Platooning Truck Market, Global Outlook and Forecast 2024-2030
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.
