- By Solution (Software, Hardware, Service)
- Hardware (LiDAR, Radar, Camera, Others)
- By System (Adaptive Cruise Control (ACC), Global Positioning System, Human Machine Interface (HMI), Forward Collision Warning (FCW), Lane Keep Assist (LKT), Automotive Emergency Braking (AEB), Blind Spot Detection (BSD), Others)
- By Autonomy (Semi-Autonomous, Fully Autonomous)
- By Connectivity Type (Vehicle to Vehicle (V2V), Vehicle to Infrastructure (V2I), Vehicle to Everything (V2X))
- By Vehicle Type (Light Commercial Vehicle, Heavy Commercial Vehicle)
TRUCK PLATOONING MARKET REPORT CUSTOMIZATIONRequest Sample PDF to View Undisclosed Values
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REPORT OVERVIEW
The global truck platooning market size was valued at USD XX billion Request Sample PDF to View Undisclosed Values in the year 2023. The truck platooning market is projected to grow from USD XX billion in 2024 to USD XX billion by the year 2032, exhibiting a notable CAGR of XX%.
Truck platooning is an innovative method of transportation where two or more trucks travel closely together in a convoy, using advanced technology to maintain a tight formation. The leading truck, equipped with state-of-the-art sensors and communication systems, sets the speed and direction for the platoon. The following trucks, often referred to as “followers,” leverage these technologies to closely monitor the movements of the lead truck. This allows them to maintain a safe and consistent distance, reducing aerodynamic drag and improving fuel efficiency for the entire platoon. The trucks communicate wirelessly, typically through vehicle-to-vehicle (V2V) communication, ensuring seamless coordination and quick reaction times to changes in traffic conditions.
Furthermore, a robust communication network forms the foundation of this logistics approach. This connectivity enables real-time responsiveness, optimizing road usage, improving traffic flow and safety through advanced driver assistance systems (ADAS), and reducing highway congestion. These benefits extend beyond trucking to benefit other road users. Additionally, operating trucks in this manner reduces air resistance, enhancing fuel efficiency for each vehicle in the platoon and resulting in cost savings while positively impacting the environment. Moreover, platooning can enhance traffic flow and safety on highways by reducing congestion and providing a more predictable driving environment.
The growing need for effective and secure transportation solutions has spurred the advancement of automated vehicles within the logistics sector, notably in the form of truck platoons or automated fleets of trucks which in turn boosts the global truck platooning market growth in the forecast period.
GLOBAL TRUCK PLATOONING MARKET TREND
Artificial Intelligence (AI) and Developments in Advanced Driver Assistance Systems (ADAS) are Prominent Trends in the Global Truck Platooning Market
AI-powered technologies are being integrated into truck platooning systems to enable intelligent decision-making and enhance overall efficiency. AI algorithms analyze vast amounts of data from sensors, cameras, and radar systems to optimize vehicle coordination, route planning, and traffic management within platoons. AI-driven predictive analytics are enhancing the predictive maintenance capabilities of truck fleets engaged in platooning. By continuously monitoring vehicle performance and identifying potential issues in real-time, AI-powered systems enable proactive maintenance scheduling, reducing downtime and operational disruptions. Additionally, AI algorithms optimize the positioning and speed of platooning trucks to minimize aerodynamic drag, resulting in significant fuel savings.
For instance, in January 2024, a study by University of Illinois demonstrated that employing automated truck platooning driven by an artificial intelligence (AI) model can lead to a 10 percent reduction in average fuel consumption and a 26.5 percent decrease in delivery costs. The study involved testing mathematical drag force and fuel consumption models on a simulated three-truck platoon using real-time wind data.
Moreover, developments in ADAS are instrumental in enabling truck platooning. ADAS features such as adaptive cruise control, automatic braking, and lane-keeping assist facilitate close-proximity driving and coordination between platooning trucks. These systems enhance the capabilities of trucks to operate autonomously and maintain safe distances from other vehicles in the platoon. Furthermore, machine learning integration, improvements in vehicle-to-vehicle (V2V) communication, automated driving systems, and connectivity solutions, strategic partnerships and collaborations, and government initiatives are key trends in the global truck platooning market.
DRIVING FACTORS FOR GLOBAL TRUCK PLATOONING MARKET OUTLOOK
Rising Adoption of Autonomous Trucks Coupled with Surge in Demand for Efficient and Safe Transportation Systems Will Catalyze the Global Truck Platooning Market Growth
Autonomous trucks, equipped with advanced technologies such as artificial intelligence (AI), sensors, and connectivity solutions, are gaining traction due to their potential to enhance operational efficiency, reduce costs, and improve road safety. One key driver behind the adoption of autonomous trucks and truck platooning is the urgent need for more efficient freight transportation. Traditional trucking operations face challenges such as driver shortages, high operational costs, and inefficiencies in logistics management. Autonomous trucks offer a solution by enabling continuous operation without driver fatigue, optimizing route planning, and reducing idle times through platooning.
For instance, in June 2023, Kodiak Robotics, Inc., revealed that Loadsmith plans to deploy Kodiak’s self-driving technology, known as the Kodiak Driver, across 800 trucks. These autonomous trucks will form the backbone of the newly launched Loadsmith Freight Network (LFN), marking the first freight transportation company tailored exclusively for self-driving trucks. Deliveries of the Kodiak Driver-enabled autonomous trucks by Kodiak are slated to commence in the latter half of 2025.
