Global Truck Platooning System Market 2016-2020

About the Truck Platooning System Market

The truck platooning concept enabled by automated driving technologies has been hailed 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 at high speeds. The platoon is akin to a train’s compartment-like arrangement, but with physical disconnects. As automated driving technology penetrates the passenger cars segment and commercial vehicle segment, truck platooning will be viewed as an essential feature of the self-driven truck. The concept may even get standardized in self-driven trucks.
Technavio’s analysts forecast the global truck platooning system market to grow at a CAGR of 18.09% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global truck platooning system market for 2016-2020.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Truck Platooning System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Daimler
• Peloton Technology
• Scania
• Volvo

Other prominent vendors
• Continental
• Delphi
• Hino
• IVECO
• MAN Truck & Bus
• Meritor Wabco
• Navistar
• PACCAR
• TomTom

Market driver
• Interoperability of truck platooning platforms integrating connected technologies
• For a full, detailed list, view our report

Market challenge
• Undefined safety parameters
• For a full, detailed list, view our report

Market trend
• Anticipated changes in the platoon business models
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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