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The Global Truck Platooning market is expected to reach $6128.05 million by 2026 growing at a CAGR of 33.5% during 2018 to 2026. Truck platooning can be defined as linking of two or more trucks in convoy using automated driving assistance systems and connectivity solutions between the vehicles. The vehicles in truck platooning maintain a close distance between them when they are connected for certain part of the journey on roadways. Rising government rules for emission reduction from transport sector, reduction in fuel consumption and supportive government rules for platooning are some of the factors fuelling market growth. However, high cost of platooning technology and rising security and privacy concerns are restricting market growth. Based on technology, the fastest growth in the market during the forecast period is expected from the adaptive cruise control technology, as it is indispensable to truck platooning. It helps in adjusting the vehicle speed and maintaining optimum distance between the trucks in a platoon through the use of radio signals. The key vendors mentioned are Peloton Technology, Daimler AG, Volvo Group, DAF Trucks NV, Scania AB, Continental AG, Merito WABCO Vehicle Control Systems, Bendix Commercial Vehicles Systems LLC, Navistar International Corporation (US), Delphi Automotive PLC and OTTO Technologies. Technologies Covered: • Adaptive Cruise Control • Forward Collision Avoidance and Mitigation System • Lane Departure Warning • Active Brake Assist • Blind Spot Warning (BSW) • Global positioning system (GPS) • Lane Keep Assist (LKA) • Cellular & Wi-Fi Communication • Acceleration & Braking Controller • DSRS Vehicle To Vehicle Communication • Human–Machine Interface • Autonomous Emergency Braking • Other Technologies Sensors Covered: • Lidar • Radar • Image Sensor Components Covered: • Forward Looking Camera • System Display With Rear Time Camera • Driver-Centric Design • RADAR Base Collision Mitigation Communication Technologies Covered: • Vehicle-to-infrastructure (V2I) • Vehicle-to-vehicle (V2V) • Vehicle-to-everything (V2X) Services Covered: • Vehicle Tracking • Telematics • Diagnostics • Platooning Pricing • Matchmaking • ACE Vehicle Types Covered: • Light Commercial Vehicle • Heavy Commercial Vehicle Platooning Types Covered: • Driver-Assistive Tuck Platooning (DATP) • Autonomous Truck Platooning Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2016 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Truck Platooning Market, By Technology
5.1 Introduction
5.2 Adaptive Cruise Control
5.3 Forward Collision Avoidance and Mitigation System
5.4 Lane Departure Warning
5.5 Active Brake Assist
5.6 Blind Spot Warning (BSW)
5.7 Global positioning system (GPS)
5.8 Lane Keep Assist (LKA)
5.9 Cellular & Wi-Fi Communication
5.10 Acceleration & Braking Controller
5.11 DSRS Vehicle To Vehicle Communication
5.12 Human Machine Interface
5.13 Autonomous Emergency Braking
5.14 Other Technologies
6 Global Truck Platooning Market, By Sensor
6.1 Introduction
6.2 Lidar
6.3 Radar
6.4 Image Sensor
7 Global Truck Platooning Market, By Component
7.1 Introduction
7.2 Forward Looking Camera
7.3 System Display With Rear Time Camera
7.4 Driver-Centric Design
7.5 RADAR Base Collision Mitigation
8 Global Truck Platooning Market, By Communication Technology
8.1 Introduction
8.2 Vehicle-To-Infrastructure (V2I)
8.3 Vehicle-To-Vehicle (V2V)
8.4 Vehicle-To-Everything (V2X)
9 Global Truck Platooning Market, By Service
9.1 Introduction
9.2 Vehicle Tracking
9.3 Telematics
9.4 Diagnostics
9.5 Platooning Pricing
