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Truck Platooning Systems Market - Growth, Trends And Forecast (2021 - 2026) By Types, By Application, By Regions and By Key Players: Peloton Technology, Volvo, Scania, Daimler

08 Jan, 2020 | 115 Pages
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Truck Platooning Systems market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2021, from US$ 1778.8 million in 2020. Over the next five years the Truck Platooning Systems market will register a 27.2% CAGR in terms of revenue, the global market size will reach US$ 4653.5 million by 2026. Truck platooning is the linking of two or more trucks in convoy, using connectivity technology and automated driving support systems. These vehicles automatically maintain a set, close distance between each other when they are connected for certain parts of a journey, for instance on motorways. The truck at the head of the platoon acts as the leader, with the vehicles behind reacting and adapting to changes in its movement requiring little to no action from drivers. In the first instance, drivers will remain in control at all times, so they can also decide to leave the platoon and drive independently.


Truck Platooning Systems Market Overview


Truck platooning will be possible only if many parties join forces. Numerous different issues are involved: reliably automated vehicles, the technology to enable trucks to communicate with each other and with the infrastructure, legislation, human behaviour, public acceptance, liability and insurance.


In 2020, Level 2 and 3 platooning is expected to enter the market. Every new truck being produced is mandated to have advanced safety systems (sensors, cameras, electronic controls, and stability) installed, thus enabling proliferation of autonomous driving technologies.


The United States and Japan is expected to lead the truck platooning market followed by Europe. Asian countries such as China are also expected to enter the market. The European 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


The report also assesses the key opportunities in the Truck Platooning Systems market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Truck Platooning Systems Market has also been forecasted for the period 2021-2026, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.


Who are the Major Players in Truck Platooning Systems Market?


Top Key players in the Truck Platooning Systems Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Truck Platooning Systems Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Peloton Technology, Volvo, Scania, Daimler, Navistar, Toyota, Uber, Bendix Commercial Vehicles Systems, DAF, Continental AG, IVECO, MAN Truck & Bus and others.


Global Truck Platooning Systems Market research provides a detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.


What are the major Applications, Types and Regions for Truck Platooning Systems Market?


Truck Platooning Systems Market is segmented based on the type, applications, companies and regions.


By Type, Truck Platooning Systems Market has been segmented into 


Software


Device


The end user’s industry application on Truck Platooning Systems Market is, 


Heavy Trucks


Light Trucks


The report offers in-depth assessment of the growth and other aspects of the Truck Platooning Systems Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.


Truck Platooning Systems Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Truck Platooning Systems Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.


What is our Truck Platooning Systems Market report scope?


The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2021-2026. The report presents the analysis of Truck Platooning Systems Market for the historical period of 2017-2021 and the forecast period of 2021-2026.


The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.


Key Takeaways from this Truck Platooning Systems Report



  • Evaluate Truck Platooning Systems market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.

  • Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Truck Platooning Systems market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.


All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.


 


  1. Truck Platooning Systems Introduction and Market Overview

    1. Objectives of the Study

    2. Overview of Truck Platooning Systems

    3. Scope of The Study

      1. Key Market Segments

      2. Players Covered

      3. COVID-19's impact on the Truck Platooning Systems industry



    4. Methodology of The Study

    5. Research Data Source



  2. Executive Summary

    1. Market Overview

      1. Global Truck Platooning Systems Market Size, 2016 to 2021

      2. Global Truck Platooning Systems Market Size by Type, 2016 to 2021

      3. Global Truck Platooning Systems Market Size by Application, 2016 to 2021

      4. Global Truck Platooning Systems Market Size by Region, 2016 to 2021



    2. Business Environment Analysis

      1. Global COVID-19 Status and Economic Overview

      2. Influence of COVID-19 Outbreak on Truck Platooning Systems Industry Development





  3. Industry Chain Analysis

    1. Upstream Raw Material Suppliers of Truck Platooning Systems Analysis

    2. Major Players of Truck Platooning Systems

    3. Truck Platooning Systems Manufacturing Cost Structure Analysis

      1. Production Process Analysis

      2. Manufacturing Cost Structure of Truck Platooning Systems

      3. Labor Cost of Truck Platooning Systems



    4. Market Distributors of Truck Platooning Systems

    5. Major Downstream Buyers of Truck Platooning Systems Analysis

    6. The Impact of Covid-19 From the Perspective of Industry Chain

    7. Regional Import and Export Controls Will Exist for a Long Time

    8. Continued downward PMI Spreads Globally



  4. Global Truck Platooning Systems Market, by Type

    1. Global Truck Platooning Systems Value and Market Share by Type (2016 - 2021)

    2. Global Truck Platooning Systems Production and Market Share by Type (2016 - 2021)

    3. Global Truck Platooning Systems Value and Growth Rate by Type (2016 - 2021)
      1. Global Truck Platooning Systems Value and Growth Rate of Software

