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PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1485720

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PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1485720

Truck Platooning Market, By Technology, By Component, By Sensor, By Communication Technology, By Platooning Type, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2024-2032

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REPORT HIGHLIGHT

Truck Platooning Market size was valued at USD 1,455.12 Million in 2023, expanding at a CAGR of 9.1% from 2024 to 2032.

Truck platooning is an advanced technique that involves aligning multiple vehicles closely on a highway to enhance road safety, reduce fuel consumption, and improve overall efficiency. Companies are combining connected vehicle technology and automation to achieve these benefits. In a truck platoon, the lead truck sets the pace while the following trucks mimic its movements and speed.

Truck Platooning Market- Market Dynamics

Stringent government regulations governing the transportation industry to propel market demand

The market for Truck Platooning is driven by stringent government regulations governing the transportation industry. Given that the transportation sector contributes significantly to global pollution, with a major portion of greenhouse gas emissions originating from trucks and other logistics vehicles, governments worldwide have implemented regulations to mitigate vehicle emissions. For instance, the European Emission Standards, or Euro Norms, impose limits on vehicle pollutants and promote the adoption of cleaner and fuel-efficient automotive technologies. Moreover, authorities in the region are increasingly endorsing truck platooning technology to curb fuel consumption and reduce pollution. As platooning vehicles travel closely together, they minimize air resistance for the following truck by approximately 40%, resulting in a roughly 10% reduction in carbon dioxide (CO2) emissions per mile traveled.

Truck Platooning Market- Key Insights

As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 9.1% over the forecast period (2024-2032)

Based on technology segmentation, adaptive cruise control was predicted to show maximum market share in the year 2023

Based on sensor segmentation, radar was the leading type in 2023

Based on region, North America was the leading revenue generator in 2023

Truck Platooning Market- Segmentation Analysis:

The Global Truck Platooning Market is segmented based on Technology, Component, Sensor, Communication Technology, Platooning Type, and Region.

The market is divided into six categories based on Technology: Active Brake Assist, Adaptive Cruise Control (ACC), Forward Collision Avoidance, Blind Spot Warning (BSW), Lane Keep Assist (LKA), and Others. In 2023, the adaptive cruise control segment dominates the market. This pivotal technology has become indispensable for truck platooning operations, offering a sophisticated solution to optimize efficiency and safety on the roads. Through seamless vehicle-to-vehicle communication, adaptive cruise control empowers automation, allowing trucks to maintain optimal speeds while traversing highways. Its integration into truck platooning systems signifies a significant leap forward in transportation technology, heralding a future where vehicles work together harmoniously to enhance overall traffic flow and mitigate risks on the road.

The market is divided into three categories based on sensor: image, Lidar and radar. In 2023, the radar segment emerged as the dominating segment. This segment's dominance underscores the growing need for robust safety measures in truck platooning operations. RADAR-based collision mitigation systems play a crucial role in enhancing driver assistance systems, offering advanced capabilities to mitigate potential collisions and ensure road safety. With the increasing adoption of driver assistance technologies in truck platooning, the demand for RADAR-based collision mitigation solutions has surged, reflecting a collective commitment to fostering a safer and more efficient transportation ecosystem.

Truck Platooning Market- Geographical Insights

Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.

Truck Platooning Market- Competitive Landscape:

To maintain their dominant market position in truck platooning, companies prioritize continuous innovation. Moreover, key players are allocating resources to research aimed at enhancing technology, such as communication systems and convoy management algorithms. The development of flexible solutions compatible with a variety of fleets ensures widespread market acceptance. Strategic partnerships with truck manufacturers and regulatory authorities play a pivotal role in shaping industry standards and addressing regulatory concerns, thereby ensuring sustained leadership in the landscape of freight transportation.

Recent Developments:

In November 2021, Horiba MIRA confirmed its partnership with GNSS specialist GMV NSL to develop new and improved passenger car platooning solutions for the European Space Agency (ESA), advanced into a live trials phase in Q1 2022. These trials encompassed both simulated and physical testing, marking a significant step forward in the development of innovative platooning solutions.

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

GLOBAL TRUCK PLATOONING MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHT

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

IVECO S.P.A.

