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.
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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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
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: TRUCK PLATOONING MARKET, BY COMPONENT
CHAPTER 5: TRUCK PLATOONING MARKET, BY PLATOONING TYPE
CHAPTER 6: TRUCK PLATOONING MARKET, BY TECHNOLOGY
CHAPTER 7: TRUCK PLATOONING MARKET, BY COMMUNICATION TECHNOLOGY
CHAPTER 8: TRUCK PLATOONING MARKET, BY REGION
CHAPTER 9: COMPETITIVE LANDSCAPE
CHAPTER 10: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report titled, 'Truck Platooning Market," was valued at $728.90 million in 2025, and is estimated to reach $6.09 billion by 2035, growing at a CAGR of 23.7% from 2025 to 2035.The Truck Platooning Market has gained tremendous focus as it helps reduce fuel consumption and increase road safety for vehicles. Platooning allows trucks to make use of aerodynamic drafting and smart driving technologies to achieve large fuel savings while maintaining road safety. Platooning has been shown to save fuel for trucks by lowering the amount of air resistance they face, also referred to as slipstream. The truck in front of the line endures the majority of the wind's resistance, which results in the formation of a slipstream that is to the benefit of the trucks that follow. Platooning helps in fuel saving not only for the vehicle that is following but also the one that is in the lead in lower fuel consumption. During platooning, vehicles also synchronize paths and speed by utilizing technologies such as adaptive cruise control and V2V communication. The combined use of these technologies results in minimizing random acceleration and deceleration, resulting in further fuel savings for long-haul operations. A part of the software utilized in platooning also considers conditions such as the terrain, traffic conditions, weather conditions, and real-time data, resulting in lowering fuel consumption and increasing road safety.
The key factors driving the growth of the truck platooning Market include strengthening government rules and regulations for the transportation industry. The transportation industry is accountable for sizeable pollution emitted on a global level; the major portion of the greenhouse gas in the atmosphere is emitted from trucks and other transportation vehicles used in the logistics industry. To overcome the issue, governments around the world have placed regulations to cut down the number of pollutants released from vehicles.
For instance, the European Emission Standards or Euro Norms are regulations that govern and limit the pollutants from vehicles and promote the development and use of automobile technologies that are cleaner and fuel-efficient. The government in the region is also increasingly encouraging truck platooning technology to limit fuel consumption and reduce pollution. As platooning vehicles move relatively closely to one another, helping lower the air resistance faced by the truck that is following them by around 40%, leading to approximately a 10% reduction in the amount of carbon dioxide (CO2) produced per mile traveled.
The Market also offers opportunistic factors to the key players operating in the Market to enhance their services, which creates ample opportunities for the growth of the Market; this includes factors such as the Production of fully autonomous trucks for platooning. The truck platooning technology is currently in the evolving stage, and a significant amount of development work needs to be conducted by manufacturers and technology integrators. Numerous truck manufacturers are drawn to platooning technology for its exceptional benefits, such as optimized fuel consumption, less emission, decreased traffic congestion, and less driver fatigue. The platooning that is used currently is based on driver-assistive truck platooning (DATP), which necessitates the driver's involvement in order to quit or enter a platoon at any point in time. On the other hand, the development of completely autonomous trucks for platooning will function without any input from the driver and will take place automatically. Fully autonomous trucks will reduce accidents, cut down on human error, and produce a synergy that will make it easier to govern and operate fleets in the logistics sectors. Thus, the production of fully autonomous vehicles for truck platooning holds a remarkable growth opportunity for the players operating in the market during the forecast period.
The truck platooning market is segmented into 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 key players profiled in the study include 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. The developments carried out by these companies supplement the growth of the Market across the globe. For instance, on March 2022, IVECO S.P.A collaborated with the ENSEMBLE consortium; the collaboration aims to develop the establishment and implementation of the technology in realistic traffic scenarios of a multi-brand platooning technology while collaboratively working with leading vehicle manufacturers in Europe.
Key Market Insights
By component, the software segment was the highest revenue contributor to the market and is estimated to reach $4.72 billion by 2035, with a CAGR of 23.1%.By platooning type, the driver-assisted truck platooning (DATP) segment dominated the global market and is estimated to reach $3.77 billion by 2035, with a CAGR of 22.6%.
By technology, the other segment was the highest revenue contributor to the market, with $1.44 billion in 2035, with a CAGR of 20.7%.
By communication technology, the vehicle-to-vehicle (V2V) segment was the highest revenue contributor to the Market, with $3.88 billion in 2035, with a CAGR of 21.9%.
By region, North America was the highest revenue contributor, accounting for $2.80 billion in 2035, with a CAGR of 22.5% during the forecast period.
Companies Mentioned
- 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
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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