Autonomous Logistics Vehicles Market By Automation Level , By Application By Component : Global Opportunity Analysis and Industry Forecast, 2024-2033

Description

Autonomous Logistics Vehicles Market

The autonomous logistics vehicles market was valued at $45.0 billion in 2023 and is projected to reach $87.6 billion by 2033, growing at a CAGR of 7% from 2024 to 2033.

Autonomous logistics vehicle is a self-driving automobile used to transport goods to different locations with no human intervention. Various vehicles belong to the category of autonomous logistics vehicles, including trucks, robots, trains, and even airplanes. The key benefits of using autonomous vehicles for logistics are efficiency, low costs, and high performance. These vehicles make use of ML technology to detect the possible hurdles, follow traffic signals, and perceive the climatic conditions.

Advancement in technology is a key factor responsible for the growth of the autonomous logistics vehicles market. In addition, with increasing popularity of e-commerce and rising demand for instant delivery, the adoption of autonomous logistics vehicles is boosting substantially. Furthermore, autonomous vehicles operate through route optimization, reducing the consumption of fuel and reducing the environmental impact. The development of smart infrastructure is anticipated to be a significant futuristic trend poised to transform the landscape of autonomous logistics vehicles. Smart infrastructure is projected to comprise of connected traffic signals, intelligent roadways, and multiple maintenance facilities. This is expected to enhance the safety, productivity, and efficacy of autonomous vehicles in the future.

However, the technology for autonomous logistics vehicles is currently at a developing stage, which requires huge expenses for R&D and manufacturing. This limits the adoption of autonomous logistics technology in developed regions, constraining the growth of the market. Contrarily, the future of the autonomous logistics vehicles market looks optimistic due to its promising potential. According to the autonomous vehicles statistics by G2, a software marketplace, self-driving trucks are projected to reduce the costs for logistics by 45%, which approximate to $300 billion every year. Furthermore, the use of autonomous vehicles is expected to reduce the prevalence of traffic accidents by 90% by 2040. These figures indicate widespread expansion of autonomous logistics vehicles in the future.

Segment Review

The autonomous logistics vehicles market is segmented into automation level, application, component, and region. On the basis of automation level, the market is divided into level-3, level-4, and level-5. As per application, it is classified into civil, robo-taxi, ride-share, ride-hail, self-driving truck, and self-driving bus. Depending on component, it is categorized into hardware, software, service. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings

On the basis of automation level, the level-3 segment dominated the market in 2023.

As per application, the self-driving truck segment was the highest shareholder in 2023.

Depending on component, the software segment acquired a high stake in the market in 2023.

Region wise, North America was the highest revenue generator in 2023.

Competition Analysis

The leading players operating in the global autonomous logistics vehicles market include Rio Tinto, Caterpillar Inc., Komatsu, Westwell, UISEE, Dematic, Daifuku Co., Ltd., Siasun Robot & Automation Co., Ltd., Meidensha Corporation, Toyota Motor Corporation, Swisslog, CSG Systems, Inc., Beijing Idriverplus Technology Co., Ltd., Neolix, JD.Com, Cruise LLC, Enride, Gatik, Inc., Nuro, Inc., Starship Technologies, Tesla, Waymo LLC, and Yandex. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, to strengthen their foothold in the competitive market.

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Investment Opportunities
New Product Development/ Product Matrix of Key Players
Market share analysis of players at global/region/country level

Key Market Segments

By Automation Level

Level-3
Level-4
Level-5

By Application

Civil
Robo-Taxi
Ride-Share
Ride-Hail
Self-Driving Truck
Self-Driving Bus

By Component

Hardware
Software
Service

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- Spain
- UK
- Russia
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Thailand
- Malaysia
- Indonesia
- Rest of Asia-Pacific
LAMEA
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Argentina
- Rest of LAMEA

Key Market Players:

