Truck Platooning Systems Global Market Report 2024

Global Truck Platooning Systems Market Report 2024

Truck Platooning Systems Global Market Report 2024 – By Component (Forward-Looking Camera, System Display With Rear Time Camera, Driver-Centric Design), By Vehicle (Light Commercial, Heavy Commercial), By Technology (Acceleration And Braking Controller, Global Positioning System, Cellular And Wi-Fi Communication, DSRS Vehicle-To-Vehicle Communication) – Market Size, Trends, And Global Forecast 2024-2033

Name: Truck Platooning Systems Global Market Report 2024
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Truck Platooning Systems Global Market Report 2024

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Truck Platooning Systems Market Definition

Truck platooning systems are a technologically advanced mode of transportation in which a convoy of trucks moves closely together while utilizing sophisticated communication and control systems to keep a tight formation. These systems offer reduced fuel consumption due to improved aerodynamics, increased highway capacity by reducing the space between vehicles, and enhanced safety through coordinated braking and collision avoidance systems.

The main types of components in truck platooning systems are a forward-looking camera, a system display with a rear-time camera, and a driver-centric design. A forward-looking camera typically refers to a camera system mounted on the front of a vehicle, such as a car, truck, or autonomous vehicle. It can be used for various vehicle types, such as light commercial and heavy commercial, through various technologies, including acceleration and braking controllers, global positioning systems, cellular and Wi-Fi communication, and DSRS vehicle-to-Vehicle communication.

Truck Platooning Systems Market Segmentation

The truck platooning systems market covered in this report is segmented –

1) By Component: Forward-Looking Camera, System Display With Rear Time Camera, Driver-Centric Design

2) By Vehicle: Light Commercial, Heavy Commercial

3) By Technology: Acceleration And Braking Controller, Global Positioning System, Cellular And Wi-Fi Communication, DSRS Vehicle-To-Vehicle Communication

Global Truck Platooning Systems Market Size 2023 to 2028: Graph

Truck Platooning Systems Market Size 2024 And Growth Rate

The truck platooning systems market size has grown rapidly in recent years. It will grow from $0.95 billion in 2023 to $1.13 billion in 2024 at a compound annual growth rate (CAGR) of 18.2%. The growth in the historic period can be attributed to regulatory pressures, expansion of cooperative and automated mobility, supply chain efficiency, and safety considerations.

Truck Platooning Systems Market Growth Forecast

The truck platooning systems market size is expected to see rapid growth in the next few years. It will grow to $2.21 billion in 2028 at a compound annual growth rate (CAGR) of 18.3%. The growth in the forecast period can be attributed to traffic congestion and road capacity, increased adoption in freight industry improved safety, increasing freight demand, growing emphasis on automation. Major trends in the forecast period include development of multi-brand platooning solutions, regulatory harmonization and standardization, and emergence of hybrid platooning models.

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Truck Platooning Systems Market Driver: Commercial Vehicle Expansion Fuels The Growth Of The Truck Platooning Systems Market

A growing number of commercial vehicles is expected to propel the growth of the truck platooning systems market going forward. Commercial vehicles are a broad category primarily designed for commercial use rather than personal transportation. The rise in number of commercial vehicles is due to economic growth, changes in consumer behavior, and the evolving dynamics of global trade and transportation. Truck platooning systems improve commercial vehicles' efficiency, safety, and cost savings, making them an attractive option for fleet operators looking to optimize their operations. For instance, in January 2024, according to the European Automobile Manufacturers Association, a Belgium-based group of the automobile industry, European Union bus registrations in 2023 soared by 19.4% to 32,593 units, while new truck registrations rose by 16.3% to 346,986 units compared to 2022. Therefore, the growing number of commercial vehicles is driving the growth of the truck platooning systems market.

Global Truck Platooning Systems Market Major Players

Major companies operating in the truck platooning systems market report are Daimler Trucks; ZF Friedrichshafen AG; AB Volvo; Continental AG; Magna International Inc.; Uber Technologies Inc.; PACCAR Inc.; Cummins Inc.; Eaton Corporation plc; Scania AB; Iveco; MAN Truck & Bus; Navistar International Corporation; Knorr-Bremse AG; Bosch Rexroth AG; Meritor Inc.; WABCO Holdings Inc.; Allison Transmission Holdings Inc.; DAF Trucks NV; Bendix Commercial Vehicle Systems LLC; Waymo LLC; Embark Trucks Inc.; Einride AB; TuSimple Holdings Inc.