Additionally, the demand for safer transportation systems is pushing the adoption of technologies like truck platooning. Platooning allows trucks to travel in close formation, synchronized through wireless communication and advanced driver assistance systems (ADAS). This coordination enhances safety by reducing the risk of accidents caused by human error, improving response times to road hazards, and maintaining consistent speeds and distances between vehicles.
RESTRAINING FACTORS FOR GLOBAL TRUCK PLATOONING MARKET ECONOMY
Infrastructure Compatibility and Initial Costs May Hamper the Global Truck Platooning Market Growth
One of the primary hurdles is ensuring that existing infrastructure, such as roads and communication networks, is compatible with truck platooning technology. This includes implementing intelligent transportation systems (ITS) that support vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication. Upgrading infrastructure to accommodate these technologies requires substantial investment and coordination among government agencies, transportation authorities, and technology providers. The lack of standardized infrastructure across regions and countries further complicates the deployment of truck platooning systems on a large scale.
Moreover, the initial costs associated with adopting and implementing truck platooning technologies can be prohibitive for many fleet operators and logistics companies. These costs include purchasing autonomous trucks equipped with advanced sensors, AI-driven software, and communication systems, as well as investing in infrastructure upgrades and training personnel to operate and maintain the technology.
REGIONAL INSIGHTS
Geographically, the global truck platooning market is segmented into North America, Europe, Asia Pacific, the Middle East, and the Rest of the World.
Global Truck Platooning Market Share – By Country (2023)
North America is a leading region in the adoption of truck platooning technologies, driven by initiatives to enhance road safety and improve freight efficiency. The U.S. and Canada have been at the forefront of testing and deploying autonomous truck platooning systems. In March 2024, Kratos Defense & Security Solutions, Inc. is partnering with EASE Logistics to roll out self-driving Class 8 tractor trailers in a Leader Follower Platoon to transport freight for customers along a major freight corridor between Ohio and Indiana. The plan involves retrofitting EASE trucks with self-driving technology to facilitate platooning operations. Together, the companies aim to implement the Leader Follower Platoon system for hauling freight in 53-foot dry van trailers on short-haul routes covering round-trip distances of 450 to 500 miles.
Europe is another key market for truck platooning, with countries like Germany, Sweden, and the Netherlands leading the way in pilot projects and commercial deployments. The European Union has been proactive in promoting cooperative intelligent transport systems (C-ITS), which include truck platooning initiatives. For instance, in January 2024, Continental and Aurora completed the design and architecture of the fallback system and hardware for the Aurora Driver, an SAE Level 4 autonomous driving system. Continental intends to commence production of this system in 2027. This finalized hardware design follows less than a year after the companies initiated an industry-first partnership focused on the high-volume manufacturing of autonomous trucking systems.
Asia Pacific is emerging as a promising market for truck platooning, increasing trade activities and infrastructure development. Countries like China, Japan, and South Korea are investing in autonomous driving technologies and smart transportation systems, creating opportunities for truck platooning adoption. For instance, in July 2023, Inceptio Technology, a company based in China specializing in autonomous driving technologies for heavy-duty trucks, has announced that their Inceptio Autonomous Driving System has successfully enabled over 40 million kilometers of accident-free trucking on China’s highways.
In the Middle East, countries like the United Arab Emirates and Saudi Arabia are investing in truck platooning projects as part of their smart city initiatives. Other regions such as Latin America, and Africa are investing in infrastructure upgrades and exploring pilot projects to assess the feasibility of autonomous truck platooning.
KEY INDUSTRY PLAYERS
Key Players are Focusing on Government Regulations and Policies, Integration of Autonomous Technology, Investment in R&D, Partnerships and Acquisitions to increase the Global Market Share
The global truck platooning market encompasses key players, such as Peloton Technology, Continental AG, Volkswagen AG, AB Volvo, Daimler, and others. These players are focusing on government regulations and policies, integration of autonomous technology, investment in R&D, partnerships, and acquisitions to increase their market share in the global market. For instance, in December 2023, Aurora Innovation launched the industry’s inaugural lane for driverless trucks, featuring commercial-ready terminals in Dallas and Houston. Given that nearly half of all truck freight in Texas travels along the I-45 corridor between Dallas and Houston, this route is an optimal choice for Aurora’s commercial debut. Much like its initial terminal in South Dallas, Aurora’s new Houston terminal is tailored to support and service driverless trucks on a commercial level.
LIST OF KEY MARKET PLAYERS
- Peloton Technology (U.S.)
- Continental AG (Germany)
- Volkswagen AG (Germany)
- AB Volvo (Sweden)
- Daimler AG (Germany)
- MAN Truck & Bus Deutschland GmbH (Germany)
- Scania Group (Sweden)
- Wabco (Switzerland)
- DAF Trucks N.V. (Netherlands)
- ZF Friedrichshafen AG (Germany)
KEY INDUSTRY DEVELOPMENTS:
In March 2024, MAN has unveiled a new collaboration with automated driving systems specialist, Plus, to expedite the rollout of autonomous trucks for hub-to-hub transport. Through the implementation of automated technologies, MAN and Plus seek to improve safety and mitigate accidents stemming from driver fatigue. Additionally, this initiative will address driver shortages while optimizing transport operations for increased efficiency and environmental sustainability.
