Truck Platooning Market 2018 Global Growth, Share, Size, Trends, Region, Key Players Forecast To 2023 - Daimler AG (Germany), Scania AB (Sweden), AB Volvo (Sweden), Peloton Technology (US), And Navistar International Corporation

Market research future published a half-cooked research report on global truck platooning market. The truck platooning market is expected to grow over the CAGR of around 11% during the period 2018 to 2023. Platooning is very useful in automotive industry with the aim to improve safety, fuel efficiency, and decrease pollution. Truck platooning caters to a number of trucks equipped with connectivity technology and automated driving support systems – one closely following another. The platoon works with the first truck acting as a leader and other vehicles behind the trucks adapting to the changes in the movement of the first trucks. The trucks maintain a set close distance between each other, which reduces the air drag and lowers fuel consumption and CO2 emissions. The vehicle manufacturers are developing new technologies such as automated driving support systems to improve the platooning technology and multi brand platooning.

The key players in the global automotive ABS markets include:

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.      

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On the basis of region, the market is segmented on the basis of North America, Asia-Pacific, Europe, and Rest of the World. The availability of automated technologies related to platooning in most regions has propelled the demand in the truck platooning market. Existence of major manufacturers in these regions along with their partnerships with the local players, over time, have widened the scope of the market in these regions. Europe region is expected to dominate the market during the forecast period. Truck platooning involves high capital costs, which becomes an entry barrier. Asia-Pacific is expected to be the second largest market during the forecast period due to immense demand of commercial vehicles in India. With the increase in demand of commercial vehicles, there has been growth in the truck platooning market. The safety and minimum driving efforts with easy transportation for achieving the desired automated vehicles generates the need for adoption of advanced technologies, such as platooning.

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 report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global truck platooning’s market by its component, technology, vehicle type, and region.

The report for global truck platooning market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Table of Content:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Bargaining Power Of Suppliers

3.1.4 Threat Of Substitutes

3.1.5 Segment Rivalry

3.2 Value Chain/Supply Chain Analysis

Continued…

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