Automotive Platooning System Market Outlook from 2024 to 2034

The global automotive platooning system market size is anticipated to reach USD 5374 million in 2024. The industry is anticipated to attain a value of USD 39577.9 million in 2034. It is projected to showcase a CAGR of about 22.1% in the assessment period 2024 to 2034.

Technological advancements in V2V (vehicle-to-vehicle) communication for platooning are pivotal for the progression of automotive platooning systems. One significant advancement is the development of robust and low-latency communication protocols.

The protocols ensure real-time data exchange between vehicles, which is crucial for maintaining tight synchronization in a platoon. Enhanced communication reliability minimizes delays and ensures immediate response to acceleration, braking, and steering inputs, thereby improving the safety and efficiency of platooning.

Attributes Description
Estimated Global Automotive Platooning System Market Size (2024E) USD 5374 million
Projected Global Automotive Platooning System Market Value (2034F) USD 39577.9 million
Value-based CAGR (2024 to 2034) 22.1%

Integration of 5G technology has significantly enhanced V2V communication capabilities. 5G offers higher bandwidth and lower latency compared to previous generations of wireless technology, allowing for the transmission of large volumes of data quickly and reliably.

This improvement supports more complex and dynamic platooning maneuvers, such as the formation and dispersion of platoons in response to traffic conditions and other real-time factors. As per the automotive platooning system market forecast, advancement of edge computing also plays a key role in V2V communication for platooning.

Edge computing allows data processing to occur closer to the source of data-on the vehicles themselves-rather than relying solely on centralized cloud servers. This reduces the time it takes for data to be processed and actionable commands to be executed, which is essential for the instantaneous decision-making required in platooning.

Improvements in cybersecurity measures are another critical advancement. As V2V communication involves the continuous exchange of data, ensuring the security of this data is paramount to prevent malicious attacks.

Key players in the automotive platooning system industry are developing advanced encryption techniques and secure communication protocols. These are set to help protect against cyber threats, ensuring that the data shared between platooning vehicles remains confidential and tamper-proof.

Key Industry Highlights

Adoption of Automotive Platooning Systems in Commercial Fleets to Surge

The adoption of automotive platooning systems in commercial fleets is rising due to several factors. One of the primary growth factors influencing the automotive platooning system market is the significant potential for cost savings, especially in fuel consumption.

By utilizing advanced communication technologies, vehicles in a platoon can maintain closer distances to each other, reducing air drag and improving fuel efficiency. This reduction in fuel costs is particularly attractive to commercial fleet operators, who face substantial expenses in this area.

Another key factor is the enhancement of safety. Platooning systems leverage vehicle-to-vehicle (V2V) communication to synchronize braking and acceleration among the platooned vehicles.

This reduces the likelihood of human error, which is a leading cause of accidents. Automated and synchronized responses to traffic conditions can help prevent collisions, thereby improving road safety and reducing the costs associated with accidents, including repairs, insurance, and downtime.

Impact of Autonomous Driving Technology on the Automotive Platooning System Market

Autonomous driving technology is profoundly impacting the automotive platooning system sector by enhancing the feasibility and effectiveness of platooning. One of the key market trends in automotive platooning systems is the integration of advanced sensor and data processing capabilities that enable precise and reliable vehicle control.

Autonomous systems equipped with LIDAR, radar, and advanced cameras provide real-time data that is crucial for maintaining optimal spacing, speed, and synchronization between platooned vehicles. This technological synergy ensures smoother and safer operation of platoons, thereby increasing attractiveness to fleet operators.

Market Penetration of Automotive Platooning Systems in Logistics and Transportation

The market penetration of automotive platooning systems in logistics and transportation is steadily increasing, driven by the tangible benefits and growing acceptance of this technology. A key factor in this penetration is the enhancement of supply chain efficiency.

Automotive platooning allows logistics companies to optimize transportation routes and schedules, reducing transit times and improving the reliability of deliveries. This optimization is particularly beneficial for industries reliant on just-in-time delivery models, where timely and consistent delivery is crucial.

The scalability of platooning technology facilitates its adoption in various fleet sizes and types. Whether it's a small fleet of delivery trucks or a large convoy of freight haulers, platooning systems can be adapted to different operational needs. This flexibility encourages a wide range of logistics and transportation companies to invest in platooning technology, contributing to surging adoption.

Regulatory Uncertainty and Availability of Alternatives Hamper Demand

The market size of automotive platooning systems is experiencing a decline due to several specific and nuanced factors. One such factor is the increased competition from other emerging transportation technologies.