9.6 Matchmaking
9.7 ACE
10 Global Truck Platooning Market, By Vehicle Type
10.1 Introduction
10.2 Light Commercial Vehicle
10.3 Heavy Commercial Vehicle
11 Global Truck Platooning Market, By Platooning Type
11.1 Introduction
11.2 Driver-Assistive Tuck Platooning (DATP)
11.3 Autonomous Truck Platooning
12 Global Truck Platooning Market, By Geography
12.1 Introduction
12.2 North America
12.3 Europe
12.4 Asia Pacific
12.5 South America
12.6 Middle East & Africa
13 Strategic Benchmarking
14 Vendors Landscape
14.1 Peloton Technology
14.2 Daimler AG
14.3 Volvo Group
14.4 DAF Trucks NV
14.5 Scania AB
14.6 Continental AG
14.7 Merito WABCO Vehicle Control Systems
14.8 Bendix Commercial Vehicles Systems LLC
14.9 Navistar International Corporation (US)
14.10 Delphi Automotive PLC
14.11 OTTO Technologies
List of Data Tables
1 Global Truck Platooning Market Outlook, By Region (2017-2026) ($MN)
2 Global Truck Platooning Market Outlook, By Technology (2017-2026) ($MN)
3 Global Truck Platooning Market Outlook, By Adaptive Cruise Control (2017-2026) ($MN)
4 Global Truck Platooning Market Outlook, By Forward Collision Avoidance and Mitigation System (2017-2026) ($MN)
5 Global Truck Platooning Market Outlook, By Lane Departure Warning (2017-2026) ($MN)
6 Global Truck Platooning Market Outlook, By Active Brake Assist (2017-2026) ($MN)
7 Global Truck Platooning Market Outlook, By Blind Spot Warning (BSW) (2017-2026) ($MN)
8 Global Truck Platooning Market Outlook, By Global positioning system (GPS) (2017-2026) ($MN)
9 Global Truck Platooning Market Outlook, By Lane Keep Assist (LKA) (2017-2026) ($MN)
10 Global Truck Platooning Market Outlook, By Cellular & Wi-Fi Communication (2017-2026) ($MN)
11 Global Truck Platooning Market Outlook, By Acceleration & Braking Controller (2017-2026) ($MN)
12 Global Truck Platooning Market Outlook, By DSRS Vehicle To Vehicle Communication (2017-2026) ($MN)
13 Global Truck Platooning Market Outlook, By Human Machine Interface (2017-2026) ($MN)
14 Global Truck Platooning Market Outlook, By Autonomous Emergency Braking (2017-2026) ($MN)
15 Global Truck Platooning Market Outlook, By Other Technologies (2017-2026) ($MN)
16 Global Truck Platooning Market Outlook, By Sensor (2017-2026) ($MN)
17 Global Truck Platooning Market Outlook, By Lidar (2017-2026) ($MN)
18 Global Truck Platooning Market Outlook, By Radar (2017-2026) ($MN)
19 Global Truck Platooning Market Outlook, By Image Sensor (2017-2026) ($MN)
20 Global Truck Platooning Market Outlook, By Component (2017-2026) ($MN)
21 Global Truck Platooning Market Outlook, By Forward Looking Camera (2017-2026) ($MN)
22 Global Truck Platooning Market Outlook, By System Display With Rear Time Camera (2017-2026) ($MN)
23 Global Truck Platooning Market Outlook, By Driver-Centric Design (2017-2026) ($MN)
24 Global Truck Platooning Market Outlook, By RADAR Base Collision Mitigation (2017-2026) ($MN)
25 Global Truck Platooning Market Outlook, By Communication Technology (2017-2026) ($MN)
26 Global Truck Platooning Market Outlook, By Vehicle-To-Infrastructure (V2I) (2017-2026) ($MN)
27 Global Truck Platooning Market Outlook, By Vehicle-To-Vehicle (V2V) (2017-2026) ($MN)
28 Global Truck Platooning Market Outlook, By Vehicle-To-Everything (V2X) (2017-2026) ($MN)
29 Global Truck Platooning Market Outlook, By Service (2017-2026) ($MN)
30 Global Truck Platooning Market Outlook, By Vehicle Tracking (2017-2026) ($MN)
31 Global Truck Platooning Market Outlook, By Telematics (2017-2026) ($MN)
32 Global Truck Platooning Market Outlook, By Diagnostics (2017-2026) ($MN)
33 Global Truck Platooning Market Outlook, By Platooning Pricing (2017-2026) ($MN)