In November 2023, Pony.ai has been granted approval by the Guangzhou Municipal Transportation Bureau to conduct Level 4 (L4) self-driving truck platoon tests on specified roads in Guangzhou. This marks the first instance of a self-driving company obtaining such a permit in China. Pony.ai’s L4 self-driving truck platoon tests will involve two or more trucks operating in a coordinated manner, following a lead vehicle that is either manually driven or remotely operated.
REPORT COVERAGE
The truck platooning market research report provides a detailed market analysis by comprising all major aspects such as market estimation, market forecast, supply chain analysis, impact of regulations and so on. Moreover, the market report offers insights into truck platooning market trends and highlights major industry developments across the globe.
TRUCK PLATOONING MARKET REPORT SCOPE & SEGMENTATION
| Study Period | 2019-2032 |
|---|---|
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Period | 2019-2022 |
| Unit | Value (USD Billion) |
| Market Segmentation | By Solution
|
By Subscription Model
| |
By System
| |
By Autonomy
| |
By Connectivity Type
| |
By Vehicle Type
| |
| By Geography |
|
Frequently Asked Questions
Truck platooning is an innovative method of transportation where two or more trucks travel closely together in a convoy, using advanced technology to maintain a tight formation.
Rising adoption of autonomous trucks coupled with surge in demand for efficient and safe transportation systems is the driving factor in truck platooning market forecast.
Infrastructure compatibility and initial costs may hamper the global truck platooning market growth.
Artificial intelligence (AI) and developments in advanced driver assistance systems (ADAS) are prominent trends in the global truck platooning market.
Some of the top players in the market are Peloton Technology, Continental AG, Volkswagen AG, AB Volvo, Daimler, and others.
