Autonomous Utility Vehicle Market Leads USD 18.33 Bn at 8.74% CAGR

Autonomous Utility Vehicle Market Growth Drivers, Challenges and Opportunities

According to market projections, the global autonomous utility vehicle market, valued at USD 7.93 billion in 2024, is anticipated to reach USD 18.33 billion by 2034, growing at a CAGR of 8.74% over the next decade. North America led the autonomous utility vehicle market, while Asia Pacific is set for strong growth. Construction vehicles and semi-autonomous tech dominate, with mining, autonomous tech, and electric power expected to rise notably in the coming years.

Autonomous Utility Vehicles Market Size, Share and Forecast

The autonomous utility vehicle market is forecasted to expand from USD 8.62 billion in 2025 to USD 18.33 billion by 2034, growing at a CAGR of 8.74% from 2025 to 2034.

Autonomous Utility Vehicle Market Size 2024 to 2034

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Introduction

The autonomous utility vehicle market is a prominent branch of the automotive industry. This industry deals in manufacturing and distribution of autonomous utility vehicles across the globe. There are several types of vehicles developed in this sector comprising of agricultural vehicles, construction vehicles, mining vehicles, material handling vehicles and some others. These vehicles are integrated with different technologies including fully autonomous, semi-autonomous and teleoperated. It finds application in various sectors comprising of haulage and logistics, crop farming, site acquisition and management, mining operations and some others. The rising application of autonomous vehicles in the mining sector is contributing to the industrial expansion. This market is predicted to rise drastically with the growth of the autonomous vehicles industry in different parts of the world.

Global Bauxite Mine Production in Million Tons (2020-23)

  • According to the Our World in Data, the global bauxite mine production in 2020 was 391 million tons in 2020 that increased to 400 million tons in 2023.

Highlights of the Autonomous Utility Vehicle Market

  • North America held the highest share of the autonomous utility vehicle market.
  • Asia Pacific is expected to grow with a significant CAGR during the forecast period.
  • By vehicle type, the construction vehicles segment held a dominant share of the market.
  • By vehicle type, the mining vehicles segment is likely to rise with a notable growth rate during the forecast period.
  • By technology, the semi-autonomous vehicles segment held the dominant share of the industry.
  • By technology, the autonomous vehicles segment is expected to grow with a notable CAGR during the forecast period.
  • By power source, the hybrid segment held the largest share of the industry.
  • By power source, the electric segment is predicted to rise with a significant CAGR during the forecast period.
  • By application, the haulage and logistics segment held a significant share of the market.
  • By application, the crop farming segment is anticipated to witness considerable growth during the forecast period.

Key Metrics and Overview

Metric Details
Market Size in 2024 USD 7.93 Billion
Projected Market Size in 2034 USD 18.33 Billion
CAGR (2025 - 2034) 8.74%
Leading Region North America
Market Segmentation By Vehicle Type, By Technology, By Power Source, By Application, By Vehicle Size and By Region
Top Key Players CNH Industrial, Daimler Trucks, Liebherr, Waymo, Terex, Hitachi, Aurora, Volvo

Autonomous Utility Vehicle: Stats and Figures

  • According to the Australian Bureau of Statistics, around 41911 constructions started in Australia during April 2025.
  • According to the World Gold Council, around 378.2 million tons of gold was mined from China in 2023.
  • According to the Logistics UK Organization, there were around 214160 logistics companies in the UK during 2023.
  • According to the Our World in Data, the global cobalt production was 230000 tons in 2023.

Vehicle Type Insights

The construction vehicles segment held a dominant share of the market. The rise in number of residential constructions in developing nations has increased the demand for construction vehicles, thereby fostering the industrial expansion. Also, the growing adoption of driverless vehicles for enhancing construction activities along with rapid investment by real-estate sector for deploying advanced vehicles is further propelling the market growth. Moreover, numerous government initiatives aimed at strengthening the construction sector has driven the growth of the autonomous utility vehicle market.

