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Platooning on Highways Market to See Huge Growth by 2030: Volvo Group, Scania, Toyota

04-22-2024 11:30 AM CET | Logistics & Transport

Press release from: AMA Research & Media LLP

Platooning on Highways Market

Platooning on Highways Market

Advance Market Analytics published a new research publication on "Platooning on Highways Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Platooning on Highways market was mainly driven by the increasing R&D spending across the world.

Get Free Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/48977-global-platooning-on-highways-market?utm_source=OpenPR&utm_medium=tanuja

The Platooning on Highways Market report covers extensive analysis of the key market players, along with their business overview, expansion plans, and strategies. The key players studied in the report include: Daimler (Germany), Volkswagen (Germany), NVIDIA (United States), Peloton Technology (United States), Volvo Group (Sweden), Scania (Sweden), Toyota (Japan), Bendix Commercial Vehicles Systems (United States), DAF Truck (Netherlands), Continental AG (Germany), IVECO (Italy), MAN Truck & Bus (Germany)

Definition:
The term vehicle platooning uses radar and vehicle-vehicle communications to form and sustain a close-headway formation between two or more in-lane vehicles. It guides the vehicles both longitudinally and laterally at highway speeds, implying at least Level 2 automation. Each vehicle interconnects with the other vehicles in the platoon. Image sensors can identify a vehicle's surrounding environment and deliver detailed information. Currently, both 2D and 3D image sensors are used in platooning. The number of image sensors used in truck platooning depends on the level of self-sufficiency and the number of trucks involved in the platoon.

The following fragment talks about the Platooning on Highways market types, applications, End-Users, Deployment model etc. A thorough analysis of Platooning on Highways Market Segmentation: by Application (Commercial Vehicles, Passenger Car (Heavy Trucks, Light Trucks), Others), Components (Hardware, Service)

Platooning on Highways Market Drivers:
• Interoperability of Truck Platooning Method and Platforms Integrating Connected Technologies
• Rising Adoption of Advanced Driver Assistance System (ADAS) Features and Significant Platooning System

Platooning on Highways Market Trends:
• Advancement in Technology and Stringent Vehicle Norms in Emerging Economies

Platooning on Highways Market Growth Opportunities:
• Reducing CO2 Emission and Reduction in Fuel Consumption
• Anticipated Changes in the Truck Platoon Business Models

As the Platooning on Highways market is becoming increasingly competitive, it has become imperative for businesses to keep a constant watch on their competitor strategies and other changing trends in the Platooning on Highways market. Scope of Platooning on Highways market intelligence has proliferated to include comprehensive analysis and analytics that can help revamp business models and projections to suit current business requirements.

We help our customers settle on more intelligent choices to accomplish quick business development. Our strength lies in the unbeaten diversity of our global market research teams, innovative research methodologies, and unique perspective that merge seamlessly to offer customized solutions for your every business requirement.

Have Any Questions Regarding Global Platooning on Highways Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/48977-global-platooning-on-highways-market?utm_source=OpenPR&utm_medium=tanuja

Strategic Points Covered in Table of Content of Global Platooning on Highways Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Platooning on Highways market
Chapter 2: Exclusive Summary and the basic information of the Platooning on Highways Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Platooning on Highways
Chapter 4: Presenting the Platooning on Highways Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2018-2023
Chapter 6: Evaluating the leading manufacturers of the Platooning on Highways market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2030)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Platooning on Highways Market is a valuable source of guidance for individuals and companies.

Read Detailed Index of full Research Study at @ https://www.advancemarketanalytics.com/reports/48977-global-platooning-on-highways-market?utm_source=OpenPR&utm_medium=tanuja

What benefits does AMA research study is going to provide?
• Latest industry influencing trends and development scenario
• Open up New Markets
• To Seize powerful market opportunities
• Key decision in planning and to further expand market share
• Identify Key Business Segments, Market proposition & Gap Analysis
• Assisting in allocating marketing investments

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

Contact Us:
Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA - 08837
Phone: +1(201) 7937323, +1(201) 7937193
sales@advancemarketanalytics.com

Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.

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The Truck Platooning Market is projected to grow to USD 2,728.7 million by 2030 from USD 37.6 million in 2021, at a CAGR of 60.96% during the forecast period. Reduction in operating cost, driver shortage, and developments in V2X technologies are the key factors driving the market for truck platooning. Additionally, the growing environmental concerns, efforts to increase fuel efficiency, stringent government regulations for emission, and increasing concerns of traffic
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Truck platooning is discern as the future of the transportation industry. In a truck platoon, multiple trucks travel at an aerodynamically efficient distance and drive cooperatively by maintaining the distance. A truck platoon is similar to a train’s compartment like arrangement but with physical disconnects. If truck platoons are permitted to operate exclusively on truck-only highways, it is likely to lead to an integrated business model between the infrastructure service
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Truck platooning is discern as the future of the transportation industry. In a truck platoon, multiple trucks travel at an aerodynamically efficient distance and drive cooperatively by maintaining the distance. A truck platoon is similar to a train’s compartment like arrangement but with physical disconnects. If truck platoons are permitted to operate exclusively on truck-only highways, it is likely to lead to an integrated business model between the infrastructure service
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Truck platooning is discern as the future of the transportation industry. In a truck platoon, multiple trucks travel at an aerodynamically efficient distance and drive cooperatively by maintaining the distance. A truck platoon is similar to a train’s compartment like arrangement but with physical disconnects. If truck platoons are permitted to operate exclusively on truck-only highways, it is likely to lead to an integrated business model between the infrastructure service