How Big is the Trucking Market | Industry Trends & Forecast 2025

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Code: MTA9443

Publication Date: Sep 2025

How Big is the Trucking Market?

According to 6Wresearch internal database and industry insights, the Trucking Market was estimated at USD 1.2 trillion in 2024 and is projected to reach USD 1.8 trillion by 2031, expanding at a CAGR of 5.6% during the forecast period 2025-2031.

There are numbers of factors which are contributing in the expansion of the market include the growing need for last-mile delivery services and freight transportation is driving the market and growing e-commerce and the demand for prompt, effective cross-regional delivery of goods.

Key Growth Drivers of the Trucking Market

Growing demand for fast and reliable freight transportation in industries like e-commerce, retail, and manufacturing.
Growing use of technology for fleet management and route optimization.
Expansion in cross-border trade and logistics networks.
Increasing demand for refrigerated and temperature-sensitive trucking solutions.
Rising investments in electric trucks and autonomous vehicle technology.

Trucking Market Trends

The Trucking Market is growing with significant trends such as the rise in electric and hydrogen-powered trucks to meet sustainability standards. Data analytics and telematics are used together more to improve fleet management, reduce fuel consumption, and increase delivery efficiency.

The trend toward last-mile delivery solutions is growing stronger due to e-commerce businesses require faster and more localized delivery options. The use of autonomous trucking technologies is expanding as companies test and deploy self-driving trucks for freight transportation.

Emerging Developments in the Trucking Market

Emerging developments in the Trucking Market include electric, hydrogen, and autonomous trucking technologies. Companies are focusing on utilizing electric trucks in order to cut emissions, conserve fuel, and adhere to environmental standards. More money is being allocated to the development of autonomous trucks in an effort to boost safety, lower operating costs, and increase transportation efficiency.

Furthermore, the way trucking companies function is changing due to developments in AI-powered route planning, real-time tracking, and predictive maintenance technologies. Additionally, the market is being shaped by the growing need for refrigerated trucks to transport perishable goods.