Global Truck Platooning Systems Market Growth (Status and Outlook) 2025-2031

Publication ID:

LPI07251978

Publication Date:

July 2, 2025

Pages:

119

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturing (Automotive) [2]

Components [3]

Automotive [4]

Description:

The global Truck Platooning Systems market size is predicted to grow from US$ 4553 million in 2025 to US$ 19270 million in 2031; it is expected to grow at a CAGR of 27.2% from 2025 to 2031.
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.
Global Truck Platooning Systems key players include Peloton Technology, Volvo, Scania, Daimler, Navistar, etc. Europe is the largest market, with a share about 50%, followed by North America, with a share about 40 percent. In terms of product, Service is the largest segment, with a share about 70%. And in terms of application, the largest application is Light Trucks, followed by Heavy Trucks.
The 鈥淭ruck Platooning Systems Industry Forecast鈥� looks at past sales and reviews total world Truck Platooning Systems sales in 2024, providing a comprehensive analysis by region and market sector of projected Truck Platooning Systems sales for 2025 through 2031. With Truck Platooning Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Truck Platooning Systems industry.
This Insight Report provides a comprehensive analysis of the global Truck Platooning Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Truck Platooning Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Truck Platooning Systems market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Truck Platooning Systems and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Truck Platooning Systems.
This report presents a comprehensive overview, market shares, and growth opportunities of Truck Platooning Systems market by product type, application, key players and key regions and countries.
Segmentation by Type:
Software
Device
Segmentation by Application:
Heavy Trucks
Light Trucks
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Peloton Technology
Volvo
Scania
Daimler
Navistar
Toyota
Uber
Bendix Commercial Vehicles Systems
DAF
Continental AG
IVECO
MAN Truck & Bus

