The report forecasts the global truck platooning system market to grow at a CAGR of 18.09% during the period 2016-2020.
A trend which is expected to boost market growth is changes in the platoon business models. Currently, truck drivers or fleet operators join or run their truck in a platoon by booking a platoon slot. This happens with a limited number of trucks because a platoon of two trucks is very common and can be extended to a few more trucks. The truck platooning business enterprise provides the time and venue details of the platoon and thereby the platoon slot is booked.
According to the report, a key growth driver is the interoperability of truck platooning platforms which use integrated and connected technologies. The fact that almost all truck OEMs are showcasing their capabilities in truck platooning and are enabling their trucks with these systems is a significant driver in this market. OEMs have incorporated several sensing technologies such as radar, LiDAR, and image sensing along with several active safety systems to deliver enhanced autonomous and connected abilities in their trucks to enable truck platooning.
Further, the report states that one challenge that could curtail market growth is the lack of defined safety parameters.
- Peloton Technology
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Geographical segmentation
PART 07: Market drivers
PART 08: Market challenges
PART 09: Market trends
PART 10: Vendor landscape
PART 11: Key vendor analysis
PART 12: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/n4gnm6/global_truck