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Automotive Platooning System Global Market Report 2025
Global Automotive Platooning System Market Report 2025

Report Price : $4490.00

Pages : 175

Format : PDF

Published : January 2025

Delivery Time : 2-3 Business Days

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Automotive Platooning System Global Market Report 2025

By Type (Vehicle-To-Vehicle (V2V), Vehicle-To-Infrastructure (V2I), Vehicle-To-Everything (V2X)), By Components (Hardware, Software), By Functionality (Adaptive Cruise Control (ACC), Cooperative Adaptive Cruise Control (CACC)), By Application (Passenger Vehicles, Light-Duty Commercial Vehicles, Heavy-Duty Commercial Vehicles), By End-Use (Original Equipment Manufacturer (OEM), Aftermarket) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Automotive Platooning System Market Overview

• Automotive Platooning System market size has reached to $4.46 billion in 2024

• Expected to grow to $18.38 billion in 2029 at a compound annual growth rate (CAGR) of 32.4%

• Growth Driver: Rising Automotive Manufacturing Fuels Growth In The Automotive Platooning System Market

• Market Trend: Innovative Vehicle Safety Platforms Driving Advances In Automotive Platooning Systems

North America was the largest region in 2024.

What Is Covered Under Automotive Platooning System Market?

An automotive platooning system is a technology that allows multiple vehicles to travel closely together in a convoy, with the lead vehicle controlling the speed and direction while the following vehicles autonomously maintain a set distance, speed, and alignment. This system enhances fuel efficiency, reduces traffic congestion, and improves road safety.

The main types of automotive platooning systems are Vehicle-To-Vehicle (V2V), Vehicle-To-Infrastructure (V2I), and vehicle-to-everything (V2X). Vehicle-to-vehicle (V2V) communication refers to the direct exchange of data between vehicles. The components are hardware and software, and the functionality includes adaptive cruise control (ACC) and cooperative adaptive cruise control (CACC). The applications are passenger vehicles, light-duty commercial vehicles, and heavy-duty commercial vehicles and are used by various end-uses such as original equipment manufacturers (OEM) and aftermarket.

Automotive Platooning System Market Size and growth rate 2025 to 2029: Graph

What Is The Automotive Platooning System Market Size 2025 And Growth Rate?

The automotive platooning system market size has grown exponentially in recent years. It will grow from $4.46 billion in 2024 to $5.97 billion in 2025 at a compound annual growth rate (CAGR) of 33.9%. The growth in the historic period can be attributed to advancements in autonomous vehicle technology, government regulations, and initiatives, a rise in traffic congestion, collaborations and partnerships, demonstration projects, and trials.

What Is The Automotive Platooning System Market Growth Forecast?

The automotive platooning system market size is expected to see exponential growth in the next few years. It will grow to $18.38 billion in 2029 at a compound annual growth rate (CAGR) of 32.4%. The growth in the forecast period can be attributed to the expansion of vehicle-to-everything (V2X) communication networks, integration with smart cities initiatives, commercial fleet adoption, advances in safety technologies, and consumer demand for autonomous vehicles. Major trends in the forecast period include integration with electric vehicles (EVs), development of advanced driver assistance systems (ADAS), focus on cybersecurity, expansion of smart transportation infrastructure, artificial intelligence and machine learning innovations.

The forecast of 32.4% growth over the next five years reflects a modest reduction of 2.5% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. Development of platooning technology may be disrupted by tariffs on V2V (vehicle-to-vehicle) communication modules and sensor fusion hardware, commonly imported from Japan and Taiwan. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Information Technology Industry?

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the information technology sector, particularly in hardware manufacturing, data infrastructure, and software deployment. Higher duties on imported semiconductors, circuit boards, and networking equipment have raised production and operational costs for tech firms, cloud service providers, and data centers. Companies relying on globally sourced components for laptops, servers, and consumer electronics are facing longer lead times and increased pricing pressures. In parallel, tariffs on specialized software tools and retaliatory measures from key international markets have disrupted global IT supply chains and reduced overseas demand for U.S.-developed technologies. To navigate these challenges, the sector is accelerating investments in domestic chip fabrication, diversifying supplier bases, and adopting AI-driven automation to enhance operational resilience and cost efficiency.