34 Global Truck Platooning Market Outlook, By Matchmaking (2017-2026) ($MN)
35 Global Truck Platooning Market Outlook, By ACE (2017-2026) ($MN)
36 Global Truck Platooning Market Outlook, By Vehicle Type (2017-2026) ($MN)
37 Global Truck Platooning Market Outlook, By Light Commercial Vehicle (2017-2026) ($MN)
38 Global Truck Platooning Market Outlook, By Heavy Commercial Vehicle (2017-2026) ($MN)
39 Global Truck Platooning Market Outlook, By Platooning Type (2017-2026) ($MN)
40 Global Truck Platooning Market Outlook, By Driver-Assistive Tuck Platooning (DATP) (2017-2026) ($MN)
41 Global Truck Platooning Market Outlook, By Autonomous Truck Platooning (2017-2026) ($MN)
42 North America Truck Platooning Market Outlook, By Technology (2017-2026) ($MN)
43 North America Truck Platooning Market Outlook, By Sensor (2017-2026) ($MN)
44 North America Truck Platooning Market Outlook, By Component (2017-2026) ($MN)
45 North America Truck Platooning Market Outlook, By Communication Technology (2017-2026) ($MN)
46 North America Truck Platooning Market Outlook, By Service (2017-2026) ($MN)
47 North America Truck Platooning Market Outlook, By Vehicle Type (2017-2026) ($MN)
48 North America Truck Platooning Market Outlook, By Platooning Type (2017-2026) ($MN)
49 Europe Truck Platooning Market Outlook, By Technology (2017-2026) ($MN)
50 Europe Truck Platooning Market Outlook, By Sensor (2017-2026) ($MN)
51 Europe Truck Platooning Market Outlook, By Component (2017-2026) ($MN)
52 Europe Truck Platooning Market Outlook, By Communication Technology (2017-2026) ($MN)
53 Europe Truck Platooning Market Outlook, By Service (2017-2026) ($MN)
54 Europe Truck Platooning Market Outlook, By Vehicle Type (2017-2026) ($MN)
55 Europe Truck Platooning Market Outlook, By Platooning Type (2017-2026) ($MN)
56 Asia Pacific Truck Platooning Market Outlook, By Technology (2017-2026) ($MN)
57 Asia Pacific Truck Platooning Market Outlook, By Sensor (2017-2026) ($MN)
58 Asia Pacific Truck Platooning Market Outlook, By Component (2017-2026) ($MN)
59 Asia Pacific Truck Platooning Market Outlook, By Communication Technology (2017-2026) ($MN)
60 Asia Pacific Truck Platooning Market Outlook, By Service (2017-2026) ($MN)
61 Asia Pacific Truck Platooning Market Outlook, By Vehicle Type (2017-2026) ($MN)
62 Asia Pacific Truck Platooning Market Outlook, By Platooning Type (2017-2026) ($MN)
63 South America Truck Platooning Market Outlook, By Technology (2017-2026) ($MN)
64 South America Truck Platooning Market Outlook, By Sensor (2017-2026) ($MN)
65 South America Truck Platooning Market Outlook, By Component (2017-2026) ($MN)
66 South America Truck Platooning Market Outlook, By Communication Technology (2017-2026) ($MN)
67 South America Truck Platooning Market Outlook, By Service (2017-2026) ($MN)
68 South America Truck Platooning Market Outlook, By Vehicle Type (2017-2026) ($MN)
69 South America Truck Platooning Market Outlook, By Platooning Type (2017-2026) ($MN)
70 Middle East & Africa Truck Platooning Market Outlook, By Technology (2017-2026) ($MN)
71 Middle East & Africa Truck Platooning Market Outlook, By Sensor (2017-2026) ($MN)
72 Middle East & Africa Truck Platooning Market Outlook, By Component (2017-2026) ($MN)
73 Middle East & Africa Truck Platooning Market Outlook, By Communication Technology (2017-2026) ($MN)
74 Middle East & Africa Truck Platooning Market Outlook, By Service (2017-2026) ($MN)
75 Middle East & Africa Truck Platooning Market Outlook, By Vehicle Type (2017-2026) ($MN)
76 Middle East & Africa Truck Platooning Market Outlook, By Platooning Type (2017-2026) ($MN)