Truck Platooning Market is projected to grow at a CAGR of 60.96% from 2021 to 2030

| October 3, 2018

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The truck platooning market is projected to grow to USD 2,728.7 million by 2030 from USD 37.6 million in 2021, at a CAGR of 60.96% during the forecast period. Reduction in operating cost, driver shortage, and developments in V2X technologies are the key factors driving the market for truck platooning. Additionally, the growing environmental concerns, efforts to increase fuel efficiency, stringent government regulations for emission, and increasing concerns of traffic congestion have accelerated the growth of the truck platooning market.

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