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Truck Platooning Market Size, Growth, Demands Outlook and Forecasts to 2030

According to the research report, the global truck platooning market size is expected to touch USD 3549.38 Billion by 2030, from USD 99.37 Billion in 2022, growing with a significant CAGR of 56.2% from 2022 to 2030. 

Truck Platooning Market Size, Statistics 2021 to 2030

The truck platooning report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global truck platooning in conjunction with the geographical landscape of this vertical have also been included in this report.

The report offers intricate dynamics about different aspects of the global truck platooning market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global truck platooning during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).

Sample Link @ https://www.precedenceresearch.com/sample/1650

Market Scope (Table)

 Report Scope of the Truck Platooning Market

Report CoverageDetails
Market Size by 2030USD 3549.38 Billion
Growth Rate from 2022 to 2030

CAGR of 56.2%

Largest MarketEurope
Fastest Growing MakretNorth America
Base Year2021
Forecast Period2022 to 2030
Segments CoveredServices, Platooning Type, Communication Technology, Technology, Component, Autonomous Level, Geography

This study covers a detailed segmentation of the global truck platooning market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global truck platooning market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.

Key Players

  • Peloton Technology
  • AB Volvo
  • Scania
  • Daimler AG
  • Navistar Inc.
  • PACCAR Inc.
  • MAN
  • IVECO
  • Hino Motors Ltd.
  • Continental AG

Market Segmentation

 By Component

  • Forward Looking Camera
  • System Display with Rear Time Camera
  • RADAR Base Collision Mitigation
  • LiDAR

By Technology

  • Acceleration & Braking Controller
  • DSRS V2V Communication
  • Adaptive Cruise Control
  • Automated Emergency Braking (AEB)
  • Blind Spot Warning (BSW)
  • Forward Collision Warning (FCW)
  • Global Positioning System (GPS)
  • Human Machine Interface (HMI)
  • Lane Keep Assist (LKA)
  • Others

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 Services

  • Telematics-Based Services
    • Automatic Crash Notification
    • Emergency Calling
    • Navigation & Infotainment
    • On-road Assistance
    • Remote Diagnostics
    • Vehicle Tracking
  • Platooning-Based Services
    • Pricing
    • Financial Transaction
    • Match Making

By Autonomous Level

  • Semi-autonomous
  • Full-autonomous

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Philippines
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of the Middle East & Africa

Research Methodology

The research methodology adopted by analysts for compiling the global truck platooning report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global truck platooning market.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Autonomous Level Procurement Analysis 

4.3.2. Sales and Services Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Truck Platooning Market 

5.1. COVID-19 Landscape: Truck Platooning Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Truck Platooning Market, By Component Type

8.1. Truck Platooning Market, by Component Type, 2022-2030

8.1.1. Forward Looking Camera

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. System Display with Rear Time Camera

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. RADAR Base Collision Mitigation

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. LiDAR

8.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Truck Platooning Market, By Platooning Type

9.1. Truck Platooning Market, by Platooning Type, 2022-2030

9.1.1. Driver-assistive Tuck Platooning (DATP)

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Autonomous Truck Platooning

9.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Truck Platooning Market, By Technology Type 

10.1. Truck Platooning Market, by Technology Type, 2022-2030

10.1.1. Acceleration & Braking Controller

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. DSRS V2V Communication

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Adaptive Cruise Control

10.1.3.1. Market Revenue and Forecast (2017-2030)

10.1.4. Automated Emergency Braking (AEB)

10.1.4.1. Market Revenue and Forecast (2017-2030)

10.1.5. Blind Spot Warning (BSW)

10.1.5.1. Market Revenue and Forecast (2017-2030)

10.1.6. Lane Keep Assist (LKA)

10.1.6.1. Market Revenue and Forecast (2017-2030)

10.1.7. Human Machine Interface (HMI)

10.1.7.1. Market Revenue and Forecast (2017-2030)

10.1.8. Global Positioning System (GPS)

10.1.8.1. Market Revenue and Forecast (2017-2030)

10.1.9. Forward Collision Warning (FCW)

10.1.9.1. Market Revenue and Forecast (2017-2030)

10.1.10. Others

10.1.10.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Truck Platooning Market, By Communication Technology Type

