Abstract
Summary
The report incorporates the study of the global truck platooning market and focuses on truck platooning technology and recent developments in the field to understand the initial rollout of this technology.
Linking two or more trucks together in a single convoy is known as truck platooning. The technology behind truck platooning utilizes connectivity technologies in conjunction with increasingly advanced driving assistance and autonomous driving technology. When using truck platooning, the individual trucks in the platoon will automatically keep the same speed and distance from one another as they travel together. When driving in a truck platoon, the truck in front functions as the leader while the other trucks in the group follow the truck in front of them and replicate their motion as well as speed. The drivers of the vehicles who are following the lead vehicle have the option to enter or exit the platoon at any time throughout the maneuver and continue driving independently.
This growth is driven by factors like strengthening government rules and regulations. The logistics industry relies heavily on road transportation for the transportation of products. The sector is responsible for a huge amount of pollution emitted into the atmosphere. Legislative bodies worldwide are passing legislation to control and restrict pollution in order to address this issue. The United States Environmental Protection Agency (EPA) published a proposal in April 2023 to reduce the harmful emissions that come from light- and medium-duty commercial vehicles, which is applicable to cars and trucks; the proposal prompted the use of clean car technology to limit the pollution from vehicles to improve health and reduce fuel consumption.
Factors such as strengthening government rules and regulations for the transportation industry, reducing fuel consumption, and increasing road safety and Strategic collaboration between industry players and private-public partnerships are resulting in market expansion. However, high costs, new vehicle and infrastructure requirements, and rising security and privacy concerns hinder market growth.
Further, the production of fully autonomous trucks for platooning and Extension in size of the truck platooning fleet provides remarkable growth opportunities for players operating in the market.
For the purpose of analysis, the global truck platooning market is segmented on the basis of component, platooning type, technology, and communication technology. Based on components, the market is segmented into hardware and software. On the basis of platooning type, the market is segmented into driver-assisted truck platooning (DATP) and autonomous truck platooning. Based on technology, the market has been bifurcated into adaptive cruise control (ACC), blind spot warning (BSW), forward collision avoidance, active brake assist, lane keep assist (LKA), and others. On the basis of communication technology, the market has been segmented into vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I). By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The leading players operating in the truck platooning market are AB Volvo, Continental AG, Mercedes-Benz Group AG (former Daimler AG), Peloton Technology, LLC, Robert Bosch GmbH, Scania AB, TOYOTA MOTOR CORPORATION, Bendix Corporation, DAF Trucks N.V and IVECO S.P.A.
Key Benefits For Stakeholders
●This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the truck platooning market analysis from 2025 to 2035 to identify the prevailing truck platooning market opportunities.
●The market research is offered along with information related to key drivers, restraints, and opportunities.
●Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
●In-depth analysis of the truck platooning market segmentation assists to determine the prevailing market opportunities.
●Major countries in each region are mapped according to their revenue contribution to the global market.
●Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
●The report includes the analysis of the regional as well as global truck platooning market trends, key players, market segments, application areas, and market growth strategies.
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● Market share analysis of players at global/region/country level
● SWOT Analysis
Key Market Segments
By Technology
● Active Brake Assist
● Lane Keep Assist (LKA)
● Others
● Adaptive Cruise Control (ACC)
● Blind Spot Warning (BSW)
● Forward Collision Avoidance
By Component
● Hardware
● Software
By Platooning Type
● Driver-Assistive Truck Platooning (DATP)
● Autonomous Truck Platooning
By Communication Technology
● Vehicle-to-Vehicle (V2V)
● Vehicle-to-Infrastructure (V2I)
By Region
● North America
○ U.S.
○ Canada
○ Mexico
● Europe
○ Germany
○ France
○ UK
○ Russia
○ Rest of Europe
● Asia-Pacific
○ China
○ Japan
○ India
○ South Korea
○ Rest of Asia-Pacific
● LAMEA
○ Latin America
○ Middle East
○ Africa
● Key Market Players
○ IVECO S.P.A
○ Mercedes-Benz Group AG (former Daimler AG)
○ Peloton Technology, LLC
○ DAF Trucks N.V
○ Bendix Corporation
○ Continental AG
○ Scania AB.