The rapid development and deployment of fully autonomous vehicles, electric trucks, and advanced driver-assistance systems (ADAS) offer alternative solutions for improving efficiency and safety in logistics. These technologies often provide similar or greater benefits without the need for closely coordinated vehicle groupings, making these more attractive to some fleet operators.

Another reason is the regulatory uncertainty surrounding platooning systems. While there have been supportive measures, inconsistent regulations across different regions and countries pose significant challenges.

Variations in road safety laws, communication standards, and operational guidelines make it difficult for companies to implement platooning systems on a large scale. This regulatory fragmentation can deter investment as companies seek more predictable and uniform regulatory environments.

Country-wise Insights

Strict Emission Norms in the United States Fuel Growth

Market opportunities for automotive platooning systems in reducing carbon emissions in the United States are substantial. It is pushed by growing environmental regulations and corporate sustainability goals.

The country’s government has been increasingly focused on reducing greenhouse gas emissions, particularly in the transportation sector, which is a key contributor to carbon pollution. This regulatory pressure creates a favorable market for technologies like platooning that can demonstrably reduce fuel consumption and, consequently, carbon emissions.

Collaborations between NGOs and Private Firms Spur Sales in China

Collaboration with environmental organizations and initiatives presents a leading opportunity in China. Partnerships with NGOs and participation in carbon reduction programs can provide companies with additional resources, publicity, and support for implementing platooning systems. These collaborations can amplify the environmental benefits of platooning and encourage wide adoption across the industry.

The rise of environmental, social, and governance (ESG) investing is also creating growth in automotive platooning systems in China. Investors are increasingly looking to fund companies that prioritize sustainability and have robust ESG practices. Companies that adopt platooning technologies can attract these investors by demonstrating their commitment to reducing carbon emissions and improving operational efficiency.

Need for Enhanced Fuel Efficiency Creates Opportunities in Germany

Analysis of fuel efficiency improvements through automotive platooning systems in Germany shows that automotive platooning systems significantly improve fuel efficiency by leveraging aerodynamic benefits. When vehicles travel closely together in a platoon, the lead vehicle reduces air resistance for the following vehicles, allowing these to conserve fuel.

The aerodynamic advantage is akin to the slipstream effect used in cycling and racing, where trailing participants use less energy to maintain speed. Improvements in fuel efficiency directly translate to lower operational costs for fleet operators and reduced carbon emissions, making platooning a compelling option for the logistics industry.

Category-wise Insights

Light Commercial Vehicles Seek Platooning Systems to Lower Congestion

In terms of automotive platooning system market segmentation, demand for platooning systems in light commercial vehicles is rising. This is mainly due to the increasing need for enhanced logistical efficiency in urban and suburban areas. Electric light commercial vehicles are often used for last-mile delivery services, where quick and reliable transportation is crucial.

Platooning technology enables these vehicles to move efficiently through traffic by maintaining optimal speed and distance from each other, reducing congestion and delivery times. This is particularly beneficial in densely populated areas where traffic delays can significantly impact delivery schedules and customer satisfaction.

Vehicle to Vehicle Mode of Communication to be Highly Preferred Globally

The automotive platooning system market share dynamics suggests demand for vehicle to vehicle (V2V) communication is rising due to its critical role in advancing autonomous driving capabilities. V2V communication allows vehicles to share real-time data about their speed, position, and direction, which is essential for enabling autonomous vehicles to make informed decisions quickly.

The constant exchange of information enhances the situational awareness of autonomous systems, allowing these to react to changing road conditions, sudden obstacles, and other vehicles' movements more effectively. As the development of autonomous vehicles accelerate, the need for robust V2V communication infrastructure becomes increasingly vital to ensure safe and efficient operation.

Competition Outlook

The competitive landscape of the automotive platooning system industry is characterized by a mix of established automotive giants, specialized technology firms, and emerging start-ups, all vying for high share. Leading automakers such as Daimler, Volvo, and Scania are heavily investing in platooning technologies, leveraging extensive resources and established presence.

A few companies are integrating platooning systems into the existing commercial vehicle lines, enhancing their appeal by offering comprehensive, end-to-end solutions for fleet operators. Their efforts are often complemented by partnerships with technology firms to advance V2V communication and automation technologies.

