Latest released the research study on Global Truck Platooning Systems Market, offers a detailed overview of the factors influencing the global business scope. Truck Platooning Systems Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Truck Platooning Systems
The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Peloton Technology (United States),Volvo Group (Sweden),Scania (Sweden),Daimler (Germany),Navistar (United States),Toyota (Japan),Uber (United States),Bendix Commercial Vehicle Systems (United States),Continental AG (Germany),IVECO (Italy).
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Truck Platooning Systems Market Overview
Trucks are the major type of vehicle adopting the platooning system. Platooning is a method where a group of two or more vehicles travels behind one another safely to experience less fuel consumption, reduced air drag, optimal use of road space thereby avoiding traffic congestion. There has been 4-5% fuel consumption shown by the leading truck using this method. Truck platooning is recognized as the future of the transportation industry. Platoon is similar to the trainâ€™s compartment arrangement but with physical disconnects. If truck platoons are permitted to operate on truck-only highways, it is expected to lead to an integrated business model between the infrastructure service provider and transportation service provider and may also result in several public-private partnerships for financing the concept of truck platooning.
What’s Trending in Market:
Anticipated changes in the truck platoon business models.
The emergence of new businesses due to this market.
Undefined safety parameters.
Increasing user and public acceptance and concerns over Data privacy and cybersecurity regulations.
High cost of hardware technologies such as Adaptive cruise control (ACC), Blind-spot warming (BSW), Forward collision warning (FCW) which increases the overall cost of vehicles.
Lack of Infrastructure in the transport system in many countries.
Market Growth Drivers:
Interoperability of truck platooning method and platforms integrating connected technologies.
Rising adoption of advanced driver assistance system (ADAS) features and significant platooning system.
Advancement in technology and stringent vehicle norms in emerging economies.
Reducing CO2 emission and reduction in fuel consumption.
The Global Truck Platooning Systems Market segments and Market Data Break Down are illuminated below:
by Type (Autonomous, DATP (Driver-Assistive Tuck Platooning)), Application (Heavy Trucks, Light Trucks, Other), Services (Telematics, ACE, Tracking, Diagnostics), Systems (Adaptive Cruise Control (ACC), Automated Emergency Braking (AEB), Blind Spot Warning (BSW), Forward Collision Warning (FCW), Global Positioning System (GPS), Human Machine Interface (HMI), Lane Keep Assist (LKA), Others), Sensor (Lidar, Radar, Image)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Truck Platooning Systems Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Truck Platooning Systems market
Chapter 2: Exclusive Summary – the basic information of the Truck Platooning Systems Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Truck Platooning Systems
Chapter 4: Presenting the Truck Platooning Systems Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying market size by Type, End User and Region 2014-2019
Chapter 6: Evaluating the leading manufacturers of the Truck Platooning Systems market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2020-2025).
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Truck Platooning Systems Market is a valuable source of guidance for individuals and companies in decision framework.
Data Sources & Methodology
The primary sources involves the industry experts from the Global Truck Platooning Systems Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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