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.
For purchase inquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/5245
On the basis of platooning type, the market is bifurcated into driver-assistive tuck platooning (DATP) and autonomous truck platooning. The DATP segment held the largest share of the total market and is expected to continue its dominance throughout the forecast period. However, the autonomous truck platooning segment is projected to register the fastest CAGR of 46.6% through 2025, owing to continuous developments carried out by the leading truck manufacturers to produce trucks with autonomous technology.
Based on communication technology, the market is divided into vehicle-to-infrastructure (V2I), vehicle-to-vehicle (V2V), and vehicle-to-everything (V2X). The report analyzes the market across various regions such as North America, Asia-Pacific, Europe, and LAMEA. The market across the North America region held the largest share, contributing nearly half of the total share in 2017. However, the market across the LAMEA region is projected to manifest the fastest CAGR of 36% during the forecast period.
To Explore More, Download Sample Report: https://www.alliedmarketresearch.com/request-sample/5245
Read More Reports –
Global truck platooning market report includes an in-depth analysis of the major market players such as Continental AG, AB Volvo, Delphi Automotive PLC, Bendix Commercial Vehicles Systems LLC, Navistar International Corporation, Daimler AG, Peloton Technology, Meritor Wabco, Scania AB, OTTO Technologies, and others.
Automotive Tire Market by Season Type (Summer, Winter, and All Season), Vehicle Type (Passenger Car, Commercial Vehicle, and Electric Vehicle), Rim Size (Less than 15 Inch, 15 to 20 Inch, and More than 20 Inch), and Distribution Channel (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2020–2030.
Scooter Tire Market by Season Tire Type (Summer, Winter , and All Season), by Rim Size (Below 12”, 12” to 15”, and Above 15”), and Distribution Channel (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2020–2030.
About Us:
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.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com