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    US Truck Platooning Market

    ID: MRFR/AM/11402-HCR
    128 Pages
    Sejal Akre
    September 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 Research Report — Global Forecast till 2035 Infographic
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    US Truck Platooning Market Summary

    The US Truck Platooning market is projected to grow from 225.4 USD Million in 2024 to 890 USD Million by 2035, reflecting a robust CAGR of 13.3%.

    Key Market Trends & Highlights

    US Truck Platooning Key Trends and Highlights

    • The market valuation for US Truck Platooning is expected to reach 890 USD Million by 2035.
    • From 2025 to 2035, the market is anticipated to grow at a compound annual growth rate of 13.3%.
    • In 2024, the market is valued at 225.4 USD Million, indicating a strong starting point for growth.
    • Growing adoption of automation technology due to increased fuel efficiency is a major market driver.

    Market Size & Forecast

    2024 Market Size 225.4 (USD Million)
    2035 Market Size 890 (USD Million)
    CAGR (2025-2035) 13.3%

    Major Players

    Volvo Trucks, Navistar, Freightliner, Peloton Technology, Tesla, Locomation, Aurora Innovation, Wabco Holdings, TuSimple, Bendix Commercial Vehicle Systems, Embark Trucks, Einride, Waymo, Uber Freight, Mack Trucks

    US Truck Platooning Market Trends

    The US Truck Platooning Market is experiencing several important trends that are shaping its future. A key market driver is the increasing emphasis on fuel efficiency and reducing emissions, which align with the government's goals for greener transportation solutions. The adoption of truck platooning technology helps reduce fuel consumption by allowing vehicles to travel closely together, thereby minimizing air resistance. Additionally, advancements in vehicle-to-vehicle communication technologies are enhancing the operational efficiency of platooning systems, making them a viable option for logistics companies aiming to optimize their fleet management.

    Opportunities in the US market lie within the potential partnerships between technology developers and truck manufacturers, particularly as the demand for automated driving solutions grows. The Federal Motor Carrier Safety Administration has been supportive in creating regulatory frameworks to facilitate the testing and deployment of connected and automated trucks, encouraging innovation in this space. As more states develop their own guidelines regarding the use of platooning technologies, this will further drive market growth and adoption across the nation. In recent times, increased investment in intelligent transportation systems and smart infrastructure is notable.

    Market Segment Insights

    US Truck Platooning Market Segment Insights:

    US Truck Platooning Market Segment Insights:

    Truck Platooning Market Component Insights

    Truck Platooning Market Component Insights

    The Component segment of the US Truck Platooning Market presents a vital focus area that consists of essential technologies contributing to safer and more efficient transport solutions. This segment showcases an essential layer of advanced driver-assistance systems aimed at enhancing the operational capabilities of trucks engaged in platooning operations. Through the use of systems such as Forward Looking Cameras, trucks can effectively monitor their surroundings, detect obstacles, and provide necessary feedback to the drivers and the autonomous driving system, thus ensuring a high degree of safety and reliability in the platooning process.

    Moreover, the System Display with Rear Time Camera serves as a crucial interface for truck operators, offering real-time visual data that allows drivers to stay informed about their immediate environment. This not only aids in decision-making but also enhances coordination between trucks in a platoon, creating a seamless and synchronized driving experience that optimizes fuel efficiency and reduces road congestion.

    Another key technology within this component segment is RADAR Base Collision Mitigation, which plays an indispensable role in preventing accidents during platooning operations. By employing radar technology, trucks can detect other vehicles and obstacles, assisting in maintaining safe distances and preventing collisions, irrespective of driving conditions. The integration of these components strengthens the overall safety framework of truck platooning, resonate well with regulatory bodies and within the United States, where transportation safety is of paramount importance.This market's dynamics are shaped by evolving regulations, technological advancements, and heightened focus on freight efficiency.

    As the trucking industry transitions towards smarter solutions, these components are essential for advancing platooning technology to operational readiness.