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Trends
4. Key Insights
4.1. Market Penetration Strategies – Merger & Acquisition, Partnership & Collaboration, R&D Investment and Others
4.2. Regulatory Landscape
4.3. Supply Chain Analysis
4.4. Latest Technological Advancements
4.5. Qualitative Insights – Impact of COVID-19 Pandemic on Global Truck Platooning Market
5. Global Truck Platooning Market Analysis, Insights and Forecast, 2019-2032
5.1 Key Findings / Definition
5.2. Market Analysis, Insights and Forecast – By Solution
5.2.1. Software
5.2.2. Hardware
5.2.3. Service
5.3. Market Analysis, Insights and Forecast – By Hardware
5.3.1. LiDAR
5.3.2. Radar
5.3.3. Camera
5.3.4. Others
5.4. Market Analysis, Insights and Forecast – By System
5.4.1. Adaptive Cruise Control (ACC)
5.4.2. Global Positioning System
5.4.3. Human Machine Interface (HMI)
5.4.4. Forward Collision Warning (FCW)
5.4.5. Lane Keep Assist (LKT)
5.4.6. Automotive Emergency Braking (AEB)
5.4.7. Blind Spot Detection (BSD)
5.4.8. Others
5.5. Market Analysis, Insights and Forecast – By Autonomy
5.5.1. Semi-Autonomous
5.5.2. Fully Autonomous
5.6. Market Analysis, Insights and Forecast – By Connectivity Type
5.6.1. Vehicle to Vehicle (V2V)
5.6.2. Vehicle to Infrastructure (V2I)
5.6.3. Vehicle to Everything (V2X)
5.7. Market Analysis, Insights and Forecast – By Vehicle Type
5.7.1. Light Commercial Vehicle
5.7.2. Heavy Commercial Vehicle
5.8. Market Analysis, Insights and Forecast – By Region
5.8.1. North America
5.8.2. Europe
5.8.3. Asia Pacific
5.8.4. Middle East
5.8.5. Rest of the World
6. North America Truck Platooning Market Analysis, Insights and Forecast, 2019-2032
6.1. Market Analysis, Insights and Forecast – By Solution
6.1.1. Software
6.1.2. Hardware
6.1.3. Service
6.2. Market Analysis, Insights and Forecast – By Hardware
6.2.1. LiDAR
6.2.2. Radar
6.2.3. Camera
6.2.4. Others
6.3. Market Analysis, Insights and Forecast – By System
6.3.1. Adaptive Cruise Control (ACC)
6.3.2. Global Positioning System
6.3.3. Human Machine Interface (HMI)
6.3.4. Forward Collision Warning (FCW)
6.3.5. Lane Keep Assist (LKT)
6.3.6. Automotive Emergency Braking (AEB)
6.3.7. Blind Spot Detection (BSD)
6.3.8. Others
6.4. Market Analysis, Insights and Forecast – By Autonomy
6.4.1. Semi-Autonomous
6.4.2. Fully Autonomous
6.5. Market Analysis, Insights and Forecast – By Connectivity Type
6.5.1. Vehicle to Vehicle (V2V)
6.5.2. Vehicle to Infrastructure (V2I)
6.5.3. Vehicle to Everything (V2X)
6.6. Market Analysis, Insights and Forecast – By Vehicle Type
6.6.1. Light Commercial Vehicle
6.6.2. Heavy Commercial Vehicle
6.7. Market Analysis, Insights and Forecast – By Country
6.7.1. U.S.
6.7.1.1. Market Analysis, Insights and Forecast – By Vehicle Type
6.7.1.1.1. Light Commercial Vehicle
6.7.1.1.2. Heavy Commercial Vehicle
6.7.2. Canada
6.7.2.1. Market Analysis, Insights and Forecast – By Vehicle Type
6.7.2.1.1. Light Commercial Vehicle
6.7.2.1.2. Heavy Commercial Vehicle
7. Europe Truck Platooning Market Analysis, Insights and Forecast, 2019-2032
7.1. Market Analysis, Insights and Forecast – By Solution
7.1.1. Software
7.1.2. Hardware
7.1.3. Service
7.2. Market Analysis, Insights and Forecast – By Hardware
7.2.1. LiDAR
7.2.2. Radar
7.2.3. Camera
7.2.4. Others
7.3. Market Analysis, Insights and Forecast – By System
7.3.1. Adaptive Cruise Control (ACC)
7.3.2. Global Positioning System
7.3.3. Human Machine Interface (HMI)
7.3.4. Forward Collision Warning (FCW)
7.3.5. Lane Keep Assist (LKT)
7.3.6. Automotive Emergency Braking (AEB)
7.3.7. Blind Spot Detection (BSD)
7.3.8. Others
7.4. Market Analysis, Insights and Forecast – By Autonomy
7.4.1. Semi-Autonomous
7.4.2. Fully Autonomous
7.5. Market Analysis, Insights and Forecast – By Connectivity Type
7.5.1. Vehicle to Vehicle (V2V)
7.5.2. Vehicle to Infrastructure (V2I)
7.5.3. Vehicle to Everything (V2X)
7.6. Market Analysis, Insights and Forecast – By Vehicle Type
7.6.1. Light Commercial Vehicle
7.6.2. Heavy Commercial Vehicle
7.7. Market Analysis, Insights and Forecast – By Country
7.7.1. U.K.
7.7.1.1. Market Analysis, Insights and Forecast – By Vehicle Type
7.7.1.1.1. Light Commercial Vehicle
7.7.1.1.2. Heavy Commercial Vehicle
7.7.2. Germany
7.7.2.1. Market Analysis, Insights and Forecast – By Vehicle Type
7.7.2.1.1. Light Commercial Vehicle
7.7.2.1.2. Heavy Commercial Vehicle
7.7.3. France
7.7.3.1. Market Analysis, Insights and Forecast – By Vehicle Type
7.7.3.1.1. Light Commercial Vehicle
7.7.3.1.2. Heavy Commercial Vehicle
7.7.4. Italy
7.7.4.1. Market Analysis, Insights and Forecast – By Vehicle Type
7.7.4.1.1. Light Commercial Vehicle
7.7.4.1.2. Heavy Commercial Vehicle
7.7.5. Russia
7.7.5.1. Market Analysis, Insights and Forecast – By Vehicle Type
7.7.5.1.1. Light Commercial Vehicle
7.7.5.1.2. Heavy Commercial Vehicle
7.7.6. Sweden
7.7.6.1. Market Analysis, Insights and Forecast – By Vehicle Type
7.7.6.1.1. Light Commercial Vehicle
7.7.6.1.2. Heavy Commercial Vehicle
7.7.7. Rest of Europe
7.7.7.1. Market Analysis, Insights and Forecast – By Vehicle Type
7.7.7.1.1. Light Commercial Vehicle
7.7.7.1.2. Heavy Commercial Vehicle
8. Asia Pacific Truck Platooning Market Analysis, Insights and Forecast, 2019-2032
