Gen Consulting Company predicts the global autonomous trucks market will grow from USD 1,989 million in 2021 to USD 4,856 million by 2028, achieving a compound annual growth rate (CAGR) of 13.6 percent.

This industry report offers market estimates of the global market, followed by a detailed analysis of the component, level of autonomy, propulsion, truck type, end user, and region. The global market data on autonomous trucks can be segmented by component: software, hardware. The software segment held the largest share of the global autonomous trucks market in 2021 and is anticipated to hold its share during the forecast period. Autonomous trucks market is further segmented by level of autonomy: semi-autonomous trucks, fully autonomous trucks. Globally, the semi-autonomous trucks segment made up the largest share of the autonomous trucks market. Based on propulsion, the autonomous trucks market is segmented into: electric, hybrid, internal combustion engine (ICE). The ICE segment was the largest contributor to the global autonomous trucks market in 2021. On the basis of truck type, the autonomous trucks market also can be divided into: light-duty truck, medium-duty truck, heavy-duty truck. The light-duty truck segment is estimated to account for the largest share of the global autonomous trucks market. Autonomous trucks market by end user is categorized into: logistics, manufacturing, construction, others. The autonomous trucks market by region can be segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).

Key companies profiled in the report include AB Volvo, Daimler AG, Paccar Inc., Traton SE, TuSimple Inc., Waymo LLC.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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