Global Truck Platooning Systems Market Trend: Integrated Connected Truck Platforms For Seamless Fleet Communication And Management.

Major companies operating the truck platooning systems market are focusing on developing advanced solutions, such as the connected truck platform, to enable seamless communication and coordination between trucks in a platoon. A connected truck platform is a technology solution that integrates various components of a truck's operations, including telematics, software applications, real-time vehicle data, and third-party applications, to provide a unified and customizable platform for fleet management. For instance, in October 2021, PACCAR Inc., a US-based manufacturer of large commercial trucks, launched a new connected truck platform to integrate virtual vehicle technology with the PACCAR Connect telematics system. The integrated product will offer Kenworth and Peterbilt customers a standardized telematics operating system and application store, enabling customers to access software solutions, real-time vehicle data, and third-party applications directly from their vehicles. The platform also supports existing fleet management systems and enables customers to access various software solutions and applications directly from their vehicles.

Truck Platooning Systems Market Merger And Acquisition: DB Schenker Acquires USA Truck Inc. To Strengthen North American Transportation Solutions

In September 2022, DB Schenker, a Germany-based provider of freight management and contract logistics services, acquired USA Truck Inc. for $435 million. This acquisition aims to advance the shared vision of DB Schenker and USA Truck to become the premier North American transportation solutions provider by combining their operations and enhancing their global logistics services across land, air, and ocean transportation services, as well as comprehensive solutions for logistics and global supply chain management. USA Truck Inc. is a US-based provider of transportation and platooning services.

Regional Insights For The Global Truck Platooning Systems Market

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

Truck Platooning Systems Market Definition And Segments

The truck platooning systems market covered in this report is segmented –

1) By Component: Forward-Looking Camera, System Display With Rear Time Camera, Driver-Centric Design

2) By Vehicle: Light Commercial, Heavy Commercial

3) By Technology: Acceleration And Braking Controller, Global Positioning System, Cellular And Wi-Fi Communication, DSRS Vehicle-To-Vehicle Communication

Commercial Vehicle Expansion Fuels The Growth Of The Truck Platooning Systems Market

Integrated Connected Truck Platforms For Seamless Fleet Communication And Management.

The major companies operating the truck platooning systems market are focusing on developing advanced solutions, such as the connected truck platform, to enable seamless communication and coordination between trucks in a platoon. A connected truck platform is a technology solution that integrates various components of a truck's operations, including telematics, software applications, real-time vehicle data, and third-party applications, to provide a unified and customizable platform for fleet management. For instance, in October 2021, PACCAR Inc., a US-based manufacturer of large commercial trucks, launched a new connected truck platform to integrate virtual vehicle technology with the PACCAR Connect telematics system. The integrated product will offer Kenworth and Peterbilt customers a standardized telematics operating system and application store, enabling customers to access software solutions, real-time vehicle data, and third-party applications directly from their vehicles. The platform also supports existing fleet management systems and enables customers to access various software solutions and applications directly from their vehicles.

DB Schenker Acquires USA Truck Inc. To Strengthen North American Transportation Solutions

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

The truck platooning systems market consists of revenues earned by entities by providing services such as fuel efficiency optimization, fleet management, automated driving, and safety enhancement services. The market value includes the value of related goods sold by the service provider or included within the service offering. The truck platooning systems market also includes sales of products including automated driving systems, onboard computers, collision avoidance systems, lane-keeping assistance systems, and telematics systems. 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 systems market research report is one of a series of new reports from The Business Research Company that provides truck platooning systems market statistics, including truck platooning systems industry global market size, regional shares, competitors with a truck platooning systems market share, detailed truck platooning systems market segments, market trends and opportunities, and any further data you may need to thrive in the truck platooning systems industry. This truck platooning systems 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 Systems Market Report Forecast and Analysis

Report Attribute	Details
Market Size Value In 2024	$1.13 billion
Revenue Forecast In 2033	$2.21 billion
Growth Rate	CAGR of 18.3% 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 Component: Forward-Looking Camera, System Display With Rear Time Camera, Driver-Centric Design 2) By Vehicle: Light Commercial, Heavy Commercial 3) By Technology: Acceleration And Braking Controller, Global Positioning System, Cellular And Wi-Fi Communication, DSRS Vehicle-To-Vehicle Communication
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 Trucks; ZF Friedrichshafen AG; AB Volvo; Continental AG; Magna International Inc.; Uber Technologies Inc.; PACCAR Inc.; Cummins Inc.; Eaton Corporation plc; Scania AB; Iveco; MAN Truck & Bus; Navistar International Corporation; Knorr-Bremse AG; Bosch Rexroth AG; Meritor Inc.; WABCO Holdings Inc.; Allison Transmission Holdings Inc.; DAF Trucks NV; Bendix Commercial Vehicle Systems LLC; Waymo LLC; Embark Trucks Inc.; Einride AB; TuSimple Holdings Inc.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Truck Platooning Systems Market Characteristics

