Maharashtra, India -- (SBWire) -- 08/24/2018 --Truck Platooning System Market
Summary
Truck platooning is discern 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. A truck platoon is similar to a train's compartment like arrangement but with physical disconnects.
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Major Players in Truck Platooning System market are: Peloton Technology, Volvo Group, Scania, Daimler, Navistar, Toyota, Uber, Bendix Commercial Vehicles Systems, DAF, Continental, IVECO, MAN Truck & Bus.
Major Regions play vital role in Truck Platooning System market are: United States, Europe, China, Japan, South Korea, India, Other Regions.
Research Framework
If truck platoons are permitted to operate exclusively on truck-only highways, it is likely to lead to an integrated business model between the infrastructure service provider and transportation service provider. It may also result in several public-private partnerships for financing the concept of truck platooning.
One of the upcoming trends spurring this market's growth is the emergence of newer businesses as a result of truck platooning. If truck platoons are permitted to operate exclusively on truck-only highways, it is likely to lead to an integrated business model between the infrastructure service provider and transportation service provider. It may also result in several public-private partnerships for financing the concept of truck platooning.
The market for truck platooning is anticipated to pave opportunities for several new businesses including road construction business, transportation and logistics service providers, and ICT providers because of the potential business opportunity arising from connected technology offerings and the need for wireless communication technologies. Furthermore, several taxi platoons or several cars traversing the same route can enter the platoon mode for a more relaxed driving experience and, thus, leverage the benefits that stem from platooning. The advent of new businesses is expected to steer this market's growth over the next four years.
EMEA led the global truck platooning market and accounted for nearly 50% of the market share during 2017. The EU market is a mature automotive market and holds high potential for the truck platooning system market. The region is well placed in terms of smart mobility and developed ICT infrastructure and with the implementation of favorable regulatory mandates, this market is expected to witness promising growth in the region over the forecast period.
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Scope of the Report:
Global Truck Platooning System Market: Type Outlook: Software, Device.
Global Truck Platooning System Market: Application Outlook: Heavy Trucks, Light Trucks.
The report covers exhaustive analysis on:
1.Overview of the parent market
2.Global Truck Platooning System Market Segments, Dynamics, Market Size, Share, Price, Volume, and Cost
3.Historical, current and projected market size in terms of volume and value
4.Supply & Demand Value Chain
5.Global Truck Platooning System Market dynamics, including the current trends/drivers/threats/restraints/challenges
6.Potential and niche segments/regions exhibiting promising growth
7.Market landscape, competition, and leading companies involved
8.Strategies of leading companies and product offerings
9.Technological advancements
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In the end, the report includes a detailed analysis of the leading competitors functioning in this market. In order to calculate the market size, the report considers the sales, value, volume, and exclude new installations, replacement, spares, shipments, aftermarket sales, retrofit, and services market.
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Truck Platooning System Market by Opportunities, Future Roadmap, Manufacturer's Case Studies, Sales Market Comparison and Strategies