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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

Truck Platooning Systems Global Market Report 2024

Starting Price : $4000.00 | Pages : 175 | Published : June 2024 | Delivery Time: 2-3 business days | Format : pdf

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Truck Platooning Systems Global Market Report 2024

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Truck Platooning Systems Market Definition And Segments

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.

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

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.

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.

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.

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

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.

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.

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 Scope
Report AttributeDetails
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) Vehicle: Light Commercial, Heavy Commercial
3) 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 Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; 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 ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    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?

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. For further insights on the truck platooning systems market, request a sample here

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.