11.1. Truck Platooning Market, by Communication Technology Type, 2022-2030

11.1.1. Vehicle-to-infrastructure (V2I)

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. Vehicle-to-vehicle (V2V)

11.1.2.1. Market Revenue and Forecast (2017-2030)

11.1.3. Vehicle-to-everything (V2X)

11.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Truck Platooning Market, By Services

12.1. Truck Platooning Market, by Services, 2022-2030

12.1.1. Telematics-Based Services

12.1.1.1. Market Revenue and Forecast (2017-2030)

12.1.2. Platooning-Based Services

12.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 13. Global Truck Platooning Market, By Autonomous Level

13.1. Truck Platooning Market, by Autonomous Level Type, 2022-2030

13.1.1. Semi-autonomous

13.1.1.1. Market Revenue and Forecast (2017-2030)

13.1.2. Full-autonomous

13.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 14. Global Truck Platooning  Market, Regional Estimates and Trend Forecast

14.1. North America

14.1.1. Market Revenue and Forecast, by Component (2017-2030)

14.1.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.1.3. Market Revenue and Forecast, by Technology (2017-2030)

14.1.4. Market Revenue and Forecast, by Communication Technology (2017-2030)

14.1.5. Market Revenue and Forecast, by Services (2017-2030)

14.1.6. Market Revenue and Forecast, by Autonomous Level (2017-2030)

14.1.7. U.S.

14.1.7.1. Market Revenue and Forecast, by Component (2017-2030)

14.1.7.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.1.7.3. Market Revenue and Forecast, by Technology (2017-2030)

14.1.7.4. Market Revenue and Forecast, by Communication Technology (2017-2030)

14.1.8. Market Revenue and Forecast, by Services (2017-2030)

14.1.8.1. Market Revenue and Forecast, by Autonomous Level (2017-2030) 

14.1.9. Rest of North America

14.1.9.1. Market Revenue and Forecast, by Component (2017-2030)

14.1.9.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.1.9.3. Market Revenue and Forecast, by Technology (2017-2030)

14.1.9.4. Market Revenue and Forecast, by Communication Technology (2017-2030)

14.1.10. Market Revenue and Forecast, by Services (2017-2030)

14.1.11. Market Revenue and Forecast, by Autonomous Level (2017-2030)

14.1.11.1.

14.2. Europe

14.2.1. Market Revenue and Forecast, by Component (2017-2030)

14.2.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.2.3. Market Revenue and Forecast, by Technology (2017-2030)

14.2.4. Market Revenue and Forecast, by Communication Technology (2017-2030) 

14.2.5. Market Revenue and Forecast, by Services (2017-2030)

14.2.6. Market Revenue and Forecast, by Autonomous Level (2017-2030)

14.2.7.

14.2.8. UK

14.2.8.1. Market Revenue and Forecast, by Component (2017-2030)

14.2.8.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.2.8.3. Market Revenue and Forecast, by Technology (2017-2030)

14.2.9. Market Revenue and Forecast, by Communication Technology (2017-2030) 

14.2.10. Market Revenue and Forecast, by Services (2017-2030)

14.2.10.1. Market Revenue and Forecast, by Autonomous Level (2017-2030) 

14.2.11. Germany

14.2.11.1. Market Revenue and Forecast, by Component (2017-2030)

14.2.11.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.2.11.3. Market Revenue and Forecast, by Technology (2017-2030)

14.2.12. Market Revenue and Forecast, by Communication Technology (2017-2030)

14.2.13. Market Revenue and Forecast, by Services (2017-2030)

14.2.14. Market Revenue and Forecast, by Autonomous Level (2017-2030)

14.2.14.1.

