Press release
Global Truck Platooning Market Analysis and Forecast, 2019-2028
The global truck platooning market was estimated at around US$ 1.8 billion in 2022 and is expected to grow at a moderate CAGR of over 31.2% during the forecast period of 2023-2028.Market Scope and Report Overview
According to a deep-dive market assessment by RationalStat, the global truck platooning market has been analyzed on the basis of market segments including type, application, and geography/regions (incl. North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2019-2028.
Market intelligence for the global truck platooning market covers market sizes on the basis of market value (US$/EUR Million) and volume ('000 units/tons/liters) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
In addition, the long-term sector and products/services 10-year outlook and its implications on the regional and the global truck platooning market. It also includes the industry's current state - Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
Period Covered include data for 2019-2028 along with year-wise demand estimations
The Truck platooning product market report analyzes the market on the basis of global economic situations, regional geopolitics, import-export scenarios, trade duties, market developments, organic and inorganic strategies, mergers and acquisitions, product launches, government policies, new capacity addition, technological advancements, R&D investments, and new market entry, replacement rates, penetration rates, installed base/fleet size, global and regional production capacity, among others.
RationalStat offers market analysis and consulting studies on the basis of dedicated and robust desk/secondary research supported by a strong in-house data repository. In addition, the research leverages data based on the real-time insights gathered from primary interviews. Market estimations and insights are based on primary research (covering more than 240 entities) and secondary research by leveraging international benchmarking.
The global truck platooning market report also covers value chain and supply chain analysis that provides in-depth information about the value chain margins and the role of various stakeholders across the value chain. Market dynamics provided in the market study include market drivers, restraints/challenges, trends, and their impact on the market throughout the analysis period.
In the competition analysis section, the global truck platooning market provides a detailed competition benchmarking analysis based on the market share of the leading companies/brands/producers/suppliers, a market structure overview with detailed company profiles of more than 25 players with their financials, product/service offerings, major developments, business models, etc. This enables, clients and report buyers to make strong, precise, and timely decisions.
Explore more about this report - Request for Sample and Scope of the Study
https://store.rationalstat.com/store/global-truck-platooning-market/#tab-ux_global_tab
Macroeconomic Scenario and the Impact of COVID-19 on Regional Economic Sentiment
In the latest RationalStat analysis, geopolitical conflicts and inflation are the cited economic risks, while concerns about the volatility across energy sectors prevail in Europe and other parts of the world. Some of the potential risks to the economic growth in the leading regions, including Asia Pacific, Europe, North America, the Middle East & Africa, and other developing regions, are inflation, volatile energy prices, supply chain disruptions, geopolitical instability, labor shortages, rising interest rates, and COVID-19 pandemic.
The global economy experienced heavy headwinds, throughout 2019-2021, as some countries witnessed subdued growth, while other countries continued to grapple with economic slowdowns. The COVID-19 pandemic has levied undue pressure across the majority of industries globally and has caused a major economic crisis in the US, India, Italy, the UK, Germany, India, Japan, South Korea, the UK, and many others. Besides, the exit of the UK from the European Union earlier in 2020 and the Russo-Ukraine war in 2022 exacerbated the ever-heightened global uncertainty.
In addition to this, the global economic growth slowed in 2022 to 3.3%, weaker than expected at the end of 2021, mainly weighed down by Russia's war in Ukraine and the associated cost-of-living crisis in many countries. However, improvement in economic activities during the forecast period is expected. Growth is projected to remain at lower rates in 2023 and 2024, at 2.6% and 2.9% respectively.
Competition Analysis and Market Structure
Some of the prominent players that contribute significantly to the truck platooning market growth include Peloton Technology, Daimler AG, Volvo Group, DAF Trucks (Paccar Company), Scania AB, Continental AG, WABCO Holdings Inc., Bendix Commercial Vehicles Systems LLC, Delphi Technologies, and Navistar, Inc among others.
RationalStat has segmented the global Truck Platooning Market based on type, application, and region
• Global Truck Platooning Films Market Value (US$ Million), Volume ('000 units/tons), and Market Share (2019-2028) Analysis by Type
o Adaptive Cruise Control
o Forward Collision Avoidance
o Lane Departure Warning
o Active Brake Assist
• Global Truck Platooning Films Market Value (US$ Million), Volume ('000 units/tons), and Market Share (2019-2028) Analysis by Application
o Vehicle-to-Vehicle (V2V)
o Vehicle-to-Infrastructure (V2I)
o Global Positioning System (GPS)
• Global Truck Platooning Films Market Value (US$ Million), Volume ('000 units/tons), and Market Share (2019-2028) Analysis by Region
o North America Truck Platooning Films Market
US
Canada
o Latin America Truck Platooning Films Market
Brazil
Mexico
Rest of Latin America
o Western Europe Truck Platooning Films Market
Germany
UK
France
Spain
Italy
Benelux
Nordic
Rest of Western Europe
o Eastern Europe Truck Platooning Films Market
Russia
Poland
Hungary
Other CIS Countries
Rest of Eastern Europe
o Asia Pacific Truck Platooning Films Market
China
Japan
India
South Korea
Australia
ASEAN
• Indonesia
• Thailand
• Philippines
• Vietnam
• Malaysia
• Rest of ASEAN
Rest of Asia Pacific
o Middle East & Africa Truck Platooning Films Market
GCC
• Saudi Arabia (KSA)
• United Arab Emirates (UAE)
• Rest of the GCC
South Africa
Nigeria
Turkey
Rest of the Middle East & Africa
o Leading Companies and Market Players
o Peloton Technology
o Daimler AG
o Volvo Group
o DAF Trucks (Paccar Company)
o Scania AB
o Continental AG
o WABCO Holdings Inc.
o Bendix Commercial Vehicles Systems LLC
o Delphi Technologies
o Navistar, Inc.
For more information about this report https://store.rationalstat.com/store/global-truck-platooning-market/
Key Questions Answered in the Truck Platooning Films Market Report:
• What will be the market value of the Global Truck Platooning Films Market market by 2028?
• What is the market size of the Global Truck Platooning Films Market?
• What are the market drivers of the Global Truck Platooning Films Market?
• What are the key trends in the Global Truck Platooning Films Market?
• Which is the leading region in the Global Truck Platooning Films Market?
• What are the major companies operating in the Global Truck Platooning Films Market?
• What are the market shares by key segments in the Global Truck Platooning Films Market?
Kimberly Shaw,
Content and Press Manager
RationalStat LLC
sales@rationalstat.com
Phone: +1 302 803 5429
RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client's needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Truck Platooning Market Analysis and Forecast, 2019-2028 here
News-ID: 3072535 • Views: …
More Releases from RationalStat LLC

Latest Market Study | Global Lipstick Filling Machine Market Size, Share, & Fore …
The global lipstick filling machine market is expected to reach US$ 88.2 million by 2030, with an annual growth rate of more than 4.5%.
According to RationalStat's recent industry analysis, the Global Lipstick Filling Machine Market value is estimated at US$ 64.8 million in 2023 and is expected to rise at a strong CAGR of over 4.5% over the forecast period of 2023-2030.
Market Definition, Market Scope, and Report Overview
A lipstick…

Published Market Report | Global Railway Systems Market Size, Share, & Forecast …
The global railway systems market is expected to reach US$ 29.2 billion by 2030, with an annual growth rate of more than 3.6%.
According to RationalStat's recent industry analysis, the Global Railway Systems Market value is estimated at US$ 22.8 billion in 2023 and is expected to rise at a strong CAGR of over 3.6% over the forecast period of 2023-2030.
Market Definition, Market Scope, and Report Overview
Railway systems, also known…

Published Market Report | Global Window Blinds Market Size, Share, & Forecast 20 …
The global window blinds market is expected to reach US$ 3.7 billion by 2030, with an annual growth rate of more than 3.8%.
According to RationalStat's most recent industry analysis, the Global Window Blinds Market value is estimated at US$ 2.9 billion in 2023 and is expected to rise at a strong CAGR of over 3.8% over the forecast period of 2023-2030.
