Truck Platooning Global Market Report 2024

Global Truck Platooning Market Report 2024

Truck Platooning Global Market Report 2024 – By Services (Telematic Based Services, Automatic Crash Notification, Emergency Calling, Navigation And Infotainment, On Road Assistance, Remote Diagnostics, Vehicle Tracking, Other Services), By Component (Forward Looking Camera, System Display With Rear Time Camera, RADAR Base Collision Mitigation, LiDAR), By Platooning Type (Driver-Assistive Tuck Platooning (DATP), Autonomous Truck Platooning), By Communication Technology (Vehicle-To-Infrastructure (V2I), Vehicle-To-Vehicle (V2V), Vehicle-To-Everything (V2X)), By Autonomous Level (Semi-Autonomous, Full-Autonomous) – Market Size, Trends, And Global Forecast 2024-2033

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Truck Platooning Global Market Report 2024

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Truck Platooning Global Market Report 2024

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Truck Platooning Market Definition

Truck platooning is the merging of two or more vehicles in a platoon using autonomous driving support systems and networking technology. It enables trucks to follow one another closely, lowering air resistance and enhancing fuel efficiency.

The main services of truck platooning are telematic-based, automatic crash notification, emergency calling, navigation and infotainment, on-road assistance, remote diagnostics, vehicle tracking and others. Telematic services describe the application of communications and IT to the transmission of data across networks. The components involved are a forward-looking camera, a system display with a rear time camera, radar base collision mitigation and lidar. The platooning types involved are driver-assistive truck platooning (DATP) and autonomous truck platooning that consists of vehicle-to-infrastructure (V2I), vehicle-to-vehicle (V2V), vehicle-to-everything (V2X) communication technologies on the semi-autonomous and full-autonomous autonomous level.

Truck Platooning Market Segmentation

The truck platooning market covered in this report is segmented –

1) By Services: Telematic Based Services, Automatic Crash Notification, Emergency Calling, Navigation And Infotainment, On Road Assistance, Remote Diagnostics, Vehicle Tracking, Other Services

2) By Component: Forward Looking Camera, System Display With Rear Time Camera, RADAR Base Collision Mitigation, LiDAR

3) By Platooning Type: Driver-Assistive Tuck Platooning (DATP), Autonomous Truck Platooning

4) By Communication Technology: Vehicle-To-Infrastructure (V2I), Vehicle-To-Vehicle (V2V), Vehicle-To-Everything (V2X)

5) By Autonomous Level: Semi-Autonomous, Full-Autonomous

Global Truck Platooning Market Size 2023 to 2028: Graph

Truck Platooning Market Size 2024 And Growth Rate

The truck platooning market size has grown exponentially in recent years. It will grow from $2.08 billion in 2023 to $2.75 billion in 2024 at a compound annual growth rate (CAGR) of 31.9%. The growth in the historic period can be attributed to fuel efficiency and cost savings, regulatory initiatives and emission standards,supply chain optimization and logistics efficiency, road safety and accident prevention.

Truck Platooning Market Growth Forecast

The truck platooning market size is expected to see exponential growth in the next few years. It will grow to $7.94 billion in 2028 at a compound annual growth rate (CAGR) of 30.4%. The growth in the forecast period can be attributed to continued emphasis on sustainability, advancements in connected vehicle technologies, expansion of automated driving capabilities, global trade and freight movement, infrastructure investments and smart transportation. Major trends in the forecast period include testing and pilot programs, development of cybersecurity measures, integration with connected infrastructure, focus on driver training and education, market entry of new players.

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Truck Platooning Market Driver: Rising Commercial Vehicle Sales Fuel Expansion Of Truck Platooning Market

The growing sales of commercial vehicles are expected to propel the growth of truck platooning going forward. A commercial vehicle is referred to as a vehicle that moves people or goods for business purposes. Increasing commercial vehicles will create demand for platooning technologies due to which they gain benefits such as increased efficiency, reduced loss, and improved fuel economy. Truck is part of commercial vehicles and as the trucks increase, their need for improving operations or road safety also increases which also creates demand for platooning. For instance, in September 2022, according to Rushlane, an India-based automotive company, sales of commercial vehicles increased from 54,107 units in August 2021 to 67,158 units in August 2022. Therefore, the growing sales of commercial vehicles are driving the growth of truck platooning market.

Truck Platooning Market Driver: Growing Manufacturing Activities

Growing manufacturing activities are expected to propel the growth of the truck platooning market going forward. Manufacturing refers to the process of transforming raw materials or component components into completed things using tools, labor, machinery, and chemical processing. The use of truck platooning systems has a significant role in the expansion of manufacturing activities, as these systems are used to provide effective and automated loading processes that reduce manual labor, increase productivity, and enhance logistics operations. For instance, in February 2023, according to Statistics Canada, a Canada-based government agency, the manufacturing industry in Canada experienced remarkable growth, with total sales increasing by 17.9% to reach $850.9 billion in 2022. Furthermore, in March 2022, according to a report shared by the United Nations Industrial Development Organization, an Austria-based specialized agency, global manufacturing production rose by 9.4% in 2021. Therefore, growing manufacturing activities are driving the growth of the truck platooning market.