Others

GLOBAL TRUCK PLATOONING MARKET, BY TECHNOLOGY - MARKET ANALYSIS, 2019 - 2032

  • Active Brake Assist
  • Adaptive Cruise Control (ACC)
  • Forward Collision Avoidance
  • Blind Spot Warning (BSW)
  • Lane Keep Assist (LKA)
  • Others

GLOBAL TRUCK PLATOONING MARKET, BY COMPONENT- MARKET ANALYSIS, 2019 - 2032

  • Hardware
  • Software

GLOBAL TRUCK PLATOONING MARKET, BY SENSOR- MARKET ANALYSIS, 2019 - 2032

  • Image
  • Lidar
  • Radar

GLOBAL TRUCK PLATOONING MARKET, BY COMMUNICATION TECHNOLOGY- MARKET ANALYSIS, 2019 - 2032

  • Vehicle-to-Vehicle (V2V)
  • Vehicle-to-Infrastructure (V2I)

GLOBAL TRUCK PLATOONING MARKET, BY PLATOONING TYPE- MARKET ANALYSIS, 2019 - 2032

  • Driver-Assistive Truck Platooning (DATP)
  • Autonomous Truck Platooning

GLOBAL TRUCK PLATOONING MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032

  • North America
  • The U.S.
  • Canada
  • Europe
  • Germany
  • France
  • Italy
  • Spain
  • United Kingdom
  • Russia
  • Netherlands
  • Sweden
  • Poland
  • Rest of Europe
  • Asia Pacific
  • India
  • China
  • South Korea
  • Japan
  • Australia
  • Thailand
  • Indonesia
  • Philippines
  • Rest of APAC
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Rest of LATAM
  • The Middle East and Africa
  • Saudi Arabia
  • United Arab Emirates
  • Israel
  • Turkey
  • Algeria
  • Egypt
  • Rest of MEA
Product Code: ANV2612

Table of Contents

1.Truck Platooning Market Overview

  • 1.1.Study Scope
  • 1.2.Market Estimation Years

2.Executive Summary

  • 2.1.Market Snippet
    • 2.1.1.Truck Platooning Market Snippet by Technology
    • 2.1.2.Truck Platooning Market Snippet by Component
    • 2.1.3.Truck Platooning Market Snippet by Sensor
    • 2.1.4.Truck Platooning Market Snippet by Communication Technology
    • 2.1.5.Truck Platooning Market Snippet by Platooning Type
    • 2.1.6.Truck Platooning Market Snippet by Country
    • 2.1.7.Truck Platooning Market Snippet by Region
  • 2.2.Competitive Insights

3.Truck Platooning Key Market Trends

  • 3.1.Truck Platooning Market Drivers
    • 3.1.1.Impact Analysis of Market Drivers
  • 3.2.Truck Platooning Market Restraints
    • 3.2.1.Impact Analysis of Market Restraints
  • 3.3.Truck Platooning Market Opportunities
  • 3.4.Truck Platooning Market Future Trends

4.Truck Platooning Industry Study

  • 4.1.PEST Analysis
  • 4.2.Porter's Five Forces Analysis
  • 4.3.Growth Prospect Mapping
  • 4.4.Regulatory Framework Analysis

5.Truck Platooning Market: COVID-19 Impact Analysis

  • 5.1.Pre-COVID-19 Impact Analysis
  • 5.2.Post-COVID-19 Impact Analysis
    • 5.2.1.Top Performing Segments
    • 5.2.2.Marginal Growth Segments
    • 5.2.3.Top Looser Segments
    • 5.2.4.Marginal Loss Segments

6.Truck Platooning Market Landscape

  • 6.1.Truck Platooning Market Share Analysis, 2023
  • 6.2.Breakdown Data, by Key Manufacturer
    • 6.2.1.Established Players' Analysis
    • 6.2.2.Emerging Players' Analysis

7.Truck Platooning Market - By Technology

  • 7.1.Overview
    • 7.1.1.Segment Share Analysis, By Technology, 2023 & 2032 (%)
    • 7.1.2.Active Brake Assist
    • 7.1.3.Adaptive Cruise Control (ACC)
    • 7.1.4.Forward Collision Avoidance
    • 7.1.5.Blind Spot Warning (BSW)
    • 7.1.6.Lane Keep Assist (LKA)
    • 7.1.7.Others

