Summary

The autonomous trucks market is projected to expand from USD 50.82 billion in 2026 to 158.69 billion by 2035, at a CAGR of 13.5%. The market is gaining momentum as rising demand for electric and autonomous vehicles accelerates investment in next-generation freight transportation. In October 2025, Aurora Innovation expanded its commercial driverless trucking service from Fort Worth to El Paso in Texas, US, extending autonomous freight operations along one of the country's major transportation routes. Growing integration of autonomous technology into OEM truck platforms, combined with increasing focus on sustainable and efficient logistics, is encouraging fleet operators to adopt autonomous trucking solutions. Supportive regulatory developments and advancements in autonomous driving systems are further strengthening market growth, positioning autonomous trucks as a key component of the future transportation ecosystem.

By propulsion type, the diesel segment is expected to experience notable growth opportunities during the forecast period.
Diesel is expected to remain the leading propulsion type in the autonomous trucks market due to the increasing investments in production-ready autonomous vehicles, expansion of commercial freight pilots, and the integration of advanced sensing and automated driving technologies into diesel-powered truck fleets. In May 2026, Daimler Truck AG (Germany) and Torc Robotics (US) selected Innoviz Technologies (Israel) as the LiDAR supplier for the series production of the Level 4 autonomous Freightliner Cascadia, supporting its planned commercial launch in 2027. The continued focus on diesel platforms reflects transit operators' preference for deploying autonomous technologies on proven bus architectures that can be integrated into existing public transportation networks with limited capital investment. In June 2026, Karsan completed autonomous operational trials of its Level 4 Autonomous e ATAK at Istanbul Airport, demonstrating the growing maturity of autonomous bus technologies in controlled commercial environments.

By vehicle class, the Class 7–8 segment will exhibit the highest growth rate in the autonomous trucks market during the forecast period.
In the Class 7–8 segment, trucks with GVWR ranging between 26,000 and 33,000 lbs and more than or equal to 33,001 lbs are considered, respectively. Growth is being driven by the increasing adoption of autonomous technology across medium and heavy-duty freight applications. In Class 7, commercial deployments are expanding as logistics providers automate middle-mile operations. In September 2025, Gatik (US) and Loblaw Companies Limited (Canada) expanded their autonomous trucking partnership in Canada to scale driverless freight operations. The development of technologies supporting multiple automation levels is accelerating adoption across Class 7 and Class 8 vehicles. For example, in January 2026, Hesai Technology (China) introduced its Infinity Eye LiDAR solution designed for Level 2, Level 3, and Level 4 autonomous driving systems, supporting enhanced perception capabilities for commercial vehicle applications. These developments highlight the growing adoption of both semi-autonomous and autonomous technologies across medium and heavy-duty truck segments.

China is expected to witness substantial growth in the Asia Pacific autonomous trucks market.
China is expected to show substantial growth in the Asia Pacific autonomous trucks market, supported by strong domestic capabilities in autonomous driving technology, commercial vehicle manufacturing, and intelligent transportation systems. The country continues to advance the deployment of automated driving solutions across both freight and passenger transportation applications. For example, in November 2025, Pony.ai (China) introduced its Gen 4 autonomous truck platform in collaboration with SANY Truck (China) and Dongfeng Liuzhou Motor (China), supporting the commercialization of autonomous freight transportation through a scalable truck platform. In addition, in August 2025, WeRide (China) and Shenzhen Bus Group launched Shenzhen's first fully driverless commercial bus route, demonstrating the growing adoption of autonomous driving technologies in public transportation. These developments highlight China's progress in deploying autonomous solutions across multiple commercial vehicle applications and reflect the country's increasing focus on large-scale commercialization of autonomous mobility technologies.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
・By Company Type: OEMs – 32%, Tier 1 – 40% and Tier 2 & 3 – 28%,
・By Designation: CXOs – 31%, Managers –45%, and Executives –24%
・By Region: North America – 26%, Europe – 30%, Asia Pacific – 35%, and Rest of the World¬-9%
The autonomous trucks market is dominated by major players such as AB Volvo (Sweden), Daimler Truck AG (Germany), MAN Truck and Bus SE (Germany), Iveco S.p.A. (Italy), and PACCAR Inc. (US), among others. These companies have strong product portfolios as well as strong distribution networks at the global level.