How Is The Automotive Platooning System Market Segmented?

1) By Type: Vehicle-To-Vehicle (V2V), Vehicle-To-Infrastructure (V2I), Vehicle-To-Everything (V2X)

2) By Components: Hardware, Software

3) By Functionality: Adaptive Cruise Control (ACC), Cooperative Adaptive Cruise Control (CACC)

4) By Application: Passenger Vehicles, Light-Duty Commercial Vehicles, Heavy-Duty Commercial Vehicles

5) By End-Use: Original Equipment Manufacturer (OEM), Aftermarket

Subsegments:

1) By Vehicle-To-Vehicle (V2V): Vehicle Communication Systems For Platooning, Collision Avoidance And Safety Systems, Adaptive Cruise Control For V2v, Cooperative Lane Management, Cooperative Merging And Lane Changing, V2v Data Sharing For Enhanced Traffic Flow

2) By Vehicle-To-Infrastructure (V2I): Traffic Signal Coordination And Control, Roadside Unit (RSU) Communication For Platooning, V2i For Traffic Management And Congestion Reduction, Real-Time Traffic Data Exchange, Intelligent Road Signaling For Platooning Coordination, V2I For Automated Toll Collection And Parking Management

3) By Vehicle-To-Everything (V2X): V2X Communication For Autonomous Vehicles, V2X For Environmental Awareness (Weather, Road Conditions), V2X For Smart City Integration, V2X For Pedestrian And Cyclist Detection, V2X For Emergency Vehicle Communication, V2X For Multi-Vehicle Coordination And Platoon Control

What Is Driving The Automotive Platooning System Market? Rising Automotive Manufacturing Fuels Growth In The Automotive Platooning System Market

Rising automotive manufacturing is expected to propel the growth of the automotive platooning system market going forward. Rising automotive manufacturing is driven by increasing global demand for vehicles, advancements in technology, and expanding markets, leading to higher production to meet consumer needs and regulatory requirements. The use of automotive platooning systems in automotive manufacturing enhances efficiency by optimizing vehicle movement and reducing logistics costs through coordinated convoy operations. For instance, in May 2023, according to the European Automobile Manufacturers Association, a Belgium-based association, in 2021, North America produced 13,596 thousand units of motor vehicles, while in 2022, production increased to 14,901 thousand units. This represents a growth of approximately 9.6% in vehicle production from 2021 to 2022 in the North American region. Therefore, rising automotive manufacturing is driving the growth of the automotive platooning system industry.

Who Are The Major Players In The Global Automotive Platooning System Market?

Major companies operating in the automotive platooning system market are The Bosch Group, Hitachi Ltd., Zhejiang Geely Holding Group Co Ltd., Daimler Truck AG, The Volvo Group, TRATON GROUP, ZF Friedrichshafen AG, Continental AG, Paccar Inc., Cummins Inc., Texas Instruments Inc., Aptiv PLC, Iveco Group, NXP Semiconductors N.V., Renesas Electronics Corporation, Navistar Inc., Peloton Technology Inc., Omnitracs LLC, DANLAW INC., Aeris Communications, Yazaki Corporation, Commsignia Ltd., WABCO Holdings Inc.

