According to the current analysis of Reports and Data, the global Truck Platooning market was valued at USD 650.71 Million in 2018 and is projected to grow at a CAGR of 31.65% from 2019 to 2026. The increasing government regulations related to the reduction of emissions as well as the rising demand for lowering the fuel consumption are the major factors for the growth of the Truck Platooning market. Another factor that is boosting the growth of the Truck Platooning market is the rising adoption of Internet of Things (IoT). The factor restraining the growth of the market is the high cost of technology. Another factor that will hinder the growth of the market is the quality of the roads need to be good enough.

Major Players evaluated in the Report:

Bendix (U.S.), A B Volvo (Sweden), Continental AG (Germany), Daimler AG (Germany), Aptiv PLC (Ireland), Wabco (France), Navistar, Inc. (U.S.), DAF Trucks (Netherlands), Peloton Technology (U.S.), and Scania AB(Sweden).

The research report is inclusive of the impact analysis of the currently unfolding COVID-19 pandemic. The pandemic has affected the economic scenario of the world and brought about dynamic changes in the demands and trends of key segments of the market. The report covers the current and future impact of COVID-19 on the overall market.

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For the purpose of this report, Reports and Data have segmented the global blood glucose test strips market on the basis of strips type, sales channel, applications, end-users, and region:

Technology (Revenue, USD Million; 2016–2026)

Adaptive Cruise Control
Forward Collision Avoidance & Mitigation
Lane Departure Warning
Active Brake Assist
Blind Spot Warning
Global Positioning System
Autonomous Emergency Braking
Others
Communication Technology (Revenue, USD Million; 2016–2026)

V2V
V2I
Global Positioning System (GPS)
Platooning Type (Revenue, USD Million; 2016–2026)

Driver Assistive Truck Platooning (DATP)
Autonomous Truck Platooning
Services (Revenue, USD Million; 2016–2026)

Telematics based
Platooning based

Market Analysis based on Key Geographical Regions:

The report covers key regions such as North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. The report covers the production, growth, sales, demands, and consumption patterns, and forecast detail.

Key Benefits of the Report:

Clear understanding of the Truck Platooning market and its operations
Industrial chain analysis along with the current and future market trends and opportunities
Current market scenario and forecast estimation up to 2027 to understand the full growth potential of the Truck Platooning industry
In-depth analysis of the factors influencing the growth of the market
Strategic marketing recommendations, key information for market entrants, and expansion plans of other businesses to offer a competitive edge to the reader
Extensive profiling of key competitors along with their business structures, strategies, and business expansion plans.
The report provides a comprehensive analysis of competitive landscape along with detailed analysis of the mergers, acquisitions, joint ventures, partnerships, collaborations, and other strategic alliances. It also provides an extensive analysis of the latest product developments, technological advancement, and advancements research and developments in the global Truck Platooning industry. The study offers forecast estimations up to 2027.

Focal Points of the Report:

Market Coverage:This section of the report gives a detailed account of the key manufacturers, market segments, product scope, product range, forecast period, and application landscape.
Executive Summary:This chapter focuses on the market growth rate, significant market drivers and restraints, current market trends, and competitive outlook.

Regional Analysis: This section delves into the latest import and export trends of the market, production and consumption ratio, the leading market players in each region, and revenue generation.

Manufacturers’ Portfolio: Complete portfolios of all the local and global manufacturers, along with the SWOT analysis, production value and capacity, product catalogue, and other important details of their businesses, constitute this section of the report.
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