Research Coverage:
This research report categorizes the autonomous trucks market by vehicle type (Trucks), vehicle class (Class 1–3, Class 4–6, Class 7–8), ADAS feature (Adaptive Cruise Control (ACC), Automatic Emergency Braking (AEB), Blind Spot Detection (BSD), Lane Keep Assist (LKA), Intelligent Park Assist (IPA), Traffic Jam Assist (TJA), Highway Pilot (HP)), propulsion type (Diesel, Electric, Hybrid), application (Last-mile Delivery Trucks, Mining Trucks, Shuttles, Intercity/Intracity Trucks), sensor type (Camera, LiDAR, Radar, Ultrasonic), level of autonomy (L1, L2 & L3, L4, and L5), and region (Asia Pacific, Europe, North America, and Rest of the World). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the autonomous trucks market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; contracts, partnerships, agreements, product & service launches, mergers & acquisitions, and other developments. This report also covers the competitive analysis of upcoming startups in the autonomous trucks market ecosystem.

Reasons to Buy this Report:
・The report will help the market leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall autonomous truck market and its subsegments.
・This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies.
・The report will also help stakeholders understand the market pulse and provide information on key market drivers, restraints, challenges, and opportunities.
・The report will help stakeholders understand the current and future pricing trends of different autonomous trucks based on their capacity.
The report provides insights on the following pointers:
Analysis of key drivers (Increasing emphasis on road safety and traffic control, Growing need to address driver shortage, Rising adoption of autonomous technology, and Favorable government regulations and safety standards), restraints (Cybersecurity and data security concerns, Limited public reception, and Lack of infrastructure in developing countries), challenges (High cost of development and integration, and Regulatory hurdles), and opportunities (Integration of 5G technology for vehicle connectivity, Growing utilization of advanced technologies, Surge in demand for truck platooning, and Rising focus on automotive IoT).
・Product Development/Innovation: Detailed insights into upcoming technologies, research & development activities, and new product & service launches in the autonomous trucks market.
・Market Development: Comprehensive information about lucrative markets (the report analyses the autonomous trucks market across varied regions).
・Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the autonomous trucks market.
・Competitive Assessment: In-depth assessment of market ranking, growth strategies, and service offerings of leading OEMs like AB Volvo (Sweden), Daimler Truck AG (Germany), MAN Truck and Bus SE (Germany), Iveco S.p.A. (Italy), PACCAR Inc. (US), and other players, including Yutong Bus Co. (China), Xiamen King Long United Automotive Industry Co. Ltd. (China), Einride (Sweden), WeRide (China), and Isuzu Motors (Japan), among others, in the autonomous trucks market.