8.Truck Platooning Market - By Component

  • 8.1.Overview
    • 8.1.1.Segment Share Analysis, By Component, 2023 & 2032 (%)
    • 8.1.2.Hardware
    • 8.1.3.Software

9.Truck Platooning Market - By Sensor

  • 9.1.Overview
    • 9.1.1.Segment Share Analysis, By Sensor, 2023 & 2032 (%)
    • 9.1.2.Image
    • 9.1.3.Lidar
    • 9.1.4.Radar

10.Truck Platooning Market - By Communication Technology

  • 10.1.Overview
    • 10.1.1.Segment Share Analysis, By Communication Technology, 2023 & 2032 (%)
    • 10.1.2.Vehicle-to-Vehicle (V2V)
    • 10.1.3.Vehicle-to-Infrastructure (V2I)

11.Truck Platooning Market - By Platooning Type

  • 11.1.Overview
    • 11.1.1.Segment Share Analysis, By Platooning Type, 2023 & 2032 (%)
    • 11.1.2.Driver-Assistive Truck Platooning (DATP)
    • 11.1.3.Autonomous Truck Platooning

12.Truck Platooning Market- By Geography

  • 12.1.Introduction
    • 12.1.1.Segment Share Analysis, By Geography, 2023 & 2032 (%)
  • 12.2.North America
    • 12.2.1.Overview
    • 12.2.2.Truck Platooning Key Manufacturers in North America
    • 12.2.3.North America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
    • 12.2.4.North America Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
    • 12.2.5.North America Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 12.2.6.North America Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
    • 12.2.7.North America Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
    • 12.2.8.North America Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.2.9.U.S.
      • 12.2.9.1.Overview
      • 12.2.9.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.2.9.3.U.S. Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.2.9.4.U.S. Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.2.9.5.U.S. Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.2.9.6.U.S. Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.2.9.7.U.S. Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.2.10.Canada
      • 12.2.10.1.Overview
      • 12.2.10.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.2.10.3.Canada Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.2.10.4.Canada Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.2.10.5.Canada Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.2.10.6.Canada Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.2.10.7.Canada Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
  • 12.3.Europe
    • 12.3.1.Overview
    • 12.3.2.Truck Platooning Key Manufacturers in Europe
    • 12.3.3.Europe Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
    • 12.3.4.Europe Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
    • 12.3.5.Europe Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 12.3.6.Europe Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
    • 12.3.7.Europe Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
    • 12.3.8.Europe Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.3.9.Germany
      • 12.3.9.1.Overview
      • 12.3.9.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.3.9.3.Germany Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.3.9.4.Germany Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.3.9.5.Germany Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.3.9.6.Germany Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.3.9.7.Germany Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.3.10.Italy
      • 12.3.10.1.Overview
      • 12.3.10.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.3.10.3.Italy Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.3.10.4.Italy Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.3.10.5.Italy Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.3.10.6.Italy Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.3.10.7.Italy Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.3.11.United Kingdom
      • 12.3.11.1.Overview
      • 12.3.11.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.3.11.3.United Kingdom Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.3.11.4.United Kingdom Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.3.11.5.United Kingdom Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.3.11.6.United Kingdom Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.3.11.7.United Kingdom Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.3.12.France
      • 12.3.12.1.Overview
      • 12.3.12.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.3.12.3.France Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.3.12.4.France Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.3.12.5.France Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.3.12.6.France Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.3.12.7.France Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.3.13.Russia
      • 12.3.13.1.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.3.13.2.Russia Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.3.13.3.Russia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.3.13.4.Russia Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.3.13.5.Russia Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.3.13.6.Russia Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.3.14.Netherlands
      • 12.3.14.1.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.3.14.2.Netherlands Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.3.14.3.Netherlands Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.3.14.4.Netherlands Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.3.14.5.Netherlands Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.3.14.6.Netherlands Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.3.15.Sweden
      • 12.3.15.1.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.3.15.2.Sweden Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.3.15.3.Sweden Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.3.15.4.Sweden Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.3.15.5.Sweden Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.3.15.6.Sweden Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.3.16.Poland