14.2.15. France

14.2.15.1. Market Revenue and Forecast, by Component (2017-2030)

14.2.15.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.2.15.3. Market Revenue and Forecast, by Technology (2017-2030)

14.2.15.4. Market Revenue and Forecast, by Communication Technology (2017-2030)

14.2.16. Market Revenue and Forecast, by Services (2017-2030)

14.2.16.1. Market Revenue and Forecast, by Autonomous Level (2017-2030)

14.2.17. Rest of Europe

14.2.17.1. Market Revenue and Forecast, by Component (2017-2030)

14.2.17.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.2.17.3. Market Revenue and Forecast, by Technology (2017-2030)

14.2.17.4. Market Revenue and Forecast, by Communication Technology (2017-2030)

14.2.18. Market Revenue and Forecast, by Services (2017-2030)

14.2.18.1. Market Revenue and Forecast, by Autonomous Level (2017-2030)

14.3. APAC

14.3.1. Market Revenue and Forecast, by Component (2017-2030)

14.3.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.3.3. Market Revenue and Forecast, by Technology (2017-2030)

14.3.4. Market Revenue and Forecast, by Communication Technology (2017-2030)

14.3.5. Market Revenue and Forecast, by Services (2017-2030)

14.3.6. Market Revenue and Forecast, by Autonomous Level (2017-2030)

14.3.7. India

14.3.7.1. Market Revenue and Forecast, by Component (2017-2030)

14.3.7.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.3.7.3. Market Revenue and Forecast, by Technology (2017-2030)

14.3.7.4. Market Revenue and Forecast, by Communication Technology (2017-2030)

14.3.8. Market Revenue and Forecast, by Services (2017-2030)

14.3.9. Market Revenue and Forecast, by Autonomous Level (2017-2030)

14.3.10. China

14.3.10.1. Market Revenue and Forecast, by Component (2017-2030)

14.3.10.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.3.10.3. Market Revenue and Forecast, by Technology (2017-2030)

14.3.10.4. Market Revenue and Forecast, by Communication Technology (2017-2030)

14.3.11. Market Revenue and Forecast, by Services (2017-2030)

14.3.11.1. Market Revenue and Forecast, by Autonomous Level (2017-2030)

14.3.12. Japan

14.3.12.1. Market Revenue and Forecast, by Component (2017-2030)

14.3.12.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.3.12.3. Market Revenue and Forecast, by Technology (2017-2030)

14.3.12.4. Market Revenue and Forecast, by Communication Technology (2017-2030)

14.3.12.5. Market Revenue and Forecast, by Services (2017-2030)

14.3.12.6. Market Revenue and Forecast, by Autonomous Level (2017-2030)

14.3.13. Rest of APAC

14.3.13.1. Market Revenue and Forecast, by Component (2017-2030)

14.3.13.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.3.13.3. Market Revenue and Forecast, by Technology (2017-2030)

14.3.13.4. Market Revenue and Forecast, by Communication Technology (2017-2030)

14.3.13.5. Market Revenue and Forecast, by Services (2017-2030)

14.3.13.6. Market Revenue and Forecast, by Autonomous Level (2017-2030)

14.4. MEA

14.4.1. Market Revenue and Forecast, by Component (2017-2030)

14.4.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.4.3. Market Revenue and Forecast, by Technology (2017-2030)

14.4.4. Market Revenue and Forecast, by Communication Technology (2017-2030)

14.4.5. Market Revenue and Forecast, by Services (2017-2030)

14.4.6. Market Revenue and Forecast, by Autonomous Level (2017-2030)

14.4.7. GCC

14.4.7.1. Market Revenue and Forecast, by Component (2017-2030)

14.4.7.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.4.7.3. Market Revenue and Forecast, by Technology (2017-2030)

14.4.7.4. Market Revenue and Forecast, by Communication Technology (2017-2030)

14.4.8. Market Revenue and Forecast, by Services (2017-2030)

14.4.9. Market Revenue and Forecast, by Autonomous Level (2017-2030)

14.4.10. North Africa

14.4.10.1. Market Revenue and Forecast, by Component (2017-2030)

14.4.10.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.4.10.3. Market Revenue and Forecast, by Technology (2017-2030)

14.4.10.4. Market Revenue and Forecast, by Communication Technology (2017-2030)

14.4.11. Market Revenue and Forecast, by Services (2017-2030)

14.4.12. Market Revenue and Forecast, by Autonomous Level (2017-2030)

14.4.13. South Africa

14.4.13.1. Market Revenue and Forecast, by Component (2017-2030)

14.4.13.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.4.13.3. Market Revenue and Forecast, by Technology (2017-2030)