8.1. Market Analysis, Insights and Forecast – By Solution
8.1.1. Software
8.1.2. Hardware
8.1.3. Service
8.2. Market Analysis, Insights and Forecast – By Hardware
8.2.1. LiDAR
8.2.2. Radar
8.2.3. Camera
8.2.4. Others
8.3. Market Analysis, Insights and Forecast – By System
8.3.1. Adaptive Cruise Control (ACC)
8.3.2. Global Positioning System
8.3.3. Human Machine Interface (HMI)
8.3.4. Forward Collision Warning (FCW)
8.3.5. Lane Keep Assist (LKT)
8.3.6. Automotive Emergency Braking (AEB)
8.3.7. Blind Spot Detection (BSD)
8.3.8. Others
8.4. Market Analysis, Insights and Forecast – By Autonomy
8.4.1. Semi-Autonomous
8.4.2. Fully Autonomous
8.5. Market Analysis, Insights and Forecast – By Connectivity Type
8.5.1. Vehicle to Vehicle (V2V)
8.5.2. Vehicle to Infrastructure (V2I)
8.5.3. Vehicle to Everything (V2X)
8.6. Market Analysis, Insights and Forecast – By Vehicle Type
8.6.1. Light Commercial Vehicle
8.6.2. Heavy Commercial Vehicle
8.7. Market Analysis, Insights and Forecast – By Country
8.7.1. China
8.7.1.1. Market Analysis, Insights and Forecast – By Vehicle Type
8.7.1.1.1. Light Commercial Vehicle
8.7.1.1.2. Heavy Commercial Vehicle
8.7.2. India
8.7.2.1. Market Analysis, Insights and Forecast – By Vehicle Type
8.7.2.1.1. Light Commercial Vehicle
8.7.2.1.2. Heavy Commercial Vehicle
8.7.3. Japan
8.7.3.1. Market Analysis, Insights and Forecast – By Vehicle Type
8.7.3.1.1. Light Commercial Vehicle
8.7.3.1.2. Heavy Commercial Vehicle
8.7.4. Australia
8.7.4.1. Market Analysis, Insights and Forecast – By Vehicle Type
8.7.4.1.1. Light Commercial Vehicle
8.7.4.1.2. Heavy Commercial Vehicle
8.7.5. South Korea
8.7.5.1. Market Analysis, Insights and Forecast – By Vehicle Type
8.7.5.1.1. Light Commercial Vehicle
8.7.5.1.2. Heavy Commercial Vehicle
8.7.6. Rest of Asia Pacific
8.7.6.1. Market Analysis, Insights and Forecast – By Vehicle Type
8.7.6.1.1. Light Commercial Vehicle
8.7.6.1.2. Heavy Commercial Vehicle
9. Middle East Truck Platooning Market Analysis, Insights and Forecast, 2019-2032
9.1. Market Analysis, Insights and Forecast – By Solution
9.1.1. Software
9.1.2. Hardware
9.1.3. Service
9.2. Market Analysis, Insights and Forecast – By Hardware
9.2.1. LiDAR
9.2.2. Radar
9.2.3. Camera
9.2.4. Others
9.3. Market Analysis, Insights and Forecast – By System
9.3.1. Adaptive Cruise Control (ACC)
9.3.2. Global Positioning System
9.3.3. Human Machine Interface (HMI)
9.3.4. Forward Collision Warning (FCW)
9.3.5. Lane Keep Assist (LKT)
9.3.6. Automotive Emergency Braking (AEB)
9.3.7. Blind Spot Detection (BSD)
9.3.8. Others
9.4. Market Analysis, Insights and Forecast – By Autonomy
9.4.1. Semi-Autonomous
9.4.2. Fully Autonomous
9.5. Market Analysis, Insights and Forecast – By Connectivity Type
9.5.1. Vehicle to Vehicle (V2V)
9.5.2. Vehicle to Infrastructure (V2I)
9.5.3. Vehicle to Everything (V2X)
9.6. Market Analysis, Insights and Forecast – By Vehicle Type
9.6.1. Light Commercial Vehicle
9.6.2. Heavy Commercial Vehicle
9.7. Market Analysis, Insights and Forecast – By Country
9.7.1. UAE
9.7.1.1. Market Analysis, Insights and Forecast – By Vehicle Type
9.7.1.1.1. Light Commercial Vehicle
9.7.1.1.2. Heavy Commercial Vehicle
9.7.2. Saudi Arabia
9.7.2.1. Market Analysis, Insights and Forecast – By Vehicle Type
9.7.2.1.1. Light Commercial Vehicle
9.7.2.1.2. Heavy Commercial Vehicle
9.7.3. Rest of Middle East
9.7.3.1. Market Analysis, Insights and Forecast – By Vehicle Type
9.7.3.1.1. Light Commercial Vehicle
9.7.3.1.2. Heavy Commercial Vehicle
10. Rest of the World Truck Platooning Market Analysis, Insights and Forecast, 2019-2032
10.1. Market Analysis, Insights and Forecast – By Solution
10.1.1. Software
10.1.2. Hardware
10.1.3. Service
10.2. Market Analysis, Insights and Forecast – By Hardware
10.2.1. LiDAR
10.2.2. Radar
10.2.3. Camera
10.2.4. Others
10.3. Market Analysis, Insights and Forecast – By System
10.3.1. Adaptive Cruise Control (ACC)
10.3.2. Global Positioning System
10.3.3. Human Machine Interface (HMI)
10.3.4. Forward Collision Warning (FCW)
10.3.5. Lane Keep Assist (LKT)
10.3.6. Automotive Emergency Braking (AEB)
10.3.7. Blind Spot Detection (BSD)
10.3.8. Others
10.4. Market Analysis, Insights and Forecast – By Autonomy
10.4.1. Semi-Autonomous
10.4.2. Fully Autonomous
10.5. Market Analysis, Insights and Forecast – By Connectivity Type
10.5.1. Vehicle to Vehicle (V2V)
10.5.2. Vehicle to Infrastructure (V2I)
10.5.3. Vehicle to Everything (V2X)
10.6. Market Analysis, Insights and Forecast – By Vehicle Type
10.6.1. Light Commercial Vehicle
10.6.2. Heavy Commercial Vehicle
10.7. Market Analysis, Insights and Forecast – By Sub-Region
10.7.1. Latin America
10.7.1.1. Market Analysis, Insights and Forecast – By Vehicle Type
10.7.1.1.1. Light Commercial Vehicle
10.7.1.1.2. Heavy Commercial Vehicle
10.7.2. Africa
10.7.2.1. Market Analysis, Insights and Forecast – By Vehicle Type
10.7.2.1.1. Light Commercial Vehicle
10.7.2.1.2. Heavy Commercial Vehicle
11. Competitive Analysis
11.1. Global Market Rank Analysis (2023)
11.2. Competitive Dashboard
12. Company Profiles (Overview, Products & Services, Financials (Based on Availability), Recent Developments, Strategies, SWOT Analysis)
