Market Forecast by Countries (United States, Canada), By Level of Autonomy (Level 1, Level 2, Level 3, Level 4), By Sensor Type (Ultrasonic, Radar, Camera, LiDAR), By Propulsion (Diesel, Electric, Others), By Truck Type (Light Duty Truck, Medium Duty Truck, Heavy Duty Truck) And Competitive Landscape
Product Code: ETC182349 | Publication Date: May 2021 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 | |
Report Name | North America Autonomous Trucks Market |
Forecast Period | 2025-2031 |
Market Size | USD 65.4 billion by 2031 |
CAGR | 7.23% |
Growing Sector | Mining and Construction |
North America Autonomous Trucks Market report thoroughly covers the market By Countries, By Level of Autonomy, By Sensor Type, By Propulsion, and By Truck Type. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The North American autonomous truck market is projected to grow to $65.4 billion by 2031, with a compound annual growth rate (CAGR) of 7.23% during the forecast period of 2025-2031. This growth is attributed to the increasing demand for trucks and buses with safety and intelligent features
North America Autonomous Trucks Market is gradually emerging as a pivotal area for growth within the global autonomous vehicle landscape. The market is driven by an increasing focus on reducing road accidents, improving fuel efficiency, and addressing the significant shortage of skilled truck drivers. With countries like South North America leading the way in technological adoption, the continent is witnessing the early adoption of semi-autonomous and autonomous trucks, particularly in the mining and logistics sectors.
According to 6Wresearch, the North America Autonomous Trucks Market size is projected to reach a CAGR of 7.23% during the forecast period of 2025-2031. The market is propelled by technological advancements, increasing focus on safety, and the need to reduce transportation costs. Major trends shaping the North America Autonomous Trucks Market Growth include the integration of AI and machine learning for improved navigation and decision-making, as well as partnerships between tech firms and traditional truck manufacturers to accelerate development. However, the market faces restraints such as regulatory challenges and concerns related to cybersecurity and job displacement due to automation. Despite these challenges, the market is buoyed by emerging opportunities, notably the demand for efficient logistics in the wake of e-commerce growth and initiatives to reduce carbon emissions, positioning the continent at the cusp of a significant transportation revolution.
The North America autonomous trucks market is driven by innovations such as platooning, which involves a convoy of trucks linked through connectivity and AI technology to reduce the overall fuel consumption. Another notable trend is the emergence of teleoperations, allowing remote operators to take control of vehicles in specific situations. Additionally, advancements in sensor technology and the integration of sensors with software systems are enabling enhanced vehicle performance.
The North America autonomous trucks market offers lucrative investment opportunities for stakeholders, with potential growth in various sectors such as mining and construction. As the demand for reliable and efficient transportation continues to rise, there is a need for significant investments in infrastructure and technology development to support the smooth adoption of autonomous trucks.
In the evolving landscape of the market, governments across the continent have introduced several policies and schemes aimed at fostering innovation while ensuring safety and regulatory compliance. These initiatives include offering tax incentives for companies investing in autonomous vehicle technology, establishing public-private partnerships for the development of infrastructure that supports autonomous trucks, and implementing stringent safety regulations to govern the testing and deployment of these vehicles. Additionally, some countries have launched pilot programs in select cities to assess the practicality and impact of autonomous trucks on urban traffic patterns and logistics operations.
Key players dominating the North America Autonomous Trucks Market Share include both global giants and emerging local startups. Companies like Volvo, Tesla, and Waymo are exploring opportunities, leveraging their expertise in autonomy and AI.
The future of the North America autonomous trucks industry looks promising, with significant potential for growth and innovation. Technological advancements and increasing investment in transportation infrastructure are expected to drive the adoption of autonomous trucks across the continent. Additionally, the development of smart cities and the focus on reducing carbon emissions will likely foster the integration of electric autonomous trucks into logistics and distribution networks. However, challenges such as regulatory hurdles, cybersecurity concerns, and the need for skilled labor to manage and maintain autonomous systems remain.