Rio Tinto
Caterpillar Inc.
Komatsu
Westwell
UISEE
Dematic
Daifuku Co., Ltd.
Siasun Robot & Automation Co., Ltd.
Meidensha Corporation
Toyota Motor Corporation
Swisslog
CSG Systems, Inc.
Beijing Idriverplus Technology Co., Ltd.
Neolix
JD.Com
Cruise LLC
Enride
Gatik, Inc.
Nuro, Inc.
Starship Technologies
Tesla
Waymo LLC
Yandex

Product Code: A136160

CHAPTER 1: INTRODUCTION

1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
- 1.4.1. Primary Research
- 1.4.2. Secondary Research
- 1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET LANDSCAPE

3.1. Market Definition and Scope
3.2. Key Findings
- 3.2.1. Top Investment Pockets
- 3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
- 3.3.1. Bargaining Power of Suppliers
- 3.3.2. Threat of New Entrants
- 3.3.3. Threat of Substitutes
- 3.3.4. Competitive Rivalry
- 3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities

CHAPTER 4: AUTONOMOUS LOGISTICS VEHICLES MARKET, BY AUTOMATION LEVEL

4.1. Market Overview
- 4.1.1 Market Size and Forecast, By Automation Level
4.2. Level-3
- 4.2.1. Key Market Trends, Growth Factors and Opportunities
- 4.2.2. Market Size and Forecast, By Region
- 4.2.3. Market Share Analysis, By Country
4.3. Level-4
- 4.3.1. Key Market Trends, Growth Factors and Opportunities
- 4.3.2. Market Size and Forecast, By Region
- 4.3.3. Market Share Analysis, By Country
4.4. Level-5
- 4.4.1. Key Market Trends, Growth Factors and Opportunities
- 4.4.2. Market Size and Forecast, By Region
- 4.4.3. Market Share Analysis, By Country

CHAPTER 5: AUTONOMOUS LOGISTICS VEHICLES MARKET, BY APPLICATION

5.1. Market Overview
- 5.1.1 Market Size and Forecast, By Application
5.2. Civil
- 5.2.1. Key Market Trends, Growth Factors and Opportunities
- 5.2.2. Market Size and Forecast, By Region
- 5.2.3. Market Share Analysis, By Country
5.3. Robo-Taxi
- 5.3.1. Key Market Trends, Growth Factors and Opportunities
- 5.3.2. Market Size and Forecast, By Region
- 5.3.3. Market Share Analysis, By Country
5.4. Ride-Share
- 5.4.1. Key Market Trends, Growth Factors and Opportunities
- 5.4.2. Market Size and Forecast, By Region
- 5.4.3. Market Share Analysis, By Country
5.5. Ride-Hail
- 5.5.1. Key Market Trends, Growth Factors and Opportunities
- 5.5.2. Market Size and Forecast, By Region
- 5.5.3. Market Share Analysis, By Country
5.6. Self-Driving Truck
- 5.6.1. Key Market Trends, Growth Factors and Opportunities
- 5.6.2. Market Size and Forecast, By Region
- 5.6.3. Market Share Analysis, By Country
5.7. Self-Driving Bus
- 5.7.1. Key Market Trends, Growth Factors and Opportunities
- 5.7.2. Market Size and Forecast, By Region
- 5.7.3. Market Share Analysis, By Country

CHAPTER 6: AUTONOMOUS LOGISTICS VEHICLES MARKET, BY COMPONENT

6.1. Market Overview
- 6.1.1 Market Size and Forecast, By Component
6.2. Hardware
- 6.2.1. Key Market Trends, Growth Factors and Opportunities
- 6.2.2. Market Size and Forecast, By Region
- 6.2.3. Market Share Analysis, By Country
6.3. Software
- 6.3.1. Key Market Trends, Growth Factors and Opportunities
- 6.3.2. Market Size and Forecast, By Region
- 6.3.3. Market Share Analysis, By Country
6.4. Service
- 6.4.1. Key Market Trends, Growth Factors and Opportunities
- 6.4.2. Market Size and Forecast, By Region
- 6.4.3. Market Share Analysis, By Country