      • 12.3.16.1.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.3.16.2.Poland Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.3.16.3.Poland Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.3.16.4.Poland Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.3.16.5.Poland Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.3.16.6.Poland Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.3.17.Rest of Europe
      • 12.3.17.1.Overview
      • 12.3.17.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.3.17.3.Rest of the Europe Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.3.17.4.Rest of the Europe Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.3.17.5.Rest of the Europe Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.3.17.6.Rest of the Europe Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.3.17.7.Rest of the Europe Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
  • 12.4.Asia Pacific (APAC)
    • 12.4.1.Overview
    • 12.4.2.Truck Platooning Key Manufacturers in Asia Pacific
    • 12.4.3.Asia Pacific Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
    • 12.4.4.Asia Pacific Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
    • 12.4.5.Asia Pacific Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 12.4.6.Asia Pacific Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
    • 12.4.7.Asia Pacific Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
    • 12.4.8.Asia Pacific Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.4.9.India
      • 12.4.9.1.Overview
      • 12.4.9.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.4.9.3.India Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.4.9.4.India Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.4.9.5.India Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.4.9.6.India Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.4.9.7.India Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.4.10.China
      • 12.4.10.1.Overview
      • 12.4.10.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.4.10.3.China Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.4.10.4.China Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.4.10.5.China Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.4.10.6.China Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.4.10.7.China Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.4.11.Japan
      • 12.4.11.1.Overview
      • 12.4.11.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.4.11.3.Japan Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.4.11.4.Japan Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.4.11.5.Japan Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.4.11.6.Japan Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.4.11.7.Japan Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.4.12.South Korea
      • 12.4.12.1.Overview
      • 12.4.12.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.4.12.3.South Korea Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.4.12.4.South Korea Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.4.12.5.South Korea Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.4.12.6.South Korea Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.4.12.7.South Korea Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.4.13.Australia
      • 12.4.13.1.Overview
      • 12.4.13.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.4.13.3.Australia Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.4.13.4.Australia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.4.13.5.Australia Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.4.13.6.Australia Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.4.13.7.Australia Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.4.14.Thailand
      • 12.4.14.1.Overview
      • 12.4.14.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.4.14.3.Thailand Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.4.14.4.Thailand Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.4.14.5.Thailand Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.4.14.6.Thailand Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.4.14.7.Thailand Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.4.15.Indonesia
      • 12.4.15.1.Overview
      • 12.4.15.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.4.15.3.Indonesia Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.4.15.4.Indonesia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.4.15.5.Indonesia Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.4.15.6.Indonesia Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.4.15.7.Indonesia Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.4.16.Philippines
      • 12.4.16.1.Overview
      • 12.4.16.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.4.16.3.Philippines Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.4.16.4.Philippines Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.4.16.5.Philippines Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.4.16.6.Philippines Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.4.16.7.Philippines Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.4.17.Rest of APAC
      • 12.4.17.1.Overview
      • 12.4.17.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.4.17.3.Rest of APAC Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.4.17.4.Rest of APAC Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.4.17.5.Rest of APAC Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.4.17.6.Rest of APAC Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.4.17.7.Rest of APAC Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
  • 12.5.Latin America
    • 12.5.1.Overview
    • 12.5.2.Truck Platooning Key Manufacturers in Latin America
    • 12.5.3.Latin America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
    • 12.5.4.Latin America Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
    • 12.5.5.Latin America Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 12.5.6.Latin America Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
    • 12.5.7.Latin America Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
    • 12.5.8.Latin America Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.5.9.Brazil
      • 12.5.9.1.Overview