Industry Updates

  • In December 2023, Parallel Systems, headquartered in California, exhibited the company’s platooning operation with autonomous battery-electric rail vehicles for the first time.
  • In September 2023, Vodafone Group Plc, based in the United Kingdom, showcased a cutting-edge technology to make driving vehicles in a convoy much safer. The new Safer Transport for Europe Platform (STEP) would help support cooperative platooning over cellular communications.

Leading Automotive Platooning System Brands

  • Denso International America, Inc.
  • Volvo Group Venture Capital
  • Magna International
  • UPS Strategic Enterprise Fund
  • Intel Capital
  • Nokia Growth Partners

Key Segments of Market Report

By Vehicle Type:

Light and heavy commercial vehicles are two key vehicle types.

By Mode of Communication:

Vehicle to vehicle (V2V) and vehicle to infrastructure (V2I) are the two key communication modes.

By Region:

Key countries of North America, Latin America, Western Europe, South Asia, East Asia, Eastern Europe, and the Middle East and Africa have been covered in the report.

Table of Content

  1. Executive Summary - Automotive Platooning System Market
    • Global Market Outlook
    • Demand-side Trends
    • Supply-side Trends
    • Technology Roadmap Analysis
    • Analysis and Recommendations
  2. Market Overview
    • Market Coverage / Taxonomy
    • Market Definition / Scope / Limitations
    • Inclusion and Exclusion
  3. Value Added Insights
    • Opportunity Map Analysis
    • Product Life Cycle Analysis
    • Supply Chain Analysis
      • Supply Side Participants and their Roles
        • Producers
        • Mid-Level Participants (Traders/ Agents/ Brokers)
        • Wholesalers and Distributors
      • Value Added and Value Created at Node in the Supply Chain
      • List of Raw Material Suppliers
      • List of Existing and Potential Buyers
    • Pricing Analysis of Automotive Platooning System Market
      • Pricing Analysis By Region
      • Pricing Analysis By Country
      • Pricing Analysis By End Use
      • Pricing Analysis By Distributor
      • Pricing Analysis By Application
    • Value Chain Analysis
      • Profit Margin Analysis
      • Wholesalers and Distributors
      • Retailers
    • Product Portfolio Analysis
    • Regulatory Landscape
      • By Key Regions
      • By Key Countries
    • Regional Parent Market Outlook
    • Production and Consumption Statistics
    • Import and Export Statistics
    • Investment Feasibility Matrix
    • PESTLE Analysis
      • Political Factors
        • Government stability and change
        • Taxation policy and incentives
        • Trade tariffs and import/export regulations
        • Political risk and corruption levels
      • Economic Factors
        • GDP growth and economic cycles
        • Inflation and interest rates
        • Exchange rate fluctuations
        • Unemployment and consumer spending power
      • Social Factors
        • Demographic trends (age, population growth)
        • Cultural attitudes and lifestyle changes
        • Education levels and workforce skills
        • Health consciousness and social values
      • Technological Factors
        • Rate of technological innovation
        • R&D activity and automation trends
        • Digital infrastructure and connectivity
        • Intellectual property protection
      • Legal Factors
        • Employment and labor laws
        • Health & safety regulations
        • Consumer protection laws
        • Data privacy and antitrust legislation
      • Environmental Factors
        • Environmental regulations and compliance
        • Climate change impacts and carbon footprint
        • Resource availability and sustainability practices
        • Waste management and recycling initiatives
    • Market Background and Dynamics
      • Market Dynamics
        • Drivers
        • Restraints
        • Opportunity
        • Trends
      • SWOT Analysis of Global Automotive Platooning System Market
        • Strengths
        • Weaknesses
        • Opportunities
        • Threats
  4. Global Automotive Platooning System Market Analysis 2020-2024 and Forecast, 2025-2035
    • Historical Market Size Value (USD Mn) & Volume (Units) Analysis, 2020-2024
    • Current and Future Market Size Value (USD Mn) & Volume (Units) Projections, 2025-2035
      • Y-o-Y Growth Trend Analysis
      • Absolute $ Opportunity Analysis
    • Revenue Forecast Scenario, 2020-2035
      • Conservative Scenario
      • Likely Scenario
      • Optimistic Scenario
  5. Global Automotive Platooning System Market Analysis 2020-2024 and Forecast 2025-2035, By Application
    • Introduction / Key Findings
    • Historical Market Size Value (USD Mn) & Volume (Units) Analysis By Application, 2020-2024
    • Current and Future Market Size Value (USD Mn) & Volume (Units) Analysis and Forecast By Application, 2025-2035
    • Y-o-Y Growth Trend Analysis By Application, 2020-2024
    • Absolute $ Opportunity Analysis By Application, 2025-2035
    • Market Attractiveness Analysis By Application, 2025-2035
  6. Global Automotive Platooning System Market Analysis 2020-2024 and Forecast 2025-2035, By End Use
    • Introduction / Key Findings
    • Historical Market Size Value (USD Mn) & Volume (Units) Analysis By End Use, 2020-2024
    • Current and Future Market Size Value (USD Mn) & Volume (Units) Analysis and Forecast By End Use, 2025-2035
    • Y-o-Y Growth Trend Analysis By End Use, 2020-2024
    • Absolute $ Opportunity Analysis By End Use, 2025-2035
    • Market Attractiveness Analysis By End Use, 2025-2035
  7. Global Automotive Platooning System Market Analysis 2020-2024 and Forecast 2025-2035, By Region