The mining vehicles segment is likely to rise with a notable growth rate during the forecast period. The rising demand for advanced mining equipment in different parts of the world has boosted the market expansion. Also, technological advancements in mining sector coupled with rapid adoption of autonomous vehicles in mining sector has further propelled the industrial growth. Moreover, several market players are developing autonomous vehicles for catering the needs of the mining sector, thereby boosting the growth of the autonomous utility vehicle market.

Technology Insights

The semi-autonomous vehicles segment held a significant share of the industry. The rising emphasis on using semi-autonomous vehicles in mining and construction sector has fostered the market expansion. Also, rapid advancements in ADAS technology coupled with numerous research and development activities related to the semi-autonomous vehicles has further accelerated the industrial growth. Moreover, several advantages of semi-autonomous vehicles including reduced driver fatigue, enhanced safety, increased efficiency, potential cost savings and some others is driving the growth of the autonomous utility vehicle market.

The autonomous vehicles segment is expected to grow with a notable CAGR during the forecast period. The growing demand for fully autonomous vehicles from various end-user industries such as agriculture, mining, logistics and some others has driven the market expansion. Additionally, rapid investment by market players for developing advanced autonomous technologies is playing a vital role in shaping the industrial landscape. Moreover, the rising cost of drivers along with increased demand for automotive safety has boosted the growth of the autonomous utility vehicle market.

Power Source Insights

The hybrid segment held the largest share of the industry. The growing demand for high-efficiency vehicles in heavy industries has boosted the market growth. Additionally, advancements in hybrid technology coupled with rapid investment by automotive companies for developing hybrid engines is playing a crucial role in shaping the industrial landscape. Moreover, numerous market players of autonomous utility vehicles such as Daimler Trucks, Komatsu, CNH Industrial and some others are constantly engaged in research and development of hybrid vehicles, thereby boosting the growth of the autonomous utility vehicle market.

The electric segment is predicted to rise with a significant CAGR during the forecast period. The growing demand for eco-friendly vehicles in several industries such as mining and construction has boosted the market growth. Additionally, numerous government initiatives for adopting EVs coupled with advancements in battery technology is further accelerating the market expansion. Moreover, the increasing fundings by truck manufacturers for developing autonomous truck based on electricity is driving the growth of the autonomous utility vehicle market.

Application Insights

The haulage and logistics segment held a significant share of the market. The rise in number of logistics companies in different parts of the world has boosted the market expansion. Also, the growing sales of e-commerce platforms has increased the demand for effective transportation solutions, thereby driving the industrial growth. Moreover, the increasing developments in the logistics sector coupled with rapid adoption of autonomous vehicles in logistics sector is further driving the growth of the autonomous utility vehicle market.

The crop farming segment is anticipated to witness considerable growth during the forecast period. The growing investment by government of several countries for developing the agricultural sector has boosted the market expansion. Also, the rising demand for autonomous vehicles in crops to enhance safety is further adding to the industrial expansion. Moreover, the market players are developing advanced driverless vehicles for the agricultural sector, thereby driving the growth of the autonomous utility vehicle market.

Geographical Insights

North America held the highest share of the autonomous utility vehicle market. The growing demand for eco-friendly vehicles in countries such as Canada and the U.S. has boosted the market growth. Also, rapid advancements in automotive sector along with reducing driver population is adding to the industrial expansion. Moreover, surge in demand for advanced vehicles in various industries such as mining and construction is expected to propel the growth of the autonomous utility vehicle market in this region.

U.S. is the major contributor in this region. In the U.S., the market is generally driven by the growing demand for advanced safety in logistics sector. Also, rise in number of mines coupled with presence of several market players such as caterpillar, John Deere and some others is boosting the market growth in this nation.

Asia Pacific is expected to grow with a significant CAGR during the forecast period. The market is generally driven by the rise in number of coal mines in India and China. Also, rapid investment by government for enhancing safety in construction and mining sector has further boosted the market expansion. Moreover, the growing developments in the agricultural sector along with presence of several automotive brands has boosted the growth of the autonomous utility vehicle market in this region.