CHAPTER 7: AUTONOMOUS LOGISTICS VEHICLES MARKET, BY REGION

7.1. Market Overview
- 7.1.1 Market Size and Forecast, By Region
7.2. North America
- 7.2.1. Key Market Trends and Opportunities
- 7.2.2. Market Size and Forecast, By Automation Level
- 7.2.3. Market Size and Forecast, By Application
- 7.2.4. Market Size and Forecast, By Component
- 7.2.5. Market Size and Forecast, By Country
- 7.2.6. U.S. Autonomous Logistics Vehicles Market
  - 7.2.6.1. Market Size and Forecast, By Automation Level
  - 7.2.6.2. Market Size and Forecast, By Application
  - 7.2.6.3. Market Size and Forecast, By Component
- 7.2.7. Canada Autonomous Logistics Vehicles Market
  - 7.2.7.1. Market Size and Forecast, By Automation Level
  - 7.2.7.2. Market Size and Forecast, By Application
  - 7.2.7.3. Market Size and Forecast, By Component
- 7.2.8. Mexico Autonomous Logistics Vehicles Market
  - 7.2.8.1. Market Size and Forecast, By Automation Level
  - 7.2.8.2. Market Size and Forecast, By Application
  - 7.2.8.3. Market Size and Forecast, By Component
7.3. Europe
- 7.3.1. Key Market Trends and Opportunities
- 7.3.2. Market Size and Forecast, By Automation Level
- 7.3.3. Market Size and Forecast, By Application
- 7.3.4. Market Size and Forecast, By Component
- 7.3.5. Market Size and Forecast, By Country
- 7.3.6. France Autonomous Logistics Vehicles Market
  - 7.3.6.1. Market Size and Forecast, By Automation Level
  - 7.3.6.2. Market Size and Forecast, By Application
  - 7.3.6.3. Market Size and Forecast, By Component
- 7.3.7. Germany Autonomous Logistics Vehicles Market
  - 7.3.7.1. Market Size and Forecast, By Automation Level
  - 7.3.7.2. Market Size and Forecast, By Application
  - 7.3.7.3. Market Size and Forecast, By Component
- 7.3.8. Italy Autonomous Logistics Vehicles Market
  - 7.3.8.1. Market Size and Forecast, By Automation Level
  - 7.3.8.2. Market Size and Forecast, By Application
  - 7.3.8.3. Market Size and Forecast, By Component
- 7.3.9. Spain Autonomous Logistics Vehicles Market
  - 7.3.9.1. Market Size and Forecast, By Automation Level
  - 7.3.9.2. Market Size and Forecast, By Application
  - 7.3.9.3. Market Size and Forecast, By Component
- 7.3.10. UK Autonomous Logistics Vehicles Market
  - 7.3.10.1. Market Size and Forecast, By Automation Level
  - 7.3.10.2. Market Size and Forecast, By Application
  - 7.3.10.3. Market Size and Forecast, By Component
- 7.3.11. Russia Autonomous Logistics Vehicles Market
  - 7.3.11.1. Market Size and Forecast, By Automation Level
  - 7.3.11.2. Market Size and Forecast, By Application
  - 7.3.11.3. Market Size and Forecast, By Component
- 7.3.12. Rest of Europe Autonomous Logistics Vehicles Market
  - 7.3.12.1. Market Size and Forecast, By Automation Level
  - 7.3.12.2. Market Size and Forecast, By Application
  - 7.3.12.3. Market Size and Forecast, By Component
7.4. Asia-Pacific
- 7.4.1. Key Market Trends and Opportunities
- 7.4.2. Market Size and Forecast, By Automation Level
- 7.4.3. Market Size and Forecast, By Application
- 7.4.4. Market Size and Forecast, By Component
- 7.4.5. Market Size and Forecast, By Country
- 7.4.6. China Autonomous Logistics Vehicles Market
  - 7.4.6.1. Market Size and Forecast, By Automation Level
  - 7.4.6.2. Market Size and Forecast, By Application
  - 7.4.6.3. Market Size and Forecast, By Component
- 7.4.7. Japan Autonomous Logistics Vehicles Market
