Autonomous Trucks: Global Markets
Report Highlights
The global market for autonomous trucks is expected to grow from $3.3 billion in 2023 to over $6.9 billion by the end of 2028, at a compound annual growth rate (CAGR) of 16.2% during the forecast period of 2023-2028.
Report Includes
- 40 data tables and 36 additional tables
- An overview of the global market for autonomous trucks
- Analysis of global market trends, featuring historical revenue data for 2022, estimated figures for 2023, as well as forecasts for 2024, 2026 and 2028, including projections for compound annual growth rates (CAGRs) through 2028
- Evaluation of the current market size and revenue growth prospects, accompanied by a market share analysis by component, autonomy, propulsion type, truck type, end use and geographical region
- Coverage of evolving technologies such as automated braking systems, emergency lane assists systems, connectivity systems and navigation systems, and a discussion of their impact on the future of the automobile industry
- Analysis of the current and future market potential and the regulatory framework and reimbursement scenarios
- Review of patents, product pipelines, ESG trends and emerging technologies related to autonomous trucks
- Market share analysis of the key companies and coverage of mergers & acquisitions, joint ventures, collaborations and partnerships, as well as a patent analysis
- Profiles of leading market participants
Report Scope
This report provides an overview of the global market for autonomous trucks and analyses market trends. Using 2022 as the base year, the report provides estimated market data for the forecast period 2023 through 2028. Revenue forecasts for this period are segmented based on component, autonomy, propulsion type, truck type, end use, and region.
The report also focuses on the major trends and challenges that affect the market and the competitive landscape. It explains the current market trends and provides detailed profiles of the major players and their strategies to enhance their market presence. The report estimates the size of the global autonomous trucks market in 2023 and provides projections of the expected market size through 2028.
Frequently Asked Questions (FAQs)
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Consulting Editor’s Credentials
Jason Chen has been an analyst and consultant for the polymer, composite, fibre, textile and energy industries for 19 years. He works as a researcher, writer and/or editor for the American Composites Manufacturers Association (ACMA), China Textile Academy (CTA), China Chemical Fiber Association (CCFA), International Fiber Journal, Filtration News, Platts Emission Daily, Vision Systems Design, Pesticide and Toxic Chemical News and MobileTex. He has a degree in Civil Engineering, Chemicals and Advanced Materials from Shantou University.
Report Synopsis
| Report Metrics | Details |
| Base year considered | 2022 |
| Forecast period considered | 2023-2028 |
| Base year market size | $2.9 billion |
| Market size forecast | $6.9 billion |
| Growth rate | CAGR of 16.2% from 2023 to 2028 |
| Units considered | $ Millions |
| Segments covered | By Component, Autonomy, Propulsion Type, Truck Type, End Use, and Region |
| Regions covered | North America, Europe, Asia-Pacific, and the Rest of the World (RoW) |
| Countries covered | U.S., Canada, Mexico, U.K., Germany, China, India, and Japan |
| Key Market Drivers |
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| Companies studied |
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Report Highlights
The global market for autonomous trucks should grow from $2.0 billion in 2021 to $4.3 billion by 2026, at compound annual growth rate (CAGR) of 16.0% for the period of 2021-2026.
Report Includes
- 43 data table and 25 additional tables
- An overview of the global markets for autonomous trucks
- Estimation of the market size and analyses of market trends, with data from 2020, estimates for 2021 to 2025, and projection of CAGR through 2026
- Quantification of autonomous trucks market based on truck type, level of autonomy, propulsion type, component, end user, and region, and analysis of market drivers, restraints and other forces impacting the global market
- Coverage of evolving technologies and new technologically advanced systems such as automated braking systems, emergency lane assists systems, connectivity systems, and navigation systems, and discussion on their impact on the future of automobile industry
- Highlights of the current and future market potential and a detailed analysis of the regulatory framework and reimbursement scenarios
- Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies and a relevant patent analysis
- Company profiles of major players including AB Volvo, Daimler AG, Ford Motor, Kenworth Truck, Mercedes-Benz AG, Scania AB, and Tesla Inc.