China dominated the market in this region. In China, the market is driven by the rising adoption of hybrid vehicles in mining sector and logistics sector. Additionally, technological advancements in automotive sector coupled with rapid adoption of autonomous vehicles further propels the market expansion.

Industry Leader Announcement

  • In December 2024, Peter Hafmar, the Vice President and Head of Autonomous Solutions at Scania made an announcement stating that, “The transition from research and development to the launch of a commercial product is a major milestone for us and for autonomous heavy transport in general. This is the most advanced product Scania has put on the market so far.”

Competitive Landscape

Autonomous Utility Vehicle Market Companies

The autonomous utility vehicle market is a rapidly developing industry with the presence of a few dominating players. Some of the prominent companies in this industry consists of CASE Construction Equipment, Caterpillar, Uber ATG, Komatsu, CNH Industrial, Daimler Trucks, Liebherr, Waymo, Terex, Hitachi, Aurora, Volvo, John Deere, Baidu and some others. These companies are constantly engaged in developing autonomous utility vehicles and adopting numerous strategies such as joint ventures, acquisitions, launches, partnerships, business expansion, collaborations, and some others to maintain their dominant position in this industry. For instance, in January 2025, Komatsu launched an autonomous electric underwater bulldozer.  This bulldozer comes with a 450-kWh battery that is expected to provide a running time of around 6 hours in a single charge. Also, in November 2024, Caterpillar Inc. launched Cat 777 off-highway truck. This is a fully autonomous truck designed for enhancing mining operations.

CNH Industrial N.V. Agriculture Segment Revenue in USD Million (2022-24)

  • According to the annual report of CNH Industrial, the revenue of the agriculture segment was US$ 282 million in 2022 that increased to US$ 321 million in 2024.

Recent Developments

  • In February 2025, Robotics Plus launched Prospr. Prospr is an autonomous hybrid vehicle designed for the agricultural sector.
  • In December 2024, U Power Limited launched an autonomous logistics vehicle. This vehicle is based on AI which helps in enhancing logistics operations.
  • In October 2024, Scania partnered with Regroup. This partnership is done for launching an autonomous mining truck named as ‘G 560 8x4 tipper’ in Australia.

Autonomous Utility Vehicle Market Segments

By Vehicle Type

  • Agricultural Vehicles
  • Construction Vehicles
  • Mining Vehicles
  • Material Handling Vehicles

By Technology

  • Fully Autonomous Vehicles
  • Semi-Autonomous Vehicles
  • Teleoperated Vehicles

By Power Source

  • Electric
  • Hydrogen Fuel Cells
  • Hybrid

By Application

  • Haulage and Logistics
  • Crop Farming
  • Site Acquisition and Management
  • Mining Operations

By Vehicle Size

  • Compact
  • Medium
  • Heavy-Duty

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • The Middle East and Africa
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  • Insight Code: 1735
  • No. of Pages: 150
  • Format: PDF/PPT/Excel
  • Last Updated: 29 April 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Laxmi Narayan is a Research Analyst at Towards Automotive with 5 years of experience, specializing in edge computing and blockchain applications shaping the future of connected and intelligent mobility.

Learn more about Laxmi Narayan

Aditi Shivarkar, with 14+ years of experience in automotive market research, specializes in tracking trends across vehicle technologies, mobility solutions, and materials innovation. She delivers accurate, actionable insights that drive excellence in the automotive sector—fueling strategies around electrification, sustainability, and advanced manufacturing.

Learn more about Aditi Shivarkar
FAQ's

The autonomous utility vehicle market was valued at USD 8.62 billion in 2025.

North America dominated this industry.

The advancements in autonomous driving technology along with rising adoption of driverless vehicles in mining sector has driven the market growth.

Some of the prominent players of this industry consists of Komatsu, CNH Industrial, Daimler Trucks, Liebherr, CASE Construction Equipment, Caterpillar, Uber ATG, Waymo and some others.

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