○ Robert Bosch GmbH
○ TOYOTA MOTOR CORPORATION
○ AB Volvo
Table of Contents
1 INTRODUCTION
1.1 Report description
1.2 Key market segments
1.3 Key benefits to the stakeholders
1.4 Research methodology
1.4.1 Primary research
1.4.2 Secondary research
1.4.3 Analyst tools and models
2 EXECUTIVE SUMMARY
2.1 CXO Perspective
3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top impacting factors
3.2.2 Top investment pockets
3.3 Porter’s five forces analysis
3.3.1 Low bargaining power of suppliers
3.3.2 Moderate threat of new entrants
3.3.3 Low threat of substitutes
3.3.4 Moderate intensity of rivalry
3.3.5 High bargaining power of buyers
3.4 Market dynamics
3.4.1 Drivers
- 3.4.1.1 Strengthening government rules and regulations for the transportation industry
- 3.4.1.2 Reduction in fuel consumption and increase in road safety
- 3.4.1.3 Strategic collaboration between industry players and private-public partnerships resulting in market expansion
3.4.2 Restraints
- 3.4.2.1 High Cost and New vehicle and infrastructure requirements
- 3.4.2.2 Rise in security and privacy concerns
3.4.3 Opportunities
- 3.4.3.1 Production of fully autonomous trucks for platooning
- 3.4.3.2 Extension in size of truck platooning fleet
4 TRUCK PLATOONING MARKET, BY COMPONENT
4.1 Overview
4.1.1 Market size and forecast
4.2 Hardware
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Software
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
5 TRUCK PLATOONING MARKET, BY PLATOONING TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 Driver-Assistive Truck Platooning (DATP)
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 Autonomous Truck Platooning
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
6 TRUCK PLATOONING MARKET, BY TECHNOLOGY
6.1 Overview
6.1.1 Market size and forecast
6.2 Adaptive Cruise Control (ACC)
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Blind Spot Warning (BSW)
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4 Forward Collision Avoidance
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country
6.5 Active Brake Assist
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market share analysis by country
6.6 Lane Keep Assist (LKA)
6.6.1 Key market trends, growth factors and opportunities
6.6.2 Market size and forecast, by region
6.6.3 Market share analysis by country
6.7 Others
6.7.1 Key market trends, growth factors and opportunities
6.7.2 Market size and forecast, by region
6.7.3 Market share analysis by country
7 TRUCK PLATOONING MARKET, BY COMMUNICATION TECHNOLOGY
7.1 Overview
7.1.1 Market size and forecast
7.2 Vehicle-to-Vehicle (V2V)
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market share analysis by country
7.3 Vehicle-to-Infrastructure (V2I)
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market share analysis by country
8 TRUCK PLATOONING MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast By Region
8.2 North America
8.2.1 Key market trends, growth factors and opportunities
8.2.2 Market size and forecast, by Component
8.2.3 Market size and forecast, by Platooning Type
8.2.4 Market size and forecast, by Technology
8.2.5 Market size and forecast, by Communication Technology
8.2.6 Market size and forecast, by country
- 8.2.6.1 U.S
- 8.2.6.1.1 Market size and forecast, by Component
- 8.2.6.1.2 Market size and forecast, by Platooning Type
- 8.2.6.1.3 Market size and forecast, by Technology
