PUBLISHER: TechNavio | PRODUCT CODE: 2144831
PUBLISHER: TechNavio | PRODUCT CODE: 2144831
The global truck platooning system market is forecasted to grow by USD 3450614.3 thousand during 2025-2030, accelerating at a CAGR of 60.7% during the forecast period. The report on the global truck platooning system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by imperative freight fuel efficiency demands, persistent global truck driver shortages, expansion of dedicated freight corridors.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 44.8% |
| CAGR | 60.7% |
| Incremental Value | $3450614.3 thousand |
Technavio's global truck platooning system market is segmented as below:
By Component
By Vehicle Type
By Connectivity
Geography
This study identifies the transition toward autonomous driverless platooning as one of the prime reasons driving the global truck platooning system market growth during the next few years. Also, integration of 5g sidelink communication and convergence of electric powertrains platooning will lead to sizable demand in the market.
The report on the global truck platooning system market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global truck platooning system market vendors that include Aptiv PLC, Cohda Wireless Pty. Ltd., Commsignia Ltd., Continental AG, DENSO Corp., dSPACE GmbH, Geotab Inc., Keysight Technologies Inc., Knorr Bremse AG, Kratos Defense and Security Inc., Magna International Inc., Murata Manufacturing Co. Ltd., NXP Semiconductors NV, Qualcomm Inc., Quectel Wireless Solutions Co., Robert Bosch GmbH, Rohde and Schwarz GmbH, u blox AG, ZF Friedrichshafen AG. Also, the global truck platooning system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.