What Are The Key Trends Of The Global Automotive Platooning System Market? Innovative Vehicle Safety Platforms Driving Advances In Automotive Platooning Systems

Major companies operating in the automotive platooning system market are focused on developing innovative technological solutions, such as a vehicle safety platform, that will make driving vehicles in a convoy much safer. A vehicle safety platform is a comprehensive system of technologies and features designed to enhance the safety of a vehicle and its occupants by preventing accidents and reducing the severity of collisions. For instance, in September 2023, Vodafone Group Plc, a UK-based telecommunications company, launched the Safer Transport for Europe Platform (STEP). This cloud-based platform, built on open industry standards, facilitates the efficient sharing of safety information and hazard warnings among road users, transport authorities, and third-party apps and in-vehicle navigation systems. The upgraded STEP now has the capability to support cooperative platooning, even with driverless vehicles, allowing vehicles to regulate the space and speed between them. This technology helps reduce collisions, traffic jams, and fuel consumption.

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What Are Latest Mergers And Acquisitions In The Automotive Platooning System Market? Danlaw Inc. Enhances Autonomous Driving Capabilities Through Acquisition Of Cohda Wireless

In January 2023, Danlaw Inc., a US-based technology company, acquired Cohda Wireless for an undisclosed amount. The acquisition of Cohda Wireless by Danlaw Inc. enhances Danlaw's safety solutions, connectivity, and location accuracy while accelerating innovation and expanding its global footprint in the V2X technology market. Cohda Wireless is an Australia-based company that provides advanced automotive platooning solutions.

What Is The Regional Outlook For The Global Automotive Platooning System Market?

North America was the largest region in the automotive platooning system market in 2024. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Automotive Platooning System Market?

The automotive platooning system market consists of revenues earned by entities providing services such as fleet management services, training and support, telematics and data analytics, and simulation and testing services. The market value includes the value of related goods sold by the service provider or included within the service offering. The automotive platooning system market also includes sales of sensors, radar, cameras, and communication systems essential for enabling vehicle-to-vehicle (V2V) communication and autonomous driving functionalities. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Automotive Platooning System Industry?

The automotive platooning system market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the automotive platooning system industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Automotive Platooning System Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $5.97 billion
Revenue Forecast In 2034 $18.38 billion
Growth Rate CAGR of 32.4% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Type: Vehicle-To-Vehicle (V2V), Vehicle-To-Infrastructure (V2I), Vehicle-To-Everything (V2X)
2) By Components: Hardware, Software
3) By Functionality: Adaptive Cruise Control (ACC), Cooperative Adaptive Cruise Control (CACC)
4) By Application: Passenger Vehicles, Light-Duty Commercial Vehicles, Heavy-Duty Commercial Vehicles
5) By End-Use: Original Equipment Manufacturer (OEM), Aftermarket Subsegments: 1) By Vehicle-To-Vehicle (V2V): Vehicle Communication Systems For Platooning, Collision Avoidance And Safety Systems, Adaptive Cruise Control For V2v, Cooperative Lane Management, Cooperative Merging And Lane Changing, V2v Data Sharing For Enhanced Traffic Flow
2) By Vehicle-To-Infrastructure (V2I): Traffic Signal Coordination And Control, Roadside Unit (RSU) Communication For Platooning, V2i For Traffic Management And Congestion Reduction, Real-Time Traffic Data Exchange, Intelligent Road Signaling For Platooning Coordination, V2I For Automated Toll Collection And Parking Management
3) By Vehicle-To-Everything (V2X): V2X Communication For Autonomous Vehicles, V2X For Environmental Awareness (Weather, Road Conditions), V2X For Smart City Integration, V2X For Pedestrian And Cyclist Detection, V2X For Emergency Vehicle Communication, V2X For Multi-Vehicle Coordination And Platoon Control
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled The Bosch Group, Hitachi Ltd., Zhejiang Geely Holding Group Co Ltd., Daimler Truck AG, The Volvo Group, TRATON GROUP, ZF Friedrichshafen AG, Continental AG, Paccar Inc., Cummins Inc., Texas Instruments Inc., Aptiv PLC, Iveco Group, NXP Semiconductors N.V., Renesas Electronics Corporation, Navistar Inc., Peloton Technology Inc., Omnitracs LLC, DANLAW INC., Aeris Communications, Yazaki Corporation, Commsignia Ltd., WABCO Holdings Inc.
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Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