    • Introduction
    • Historical Market Size Value (USD Mn) & Volume (Units) Analysis By Region, 2020-2024
    • Current Market Size Value (USD Mn) & Volume (Units) Analysis and Forecast By Region, 2025-2035
      • North America
      • Latin America
      • Western Europe
      • Eastern Europe
      • East Asia
      • South Asia and Pacific & Pacific
      • MEA
    • Market Attractiveness Analysis By Region
  8. North America Automotive Platooning System Market Analysis 2020-2024 and Forecast 2025-2035
    • Introduction
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Current and Future Market Size Value (USD Mn) & Volume (Units) Analysis and Forecast By Market Taxonomy, 2025-2035
    • By Country
      • USA
      • Canada
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • USA Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Canada Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Mexico Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  9. Latin America Automotive Platooning System Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) & Volume (Units) Forecast By Market Taxonomy, 2025-2035
    • By Country
      • Brazil
      • Argentina
      • Chile
      • Rest of Latin America
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • Brazil Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Argentina Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Chile Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Rest of Latin America Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  10. Western Europe Automotive Platooning System Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) & Volume (Units) Forecast By Market Taxonomy, 2025-2035
    • By Country
      • Germany
      • UK
      • Italy
      • Spain
      • France
      • Nordic
      • BENELUX
      • Rest of Western Europe
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Key Takeaways
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • Germany Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • UK Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Italy Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Spain Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • France Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Nordic Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • BENELUX Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Rest of Western Europe Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  11. Eastern Europe Automotive Platooning System Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) & Volume (Units) Forecast By Market Taxonomy, 2025-2035
    • By Country
      • Russia
      • Poland
      • Hungary
      • Balkan & Baltic
      • Rest of Eastern Europe
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Key Takeaways
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • Russia Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Poland Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Hungary Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Balkan & Baltic Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Rest of Eastern Europe Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  12. East Asia Automotive Platooning System Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) & Volume (Units) Forecast By Market Taxonomy, 2025-2035
    • By Country
      • China
      • Japan
      • South Korea
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Key Takeaways
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • China Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Japan Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • South Korea Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  13. South Asia and Pacific Automotive Platooning System Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) & Volume (Units) Forecast By Market Taxonomy, 2025-2035
    • By Country
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of South Asia and Pacific
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Key Takeaways
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • India Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • ASEAN Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Australia & New Zealand Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Rest of South Asia and Pacific Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  14. MEA Automotive Platooning System Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) & Volume (Units) Forecast By Market Taxonomy, 2025-2035
    • By Country
      • Kingdom of Saudi Arabia
      • Other GCC Countries
      • Turkiye
      • South Africa
      • Other African Union
      • Rest of Middle East & Africa
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Key Takeaways
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • Kingdom of Saudi Arabia Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Other GCC Countries Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Turkiye Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • South Africa Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • South Africa Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Rest of MEA Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Rest of MEA Automotive Platooning System Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  15. Market Structure Analysis
    • Competition Dashboard
    • Competition Benchmarking
    • Market Share Analysis of Top Players
      • By Region
      • By Application
      • By End Use
    • Competition Analysis
    • Competition Deep Dive
      • Global Key Players
      • Key Players by Region
      • Key Players by Country
  16. Assumptions & Acronyms Used
  17. Research Methodology