      2. Global Truck Platooning Systems Value and Growth Rate of Device

      3. Global Truck Platooning Systems Value and Growth Rate of Other



    4. Global Truck Platooning Systems Price Analysis by Type (2016 - 2021)



  5. Truck Platooning Systems Market, by Application

    1. Downstream Market Overview

    2. Global Truck Platooning Systems Consumption and Market Share by Application
      (2016 - 2021)

    3. Global Truck Platooning Systems Consumption and Growth Rate by Application
      (2016 - 2021)
      1. Heavy Trucks Global Truck Platooning Systems Consumption and Growth Rate (2016-2021)
      2. Light Trucks Global Truck Platooning Systems Consumption and Growth Rate (2016-2021)




  6. Global Truck Platooning Systems Market Analysis by Regions

    1. Global Truck Platooning Systems Sales, Revenue and Market Share by Regions

      1. Global Truck Platooning Systems Sales by Regions (2016 - 2021)

      2. Global Truck Platooning Systems Revenue by Regions (2016 - 2021)



    2. North America Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    3. Europe Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    4. Asia-Pacific Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    5. Middle East and Africa Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    6. South America Truck Platooning Systems Sales and Growth Rate (2016 - 2021)



  7. North America Truck Platooning Systems Market Analysis by Countries

    1. The Influence of COVID-19 on North America Market

    2. North America Truck Platooning Systems Sales, Revenue and Market Share by Countries

      1. North America Truck Platooning Systems Sales by Countries (2016 - 2021)

      2. North America Truck Platooning Systems Revenue by Countries (2016 - 2021



    3. United States Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    4. Canada Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    5. Mexico Truck Platooning Systems Sales and Growth Rate (2016 - 2021)



  8. Europe Truck Platooning Systems Market Analysis by Countries

    1. The Influence of COVID-19 on Europe Market

    2. Europe Truck Platooning Systems Sales, Revenue and Market Share by Countries

      1. Europe Truck Platooning Systems Sales by Countries (2016 - 2021)

      2. Europe Truck Platooning Systems Revenue by Countries (2016 - 2021)



    3. Germany Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    4. UK Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    5. France Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    6. Italy Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    7. Spain Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    8. Russia Truck Platooning Systems Sales and Growth Rate (2016 - 2021)



  9. Asia Pacific Truck Platooning Systems Market Analysis by Countries

    1. The Influence of COVID-19 on Asia Pacific Market

    2. Asia Pacific Truck Platooning Systems Sales, Revenue and Market Share by Countries

      1. Asia Pacific Truck Platooning Systems Sales by Countries (2016 - 2021)

      2. Asia Pacific Truck Platooning Systems Revenue by Countries (2016 - 2021)



    3. China Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    4. Japan Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    5. South Korea Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    6. India Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    7. Southeast Asia Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    8. Australia Truck Platooning Systems Sales and Growth Rate (2016 - 2021)



  10. Middle East and Africa Truck Platooning Systems Market Analysis by Countries

    1. The Influence of COVID-19 on Middle East and Africa Market

    2. Middle East and Africa Truck Platooning Systems Sales, Revenue and Market Share by
      Countries

      1. Middle East and Africa Truck Platooning Systems Sales by Countries
        (2016 - 2021)

      2. Middle East and Africa Truck Platooning Systems Revenue by Countries
        (2016 - 2021)

      Application_List

    3. Saudi Arabia Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    4. UAE Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    5. Egypt Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    6. Nigeria Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    7. South Africa Truck Platooning Systems Sales and Growth Rate (2016 - 2021)