2. Automotive Platooning System Market Characteristics

3. Automotive Platooning System Market Trends And Strategies

4. Automotive Platooning System Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Automotive Platooning System Growth Analysis And Strategic Analysis Framework

5.1. Global Automotive Platooning System PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Automotive Platooning System Market Growth Rate Analysis

5.4. Global Automotive Platooning System Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Automotive Platooning System Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Automotive Platooning System Total Addressable Market (TAM)

6. Automotive Platooning System Market Segmentation

6.1. Global Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Vehicle-To-Vehicle (V2V)

Vehicle-To-Infrastructure (V2I)

Vehicle-To-Everything (V2X)

6.2. Global Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Hardware

Software

6.3. Global Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Adaptive Cruise Control (ACC)

Cooperative Adaptive Cruise Control (CACC)

6.4. Global Automotive Platooning System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Passenger Vehicles

Light-Duty Commercial Vehicles

Heavy-Duty Commercial Vehicles

6.5. Global Automotive Platooning System Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Original Equipment Manufacturer (OEM)

Aftermarket

6.6. Global Automotive Platooning System Market, Sub-Segmentation Of Vehicle-To-Vehicle (V2V), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Vehicle Communication Systems For Platooning

Collision Avoidance And Safety Systems

Adaptive Cruise Control For V2v

Cooperative Lane Management

Cooperative Merging And Lane Changing

V2v Data Sharing For Enhanced Traffic Flow

6.7. Global Automotive Platooning System Market, Sub-Segmentation Of Vehicle-To-Infrastructure (V2I), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Traffic Signal Coordination And Control

Roadside Unit (RSU) Communication For Platooning

V2i For Traffic Management And Congestion Reduction

Real-Time Traffic Data Exchange

Intelligent Road Signaling For Platooning Coordination

V2I For Automated Toll Collection And Parking Management

6.8. Global Automotive Platooning System Market, Sub-Segmentation Of Vehicle-To-Everything (V2X), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

V2X Communication For Autonomous Vehicles

V2X For Environmental Awareness (Weather, Road Conditions)

V2X For Smart City Integration

V2X For Pedestrian And Cyclist Detection

V2X For Emergency Vehicle Communication

V2X For Multi-Vehicle Coordination And Platoon Control

7. Automotive Platooning System Market Regional And Country Analysis

7.1. Global Automotive Platooning System Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Automotive Platooning System Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Automotive Platooning System Market

8.1. Asia-Pacific Automotive Platooning System Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Automotive Platooning System Market

9.1. China Automotive Platooning System Market Overview

9.2. China Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Automotive Platooning System Market

10.1. India Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Automotive Platooning System Market

11.1. Japan Automotive Platooning System Market Overview

11.2. Japan Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Automotive Platooning System Market

12.1. Australia Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Automotive Platooning System Market

13.1. Indonesia Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Automotive Platooning System Market

14.1. South Korea Automotive Platooning System Market Overview

14.2. South Korea Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Automotive Platooning System Market

15.1. Western Europe Automotive Platooning System Market Overview

15.2. Western Europe Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Automotive Platooning System Market

16.1. UK Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Automotive Platooning System Market

17.1. Germany Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Automotive Platooning System Market

18.1. France Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Automotive Platooning System Market

19.1. Italy Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Automotive Platooning System Market

20.1. Spain Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Automotive Platooning System Market

21.1. Eastern Europe Automotive Platooning System Market Overview

21.2. Eastern Europe Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Automotive Platooning System Market

22.1. Russia Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Automotive Platooning System Market

23.1. North America Automotive Platooning System Market Overview

23.2. North America Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Automotive Platooning System Market

24.1. USA Automotive Platooning System Market Overview

24.2. USA Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Automotive Platooning System Market

25.1. Canada Automotive Platooning System Market Overview

25.2. Canada Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Automotive Platooning System Market

26.1. South America Automotive Platooning System Market Overview

26.2. South America Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Automotive Platooning System Market

27.1. Brazil Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Automotive Platooning System Market

28.1. Middle East Automotive Platooning System Market Overview

28.2. Middle East Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Automotive Platooning System Market

29.1. Africa Automotive Platooning System Market Overview

29.2. Africa Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Automotive Platooning System Market Competitive Landscape And Company Profiles

