The Global Semi-Autonomous & Autonomous Trucks and Buses Market is valued at approximately USD 40.7 billion in 2024 and is projected to expand at a robust CAGR of 14.40% during the forecast period from 2025 to 2035. As the transportation and logistics industries undergo a profound transformation powered by automation, the role of semi-autonomous and fully autonomous commercial vehicles is quickly evolving from a futuristic concept into a tangible, disruptive reality. These intelligent vehicles integrate cutting-edge sensor suites—including LiDAR, radar, camera systems, and ultrasonic sensors—with advanced artificial intelligence (AI) algorithms and real-time decision-making platforms to execute precise navigation, braking, acceleration, and obstacle detection without—or with minimal—human intervention. The surge in demand is largely fueled by increasing labor shortages in freight, driver safety regulations, the need for operational cost optimization, and the continued proliferation of smart city initiatives.
The acceleration in automation adoption is being further catalyzed by regulatory support, rapid improvements in vehicle-to-everything (V2X) communication, and continuous advancements in ADAS (Advanced Driver Assistance Systems) architecture. Fleets across global logistics and public transport sectors are incorporating SAE Level 2 and Level 3 semi-autonomous capabilities for lane centering, adaptive cruise control, and automatic emergency braking, with Level 4 and 5 fully autonomous prototypes actively being piloted across industrial zones and controlled urban environments. Moreover, autonomous driving solutions for long-haul trucks are capturing attention for their potential to drastically reduce human fatigue-induced accidents, maintain consistency in delivery timelines, and streamline the cost structure of freight mobility on a global scale.
Regionally, North America commands a prominent position, buoyed by a mature automotive tech ecosystem, presence of leading AV innovators, and favorable regulatory frameworks such as FMCSA’s autonomous testing guidelines. The region’s emphasis on reducing emissions and driver shortage issues is also stimulating adoption of autonomous freight trucks. Meanwhile, Asia Pacific is rapidly emerging as a hotbed for deployment, particularly in countries like China and Japan, where government-backed pilot projects and smart mobility corridors are actively enabling autonomous vehicle testing. Europe, with its vision for carbon neutrality and robust investments in AI-powered mobility, is also witnessing a strong uptick in deployments—especially in countries like Germany, Sweden, and the Netherlands, where logistics automation is being embraced to meet rising demand in urban freight delivery and intercity bus networks.
Major market player included in this report are:
• Daimler Truck AG
• Volvo Group
• PACCAR Inc.
• AB Volvo
• Tesla Inc.
• Navistar International Corporation
• Scania AB
• TuSimple
• Plus.ai
• Waymo LLC
• BYD Auto Co., Ltd.
• FAW Group Corporation
• Continental AG
• Robert Bosch GmbH
• NVIDIA Corporation
Global Semi-Autonomous & Autonomous Trucks and Buses Market Report Scope:
• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period – 2025-2035
• Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segments of the market are explained below:
By Sensor Type:
• LiDAR
• Radar
• Camera
• Ultrasonic
By Product Type:
• Semi-Autonomous Trucks
• Semi-Autonomous Buses
• Fully Autonomous Trucks
• Fully Autonomous Buses
By Region:
North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
Latin America
• Brazil
• Mexico
Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.
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