Global Truck Platooning System Market to Grow 18.09% by 2020 - Anticipated Changes in the Platoon Business Models Driving Growth - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Truck Platooning System Market 2016-2020" report to their offering.

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.

Key vendors:

  • Daimler
  • Peloton Technology
  • Scania
  • Volvo

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

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Trucks

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Trucks