      • 12.5.9.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.5.9.3.Brazil Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.5.9.4.Brazil Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.5.9.5.Brazil Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.5.9.6.Brazil Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.5.9.7.Brazil Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.5.10.Mexico
      • 12.5.10.1.Overview
      • 12.5.10.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.5.10.3.Mexico Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.5.10.4.Mexico Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.5.10.5.Mexico Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.5.10.6.Mexico Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.5.10.7.Mexico Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.5.11.Argentina
      • 12.5.11.1.Overview
      • 12.5.11.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.5.11.3.Argentina Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.5.11.4.Argentina Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.5.11.5.Argentina Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.5.11.6.Argentina Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.5.11.7.Argentina Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.5.12.Colombia
      • 12.5.12.1.Overview
      • 12.5.12.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.5.12.3.Colombia Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.5.12.4.Colombia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.5.12.5.Colombia Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.5.12.6.Colombia Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.5.12.7.Colombia Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.5.13.Rest of LATAM
      • 12.5.13.1.Overview
      • 12.5.13.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.5.13.3.Rest of LATAM Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.5.13.4.Rest of LATAM Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.5.13.5.Rest of LATAM Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.5.13.6.Rest of LATAM Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.5.13.7.Rest of LATAM Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
  • 12.6.Middle East and Africa
    • 12.6.1.Overview
    • 12.6.2.Truck Platooning Key Manufacturers in Middle East and Africa
    • 12.6.3.Middle East and Africa Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
    • 12.6.4.Middle East and Africa Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
    • 12.6.5.Middle East and Africa Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 12.6.6.Middle East and Africa Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
    • 12.6.7.Middle East and Africa Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
    • 12.6.8.Middle East and Africa Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.6.9.Saudi Arabia
      • 12.6.9.1.Overview
      • 12.6.9.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.6.9.3.Saudi Arabia Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.6.9.4.Saudi Arabia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.6.9.5.Saudi Arabia Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.6.9.6.Saudi Arabia Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.6.9.7.Saudi Arabia Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.6.10.United Arab Emirates
      • 12.6.10.1.Overview
      • 12.6.10.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.6.10.3.United Arab Emirates Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.6.10.4.United Arab Emirates Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.6.10.5.United Arab Emirates Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.6.10.6.United Arab Emirates Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.6.10.7.United Arab Emirates Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.6.11.Israel
      • 12.6.11.1.Overview
      • 12.6.11.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.6.11.3.Israel Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.6.11.4.Israel Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.6.11.5.Israel Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.6.11.6.Israel Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.6.11.7.Israel Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.6.12.Turkey
      • 12.6.12.1.Overview
      • 12.6.12.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.6.12.3.Turkey Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.6.12.4.Turkey Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.6.12.5.Turkey Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.6.12.6.Turkey Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.6.12.7.Turkey Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.6.13.Algeria
      • 12.6.13.1.Overview
      • 12.6.13.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.6.13.3.Algeria Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.6.13.4.Algeria Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.6.13.5.Algeria Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.6.13.6.Algeria Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.6.13.7.Algeria Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.6.14.Egypt
      • 12.6.14.1.Overview
      • 12.6.14.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.6.14.3.Egypt Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.6.14.4.Egypt Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.6.14.5.Egypt Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.6.14.6.Egypt Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.6.14.7.Egypt Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)
    • 12.6.15.Rest of MEA
      • 12.6.15.1.Overview
      • 12.6.15.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 12.6.15.3.Rest of MEA Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
      • 12.6.15.4.Rest of MEA Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
      • 12.6.15.5.Rest of MEA Market Size and Forecast, By Sensor, 2019 - 2032 (US$ Million)
      • 12.6.15.6.Rest of MEA Market Size and Forecast, By Communication Technology, 2019 - 2032 (US$ Million)
      • 12.6.15.7.Rest of MEA Market Size and Forecast, By Platooning Type, 2019 - 2032 (US$ Million)

