Truck Platooning Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Truck Platooning Market is to record a CAGR of over 41% over the forecast period (2022-2028). Factors such as rising government regulations on emissions in the transport sector and declining fuel consumption are driving the truck cluster market growth. In addition, the truck fleet market is experiencing growth due to government support rules for military enforcement. However, the high cost of clustering technology and increasing security and privacy concerns are factors that are expected to hinder the growth of the truck clustering market. In addition, the production of fully autonomous trucks for platooning and the expansion of the size of the fleet of trucks are expected to provide incredible growth opportunities for players operating in the fleet of trucks. In order to avoid dangerous situations and increase transportation efficiency, the global truck cluster market trend is expected to increase as the demand for automation in the transportation industry increases.

Company Profile

• AB Volvo
• Bendix Commercial Vehicles Systems LLC
• Continental AG
• Daimler AG
• Delphi Automotive PLC
• Meritor Wabco
• Navistar International Corporation
• OTTO Technologies

Market Segmentation

By Technology

• Adaptive Cruise Control (ACC)
• Blind Spot Warning (BSW)
• Global Positioning System (GPS)
• Forward Collision Warning (FCW)
• Lane Keep Assist (LKA)
• Others

By Platooning Type

• Driver-assistive Tuck Platooning (DATP)
• Autonomous Truck Platooning

By Platooning Type

• Vehicle-to-infrastructure (V2I)
• Vehicle-to-vehicle (V2V)
• Vehicle-to-everything (V2X)

Scope of the Report

The research study analyzes the Global Truck Platooning Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Global Truck Platooning Market Report

1. What was the Global Truck Platooning Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Global Truck Platooning Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Global Truck Platooning Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Key Benefits of Buying the Global Truck Platooning Market Report:

• Comprehensive analysis of the changing competitive landscape.
• Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
• The report offers an 8-year forecast and assessment of the Global Truck Platooning
• Helps in understanding the key product segments and their estimated growth rate.
• In-depth analysis of market drivers, restraints, trends, and opportunities.
• Comprehensive regional analysis of the Global Truck Platooning
• Extensive profiling of the key stakeholders of the business sphere.
• Detailed analysis of the factors influencing the growth of the Global Truck Platooning Market.