Global Truck Platooning Market Size Study & Forecast, by Type, Systems, Sensor, Services, and Regional Forecasts 2025-2035

The Global Truck Platooning Market is valued at approximately USD 156.8 billion in 2024 and is anticipated to expand at a staggering CAGR of 60.96% over the forecast period 2025-2035. Truck platooning, an innovative method of linking multiple trucks in convoy using vehicle-to-vehicle (V2V) communication, is emerging as a transformative force in freight logistics. Each truck in the platoon autonomously adapts to the speed and route of the lead vehicle, reducing aerodynamic drag, lowering fuel consumption, and boosting highway safety. As the global logistics and transportation industry pivots toward sustainable and cost-efficient operations, the adoption of advanced truck platooning technologies has gained remarkable traction. Increasing concerns over carbon emissions, growing demand for efficient fleet management, and government mandates to modernize transport systems are collectively propelling the market forward.

One of the core forces behind the booming interest in truck platooning is the convergence of autonomous driving technologies and intelligent transportation systems. Adaptive cruise control (ACC), emergency braking systems (AEB), forward collision warnings (FCW), and high-resolution GPS integration have significantly elevated the operational reliability of platooning. Companies across Europe and North America are swiftly moving toward commercial deployment of autonomous truck fleets, spurred by rising fuel costs and the urgency to resolve driver shortages. For instance, the growing success of Level 1 and Level 2 autonomous platooning in trials across highways in the U.S. and EU exemplifies the readiness of this sector to transition into large-scale commercialization. Moreover, value-added services such as telematics-driven diagnostics, real-time tracking, and dynamic platooning matchmaking are creating new revenue streams and optimizing fleet productivity.

Regionally, North America is expected to retain its dominance in the global truck platooning market through 2035, backed by a mature logistics ecosystem, supportive regulatory initiatives, and heavy investments in smart infrastructure. The U.S. in particular has witnessed extensive pilot programs conducted by both private players and federal transportation agencies, laying the groundwork for full-fledged implementation. Meanwhile, Europe is closely catching up, spearheaded by the European Truck Platooning Challenge and strict carbon emission targets that necessitate fuel-saving innovations. On the other hand, the Asia Pacific region is poised for the fastest growth, with countries such as China, Japan, and South Korea actively investing in autonomous truck technologies and digital freight corridors. Their expanding manufacturing sectors and rising e-commerce penetration are further accelerating the regional demand for connected, efficient transport fleets.

Major market player included in this report are:

• Daimler AG
• Volvo Group
• Scania AB
• Peloton Technology
• Continental AG
• AB Volvo
• IVECO S.p.A
• NVIDIA Corporation
• Intel Corporation
• MAN Truck & Bus
• Bosch GmbH
• WABCO Holdings Inc.
• ZF Friedrichshafen AG
• Bendix Commercial Vehicle Systems
• Uber ATG

Global Truck Platooning Market Report Scope:

• Historical Data - 2023, 2024
• Base Year for Estimation - 2024
• Forecast period - 2025-2035
• Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
• Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

By Type:

• Driver-Assisted Truck Platooning (DATP)
• Autonomous Truck Platooning

By Systems:

• Adaptive Cruise Control (ACC)
• Automatic Emergency Braking (AEB)
• Forward Collision Warning (FCW)
• Global Positioning System (GPS)
• Human Machine Interface (HMI)
• Lane Keep Assist (LKA)
• Blind Spot Warning (BSW)

By Sensor:

• LiDAR
• Radar
• Image Sensors

By Services:

• Telematics
  • eCall
  • ACE (Advanced Communication Environment)
  • Tracking
  • Diagnostics
• Platooning
  • Pricing
  • Match Making

By Region:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Key Takeaways:

• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.