- 8.2.6.1.4 Market size and forecast, by Communication Technology
- 8.2.6.2 Canada
- 8.2.6.2.1 Market size and forecast, by Component
- 8.2.6.2.2 Market size and forecast, by Platooning Type
- 8.2.6.2.3 Market size and forecast, by Technology
- 8.2.6.2.4 Market size and forecast, by Communication Technology
- 8.2.6.3 Mexico
- 8.2.6.3.1 Market size and forecast, by Component
- 8.2.6.3.2 Market size and forecast, by Platooning Type
- 8.2.6.3.3 Market size and forecast, by Technology
- 8.2.6.3.4 Market size and forecast, by Communication Technology
- 8.2.6.1 U.S
8.3 Europe
8.3.1 Key market trends, growth factors and opportunities
8.3.2 Market size and forecast, by Component
8.3.3 Market size and forecast, by Platooning Type
8.3.4 Market size and forecast, by Technology
8.3.5 Market size and forecast, by Communication Technology
8.3.6 Market size and forecast, by country
- 8.3.6.1 Germany
- 8.3.6.1.1 Market size and forecast, by Component
- 8.3.6.1.2 Market size and forecast, by Platooning Type
- 8.3.6.1.3 Market size and forecast, by Technology
- 8.3.6.1.4 Market size and forecast, by Communication Technology
- 8.3.6.2 France
- 8.3.6.2.1 Market size and forecast, by Component
- 8.3.6.2.2 Market size and forecast, by Platooning Type
- 8.3.6.2.3 Market size and forecast, by Technology
- 8.3.6.2.4 Market size and forecast, by Communication Technology
- 8.3.6.3 UK
- 8.3.6.3.1 Market size and forecast, by Component
- 8.3.6.3.2 Market size and forecast, by Platooning Type
- 8.3.6.3.3 Market size and forecast, by Technology
- 8.3.6.3.4 Market size and forecast, by Communication Technology
- 8.3.6.4 Russia
- 8.3.6.4.1 Market size and forecast, by Component
- 8.3.6.4.2 Market size and forecast, by Platooning Type
- 8.3.6.4.3 Market size and forecast, by Technology
- 8.3.6.4.4 Market size and forecast, by Communication Technology
- 8.3.6.5 Rest of Europe
- 8.3.6.5.1 Market size and forecast, by Component
- 8.3.6.5.2 Market size and forecast, by Platooning Type
- 8.3.6.5.3 Market size and forecast, by Technology
- 8.3.6.5.4 Market size and forecast, by Communication Technology
- 8.3.6.1 Germany
8.4 Asia-Pacific
8.4.1 Key market trends, growth factors and opportunities
8.4.2 Market size and forecast, by Component
8.4.3 Market size and forecast, by Platooning Type
8.4.4 Market size and forecast, by Technology
8.4.5 Market size and forecast, by Communication Technology
8.4.6 Market size and forecast, by country
- 8.4.6.1 China
- 8.4.6.1.1 Market size and forecast, by Component
- 8.4.6.1.2 Market size and forecast, by Platooning Type
- 8.4.6.1.3 Market size and forecast, by Technology
- 8.4.6.1.4 Market size and forecast, by Communication Technology
- 8.4.6.2 Japan
- 8.4.6.2.1 Market size and forecast, by Component
- 8.4.6.2.2 Market size and forecast, by Platooning Type
- 8.4.6.2.3 Market size and forecast, by Technology
- 8.4.6.2.4 Market size and forecast, by Communication Technology
- 8.4.6.3 India
- 8.4.6.3.1 Market size and forecast, by Component
- 8.4.6.3.2 Market size and forecast, by Platooning Type
- 8.4.6.3.3 Market size and forecast, by Technology
- 8.4.6.3.4 Market size and forecast, by Communication Technology
- 8.4.6.4 South Korea
- 8.4.6.4.1 Market size and forecast, by Component
- 8.4.6.4.2 Market size and forecast, by Platooning Type
- 8.4.6.4.3 Market size and forecast, by Technology
- 8.4.6.4.4 Market size and forecast, by Communication Technology
