Truck Platooning Market Size, In-depth Analysis Report and Global Forecast

The new Truck Platooning Market report offers a comprehensive study of the current scenario of the market including major market dynamics. Also, it highlights the in-depth marketing research with the newest trends, drivers, and segments with reference to regional and country. Further, this report profiles top key players and analyze their market share, strategic development, and other development across the world.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the truck platooning market include Continental (Germany), Bosch (Germany), NVIDIA (US), and PELOTON (US). Platooning systems and technologies are supplied to automotive OEMs such as Volvo (Sweden), Daimler (Germany), and others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

Major factors propelling the truck platooning market forward are the growing need for enhancing driver capabilities and a rise in commercial vehicles. New trends in the road freight sector, like vehicle customization, are allowing truck fleets to get equipped with navigation tools and advanced securiy. Such initiatives will generate a substantial scope for adopting truck platooning systems and services in the coming years. As a setback, these autonomous technologies have high costs, which might restrict industry growth. Nonetheless, many original equipment manufacturers (OEMs) are scaling up investments in the research and development of innovative vehicle designs leading to new opportunities within the truck platooning industry.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of truck platooning. The growth and trends of truck platooning industry provide a holistic approach to this study.

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Market Segmentation

This section of the truck platooning market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Platooning Type

  • Autonomous Truck Platooning
  • DATP

By Services

  • Telematics-Based Services (Automatic Crash Notification, Emergency Calling, Navigation & Infotainment, On-Road Assistance, Remote Diagnostics, Vehicle Tracking)
  • Platooning-Based Services (Pricing, Financial Transaction, Match Making)

By 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

By Sensor Type

  • Image
  • Radar
  • LiDAR

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Truck Platooning market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

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