Synergies Between Autonomous Driving And Truck Platooning

The rising in autonomous driving trends is expected to propel the growth of the truck platooning market going forward. Autonomous driving refers to the capability of a vehicle to operate and navigate without direct human input or intervention. Autonomous driving systems can be integrated into platooning systems, allowing trucks to operate in close proximity and synchronize their movements. This integration enhances the efficiency and safety of platooning operations. For instance, in 2022, according to the Autonomous Vehicle Industry Association, a US-based trade association that represents companies developing autonomous vehicle (AV) technology aimed at improving safety and enhancing mobility, Autonomous Vehicle have driven more than 44 million miles equivalent to 184 trips to the moon – or 1,767 trips around the world. on U.S. public roads. Therefore, the rising in autonomous driving trends is driving the growth of the truck platooning market.

Global Truck Platooning Market Major Players

Major companies operating in the truck platooning market report are Daimler AG, Peloton Technology Ltd., Aktiebolaget Volvo, Continental AG, Navistar Inc., Scania AB, IVECO SpA, Hino Motors Ltd., Nvidia Corporation, Bendix Corporation, MAN Truck & Bus SE, DAF Trucks NV, Omnitracs LLC, Robert Bosch GmbH, ZF Friedrichshafen AG, PACCAR Inc., WABCO Holdings Inc., Stoneridge Inc., Denso Corporation, Magna International Inc., Aptiv plc, Autoliv Inc., Valeo SA, Mobileye Global Inc., TomTom NV, Trimble Inc., Transdev plc, Waymo LLC, Aurora Innovation Inc., TuSimple Holdings Inc., Embark Trucks Inc., Plus.ai, Starsky Robotics Inc., Ike Robotics Inc., Kodiak Robotics Inc., Locomation Inc. .

Global Truck Platooning Market Trend: Pioneering Technology Integration Drives Truck Platooning Market Leaders

Major companies operating in the truck platooning market are adopting new technologies to sustain their position in the market. Adopting new technologies refers to the process by which companies or organizations incorporate or integrate innovative tools, systems, or methodologies into their operations to enhance efficiency, improve performance, or gain a competitive edge. For instance, in September 2023, Resolute Forest Products, formerly known as AbitibiBowater Inc., a Canada-based pulp and paper company, is helping advance an exciting off-highway automated vehicle (AV) technology known as truck platooning. The test utilized a pickup truck prototype in summer and winter conditions. Upcoming phases will examine performance in more challenging scenarios using loaded freight in cold, icy and low-light conditions with full scale Class 8 Trucks, equipped with RRAI’s (Telecom Regulatory Authority of India) AutoDrive autonomous platform.

Global Truck Platooning Market Trend: Nauto's Cutting-Edge Telematics Solution Integrating Ai-Powered Safety Features

Major companies operating in truck platooning market are focused on developing innovative services such as Telematics Solution, Consolidating AI-powered fleet safety, risk, and operations in a single solution. This innovative approach marks a significant advancement in telematics technology, streamlining and enhancing various facets of fleet management. For instance, in October 2023, Nauto, a US-based company that specializes in AI-driven driver safety technology for fleets launched new telematics capabilities offering visibility into vehicle tracking, utilization, misuse and maintenance planning. Nauto's newest release combines telematics with state-of-the-art AI-driven features for both driver and vehicle safety, all consolidated on a single device and software platform. This integrated solution addresses the challenge of excessive devices in commercial vehicle cabs, enabling fleet operators to reduce costs and optimize efficiency. Moreover, Nauto has upgraded its safety features by introducing specialized detectors that generate specific alerts, distinguishing between pedestrians, bicyclists, and motorcyclists in situations where there's a detected risk of collision with these vulnerable road users (VRUs).

Regional Analysis For The Global Truck Platooning Market

Asia-Pacific was the largest region in the truck platooning market in 2023. North America is expected to be the truck platooning market report fastest-growing region in the forecast period. The regions covered in the truck platooning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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

The truck platooning market consists of revenues earned by entities by providing adaptive cruise control (ACC), global positioning systems (GPS), and human–machine interface (HMI) in truck platooning. The market value includes the value of related goods sold by the service provider or included within the service offering. The truck platooning market also includes sales of sensors that are used in providing truck platooning services. 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.

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.