- 8.4.6.5 Rest of Asia-Pacific
- 8.4.6.5.1 Market size and forecast, by Component
- 8.4.6.5.2 Market size and forecast, by Platooning Type
- 8.4.6.5.3 Market size and forecast, by Technology
- 8.4.6.5.4 Market size and forecast, by Communication Technology
- 8.4.6.1 China
8.5 LAMEA
8.5.1 Key market trends, growth factors and opportunities
8.5.2 Market size and forecast, by Component
8.5.3 Market size and forecast, by Platooning Type
8.5.4 Market size and forecast, by Technology
8.5.5 Market size and forecast, by Communication Technology
8.5.6 Market size and forecast, by country
- 8.5.6.1 Latin America
- 8.5.6.1.1 Market size and forecast, by Component
- 8.5.6.1.2 Market size and forecast, by Platooning Type
- 8.5.6.1.3 Market size and forecast, by Technology
- 8.5.6.1.4 Market size and forecast, by Communication Technology
- 8.5.6.2 Middle East
- 8.5.6.2.1 Market size and forecast, by Component
- 8.5.6.2.2 Market size and forecast, by Platooning Type
- 8.5.6.2.3 Market size and forecast, by Technology
- 8.5.6.2.4 Market size and forecast, by Communication Technology
- 8.5.6.3 Africa
- 8.5.6.3.1 Market size and forecast, by Component
- 8.5.6.3.2 Market size and forecast, by Platooning Type
- 8.5.6.3.3 Market size and forecast, by Technology
- 8.5.6.3.4 Market size and forecast, by Communication Technology
- 8.5.6.1 Latin America
9 COMPETITIVE LANDSCAPE
9.1 Introduction
9.2 Top winning strategies
9.3 Product mapping of top 10 player
9.4 Competitive dashboard
9.5 Competitive heatmap
9.6 Top player positioning, 2025
10 COMPANY PROFILES
10.1 AB Volvo
10.1.1 Company overview
10.1.2 Key executives
10.1.3 Company snapshot
10.1.4 Operating business segments
10.1.5 Product portfolio
10.1.6 Business performance
10.2 Bendix Corporation
10.2.1 Company overview
10.2.2 Key executives
10.2.3 Company snapshot
10.2.4 Operating business segments
10.2.5 Product portfolio
10.2.6 Business performance
10.3 Continental AG
10.3.1 Company overview
10.3.2 Key executives
10.3.3 Company snapshot
10.3.4 Operating business segments
10.3.5 Product portfolio
10.3.6 Business performance
10.4 DAF Trucks N.V
10.4.1 Company overview
10.4.2 Key executives
10.4.3 Company snapshot
10.4.4 Operating business segments
10.4.5 Product portfolio
10.4.6 Business performance
10.5 IVECO S.P.A
10.5.1 Company overview
10.5.2 Key executives
10.5.3 Company snapshot
10.5.4 Operating business segments
10.5.5 Product portfolio
10.5.6 Business performance
10.5.7 Key strategic moves and developments
10.6 Mercedes-Benz Group AG (former Daimler AG)
10.6.1 Company overview
10.6.2 Key executives
10.6.3 Company snapshot
10.6.4 Operating business segments
10.6.5 Product portfolio
10.6.6 Business performance
10.7 Peloton Technology, LLC
10.7.1 Company overview
10.7.2 Key executives
10.7.3 Company snapshot
10.7.4 Operating business segments
10.7.5 Product portfolio
10.8 Robert Bosch GmbH
10.8.1 Company overview
10.8.2 Key executives
10.8.3 Company snapshot
10.8.4 Operating business segments
10.8.5 Product portfolio
10.8.6 Business performance
10.9 Scania AB
10.9.1 Company overview
10.9.2 Key executives
10.9.3 Company snapshot
10.9.4 Operating business segments
10.9.5 Product portfolio
10.9.6 Business performance
10.10 TOYOTA MOTOR CORPORATION
10.10.1 Company overview
10.10.2 Key executives
10.10.3 Company snapshot
10.10.4 Operating business segments
10.10.5 Product portfolio
10.10.6 Business performance