  - 7.4.7.1. Market Size and Forecast, By Automation Level
  - 7.4.7.2. Market Size and Forecast, By Application
  - 7.4.7.3. Market Size and Forecast, By Component
- 7.4.8. India Autonomous Logistics Vehicles Market
  - 7.4.8.1. Market Size and Forecast, By Automation Level
  - 7.4.8.2. Market Size and Forecast, By Application
  - 7.4.8.3. Market Size and Forecast, By Component
- 7.4.9. South Korea Autonomous Logistics Vehicles Market
  - 7.4.9.1. Market Size and Forecast, By Automation Level
  - 7.4.9.2. Market Size and Forecast, By Application
  - 7.4.9.3. Market Size and Forecast, By Component
- 7.4.10. Australia Autonomous Logistics Vehicles Market
  - 7.4.10.1. Market Size and Forecast, By Automation Level
  - 7.4.10.2. Market Size and Forecast, By Application
  - 7.4.10.3. Market Size and Forecast, By Component
- 7.4.11. Thailand Autonomous Logistics Vehicles Market
  - 7.4.11.1. Market Size and Forecast, By Automation Level
  - 7.4.11.2. Market Size and Forecast, By Application
  - 7.4.11.3. Market Size and Forecast, By Component
- 7.4.12. Malaysia Autonomous Logistics Vehicles Market
  - 7.4.12.1. Market Size and Forecast, By Automation Level
  - 7.4.12.2. Market Size and Forecast, By Application
  - 7.4.12.3. Market Size and Forecast, By Component
- 7.4.13. Indonesia Autonomous Logistics Vehicles Market
  - 7.4.13.1. Market Size and Forecast, By Automation Level
  - 7.4.13.2. Market Size and Forecast, By Application
  - 7.4.13.3. Market Size and Forecast, By Component
- 7.4.14. Rest of Asia-Pacific Autonomous Logistics Vehicles Market
  - 7.4.14.1. Market Size and Forecast, By Automation Level
  - 7.4.14.2. Market Size and Forecast, By Application
  - 7.4.14.3. Market Size and Forecast, By Component
7.5. LAMEA
- 7.5.1. Key Market Trends and Opportunities
- 7.5.2. Market Size and Forecast, By Automation Level
- 7.5.3. Market Size and Forecast, By Application
- 7.5.4. Market Size and Forecast, By Component
- 7.5.5. Market Size and Forecast, By Country
- 7.5.6. Brazil Autonomous Logistics Vehicles Market
  - 7.5.6.1. Market Size and Forecast, By Automation Level
  - 7.5.6.2. Market Size and Forecast, By Application
  - 7.5.6.3. Market Size and Forecast, By Component
- 7.5.7. South Africa Autonomous Logistics Vehicles Market
  - 7.5.7.1. Market Size and Forecast, By Automation Level
  - 7.5.7.2. Market Size and Forecast, By Application
  - 7.5.7.3. Market Size and Forecast, By Component
- 7.5.8. Saudi Arabia Autonomous Logistics Vehicles Market
  - 7.5.8.1. Market Size and Forecast, By Automation Level
  - 7.5.8.2. Market Size and Forecast, By Application
  - 7.5.8.3. Market Size and Forecast, By Component
- 7.5.9. UAE Autonomous Logistics Vehicles Market
  - 7.5.9.1. Market Size and Forecast, By Automation Level
  - 7.5.9.2. Market Size and Forecast, By Application
  - 7.5.9.3. Market Size and Forecast, By Component
- 7.5.10. Argentina Autonomous Logistics Vehicles Market
  - 7.5.10.1. Market Size and Forecast, By Automation Level
  - 7.5.10.2. Market Size and Forecast, By Application
  - 7.5.10.3. Market Size and Forecast, By Component
- 7.5.11. Rest of LAMEA Autonomous Logistics Vehicles Market
  - 7.5.11.1. Market Size and Forecast, By Automation Level
  - 7.5.11.2. Market Size and Forecast, By Application
  - 7.5.11.3. Market Size and Forecast, By Component

