Truck platooning is an automated driving technology that tethers multiple trucks together on the road. This technology is able to reduce fuel costs and CO2 emissions, while supporting more efficient fleet operations. The benefits of truck platooning are numerous, including reduced air drag and improved fuel efficiency. It also reduces traffic congestion by allowing trucks to pass one another faster. Aside from the fuel savings, it can increase safety on the road as the vehicles in a platoon are able to react faster than individual trucks.
Market Dynamics:
The increased investments in automotive R&D, growing demand for autonomous and intelligent transportation, and rising sales of EVs are the factors expected to propel growth of the global truck platooning market during the forecast period.
However, high costs associated with the installation of these technologies, and a lack of infrastructure to support the technology is expected to obstruct growth of the global truck platooning market during the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global truck platooning market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global truck platooning market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include AB Volvo, Scania AB, Continental AG, Peloton Technology, and Daimler AG among others
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global truck platooning market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global truck platooning market
- Global Truck Platooning Market, By Technology:
- Adaptive Cruise Control (ACC)
- Blind Spot Warning (BSW)
- Global Positioning System (GPS)
- Forward Collision Warning (FCW)
- Lane Keep Assist (LKA)
- Others
- Global Truck Platooning Market, By Platooning Type:
- Driver-Assistive Tuck Platooning (DATP)
- Autonomous Truck Platooning
- Global Truck Platooning Market, By Communication Technology:
- V2I (Vehicle-to-infrastructure)
- V2V (Vehicle-to-vehicle)
- V2X(Vehicle-to-everything)
- Global Truck Platooning Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Company Profiles:
- AB Volvo
- Scania AB
- Continental AG
- Peloton Technology
- Daimler AG
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Technology
- Market Snapshot, By Platooning Type
- Market Snapshot, By Communication Technology
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Increasing government regulations for emission reduction
- Decreased consumption of fuel
- Restraints
- High cost of platooning technology
- Increasing concerns regarding security and privacy
- Opportunities
- Increasing production of completely autonomous trucks for platooning
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global Truck Platooning Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Truck Platooning Market , By Technology, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 – 2032
- Segment Trends
- Adaptive Cruise Control (ACC)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Blind Spot Warning (BSW)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Global Positioning System (GPS)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Forward Collision Warning (FCW)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Lane Keep Assist (LKA)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- 6. Global Truck Platooning Market , By Platooning Type, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 – 2032
- Segment Trends
- Driver-Assistive Tuck Platooning (DATP)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- Autonomous Truck Platooning
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- 7. Global Truck Platooning Market , By Communication Technology, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 – 2032
- Segment Trends
- V2I (Vehicle-to-infrastructure)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- V2V (Vehicle-to-vehicle)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- V2X(Vehicle-to-everything)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
- 8. Global Truck Platooning Market , By Region, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, By Country, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, For Country 2025–2028
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Platooning Type, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Communication Technology, 2020-2032,(US$ Bn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Platooning Type, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Communication Technology, 2020-2032,(US$ Bn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Platooning Type, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Communication Technology, 2020-2032,(US$ Bn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Platooning Type, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Communication Technology, 2020-2032,(US$ Bn)
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Platooning Type, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Communication Technology, 2020-2032,(US$ Bn)
- 9. Competitive Landscape
- AB Volvo
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Scania AB
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Continental AG
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Peloton Technology
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Daimler AG
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Analyst Views
- 10. Section
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on “Global Truck Platooning Market” - Global forecast to 2032
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