United States Truck Platooning Market 2025 | Growth Drivers, Market Forecast, Competitive Landscape & Business Opportunities

Market Size and Growth

The Global "Truck Platooning Market" is expected to reach at a CAGR 58.3% during the forecast period (2024-2031).

Key Development:

United States: Recent Industry Developments

✅ In July 2025, Locomation completed the commercial trial of its autonomous truck platooning system with Wilson Logistics.The test demonstrated a 30% improvement in fuel efficiency and reduced driver fatigue across long-haul routes.It marks a major step toward large-scale U.S. deployment.

✅ In June 2025, Peloton Technology announced new investment funding of $85 million to accelerate the rollout of its Level 4 platooning technology.The funding round was led by major logistics players aiming to cut freight emissions.The company plans nationwide fleet partnerships by 2026.

✅ In May 2025, Daimler Truck North America revealed pilot projects for connected platooning fleets in Texas and Nevada.The initiative leverages V2V (vehicle-to-vehicle) communication for synchronized driving.Safety validation trials are underway with U.S. freight carriers.

Japan: Recent Industry Developments

✅ In July 2025, Isuzu Motors and Hino Motors jointly launched platooning tests on the Shin-Tomei Expressway with government support.The trial focused on three-truck convoys operating under automated following systems.It is part of Japan's logistics digitalization roadmap for 2030.

✅ In June 2025, UD Trucks announced a collaboration with the New Energy and Industrial Technology Development Organization (NEDO) to integrate platooning into smart logistics corridors.The project aims to reduce CO2 emissions by 25% across regional transport networks.Trials are ongoing in eastern Japan.

✅ In May 2025, Mitsubishi Fuso introduced an R&D program for AI-driven truck platooning platforms with real-time traffic response.The system uses 5G connectivity to optimize convoy safety and efficiency.The initiative aligns with Japan's push for fully automated freight solutions.

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Key Players:

=> Platon technology, Daimler, Volvo, Scania, TomTom, Wabco, Meritor, Uber ATG, Continental AG, and DAF Trucks NV.

Growth Forecast Projected:

The Global Truck Platooning Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Truck Platooning Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Technology Type: Driver Assistive Truck Platooning, Autonomous Technology

➥ By Systems: Global Positioning System, Blind Spot Detection, Adaptive Cruise Control, Automated Lane Keeping, Automatic Braking, Others (Forward Collision Warning, Eco-driving Systems)

Regional Analysis for Truck Platooning Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Truck Platooning producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Truck Platooning revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

Q: What is the growth rate of the Truck Platooning Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 58.3% during the forecast period from 2024 to 2031.

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