12.1. Peloton Technology (U.S.)
12.2. Continental AG (Germany)
12.3. Volkswagen AG (Germany)
12.4. AB Volvo (Sweden)
12.5. Daimler AG (Germany)
12.6. MAN Truck & Bus Deutschland GmbH (Germany)
12.7. Scania Group (Sweden)
12.8. Wabco (Switzerland)
12.9. DAF Trucks N.V. (Netherlands)
12.10. ZF Friedrichshafen AG (Germany)
Table 1: Global Truck Platooning Market, (USD Billion) Forecast, By Solution, 2019-2032
Table 2: Global Truck Platooning Market, (USD Billion) Forecast, By Hardware, 2019-2032
Table 3: Global Truck Platooning Market, (USD Billion) Forecast, By System, 2019-2032
Table 4: Global Truck Platooning Market, (USD Billion) Forecast, By Autonomy, 2019-2032
Table 5: Global Truck Platooning Market, (USD Billion) Forecast, By Connectivity Type, 2019-2032
Table 6: Global Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 7: Global Truck Platooning Market (USD Billion) Forecast, By Region, 2019-2032
Table 8: North America Truck Platooning Market, (USD Billion) Forecast, By Solution, 2019-2032
Table 9: North America Truck Platooning Market, (USD Billion) Forecast, By Hardware, 2019-2032
Table 10: North America Truck Platooning Market, (USD Billion) Forecast, By System, 2019-2032
Table 11: North America Truck Platooning Market, (USD Billion) Forecast, By Autonomy, 2019-2032
Table 12: North America Truck Platooning Market, (USD Billion) Forecast, By Connectivity Type, 2019-2032
Table 13: North America Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 14: North America Truck Platooning Market (USD Billion) Forecast, By Country, 2019-2032
Table 15: U.S. Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 16: Canada Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 17: Europe Truck Platooning Market, (USD Billion) Forecast, By Solution, 2019-2032
Table 18: Europe Truck Platooning Market, (USD Billion) Forecast, By Hardware, 2019-2032
Table 19: Europe Truck Platooning Market, (USD Billion) Forecast, By System, 2019-2032
Table 20: Europe Truck Platooning Market, (USD Billion) Forecast, By Autonomy, 2019-2032
Table 21: Europe Truck Platooning Market, (USD Billion) Forecast, By Connectivity Type, 2019-2032
Table 22: Europe Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 23: Europe Truck Platooning Market (USD Billion) Forecast, By Country, 2019-2032
Table 24: U.K. Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 25: Germany Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 26: France Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 27: Italy Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 28: Russia Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 29: Sweden Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 30: Rest of Europe Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 31: Asia Pacific Truck Platooning Market, (USD Billion) Forecast, By Solution, 2019-2032
Table 32: Asia Pacific Truck Platooning Market, (USD Billion) Forecast, By Hardware, 2019-2032
Table 33: Asia Pacific Truck Platooning Market, (USD Billion) Forecast, By System, 2019-2032
Table 34: Asia Pacific Truck Platooning Market, (USD Billion) Forecast, By Autonomy, 2019-2032
Table 35: Asia Pacific Truck Platooning Market, (USD Billion) Forecast, By Connectivity Type, 2019-2032
Table 36: Asia Pacific Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 37: Asia Pacific Truck Platooning Market (USD Billion) Forecast, By Country, 2019-2032
Table 38: China Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 39: India Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 40: Japan Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 41: Australia Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 42: South Korea Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 43: Rest of Asia Pacific Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 44: Middle East Truck Platooning Market, (USD Billion) Forecast, By Solution, 2019-2032
Table 45: Middle East Truck Platooning Market, (USD Billion) Forecast, By Hardware, 2019-2032
Table 46: Middle East Truck Platooning Market, (USD Billion) Forecast, By System, 2019-2032
Table 47: Middle East Truck Platooning Market, (USD Billion) Forecast, By Autonomy, 2019-2032
Table 48: Middle East Truck Platooning Market, (USD Billion) Forecast, By Connectivity Type, 2019-2032
Table 49: Middle East Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 50: Middle East Truck Platooning Market (USD Billion) Forecast, By Country, 2019-2032
Table 51: UAE Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 52: Saudi Arabia Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 53: Rest of Middle East Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 54: Rest of the World Truck Platooning Market, (USD Billion) Forecast, By Solution, 2019-2032
Table 55: Rest of the World Truck Platooning Market, (USD Billion) Forecast, By Hardware, 2019-2032
Table 56: Rest of the World Truck Platooning Market, (USD Billion) Forecast, By System, 2019-2032
Table 57: Rest of the World Truck Platooning Market, (USD Billion) Forecast, By Autonomy, 2019-2032
Table 58: Rest of the World Truck Platooning Market, (USD Billion) Forecast, By Connectivity Type, 2019-2032
Table 59: Rest of the World Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 60: Rest of the World Truck Platooning Market (USD Billion) Forecast, By Sub-Region, 2019-2032
Table 61: Latin America Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Table 62: Africa Truck Platooning Market, (USD Billion) Forecast, By Vehicle Type, 2019-2032
Figure 1: Global Truck Platooning Market Revenue Breakdown, (USD Billion, %), By Region, 2024 & 2032
Figure 2: Global Truck Platooning Market (%) Breakdown, By Solution, 2023 & 2032
Figure 3: Global Truck Platooning Market (USD Billion) Breakdown, By Software, 2019-2032
Figure 4: Global Truck Platooning Market (USD Billion) Breakdown, By Hardware, 2019-2032