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top Winning Strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top Player Positioning, 2023

CHAPTER 9: COMPANY PROFILES

9.1. Rio Tinto
- 9.1.1. Company Overview
- 9.1.2. Key Executives
- 9.1.3. Company Snapshot
- 9.1.4. Operating Business Segments
- 9.1.5. Product Portfolio
- 9.1.6. Business Performance
- 9.1.7. Key Strategic Moves and Developments
9.2. Caterpillar Inc.
- 9.2.1. Company Overview
- 9.2.2. Key Executives
- 9.2.3. Company Snapshot
- 9.2.4. Operating Business Segments
- 9.2.5. Product Portfolio
- 9.2.6. Business Performance
- 9.2.7. Key Strategic Moves and Developments
9.3. Komatsu
- 9.3.1. Company Overview
- 9.3.2. Key Executives
- 9.3.3. Company Snapshot
- 9.3.4. Operating Business Segments
- 9.3.5. Product Portfolio
- 9.3.6. Business Performance
- 9.3.7. Key Strategic Moves and Developments
9.4. Westwell
- 9.4.1. Company Overview
- 9.4.2. Key Executives
- 9.4.3. Company Snapshot
- 9.4.4. Operating Business Segments
- 9.4.5. Product Portfolio
- 9.4.6. Business Performance
- 9.4.7. Key Strategic Moves and Developments
9.5. UISEE
- 9.5.1. Company Overview
- 9.5.2. Key Executives
- 9.5.3. Company Snapshot
- 9.5.4. Operating Business Segments
- 9.5.5. Product Portfolio
- 9.5.6. Business Performance
- 9.5.7. Key Strategic Moves and Developments
9.6. Dematic
- 9.6.1. Company Overview
- 9.6.2. Key Executives
- 9.6.3. Company Snapshot
- 9.6.4. Operating Business Segments
- 9.6.5. Product Portfolio
- 9.6.6. Business Performance
- 9.6.7. Key Strategic Moves and Developments
9.7. Daifuku Co., Ltd.
- 9.7.1. Company Overview
- 9.7.2. Key Executives
- 9.7.3. Company Snapshot
- 9.7.4. Operating Business Segments
- 9.7.5. Product Portfolio
- 9.7.6. Business Performance
- 9.7.7. Key Strategic Moves and Developments
9.8. Siasun Robot And Automation Co., Ltd.
- 9.8.1. Company Overview
- 9.8.2. Key Executives
- 9.8.3. Company Snapshot
- 9.8.4. Operating Business Segments
- 9.8.5. Product Portfolio
- 9.8.6. Business Performance
- 9.8.7. Key Strategic Moves and Developments
9.9. Meidensha Corporation
- 9.9.1. Company Overview
- 9.9.2. Key Executives
- 9.9.3. Company Snapshot
- 9.9.4. Operating Business Segments
- 9.9.5. Product Portfolio
- 9.9.6. Business Performance
- 9.9.7. Key Strategic Moves and Developments
9.10. Toyota Motor Corporation
- 9.10.1. Company Overview
- 9.10.2. Key Executives
- 9.10.3. Company Snapshot
- 9.10.4. Operating Business Segments
- 9.10.5. Product Portfolio
- 9.10.6. Business Performance
- 9.10.7. Key Strategic Moves and Developments
9.11. Swisslog
- 9.11.1. Company Overview
- 9.11.2. Key Executives
- 9.11.3. Company Snapshot
- 9.11.4. Operating Business Segments
- 9.11.5. Product Portfolio
- 9.11.6. Business Performance
- 9.11.7. Key Strategic Moves and Developments
9.12. CSG Systems, Inc.
- 9.12.1. Company Overview
