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Truck Platooning Market 2018 Key Company Global Industry Outlook: AB Volvo, Continental, Peloton, Daimler, Delphi Automotive, And OTTO Technologies

09-17-2018 02:48 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Truck Platooning Market 2018 Key Company Global Industry

Truck Platooning Market Report 2018 is latest report on Global Truck Platooning Industry provides in-depth Truck Platooning Market analysis by Component (Forward Looking Camera, System Display with Rear Time Camera, RADAR Base Collision Mitigation), Technology (Acceleration & Braking Controller, DSRS V2V Communication) Forecast till 2023.

Truck Platooning Key Companies Market Analyzed For This Research Report Are: The key players in Truck Platooning market are Daimler AG (Germany), Scania AB (Sweden), AB Volvo (Sweden), Peloton Technology (US), Navistar International Corporation (US), and Meritor Wabco (Auburn Hills). Bendix Commercial Vehicles Systems LLC (Ohio), Continental AG (Germany), Delphi Automotive PLC (Dublin), and OTTO Technologies (San Francisco) are among others.

Get Sample Copy of "Truck Platooning Market Research Report - Forecast to 2023" At: https://www.marketresearchfuture.com/sample_request/6278

The truck platooning market is expected to grow over the CAGR of around 11% during the period 2018 to 2023. Platooning is an advanced vehicle technology where automated support system is tethered convoys of two or more trucks set closely together to reduce air drag and increase fuel efficiency.

This study provides an overview of the global Truck Platooning market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW).

The factors that are responsible for the growth of truck platooning market are stringent environment regulations, innovation in platooning technologies, and the growing sales of commercial vehicles. Platooning provides autonomous driving experience, which reduces driving efforts and the number of accidents as well as it improves operational efficiency, which increases the growth of the market. Platooning improves road transport in a more efficient, safer and cleaner way, which increases demand for the platooning in the global market.

Truck platooning is expected to increase the demand in sectors such as road development, transportation, logistics, and information technology because of the rising demand for automated technologies. The European government has taken several initiates to facilitate large-scale, cross-border transportation through truck platooning. Moreover, the European automakers have been working on truck platooning with help of only front truck driver in the future. However regulatory framework in Europe and road infrastructure will hinder the growth of the market. 

The global truck platooning market is segmented on the basis of component, technology, vehicle type. On the basis of components the market is segmented into forward looking camera, system display with rear time camera, driver-centric design, and radar base collision mitigation. On the basis of technology the market is segmented into acceleration & braking controller, GPS, cellular & Wi-Fi communication, dedicated short range communication V2V communication. On the basis of vehicle type the market is segmented into light commercial vehicle, and heavy commercial vehicle.

Regional Analysis:

Europe is expected to dominate the market in the future due to an increase in demand for smart mobility and automated driving system in countries such as UK, Germany, and France. Also, there has been an increase in sales of commercial vehicles in Europe, which has resulted in an increase in the market size of truck platooning. The increase in demand for safety, efficiency and road transport increases the demand for truck platooning in the region.

Competitive Landscape:

The Truck Platooning market is witnessing intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations, as key factors that confront market growth. The vendors compete in terms of cost, product quality, reliability, and aftermarket service. It is crucial for the vendors to provide cost-efficient and high-quality driver state monitoring systems, to survive and succeed in an intensely competitive market environment.

Major Table of Content:

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter's Five Forces Analysis

Continued...

Browse more details on this "Truck Platooning Market Report 2018" report at: https://www.marketresearchfuture.com/reports/truck-platooning-market-6278

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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