3. Truck Platooning Systems Market Trends And Strategies

4. Truck Platooning Systems 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 Systems Market Size and Growth

5.1. Global Truck Platooning Systems Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

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

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

6. Truck Platooning Systems Market Segmentation

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

Forward-Looking Camera

System Display With Rear Time Camera

Driver-Centric Design

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

Light Commercial

Heavy Commercial

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

Acceleration And Braking Controller

Global Positioning System

Cellular And Wi-Fi Communication

DSRS Vehicle-To-Vehicle Communication

7. Truck Platooning Systems Market Regional And Country Analysis

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

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

8. Asia-Pacific Truck Platooning Systems Market

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

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

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

9. China Truck Platooning Systems Market

9.1. China Truck Platooning Systems Market Overview

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

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

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

10. India Truck Platooning Systems Market

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

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

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

11. Japan Truck Platooning Systems Market

11.1. Japan Truck Platooning Systems Market Overview

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

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

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

12. Australia Truck Platooning Systems Market

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

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

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

13. Indonesia Truck Platooning Systems Market

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

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

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

14. South Korea Truck Platooning Systems Market

14.1. South Korea Truck Platooning Systems Market Overview

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

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

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

15. Western Europe Truck Platooning Systems Market

15.1. Western Europe Truck Platooning Systems Market Overview

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

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

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

16. UK Truck Platooning Systems Market

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

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

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

17. Germany Truck Platooning Systems Market

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

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

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

18. France Truck Platooning Systems Market

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

18.2. France Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Truck Platooning Systems Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Truck Platooning Systems Market

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

19.2. Italy Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Truck Platooning Systems Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Truck Platooning Systems Market

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

20.2. Spain Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Truck Platooning Systems Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Truck Platooning Systems Market

21.1. Eastern Europe Truck Platooning Systems Market Overview

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

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

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

22. Russia Truck Platooning Systems Market

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

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

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

23. North America Truck Platooning Systems Market

23.1. North America Truck Platooning Systems Market Overview

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

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

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

24. USA Truck Platooning Systems Market

24.1. USA Truck Platooning Systems Market Overview

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

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

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

25. Canada Truck Platooning Systems Market

25.1. Canada Truck Platooning Systems Market Overview

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

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

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

26. South America Truck Platooning Systems Market

26.1. South America Truck Platooning Systems Market Overview

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

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

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

27. Brazil Truck Platooning Systems Market

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

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

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

28. Middle East Truck Platooning Systems Market

28.1. Middle East Truck Platooning Systems Market Overview

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

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

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

29. Africa Truck Platooning Systems Market

29.1. Africa Truck Platooning Systems Market Overview

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

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

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

30. Truck Platooning Systems Market Competitive Landscape And Company Profiles

30.1. Truck Platooning Systems Market Competitive Landscape

30.2. Truck Platooning Systems Market Company Profiles

30.2.1. Daimler Trucks

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. ZF Friedrichshafen AG

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. AB 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. Magna International 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. Truck Platooning Systems Market Other Major And Innovative Companies

31.1. Uber Technologies Inc.

31.2. PACCAR Inc.

31.3. Cummins Inc.

31.4. Eaton Corporation plc

31.5. Scania AB

31.6. Iveco

31.7. MAN Truck & Bus

31.8. Navistar International Corporation

31.9. Knorr-Bremse AG

31.10. Bosch Rexroth AG

31.11. Meritor Inc.

31.12. WABCO Holdings Inc.

31.13. Allison Transmission Holdings Inc.

31.14. DAF Trucks NV

31.15. Bendix Commercial Vehicle Systems LLC

32. Global Truck Platooning Systems Market Competitive Benchmarking

33. Global Truck Platooning Systems Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Truck Platooning Systems Market

35. Truck Platooning Systems Market Future Outlook and Potential Analysis

35.1 Truck Platooning Systems Market In 2028 - Countries Offering Most New Opportunities

35.2 Truck Platooning Systems Market In 2028 - Segments Offering Most New Opportunities

35.3 Truck Platooning Systems Market In 2028 - 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, 2018-2023, $ Billion

