Truck Platooning Market 2019 Global Analysis, Size, Growth, Share, Merger, Industry Trends, Competitive Landscape, Revenue, And Regional Forecast To 2023
According to Truck Platooning Market 2019 Global Industry Analysis To 2023, report on “Global Truck Platooning Industry” published by Market Research Future, The Global Truck Platooning market expected to rise at a CAGR of 11% by 2023.
Pune, India – June 12, 2019 /MarketersMedia/ —
Truck Platooning Market 2019 Global Industry Analysis To 2023, report on “Global Truck Platooning Industry” published by Market Research Future. Global Truck Platooning Market Information by Component (Forward Looking Camera, System Display with Rear Time Camera, RADAR Base Collision Mitigation), Technology (Acceleration & Braking Controller, DSRS V2V Communication), Region – Forecast till 2023.
Major Truck Platooning Companies covered in the market report include AB Volvo (Sweden), Daimler AG (Germany), Scania AB (Sweden), Meritor Wabco (Auburn Hills), Peloton Technology (US), Navistar International Corporation (US), Bendix Commercial Vehicles Systems LLC (Ohio), Delphi Automotive PLC (Dublin), Continental AG (Germany), OTTO Technologies (San Francisco), and others.
Free Sample “Truck Platooning Market Research Report – Global Forecast till 2023” report at: https://www.marketresearchfuture.com/sample_request/6278
Global Market Highlights:
Global Truck Platooning market has seen remarkable growth; expected to rise at a CAGR of 11%. Environmental Regulations Are Expected to Transform Truck Platooning Market Scenario.
Factors to impact the truck platooning market are increased fuel efficiency, better support for automated & smart vehicles, less carbon discharge, stringent environmental regulations, better logistics & transportation facilities, enhanced information technology, hike in commercial vehicles sale, and others. The truck platooning market to score big in Europe owing to its better compliance with safety and environment-friendly laws. However, the natural growth can be daunted by regulatory frameworks and road infrastructure during the forecast period.
Platooning is a technology that, by using automated technology, sets two or more trucks closely to reduce air drags and increase fuel efficiency. This helps in maintaining brake, acceleration, and steering of all these trucks aligned together for a better functional result. The global truck platooning market is expected to record 11% CAGR during the forecast period (2018-2023). Market Research Future (MRFR) in their report banked on factors and segmentation for a better understanding of the forecast period.
Segmentation:
The global truck platooning market, as profiled by MRFR for an in-depth analysis, has segments like component, technology, and vehicle type. It is further backed up by the data gathered by considering revenue generated by each segment.
Based on the components, the truck platooning market comprises forward looking camera, system display with rear time camera, driver-centric design, and radar-based collision mitigation. Latest technologies are giving traction to the radar-based collision mitigation segment.
Based on the technology, the truck platooning market includes GPS, cellular & Wi-Fi communication, acceleration & braking controller, and dedicated short range communication V2V communication. The GPS segment is gaining substantial mileage owing to its ability to provide real-time updates about the vehicle’s position.
Based on the vehicle type, the truck platooning market comprises light commercial vehicle, and heavy commercial vehicle.
Regional Analysis:
The global truck platooning market has been segmented on a region-specific level by MRFR in their latest report on the same. North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW) are four regions that have been integrated into the report. This analysis has its roots in the desire to unveil various possibilities and prospects on a demographic scale to take the market forward.
Europe is expected to lead the global market as the regional dependency on truck platooning has grown substantially. The region backs environment-friendly possibilities to a great level which is why the industry is gaining traction. At the same time, smart mobility and automated driving system in the UK, Germany, and France are expected to take the regional market ahead. The market is gaining strong tailwind from the rising demand for commercial vehicles in the region. Safety and efficiency are also expected to back up the growth notably.
In the APAC, developing economies are revamping infrastructure which results in increasing road development, better road transport facilities, and enhanced information technology. Taking its benefits along, the regional truck platooning market can grow remarkably during the forecast period.
Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
5 Global Truck Platooning Market, By Component
5.1 Introduction
5.2 Forward Looking Camera
5.2.1 Market Estimates & Forecast, 2018–2023
5.2.2 Market Estimates & Forecast By Region, 2018–2023
5.3 System Display With Rear Time Camera
5.3.1 Market Estimates & Forecast, 2018–2023
5.3.2 Market Estimates & Forecast By Region, 2018–2023
5.4 Driver-Centric Design
5.4.1 Market Estimates & Forecast, 2018–2023
5.4.2 Market Estimates & Forecast By Region, 2018–2023
5.5 RADAR Base Collision Mitigation
5.5.1 Market Estimates & Forecast, 2018–2023
5.5.2 Market Estimates & Forecast By Region, 2018–2023
Continued…
List of Tables:
Table 1 Global Truck Platooning Market: By Region, 2018–2023
Table 2 North America Truck Platooning Market: By Country, 2018–2023
Table 3 Europe Truck Platooning Market: By Country, 2018–2023
Table 4 Asia-Pacific Truck Platooning Market: By Country, 2018–2023
Table 5 RoW Truck Platooning Market: By Country, 2018–2023
Continued…
List of Figures:
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top Down & Bottom Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
Continued…
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