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US Truck Platooning Market

ID: MRFR/AT/11402-HCR
128 Pages
Sejal Akre
October 2025

US Truck Platooning Market Research Report By Component (Forward Looking Camera, System Display with Rear Time Camera, RADAR Base Collision Mitigation) and By Technology (Acceleration & Braking Controller, DSRS V2V Communication) - Forecast to 2035

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US Truck Platooning Market Infographic
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US Truck Platooning Market Summary

As per MRFR analysis, the US truck platooning market size was estimated at 193.21 USD Million in 2024. The US truck platooning market is projected to grow from 211.63 USD Million in 2025 to 526.01 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 9.53% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The US truck platooning market is poised for substantial growth driven by technological advancements and regulatory support.

  • Technological advancements are enhancing the efficiency and safety of truck platooning systems.
  • The largest segment in the market is expected to be the freight transportation sector, while the fastest-growing segment is likely to be logistics services.
  • Regulatory developments are increasingly supporting the adoption of truck platooning, promoting safer and more efficient road transport.
  • Cost efficiency in logistics and safety enhancements are major drivers propelling the growth of the truck platooning market.

Market Size & Forecast

2024 Market Size 193.21 (USD Million)
2035 Market Size 526.01 (USD Million)

Major Players

Volvo Group (SE), Daimler AG (DE), Scania AB (SE), MAN SE (DE), PACCAR Inc (US), Navistar International Corporation (US), Tesla Inc (US), Boeing Company (US)

US Truck Platooning Market Trends

The truck platooning market is currently experiencing a transformative phase, driven by advancements in technology and a growing emphasis on efficiency and safety in freight transportation. This innovative approach, which involves multiple trucks traveling closely together, utilizes connectivity and automation to enhance fuel efficiency and reduce traffic congestion. As the industry evolves, regulatory frameworks are adapting to accommodate these changes, fostering an environment conducive to the adoption of platooning systems. Stakeholders, including manufacturers and logistics companies, are increasingly recognizing the potential benefits of this technology, which may lead to a more streamlined supply chain and reduced operational costs. In November 2025, the landscape of the truck platooning market appears to be shaped by several key factors. The integration of artificial intelligence and machine learning into vehicle systems is likely to enhance the safety and reliability of platooning operations. Furthermore, the collaboration between public and private sectors is expected to play a crucial role in developing the necessary infrastructure and regulations to support this innovative transportation method. As the market continues to mature, it may pave the way for a new era in freight logistics, characterized by increased efficiency and sustainability.

Technological Advancements

The truck platooning market is witnessing rapid technological progress, particularly in vehicle-to-vehicle communication and automation. These innovations are enhancing the safety and efficiency of platooning operations, making them more appealing to logistics companies.

Regulatory Developments

Regulatory bodies are increasingly focusing on creating frameworks that support the implementation of truck platooning. This trend indicates a growing recognition of the potential benefits of platooning, which may lead to more favorable conditions for adoption.

Sustainability Initiatives

There is a rising emphasis on sustainability within the truck platooning market. Companies are exploring how platooning can contribute to reduced emissions and lower fuel consumption, aligning with broader environmental goals.

US Truck Platooning Market Drivers

Safety Enhancements

Safety remains a paramount concern in the trucking industry, and the truck platooning market addresses this issue effectively. By utilizing automated driving technologies, platooning can significantly reduce the likelihood of accidents caused by human error. Studies indicate that up to 90% of accidents are attributed to human factors, suggesting that platooning could lead to a substantial decrease in collision rates. The truck platooning market is likely to benefit from increased safety regulations and insurance incentives, as safer operations can lead to lower premiums. As companies prioritize safety, the adoption of platooning technology may accelerate, further driving market growth.