    Truck Platooning Market Technology Insights

    Truck Platooning Market Technology Insights

    The Technology segment of the US Truck Platooning Market focuses on innovative solutions that enhance safety and efficiency on the roads. Key areas within this segment include the Acceleration and Braking Controller, which plays a critical role in maintaining optimal vehicle spacing and ensuring smooth deceleration in various driving conditions. This technology is essential for reducing collision risks, thereby improving overall road safety and enhancing fuel efficiency through coordinated driving behavior. Another significant area is the Dedicated Short Range Sensors (DSRS) for Vehicle-to-Vehicle (V2V) communication.

    This technology enables real-time data exchange between trucks, facilitating instant responses to potential hazards and adjusting driving patterns accordingly. The integration of these technologies supports the growing emphasis on automation in the trucking industry, driven by the need for increased productivity and reduced operational costs. With the ongoing development of these technologies, we can expect a transformative impact on logistics and transportation in the US, contributing significantly to market dynamics and shaping future industry standards.

    Get more detailed insights about US Truck Platooning Market Research Report — Global Forecast till 2035

    Key Players and Competitive Insights

    The competitive insights of the US Truck Platooning Market present a dynamic landscape enhancing operational efficiencies and safety in freight transportation. In recent years, there has been a noticeable shift toward the integration of advanced technologies within the trucking industry, particularly in relation to automation and connectivity. As companies strive to reduce costs and emissions while improving productivity, truck platooning has emerged as a viable solution. This concept allows multiple trucks to travel closely together, using advanced sensors and vehicle-to-vehicle communication technology to maintain speed and distance.

    The competitive edge in this market hinges on technological innovation, strategic partnerships, regulatory compliance, and understanding customer needs, making it essential for market players to stay ahead with consistent developments and adopter engagement.

    Volvo Trucks stands out in the US Truck Platooning Market due to its robust commitment to technological advancements and sustainability. The company is known for its innovative approach in integrating semi-autonomous driving capabilities in its truck models, which aligns perfectly with the principles of truck platooning. With a strong emphasis on safety and efficiency, Volvo Trucks has invested heavily in research and development to refine its automated driving systems, enabling trucks to operate in platoons effectively.

    This focus has not only bolstered Volvo's presence in the market but has also positioned its products as leaders in safety features and fuel efficiency. The company’s established reputation in the heavy-duty truck sector, along with a well-developed support network, enhances its competitive stance, allowing it to cater effectively to a growing demand for truck platooning solutions.

    Navistar also plays a significant role in the US Truck Platooning Market, leveraging its extensive expertise in the manufacturing of commercial vehicles. Known for producing high-performance trucks equipped with advanced technology, Navistar is actively engaged in developing solutions that facilitate truck platooning. The company offers a range of products, including medium-duty and heavy-duty trucks that are prime candidates for platooning applications. Navistar's strengths lie in its ability to adapt to market demands and its strategic partnerships aimed at advancing vehicle connectivity and automation technologies.

    In recent years, the company has pursued mergers and collaborations to enhance its technological capabilities in this competitive landscape. These efforts have allowed Navistar to solidify its market position and expand its portfolio, making it a formidable player in the evolving trucking industry focused on platooning advancements.

    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.

    Market Segmentation

    Outlook

    • Acceleration & Braking Controller
    • DSRS V2V Communication

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 205.79 (USD Million)
    MARKET SIZE 2024 225.4 (USD Million)
    MARKET SIZE 2035 890.0 (USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 13.298% (2025 - 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 Trucks, Navistar, Freightliner, Peloton Technology, Tesla, Locomation, Aurora Innovation, Wabco Holdings, TuSimple, Bendix Commercial Vehicle Systems, Embark Trucks, Einride, Waymo, Uber Freight, Mack Trucks
    SEGMENTS COVERED Component, Technology
    KEY MARKET OPPORTUNITIES Increased fuel efficiency, Advanced safety features, Regulatory support and incentives, Technological advancements in automation, Growing demand for logistics optimization
    KEY MARKET DYNAMICS Regulatory advancements, Fuel efficiency benefits, Technological innovations, Safety improvements, Cost reduction potential
    COUNTRIES COVERED US

    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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