Global Truck Platooning Market Size Study By Type (Autonomous, Driver Assistive), By Systems (Lane Keep Assist, Blind Spot Warning, Adaptive Cruise Control, Global Positioning System, Automated Emergency Braking, Forward Collision Warning, Human Machine Interface), By Sensors, By Services (Telematics-Based, Platooning-Based) and By Regional Forecasts, 2017-2025

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Global Truck Platooning Market valued approximately USD 8.3 million in 2017 is forecasted to grow with a healthy growth rate of more than 35.01% over the forecast period 2017-2025. The major factors speculated to augment the markets are road safety laws, reduction in the CO2 emission, minimizing the fuel consumption, insufficiency of skilled drivers and self-driving trucks. Self-driven trucks are an opportunity where the market growth can be exponential in the forecast period. Truck Platooning consists of several trucks furnished with state-of-the-art driving support systems – one closely following the other. This forms a platoon with the trucks driven by smart technology and communicating with each other.

Global Truck Platooning Market is segmented into Type, Systems, Sensors and Services. The Image Sensors subsegment is forecasted to grow with the highest CAGR in the sensor type segment. Whereas, Adaptive Cruise Control (ACC) is speculated to remain dominant in the systems segment.

The regional analysis of Global Truck Platooning Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Owing to fast improvements in autonomous vehicle technology and the stringent governmental laws for road safety, the North America region is speculated to be the leading region across the world in terms of market share. Whereas, owing to countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate / CAGR over the forecast period 2017-2025.

Global Truck Platooning MarketThe objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

  • Autonomous Truck Platooning
  • Driver Assistive Truck Platooning (DATP)

By Systems:

  • Lane Keep Assist (LKA)
  • Blind Spot Warning (BSW)
  • Adaptive Cruise Control (ACC)
  • Global Positioning System (GPS)
  • Automated Emergency Braking (AEB)
  • Forward Collision Warning (FCW)
  • Human Machine Interface (HMI)
  • Others

By Sensors:

  • Image
  • LiDAR
  • Radar

By Services:

  • Platooning-Based
    • Match Making
    • Financial Transaction
    • Pricing
  • Telematics-Based
    • On-road Assistance
    • Automatic Crash Notification
    • Navigation & Infotainment
    • Vehicle Tracking
    • Emergency Calling
    • Remote Diagnostics

By Regions:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015

Base year – 2016

Forecast period – 2017 to 2025

The industry is seeming to be fairly competitive. Some of the leading market players include Tomtom, Volvo, Scania, Daimler, Bosch, Wabco, Continental, ZF, Nvidia, Omnitracs, Intel, Peloton, Trimble, Toyota Tsusho, Otto, Man, Cargox, Hino Motors, Telefonica, Paccar, Navistar International Corp., and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.

Target Audience of the Truck Platooning Market Study:

  • Key Consulting Companies & Advisors
  • Large, medium-sized, and small enterprises
  • Venture capitalists
  • Value-Added Resellers (VARs)
  • Third-party knowledge providers
  • Investment bankers
  • Investors

Chapter 1.           Global Truck Platooning Market Definition & Scope

1.1.         Research Objective

1.2.         Market Definition

1.3.         Scope of The Study

1.4.         Years Considered for The Study

1.5.         Currency Conversion Rates

1.6.         Report Limitation

Chapter 2.           Research Methodology

2.1.         Research Process

2.1.1.     Data Mining

2.1.2.     Analysis

2.1.3.     Market Estimation

2.1.4.     Validation

2.1.5.     Publishing

2.2.         Research Assumption

Chapter 3.           Executive Summary

3.1.         Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)

3.2.         Key Trends

Chapter 4.           Global Truck Platooning Market Dynamics

4.1.         Growth Prospects

4.1.1.     Drivers

4.1.2.     Restraints

4.1.3.     Opportunities

4.2.         Industry Analysis

4.2.1.     Porter’s 5 Force Model

4.2.2.     PEST Analysis

4.2.3.     Value Chain Analysis

4.3.         Analyst Recommendation & Conclusion

Chapter 5.           Global Truck Platooning Market by Type

5.1.         Market Snapshot

5.2.         Market Performance – Potential Model

5.3.         Truck Platooning Market, Sub Segment Analysis

5.3.1.     Autonomous Truck Platooning

5.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.2.     Driver Assistive Truck Platooning (DATP)

