Truck Platooning Market

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), and Others), By Platooning Type (Driver-Assistive Tuck Platooning (DATP), Autonomous Truck Platooning), By Communication Technology (V2I (Vehicle-to-infrastructure), V2V (Vehicle-to-vehicle), and V2X (Vehicle-to-everything)), And By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa))- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030

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 (2023–2030), considering 2022 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
Detailed Segmentation:
  • 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, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Adaptive Cruise Control (ACC)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Blind Spot Warning (BSW)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Global Positioning System (GPS)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Forward Collision Warning (FCW)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Lane Keep Assist (LKA)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
6. Global Truck Platooning Market , By Platooning Type, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Driver-Assistive Tuck Platooning (DATP)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Autonomous Truck Platooning
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
7. Global Truck Platooning Market , By Communication Technology, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
V2I (Vehicle-to-infrastructure)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
V2V (Vehicle-to-vehicle)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
V2X(Vehicle-to-everything)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
8. Global Truck Platooning Market , By Region, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2023–2028
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Platooning Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Communication Technology, 2017-2030,(US$ Bn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Platooning Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Communication Technology, 2017-2030,(US$ Bn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Platooning Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Communication Technology, 2017-2030,(US$ Bn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Platooning Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Communication Technology, 2017-2030,(US$ Bn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Platooning Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Communication Technology, 2017-2030,(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 203

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