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Table of Contents

1 INTRODUCTION 33
1.1 STUDY OBJECTIVES 33
1.2 MARKET DEFINITION 34
1.3 STUDY SCOPE 39
1.3.1 MARKET SEGMENTATION 39
1.3.2 YEARS CONSIDERED 40
1.4 INCLUSIONS AND EXCLUSIONS 40
1.5 CURRENCY CONSIDERED 41
1.6 UNIT CONSIDERED 42
1.7 STAKEHOLDERS 42
1.8 SUMMARY OF CHANGES 42
2 EXECUTIVE SUMMARY 44
2.1 KEY INSIGHTS AND MARKET HIGHLIGHTS 44
2.2 KEY MARKET PARTICIPANTS: INSIGHTS AND STRATEGIC DEVELOPMENTS 46
2.3 DISRUPTIVE TRENDS SHAPING AUTONOMOUS TRUCKS MARKET 47
2.4 HIGH-GROWTH SEGMENTS & EMERGING FRONTIERS 48
2.5 SNAPSHOT: GLOBAL MARKET SIZE, GROWTH RATE, AND FORECAST 49
3 PREMIUM INSIGHTS 50
3.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AUTONOMOUS TRUCKS MARKET 50
3.2 AUTONOMOUS TRUCKS MARKET, BY REGION 51
3.3 AUTONOMOUS TRUCKS MARKET, BY PROPULSION TYPE 51
3.4 AUTONOMOUS TRUCKS MARKET, BY VEHICLE TYPE 52
3.5 AUTONOMOUS TRUCKS MARKET, BY LEVEL OF AUTONOMY 52
3.6 AUTONOMOUS TRUCKS MARKET, BY SENSOR TYPE 53
3.7 AUTONOMOUS TRUCKS MARKET, BY APPLICATION 53
3.8 AUTONOMOUS TRUCKS MARKET, BY VEHICLE CLASS 54
4 MARKET OVERVIEW 55
4.1 MARKET DYNAMICS 55
4.1.1 DRIVERS 56
4.1.1.1 Increasing emphasis on hub-to-hub autonomous freight corridors 56
4.1.1.2 Increasing OEM focus on autonomous-ready commercial vehicle platforms 57
4.1.1.3 Logistics operators prioritizing asset utilization and cost per mile optimization 57
4.1.2 RESTRAINTS 59
4.1.2.1 High cost of autonomous vehicle hardware architectures 59
4.1.2.2 Rising cybersecurity risks in connected commercial vehicles 60
4.1.3 OPPORTUNITIES 60
4.1.3.1 Growth of Autonomous Mobility as a Service business models 60
4.1.3.2 Growing adoption of 5G and edge computing technologies 61
4.1.4 CHALLENGES 62
4.1.4.1 Limitations in AI perception and sensor fusion 62
4.1.4.2 Continuous software validation and lifecycle management 63
4.2 EU–INDIA TRADE DEAL IMPACT ANALYSIS 64
4.2.1 EU TARIFFS 64
4.2.2 IMPORT TO INDIA 65
4.2.3 EXPORT FROM INDIA 67
4.3 IMPACT OF 2026 IRAN CONFLICT ON AUTONOMOUS TRUCKS MARKET 68
4.3.1 RAW MATERIAL AND COMPONENT PRICE VOLATILITY 68
4.3.2 SUPPLY CHAIN AND LOGISTICS DISRUPTIONS 68
4.3.3 PRODUCT DEVELOPMENT AND COMMERCIAL DEPLOYMENT DELAYS 68
4.3.4 REGIONAL EFFECTS 69
5 INDUSTRY TRENDS 70
5.1 MACROECONOMIC INDICATORS 70
5.1.1 INTRODUCTION 70
5.1.2 GDP TRENDS AND FORECAST 70
5.1.3 TRENDS IN GLOBAL AUTONOMOUS TRUCKS MARKET 71
5.2 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 72
5.3 PRICING ANALYSIS 73
5.3.1 AVERAGE SELLING PRICE BY KEY PLAYERS/MANUFACTURERS 73
5.3.1.1 Average selling price for autonomous buses by key players/manufacturers 73
5.3.1.2 Average selling price for autonomous trucks by key players/manufacturers 74
5.3.2 AVERAGE SELLING PRICE, BY SENSOR TYPE 74
5.3.3 AVERAGE SELLING PRICE FOR VEHICLE TYPE, BY REGION 75
5.4 ECOSYSTEM ANALYSIS 77
5.5 VALUE CHAIN ANALYSIS 79
5.6 CASE STUDY ANALYSIS 81
5.6.1 APPLIED INTUITION ENABLED ISUZU TO ACCELERATE AUTONOMOUS TRUCK DEVELOPMENT THROUGH SIMULATION AND SOFTWARE VALIDATION 81
5.6.2 EINRIDE ESTABLISHED INDEPENDENT SAFETY ASSESSMENT FRAMEWORK FOR AUTONOMOUS TRUCK OPERATIONS 82
5.6.3 OUSTER'S DIGITAL LIDAR ENABLED OUTRIDER TO IMPROVE AUTONOMOUS YARD TRUCK OPERATIONS 82
5.6.4 AVENUE PROJECT DEMONSTRATED FEASIBILITY OF SHARED AUTONOMOUS ELECTRIC SHUTTLES FOR URBAN MOBILITY 83
5.6.5 FUSION PROCESSING DEPLOYED CAVSTAR AUTONOMOUS DRIVE SYSTEM TO ENABLE LEVEL 4 AUTONOMOUS PUBLIC TRANSPORT 83
5.6.6 FERNRIDE ENABLED DB SCHENKER TO IMPROVE YARD LOGISTICS THROUGH TELEOPERATED AUTONOMOUS VEHICLE OPERATIONS 84
5.6.7 FOLEY ENABLED TORC ROBOTICS TO STREAMLINE COMPLIANCE MANAGEMENT FOR LEVEL 4 AUTONOMOUS TRUCK DEVELOPMENT 84
5.7 INVESTMENT AND FUNDING SCENARIO 85
5.8 KEY CONFERENCES AND EVENTS 89
5.9 TRADE DATA 90
5.9.1 IMPORT DATA (HS CODE 8708) 90
5.9.2 EXPORT DATA (HS CODE 8708) 91
5.10 SOFTWARE-DEFINED TRUCK ROADMAP, 2025 - 2030 92
5.10.1 LEVEL OF SOFTWARE STANDARDIZATION 92
5.10.2 HARDWARE/EE ARCHITECTURE EVOLUTION 93
5.11 OEM AUTONOMY STRATEGY MATRIX 94
5.11.1 DAIMLER TRUCK 94
5.11.2 VOLVO GROUP 94
5.11.3 MAN TRUCK & BUS 95
5.11.4 SCANIA GROUP 95
5.11.5 INTERNATIONAL MOTORS 95
5.11.6 PACCAR 95
5.11.7 IVECO 95
5.11.8 ISUZU MOTORS 95
5.12 AUTONOMOUS FREIGHT CORRIDOR ANALYSIS 96
5.12.1 HUB TO HUB ROUTES 96
5.12.2 MINING CORRIDORS 97
5.12.3 PORT TO WAREHOUSE LOGISTICS 97
6 TECHNOLOGICAL ADVANCEMENTS, PATENTS, AND IMPACT OF AI 98
6.1 PATENT ANALYSIS 98
6.2 TOTAL COST OF OWNERSHIP 101
6.3 BILL OF MATERIALS ANALYSIS 103
6.3.1 BILL OF MATERIALS ANALYSIS FOR AUTONOMOUS BUSES 103
6.3.1.1 Chassis & Structural Body 104
6.3.1.2 Powertrain (Engine, eAxle, Transmission, Differential) 104
6.3.1.3 Battery Pack, Fuel System & Energy Storage 104
6.3.1.4 Autonomous Sensors (LiDAR, Radar, Cameras, Ultrasonic) 104
6.3.1.5 AI Compute & Domain Controllers 104
6.3.1.6 Drive by Wire Systems 105
6.3.1.7 Suspension & Axles 105
6.3.1.8 Wheels, Tires & Braking Systems 105
6.3.1.9 Thermal Management 105
6.3.1.10 Vehicle Electrical Architecture 105
6.3.1.11 Connectivity & V2X Hardware 105
6.3.1.12 Software, Middleware & Cybersecurity 105
6.3.1.13 Interior, Passenger Information & Accessibility Systems 105
6.3.1.14 HVAC & Auxiliary Systems 105
6.3.1.15 Assembly, Calibration & Validation 105
6.3.2 BILL OF MATERIALS ANALYSIS FOR AUTONOMOUS TRUCKS 106
6.3.2.1 Chassis & Structural Frame 107
6.3.2.2 Powertrain (Engine, eAxle, Transmission, Differential) 107
6.3.2.3 Battery Pack, Fuel System & Energy Storage 107
6.3.2.4 Autonomous Sensors (LiDAR, Radar, Cameras, Ultrasonic) 107
6.3.2.5 AI Compute & Domain Controllers 107
6.3.2.6 Drive by Wire Systems 107
6.3.2.7 Suspension & Axles 107
6.3.2.8 Wheels, Tires & Braking Systems 107
6.3.2.9 Thermal Management 107
6.3.2.10 Vehicle Electrical Architecture 107
6.3.2.11 Connectivity & V2X Hardware 108
6.3.2.12 Software, Middleware & Cybersecurity 108
6.3.2.13 Cabin, HMI and Driver Monitoring 108
6.3.2.14 Assembly, Calibration & Validation 108
6.4 TECHNOLOGY ANALYSIS 108
6.4.1 INTRODUCTION 108
6.4.2 KEY TECHNOLOGIES 109
6.4.2.1 Artificial intelligence 109
6.4.2.2 Sensor fusion 109
6.4.3 COMPLEMENTARY TECHNOLOGIES 110
6.4.3.1 Vehicle-to-everything (V2X) 110
6.4.3.2 Advanced fleet telematics 110
6.4.4 ADJACENT TECHNOLOGIES 111
6.4.4.1 HD maps & localization 111
6.4.4.2 Cloud computing 112
6.4.4.3 Digital twin technology 112
6.5 IMPACT OF AI ON AUTONOMOUS TRUCKS MARKET 113
7 REGULATORY LANDSCAPE 115
7.1 REGULATORY LANDSCAPE 115
7.1.1 REGULATIONS AND INITIATIVES PERTAINING AUTONOMOUS TRUCKS,
BY KEY COUNTRY 115
7.1.1.1 US 115
7.1.1.2 Canada 116
7.1.1.3 China 116
7.1.1.4 India 116
7.1.1.5 Japan 117
7.1.1.6 European commission 117
7.1.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 118
7.1.2.1 North America 118
7.1.2.2 Europe 120
7.1.2.3 Asia Pacific 121
7.1.3 REGULATORY LANDSCAPE HEATMAP 122
7.1.3.1 Regulatory landscape heatmap, by key country 122
7.1.3.2 Regulatory landscape heatmap across US states 123
8 CUSTOMER LANDSCAPE & BUYER BEHAVIOR 125
8.1 DECISION-MAKING PROCESS 125
8.2 KEY STAKEHOLDERS AND BUYING CRITERIA 126
8.2.1 KEY STAKEHOLDERS IN BUYING PROCESS 126
8.2.2 BUYING CRITERIA 127
9 FUTURE REVENUE MONETIZATION OUTLOOK 129
9.1 CONNECTED VEHICLE MONETIZATION FRAMEWORK 129
9.1.1 FEATURE AS A SERVICE ROADMAP 129
9.1.2 PAY-PER-USE TELEMATICS SERVICES 130
9.1.3 DATA MONETIZATION OPPORTUNITIES 131
9.2 OEM DIGITAL REVENUE STRATEGY 132
9.2.1 TRANSITION FROM ONE-TIME HARDWARE SALES TO RECURRING SOFTWARE REVENUE 132
9.2.2 CONNECTED SERVICES MONETIZATION ROADMAP 133
9.2.3 SUBSCRIPTION VERSUS BUNDLED OWNERSHIP MODELS 135
9.2.4 LIFETIME CUSTOMER VALUE OPTIMIZATION 136
9.3 COMPETITIVE WHITE SPACE ANALYSIS 137
9.3.1 UNTAPPED OEM OPPORTUNITIES 137
9.3.2 FEATURE PENETRATION GAPS 138
10 AUTONOMOUS TRUCKS MARKET, BY APPLICATION 140
10.1 INTRODUCTION 141
10.2 SHUTTLES 143
10.2.1 INCREASING DEMAND FOR SIMPLIFIED OPERATIONS TO DRIVE GROWTH 143
10.3 INTERCITY/INTRACITY BUSES 144
10.3.1 GROWING DEMAND FOR SAFE AND EFFICIENT URBAN TRANSPORTATION TO DRIVE GROWTH 144
10.4 LAST-MILE DELIVERY TRUCKS 146
10.4.1 GROWING E-COMMERCE INDUSTRY TO DRIVE MARKET 146
10.5 MINING TRUCKS 147
10.5.1 AUTOMATION IN OPERATIONS TO DRIVE MARKET 147
10.6 OTHERS 149
10.7 KEY INDUSTRY INSIGHTS 149
11 AUTONOMOUS TRUCKS MARKET, BY ADAS FEATURES 150
11.1 INTRODUCTION 150
11.2 ADAPTIVE CRUISE CONTROL 151
11.3 AUTOMATIC EMERGENCY BRAKING 152
11.4 BLIND SPOT DETECTION 153
11.5 INTELLIGENT PARK ASSIST 154
11.6 TRAFFIC JAM ASSIST 155
11.7 LANE KEEP ASSIST 156
11.8 HIGHWAY PILOT 157
11.9 DRIVER MONITORING SYSTEM 157
12 AUTONOMOUS TRUCKS MARKET, BY LEVEL OF AUTONOMY 159
12.1 INTRODUCTION 160
12.2 L1 162
12.2.1 STRICT SAFETY REGULATIONS WORLDWIDE TO DRIVE MARKET 162
12.3 L2 & L3 163
12.3.1 INCREASED R&D INVESTMENTS TO DRIVE MARKET 163
12.4 L4 165
12.4.1 INCREASING NEED FOR DRIVERLESS TRUCKS TO DRIVE MARKET 165
12.5 L5 166
12.5.1 INCREASED INVESTMENTS IN SENSOR TECHNOLOGY TO DRIVE MARKET 166
12.6 KEY PRIMARY INSIGHTS 167
13 AUTONOMOUS TRUCKS MARKET, BY PROPULSION TYPE 168
13.1 INTRODUCTION 169
13.2 DIESEL 172
13.2.1 GROWING USE OF LARGE PUBLIC TRANSPORT BUSES TO DRIVE MARKET 172
13.3 ELECTRIC 175
13.3.1 GROWING AWARENESS OF REDUCED POLLUTION AND GREENHOUSE GAS EMISSIONS TO DRIVE MARKET 175
13.4 HYBRID 177
13.5 KEY INDUSTRY INSIGHTS 177
14 AUTONOMOUS TRUCKS MARKET, BY SENSOR TYPE 178
14.1 INTRODUCTION 179
14.2 CAMERAS 183
14.2.1 INCREASING AWARENESS OF SAFETY AMONG CONSUMERS TO DRIVE MARKET 183
14.3 LIDAR 186
14.3.1 INCREASING DEMAND FOR ADVANCED PERCEPTION AND NIGHT VISION SYSTEMS TO DRIVE GROWTH 186
14.4 RADAR SENSORS 188
14.4.1 DEVELOPMENT OF ADVANCED 4D IMAGING RADAR TECHNOLOGY TO DRIVE GROWTH 188
14.5 ULTRASONIC SENSORS 191
14.5.1 INCREASING ADOPTION OF ADVANCED DRIVING FUNCTIONS TO DRIVE MARKET 191
14.6 KEY PRIMARY INSIGHTS 193
15 AUTONOMOUS TRUCKS MARKET, BY VEHICLE CLASS 194
15.1 INTRODUCTION 195
15.2 CLASS 1–3 197
15.2.1 INCREASE IN URBANIZATION TO DRIVE MARKET 197
15.3 CLASS 4–6 199
15.3.1 INCREASED CONCERNS OF DRIVER COMFORT AND FLEET MANAGEMENT TO DRIVE MARKET 199
15.4 CLASS 7–8 200
15.4.1 GROWING NEED FOR HIGHER LOAD-CARRYING CAPACITY IN LONG-HAUL TRANSPORTATION TO DRIVE MARKET 200
15.5 KEY INDUSTRY INSIGHTS 202
16 AUTONOMOUS TRUCKS MARKET, BY VEHICLE TYPE 203
16.1 INTRODUCTION 204
16.2 BUSES 206
16.2.1 RISING NEED TO REDUCE TRAFFIC CONGESTION AND AIR POLLUTION TO DRIVE GROWTH 206
16.3 TRUCKS 208
16.3.1 INCREASING INVESTMENT IN SAFE AND EFFICIENT LOGISTICS OPERATIONS TO DRIVE GROWTH 208
16.4 KEY INDUSTRY INSIGHTS 211
17 AUTONOMOUS TRUCKS MARKET, BY REGION 212
17.1 INTRODUCTION 213
17.2 ASIA PACIFIC 215
17.2.1 CHINA 218
17.2.1.1 Growing emphasis on vehicle safety standards to drive market 218
17.2.2 JAPAN 220
17.2.2.1 Government initiatives to drive market 220
17.2.3 INDIA 222
17.2.3.1 Expansion of urban infrastructure to support market growth 222
17.2.4 SOUTH KOREA 224
17.2.4.1 Rising adoption of smart city programs to support market growth 224
17.3 EUROPE 226
17.3.1 FRANCE 229
17.3.1.1 Increasing adoption of autonomous shuttles to drive market 229
17.3.2 GERMANY 231
17.3.2.1 Presence of major commercial vehicle manufacturers to drive market 231
17.3.3 ITALY 233
17.3.3.1 Increasing adoption of smart mobility solutions to drive market 233
17.3.4 SPAIN 235
17.3.4.1 Increasing investments in L4 autonomy to drive market 235
17.3.5 UK 238
17.3.5.1 Rapid increase in production of autonomous buses and trucks to drive market 238
17.4 NORTH AMERICA 239
17.4.1 US 242
17.4.1.1 Increasing R&D activities by leading technology companies to drive market 242
17.4.2 CANADA 244
17.4.2.1 Growth in the testing of autonomous driving assistant systems to drive market 244
17.4.3 MEXICO 246
17.5 REST OF THE WORLD 247
17.5.1 BRAZIL 249
17.5.1.1 Advancements in semi-autonomous and autonomous vehicle technologies to drive market 249
17.5.2 RUSSIA 251
17.5.2.1 Expansion of manufacturing facilities to drive market 251
18 COMPETITIVE LANDSCAPE 254
18.1 INTRODUCTION 254
18.2 KEY PLAYER STRATEGIES 254
18.3 REVENUE ANALYSIS, 2021–2025 256
18.4 MARKET SHARE ANALYSIS, 2025 257
18.5 COMPANY VALUATION AND FINANCIAL METRICS 259
18.6 BRAND/PRODUCT COMPARISON 262
18.7 COMPANY EVALUATION MATRIX: KEY PLAYERS 263
18.7.1 STARS 263
18.7.2 EMERGING LEADERS 263
18.7.3 PERVASIVE PLAYERS 263
18.7.4 PARTICIPANTS 263
18.8 COMPANY EVALUATION MATRIX: SOFTWARE PROVIDERS 264
18.8.1 STARS 265
18.8.2 EMERGING LEADERS 265
18.8.3 PERVASIVE PLAYERS 265
18.8.4 PARTICIPANTS 265
18.8.5 COMPANY FOOTPRINT 267
18.9 COMPANY EVALUATION MATRIX: STARTUPS/SMES 270
18.9.1 PROGRESSIVE COMPANIES 270
18.9.2 RESPONSIVE COMPANIES 270
18.9.3 DYNAMIC COMPANIES 270
18.9.4 STARTING BLOCKS 270
18.9.5 COMPETITIVE BENCHMARKING 272
18.10 COMPETITIVE SCENARIO 273
18.10.1 PRODUCT LAUNCHES/DEVELOPMENTS 273
18.10.2 DEALS 275
18.10.3 EXPANSIONS 278
18.10.4 OTHER DEVELOPMENTS 280
19 COMPANY PROFILES 282
19.1 ORIGINAL EQUIPMENT MANUFACTURERS 282
19.1.1 DAIMLER TRUCK AG 282
19.1.1.1 Business overview 282
19.1.1.2 Products/Solutions/Services offered 283
19.1.1.3 Recent developments 284
19.1.1.3.1 Product launches/developments 284
19.1.1.3.2 Deals 285
19.1.1.3.3 Expansions 286
19.1.1.4 MnM view 287
19.1.1.4.1 Key strengths 287
19.1.1.4.2 Strategic choices 287
19.1.1.4.3 Weaknesses and competitive threats 287
19.1.2 AB VOLVO 288
19.1.2.1 Business overview 288
19.1.2.2 Products/Solutions/Services offered 289
19.1.2.3 Recent developments 291
19.1.2.3.1 Product launches/developments 291
19.1.2.3.2 Deals 291
19.1.2.3.3 Expansions 293
19.1.2.3.4 Other developments 293
19.1.2.4 MnM view 294
19.1.2.4.1 Key strengths 294
19.1.2.4.2 Strategic choices 295
19.1.2.4.3 Weaknesses and competitive threats 295
19.1.3 MAN TRUCK & BUS SE 296
19.1.3.1 Business overview 296
19.1.3.2 Products/Solutions/Services offered 297
19.1.3.3 Recent developments 299
19.1.3.3.1 Deals 299
19.1.3.3.2 Expansions 299
19.1.3.3.3 Other developments 300
19.1.3.4 MnM view 301
19.1.3.4.1 Key strengths 301
19.1.3.4.2 Strategic choices 301
19.1.3.4.3 Weaknesses and competitive threats 301
19.1.4 IVECO S.P.A. 302
19.1.4.1 Business overview 302
19.1.4.2 Products/Solutions/Services offered 303
19.1.4.3 Recent developments 304
19.1.4.3.1 Deals 304
19.1.4.3.2 Other developments 305
19.1.4.4 MnM view 306
19.1.4.4.1 Key strengths 306
19.1.4.4.2 Strategic choices 306
19.1.4.4.3 Weaknesses and competitive threats 306
19.1.5 PACCAR INC. 307
19.1.5.1 Business overview 307
19.1.5.2 Products/Solutions/Services offered 308
19.1.5.3 Recent developments 310
19.1.5.3.1 Product launches/developments 310
19.1.5.3.2 Deals 310
19.1.5.4 MnM view 311
19.1.5.4.1 Key strengths 311
19.1.5.4.2 Strategic choices 311
19.1.5.4.3 Weaknesses and competitive threats 311
19.1.6 HYUNDAI MOTOR CORPORATION 312
19.1.6.1 Business overview 312
19.1.6.2 Products/Solutions/Services offered 313
19.1.6.3 Recent developments 314
19.1.6.3.1 Product launches/developments 314
19.1.7 DONGFENG MOTOR COMPANY 315
19.1.7.1 Business overview 315
19.1.7.2 Products/Solutions/Services offered 315
19.1.7.3 Recent developments 316
19.1.7.3.1 Deals 316
19.2 SOFTWARE PROVIDERS 317
19.2.1 AURORA INNOVATION INC. 317
19.2.1.1 Business overview 317
19.2.1.2 Products/Solutions/Services offered 318
19.2.1.3 Recent developments 319
19.2.1.3.1 Product launches/developments 319
19.2.1.3.2 Deals 320
19.2.1.3.3 Expansions 323
19.2.1.3.4 Other developments 324
19.2.1.4 MnM view 324
19.2.1.4.1 Key strengths 324
19.2.1.4.2 Strategic choices 324
19.2.1.4.3 Weaknesses and competitive threats 324
19.2.2 NVIDIA CORPORATION 325
19.2.2.1 Business overview 325
19.2.2.2 Products/Solutions/Services offered 326
19.2.2.3 Recent developments 327
19.2.2.3.1 Product launches/developments 327
