1. Market Research
  2. > Automotive
  3. > Motor Vehicle
  4. > Commercial Vehicle Market Trends
Truck Platooning Market by Type, Systems, Sensor, Services, Region - Global Forecast to 2030

Truck Platooning Market: Global Forecast until 2030

  • August 2018
  • 163 pages
  • ID: 5483359
In this report:
DATP segment is estimated to be the largest market, by volume, and is expected to grow from a projected ## units in 2021 to ##,## units by 2030, at a CAGR of ##.##% during the forecast period.
DATP segment is expected to be the largest market, by volume, and is expected to grow from a projected ## units in 2023 to ## units by 2030, at a CAGR of ##.##%, during the forecast period.


Table of Contents

Search Inside

The growing number of road accidents due to driver error and growing focus on reducing transportation operating cost will fuel the industry demand for the truck platooning market

The truck platooning market is estimated to rise at a compound annual growth rate of ~61.0 percent during the forecast period, and the market value is forecasted to grow from $37.60M in 2021 to $2728.70M by 2030. The development of autonomous and semi-autonomous trucks and industry-wide standards to implement safety features including the adaptive cruise control, forward collision warning, lane keep assist, and other advanced driver assistance systems features would drive the rise of the truck platooning market. At the same time, the high cost of hardware and technologies and lack of infrastructure development can be main obstacles for the increase ot the truck platooning market.

The sector for driver assistive truck platooning is expected to hold the biggest share in the truck platooning market

The rising adoption of advanced driver assistance system features and significant platooning testing are driving the industry for DATP.DATP benefits drivers detect and make sufficient space for any vehicle that comes in between the platooning trucks with the help of state-of-the-art safety technology.

According to industry experts, truck platooning will help to reduce operating cost by 5.0 percent to 10.0 percent per truck.The reduction in operating cost would encourage fleet management firms to invest in DATP.

On top of, the significant platooning testing and rised funding from the government would play a main role in the development of DATP.

In June 2018, Volvo Trucks North America announced the successful demonstration of on-highway truck platooning in North Carolina.The company has been working closely with FedEx and the North Carolina Turnpike Authority to extend on-highway operations of Volvo's Cooperative Adaptive Cruise Control.

In September 2017, Daimler Trucks North America announced the testing of truck platooning operations on public highways of Oregon and Nevada in the US.The cost of the DATP systems is estimated to decrease in the near future owing to advancements and commercialization of this technology.

Reduced cost will make DATP more profitable and, therefrom, would growth the market adoption of the technology.

EU: The fastest growing area in the truck platooning market

Europe (EU) is forecasted to be quickest increasing area in the truck platooning market.The main factors driving the rise of the European market contain pioneering efforts in truck platooning, technological improvements, and stringent vehicle safety norms in the area.

For example, in July 2017, Germany's Federal Ministry of Transport and Digital Infrastructure invested approximately $2.30M to support a truck platooning project by DB Schenker, MAN, and Hochschule. With the increasing adoption of truck platooning developments in the territory, the European truck platooning market is anticipated to witness considerable increase during the outlook period.

Key players' distribution profiles:

The market research includes industry insights specified by different market experts, ranging from Tier-I companies to truck platooning service providers. The breakdown of the primaries is like:

• By Company category: Tier-I-50%, Tier-II-30%, and OEMs-20%

• By Description: C level-65%, D level-25%, and Others*-10%

• By Area: Europe-55%, North America-30%, Asia Oceania-10%, and MEA-5%,

Note: Tier-I are hardware suppliers, Tier-II are service/solution providers

*Others contain researchers, consultants, and sales managers/marketing managers.

Company tiers are based on the value chain; revenue of the company has not been considered.

Segment Research

The industry report offers a picture of the truck platooning market across several verticals and localities.It aims at evaluating the market value and future increase potential of the truck platooning market, by platooning type, systems, sensor type, services, and area.

Moreover, the study also comprises a detailed competitive analysis of the top players in the sector together with their company descriptions, opposing landscape, latest developments, and key industries strategies.

Why Purchasing This Study Can Help You:

The analysis offers business insights into the following parts:

• business entry: The market research offers Exhaustive information on truck platooning technologies provided by the top actors in the sector.

• Market Development: The industry report offers highlighted information on several truck platooning technology trends. The study examines the industries for different truck platooning technologies across the countries.

• industry diversification: The analysis offers complete information about emerging technologies, recent evolutions, and market investments in the overall truck platooning market.

• Competitive Landscape: The market research affords an detailed assessment of recent developments of the supply chain actors which include Original equipment manufacturers, software/solution providers, Tier-1 firms, and startups.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Opportunity for Non Traditional Telematics Providers in Truck Telematics Market, 2017

Opportunity for Non Traditional Telematics Providers in Truck Telematics Market, 2017

  • $ 4950
  • July 2018

Non Traditional Telematics Providers have a Market Share of 42.6% with Many More Participants Expected to Enter via Mergers and AcquisitionsGlobally 73.1 million trucks are expected to be connected by ...

China Automotive Anti-lock Braking System Industry Report, 2018-2023

China Automotive Anti-lock Braking System Industry Report, 2018-2023

  • $ 3300
  • September 2018

As Chinese automotive industry keeps growing, there are increasingly high requirements on driving safety, thus fueling the demand for automotive anti-lock braking systems (ABS). In 2017, 27.7 million sets ...

Global Heavy-duty Vehicle Braking System Market 2019-2023

Global Heavy-duty Vehicle Braking System Market 2019-2023

  • $ 2500
  • November 2018

About this marketAutomotive manufacturers worldwide are under high pressure to equip their commercial vehicles with high-quality braking systems. A majority of the accidents occurring worldwide involve ...


Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on