List of Tables

  • Table 1: Global Automotive Platooning System Market Value (US$ Mn) Forecast by Region, 2020-2035
  • Table 2: Global Automotive Platooning System Market Volume (Units) Forecast by Region, 2020-2035
  • Table 3: Global Automotive Platooning System Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 4: Global Automotive Platooning System Market Volume (Units) Forecast by Application, 2020-2035
  • Table 5: Global Automotive Platooning System Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 6: Global Automotive Platooning System Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 7: North America Automotive Platooning System Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 8: North America Automotive Platooning System Market Volume (Units) Forecast by Country, 2020-2035
  • Table 9: North America Automotive Platooning System Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 10: North America Automotive Platooning System Market Volume (Units) Forecast by Application, 2020-2035
  • Table 11: North America Automotive Platooning System Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 12: North America Automotive Platooning System Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 13: Latin America Automotive Platooning System Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 14: Latin America Automotive Platooning System Market Volume (Units) Forecast by Country, 2020-2035
  • Table 15: Latin America Automotive Platooning System Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 16: Latin America Automotive Platooning System Market Volume (Units) Forecast by Application, 2020-2035
  • Table 17: Latin America Automotive Platooning System Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 18: Latin America Automotive Platooning System Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 19: Europe Automotive Platooning System Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 20: Europe Automotive Platooning System Market Volume (Units) Forecast by Country, 2020-2035
  • Table 21: Europe Automotive Platooning System Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 22: Europe Automotive Platooning System Market Volume (Units) Forecast by Application, 2020-2035
  • Table 23: Europe Automotive Platooning System Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 24: Europe Automotive Platooning System Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 25: East Asia Automotive Platooning System Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 26: East Asia Automotive Platooning System Market Volume (Units) Forecast by Country, 2020-2035
  • Table 27: East Asia Automotive Platooning System Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 28: East Asia Automotive Platooning System Market Volume (Units) Forecast by Application, 2020-2035
  • Table 29: East Asia Automotive Platooning System Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 30: East Asia Automotive Platooning System Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 31: South Asia Automotive Platooning System Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 32: South Asia Automotive Platooning System Market Volume (Units) Forecast by Country, 2020-2035
  • Table 33: South Asia Automotive Platooning System Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 34: South Asia Automotive Platooning System Market Volume (Units) Forecast by Application, 2020-2035
  • Table 35: South Asia Automotive Platooning System Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 36: South Asia Automotive Platooning System Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 37: Oceania Automotive Platooning System Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 38: Oceania Automotive Platooning System Market Volume (Units) Forecast by Country, 2020-2035
  • Table 39: Oceania Automotive Platooning System Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 40: Oceania Automotive Platooning System Market Volume (Units) Forecast by Application, 2020-2035
  • Table 41: Oceania Automotive Platooning System Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 42: Oceania Automotive Platooning System Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 43: MEA Automotive Platooning System Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 44: MEA Automotive Platooning System Market Volume (Units) Forecast by Country, 2020-2035
  • Table 45: MEA Automotive Platooning System Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 46: MEA Automotive Platooning System Market Volume (Units) Forecast by Application, 2020-2035
  • Table 47: MEA Automotive Platooning System Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 48: MEA Automotive Platooning System Market Volume (Units) Forecast by End Use, 2020-2035

