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The truck platooning system market is forecasted to grow by USD 760.36 million during 2022-2027, accelerating at a CAGR of 57.74% during the forecast period. The report on the truck platooning system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in demand to reduce operating cost and fuel consumption by fleet, growing sales of commercial vehicles, and stringent environmental regulations and rising demand for road safety.
The truck platooning system market is segmented as below:
By Component
- Hardware
- Software
- Services
By Vehicle Type
- HCV
- LCV
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the truck platooning system market covers the following areas:
- Truck platooning system market sizing
- Truck platooning system market forecast
- Truck platooning system market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by Vehicle Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global truck platooning system market: AB Volvo, Aptiv Plc, Continental AG, Daimler Truck AG, Goldstone Technologies Ltd., Iveco SpA, PACCAR Inc., Peloton Technology Inc., Robert Bosch GmbH, Toyota Tsusho Corp., Traton SE, and ZF Friedrichshafen AG.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increase in adoption of self-driving trucks.'
According to the report, one of the major drivers for this market is the increase in demand to reduce operating cost and fuel consumption by fleet.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB Volvo
- Aptiv Plc
- Continental AG
- Daimler Truck AG
- Goldstone Technologies Ltd.
- Iveco SpA
- PACCAR Inc.
- Peloton Technology Inc.
- Robert Bosch GmbH
- Toyota Tsusho Corp.
- Traton SE
- ZF Friedrichshafen AG
