
Truck Platooning Systems Industry Research Report 2025
Description
Summary
Truck platooning is the linking of two or more trucks in convoy, using connectivity technology and automated driving support systems. These vehicles automatically maintain a set, close distance between each other when they are connected for certain parts of a journey, for instance on motorways. The truck at the head of the platoon acts as the leader, with the vehicles behind reacting and adapting to changes in its movement requiring little to no action from drivers. In the first instance, drivers will remain in control at all times, so they can also decide to leave the platoon and drive independently.
According to APO Research, The global Truck Platooning Systems market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.
North American market for Truck Platooning Systems is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Truck Platooning Systems is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Truck Platooning Systems is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Truck Platooning Systems include Peloton Technology, Volvo, Scania, Daimler, Navistar, Toyota, Uber, Bendix Commercial Vehicles Systems and DAF, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Truck Platooning Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Truck Platooning Systems.
The Truck Platooning Systems market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Truck Platooning Systems market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
Key Companies & Market Share Insights
In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.
Truck Platooning Systems Segment by Company
Peloton Technology
Volvo
Scania
Daimler
Navistar
Toyota
Uber
Bendix Commercial Vehicles Systems
DAF
Continental AG
IVECO
MAN Truck & Bus
Truck Platooning Systems Segment by Type
Software
Device
Truck Platooning Systems Segment by Application
Heavy Trucks
Light Trucks
Truck Platooning Systems Segment by Application
Heavy Trucks
Light Trucks
Truck Platooning Systems Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Truck Platooning Systems market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Truck Platooning Systems and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Truck Platooning Systems.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Truck Platooning Systems companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.
Truck platooning is the linking of two or more trucks in convoy, using connectivity technology and automated driving support systems. These vehicles automatically maintain a set, close distance between each other when they are connected for certain parts of a journey, for instance on motorways. The truck at the head of the platoon acts as the leader, with the vehicles behind reacting and adapting to changes in its movement requiring little to no action from drivers. In the first instance, drivers will remain in control at all times, so they can also decide to leave the platoon and drive independently.
According to APO Research, The global Truck Platooning Systems market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.
North American market for Truck Platooning Systems is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Truck Platooning Systems is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Truck Platooning Systems is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Truck Platooning Systems include Peloton Technology, Volvo, Scania, Daimler, Navistar, Toyota, Uber, Bendix Commercial Vehicles Systems and DAF, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Truck Platooning Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Truck Platooning Systems.
The Truck Platooning Systems market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Truck Platooning Systems market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
Key Companies & Market Share Insights
In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.
Truck Platooning Systems Segment by Company
Peloton Technology
Volvo
Scania
Daimler
Navistar
Toyota
Uber
Bendix Commercial Vehicles Systems
DAF
Continental AG
IVECO
MAN Truck & Bus
Truck Platooning Systems Segment by Type
Software
Device
Truck Platooning Systems Segment by Application
Heavy Trucks
Light Trucks
Truck Platooning Systems Segment by Application
Heavy Trucks
Light Trucks
Truck Platooning Systems Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Truck Platooning Systems market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Truck Platooning Systems and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Truck Platooning Systems.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Truck Platooning Systems companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.
Table of Contents
145 Pages
- 1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
- 2 Market Overview
- 2.1 Product Definition
- 2.2 Truck Platooning Systems by Type
- 2.2.1 Market Value Comparison by Type (2020 VS 2024 VS 2031)
- 2.2.2 Software
- 2.2.3 Device
- 2.3 Truck Platooning Systems by Application
- 2.3.1 Market Value Comparison by Application (2020 VS 2024 VS 2031)
- 2.3.2 Heavy Trucks
- 2.3.3 Light Trucks
- 2.4 Assumptions and Limitations
- 3 Truck Platooning Systems Breakdown Data by Type
- 3.1 Global Truck Platooning Systems Historic Market Size by Type (2020-2025)
- 3.2 Global Truck Platooning Systems Forecasted Market Size by Type (2026-2031)
- 4 Truck Platooning Systems Breakdown Data by Application
- 4.1 Global Truck Platooning Systems Historic Market Size by Application (2020-2025)
- 4.2 Global Truck Platooning Systems Forecasted Market Size by Application (2026-2031)
- 5 Global Growth Trends
- 5.1 Global Truck Platooning Systems Market Perspective (2020-2031)
- 5.2 Global Truck Platooning Systems Growth Trends by Region
- 5.2.1 Global Truck Platooning Systems Market Size by Region: 2020 VS 2024 VS 2031
- 5.2.2 Truck Platooning Systems Historic Market Size by Region (2020-2025)
- 5.2.3 Truck Platooning Systems Forecasted Market Size by Region (2026-2031)
- 5.3 Truck Platooning Systems Market Dynamics
- 5.3.1 Truck Platooning Systems Industry Trends
- 5.3.2 Truck Platooning Systems Market Drivers
- 5.3.3 Truck Platooning Systems Market Challenges
- 5.3.4 Truck Platooning Systems Market Restraints
- 6 Market Competitive Landscape by Players
- 6.1 Global Top Truck Platooning Systems Players by Revenue
- 6.1.1 Global Top Truck Platooning Systems Players by Revenue (2020-2025)
- 6.1.2 Global Truck Platooning Systems Revenue Market Share by Players (2020-2025)
- 6.2 Global Truck Platooning Systems Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Truck Platooning Systems Head Office and Area Served
- 6.4 Global Truck Platooning Systems Players, Product Type & Application
- 6.5 Global Truck Platooning Systems Manufacturers Established Date
- 6.6 Global Truck Platooning Systems Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
- 7 North America
- 7.1 North America Truck Platooning Systems Market Size (2020-2031)
- 7.2 North America Truck Platooning Systems Market Growth Rate by Country: 2020 VS 2024 VS 2031
- 7.3 North America Truck Platooning Systems Market Size by Country (2020-2025)
- 7.4 North America Truck Platooning Systems Market Size by Country (2026-2031)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
- 8 Europe
- 8.1 Europe Truck Platooning Systems Market Size (2020-2031)
- 8.2 Europe Truck Platooning Systems Market Growth Rate by Country: 2020 VS 2024 VS 2031
- 8.3 Europe Truck Platooning Systems Market Size by Country (2020-2025)
- 8.4 Europe Truck Platooning Systems Market Size by Country (2026-2031)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
- 9 Asia-Pacific
- 9.1 Asia-Pacific Truck Platooning Systems Market Size (2020-2031)
- 9.2 Asia-Pacific Truck Platooning Systems Market Growth Rate by Country: 2020 VS 2024 VS 2031
- 9.3 Asia-Pacific Truck Platooning Systems Market Size by Country (2020-2025)
- 9.4 Asia-Pacific Truck Platooning Systems Market Size by Country (2026-2031)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
- 10 South America
- 10.1 South America Truck Platooning Systems Market Size (2020-2031)
- 10.2 South America Truck Platooning Systems Market Growth Rate by Country: 2020 VS 2024 VS 2031
- 10.3 South America Truck Platooning Systems Market Size by Country (2020-2025)
- 10.4 South America Truck Platooning Systems Market Size by Country (2026-2031)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
- 11 Middle East & Africa
- 11.1 Middle East & Africa Truck Platooning Systems Market Size (2020-2031)