List of Figures

  • Figure 1: Global Automotive Platooning System Market Value (US$ Mn) by Application, 2020-2035
  • Figure 2: Global Automotive Platooning System Market Value (US$ Mn) by End Use, 2020-2035
  • Figure 3: Global Automotive Platooning System Market Value (US$ Mn) by Region, 2020-2035
  • Figure 4: Global Automotive Platooning System Market Value (US$ Mn) Analysis by Region, 2020-2035
  • Figure 5: Global Automotive Platooning System Market Volume (Units) Analysis by Region, 2020-2035
  • Figure 6: Global Automotive Platooning System Market Value Share (%) and BPS Analysis by Region, 2020-2035
  • Figure 7: Global Automotive Platooning System Market Y-o-Y Growth (%) Projections by Region, 2020-2035
  • Figure 8: Global Automotive Platooning System Market Value (US$ Mn) Analysis by Application, 2020-2035
  • Figure 9: Global Automotive Platooning System Market Volume (Units) Analysis by Application, 2020-2035
  • Figure 10: Global Automotive Platooning System Market Value Share (%) and BPS Analysis by Application, 2020-2035
  • Figure 11: Global Automotive Platooning System Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 12: Global Automotive Platooning System Market Value (US$ Mn) Analysis by End Use, 2020-2035
  • Figure 13: Global Automotive Platooning System Market Volume (Units) Analysis by End Use, 2020-2035
  • Figure 14: Global Automotive Platooning System Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 15: Global Automotive Platooning System Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 16: Global Automotive Platooning System Market Attractiveness by Application, 2020-2035
  • Figure 17: Global Automotive Platooning System Market Attractiveness by End Use, 2020-2035
  • Figure 18: Global Automotive Platooning System Market Attractiveness by Region, 2020-2035
  • Figure 19: North America Automotive Platooning System Market Value (US$ Mn) by Application, 2020-2035
  • Figure 20: North America Automotive Platooning System Market Value (US$ Mn) by End Use, 2020-2035
  • Figure 21: North America Automotive Platooning System Market Value (US$ Mn) by Country, 2020-2035
  • Figure 22: North America Automotive Platooning System Market Value (US$ Mn) Analysis by Country, 2020-2035
  • Figure 23: North America Automotive Platooning System Market Volume (Units) Analysis by Country, 2020-2035
  • Figure 24: North America Automotive Platooning System Market Value Share (%) and BPS Analysis by Country, 2020-2035
  • Figure 25: North America Automotive Platooning System Market Y-o-Y Growth (%) Projections by Country, 2020-2035
  • Figure 26: North America Automotive Platooning System Market Value (US$ Mn) Analysis by Application, 2020-2035
  • Figure 27: North America Automotive Platooning System Market Volume (Units) Analysis by Application, 2020-2035
  • Figure 28: North America Automotive Platooning System Market Value Share (%) and BPS Analysis by Application, 2020-2035
  • Figure 29: North America Automotive Platooning System Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 30: North America Automotive Platooning System Market Value (US$ Mn) Analysis by End Use, 2020-2035
  • Figure 31: North America Automotive Platooning System Market Volume (Units) Analysis by End Use, 2020-2035
  • Figure 32: North America Automotive Platooning System Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 33: North America Automotive Platooning System Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 34: North America Automotive Platooning System Market Attractiveness by Application, 2020-2035
  • Figure 35: North America Automotive Platooning System Market Attractiveness by End Use, 2020-2035
  • Figure 36: North America Automotive Platooning System Market Attractiveness by Country, 2020-2035
  • Figure 37: Latin America Automotive Platooning System Market Value (US$ Mn) by Application, 2020-2035
  • Figure 38: Latin America Automotive Platooning System Market Value (US$ Mn) by End Use, 2020-2035
  • Figure 39: Latin America Automotive Platooning System Market Value (US$ Mn) by Country, 2020-2035
  • Figure 40: Latin America Automotive Platooning System Market Value (US$ Mn) Analysis by Country, 2020-2035
  • Figure 41: Latin America Automotive Platooning System Market Volume (Units) Analysis by Country, 2020-2035
  • Figure 42: Latin America Automotive Platooning System Market Value Share (%) and BPS Analysis by Country, 2020-2035
  • Figure 43: Latin America Automotive Platooning System Market Y-o-Y Growth (%) Projections by Country, 2020-2035
  • Figure 44: Latin America Automotive Platooning System Market Value (US$ Mn) Analysis by Application, 2020-2035
  • Figure 45: Latin America Automotive Platooning System Market Volume (Units) Analysis by Application, 2020-2035
  • Figure 46: Latin America Automotive Platooning System Market Value Share (%) and BPS Analysis by Application, 2020-2035
  • Figure 47: Latin America Automotive Platooning System Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 48: Latin America Automotive Platooning System Market Value (US$ Mn) Analysis by End Use, 2020-2035
  • Figure 49: Latin America Automotive Platooning System Market Volume (Units) Analysis by End Use, 2020-2035