13.Key Vendor Analysis- Truck Platooning Industry

  • 13.1.Competitive Dashboard
  • 13.2.Company Profiles
    • 13.2.1.AB Volvo
    • 13.2.2.Continental AG
    • 13.2.3.Mercedes-Benz Group AG (former Daimler AG)
    • 13.2.4.Peloton Technology, LLC
    • 13.2.5.Robert Bosch GmbH
    • 13.2.6.Scania AB
    • 13.2.7.TOYOTA MOTOR CORPORATION
    • 13.2.8.Bendix Corporation
    • 13.2.9.DAF Trucks N.V
    • 13.2.10.IVECO S.P.A.
    • 13.2.11.Others

14.360 Degree Analyst View

15.Appendix

  • 15.1.Research Methodology
  • 15.2.References
  • 15.3.Abbreviations
  • 15.4.Disclaimer
  • 15.5.Contact Us
Product Code: ANV2612

List of Tables

  • TABLE List of data sources
  • TABLE Market drivers; Impact Analysis
  • TABLE Market restraints; Impact Analysis
  • TABLE Truck Platooning Market: Technology Snapshot (2023)
  • TABLE Segment Dashboard; Definition and Scope, by Technology
  • TABLE Global Truck Platooning Market, by Technology 2019-2032 (USD Million)
  • TABLE Truck Platooning Market: Component Snapshot (2023)
  • TABLE Segment Dashboard; Definition and Scope, by Component
  • TABLE Global Truck Platooning Market, by Component 2019-2032 (USD Million)
  • TABLE Truck Platooning Market: Sensor Snapshot (2023)
  • TABLE Segment Dashboard; Definition and Scope, by Sensor
  • TABLE Global Truck Platooning Market, by Sensor 2019-2032 (USD Million)
  • TABLE Truck Platooning Market: Communication Technology Snapshot (2023)
  • TABLE Segment Dashboard; Definition and Scope, by Communication Technology
  • TABLE Global Truck Platooning Market, by Communication Technology 2019-2032 (USD Million)
  • TABLE Truck Platooning Market: Platooning Type Snapshot (2023)
  • TABLE Segment Dashboard; Definition and Scope, by Platooning Type
  • TABLE Global Truck Platooning Market, by Platooning Type 2019-2032 (USD Million)
  • TABLE Truck Platooning Market: Regional snapshot (2023)
  • TABLE Segment Dashboard; Definition and Scope, by Region
  • TABLE Global Truck Platooning Market, by Region 2019-2032 (USD Million)
  • TABLE North America Truck Platooning Market, by Country, 2019-2032 (USD Million)
  • TABLE North America Truck Platooning Market, by Technology, 2019-2032 (USD Million)
  • TABLE North America Truck Platooning Market, by Component, 2019-2032 (USD Million)
  • TABLE North America Truck Platooning Market, by Sensor, 2019-2032 (USD Million)
  • TABLE North America Truck Platooning Market, by Communication Technology, 2019-2032 (USD Million)
  • TABLE North America Truck Platooning Market, by Platooning Type, 2019-2032 (USD Million)
  • TABLE Europe Truck Platooning Market, by Country, 2019-2032 (USD Million)
  • TABLE Europe Truck Platooning Market, by Technology, 2019-2032 (USD Million)
  • TABLE Europe Truck Platooning Market, by Component, 2019-2032 (USD Million)
  • TABLE Europe Truck Platooning Market, by Sensor, 2019-2032 (USD Million)
  • TABLE Europe Truck Platooning Market, by Communication Technology, 2019-2032 (USD Million)
  • TABLE Europe Truck Platooning Market, by Platooning Type, 2019-2032 (USD Million)
  • TABLE Asia Pacific Truck Platooning Market, by Country, 2019-2032 (USD Million)
  • TABLE Asia Pacific Truck Platooning Market, by Technology, 2019-2032 (USD Million)
  • TABLE Asia Pacific Truck Platooning Market, by Component, 2019-2032 (USD Million)
  • TABLE Asia Pacific Truck Platooning Market, by Sensor, 2019-2032 (USD Million)
  • TABLE Asia Pacific Truck Platooning Market, by Communication Technology, 2019-2032 (USD Million)
  • TABLE Asia Pacific Truck Platooning Market, by Platooning Type, 2019-2032 (USD Million)
  • TABLE Latin America Truck Platooning Market, by Country, 2019-2032 (USD Million)
  • TABLE Latin America Truck Platooning Market, by Technology, 2019-2032 (USD Million)
  • TABLE Latin America Truck Platooning Market, by Component, 2019-2032 (USD Million)
  • TABLE Latin America Truck Platooning Market, by Sensor, 2019-2032 (USD Million)
  • TABLE Latin America Truck Platooning Market, by Communication Technology, 2019-2032 (USD Million)
  • TABLE Latin America Truck Platooning Market, by Platooning Type, 2019-2032 (USD Million)
  • TABLE Middle East and Africa Truck Platooning Market, by Country, 2019-2032 (USD Million)
  • TABLE Middle East and Africa Truck Platooning Market, by Technology, 2019-2032 (USD Million)
  • TABLE Middle East and Africa Truck Platooning Market, by Component, 2019-2032 (USD Million)
  • TABLE Middle East and Africa Truck Platooning Market, by Sensor, 2019-2032 (USD Million)
  • TABLE Middle East and Africa Truck Platooning Market, by Communication Technology, 2019-2032 (USD Million)
  • TABLE Middle East and Africa Truck Platooning Market, by Platooning Type, 2019-2032 (USD Million)
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