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Truck Platooning Systems Market - Top Companies and Manufacturers

  • Report ID: 3874
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Top Featured Companies Dominating the Truck Platooning System Landscape

    • Daimler AG
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Volvo Group
    • Scania AB
    • Paccar Company
    • Peleton Technology
    • Bendix Commercial Vehicles Systems LLC
    • Clearpath Robotics, Inc.
    • Continental AG
    • WABCO Vehicle Control Systems LLC
    • TRATON SE
Browse Key Market Insights with Data Illustration:

In the News

  • TRATON SE announced the acquisition of its remaining stake in Navistar International Corp. for a total cash consideration of USD 3.7 billion for expanding its product portfolio. 
  • Volvo Group and FedEx began the testing of connected truck platooning technology in North Carolina to reduce fuel usage in autonomous and connected trucks by driving in convoys.

Author Credits:  Saima Khursheed


  • Report ID: 3874
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of truck platooning systems is assessed at USD 167.91 million.

The truck platooning systems market size was over USD 112.72 million in 2024 and is likely to reach USD 41.91 billion by the end of 2037, witnessing around 61.2% CAGR during the forecast period i.e., between 2025-2037. The market growth is impelled by rising concerns for road safety and security and a growing focus on reducing transportation operating costs.

North America industry is set to reach largest revenue share by 2037, owing to strong inclination towards the adoption of new technologies in the region.

The major players in the market include Daimler AG, Volvo Group, Scania AB, Paccar Company, Peleton Technology, Bendix Commercial Vehicles Systems LLC, Clearpath Robotics, Inc., Continental AG, WABCO Vehicle Control Systems LLC, TRATON SE.
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