14.4.13.4. Market Revenue and Forecast, by Communication Technology (2017-2030)

14.4.13.5. Market Revenue and Forecast, by Services (2017-2030)

14.4.13.6. Market Revenue and Forecast, by Autonomous Level (2017-2030)

14.4.14. Rest of MEA

14.4.14.1. Market Revenue and Forecast, by Component (2017-2030)

14.4.14.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.4.14.3. Market Revenue and Forecast, by Technology (2017-2030)

14.4.14.4. Market Revenue and Forecast, by Communication Technology (2017-2030)

14.4.14.5. Market Revenue and Forecast, by Services (2017-2030)

14.4.14.6. Market Revenue and Forecast, by Autonomous Level (2017-2030)

14.5. Latin America

14.5.1. Market Revenue and Forecast, by Component (2017-2030)

14.5.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.5.3. Market Revenue and Forecast, by Technology (2017-2030)

14.5.4. Market Revenue and Forecast, by Communication Technology (2017-2030)

14.5.5. Market Revenue and Forecast, by Services (2017-2030)

14.5.6. Market Revenue and Forecast, by Autonomous Level (2017-2030)

14.5.7. Brazil

14.5.7.1. Market Revenue and Forecast, by Component (2017-2030)

14.5.7.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.5.7.3. Market Revenue and Forecast, by Technology (2017-2030)

14.5.7.4. Market Revenue and Forecast, by Communication Technology (2017-2030)

14.5.8. Market Revenue and Forecast, by Services (2017-2030)

14.5.8.1. Market Revenue and Forecast, by Autonomous Level (2017-2030)

14.5.9. Rest of LATAM

14.5.9.1. Market Revenue and Forecast, by Component (2017-2030)

14.5.9.2. Market Revenue and Forecast, by Platooning Type (2017-2030)

14.5.9.3. Market Revenue and Forecast, by Technology (2017-2030)

14.5.9.4. Market Revenue and Forecast, by Communication Technology (2017-2030)

14.5.9.5. Market Revenue and Forecast, by Services (2017-2030)

14.5.9.6. Market Revenue and Forecast, by Autonomous Level (2017-2030)

Chapter 15. Company Profiles

15.1. Peloton Technology

15.1.1. Company Overview

15.1.2. Product Offerings

15.1.3. Financial Performance

15.1.4. Recent Initiatives

15.2. AB Volvo

15.2.1. Company Overview

15.2.2. Product Offerings

15.2.3. Financial Performance

15.2.4. Recent Initiatives

15.3. Scania

15.3.1. Company Overview

15.3.2. Product Offerings

15.3.3. Financial Performance

15.3.4. Recent Initiatives

15.4. Daimler AG

15.4.1. Company Overview

15.4.2. Product Offerings

15.4.3. Financial Performance

15.4.4. Recent Initiatives

15.5. Navistar Inc.

15.5.1. Company Overview

15.5.2. Product Offerings

15.5.3. Financial Performance

15.5.4. Recent Initiatives

15.6. PACCAR Inc.

15.6.1. Company Overview

15.6.2. Product Offerings

15.6.3. Financial Performance

15.6.4. Recent Initiatives

15.7. MAN

15.7.1. Company Overview

15.7.2. Product Offerings

15.7.3. Financial Performance

15.7.4. Recent Initiatives

15.8. IVECO

15.8.1. Company Overview

15.8.2. Product Offerings

15.8.3. Financial Performance

15.8.4. Recent Initiatives

15.9. Hino Motors Ltd.

15.9.1. Company Overview

15.9.2. Product Offerings

15.9.3. Financial Performance

15.9.4. Recent Initiatives

15.10. Continental AG

15.10.1. Company Overview

15.10.2. Product Offerings

15.10.3. Financial Performance

15.10.4. Recent Initiatives

Chapter 16. Research Methodology

16.1. Primary Research

16.2. Secondary Research

16.3. Assumptions

Chapter 17. Appendix

17.1. About Us

17.2. Glossary of Terms

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