- 11.2 Middle East & Africa Truck Platooning Systems Market Growth Rate by Country: 2020 VS 2024 VS 2031
- 11.3 Middle East & Africa Truck Platooning Systems Market Size by Country (2020-2025)
- 11.4 Middle East & Africa Truck Platooning Systems Market Size by Country (2026-2031)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
- 12 Players Profiled
- 12.1 Peloton Technology
- 12.1.1 Peloton Technology Company Information
- 12.1.2 Peloton Technology Business Overview
- 12.1.3 Peloton Technology Revenue in Truck Platooning Systems Business (2020-2025)
- 12.1.4 Peloton Technology Truck Platooning Systems Product Portfolio
- 12.1.5 Peloton Technology Recent Developments
- 12.2 Volvo
- 12.2.1 Volvo Company Information
- 12.2.2 Volvo Business Overview
- 12.2.3 Volvo Revenue in Truck Platooning Systems Business (2020-2025)
- 12.2.4 Volvo Truck Platooning Systems Product Portfolio
- 12.2.5 Volvo Recent Developments
- 12.3 Scania
- 12.3.1 Scania Company Information
- 12.3.2 Scania Business Overview
- 12.3.3 Scania Revenue in Truck Platooning Systems Business (2020-2025)
- 12.3.4 Scania Truck Platooning Systems Product Portfolio
- 12.3.5 Scania Recent Developments
- 12.4 Daimler
- 12.4.1 Daimler Company Information
- 12.4.2 Daimler Business Overview
- 12.4.3 Daimler Revenue in Truck Platooning Systems Business (2020-2025)
- 12.4.4 Daimler Truck Platooning Systems Product Portfolio
- 12.4.5 Daimler Recent Developments
- 12.5 Navistar
- 12.5.1 Navistar Company Information
- 12.5.2 Navistar Business Overview
- 12.5.3 Navistar Revenue in Truck Platooning Systems Business (2020-2025)
- 12.5.4 Navistar Truck Platooning Systems Product Portfolio
- 12.5.5 Navistar Recent Developments
- 12.6 Toyota
- 12.6.1 Toyota Company Information
- 12.6.2 Toyota Business Overview
- 12.6.3 Toyota Revenue in Truck Platooning Systems Business (2020-2025)
- 12.6.4 Toyota Truck Platooning Systems Product Portfolio
- 12.6.5 Toyota Recent Developments
- 12.7 Uber
- 12.7.1 Uber Company Information
- 12.7.2 Uber Business Overview
- 12.7.3 Uber Revenue in Truck Platooning Systems Business (2020-2025)
- 12.7.4 Uber Truck Platooning Systems Product Portfolio
- 12.7.5 Uber Recent Developments
- 12.8 Bendix Commercial Vehicles Systems
- 12.8.1 Bendix Commercial Vehicles Systems Company Information
- 12.8.2 Bendix Commercial Vehicles Systems Business Overview
- 12.8.3 Bendix Commercial Vehicles Systems Revenue in Truck Platooning Systems Business (2020-2025)
- 12.8.4 Bendix Commercial Vehicles Systems Truck Platooning Systems Product Portfolio
- 12.8.5 Bendix Commercial Vehicles Systems Recent Developments
- 12.9 DAF
- 12.9.1 DAF Company Information
- 12.9.2 DAF Business Overview
- 12.9.3 DAF Revenue in Truck Platooning Systems Business (2020-2025)
- 12.9.4 DAF Truck Platooning Systems Product Portfolio
- 12.9.5 DAF Recent Developments
- 12.10 Continental AG
- 12.10.1 Continental AG Company Information
- 12.10.2 Continental AG Business Overview
- 12.10.3 Continental AG Revenue in Truck Platooning Systems Business (2020-2025)
- 12.10.4 Continental AG Truck Platooning Systems Product Portfolio
- 12.10.5 Continental AG Recent Developments
- 12.11 IVECO
- 12.11.1 IVECO Company Information
- 12.11.2 IVECO Business Overview
- 12.11.3 IVECO Revenue in Truck Platooning Systems Business (2020-2025)
- 12.11.4 IVECO Truck Platooning Systems Product Portfolio
- 12.11.5 IVECO Recent Developments
- 12.12 MAN Truck & Bus
- 12.12.1 MAN Truck & Bus Company Information
- 12.12.2 MAN Truck & Bus Business Overview
- 12.12.3 MAN Truck & Bus Revenue in Truck Platooning Systems Business (2020-2025)
- 12.12.4 MAN Truck & Bus Truck Platooning Systems Product Portfolio
- 12.12.5 MAN Truck & Bus Recent Developments
- 13 Report Conclusion
- 14 Disclaimer
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