The report offers a comprehensive study of the subsequent market segments and their leading categories
The US leads the adoption of autonomous trucks in North America with major players like Volvo and Komatsu operating in the country. The demand for autonomous trucks is growing prominently in the US.
Level 2 autonomy dominates the market in North America. This level of autonomy includes features such as adaptive cruise control and lane-keeping assistance, allowing the truck to partly self-drive while still requiring some human supervision.
According to Dhaval, Research Manager, 6Wresearch, the LiDAR segment is experiencing the highest growth in the autonomous trucks market in North America owing to LiDAR's unparalleled accuracy in 3D mapping and object detection.
Electric autonomous trucks are expected to witness significant growth in the coming years due to their lower operating costs, higher efficiency, and environmental sustainability.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Autonomous Trucks Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Autonomous Trucks Market Revenues & Volume, 2021 & 2031F |
3.3 North America Autonomous Trucks Market - Industry Life Cycle |
3.4 North America Autonomous Trucks Market - Porter's Five Forces |
3.5 North America Autonomous Trucks Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Autonomous Trucks Market Revenues & Volume Share, By Level of Autonomy, 2021 & 2031F |
3.7 North America Autonomous Trucks Market Revenues & Volume Share, By Sensor Type, 2021 & 2031F |
3.8 North America Autonomous Trucks Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.9 North America Autonomous Trucks Market Revenues & Volume Share, By Truck Type, 2021 & 2031F |
4 North America Autonomous Trucks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Autonomous Trucks Market Trends |
6 North America Autonomous Trucks Market, 2021 - 2031 |
6.1 North America Autonomous Trucks Market, Revenues & Volume, By Level of Autonomy, 2021 - 2031 |
6.2 North America Autonomous Trucks Market, Revenues & Volume, By Sensor Type, 2021 - 2031 |
6.3 North America Autonomous Trucks Market, Revenues & Volume, By Propulsion, 2021 - 2031 |
6.4 North America Autonomous Trucks Market, Revenues & Volume, By Truck Type, 2021 - 2031 |
7 United States Autonomous Trucks Market, 2021 - 2031 |
7.1 United States Autonomous Trucks Market, Revenues & Volume, By Level of Autonomy, 2021 - 2031 |
7.2 United States Autonomous Trucks Market, Revenues & Volume, By Sensor Type, 2021 - 2031 |
7.3 United States Autonomous Trucks Market, Revenues & Volume, By Propulsion, 2021 - 2031 |
7.4 United States Autonomous Trucks Market, Revenues & Volume, By Truck Type, 2021 - 2031 |
8 Canada Autonomous Trucks Market, 2021 - 2031 |
8.1 Canada Autonomous Trucks Market, Revenues & Volume, By Level of Autonomy, 2021 - 2031 |
8.2 Canada Autonomous Trucks Market, Revenues & Volume, By Sensor Type, 2021 - 2031 |
8.3 Canada Autonomous Trucks Market, Revenues & Volume, By Propulsion, 2021 - 2031 |
8.4 Canada Autonomous Trucks Market, Revenues & Volume, By Truck Type, 2021 - 2031 |
9 North America Autonomous Trucks Market Key Performance Indicators |
10 North America Autonomous Trucks Market - Opportunity Assessment |
10.1 North America Autonomous Trucks Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Autonomous Trucks Market Opportunity Assessment, By Level of Autonomy, 2021 & 2031F |
10.3 North America Autonomous Trucks Market Opportunity Assessment, By Sensor Type, 2021 & 2031F |
10.4 North America Autonomous Trucks Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
10.5 North America Autonomous Trucks Market Opportunity Assessment, By Truck Type, 2021 & 2031F |
11 North America Autonomous Trucks Market - Competitive Landscape |
11.1 North America Autonomous Trucks Market Revenue Share, By Companies, 2021 |
11.2 North America Autonomous Trucks Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |