Heavy-Duty Autonomous Vehicle Market Strategic Analysis & Growth Opportunities

Heavy-Duty Autonomous Vehicles Market Size, Outlook and Innovations

The heavy-duty autonomous vehicle market is forecasted to expand from USD 50.11 billion in 2025 to USD 167.25 billion by 2034, growing at a CAGR of 14.33% from 2025 to 2034.

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Introduction

The heavy-duty autonomous vehicle market is a prominent branch of the automotive industry. This industry deals in the manufacturing and distribution of heavy-duty autonomous vehicles in different parts of the world. There are various types of vehicles developed in this sector consisting of trucks and buses. These vehicles are integrated with different level of autonomy including semi-autonomous and fully autonomous. It finds application in several end-user industries such as logistics and transportation, mining, construction, agriculture, oil & gas and some others. The rising adoption of autonomous vehicles in agricultural sector for enhancing crop production has boosted the market expansion. This market is projected to rise significantly with the growth of the driverless vehicles industry across the globe.

• According to the Our World in Data, in 2023, the maize production inCanada was 15.08 million tons and 16.6 million tons in Russia.

Highlights of the Heavy-Duty Autonomous Vehicle Market

• North America held the largest share of the heavy-duty autonomous vehicles market due to the presence of various market players in this region.
• Europe is expected to grow with a significant CAGR due to the rising awareness of autonomous vehicles in this region.
• The trucks segment led the industry due to the increasing use of trucks in mining and agricultural sector.
• The logistics and transportation segment held the largest portion of the industry due to the rapid investment in logistics and transportation sector.

Key Metrics and Overview

Heavy-Duty Autonomous Vehicle: Trends in the Industry

• Several automotive companies are developing level-4 autonomous buses to enhance public transportation in different parts of the world. For instance, in December 2024, Karsan launched a level-4 autonomous bus in Sweden. This autonomous bus is designed to improve the public transportation across Sweden.
• The EV brands have started integrating autonomous technology in electric buses to improve vehicle safety and reduce emission. For instance, in February 2025, Fusion Processing launched Alexander Dennis Enviro100AEV autonomous electric bus. This electric bus is integrated with autonomous technology that helps in enhancing safety.
• Numerous autonomous technology providers are partnering with IT companies to develop advanced technologies for deploying driverless trucks. For instance, in January 2025, Aurora announced partnership with Nvidia. This partnership is done for integrating NVIDIA’s DRIVE Thor in autonomous trucks.
• Various truck manufacturing brands are launching autonomous trucks to reduce the dependency on drivers. For instance, in May 2024, Volvo launched an autonomous truck. This truck is integrated with Aurora’s autonomous technology.

Industry Leader Announcement

In November 2024, Denise Johnson, the Group President of Caterpillar’s Resource Industries made an announcement stating that, “Congratulations to both the Luck Stone and Caterpillar teams for this outstanding achievement. It’s meaningful not just for Bull Run operations, but for our customers of all sizes as we develop new technologies to serve the quarry and aggregates as well as construction industries, this hands-on collaboration has accelerated our ability to scale our proven mining solution for this sector”

Geographical Insights

North America held the largest share of the heavy-duty autonomous vehicle market. The rising demand for autonomous vehicles to enhance safety has boosted the market growth. Also, several government initiatives aimed at regulating autonomous vehicles coupled with rapid advancements in driverless technology is crucial for the industrial expansion. Additionally, the presence of various market players such as General Motors, Caterpillar, PACCAR and some others is predicted to drive the market growth in this region.

Competitive Landscape

The heavy-duty autonomous vehicle market is a developing industry with the presence of a few dominating players. Some of the prominent companies in this industry consists of General Motors, PACCAR, Schaeffler, Baidu, Caterpillar, Daimler Truck, Embark Trucks, FAW, and some others. These companies are constantly engaged in developing heavy-duty autonomous vehicles and adopting numerous strategies to maintain their dominant position in this industry.

• According to the annual report of Paccar, around 57% of the company’s revenue was generated from the U.S. and Canada in 2024.

Heavy-Duty Autonomous Vehicle Market Segments

By Vehicle

• Trucks
• Class 7
• Class 8
• Buses

By Level of Autonomy

• Semi-autonomous vehicle
  • Level 1
  • Level 2
  • Level 3
• Autonomous vehicle
  • Level 4

By Propulsion

• ICE
• Electric vehicle
• Hybrid vehicle

By Application

• Logistics and transportation
• Mining
• Construction
• Agriculture
• Oil & Gas
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa