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.
This report aims to provide a comprehensive presentation of the global market for Platooning Truck, 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 Platooning Truck. This report contains market size and forecasts of Platooning Truck in global, including the following market information:
Global Platooning Truck Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global top five companies in 2023 (%)
The global Platooning Truck market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is to reach $ Million.
Vehicle to Vehicle (V2V) Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Platooning Truck include Peleton Technology, Daimler AG, Scania, Navistar, MAN Truck and Bus, IVECO, Volvo, Paccar and Tomtom, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
We surveyed the Platooning Truck companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Platooning Truck Market, by Type, 2019-2024, 2025-2030 ($ millions)
Global Platooning Truck Market Segment Percentages, by Type, 2023 (%)
Vehicle to Vehicle (V2V)
Vehicle to Device (V2D)
Vehicle to Infrastructure (V2I)
Global Platooning Truck Market, by Application, 2019-2024, 2025-2030 ($ millions)
Global Platooning Truck Market Segment Percentages, by Application, 2023 (%)
Passenger Vehicle
Commercial Vehicle
Global Platooning Truck Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions)
Global Platooning Truck Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Platooning Truck revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Platooning Truck revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Peleton Technology
Daimler AG
Scania
Navistar
MAN Truck and Bus
IVECO
Volvo
Paccar
Tomtom
Hyundai
Continental
Delphi
Hino
Meritor Wabco
Outline of Major Chapters:
Chapter 1: Introduces the definition of Platooning Truck, market overview.
Chapter 2: Global Platooning Truck market size in revenue.
Chapter 3: Detailed analysis of Platooning Truck company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by 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 6: Sales of Platooning Truck in regional level and country level. 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Platooning Truck Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Platooning Truck Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Platooning Truck Overall Market Size
2.1 Global Platooning Truck Market Size: 2023 VS 2030
2.2 Global Platooning Truck Market Size, Prospects & Forecasts: 2019-2030
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Platooning Truck Players in Global Market
3.2 Top Global Platooning Truck Companies Ranked by Revenue
3.3 Global Platooning Truck Revenue by Companies
3.4 Top 3 and Top 5 Platooning Truck Companies in Global Market, by Revenue in 2023
3.5 Global Companies Platooning Truck Product Type
3.6 Tier 1, Tier 2 and Tier 3 Platooning Truck Players in Global Market
3.6.1 List of Global Tier 1 Platooning Truck Companies
3.6.2 List of Global Tier 2 and Tier 3 Platooning Truck Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Platooning Truck Market Size Markets, 2023 & 2030
4.1.2 Vehicle to Vehicle (V2V)
4.1.3 Vehicle to Device (V2D)
4.1.4 Vehicle to Infrastructure (V2I)
4.2 By Type - Global Platooning Truck Revenue & Forecasts
4.2.1 By Type - Global Platooning Truck Revenue, 2019-2024
4.2.2 By Type - Global Platooning Truck Revenue, 2025-2030
4.2.3 By Type - Global Platooning Truck Revenue Market Share, 2019-2030
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Platooning Truck Market Size, 2023 & 2030
5.1.2 Passenger Vehicle
5.1.3 Commercial Vehicle
5.2 By Application - Global Platooning Truck Revenue & Forecasts
5.2.1 By Application - Global Platooning Truck Revenue, 2019-2024
5.2.2 By Application - Global Platooning Truck Revenue, 2025-2030
5.2.3 By Application - Global Platooning Truck Revenue Market Share, 2019-2030
6 Sights by Region
6.1 By Region - Global Platooning Truck Market Size, 2023 & 2030
6.2 By Region - Global Platooning Truck Revenue & Forecasts
6.2.1 By Region - Global Platooning Truck Revenue, 2019-2024
6.2.2 By Region - Global Platooning Truck Revenue, 2025-2030
6.2.3 By Region - Global Platooning Truck Revenue Market Share, 2019-2030
6.3 North America
6.3.1 By Country - North America Platooning Truck Revenue, 2019-2030
6.3.2 US Platooning Truck Market Size, 2019-2030
6.3.3 Canada Platooning Truck Market Size, 2019-2030
6.3.4 Mexico Platooning Truck Market Size, 2019-2030
6.4 Europe
6.4.1 By Country - Europe Platooning Truck Revenue, 2019-2030
6.4.2 Germany Platooning Truck Market Size, 2019-2030
6.4.3 France Platooning Truck Market Size, 2019-2030
6.4.4 U.K. Platooning Truck Market Size, 2019-2030
6.4.5 Italy Platooning Truck Market Size, 2019-2030
6.4.6 Russia Platooning Truck Market Size, 2019-2030
6.4.7 Nordic Countries Platooning Truck Market Size, 2019-2030
6.4.8 Benelux Platooning Truck Market Size, 2019-2030
6.5 Asia
6.5.1 By Region - Asia Platooning Truck Revenue, 2019-2030
6.5.2 China Platooning Truck Market Size, 2019-2030
6.5.3 Japan Platooning Truck Market Size, 2019-2030
6.5.4 South Korea Platooning Truck Market Size, 2019-2030
6.5.5 Southeast Asia Platooning Truck Market Size, 2019-2030
6.5.6 India Platooning Truck Market Size, 2019-2030
6.6 South America
6.6.1 By Country - South America Platooning Truck Revenue, 2019-2030
6.6.2 Brazil Platooning Truck Market Size, 2019-2030
6.6.3 Argentina Platooning Truck Market Size, 2019-2030
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Platooning Truck Revenue, 2019-2030
6.7.2 Turkey Platooning Truck Market Size, 2019-2030
6.7.3 Israel Platooning Truck Market Size, 2019-2030
6.7.4 Saudi Arabia Platooning Truck Market Size, 2019-2030
6.7.5 UAE Platooning Truck Market Size, 2019-2030
7 Platooning Truck Companies Profiles
7.1 Peleton Technology
7.1.1 Peleton Technology Company Summary
7.1.2 Peleton Technology Business Overview
7.1.3 Peleton Technology Platooning Truck Major Product Offerings
7.1.4 Peleton Technology Platooning Truck Revenue in Global Market (2019-2024)
7.1.5 Peleton Technology Key News & Latest Developments
7.2 Daimler AG
7.2.1 Daimler AG Company Summary
7.2.2 Daimler AG Business Overview
7.2.3 Daimler AG Platooning Truck Major Product Offerings
7.2.4 Daimler AG Platooning Truck Revenue in Global Market (2019-2024)
7.2.5 Daimler AG Key News & Latest Developments
7.3 Scania
7.3.1 Scania Company Summary
7.3.2 Scania Business Overview
7.3.3 Scania Platooning Truck Major Product Offerings
7.3.4 Scania Platooning Truck Revenue in Global Market (2019-2024)
7.3.5 Scania Key News & Latest Developments
7.4 Navistar
7.4.1 Navistar Company Summary
7.4.2 Navistar Business Overview
7.4.3 Navistar Platooning Truck Major Product Offerings
7.4.4 Navistar Platooning Truck Revenue in Global Market (2019-2024)
7.4.5 Navistar Key News & Latest Developments
7.5 MAN Truck and Bus
7.5.1 MAN Truck and Bus Company Summary
7.5.2 MAN Truck and Bus Business Overview
7.5.3 MAN Truck and Bus Platooning Truck Major Product Offerings
7.5.4 MAN Truck and Bus Platooning Truck Revenue in Global Market (2019-2024)
7.5.5 MAN Truck and Bus Key News & Latest Developments
7.6 IVECO
7.6.1 IVECO Company Summary
7.6.2 IVECO Business Overview
7.6.3 IVECO Platooning Truck Major Product Offerings
7.6.4 IVECO Platooning Truck Revenue in Global Market (2019-2024)
7.6.5 IVECO Key News & Latest Developments
7.7 Volvo
7.7.1 Volvo Company Summary
7.7.2 Volvo Business Overview
7.7.3 Volvo Platooning Truck Major Product Offerings
7.7.4 Volvo Platooning Truck Revenue in Global Market (2019-2024)
7.7.5 Volvo Key News & Latest Developments
7.8 Paccar
7.8.1 Paccar Company Summary
7.8.2 Paccar Business Overview
7.8.3 Paccar Platooning Truck Major Product Offerings
7.8.4 Paccar Platooning Truck Revenue in Global Market (2019-2024)
7.8.5 Paccar Key News & Latest Developments
7.9 Tomtom
7.9.1 Tomtom Company Summary
7.9.2 Tomtom Business Overview
7.9.3 Tomtom Platooning Truck Major Product Offerings
7.9.4 Tomtom Platooning Truck Revenue in Global Market (2019-2024)
7.9.5 Tomtom Key News & Latest Developments
7.10 Hyundai
7.10.1 Hyundai Company Summary
7.10.2 Hyundai Business Overview
7.10.3 Hyundai Platooning Truck Major Product Offerings
7.10.4 Hyundai Platooning Truck Revenue in Global Market (2019-2024)
7.10.5 Hyundai Key News & Latest Developments
7.11 Continental
7.11.1 Continental Company Summary
7.11.2 Continental Business Overview
7.11.3 Continental Platooning Truck Major Product Offerings
7.11.4 Continental Platooning Truck Revenue in Global Market (2019-2024)
7.11.5 Continental Key News & Latest Developments
7.12 Delphi
7.12.1 Delphi Company Summary
7.12.2 Delphi Business Overview
7.12.3 Delphi Platooning Truck Major Product Offerings
7.12.4 Delphi Platooning Truck Revenue in Global Market (2019-2024)
7.12.5 Delphi Key News & Latest Developments
7.13 Hino
7.13.1 Hino Company Summary
7.13.2 Hino Business Overview
7.13.3 Hino Platooning Truck Major Product Offerings
7.13.4 Hino Platooning Truck Revenue in Global Market (2019-2024)
7.13.5 Hino Key News & Latest Developments
7.14 Meritor Wabco
7.14.1 Meritor Wabco Company Summary
7.14.2 Meritor Wabco Business Overview
7.14.3 Meritor Wabco Platooning Truck Major Product Offerings
7.14.4 Meritor Wabco Platooning Truck Revenue in Global Market (2019-2024)
7.14.5 Meritor Wabco Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Platooning Truck Market Opportunities & Trends in Global Market
Table 2. Platooning Truck Market Drivers in Global Market
Table 3. Platooning Truck Market Restraints in Global Market
Table 4. Key Players of Platooning Truck in Global Market
Table 5. Top Platooning Truck Players in Global Market, Ranking by Revenue (2023)
Table 6. Global Platooning Truck Revenue by Companies, (US$, Mn), 2019-2024
Table 7. Global Platooning Truck Revenue Share by Companies, 2019-2024
Table 8. Global Companies Platooning Truck Product Type
Table 9. List of Global Tier 1 Platooning Truck Companies, Revenue (US$, Mn) in 2023 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Platooning Truck Companies, Revenue (US$, Mn) in 2023 and Market Share
Table 11. By Type ? Global Platooning Truck Revenue, (US$, Mn), 2023 & 2030
Table 12. By Type - Platooning Truck Revenue in Global (US$, Mn), 2019-2024
Table 13. By Type - Platooning Truck Revenue in Global (US$, Mn), 2025-2030
Table 14. By Application ? Global Platooning Truck Revenue, (US$, Mn), 2023 & 2030
Table 15. By Application - Platooning Truck Revenue in Global (US$, Mn), 2019-2024
Table 16. By Application - Platooning Truck Revenue in Global (US$, Mn), 2025-2030
Table 17. By Region ? Global Platooning Truck Revenue, (US$, Mn), 2023 & 2030
Table 18. By Region - Global Platooning Truck Revenue (US$, Mn), 2019-2024
Table 19. By Region - Global Platooning Truck Revenue (US$, Mn), 2025-2030
Table 20. By Country - North America Platooning Truck Revenue, (US$, Mn), 2019-2024
Table 21. By Country - North America Platooning Truck Revenue, (US$, Mn), 2025-2030
Table 22. By Country - Europe Platooning Truck Revenue, (US$, Mn), 2019-2024
Table 23. By Country - Europe Platooning Truck Revenue, (US$, Mn), 2025-2030
Table 24. By Region - Asia Platooning Truck Revenue, (US$, Mn), 2019-2024
Table 25. By Region - Asia Platooning Truck Revenue, (US$, Mn), 2025-2030
Table 26. By Country - South America Platooning Truck Revenue, (US$, Mn), 2019-2024
Table 27. By Country - South America Platooning Truck Revenue, (US$, Mn), 2025-2030
Table 28. By Country - Middle East & Africa Platooning Truck Revenue, (US$, Mn), 2019-2024
Table 29. By Country - Middle East & Africa Platooning Truck Revenue, (US$, Mn), 2025-2030
Table 30. Peleton Technology Company Summary
Table 31. Peleton Technology Platooning Truck Product Offerings
Table 32. Peleton Technology Platooning Truck Revenue (US$, Mn) & (2019-2024)
Table 33. Peleton Technology Key News & Latest Developments
Table 34. Daimler AG Company Summary
Table 35. Daimler AG Platooning Truck Product Offerings
Table 36. Daimler AG Platooning Truck Revenue (US$, Mn) & (2019-2024)
Table 37. Daimler AG Key News & Latest Developments
Table 38. Scania Company Summary
Table 39. Scania Platooning Truck Product Offerings
Table 40. Scania Platooning Truck Revenue (US$, Mn) & (2019-2024)
Table 41. Scania Key News & Latest Developments
Table 42. Navistar Company Summary
Table 43. Navistar Platooning Truck Product Offerings
Table 44. Navistar Platooning Truck Revenue (US$, Mn) & (2019-2024)
Table 45. Navistar Key News & Latest Developments
Table 46. MAN Truck and Bus Company Summary
Table 47. MAN Truck and Bus Platooning Truck Product Offerings
Table 48. MAN Truck and Bus Platooning Truck Revenue (US$, Mn) & (2019-2024)
Table 49. MAN Truck and Bus Key News & Latest Developments
Table 50. IVECO Company Summary
Table 51. IVECO Platooning Truck Product Offerings
Table 52. IVECO Platooning Truck Revenue (US$, Mn) & (2019-2024)
Table 53. IVECO Key News & Latest Developments
Table 54. Volvo Company Summary
Table 55. Volvo Platooning Truck Product Offerings
Table 56. Volvo Platooning Truck Revenue (US$, Mn) & (2019-2024)
Table 57. Volvo Key News & Latest Developments
Table 58. Paccar Company Summary
Table 59. Paccar Platooning Truck Product Offerings
Table 60. Paccar Platooning Truck Revenue (US$, Mn) & (2019-2024)
Table 61. Paccar Key News & Latest Developments
Table 62. Tomtom Company Summary
Table 63. Tomtom Platooning Truck Product Offerings
Table 64. Tomtom Platooning Truck Revenue (US$, Mn) & (2019-2024)
Table 65. Tomtom Key News & Latest Developments
Table 66. Hyundai Company Summary
Table 67. Hyundai Platooning Truck Product Offerings
Table 68. Hyundai Platooning Truck Revenue (US$, Mn) & (2019-2024)
Table 69. Hyundai Key News & Latest Developments
Table 70. Continental Company Summary
Table 71. Continental Platooning Truck Product Offerings
Table 72. Continental Platooning Truck Revenue (US$, Mn) & (2019-2024)
Table 73. Continental Key News & Latest Developments
Table 74. Delphi Company Summary
Table 75. Delphi Platooning Truck Product Offerings
Table 76. Delphi Platooning Truck Revenue (US$, Mn) & (2019-2024)
Table 77. Delphi Key News & Latest Developments
Table 78. Hino Company Summary
Table 79. Hino Platooning Truck Product Offerings
Table 80. Hino Platooning Truck Revenue (US$, Mn) & (2019-2024)
Table 81. Hino Key News & Latest Developments
Table 82. Meritor Wabco Company Summary
Table 83. Meritor Wabco Platooning Truck Product Offerings
Table 84. Meritor Wabco Platooning Truck Revenue (US$, Mn) & (2019-2024)
Table 85. Meritor Wabco Key News & Latest Developments
List of Figures
Figure 1. Platooning Truck Segment by Type in 2023
Figure 2. Platooning Truck Segment by Application in 2023
Figure 3. Global Platooning Truck Market Overview: 2023
Figure 4. Key Caveats
Figure 5. Global Platooning Truck Market Size: 2023 VS 2030 (US$, Mn)
Figure 6. Global Platooning Truck Revenue, 2019-2030 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Platooning Truck Revenue in 2023
Figure 8. By Type - Global Platooning Truck Revenue Market Share, 2019-2030
Figure 9. By Application - Global Platooning Truck Revenue Market Share, 2019-2030
Figure 10. By Type - Global Platooning Truck Revenue, (US$, Mn), 2023 & 2030
Figure 11. By Type - Global Platooning Truck Revenue Market Share, 2019-2030
Figure 12. By Application - Global Platooning Truck Revenue, (US$, Mn), 2023 & 2030
Figure 13. By Application - Global Platooning Truck Revenue Market Share, 2019-2030
Figure 14. By Region - Global Platooning Truck Revenue Market Share, 2019-2030
Figure 15. By Country - North America Platooning Truck Revenue Market Share, 2019-2030
Figure 16. US Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 17. Canada Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 18. Mexico Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 19. By Country - Europe Platooning Truck Revenue Market Share, 2019-2030
Figure 20. Germany Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 21. France Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 22. U.K. Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 23. Italy Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 24. Russia Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 25. Nordic Countries Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 26. Benelux Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 27. By Region - Asia Platooning Truck Revenue Market Share, 2019-2030
Figure 28. China Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 29. Japan Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 30. South Korea Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 31. Southeast Asia Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 32. India Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 33. By Country - South America Platooning Truck Revenue Market Share, 2019-2030
Figure 34. Brazil Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 35. Argentina Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 36. By Country - Middle East & Africa Platooning Truck Revenue Market Share, 2019-2030
Figure 37. Turkey Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 38. Israel Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 39. Saudi Arabia Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 40. UAE Platooning Truck Revenue, (US$, Mn), 2019-2030
Figure 41. Peleton Technology Platooning Truck Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 42. Daimler AG Platooning Truck Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 43. Scania Platooning Truck Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 44. Navistar Platooning Truck Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 45. MAN Truck and Bus Platooning Truck Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 46. IVECO Platooning Truck Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 47. Volvo Platooning Truck Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 48. Paccar Platooning Truck Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 49. Tomtom Platooning Truck Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 50. Hyundai Platooning Truck Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 51. Continental Platooning Truck Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 52. Delphi Platooning Truck Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 53. Hino Platooning Truck Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 54. Meritor Wabco Platooning Truck Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
