Global Heavy Duty Truck Platooning Systems Market 2025 by Company, Regions, Type and Application, Forecast to 2031
Description
According to our latest research, the global Heavy Duty Truck Platooning Systems market size will reach USD 3671 million in 2031, growing at a CAGR of 8.7% over the analysis period.
Heavy-duty truck platooning systems are advanced technologies that enable a group of trucks to travel closely together in a convoy formation, typically with minimal spacing between vehicles, while maintaining safety and efficiency.
In a platooning system, the trucks communicate with each other through wireless communication protocols such as Dedicated Short-Range Communication (DSRC) or Cellular Vehicle-to-Everything (C-V2X). Through this communication, the trucks synchronize their speed, braking, and steering, allowing them to operate as a unified unit.
The lead truck, often equipped with advanced sensors and control systems, sets the pace and controls the movements of the entire platoon. The following trucks, known as followers or platoon members, adjust their speed and distance in real-time to maintain a safe and aerodynamically efficient following distance from the lead vehicle.
Global Truck Platooning Systems key players include Peloton Technology, Volvo, Scania, Daimler, Navistar, etc. Europe is the largest market, with a share about 50%, followed by North America, with a share about 40 percent. In terms of product, Service is the largest segment, with a share about 70%. And in terms of application, the largest application is Light Trucks, followed by Heavy Trucks.
This report is a detailed and comprehensive analysis for global Heavy Duty Truck Platooning Systems market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Heavy Duty Truck Platooning Systems market size and forecasts, in consumption value ($ Million), 2020-2031
Global Heavy Duty Truck Platooning Systems market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Heavy Duty Truck Platooning Systems market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Heavy Duty Truck Platooning Systems market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Heavy Duty Truck Platooning Systems
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Heavy Duty Truck Platooning Systems market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Peloton Technology, Volvo, Scania, Daimler, Navistar, Toyota, Uber, Bendix Commercial Vehicles Systems, DAF, Continental AG, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Heavy Duty Truck Platooning Systems market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Software
Device
Market segment by Application
Logistics and Transportation
Construction
Others
Market segment by players, this report covers
Peloton Technology
Volvo
Scania
Daimler
Navistar
Toyota
Uber
Bendix Commercial Vehicles Systems
DAF
Continental AG
IVECO
MAN Truck & Bus
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Heavy Duty Truck Platooning Systems product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Heavy Duty Truck Platooning Systems, with revenue, gross margin, and global market share of Heavy Duty Truck Platooning Systems from 2020 to 2025.
Chapter 3, the Heavy Duty Truck Platooning Systems competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Heavy Duty Truck Platooning Systems market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Heavy Duty Truck Platooning Systems.
Chapter 13, to describe Heavy Duty Truck Platooning Systems research findings and conclusion.
Heavy-duty truck platooning systems are advanced technologies that enable a group of trucks to travel closely together in a convoy formation, typically with minimal spacing between vehicles, while maintaining safety and efficiency.
In a platooning system, the trucks communicate with each other through wireless communication protocols such as Dedicated Short-Range Communication (DSRC) or Cellular Vehicle-to-Everything (C-V2X). Through this communication, the trucks synchronize their speed, braking, and steering, allowing them to operate as a unified unit.
The lead truck, often equipped with advanced sensors and control systems, sets the pace and controls the movements of the entire platoon. The following trucks, known as followers or platoon members, adjust their speed and distance in real-time to maintain a safe and aerodynamically efficient following distance from the lead vehicle.
Global Truck Platooning Systems key players include Peloton Technology, Volvo, Scania, Daimler, Navistar, etc. Europe is the largest market, with a share about 50%, followed by North America, with a share about 40 percent. In terms of product, Service is the largest segment, with a share about 70%. And in terms of application, the largest application is Light Trucks, followed by Heavy Trucks.
This report is a detailed and comprehensive analysis for global Heavy Duty Truck Platooning Systems market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Heavy Duty Truck Platooning Systems market size and forecasts, in consumption value ($ Million), 2020-2031
Global Heavy Duty Truck Platooning Systems market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Heavy Duty Truck Platooning Systems market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Heavy Duty Truck Platooning Systems market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Heavy Duty Truck Platooning Systems
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Heavy Duty Truck Platooning Systems market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Peloton Technology, Volvo, Scania, Daimler, Navistar, Toyota, Uber, Bendix Commercial Vehicles Systems, DAF, Continental AG, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Heavy Duty Truck Platooning Systems market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Software
Device
Market segment by Application
Logistics and Transportation
Construction
Others
Market segment by players, this report covers
Peloton Technology
Volvo
Scania
Daimler
Navistar
Toyota
Uber
Bendix Commercial Vehicles Systems
DAF
Continental AG
IVECO
MAN Truck & Bus
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Heavy Duty Truck Platooning Systems product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Heavy Duty Truck Platooning Systems, with revenue, gross margin, and global market share of Heavy Duty Truck Platooning Systems from 2020 to 2025.
Chapter 3, the Heavy Duty Truck Platooning Systems competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Heavy Duty Truck Platooning Systems market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Heavy Duty Truck Platooning Systems.
Chapter 13, to describe Heavy Duty Truck Platooning Systems research findings and conclusion.
Table of Contents
114 Pages
- 1 Market Overview
- 2 Company Profiles
- 3 Market Competition, by Players
- 4 Market Size Segment by Type
- 5 Market Size Segment by Application
- 6 North America
- 7 Europe
- 8 Asia-Pacific
- 9 South America
- 10 Middle East & Africa
- 11 Market Dynamics
- 12 Industry Chain Analysis
- 13 Research Findings and Conclusion
- 14 Appendix
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