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Why Platooning on Highways Market Fastest Growth Segment Should Surprise Us?

Platooning on Highways Market to Develop New Growth Story: Emerging Segments is the Key


Worldwide Platooning on Highways Market In-depth Research Report 2024, Forecast to 2029 is latest research study released by AMA evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Worldwide Platooning on Highways Market. Some of the key players profiled in the study are Daimler (Germany), Volkswagen (Germany), NVIDIA (United States), Peloton Technology (United States), Volvo Group (Sweden), Scania (Sweden), Toyota (Japan), Bendix Commercial Vehicles Systems (United States), DAF Truck (Netherlands), Continental AG (Germany), IVECO (Italy), MAN Truck & Bus (Germany).

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The term vehicle platooning uses radar and vehicle-vehicle communications to form and sustain a close-headway formation between two or more in-lane vehicles. It guides the vehicles both longitudinally and laterally at highway speeds, implying at least Level 2 automation. Each vehicle interconnects with the other vehicles in the platoon. Image sensors can identify a vehicle's surrounding environment and deliver detailed information. Currently, both 2D and 3D image sensors are used in platooning. The number of image sensors used in truck platooning depends on the level of self-sufficiency and the number of trucks involved in the platoon.

Influencing Market Trend
- Advancement in Technology and Stringent Vehicle Norms in Emerging Economies

Market Drivers
- Interoperability of Truck Platooning Method and Platforms Integrating Connected Technologies
- Rising Adoption of Advanced Driver Assistance System (ADAS) Features and Significant Platooning System

- Reducing CO2 Emission and Reduction in Fuel Consumption
- Anticipated Changes in the Truck Platoon Business Models

- Concerns over Data Privacy and Cybersecurity Regulations

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Highlighted of Global Platooning on Highways Market Segments and Sub-Segment:

Market by Key Players: Daimler (Germany), Volkswagen (Germany), NVIDIA (United States), Peloton Technology (United States), Volvo Group (Sweden), Scania (Sweden), Toyota (Japan), Bendix Commercial Vehicles Systems (United States), DAF Truck (Netherlands), Continental AG (Germany), IVECO (Italy), MAN Truck & Bus (Germany)

Market by: by Application (Commercial Vehicles, Passenger Car (Heavy Trucks, Light Trucks), Others), Components (Hardware, Service)

Regional Analysis for Worldwide Platooning on Highways Market:
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)

The study is a source of reliable data on: Market segments and sub-segments, Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological innovations Value chain and investor analysis.

Key Growths in the Market: This section of the report incorporates the essential enhancements of the marker that contains assertions, coordinated efforts, R&D, new item dispatch, joint ventures, and associations of leading participants working in the market.

Key Points in the Market: The key features of this Platooning on Highways market report includes production, production rate, revenue, price, cost, market share, capacity, capacity utilization rate, import/export, supply/demand, and gross margin. Key market dynamics plus market segments and sub-segments are covered.

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There are 15 Chapters to display the Worldwide Platooning on Highways Market
Chapter 1, Overview to describe Definition, Specifications and Classification of Worldwide Platooning on Highways market, Applications, Market Segment by Types;
Chapter 2, objective of the study.
Chapter 3, Research methodology, measures, assumptions and analytical tools
Chapter 4 and 5, Worldwide Platooning on Highways Market Trend Analysis, Drivers, Challenges by consumer behaviour, Marketing Channels, Value Chain Analysis
Chapter 6 and 7, to show the Worldwide Platooning on Highways Market Analysis, segmentation analysis, characteristics;
Chapter 8 and 9, to show Five forces (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 10, to identify major decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, about competition landscape (classification and Market Ranking)
Chapter 13, deals with Worldwide Platooning on Highways Market sales channel, research findings and conclusion, appendix and data source.

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