According to the recent report from QYResearch, the global market for Autonomous Mining Haul Trucks is poised for substantial growth, with projections indicating an increase from USD 6,707 million in 2025 to USD 9,676 million by 2031, reflecting a compound annual growth rate (CAGR) of 6.3% during the forecast period.
Market Overview and Trends
Autonomous mining haul trucks are heavy-duty vehicles integrated with advanced technologies such as self-navigation, path planning, and obstacle avoidance. These trucks are revolutionizing operations across open-pit and underground mines by significantly boosting productivity and enhancing safety. As the mining sector undergoes digital transformation, the adoption of autonomous haulage solutions is becoming a cornerstone strategy for large and mid-tier mining companies worldwide.
Electrification and Decarbonization
The push toward electrification is a defining trend in the mining truck industry. With the global mining sector under pressure to reduce greenhouse gas emissions, electric and hybrid autonomous trucks are gaining momentum. In 2024, Fortescue Metals Group announced a $2.8 billion deal with Liebherr to purchase 360 autonomous battery-electric trucks and other zero-emission heavy equipment. This transition is a key step in Fortescue’s plan to eliminate diesel use by 2030 in its Australian iron ore operations, where diesel accounted for over 50% of Scope 1 emissions in FY2024.
These battery-electric trucks are designed to match or surpass the productivity of traditional diesel-powered models while offering long-term cost advantages in fuel and maintenance. The shift reflects broader market momentum, where sustainability objectives are aligning with economic incentives to drive the replacement of diesel fleets.
Smart Technologies and Automation
Autonomous haul trucks are increasingly equipped with AI and IoT systems that enable real-time operational oversight. These capabilities support predictive maintenance, adaptive route planning, and enhanced obstacle detection, reducing human error and optimizing fleet performance. Operators benefit from lower downtime and more predictable production schedules, while reducing risks in hazardous environments.
AI-enhanced data analytics is also improving mine planning, allowing fleet dispatch to be dynamically adjusted based on terrain conditions, traffic patterns, and payload data. This integration is transforming not only logistics but also decision-making at the enterprise level.
Global Fleet Expansion
As of mid-2024, there were 2,080 autonomous mining trucks in operation globally, with Australia accounting for 927 units, making it the largest adopter. China, Canada, and Chile follow as major growth markets. Key companies such as BHP, Rio Tinto, Yankuang Energy, and Fortescue are leading fleet expansions, while OEMs like Komatsu and Caterpillar provide the majority of deployed systems—accounting for a combined 74% market share.
Emerging players like EACON in China have also gained traction, surpassing 1,000 autonomous units equipped with their AHS by Q1 2025. Regional investments in automation are growing due to labor shortages, productivity pressures, and safety concerns in high-risk mining environments.
Market Momentum and Outlook
While the market is expected to grow from USD 6.7 billion in 2025 to nearly USD 9.7 billion by 2031 (CAGR of 6.3%), the broader outlook includes structural shifts in how mines operate. According to industry sources, the sector could reach nearly USD 19.6 billion by 2032 with higher CAGR under more aggressive adoption scenarios, especially as regulatory incentives and carbon pricing accelerate the shift to electrified autonomous solutions.
Challenges and Constraints
Despite strong momentum, several challenges must be addressed. High capital investment remains a barrier for smaller operators. Software reliability and terrain-adaptive AI remain areas of active R&D, as performance varies across complex geological environments. Moreover, differences in national safety and operational regulations can hinder fleet standardization and interoperability across global operations.
Latest Achievements
Fortescue Metals Group made headlines in late 2024 by partnering with Liebherr in a USD 2.8 billion deal to deploy 360 battery-electric autonomous haul trucks, 55 electric excavators, and 60 battery-powered dozers. This move is expected to cut Fortescue’s diesel use significantly and increase its electrification targets across mining sites.
Komatsu surpassed 700 autonomous mining trucks globally by February 2024, including over 100 of its ultra-class 980E-AT trucks. Its AHS fleet has already hauled over 10 billion metric tons, showcasing unparalleled reliability and scalability.
EACON, a leading Chinese automation firm, announced it had surpassed 1,000 autonomous trucks equipped with its proprietary Autonomous Haulage System (AHS) in Q1 2025.
Market Segmentation
By Type
Electric Autonomous Mining Haul Trucks
Diesel-Powered Autonomous Mining Haul Trucks
Hybrid Autonomous Mining Haul Trucks
By Application
Open-pit Mining Transportation
Underground Mining Transportation
Construction and Earthworks
Others
Key Companies Covered
Caterpillar
Komatsu
Hitachi Construction Machinery
Volvo Group
Liebherr
Sandvik
Epiroc
Scania
BelAZ
XCMG
SANY
Terex Trucks
BAE Systems
Hexagon AB
ASI Mining
Regional Outlook
The strongest growth is expected in Asia Pacific, led by China and Australia, with continued demand in North America and Europe. Technological advancements and the race to decarbonize mining operations are fueling investment globally.
The global Autonomous Mining Haul Trucks market is entering a transformative phase. Backed by robust technological advancements, expanding application areas, and growing environmental regulation, key players are strategically positioning themselves to lead this fast-evolving market through 2031.
Related Reports:
Global Autonomous Mining Haul Trucks Market Insights, Forecast to 2031
https://www.qyresearch.com/reports/4727545/autonomous-mining-haul-trucks
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