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Truck Platooning Market Size & Growth Analysis Report, 2021-2027

03-01-2021 04:47 PM CET | Industry, Real Estate & Construction

Press release from: Orion Market Reports

The Truck Platooning Market is expected to record a CAGR of over 41% over the forecast period (2021-2027).

Factors such as rising government regulations on emissions in the transport sector and declining fuel consumption are driving the truck cluster market growth. In addition, the truck fleet market is experiencing growth due to government support rules for military enforcement. However, the high cost of clustering technology and increasing security and privacy concerns are factors that are expected to hinder the growth of the truck clustering market. In addition, the production of fully autonomous trucks for platooning and the expansion of the size of the fleet of trucks are expected to provide incredible growth opportunities for players operating in the fleet of trucks. In order to avoid dangerous situations and increase transportation efficiency, the global truck cluster market trend is expected to increase as the demand for automation in the transportation industry increases.

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A full report of Truck Platooning Market available at: https://www.orionmarketreports.com/truck-platooning-market/38821/

Key players including AB Volvo, Bendix Commercial Vehicles Systems LLC, Continental AG, Daimler AG, Delphi Automotive PLC, Meritor Wabco, Navistar International Corporation, OTTO Technologies, PelotonTechnology, Scania AB, and others holds major truck platooning market share.

Truck Platooning Market Segments:

By Technology

• Adaptive Cruise Control (ACC)
• Blind Spot Warning (BSW)
• Global Positioning System (GPS)
• Forward Collision Warning (FCW)
• Lane Keep Assist (LKA)
• Others

By Platooning Type

• Driver-assistive Tuck Platooning (DATP)
• Autonomous Truck Platooning

By Platooning Type

• Vehicle-to-infrastructure (V2I)
• Vehicle-to-vehicle (V2V)
• Vehicle-to-everything (V2X)

Reasons to Buying From us –

• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Truck Platooning Market Report

• What was the Truck Platooning Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Truck Platooning Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Truck Platooning Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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