Environmental Regulations

The truck platooning market is influenced by stringent environmental regulations aimed at reducing emissions. In the US, the Environmental Protection Agency (EPA) has set ambitious targets for reducing greenhouse gas emissions from heavy-duty vehicles. Truck platooning can contribute to these goals by improving fuel efficiency and lowering carbon footprints. It is estimated that platooning could reduce CO2 emissions by up to 20% per vehicle. As companies strive to comply with these regulations, the truck platooning market is likely to see increased investment in technology that supports sustainable practices. This regulatory pressure may serve as a catalyst for broader adoption of platooning solutions.

Technological Integration

The integration of advanced technologies is a significant driver for the truck platooning market. Innovations such as artificial intelligence, machine learning, and advanced sensors are enhancing the capabilities of platooning systems. These technologies enable real-time data exchange between vehicles, improving coordination and safety. The truck platooning market is witnessing a surge in research and development efforts, with investments reaching millions of dollars. As technology continues to evolve, the potential for more sophisticated platooning systems increases, attracting interest from logistics companies looking to enhance operational efficiency. This technological integration is likely to propel market growth in the coming years.

Cost Efficiency in Logistics

The truck platooning market is driven by the need for cost efficiency in logistics operations. By enabling trucks to travel closely together, companies can reduce fuel consumption by up to 10-15%, leading to substantial savings. This efficiency is particularly crucial in the US, where logistics costs account for approximately 8% of GDP. As fuel prices fluctuate, the potential for reduced operational costs through platooning becomes increasingly attractive. Furthermore, the truck platooning market may see a shift in investment as companies seek to optimize their fleets. The integration of advanced technologies, such as vehicle-to-vehicle communication, enhances this cost-saving potential, making it a key driver for market growth.

Market Demand for Freight Efficiency

The growing demand for freight efficiency is a critical driver for the truck platooning market. With e-commerce and online shopping on the rise, logistics companies are under pressure to deliver goods more quickly and efficiently. Truck platooning offers a solution by allowing multiple trucks to travel in a coordinated manner, reducing travel times and improving delivery schedules. The truck platooning market is responding to this demand, with projections indicating a potential market growth of over 25% in the next five years. As companies seek to meet consumer expectations for faster delivery, the adoption of platooning technology is likely to increase, further driving market dynamics.

Market Segment Insights

By Component: Forward Looking Camera (Largest) vs. RADAR Base Collision Mitigation (Fastest-Growing)

In the US truck platooning market, the segment is primarily dominated by Forward Looking Cameras, capturing a significant share due to their essential role in enhancing visibility and safety for drivers. Following closely is the System Display with Real Time Camera, which is gaining traction as technology evolves. RADAR Base Collision Mitigation, while currently smaller in market share, is emerging rapidly as it addresses critical safety concerns in automated driving. The growth trends in this segment are largely driven by advancements in automated and connected vehicle technologies. As more fleet operators adopt platooning strategies, the demand for effective collision mitigation and monitoring solutions rises. The emphasis on enhancing safety features places RADAR Base Collision Mitigation at the forefront of innovations, while the reliability of Forward Looking Cameras ensures that they maintain a strong market presence.

Safety Technology: Forward Looking Camera (Dominant) vs. RADAR Base Collision Mitigation (Emerging)

Forward Looking Cameras have become an integral part of the safety framework within the sector, enabling real-time monitoring of road conditions and assisting in collision avoidance strategies. Their widespread adoption reflects the growing focus on driver safety and operational efficiency. On the other hand, RADAR Base Collision Mitigation is an emerging technology that is quickly gaining ground as it offers crucial support in preventing accidents by detecting obstacles at various distances. While Forward Looking Cameras hold the dominant position due to their established presence, RADAR technologies are set to revolutionize safety measures in the near future, offering complementary benefits that strengthen the overall platooning experience.