- 9.12.2. Key Executives
- 9.12.3. Company Snapshot
- 9.12.4. Operating Business Segments
- 9.12.5. Product Portfolio
- 9.12.6. Business Performance
- 9.12.7. Key Strategic Moves and Developments
9.13. Beijing Idriverplus Technology Co., Ltd.
- 9.13.1. Company Overview
- 9.13.2. Key Executives
- 9.13.3. Company Snapshot
- 9.13.4. Operating Business Segments
- 9.13.5. Product Portfolio
- 9.13.6. Business Performance
- 9.13.7. Key Strategic Moves and Developments
9.14. Neolix
- 9.14.1. Company Overview
- 9.14.2. Key Executives
- 9.14.3. Company Snapshot
- 9.14.4. Operating Business Segments
- 9.14.5. Product Portfolio
- 9.14.6. Business Performance
- 9.14.7. Key Strategic Moves and Developments
9.15. JD.Com
- 9.15.1. Company Overview
- 9.15.2. Key Executives
- 9.15.3. Company Snapshot
- 9.15.4. Operating Business Segments
- 9.15.5. Product Portfolio
- 9.15.6. Business Performance
- 9.15.7. Key Strategic Moves and Developments
9.16. Cruise LLC
- 9.16.1. Company Overview
- 9.16.2. Key Executives
- 9.16.3. Company Snapshot
- 9.16.4. Operating Business Segments
- 9.16.5. Product Portfolio
- 9.16.6. Business Performance
- 9.16.7. Key Strategic Moves and Developments
9.17. Enride
- 9.17.1. Company Overview
- 9.17.2. Key Executives
- 9.17.3. Company Snapshot
- 9.17.4. Operating Business Segments
- 9.17.5. Product Portfolio
- 9.17.6. Business Performance
- 9.17.7. Key Strategic Moves and Developments
9.18. Gatik, Inc.
- 9.18.1. Company Overview
- 9.18.2. Key Executives
- 9.18.3. Company Snapshot
- 9.18.4. Operating Business Segments
- 9.18.5. Product Portfolio
- 9.18.6. Business Performance
- 9.18.7. Key Strategic Moves and Developments
9.19. Nuro, Inc.
- 9.19.1. Company Overview
- 9.19.2. Key Executives
- 9.19.3. Company Snapshot
- 9.19.4. Operating Business Segments
- 9.19.5. Product Portfolio
- 9.19.6. Business Performance
- 9.19.7. Key Strategic Moves and Developments
9.20. Starship Technologies
- 9.20.1. Company Overview
- 9.20.2. Key Executives
- 9.20.3. Company Snapshot
- 9.20.4. Operating Business Segments
- 9.20.5. Product Portfolio
- 9.20.6. Business Performance
- 9.20.7. Key Strategic Moves and Developments
9.21. Tesla
- 9.21.1. Company Overview
- 9.21.2. Key Executives
- 9.21.3. Company Snapshot
- 9.21.4. Operating Business Segments
- 9.21.5. Product Portfolio
- 9.21.6. Business Performance
- 9.21.7. Key Strategic Moves and Developments
9.22. Waymo LLC
- 9.22.1. Company Overview
- 9.22.2. Key Executives
- 9.22.3. Company Snapshot
- 9.22.4. Operating Business Segments
- 9.22.5. Product Portfolio
- 9.22.6. Business Performance
- 9.22.7. Key Strategic Moves and Developments
9.23. Yandex
- 9.23.1. Company Overview
- 9.23.2. Key Executives
- 9.23.3. Company Snapshot
- 9.23.4. Operating Business Segments
- 9.23.5. Product Portfolio
- 9.23.6. Business Performance
- 9.23.7. Key Strategic Moves and Developments