Truck Platooning Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

The Truck Platooning Market size is expected to grow at an annual average of 59% during 2021-2027. The platooning can reduce the aerodynamic drag for both the tailing truck and the lead truck, thereby saving fuel and thus reducing operating costs. This is expected to drive the market over the forecast years. The use of autonomous trucks for transportation can reduce traffic congestion. This technology can reduce transportation costs and overcome the problem of truck driver shortages. Autonomous vehicles provide many opportunities for the truck platoon market.

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The following segmentation are covered in this report:

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)

Company Profile
• Peloton Technology
• Daimler AG
• Volvo Group
• DAF Trucks (Paccar Company)
• Scania AB
• Continental AG
• WABCO Holdings Inc.
• Bendix Commercial Vehicles Systems LLC (Knorr-Bremse AG)

The report covers the following objectives:
• Proliferation and maturation of trade in the global Truck Platooning Market
• The market share of the global Truck Platooning Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Truck Platooning Market
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Truck Platooning Market

Scope of the report
The research study analyses the Truck Platooning Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments
• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

A full report of Truck Platooning Market is available at:
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Geographic coverage
• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Truck Platooning Market Report
• What was the Truck Platooning Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How 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 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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This release was published on openPR.