  • Figure 50: Latin America Automotive Platooning System Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 51: Latin America Automotive Platooning System Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 52: Latin America Automotive Platooning System Market Attractiveness by Application, 2020-2035
  • Figure 53: Latin America Automotive Platooning System Market Attractiveness by End Use, 2020-2035
  • Figure 54: Latin America Automotive Platooning System Market Attractiveness by Country, 2020-2035
  • Figure 55: Europe Automotive Platooning System Market Value (US$ Mn) by Application, 2020-2035
  • Figure 56: Europe Automotive Platooning System Market Value (US$ Mn) by End Use, 2020-2035
  • Figure 57: Europe Automotive Platooning System Market Value (US$ Mn) by Country, 2020-2035
  • Figure 58: Europe Automotive Platooning System Market Value (US$ Mn) Analysis by Country, 2020-2035
  • Figure 59: Europe Automotive Platooning System Market Volume (Units) Analysis by Country, 2020-2035
  • Figure 60: Europe Automotive Platooning System Market Value Share (%) and BPS Analysis by Country, 2020-2035
  • Figure 61: Europe Automotive Platooning System Market Y-o-Y Growth (%) Projections by Country, 2020-2035
  • Figure 62: Europe Automotive Platooning System Market Value (US$ Mn) Analysis by Application, 2020-2035
  • Figure 63: Europe Automotive Platooning System Market Volume (Units) Analysis by Application, 2020-2035
  • Figure 64: Europe Automotive Platooning System Market Value Share (%) and BPS Analysis by Application, 2020-2035
  • Figure 65: Europe Automotive Platooning System Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 66: Europe Automotive Platooning System Market Value (US$ Mn) Analysis by End Use, 2020-2035
  • Figure 67: Europe Automotive Platooning System Market Volume (Units) Analysis by End Use, 2020-2035
  • Figure 68: Europe Automotive Platooning System Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 69: Europe Automotive Platooning System Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 70: Europe Automotive Platooning System Market Attractiveness by Application, 2020-2035
  • Figure 71: Europe Automotive Platooning System Market Attractiveness by End Use, 2020-2035
  • Figure 72: Europe Automotive Platooning System Market Attractiveness by Country, 2020-2035
  • Figure 73: East Asia Automotive Platooning System Market Value (US$ Mn) by Application, 2020-2035
  • Figure 74: East Asia Automotive Platooning System Market Value (US$ Mn) by End Use, 2020-2035
  • Figure 75: East Asia Automotive Platooning System Market Value (US$ Mn) by Country, 2020-2035
  • Figure 76: East Asia Automotive Platooning System Market Value (US$ Mn) Analysis by Country, 2020-2035
  • Figure 77: East Asia Automotive Platooning System Market Volume (Units) Analysis by Country, 2020-2035
  • Figure 78: East Asia Automotive Platooning System Market Value Share (%) and BPS Analysis by Country, 2020-2035
  • Figure 79: East Asia Automotive Platooning System Market Y-o-Y Growth (%) Projections by Country, 2020-2035
  • Figure 80: East Asia Automotive Platooning System Market Value (US$ Mn) Analysis by Application, 2020-2035
  • Figure 81: East Asia Automotive Platooning System Market Volume (Units) Analysis by Application, 2020-2035
  • Figure 82: East Asia Automotive Platooning System Market Value Share (%) and BPS Analysis by Application, 2020-2035
  • Figure 83: East Asia Automotive Platooning System Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 84: East Asia Automotive Platooning System Market Value (US$ Mn) Analysis by End Use, 2020-2035
  • Figure 85: East Asia Automotive Platooning System Market Volume (Units) Analysis by End Use, 2020-2035
  • Figure 86: East Asia Automotive Platooning System Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 87: East Asia Automotive Platooning System Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 88: East Asia Automotive Platooning System Market Attractiveness by Application, 2020-2035
  • Figure 89: East Asia Automotive Platooning System Market Attractiveness by End Use, 2020-2035
  • Figure 90: East Asia Automotive Platooning System Market Attractiveness by Country, 2020-2035
  • Figure 91: South Asia Automotive Platooning System Market Value (US$ Mn) by Application, 2020-2035
  • Figure 92: South Asia Automotive Platooning System Market Value (US$ Mn) by End Use, 2020-2035
  • Figure 93: South Asia Automotive Platooning System Market Value (US$ Mn) by Country, 2020-2035
  • Figure 94: South Asia Automotive Platooning System Market Value (US$ Mn) Analysis by Country, 2020-2035
  • Figure 95: South Asia Automotive Platooning System Market Volume (Units) Analysis by Country, 2020-2035
  • Figure 96: South Asia Automotive Platooning System Market Value Share (%) and BPS Analysis by Country, 2020-2035
  • Figure 97: South Asia Automotive Platooning System Market Y-o-Y Growth (%) Projections by Country, 2020-2035
  • Figure 98: South Asia Automotive Platooning System Market Value (US$ Mn) Analysis by Application, 2020-2035
  • Figure 99: South Asia Automotive Platooning System Market Volume (Units) Analysis by Application, 2020-2035