Figure 5: Global Truck Platooning Market (USD Billion) Breakdown, By Service, 2019-2032
Figure 6: Global Truck Platooning Market (%) Breakdown, By Hardware, 2023 & 2032
Figure 7: Global Truck Platooning Market (USD Billion) Breakdown, By LiDAR, 2019-2032
Figure 8: Global Truck Platooning Market (USD Billion) Breakdown, By Radar, 2019-2032
Figure 9: Global Truck Platooning Market (USD Billion) Breakdown, By Camera, 2019-2032
Figure 10: Global Truck Platooning Market (USD Billion) Breakdown, By Others, 2019-2032
Figure 11: Global Truck Platooning Market (%) Breakdown, By System, 2023 & 2032
Figure 12: Global Truck Platooning Market (USD Billion) Breakdown, By Adaptive Cruise Control (ACC), 2019-2032
Figure 13: Global Truck Platooning Market (USD Billion) Breakdown, By Global Positioning System, 2019-2032
Figure 14: Global Truck Platooning Market (USD Billion) Breakdown, By Human Machine Interface (HMI), 2019-2032
Figure 15: Global Truck Platooning Market (USD Billion) Breakdown, By Forward Collision Warning (FCW), 2019-2032
Figure 16: Global Truck Platooning Market (USD Billion) Breakdown, By Lane Keep Assist (LKT), 2019-2032
Figure 17: Global Truck Platooning Market (USD Billion) Breakdown, By Automotive Emergency Braking (AEB), 2019-2032
Figure 18: Global Truck Platooning Market (USD Billion) Breakdown, By Blind Spot Detection (BSD), 2019-2032
Figure 19: Global Truck Platooning Market (USD Billion) Breakdown, By Others, 2019-2032
Figure 20: Global Truck Platooning Market (%) Breakdown, By Autonomy, 2023 & 2032
Figure 21: Global Truck Platooning Market (USD Billion) Breakdown, By Semi-Autonomous, 2019-2032
Figure 22: Global Truck Platooning Market (USD Billion) Breakdown, By Fully Autonomous, 2019-2032
Figure 23: Global Truck Platooning Market (%) Breakdown, By Connectivity Type, 2023 & 2032
Figure 24: Global Truck Platooning Market (USD Billion) Breakdown, By Vehicle to Vehicle (V2V), 2019-2032
Figure 25: Global Truck Platooning Market (USD Billion) Breakdown, By Vehicle to Infrastructure (V2I), 2019-2032
Figure 26: Global Truck Platooning Market (USD Billion) Breakdown, By Vehicle to Everything (V2X), 2019-2032
Figure 27: Global Truck Platooning Market (%) Breakdown, By Vehicle Type, 2023 & 2032
Figure 28: Global Truck Platooning Market (USD Billion) Breakdown, By Light Commercial Vehicle, 2019-2032
Figure 29: Global Truck Platooning Market (USD Billion) Breakdown, By Heavy Commercial Vehicle, 2019-2032
Figure 30: Global Truck Platooning Market Share (%), By Region, 2023 & 2032
Figure 31: North America Truck Platooning Market Value (USD Billion), By Solution, 2023 & 2032
Figure 32: North America Truck Platooning Market Value Share (%), By Solution, 2023
Figure 33: North America Truck Platooning Market Value (USD Billion), By Hardware, 2023 & 2032
Figure 34: North America Truck Platooning Market Value Share (%), By Hardware, 2023
Figure 35: North America Truck Platooning Market Value (USD Billion), By System, 2023 & 2032
Figure 36: North America Truck Platooning Market Value Share (%), By System, 2023
Figure 37: North America Truck Platooning Market Value (USD Billion), By Autonomy, 2023 & 2032
Figure 38: North America Truck Platooning Market Value Share (%), By Autonomy, 2023
Figure 39: North America Truck Platooning Market Value (USD Billion), By Connectivity Type, 2023 & 2032
Figure 40: North America Truck Platooning Market Value Share (%), By Connectivity Type, 2023
Figure 41: North America Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 42: North America Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 43: North America Truck Platooning Market Value (USD Billion), By Country, 2023 & 2032
Figure 44: North America Truck Platooning Value Share (%), By Country, 2023
Figure 45: U.S. Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 46: U.S. Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 47: Canada Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 48: Canada Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 49: Europe Truck Platooning Market Value (USD Billion), By Solution, 2023 & 2032
Figure 50: Europe Truck Platooning Market Value Share (%), By Solution, 2023
Figure 51: Europe Truck Platooning Market Value (USD Billion), By Hardware, 2023 & 2032
Figure 52: Europe Truck Platooning Market Value Share (%), By Hardware, 2023
Figure 53: Europe Truck Platooning Market Value (USD Billion), By System, 2023 & 2032
Figure 54: Europe Truck Platooning Market Value Share (%), By System, 2023
Figure 55: Europe Truck Platooning Market Value (USD Billion), By Autonomy, 2023 & 2032
Figure 56: Europe Truck Platooning Market Value Share (%), By Autonomy, 2023
Figure 57: Europe Truck Platooning Market Value (USD Billion), By Connectivity Type, 2023 & 2032
Figure 58: Europe Truck Platooning Market Value Share (%), By Connectivity Type, 2023
Figure 59: Europe Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 60: Europe Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 61: Europe Truck Platooning Market Value (USD Billion), By Country, 2023 & 2032
Figure 62: Europe Truck Platooning Value Share (%), By Country, 2023
Figure 63: U.K. Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 64: U.K. Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 65: Germany Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 66: Germany Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 67: France Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 68: France Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 69: Italy Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 70: Italy Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 71: Russia Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 72: Russia Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 73: Sweden Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 74: Sweden Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 75: Rest of Europe Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 76: Rest of Europe Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 77: Asia Pacific Truck Platooning Market Value (USD Billion), By Solution, 2023 & 2032