By Technology: Acceleration & Braking Controller (Largest) vs. DSRS V2V Communication (Fastest-Growing)

In the US truck platooning market, the market share is significantly dominated by the Acceleration & Braking Controller, which provides essential functionalities for maintaining optimal speed and safe stopping distances among platooned trucks. This technological component has become a critical aspect of truck safety and efficiency, capturing the largest segment share due to increasing regulatory safety mandates and growing adoption of automated systems in the freight transport industry. On the other hand, DSRS V2V Communication is rapidly gaining attention, emerging as the fastest-growing segment. The need for real-time data exchange between vehicles enhances safety and efficiency within platoons. Driven by advancements in communication technologies and the rising trend towards connectivity in logistics, this segment is expected to witness robust growth as more fleets adopt systems that enable vehicle-to-vehicle communication, allowing for improved coordination and efficiency.

Technology: Acceleration & Braking Controller (Dominant) vs. DSRS V2V Communication (Emerging)

The Acceleration & Braking Controller is a dominant technology in the US truck platooning market, ensuring safety and efficiency by automatically regulating speed and braking in response to real-time traffic conditions. Its widespread adoption among logistics providers is driven by the need for compliance with safety standards and the benefits of reduced fuel consumption and driver fatigue. In contrast, DSRS V2V Communication is positioned as an emerging technology that fosters enhanced collaboration between trucks in a platoon, allowing them to share crucial information such as speed and road conditions. This technology is rapidly being integrated into fleet management systems as operators recognize the potential for increased operational efficiency and safety, making it a key focus area for innovation in the market.

Get more detailed insights about US Truck Platooning Market

Key Players and Competitive Insights

The truck platooning market is currently characterized by a dynamic competitive landscape, driven by technological advancements and a growing emphasis on efficiency and sustainability. Major players such as Volvo Group (SE), Daimler AG (DE), and Tesla Inc (US) are at the forefront, each adopting distinct strategies to enhance their market positioning. Volvo Group (SE) focuses on innovation in autonomous driving technologies, while Daimler AG (DE) emphasizes strategic partnerships to bolster its platooning capabilities. Tesla Inc (US), on the other hand, leverages its strong brand presence and cutting-edge electric vehicle technology to capture market share. Collectively, these strategies contribute to a competitive environment that is increasingly shaped by technological prowess and collaborative efforts.

Key business tactics within the truck platooning market include localizing manufacturing and optimizing supply chains to enhance operational efficiency. The market structure appears moderately fragmented, with several key players exerting influence over their respective segments. This fragmentation allows for a diverse range of offerings, yet the collective impact of major companies like PACCAR Inc (US) and Navistar International Corporation (US) is significant, as they strive to innovate and meet evolving customer demands.

In October 2025, Volvo Group (SE) announced a partnership with a leading tech firm to develop advanced AI algorithms for its platooning systems. This strategic move is likely to enhance the safety and efficiency of their trucks, positioning Volvo as a leader in the integration of AI within the logistics sector. The collaboration underscores the importance of technological innovation in maintaining competitive advantage in a rapidly evolving market.

In September 2025, Daimler AG (DE) unveiled its latest platooning technology at a major industry conference, showcasing its commitment to advancing autonomous driving solutions. This event not only highlights Daimler's focus on innovation but also reinforces its position as a key player in the market. The introduction of this technology is expected to attract significant interest from logistics companies seeking to improve operational efficiency and reduce costs.

In August 2025, Tesla Inc (US) expanded its testing of autonomous truck platooning in several states, aiming to refine its technology and gather real-world data. This initiative is crucial for Tesla as it seeks to validate its systems and enhance the reliability of its offerings. The expansion of testing locations indicates Tesla's aggressive approach to market penetration and its commitment to leading the charge in electric and autonomous trucking solutions.

As of November 2025, current trends in the truck platooning market are heavily influenced by digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are shaping the competitive landscape, fostering innovation and collaboration. Looking ahead, it is anticipated that competitive differentiation will increasingly pivot from price-based strategies to a focus on technological innovation, supply chain reliability, and sustainability initiatives. This shift suggests that companies will need to invest significantly in R&D and partnerships to remain competitive in a market that is evolving rapidly.