  11. South America Truck Platooning Systems Market Analysis by Countries

    1. The Influence of COVID-19 on Middle East and Africa Market

    2. South America Truck Platooning Systems Sales, Revenue and Market Share by Countries

      1. South America Truck Platooning Systems Sales by Countries (2016 - 2021)

      2. South America Truck Platooning Systems Revenue by Countries (2016 - 2021)



    3. Brazil Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    4. Argentina Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    5. Columbia Truck Platooning Systems Sales and Growth Rate (2016 - 2021)

    6. Chile Truck Platooning Systems Sales and Growth Rate (2016 - 2021)



  12. Competitive Landscape
    1. Peloton Technology

      1. Peloton Technology Basic Information

      2. Truck Platooning Systems Product Introduction

      3. Peloton Technology Production, Value, Price, Gross Margin 2016 - 2021



    2. Volvo

      1. Volvo Basic Information

      2. Truck Platooning Systems Product Introduction

      3. Volvo Production, Value, Price, Gross Margin 2016 - 2021



    3. Scania

      1. Scania Basic Information

      2. Truck Platooning Systems Product Introduction

      3. Scania Production, Value, Price, Gross Margin 2016 - 2021



    4. Daimler

      1. Daimler Basic Information

      2. Truck Platooning Systems Product Introduction

      3. Daimler Production, Value, Price, Gross Margin 2016 - 2021



    5. Navistar

      1. Navistar Basic Information

      2. Truck Platooning Systems Product Introduction

      3. Navistar Production, Value, Price, Gross Margin 2016 - 2021



    6. Toyota

      1. Toyota Basic Information

      2. Truck Platooning Systems Product Introduction

      3. Toyota Production, Value, Price, Gross Margin 2016 - 2021



    7. Uber

      1. Uber Basic Information

      2. Truck Platooning Systems Product Introduction

      3. Uber Production, Value, Price, Gross Margin 2016 - 2021



    8. Bendix Commercial Vehicles Systems

      1. Bendix Commercial Vehicles Systems Basic Information

      2. Truck Platooning Systems Product Introduction

      3. Bendix Commercial Vehicles Systems Production, Value, Price, Gross Margin 2016 - 2021



    9. DAF

      1. DAF Basic Information

      2. Truck Platooning Systems Product Introduction

      3. DAF Production, Value, Price, Gross Margin 2016 - 2021



    10. Continental AG

      1. Continental AG Basic Information

      2. Truck Platooning Systems Product Introduction

      3. Continental AG Production, Value, Price, Gross Margin 2016 - 2021



    11. IVECO

      1. IVECO Basic Information

      2. Truck Platooning Systems Product Introduction

      3. IVECO Production, Value, Price, Gross Margin 2016 - 2021



    12. MAN Truck & Bus

      1. MAN Truck & Bus Basic Information

      2. Truck Platooning Systems Product Introduction

      3. MAN Truck & Bus Production, Value, Price, Gross Margin 2016 - 2021





  13. Industry Outlook

    1. Market Driver Analysis

      1. Market Restraints Analysis

      2. Market Trends Analysis



    2. Merger, Acquisition and New Investment

    3. News of Product Release



  14. Global Truck Platooning Systems Market Forecast

    1. Global Truck Platooning Systems Market Value & Volume Forecast, by Type (2021 - 2025)
      1. Global Truck Platooning Systems Value and Growth Rate of Software

      2. Global Truck Platooning Systems Value and Growth Rate of Device



    2. Global Truck Platooning Systems Market Value & Volume Forecast, by Application (2021 - 2025)
      1. Heavy Trucks Global Truck Platooning Systems Consumption and Growth Rate (2021-2025)
      2. Light Trucks Global Truck Platooning Systems Consumption and Growth Rate (2021-2025)


    3. Truck Platooning Systems Market Analysis and Forecast by Region

      1. North America Market Value and Consumption Forecast (2021 - 2025)

      2. Asia Pacific Market Value and Consumption Forecast (2021 - 2025)

      3. Middle East and Africa Market Value and Consumption Forecast (2021 - 2025)

      4. South America Market Value and Consumption Forecast (2021 - 2025)





  15. New Project Feasibility Analysis

    1. Industry Barriers and New Entrants SWOT Analysis

      1. Porter's Five Forces Analysis

      2. New Entrants SWOT Analysis



    2. Analysis and Suggestions on New Project Investment



SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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