Figure 78: Asia Pacific Truck Platooning Market Value Share (%), By Solution, 2023
Figure 79: Asia Pacific Truck Platooning Market Value (USD Billion), By Hardware, 2023 & 2032
Figure 80: Asia Pacific Truck Platooning Market Value Share (%), By Hardware, 2023
Figure 81: Asia Pacific Truck Platooning Market Value (USD Billion), By System, 2023 & 2032
Figure 82: Asia Pacific Truck Platooning Market Value Share (%), By System, 2023
Figure 83: Asia Pacific Truck Platooning Market Value (USD Billion), By Autonomy, 2023 & 2032
Figure 84: Asia Pacific Truck Platooning Market Value Share (%), By Autonomy, 2023
Figure 85: Asia Pacific Truck Platooning Market Value (USD Billion), By Connectivity Type, 2023 & 2032
Figure 86: Asia Pacific Truck Platooning Market Value Share (%), By Connectivity Type, 2023
Figure 87: Asia Pacific Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 88: Asia Pacific Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 89: Asia Pacific Truck Platooning Market Value (USD Billion), By Country, 2023 & 2032
Figure 90: Asia Pacific Truck Platooning Value Share (%), By Country, 2023
Figure 91: China Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 92: China Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 93: India Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 94: India Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 95: Japan Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 96: Japan Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 97: Australia Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 98: Australia Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 99: South Korea Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 100: South Korea Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 101: Rest of Asia Pacific Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 102: Rest of Asia Pacific Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 103: Middle East Truck Platooning Market Value (USD Billion), By Solution, 2023 & 2032
Figure 104: Middle East Truck Platooning Market Value Share (%), By Solution, 2023
Figure 105: Middle East Truck Platooning Market Value (USD Billion), By Hardware, 2023 & 2032
Figure 106: Middle East Truck Platooning Market Value Share (%), By Hardware, 2023
Figure 107: Middle East Truck Platooning Market Value (USD Billion), By System, 2023 & 2032
Figure 108: Middle East Truck Platooning Market Value Share (%), By System, 2023
Figure 109: Middle East Truck Platooning Market Value (USD Billion), By Autonomy, 2023 & 2032
Figure 110: Middle East Truck Platooning Market Value Share (%), By Autonomy, 2023
Figure 111: Middle East Truck Platooning Market Value (USD Billion), By Connectivity Type, 2023 & 2032
Figure 112: Middle East Truck Platooning Market Value Share (%), By Connectivity Type, 2023
Figure 113: Middle East Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 114: Middle East Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 115: Middle East Truck Platooning Market Value (USD Billion), By Country, 2023 & 2032
Figure 116: Middle East Truck Platooning Value Share (%), By Country, 2023
Figure 117: UAE Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 118: UAE Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 119: Saudi Arabia Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 120: Saudi Arabia Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 121: Rest of Middle East Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 122: Rest of Middle East Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 123: Rest of the World Truck Platooning Market Value (USD Billion), By Solution, 2023 & 2032
Figure 124: Rest of the World Truck Platooning Market Value Share (%), By Solution, 2023
Figure 125: Rest of the World Truck Platooning Market Value (USD Billion), By Hardware, 2023 & 2032
Figure 126: Rest of the World Truck Platooning Market Value Share (%), By Hardware, 2023
Figure 127: Rest of the World Truck Platooning Market Value (USD Billion), By System, 2023 & 2032
Figure 128: Rest of the World Truck Platooning Market Value Share (%), By System, 2023
Figure 129: Rest of the World Truck Platooning Market Value (USD Billion), By Autonomy, 2023 & 2032
Figure 130: Rest of the World Truck Platooning Market Value Share (%), By Autonomy, 2023
Figure 131: Rest of the World Truck Platooning Market Value (USD Billion), By Connectivity Type, 2023 & 2032
Figure 132: Rest of the World Truck Platooning Market Value Share (%), By Connectivity Type, 2023
Figure 133: Rest of the World Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 134: Rest of the World Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 135: Rest of the World Truck Platooning Market Value (USD Billion), By Sub-Region, 2023 & 2032
Figure 136: Rest of the World Truck Platooning Value Share (%), By Sub-Region, 2023
Figure 137: Latin America Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 138: Latin America Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 139: Africa Truck Platooning Market Value (USD Billion), By Vehicle Type, 2023 & 2032
Figure 140: Africa Truck Platooning Market Value Share (%), By Vehicle Type, 2023
Figure 141: Global Truck Platooning Market Rank Analysis, By Key Players, 2023
TRUCK PLATOONING MARKET REPORT SCOPE & SEGMENTATION
| Study Period | 2019-2032 |
|---|---|
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Period | 2019-2022 |
| Unit | Value (USD Billion) |
| Market Segmentation | By Solution
|
By Subscription Model
| |
By System
| |
By Autonomy
| |
By Connectivity Type
| |
By Vehicle Type
| |
| By Geography |
|