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Truck Platooning Systems Market Size (2020-2031)
2.1.2 Truck Platooning Systems Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Truck Platooning Systems by Country/Region (2020, 2024 & 2031)
2.2 Truck Platooning Systems Segment by Type
2.2.1 Software
2.2.2 Device
2.3 Truck Platooning Systems Market Size by Type
2.3.1 Truck Platooning Systems Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Truck Platooning Systems Market Size Market Share by Type (2020-2025)
2.4 Truck Platooning Systems Segment by Application
2.4.1 Heavy Trucks
2.4.2 Light Trucks
2.5 Truck Platooning Systems Market Size by Application
2.5.1 Truck Platooning Systems Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Truck Platooning Systems Market Size Market Share by Application (2020-2025)
3 Truck Platooning Systems Market Size by Player
3.1 Truck Platooning Systems Market Size Market Share by Player
3.1.1 Global Truck Platooning Systems Revenue by Player (2020-2025)
3.1.2 Global Truck Platooning Systems Revenue Market Share by Player (2020-2025)
3.2 Global Truck Platooning Systems Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Truck Platooning Systems by Region
4.1 Truck Platooning Systems Market Size by Region (2020-2025)
4.2 Global Truck Platooning Systems Annual Revenue by Country/Region (2020-2025)
4.3 Americas Truck Platooning Systems Market Size Growth (2020-2025)
4.4 APAC Truck Platooning Systems Market Size Growth (2020-2025)
4.5 Europe Truck Platooning Systems Market Size Growth (2020-2025)
4.6 Middle East & Africa Truck Platooning Systems Market Size Growth (2020-2025)
5 Americas
5.1 Americas Truck Platooning Systems Market Size by Country (2020-2025)
5.2 Americas Truck Platooning Systems Market Size by Type (2020-2025)
5.3 Americas Truck Platooning Systems Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Truck Platooning Systems Market Size by Region (2020-2025)
6.2 APAC Truck Platooning Systems Market Size by Type (2020-2025)
6.3 APAC Truck Platooning Systems Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Truck Platooning Systems Market Size by Country (2020-2025)
7.2 Europe Truck Platooning Systems Market Size by Type (2020-2025)
7.3 Europe Truck Platooning Systems Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Truck Platooning Systems by Region (2020-2025)
8.2 Middle East & Africa Truck Platooning Systems Market Size by Type (2020-2025)
8.3 Middle East & Africa Truck Platooning Systems Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Truck Platooning Systems Market Forecast
10.1 Global Truck Platooning Systems Forecast by Region (2026-2031)
10.1.1 Global Truck Platooning Systems Forecast by Region (2026-2031)
10.1.2 Americas Truck Platooning Systems Forecast
10.1.3 APAC Truck Platooning Systems Forecast
10.1.4 Europe Truck Platooning Systems Forecast
10.1.5 Middle East & Africa Truck Platooning Systems Forecast
10.2 Americas Truck Platooning Systems Forecast by Country (2026-2031)
10.2.1 United States Market Truck Platooning Systems Forecast
10.2.2 Canada Market Truck Platooning Systems Forecast
10.2.3 Mexico Market Truck Platooning Systems Forecast
10.2.4 Brazil Market Truck Platooning Systems Forecast
10.3 APAC Truck Platooning Systems Forecast by Region (2026-2031)
10.3.1 China Truck Platooning Systems Market Forecast
10.3.2 Japan Market Truck Platooning Systems Forecast
10.3.3 Korea Market Truck Platooning Systems Forecast
10.3.4 Southeast Asia Market Truck Platooning Systems Forecast
10.3.5 India Market Truck Platooning Systems Forecast
10.3.6 Australia Market Truck Platooning Systems Forecast
10.4 Europe Truck Platooning Systems Forecast by Country (2026-2031)
10.4.1 Germany Market Truck Platooning Systems Forecast
10.4.2 France Market Truck Platooning Systems Forecast
10.4.3 UK Market Truck Platooning Systems Forecast
10.4.4 Italy Market Truck Platooning Systems Forecast
10.4.5 Russia Market Truck Platooning Systems Forecast
10.5 Middle East & Africa Truck Platooning Systems Forecast by Region (2026-2031)
10.5.1 Egypt Market Truck Platooning Systems Forecast
10.5.2 South Africa Market Truck Platooning Systems Forecast
10.5.3 Israel Market Truck Platooning Systems Forecast
10.5.4 Turkey Market Truck Platooning Systems Forecast
10.6 Global Truck Platooning Systems Forecast by Type (2026-2031)
10.7 Global Truck Platooning Systems Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Truck Platooning Systems Forecast
11 Key Players Analysis
11.1 Peloton Technology
11.1.1 Peloton Technology Company Information
11.1.2 Peloton Technology Truck Platooning Systems Product Offered
11.1.3 Peloton Technology Truck Platooning Systems Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Peloton Technology Main Business Overview
11.1.5 Peloton Technology Latest Developments
11.2 Volvo
11.2.1 Volvo Company Information
11.2.2 Volvo Truck Platooning Systems Product Offered
11.2.3 Volvo Truck Platooning Systems Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Volvo Main Business Overview
11.2.5 Volvo Latest Developments
11.3 Scania
11.3.1 Scania Company Information
11.3.2 Scania Truck Platooning Systems Product Offered
11.3.3 Scania Truck Platooning Systems Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Scania Main Business Overview
11.3.5 Scania Latest Developments
11.4 Daimler
11.4.1 Daimler Company Information
11.4.2 Daimler Truck Platooning Systems Product Offered
11.4.3 Daimler Truck Platooning Systems Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Daimler Main Business Overview
11.4.5 Daimler Latest Developments
11.5 Navistar
11.5.1 Navistar Company Information
11.5.2 Navistar Truck Platooning Systems Product Offered
11.5.3 Navistar Truck Platooning Systems Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Navistar Main Business Overview
11.5.5 Navistar Latest Developments
11.6 Toyota
11.6.1 Toyota Company Information
11.6.2 Toyota Truck Platooning Systems Product Offered
11.6.3 Toyota Truck Platooning Systems Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Toyota Main Business Overview
11.6.5 Toyota Latest Developments
11.7 Uber
11.7.1 Uber Company Information
11.7.2 Uber Truck Platooning Systems Product Offered
11.7.3 Uber Truck Platooning Systems Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Uber Main Business Overview
11.7.5 Uber Latest Developments
11.8 Bendix Commercial Vehicles Systems
11.8.1 Bendix Commercial Vehicles Systems Company Information
11.8.2 Bendix Commercial Vehicles Systems Truck Platooning Systems Product Offered
11.8.3 Bendix Commercial Vehicles Systems Truck Platooning Systems Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Bendix Commercial Vehicles Systems Main Business Overview
11.8.5 Bendix Commercial Vehicles Systems Latest Developments
11.9 DAF
11.9.1 DAF Company Information
11.9.2 DAF Truck Platooning Systems Product Offered
11.9.3 DAF Truck Platooning Systems Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 DAF Main Business Overview
11.9.5 DAF Latest Developments
11.10 Continental AG
11.10.1 Continental AG Company Information
11.10.2 Continental AG Truck Platooning Systems Product Offered
11.10.3 Continental AG Truck Platooning Systems Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Continental AG Main Business Overview
11.10.5 Continental AG Latest Developments
11.11 IVECO
11.11.1 IVECO Company Information
11.11.2 IVECO Truck Platooning Systems Product Offered
11.11.3 IVECO Truck Platooning Systems Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 IVECO Main Business Overview
11.11.5 IVECO Latest Developments
11.12 MAN Truck & Bus
11.12.1 MAN Truck & Bus Company Information
11.12.2 MAN Truck & Bus Truck Platooning Systems Product Offered
11.12.3 MAN Truck & Bus Truck Platooning Systems Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 MAN Truck & Bus Main Business Overview
11.12.5 MAN Truck & Bus Latest Developments
12 Research Findings and Conclusion

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