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

Truck Platooning Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$2.75 billion
Revenue Forecast In 2033	$7.94 billion
Growth Rate	CAGR of 30.4% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Services: Telematic Based Services, Automatic Crash Notification, Emergency Calling, Navigation And Infotainment, On Road Assistance, Remote Diagnostics, Vehicle Tracking, Other Services 2) By Component: Forward Looking Camera, System Display With Rear Time Camera, RADAR Base Collision Mitigation, LiDAR 3) By Platooning Type: Driver-Assistive Tuck Platooning (DATP), Autonomous Truck Platooning 4) By Communication Technology: Vehicle-To-Infrastructure (V2I), Vehicle-To-Vehicle (V2V), Vehicle-To-Everything (V2X) 5) By Autonomous Level: Semi-Autonomous, Full-Autonomous
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 for an additional fee: 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	Daimler AG; Peloton Technology Ltd.; Aktiebolaget Volvo; Continental AG; Navistar Inc.; Scania AB; IVECO SpA; Hino Motors Ltd.; Nvidia Corporation; Bendix Corporation; MAN Truck & Bus SE; DAF Trucks NV; Omnitracs LLC; Robert Bosch GmbH; ZF Friedrichshafen AG; PACCAR Inc.; WABCO Holdings Inc.; Stoneridge Inc.; Denso Corporation; Magna International Inc.; Aptiv plc; Autoliv Inc.; Valeo SA; Mobileye Global Inc.; TomTom NV; Trimble Inc.; Transdev plc; Waymo LLC; Aurora Innovation Inc.; TuSimple Holdings Inc.; Embark Trucks Inc.; Plus.ai; Starsky Robotics Inc.; Ike Robotics Inc.; Kodiak Robotics Inc.; Locomation Inc.
Customization Scope	Request for Sample
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1. Executive Summary

2. Truck Platooning Market Characteristics

3. Truck Platooning Market Trends And Strategies

4. Truck Platooning Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Truck Platooning Market Size and Growth

5.1. Global Truck Platooning Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Truck Platooning Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Truck Platooning Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Truck Platooning Market Segmentation

6.1. Global Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Telematic Based Services

Automatic Crash Notification

Emergency Calling

Navigation And Infotainment

On Road Assistance

Remote Diagnostics

Vehicle Tracking

Other Services

6.2. Global Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Forward Looking Camera

System Display With Rear Time Camera

RADAR Base Collision Mitigation

LiDAR

6.3. Global Truck Platooning Market, Segmentation By Platooning Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Driver-Assistive Tuck Platooning (DATP)

Autonomous Truck Platooning

6.4. Global Truck Platooning Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Vehicle-To-Infrastructure (V2I)

Vehicle-To-Vehicle (V2V)

Vehicle-To-Everything (V2X)

6.5. Global Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Semi-Autonomous

Full-Autonomous

7. Truck Platooning Market Regional And Country Analysis

7.1. Global Truck Platooning Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Truck Platooning Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Truck Platooning Market

8.1. Asia-Pacific Truck Platooning Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Truck Platooning Market

9.1. China Truck Platooning Market Overview

9.2. China Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Truck Platooning Market

10.1. India Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Truck Platooning Market

11.1. Japan Truck Platooning Market Overview

11.2. Japan Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Truck Platooning Market

12.1. Australia Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Truck Platooning Market

13.1. Indonesia Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Truck Platooning Market

14.1. South Korea Truck Platooning Market Overview

14.2. South Korea Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Truck Platooning Market

15.1. Western Europe Truck Platooning Market Overview

15.2. Western Europe Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Truck Platooning Market

16.1. UK Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Truck Platooning Market

17.1. Germany Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Truck Platooning Market

18.5. France Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.6. France Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.7. France Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Truck Platooning Market

19.9. Italy Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.10. Italy Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.11. Italy Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Truck Platooning Market

20.13. Spain Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.14. Spain Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.15. Spain Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Truck Platooning Market

21.1. Eastern Europe Truck Platooning Market Overview

21.2. Eastern Europe Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Truck Platooning Market

22.1. Russia Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Truck Platooning Market

23.1. North America Truck Platooning Market Overview

23.2. North America Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Truck Platooning Market

24.1. USA Truck Platooning Market Overview

24.2. USA Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Truck Platooning Market

25.1. Canada Truck Platooning Market Overview

25.2. Canada Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Truck Platooning Market

26.1. South America Truck Platooning Market Overview

26.2. South America Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Truck Platooning Market

27.1. Brazil Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Truck Platooning Market

28.1. Middle East Truck Platooning Market Overview

28.2. Middle East Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Truck Platooning Market

29.1. Africa Truck Platooning Market Overview

29.2. Africa Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Truck Platooning Market Competitive Landscape And Company Profiles

30.1. Truck Platooning Market Competitive Landscape

30.2. Truck Platooning Market Company Profiles

30.2.1. Daimler AG

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Peloton Technology Ltd.

