Press release
Automotive Platooning System Market Growth to be fuelled by Advancements in Technology 2020-2025 | TomTom, Daimler, Peloton Technology, Scania, Volvo, Continental, Delphi, IVECO
Automotive Platooning System Market
Global Automotive Platooning System Market Overview:
The Global Automotive Platooning System Market is anticipated to attain substantial growth by the end of the forecast period (2020-2025). The Global Automotive Platooning System Market report explains that this business is predicted to register a noteworthy growth rate over the forecast period.
Major key factors driving the growth of the Global Automotive Platooning System Market are rapid growth in demand for road safety & security and increasing focus toward reducing the operating cost of transportation, growing government regulations for vehicle safety, increasing adoption of advanced driver assistance systems (ADAS) and significant testing of on-highway platooning
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The Global Automotive Platooning System Market is segmented on the basis of Type, Application and Region. Based on the Type, the Global Automotive Platooning System Market is sub-segmented into Vehicle to Vehicle (V2V), Vehicle to Infrastructure (V2I) and others. On the basis of Application, the Global Automotive Platooning System Market is classified into Passenger Vehicles, Commercials Vehicles and others.
In terms of the geographic analysis, The Automotive Platooning System Market in North America is expected to grow at the highest CAGR during the forecast period. Moreover, the presence of major players in the Automotive Platooning System Market ecosystem results in the increasing adoption of these systems in North America.
Top Technology Industry News:
TomTom (June 18, 2020) - TomTom and Delphi Technologies Deliver Exceptional 10-Percent Plus Fuel Saving for Passenger Cars - TomTom (TOM2), the location technology specialist, and Delphi Technologies PLC (DLPH), the pioneers in propulsion technologies, today announced that real-world drive tests of Delphi Technologies’ advanced driver assistance systems (ADAS) combined with the TomTom ADAS Map delivered fuel savings of more than 10 percent in passenger cars.
This successful proof of concept was achieved using a Delphi Technologies’ Intelligent Driving prototype vehicle equipped with its latest advanced propulsion software and TomTom’s ADAS map. The testing involved a range of routes to validate the system’s fuel economy benefits under a variety of real-world driving conditions. The TomTom ADAS Map provides enriched, highly accurate data on speed limits, lane information, gradient, road curvature and traffic signs. Delphi Technologies’ Intelligent Driving software suite uses the TomTom data to anticipate the road ahead, optimizing the car’s propulsion system for improved speed and control for reduced energy consumption.
Testing results show that powertrain efficiency improved dramatically when TomTom’s ADAS map was activated. Conducted with different drivers who selected their preferred routes, the testing also demonstrated the system’s adaptability and capacity to deliver results without compromising the driving experience or extending driving times.
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Top Leading Key in Players Global Automotive Platooning System Market: Daimler, Peloton Technology, Scania, Volvo, Continental, Delphi, IVECO, MAN Truck & Bus, Meritor Wabco, Navistar, Nokia Growth Partners, TomTom and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
With the presence of a large pool of participants, the Global Automotive Platooning System Market is displaying a highly competitive business landscape, finds a new research report by Business Industry Reports (BIR). Daimler, Peloton Technology, Scania, Volvo, Continental, Delphi, IVECO, MAN Truck & Bus, Meritor Wabco, Navistar, Nokia Growth Partners, TomTom are some of the key vendors of Automotive Platooning System across the world. These players across Automotive Platooning System Market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products.
Region segment: Automotive Platooning System Market report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Automotive Platooning System in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
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Major Points in Table of Contents:
Global Automotive Platooning System Market Report 2020
1 Automotive Platooning System Product Definition
2 Global Automotive Platooning System Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Automotive Platooning System Shipments
2.2 Global Manufacturer Automotive Platooning System Business Revenue
2.3 Global Automotive Platooning System Market Overview
3 Manufacturer Automotive Platooning System Business Introduction
3.1 Daimler Automotive Platooning System Business Introduction
3.2 Peloton Technology Automotive Platooning System Business Introduction
3.3 Scania Automotive Platooning System Business Introduction
3.4 Volvo Automotive Platooning System Business Introduction
3.5 Continental Automotive Platooning System Business Introduction
3.6 Delphi Automotive Platooning System Business Introduction
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