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Automotive Platooning System Market - Global Industry Analysis

Automotive Platooning System Market: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2026

Published Date: 27-Sep-2016 Category: Automotive Report Format : PDF Pages: 103 Report Code: ZMR-177 Status : Published

Automotive platooning systems market saw shipments of 841,354 units in 2015 and the number is expected to reach 7,100,874 units by 2026, growing at a CAGR of 22.64% between 2016 and 2026


Automotive platooning is an emerging market and currently is in a phase of technological innovation. Platooning offers tremendous benefits such as fuel economy, increased road safety, better road capacity usage, and others. Automotive platooning system market report offers estimate and analysis of the automotive platooning systems market on a global and regional level. This research study gives historic data of 2015 and forecast for the period 2016 to 2026 on the basis of volume (Units). This report covers restraints and drivers for the market and their impact on the demand over the estimated period. In addition, this research study provides analysis of growth opportunities available in the automotive platooning systems market on a global level.

This report gives an inclusive view on the automotive platooning systems market by incorporating thorough product portfolio of key vendors and competitive scenario. In order to understand the competitive landscape in the market, Porter’s five forces model and it’s an analysis for the automotive platooning systems market has also been incorporated.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

The study provides a crucial view on the automotive platooning systems market by segmenting the market on the basis of region. All regions have been analyzed on the basis of present and future trends and the market is estimated from 2015 to 2026. The regional segmentation involves current and forecast demand for North America, Asia-Pacific, Europe, Middle East and Africa and Latin America.

The report offers comprehensive competitive outlook including company profiles of the major participants in the global automotive platooning systems market. The key players of Daimler, Peloton Technology, Scania, Volvo, Continental, Delphi, IVECO, MAN Truck & Bus, Meritor Wabco, Navistar, Nokia Growth Partners, TomTom and others.

This report segment of the automotive platooning systems market as follows:

Global Automotive Platooning Systems Market: Regional Segment Analysis

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East and Africa

Table Of Content

  • Chapter 1 Preface
    • 1.1 Report description
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market research process
      • 1.3.2 Market research methodology
  • Chapter 2 Executive Summary
    • 2.1 Global automotive platooning systems market , 2015 – 2026 (Units)
    • 2.2 Global automotive platooning systems market : Snapshot
  • Chapter 3 Automotive Platooning Systems– Market Dynamics
    • 3.1 Introduction
    • 3.2 Market Drivers
      • 3.2.1 Increased traffic and fuel efficiency
      • 3.2.2 Increased safety benefits
    • 3.3 Restraints
      • 3.3.1 High investment cost and lack of adequate infrastructure
    • 3.4 Opportunities
      • 3.4.1 Growing government support
    • 3.5 Autonomous vehicle industry overview
    • 3.6 Porter’s five forces analysis
      • 3.6.1 Bargaining power of suppliers
      • 3.6.2 Bargaining power of buyers
      • 3.6.3 Threat of substitutes
      • 3.6.4 Threat of new entrants
      • 3.6.5 Degree of competition
    • 3.7 Automotive Platooning Systems: Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis by regional segment
  • Chapter 4 Competitive Landscape
    • 4.1 Competitive landscape analysis
    • 4.2 Strategic Development
      • 4.2.1 Acquisitions & Mergers
      • 4.2.2 New Product Launch
      • 4.2.3 Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4 Research and Development, Product and Regional Expansion
  • Chapter 5 Automotive Platooning Systems Market – Regional Analysis
    • 5.1 Global automotive platooning systems market : Regional Overview
      • 5.1.1 Global automotive platooning systems market volume share, by region, 2015 & 2026
    • 5.2 North America
      • 5.2.1 North America automotive platooning systems market, 2015 - 2026 (Units)
    • 5.3 Europe
      • 5.3.1 Europe automotive platooning systems market, 2015 - 2026 (Units)
    • 5.4 Asia Pacific
      • 5.4.1 Asia Pacific automotive platooning systems market, 2015 - 2026 (Units)
    • 5.5 Latin America
      • 5.5.1 Latin America automotive platooning systems market, 2015 - 2026 (Units)
    • 5.6 Middle East and Africa
      • 5.6.1 Middle East and Africa automotive platooning systems market, 2015 - 2026 (Units)
  • Chapter 6 Company Profiles
    • 6.1 Delphi Automotive PLC
      • 6.1.1 Overview
      • 6.1.2 Financials
      • 6.1.3 Product portfolio
      • 6.1.4 Business Strategy
      • 6.1.5 Recent Developments
    • 6.2 IVECO
      • 6.2.1 Overview
      • 6.2.2 Financials
      • 6.2.3 Product portfolio
      • 6.2.4 Business Strategy
      • 6.2.5 Recent Developments
    • 6.3 MAN Truck & Bus
      • 6.3.1 Overview
      • 6.3.2 Financials
      • 6.3.3 Product portfolio
      • 6.3.4 Business Strategy
      • 6.3.5 Recent Developments
    • 6.4 Meritor Wabco
      • 6.4.1 Overview
      • 6.4.2 Financials
      • 6.4.3 Product Portfolio
      • 6.4.4 Business Strategy
      • 6.4.5 Recent Developments
    • 6.5 Daimler AG
      • 6.5.1 Overview
      • 6.5.2 Financials
      • 6.5.3 Product Portfolio
      • 6.5.4 Business Strategy
      • 6.5.5 Recent Developments
    • 6.6 Scania AB
      • 6.6.1 Company Overview
      • 6.6.2 Financials
      • 6.6.3 Business Strategy
      • 6.6.4 Recent Developments
    • 6.7 Continental Corporation
      • 6.7.1 Company Overview
      • 6.7.2 Financials
      • 6.7.3 Product Portfolio
      • 6.7.4 Business Strategy
      • 6.7.5 Recent Developments
    • 6.8 Volvo Group
      • 6.8.1 Company Overview
      • 6.8.2 Financials
      • 6.8.3 Business Strategy
      • 6.8.4 Recent Developments
    • 6.9 Peloton Technology
      • 6.9.1 Company Overview
      • 6.9.2 Product Portfolio
      • 6.9.3 Business Strategy
      • 6.9.4 Recent Developments
    • 6.10 Navistar International Corporation
      • 6.10.1 Overview
      • 6.10.2 Financials
      • 6.10.3 Product Portfolio
      • 6.10.4 Business Strategy
      • 6.10.5 Recent Developments
    • 6.11 Nokia Growth Partners
      • 6.11.1 Overview
      • 6.11.2 Product Portfolio
      • 6.11.3 Business strategy
      • 6.11.4 Recent Developments
    • 6.12 TomTom N.V.
      • 6.12.1 Overview
      • 6.12.2 Financials
      • 6.12.3 Product Portfolio
      • 6.12.4 Business Strategy
      • 6.12.5 Recent Developments
    • 6.13 Magna International Inc.
      • 6.13.1 Overview
      • 6.13.2 Financials
      • 6.13.3 Product Portfolio
      • 6.13.4 Business Strategy
      • 6.13.5 Recent Developments

List of Figures

FIG. 1 Market Research Process
FIG. 2 Market Research Methodology
FIG. 3 Global automotive platooning systems market volume, 2015 – 2026 (Units)
FIG. 4 The predicted yearly reduction of CO2, due to truck platooning in million tons of CO2 per year
FIG. 5 Road death per 10,000 vehicles and per 100,000 population 1936 to 2014 in New Zealand
FIG. 6 The worst countries for road traffic fatalities (Road deaths per 100,000 inhabitants in 2013)
FIG. 7 Porter’s five forces analysis for automotive platooning systems market
FIG. 8 Market attractiveness analysis by regional segment
FIG. 9 Global automotive platooning systems market volume share, by region, 2015 & 2026
FIG. 10 North America automotive platooning systems market, 2015 - 2026 (Units)
FIG. 11 Europe automotive platooning systems market, 2015 - 2026 (Units)
FIG. 12 Asia Pacific automotive platooning systems market , 2015 - 2026 (Units)
FIG. 13 Latin America automotive platooning systems market, 2015 - 2026 (Units)
FIG. 14 Middle East and Africa automotive platooning systems market, 2015 - 2026 (Units)
FIG. 15 Revenue by business segment 2015 (USD Million)
FIG. 16 2015 net sale by geography (USD Billion)
FIG. 17 Net revenues by region in the years ended December 31, 2015 (USD Million)
FIG. 18 Net Sale by Product Segment, 2015
FIG. 19 Sales by division of business, 2015 (USD Billion)
FIG. 20 Share of net sales by business area , 2015
FIG. 21 Share of net sales by market (%), 2015

List of Tables

TABLE 1    Global automotive platooning systems market : Snapshot
TABLE 2    Drivers of the automotive platooning system market : Impact Analysis
TABLE 3    Restraints for the automotive platooning system market : Impact Analysis


This report is based on in-depth qualitative and quantitative analyses of the global Automotive Platooning System market. Zion Research has collected and analyzed key data belong to the Global Automotive Platooning System market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Automotive Platooning System across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the Automotive Platooning System industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Automotive Platooning System market.


Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Automotive platooning is a group of vehicles which travels in close proximity to each other. The platooning system uses different technologies to attain safe and competent transport. The automotive platooning system reduces carbon dioxide (CO2) emission. Truck platooning consist of two or more trucks driving close behind the platoon leader, with the next truck automatically following the leading truck through vehicle-to-vehicle communication. Further, trucks rely on an abundance of sensors and technologies such as radar and GPS to sense their environment and drive safely. Truck platooning offers the reduction of road freight operational costs owing to fuel savings and possible higher productivity of both driver and truck.

A platoon is a group of vehicles that can run closely together, safely at desired speed.  Leading vehicle controls the speed and direction of vehicles, and following vehicles (which have precisely matched braking and acceleration) reacts accordingly to the lead vehicle’s movement.

Global automotive platooning systems market

Road accidents in the emerging regions like Asia Pacific have increased dramatically over the past couple of years. The main reason behind these accidents is congested traffic, growing driver fatigue owing to long working hours and unregulated traffic discipline. The automotive platooning system is projected to be the very profitable market in the near future. Increased safety benefits, fuel efficiency, emission reduction and reduced traffic congestion together stimulate the demand for automotive platooning systems. However, low consumer awareness, lack of adequate infrastructure, and comparatively low maturity of the autonomous vehicle technology in few economies are some of the challenges restraining the growth of this market.

The major players are also participating in several projects such as; PATH, SARTRE, GCDC, and Energy ITS where this technique is tested and verified. The automotive platooning system is projected to be the very profitable market in the near future. Europe accounted for nearly 29.56% of the market share in 2015. Europe is a mature automotive market and holds significant potential for the truck platooning system market. Due to sophisticated ICT infrastructure and implementation of favorable regulatory mandates, Europe is expected to witness promising growth in platooning systems technology over the forecast period.

Collaborative efforts between automotive platooning system providers, R&D organizations, connected vehicle service providers, OEMs, transportation and logistics service providers and regulators would play the crucial part in the augmenting proliferation of automotive platooning systems in the market in the near future. The key players operative in the global automotive platooning market includes Daimler, Peloton Technology, Scania, Volvo, Continental, Delphi, IVECO, MAN Truck & Bus, Meritor Wabco, Navistar, Nokia Growth Partners, TomTom and others.

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