Market Definition, Market Scope, and Report Overview
Window blinds are…

Ointment and Cream Manufacturing Plant Market Report 2023 | Ointment and Cream M …
The global ointment and cream manufacturing plant market is expected to approach US$ 388.7 million by 2030, with an annual growth rate of more than 5.9%
Global Ointment and Cream Manufacturing Plant Market is valued at US$ 260.9 million in 2023 and is expected to grow at a significant CAGR of over 5.9% over the forecast period of 2023-2030, according to the published market report by RationalStat
Market Definition, Market…
More Releases for Truck
Rush Truck Park Opens Secure Truck Parking Facility in Phoenix, AZ
Rush Truck Park announces the opening of a high security, short and long term parking facility for trucks, trailers, machinery and storage containers in Phoenix, AZ. With 24/7 access and convenient location in the heart of Phoenix, Rush Truck Park aims to become Arizona's premier truck parking destintation.
In response to the growing demand for secure and accessible truck parking solutions, Rush Truck Park is excited to announce the opening of…
Hydrogen Fuel Cell Truck Market By Truck Type (Light Duty Truck, Medium Duty Tru …
Hydrogen Fuel Cell Truck Market Size
By truck type, the heavy duty truck segment was the highest revenue contributor to the market, and is estimated to reach $1,763.4 million by 2032, with a CAGR of 32.9%.
Get Free Sample: https://reports.valuates.com/request/sample/ALLI-Auto-0H932/Hydrogen_Fuel_Cell_Truck_Market_By_Truck_Type_Light_Duty_Truck_Medium_Duty_Truck_Heavy_Duty_Truck_By_Range_Below_400_Km_Above_400_km_By_Power_Output_Below_150_KW_151_250_KW_Above_250_KW_Global_Opportunity_Analysis_and_Industry_Forecast_2023_2032
Hydrogen Fuel Cell Truck Market By Truck Type (Light Duty Truck, Medium Duty Truck, Heavy Duty Truck), By Range (Below 400 Km, Above 400 km), By Power Output (Below 150 KW, 151 -…
Freight Trucking Market : Dry van & box truck, Refrigerated truck, Tanker truck …
The global freight trucking market was valued at $2,732 billion in 2021, and is projected to reach $4,457.4 billion by 2031, growing at a CAGR of 5.1% from 2022 to 2031.
Asia-Pacific is expected to dominate the global freight trucking market in 2021. The growth of the market in Asia-Pacific is majorly attributed to the booming e-commerce industry in emerging economies in the region. High government support for development of logistics…
Freight Trucking Market : Dry van & box truck, Refrigerated truck, Tanker truck …
According to a new report published by Allied Market Research, titled, "Freight Trucking Market," The freight trucking market was valued at $2,732.00 billion in 2021, and is estimated to reach $4,457.4 billion by 2031, growing at a CAGR of 5.1% from 2022 to 2031.
Asia-Pacific is expected to dominate the global freight trucking market in 2021. The growth of the market in Asia-Pacific is majorly attributed to the booming e-commerce industry…
Commercial Truck Leasing Market Report- Applications, Type, Deployment, Organiza …
The Commercial Truck Leasing Market research report presents an intensive and coordinated exploration of the current circumstance, market key elements, Commercial Truck Leasing Market methodologies, and central participants' development in the business. The investigation helps controllers and corporate leaders in developing cost-effective decisions. Commercial Truck Leasing Market provides an evenhanded and extensive assessment of existing examples, factors, obstacles, limits, headway, possibilities/quick development areas that will help partners create business plans…
Semi-Autonomous Truck Truck Market to Witness Robust Expansion by 2025
LP INFORMATION recently released a research report on the Semi-Autonomous Truck Truck market analysis, which studies the Semi-Autonomous Truck Truck's industry coverage, current market competitive status, and market outlook and forecast by 2025.
Global "Semi-Autonomous Truck Truck Market 2020-2025" Research Report categorizes the global Semi-Autonomous Truck Truck market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players…