Asia Market Attractiveness Analysis by Country, 2023-2033

Figure 81: South Asia & Oceania Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023-2033

Figure 82: South Asia & Oceania Market Share Analysis by Truck Type, 2023-2033

Figure 83: South Asia & Oceania Market Y-o-Y Growth Projections by Truck Type, 2023-2033

Figure 84: South Asia & Oceania Market Attractiveness Analysis by Truck Type, 2023-2033

Figure 85: South Asia & Oceania Market Share Analysis By Class, 2023-2033

Figure 86: South Asia & Oceania Market Y-o-Y Growth Projections By Class, 2023-2033

Figure 87: South Asia & Oceania Market Attractiveness Analysis By Class, 2023-2033

Figure 88: South Asia & Oceania Market Share Analysis by Autonomy Level, 2023-2033

Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Autonomy Level, 2023-2033

Figure 90: South Asia & Oceania Market Attractiveness Analysis by Autonomy Level, 2023-2033

Figure 91: South Asia & Oceania Market Share Analysis by End-Use, 2023-2033

Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by End-Use, 2023-2033

Figure 93: South Asia & Oceania Market Attractiveness Analysis by End-Use, 2023-2033

Figure 94: South Asia & Oceania Market Share Analysis by Country, 2023-2033

Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by Country, 2023-2033

Figure 96: South Asia & Oceania Market Attractiveness Analysis by Country, 2023-2033

Figure 97: MEA Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023-2033

Figure 98: MEA Market Share Analysis by Truck Type, 2023-2033

Figure 99: MEA Market Y-o-Y Growth Projections by Truck Type, 2023-2033

Figure 100: MEA Market Attractiveness Analysis by Truck Type, 2023-2033

Figure 101: MEA Market Share Analysis By Class, 2023-2033

Figure 102: MEA Market Y-o-Y Growth Projections By Class, 2023-2033

Figure 103: MEA Market Attractiveness Analysis By Class, 2023-2033

Figure 104: MEA Market Share Analysis by Autonomy Level, 2023-2033

Figure 105: MEA Market Y-o-Y Growth Projections by Autonomy Level, 2023-2033

Figure 106: MEA Market Attractiveness Analysis by Autonomy Level, 2023-2033

Figure 107: MEA Market Share Analysis by End-Use, 2023-2033

Figure 108: MEA Market Y-o-Y Growth Projections by End-Use, 2023-2033

Figure 109: MEA Market Attractiveness Analysis by End-Use, 2023-2033

Figure 110: MEA Market Share Analysis by Country, 2023-2033

Figure 111: MEA Market Y-o-Y Growth Projections by Country, 2023-2033

Figure 112: MEA Market Attractiveness Analysis by Country, 2023-2033

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- 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

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