Key Companies in the US Truck Platooning Market market include

Industry Developments

The US Truck Platooning Market has seen significant recent developments. As of September 2023, companies like Peloton Technology and Aurora Innovation have been pushing advancements in automated vehicle technology, which is vital for enhancing safety and fuel efficiency on highways. In August 2023, both TuSimple and Embark Trucks announced partnerships aimed at large-scale deployments of autonomous trucking solutions, notably impacting freight operations across key logistics corridors. Furthermore, in July 2023, Freightliner introduced its latest line of advanced trucks equipped for platooning, emphasizing connectivity and streamlined operations.

Notably, in March 2023, Wabco Holdings unveiled innovative braking systems tailored for platooning applications, which broadens safety protocols in this expanding market. There were also substantial market valuations observed, with companies like Tesla and Volvo Trucks harnessing advanced systems that could significantly influence the market dynamics. Additionally, there has been no recent merger or acquisition activity among the noted companies, preserving their competitive structure for the time being. The regulatory environment is evolving, with various state legislatures considering regulations that could either accelerate or moderate the adoption of truck platooning technologies.

 

Future Outlook

US Truck Platooning Market Future Outlook

The truck platooning market is projected to grow at a 9.53% CAGR from 2024 to 2035, driven by advancements in automation, fuel efficiency, and regulatory support.

New opportunities lie in:

  • Development of advanced vehicle-to-vehicle communication systems
  • Integration of AI for optimized route planning
  • Partnerships with logistics firms for platooning services

By 2035, the truck platooning market is expected to be robust, driven by technological advancements and strategic partnerships.

Market Segmentation

US Truck Platooning Market Component Outlook

  • Forward Looking Camera
  • System Display with Rear Time Camera
  • RADAR Base Collision Mitigation

US Truck Platooning Market Technology Outlook

  • Acceleration & Braking Controller
  • DSRS V2V Communication

Report Scope

MARKET SIZE 2024 193.21(USD Million)
MARKET SIZE 2025 211.63(USD Million)
MARKET SIZE 2035 526.01(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 9.53% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Volvo Group (SE), Daimler AG (DE), Scania AB (SE), MAN SE (DE), PACCAR Inc (US), Navistar International Corporation (US), Tesla Inc (US), Boeing Company (US)
Segments Covered Component, Technology
Key Market Opportunities Advancements in automation technology enhance efficiency and safety in the truck platooning market.
Key Market Dynamics Technological advancements and regulatory support drive the adoption of truck platooning in the logistics sector.
Countries Covered US

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FAQs

What is the expected market size of the US Truck Platooning Market in 2024?

The US Truck Platooning Market is expected to be valued at 225.4 million USD in 2024.

What will be the market size of the US Truck Platooning Market by 2035?

By 2035, the US Truck Platooning Market is projected to reach a value of 890.0 million USD.

What is the expected compound annual growth rate (CAGR) for the US Truck Platooning Market from 2025 to 2035?

The US Truck Platooning Market is expected to exhibit a CAGR of 13.298 % from 2025 to 2035.

Which component is expected to have the largest market share in 2024?

In 2024, the RADAR Base Collision Mitigation component is valued at 95.4 million USD, indicating a significant share in the market.

What is the projected market size for Forward Looking Cameras in the US Truck Platooning Market by 2035?

Forward Looking Cameras are expected to reach a market value of 280.0 million USD by 2035.

Who are the key players in the US Truck Platooning Market?

Major players in the US Truck Platooning Market include Volvo Trucks, Tesla, and Aurora Innovation among others.

What market value is expected for System Display with Rear Time Camera in 2024?

The market value for System Display with Rear Time Camera is anticipated to be 60.0 million USD in 2024.

How does the growth rate of the US Truck Platooning Market compare regionally?

The growth rate for the US Truck Platooning Market showcases strong potential as it expands nationwide over the forecast period.

What are some emerging trends in the US Truck Platooning Market?

Emerging trends include advancements in automation and connectivity solutions among truck manufacturers.

What is the expected market size for RADAR Base Collision Mitigation by 2035?

By 2035, RADAR Base Collision Mitigation is projected to be valued at 370.0 million USD in the US Truck Platooning Market.

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