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Aktiebolaget Volvo

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Continental AG

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Navistar Inc.

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Truck Platooning Market Competitive Benchmarking

32. Global Truck Platooning Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Truck Platooning Market

34. Truck Platooning Market Future Outlook and Potential Analysis

34.1 Truck Platooning Market In 2028 - Countries Offering Most New Opportunities

34.2 Truck Platooning Market In 2028 - Segments Offering Most New Opportunities

34.3 Truck Platooning Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Truck Platooning Market, Segmentation By Platooning Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Truck Platooning Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Truck Platooning Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Global Truck Platooning Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: Asia-Pacific, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: China, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: India, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Japan, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Australia, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: Indonesia, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: South Korea, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Western Europe, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: UK, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: Germany, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: France, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Italy, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Spain, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Eastern Europe, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: Russia, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: North America, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: USA, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: Canada, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: South America, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Brazil, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Middle East, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Africa, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 76: Daimler AG Financial Performance

Table 77: Peloton Technology Ltd. Financial Performance

Table 78: Aktiebolaget Volvo Financial Performance

Table 79: Continental AG Financial Performance

Table 80: Navistar Inc. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Truck Platooning Market, Segmentation By Platooning Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Truck Platooning Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Truck Platooning Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Global Truck Platooning Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: Asia-Pacific, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: China, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: India, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Japan, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Australia, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: Indonesia, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: South Korea, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Western Europe, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: UK, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: Germany, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: France, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Italy, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Spain, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Eastern Europe, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: Russia, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: North America, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: USA, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: Canada, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: South America, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Brazil, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Middle East, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Truck Platooning Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Truck Platooning Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Africa, Truck Platooning Market, Segmentation By Autonomous Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 76: Daimler AG Financial Performance

Figure 77: Peloton Technology Ltd. Financial Performance

Figure 78: Aktiebolaget Volvo Financial Performance

Figure 79: Continental AG Financial Performance

Figure 80: Navistar Inc. Financial Performance

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Frequently Asked Questions

What is the definition of the truck platooning market?

How will the truck platooning market drivers and restraints affect the truck platooning market dynamics? What forces will shape the truck platooning industry going forward?

The truck platooning market major growth driver - rising commercial vehicle sales fuel expansion of truck platooning market. For further insights on the truck platooning market, request a sample here

What is the forecast market size or the forecast market value of the truck platooning market ?

The truck platooning market size has grown exponentially in recent years. It will grow from $2.08 billion in 2023 to $2.75 billion in 2024 at a compound annual growth rate (CAGR) of 31.9%. The growth in the historic period can be attributed to fuel efficiency and cost savings, regulatory initiatives and emission standards,supply chain optimization and logistics efficiency, road safety and accident prevention.. The truck platooning market size is expected to see exponential growth in the next few years. It will grow to $7.94 billion in 2028 at a compound annual growth rate (CAGR) of 30.4%. The growth in the forecast period can be attributed to continued emphasis on sustainability, advancements in connected vehicle technologies, expansion of automated driving capabilities, global trade and freight movement, infrastructure investments and smart transportation.. Major trends in the forecast period include testing and pilot programs, development of cybersecurity measures, integration with connected infrastructure, focus on driver training and education, market entry of new players.. For further insights on the truck platooning market, request a sample here

How is the truck platooning market segmented?

The truck platooning market is segmented
1) By Services: Telematic Based Services, Automatic Crash Notification, Emergency Calling, Navigation And Infotainment, On Road Assistance, Remote Diagnostics, Vehicle Tracking, Other Services
2) By Component: Forward Looking Camera, System Display With Rear Time Camera, RADAR Base Collision Mitigation, LiDAR
3) By Platooning Type: Driver-Assistive Tuck Platooning (DATP), Autonomous Truck Platooning
4) By Communication Technology: Vehicle-To-Infrastructure (V2I), Vehicle-To-Vehicle (V2V), Vehicle-To-Everything (V2X)
5) By Autonomous Level: Semi-Autonomous, Full-AutonomousFor further insights on the truck platooning market, request a sample here

Which region has the largest share of the truck platooning market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the truck platooning market in 2023. North America is expected to be the truck platooning market report fastest-growing region in the forecast period. The regions covered in the truck platooning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the truck platooning market, request a sample here.

Who are the major players in the truck platooning market?

What are the key trends in the truck platooning market?

Major trend in the truck platooning market - pioneering technology integration drives truck platooning market leaders. For further insights on the truck platooning market, request a sample here.

What are the major opportunities in the truck platooning market? What are the strategies for the truck platooning market?

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How does the truck platooning market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the truck platooning industry?

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What are the key dynamics influencing the truck platooning market growth? SWOT analysis of the truck platooning market.

For detailed insights on the key dynamics influencing the truck platooning market growth and SWOT analysis of the truck platooning industry, request a sample here.