Truck Platooning Market Size, Opportunities, Trends, Growth Factors, Revenue Analysis, For 2020–2028

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The Global Truck Platooning market was valued at USD 1,165.6 Million in 2020 and is projected to grow at a double-digit CAGR of 30.10% from 2020 to 2028.

The latest industry analysis report published by Reports and Data offers deep, actionable insights into the Truck Platooning industry and its leading segments. The report serves as a paradigmatic representation of the global Truck Platooning market, and it elaborates on the core structure of the market.  Advanced analytical tools used by our team of market experts include Porter’s Five Forces Analysis, SWOT analysis, investment return analysis, and feasibility analysis. The report highlights some major factors that influence the revenue growth of this market, such as market share, revenue growth drivers, restraints, potential challenges threats, emerging opportunities trends, revenue growth rate, industry statistics, and technological breakthroughs. It further throws light on factors such as production consumption patterns, demand supply graphs, import/export analysis, shifting consumer tastes and preferences, and a multitude of macro-economic and micro-economic factors. One of the key objectives of the report is to draw readers’ attention to the highly competitive scenario of the Truck Platooning business landscape. It also discusses the strategic business initiatives undertaken by the industry players, such as mergers acquisitions, partnerships collaborations, new product launches, joint ventures, and government corporate deals. According to the market intelligence report, the global Truck Platooning Market size is expected to reach USD XX Billion in 2028, registering a steady revenue CAGR of XX% during the forecast period.

Revenue growth of the global ICT (Information and Communications Technology) industry is primarily attributed to factors such as fast-paced urbanization, rapid digitization across the healthcare, banking finance, automotive, education, agriculture, and food beverage industries, and increasing penetration of smart communication devices such as smart phones and tablets. Growing availability and affordability of the Internet, rapid adoption of advanced Wi-Fi systems, introduction of faster Internet services, emergence of the 5G technology, and emerging industrial applications of state-of-the-art technologies such as AI, machine learning, big data analytics, Internet of Things (IoT), cloud computing, and blockchain are among the other important factors creating revenue growth opportunities for the global ICT industry.

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Global Truck Platooning Market – Table of Contents:

  1. Market Definition and Scope
  2. Executive Summary
  3. Research Methodology
  4. Market Dynamics
  5. Regional Analysis
  6. Product Segmentation
  7. Application Spectrum
  8. End-use Landscape
  9. Competitive Landscape
  10. Appendix

 

Regional Segmentation of the Global Truck Platooning Market:

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • Russia
    • K.
    • Germany
    • France
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East Africa
    • Saudi Arabia
    • A.E.
    • Israel
    • Rest of Middle East Africa

Global Truck Platooning Market Segmentation:

Technology (Revenue, USD Million; 2018–2028)

  • Adaptive Cruise Control
  • Forward Collision Avoidance Mitigation
  • Lane Departure Warning
  • Active Brake Assist
  • Blind Spot Warning
  • Global Positioning System
  • Autonomous Emergency Braking
  • Others

Communication Technology (Revenue, USD Million; 2018–2028)

  • V2V
  • V2I
  • Global Positioning System (GPS)

Platooning Type (Revenue, USD Million; 2018–2028)

  • Driver Assistive Truck Platooning (DATP)
  • Autonomous Truck Platooning

Services (Revenue, USD Million; 2018–2028)

  • Telematics based
  • Platooning based

 

Top Companies Operating in the Global Truck Platooning Market:

Bendix (U.S.), A B Volvo (Sweden), Continental AG (Germany), Daimler AG (Germany), Aptiv PLC (Ireland), Wabco (France), Navistar, Inc. (U.S.), DAF Trucks (Netherlands), Peloton Technology (U.S.), and Scania AB(Sweden).

Major Points Covered in This Section:

  • Detailed overview of each market player’s company profile and product service portfolios
  • Revenue share contribution by each market player
  • Industrial chain analysis of each market player
  • Sales network, distribution channels, and net profits losses incurred by each company
  • Latest developments and key business growth strategies undertaken by each of these market players

 

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