19.2.2.3.2 Deals 327
19.2.2.3.3 Other developments 328
19.2.2.4 MnM view 328
19.2.2.4.1 Key strengths 328
19.2.2.4.2 Strategic choices 329
19.2.2.4.3 Weaknesses and competitive threats 329
19.2.3 PLUSAI, INC. 330
19.2.3.1 Business overview 330
19.2.3.2 Products/Solutions/Services offered 330
19.2.3.3 Recent developments 331
19.2.3.3.1 Product launches/developments 331
19.2.3.3.2 Deals 332
19.2.3.3.3 Other developments 333
19.2.3.4 MnM view 334
19.2.3.4.1 Key strengths 334
19.2.3.4.2 Strategic choices 334
19.2.3.4.3 Weaknesses and competitive threats 334
19.2.4 AUMOVIO 335
19.2.4.1 Business overview 335
19.2.4.2 Products/Solutions/Services offered 336
19.2.4.3 Recent developments 336
19.2.4.3.1 Product launches/developments 336
19.2.4.3.2 Deals 336
19.2.4.4 MnM view 337
19.2.4.4.1 Key strengths 337
19.2.4.4.2 Strategic choices 337
19.2.4.4.3 Weaknesses and competitive threats 337
19.2.5 KODIAK ROBOTICS INC. 338
19.2.5.1 Business overview 338
19.2.5.2 Products/Solutions/Services offered 338
19.2.5.3 Recent developments 339
19.2.5.3.1 Deals 339
19.2.5.3.2 Expansions 341
19.2.5.3.3 Other developments 341
19.2.5.4 MnM view 341
19.2.5.4.1 Key strengths 341
19.2.5.4.2 Strategic choices 342
19.2.5.4.3 Weaknesses and competitive threats 342
19.2.6 NAVYA 343
19.2.6.1 Business overview 343
19.2.6.2 Products/Solutions/Services offered 343
19.2.6.3 Recent developments 344
19.2.6.3.1 Product launches/developments 344
19.2.6.3.2 Deals 344
19.2.7 JILUO TECHNOLOGY CO., LTD. 345
19.2.7.1 Business overview 345
19.2.7.2 Products/Solutions/Services offered 345
19.2.7.3 Recent developments 346
19.2.7.3.1 Deals 346
19.2.7.3.2 Other developments 347
19.3 OTHER PLAYERS 348
19.3.1 YUTONG BUS CO., LTD. 348
19.3.2 KARSAN 349
19.3.3 XIAMEN KING LONG UNITED AUTOMOTIVE INDUSTRY CO., LTD. 349
19.3.4 EINRIDE 350
19.3.5 WERIDE 351
19.3.6 ISUZU MOTORS 352
19.3.7 SENSETIME 353
19.3.8 EASYMILE 354
19.3.9 SCANIA 355
19.3.10 ZF FRIEDRICHSHAFEN AG 356
19.3.11 UISEE 357
19.3.12 INTERNATIONAL MOTORS, LLC. 358
19.3.13 ALEXANDER DENNIS LIMITED 359
19.3.14 TOYOTA MOTOR CORPORATION 360
19.3.15 TESLA 361
19.3.16 ROBERT BOSCH GMBH 362
19.3.17 BAIDU 363
19.3.18 WESTWELL 364
20 RESEARCH METHODOLOGY 365
20.1 RESEARCH DATA 365
20.1.1 SECONDARY DATA 367
20.1.1.1 Key secondary sources 368
20.1.1.2 Key data from secondary sources 369
20.1.2 PRIMARY DATA 370
20.1.2.1 Primary participants 371
20.2 MARKET SIZE ESTIMATION 372
20.2.1 BOTTOM-UP APPROACH 373
20.2.2 TOP-DOWN APPROACH 375
20.3 DATA TRIANGULATION 377
20.4 FACTOR ANALYSIS 379
20.5 RESEARCH ASSUMPTIONS 380
20.6 RESEARCH LIMITATIONS 381
20.7 RISK ANALYSIS 381
21 APPENDIX 383
21.1 DISCUSSION GUIDE 383
21.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 386
21.3 CUSTOMIZATION OPTIONS 388
21.3.1 SEMI-AUTONOMOUS TRUCKS MARKET, BY SENSOR TYPE AT COUNTRY LEVEL (FOR COUNTRIES NOT COVERED IN THE REPORT) 388
21.3.2 SEMI-AUTONOMOUS TRUCKS AND BUS MARKET, BY PROPULSION TYPE AT COUNTRY LEVEL (FOR COUNTRIES NOT COVERED IN THE REPORT) 388
21.3.3 COMPANY INFORMATION 388
21.3.3.1 Profiling of additional market players (up to 10) 388
21.4 RELATED REPORTS 388
21.5 AUTHOR DETAILS 390