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

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

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

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

Table 6: Global Truck Platooning Systems Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Truck Platooning Systems Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Truck Platooning Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 12: China, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 15: India, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 18: Japan, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 21: Australia, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 24: Indonesia, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 27: South Korea, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 30: Western Europe, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 33: UK, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 36: Germany, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 39: France, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 42: Italy, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 45: Spain, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 48: Eastern Europe, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 51: Russia, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 54: North America, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 57: USA, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 60: Canada, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 63: South America, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 66: Brazil, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 69: Middle East, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Table 72: Africa, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 74: Daimler Trucks Financial Performance

Table 75: ZF Friedrichshafen AG Financial Performance

Table 76: AB Volvo Financial Performance

Table 77: Continental AG Financial Performance

Table 78: Magna International 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 Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 6: Global Truck Platooning Systems Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Truck Platooning Systems Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Truck Platooning Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 12: China, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 15: India, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 18: Japan, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 21: Australia, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 24: Indonesia, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 27: South Korea, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 30: Western Europe, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 33: UK, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 36: Germany, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 39: France, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 42: Italy, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 45: Spain, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 48: Eastern Europe, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 51: Russia, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 54: North America, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 57: USA, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 60: Canada, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 63: South America, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 66: Brazil, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 69: Middle East, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

Figure 72: Africa, Truck Platooning Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 74: Daimler Trucks Financial Performance

Figure 75: ZF Friedrichshafen AG Financial Performance

Figure 76: AB Volvo Financial Performance

Figure 77: Continental AG Financial Performance

Figure 78: Magna International Inc. Financial Performance

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Frequently Asked Questions

What is the definition of the truck platooning systems market?

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

The truck platooning systems market major growth driver - Commercial Vehicle Expansion Fuels The Growth Of The Truck Platooning Systems Market. For further insights on the truck platooning systems market, request a sample here

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

The truck platooning systems market size has grown rapidly in recent years. It will grow from $0.95 billion in 2023 to $1.13 billion in 2024 at a compound annual growth rate (CAGR) of 18.2%. The growth in the historic period can be attributed to regulatory pressures, expansion of cooperative and automated mobility, supply chain efficiency, and safety considerations. The truck platooning systems market size is expected to see rapid growth in the next few years. It will grow to $2.21 billion in 2028 at a compound annual growth rate (CAGR) of 18.3%. The growth in the forecast period can be attributed to traffic congestion and road capacity, increased adoption in freight industry improved safety, increasing freight demand, growing emphasis on automation. Major trends in the forecast period include development of multi-brand platooning solutions, regulatory harmonization and standardization, and emergence of hybrid platooning models. For further insights on the truck platooning systems market, request a sample here

How is the truck platooning systems market segmented?

The truck platooning systems market is segmented
1) By Component: Forward-Looking Camera, System Display With Rear Time Camera, Driver-Centric Design
2) By Vehicle: Light Commercial, Heavy Commercial
3) By Technology: Acceleration And Braking Controller, Global Positioning System, Cellular And Wi-Fi Communication, DSRS Vehicle-To-Vehicle CommunicationFor further insights on the truck platooning systems market, request a sample here

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

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

Who are the major players in the truck platooning systems market?

Major companies operating in the truck platooning systems market report are Daimler Trucks, ZF Friedrichshafen AG, AB Volvo, Continental AG, Magna International Inc., Uber Technologies Inc., PACCAR Inc., Cummins Inc., Eaton Corporation plc, Scania AB, Iveco, MAN Truck & Bus, Navistar International Corporation, Knorr-Bremse AG, Bosch Rexroth AG, Meritor Inc., WABCO Holdings Inc., Allison Transmission Holdings Inc., DAF Trucks NV, Bendix Commercial Vehicle Systems LLC, Waymo LLC, Embark Trucks Inc., Einride AB, TuSimple Holdings Inc. For further insights on the truck platooning systems market, request a sample here.

What are the key trends in the truck platooning systems market?

Major trend in the truck platooning systems market - Integrated Connected Truck Platforms For Seamless Fleet Communication And Management.. For further insights on the truck platooning systems market, request a sample here.

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

For detailed insights on the major opportunities and strategies in the truck platooning systems market, request a sample here.

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

For detailed insights on truck platooning systems market's relation to the overall economy and other similar markets, request a sample here.

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

For detailed insights on the mergers and acquisitions in the truck platooning systems industry, request a sample here.

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

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