The Truck Platooning Market is expected to record a CAGR of over 41% over the forecast period (2021-2027).
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.
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A full report of Truck Platooning Market available at: https://www.orionmarketreports.com/truck-platooning-market/38821/
Key players including AB Volvo, Bendix Commercial Vehicles Systems LLC, Continental AG, Daimler AG, Delphi Automotive PLC, Meritor Wabco, Navistar International Corporation, OTTO Technologies, PelotonTechnology, Scania AB, and others holds major truck platooning market share.
Truck Platooning Market Segments:
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)
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