  • Figure 100: South Asia Automotive Platooning System Market Value Share (%) and BPS Analysis by Application, 2020-2035
  • Figure 101: South Asia Automotive Platooning System Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 102: South Asia Automotive Platooning System Market Value (US$ Mn) Analysis by End Use, 2020-2035
  • Figure 103: South Asia Automotive Platooning System Market Volume (Units) Analysis by End Use, 2020-2035
  • Figure 104: South Asia Automotive Platooning System Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 105: South Asia Automotive Platooning System Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 106: South Asia Automotive Platooning System Market Attractiveness by Application, 2020-2035
  • Figure 107: South Asia Automotive Platooning System Market Attractiveness by End Use, 2020-2035
  • Figure 108: South Asia Automotive Platooning System Market Attractiveness by Country, 2020-2035
  • Figure 109: Oceania Automotive Platooning System Market Value (US$ Mn) by Application, 2020-2035
  • Figure 110: Oceania Automotive Platooning System Market Value (US$ Mn) by End Use, 2020-2035
  • Figure 111: Oceania Automotive Platooning System Market Value (US$ Mn) by Country, 2020-2035
  • Figure 112: Oceania Automotive Platooning System Market Value (US$ Mn) Analysis by Country, 2020-2035
  • Figure 113: Oceania Automotive Platooning System Market Volume (Units) Analysis by Country, 2020-2035
  • Figure 114: Oceania Automotive Platooning System Market Value Share (%) and BPS Analysis by Country, 2020-2035
  • Figure 115: Oceania Automotive Platooning System Market Y-o-Y Growth (%) Projections by Country, 2020-2035
  • Figure 116: Oceania Automotive Platooning System Market Value (US$ Mn) Analysis by Application, 2020-2035
  • Figure 117: Oceania Automotive Platooning System Market Volume (Units) Analysis by Application, 2020-2035
  • Figure 118: Oceania Automotive Platooning System Market Value Share (%) and BPS Analysis by Application, 2020-2035
  • Figure 119: Oceania Automotive Platooning System Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 120: Oceania Automotive Platooning System Market Value (US$ Mn) Analysis by End Use, 2020-2035
  • Figure 121: Oceania Automotive Platooning System Market Volume (Units) Analysis by End Use, 2020-2035
  • Figure 122: Oceania Automotive Platooning System Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 123: Oceania Automotive Platooning System Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 124: Oceania Automotive Platooning System Market Attractiveness by Application, 2020-2035
  • Figure 125: Oceania Automotive Platooning System Market Attractiveness by End Use, 2020-2035
  • Figure 126: Oceania Automotive Platooning System Market Attractiveness by Country, 2020-2035
  • Figure 127: MEA Automotive Platooning System Market Value (US$ Mn) by Application, 2020-2035
  • Figure 128: MEA Automotive Platooning System Market Value (US$ Mn) by End Use, 2020-2035
  • Figure 129: MEA Automotive Platooning System Market Value (US$ Mn) by Country, 2020-2035
  • Figure 130: MEA Automotive Platooning System Market Value (US$ Mn) Analysis by Country, 2020-2035
  • Figure 131: MEA Automotive Platooning System Market Volume (Units) Analysis by Country, 2020-2035
  • Figure 132: MEA Automotive Platooning System Market Value Share (%) and BPS Analysis by Country, 2020-2035
  • Figure 133: MEA Automotive Platooning System Market Y-o-Y Growth (%) Projections by Country, 2020-2035
  • Figure 134: MEA Automotive Platooning System Market Value (US$ Mn) Analysis by Application, 2020-2035
  • Figure 135: MEA Automotive Platooning System Market Volume (Units) Analysis by Application, 2020-2035
  • Figure 136: MEA Automotive Platooning System Market Value Share (%) and BPS Analysis by Application, 2020-2035
  • Figure 137: MEA Automotive Platooning System Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 138: MEA Automotive Platooning System Market Value (US$ Mn) Analysis by End Use, 2020-2035
  • Figure 139: MEA Automotive Platooning System Market Volume (Units) Analysis by End Use, 2020-2035
  • Figure 140: MEA Automotive Platooning System Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 141: MEA Automotive Platooning System Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 142: MEA Automotive Platooning System Market Attractiveness by Application, 2020-2035
  • Figure 143: MEA Automotive Platooning System Market Attractiveness by End Use, 2020-2035
  • Figure 144: MEA Automotive Platooning System Market Attractiveness by Country, 2020-2035

Frequently Asked Questions

How big is the truck platooning market?

The sector is set to reach USD 5374 million in 2024.

What is platooning in automotive?

It is a method of driving several vehicles together.

At what rate would truck platooning market size rise?

It is set to surge at a CAGR of 22.1% through 2034.

Who are the key vendors?

Magna International, Intel Capital, and Denso International America, Inc.

What would be the size of the global market?

The market is set to reach USD 39577.9 million by 2034.

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Automotive Platooning System Market