Press release
On the Road Together : The Truck Platooning Market's Convoy Towards Efficient Transport Forecast, 2018 - 2025
According to the report, the global truck platooning market accounted for $500.9 million in 2017 and is projected to garner $4.59 billion by 2025, registering a CAGR of 32.4% from 2018 to 2025.Global truck platooning market is segmented on the basis of technology, platooning type, communication technology, and geography. Based on technology, the market is divided into adaptive cruise control (ACC), blind spot warning (BSW), global positioning system (GPS), forward collision warning (FCW), lane keep assist (LKA), and others. The adaptive cruise control (ACC) segment held the largest share in 2017, contributing nearly one-fourth of the total market, owing to its advantages including crash avoidance, less driver fatigue, and others. However, the blind spot warning (BSW) segment is projected to register the fastest CAGR of 38.4% during the forecast period, owing to its ability to provide reliable information regarding vehicle's blind spot, safe lane changing, and high level of safety..
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : https://www.alliedmarketresearch.com/request-sample/5245
Truck platooning technology and adoption of autonomous trucks have remarkable advantages such as reduction in fuel consumption, fuel efficiency, and others. Driver assistive truck platooning has been tested with success and might be introduced on roads as early as 2019. For instance, in April 2016, six 2 or 3 truck platoons arrived in Netherlands for the European Truck Platooning Challenge (ETPC). In this extensive test, six platoons successfully drove several 1,000 kilometers on trans-European Road Network, crossing multiple national borders. According to this test, it was clear that truck platooning is possible with two or more trucks from same brand on pubic roads.
According to the research by National Renewable Energy Laboratory affiliated with U.S. Department of Energy, trailing vehicles in the platoon benefits from fuel saving around 9.7%, while the leading vehicle benefits on fuel consumption by consuming 5.3% less fuel due to the resulting vacuum effect. In the coming years, the trucks will be fully autonomous, and the leading truck will also take control of the driving. Driver in the tailing trucks in the platoon will no longer be needed. In addition, development of autonomous technology is accelerating, and the new range of trucks are coming equipped with certain level of automation technology such as micro-video camera, radars and advanced communication technology.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/truck-platooning-market/purchase-options
In platooning, two or more trucks drive closely following each other at possibly high speed. A small distance between the trucks is required to obtain significant reduced fuel consumption through increased aerodynamics and correspondingly reduced air drag. To ensure that the gap is small between the vehicles at high speed, platooning trucks require a certain level of automation. This automation is divided into different levels of automation by the National Highway Traffic Safety Administration (NHTSA) and Society of Automotive Engineers (SAE). As of now, the market is in early stage of partial automation and on the verge of developing to more conditional automated vehicles.
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Based on technology, the adaptive cruise control (ACC) segment generated the highest revenue in 2017.
Based on platooning type, the driver-assistive tuck platooning (DATP) segment was the highest revenue contributor in 2017.
Based on communication technology, vehicle-to-vehicle (V2V) segment generated the highest revenue in 2017.
Based on region, Mexico is anticipated to exhibit the highest CAGR during the forecast period.
According to truck platooning market size analysis, in 2017, North America contributed the highest market revenue, followed by Europe, Asia-Pacific, and LAMEA.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/5245
The key players analyzed in this report are AB Volvo, Bendix Commercial Vehicles Systems LLC, Continental AG, Daimler AG, Delphi Automotive PLC, Meritor Wabco, Navistar International Corporation, OTTO Technologies, Peloton Technology, Scania AB, and others.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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