30.1. Automotive Platooning System Market Competitive Landscape

30.2. Automotive Platooning System Market Company Profiles

30.2.1. The Bosch Group Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Zhejiang Geely Holding Group Co Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Daimler Truck AG Overview, Products and Services, Strategy and Financial Analysis

30.2.5. The Volvo Group Overview, Products and Services, Strategy and Financial Analysis

31. Automotive Platooning System Market Other Major And Innovative Companies

31.1. TRATON GROUP

31.2. ZF Friedrichshafen AG

31.3. Continental AG

31.4. Paccar Inc.

31.5. Cummins Inc.

31.6. Texas Instruments Inc.

31.7. Aptiv PLC

31.8. Iveco Group

31.9. NXP Semiconductors N.V.

31.10. Renesas Electronics Corporation

31.11. Navistar Inc.

31.12. Peloton Technology Inc.

31.13. Omnitracs LLC

31.14. DANLAW INC.

31.15. Aeris Communications

32. Global Automotive Platooning System Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Automotive Platooning System Market

34. Recent Developments In The Automotive Platooning System Market

35. Automotive Platooning System Market High Potential Countries, Segments and Strategies

35.1 Automotive Platooning System Market In 2029 - Countries Offering Most New Opportunities

35.2 Automotive Platooning System Market In 2029 - Segments Offering Most New Opportunities

35.3 Automotive Platooning System Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Automotive Platooning System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Automotive Platooning System Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Automotive Platooning System Market, Sub-Segmentation Of Vehicle-To-Vehicle (V2V), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Automotive Platooning System Market, Sub-Segmentation Of Vehicle-To-Infrastructure (V2I), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Automotive Platooning System Market, Sub-Segmentation Of Vehicle-To-Everything (V2X), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Automotive Platooning System Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Global Automotive Platooning System Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Asia-Pacific, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: China, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: India, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Japan, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Australia, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: Indonesia, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: South Korea, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Western Europe, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: UK, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: Germany, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: France, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Italy, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Spain, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Eastern Europe, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: Russia, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: North America, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: USA, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: Canada, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: South America, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Brazil, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Middle East, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Africa, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 79: The Bosch Group Financial Performance
  • Table 80: Hitachi Ltd. Financial Performance
  • Table 81: Zhejiang Geely Holding Group Co Ltd. Financial Performance
  • Table 82: Daimler Truck AG Financial Performance
  • Table 83: The Volvo Group Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Automotive Platooning System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Automotive Platooning System Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Automotive Platooning System Market, Sub-Segmentation Of Vehicle-To-Vehicle (V2V), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Automotive Platooning System Market, Sub-Segmentation Of Vehicle-To-Infrastructure (V2I), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Automotive Platooning System Market, Sub-Segmentation Of Vehicle-To-Everything (V2X), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Automotive Platooning System Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Global Automotive Platooning System Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Asia-Pacific, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: China, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: India, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Japan, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Australia, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: Indonesia, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: South Korea, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Western Europe, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: UK, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: Germany, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: France, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Italy, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Spain, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Eastern Europe, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: Russia, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: North America, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: USA, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: Canada, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: South America, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Brazil, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Middle East, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Automotive Platooning System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Automotive Platooning System Market, Segmentation By Components, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Africa, Automotive Platooning System Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 79: The Bosch Group Financial Performance
  • Figure 80: Hitachi Ltd. Financial Performance
  • Figure 81: Zhejiang Geely Holding Group Co Ltd. Financial Performance
  • Figure 82: Daimler Truck AG Financial Performance
  • Figure 83: The Volvo Group Financial Performance

Frequently Asked Questions

An automotive platooning system is a technology that allows multiple vehicles to travel closely together in a convoy, with the lead vehicle controlling the speed and direction while the following vehicles autonomously maintain a set distance, speed, and alignment. This system enhances fuel efficiency, reduces traffic congestion, and improves road safety. For further insights on this market, request a sample here

The market major growth driver - Rising Automotive Manufacturing Fuels Growth In The Automotive Platooning System Market. For further insights on this market, request a sample here

The automotive platooning system market size has grown exponentially in recent years. It will grow from $4.46 billion in 2024 to $5.97 billion in 2025 at a compound annual growth rate (CAGR) of 33.9%. The growth in the historic period can be attributed to advancements in autonomous vehicle technology, government regulations, and initiatives, a rise in traffic congestion, collaborations and partnerships, demonstration projects, and trials. The automotive platooning system market size is expected to see exponential growth in the next few years. It will grow to $18.38 billion in 2029 at a compound annual growth rate (CAGR) of 32.4%. The growth in the forecast period can be attributed to the expansion of vehicle-to-everything (v2x) communication networks, integration with smart cities initiatives, commercial fleet adoption, advances in safety technologies, and consumer demand for autonomous vehicles. Major trends in the forecast period include integration with electric vehicles (EVs), development of advanced driver assistance systems (ADAS), focus on cybersecurity, expansion of smart transportation infrastructure, artificial intelligence and machine learning innovations. For further insights on this market, request a sample here

The automotive platooning systemmarket covered in this report is segmented –
1) By Type: Vehicle-To-Vehicle (V2V), Vehicle-To-Infrastructure (V2I), Vehicle-To-Everything (V2X)
2) By Components: Hardware, Software
3) By Functionality: Adaptive Cruise Control (ACC), Cooperative Adaptive Cruise Control (CACC)
4) By Application: Passenger Vehicles, Light-Duty Commercial Vehicles, Heavy-Duty Commercial Vehicles
5) By End-Use: Original Equipment Manufacturer (OEM), Aftermarket Subsegments:
1) By Vehicle-To-Vehicle (V2V): Vehicle Communication Systems For Platooning, Collision Avoidance And Safety Systems, Adaptive Cruise Control For V2v, Cooperative Lane Management, Cooperative Merging And Lane Changing, V2v Data Sharing For Enhanced Traffic Flow
2) By Vehicle-To-Infrastructure (V2I): Traffic Signal Coordination And Control, Roadside Unit (RSU) Communication For Platooning, V2i For Traffic Management And Congestion Reduction, Real-Time Traffic Data Exchange, Intelligent Road Signaling For Platooning Coordination, V2I For Automated Toll Collection And Parking Management
3) By Vehicle-To-Everything (V2X): V2X Communication For Autonomous Vehicles, V2X For Environmental Awareness (Weather, Road Conditions), V2X For Smart City Integration, V2X For Pedestrian And Cyclist Detection, V2X For Emergency Vehicle Communication, V2X For Multi-Vehicle Coordination And Platoon Control For further insights on this market,
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North America was the largest region in the automotive platooning system market in 2024. The regions covered in the automotive platooning system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Major companies operating in the automotive platooning system market are The Bosch Group, Hitachi Ltd., Zhejiang Geely Holding Group Co Ltd., Daimler Truck AG, The Volvo Group, TRATON GROUP, ZF Friedrichshafen AG, Continental AG, Paccar Inc., Cummins Inc., Texas Instruments Inc., Aptiv PLC, Iveco Group, NXP Semiconductors N.V., Renesas Electronics Corporation, Navistar Inc., Peloton Technology Inc., Omnitracs LLC, DANLAW INC., Aeris Communications, Yazaki Corporation, Commsignia Ltd., WABCO Holdings Inc. . For further insights on this market, request a sample here.

Major trends in this market include Innovative Vehicle Safety Platforms Driving Advances In Automotive Platooning Systems. For further insights on this market, request a sample here.

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