5.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.3.     Others

5.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

Chapter 6.           Global Truck Platooning Market by Systems

6.1.         Market Snapshot

6.2.         Market Performance – Potential Model

6.3.         Truck Platooning Market, Sub Segment Analysis

6.3.1.     Lane Keep Assist (LKA)

6.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

6.3.2.     Blind Spot Warning (BSW)

6.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

6.3.3.     Adaptive Cruise Control (ACC)

6.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

6.3.4.     Global Positioning System (GPS)

6.3.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.4.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

6.3.5.     Automated Emergency Braking (AEB)

6.3.5.1. Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.5.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

6.3.6.     Forward Collision Warning (FCW)

6.3.6.1. Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.6.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

6.3.7.     Human Machine Interface (HMI)

6.3.7.1. Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.7.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

6.3.8.     Others

6.3.8.1. Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.8-.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

Chapter 7.           Global Truck Platooning Market by Sensors

7.1.         Market Snapshot

7.2.         Market Performance – Potential Model

7.3.         Truck Platooning Market, Sub Segment Analysis

7.3.1.     Image

7.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)

7.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.2.     LiDAR

7.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)

7.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.3.     Radar

7.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)

7.3.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

Chapter 8.           Global Truck Platooning Market by Services

8.1.         Market Snapshot

8.2.         Market Performance – Potential Model

8.3.         Truck Platooning Market, Sub Segment Analysis

8.3.1.     Platooning-Based

8.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)

8.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.1.3. Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.1.3.1.              Match Making

8.3.1.3.2.              Financial Transaction

8.3.1.3.3.              Pricing

8.3.2.     Telematics-Based

8.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)

8.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.2.3. Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.2.3.1.              On-road Assistance

8.3.2.3.2.              Automatic Crash Notification

8.3.2.3.3.              Navigation & Infotainment

8.3.2.3.4.              Vehicle Tracking

8.3.2.3.5.              Emergency Calling

8.3.2.3.6.              Remote Diagnostics

Chapter 9.           Global Truck Platooning Market, Regional Analysis

9.1.         Truck Platooning Market, Regional Market Snapshot (2015-2025)

9.2.         North America Truck Platooning Market Snapshot

9.2.1.     U.S.

9.2.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)

9.2.1.2. Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.2.1.3. Systems breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.2.1.4. Sensors breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.2.1.5. Services breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.2.2.     Canada

9.2.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)

9.2.2.2. Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.2.2.3. Systems breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.2.2.4. Sensors breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.2.2.5. Services breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.         Europe Truck Platooning Market Snapshot

9.3.1.     U.K.

9.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)

9.3.1.2. Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.1.3. Systems breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.1.4. Sensors breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.1.5. Services breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.2.     Germany

9.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)

9.3.2.2. Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.2.3. Systems breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.2.4. Sensors breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.2.5. Services breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.3.     France

9.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)

9.3.3.2. Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.3.3. Systems breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.3.4. Sensors breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.3.5. Services breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.4.     Rest of Europe

9.3.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)

9.3.4.2. Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.4.3. Systems breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.4.4. Sensors breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.4.5. Services breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.         Asia Truck Platooning Market Snapshot

9.4.1.     China Truck Platooning Market Size Estimates & Forecasts, 2015-2025 (USD Billion)

9.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)

9.4.1.2. Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.1.3. Systems breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.1.4. Sensors breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.1.5. Services breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.2.     India

9.4.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)

9.4.2.2. Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.2.3. Systems breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.2.4. Sensors breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.2.5. Services breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.3.     Japan

9.4.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)

9.4.3.2. Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.3.3. Systems breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.3.4. Sensors breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.3.5. Services breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.4.     Rest of Asia Pacific

9.4.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)

9.4.4.2. Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.4.3. Systems breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.4.4. Sensors breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.4.5. Services breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.5.         Latin America Truck Platooning Market Snapshot

9.5.1.     Brazil

9.5.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)

9.5.1.2. Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.5.1.3. Systems breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.5.1.4. Sensors breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.5.1.5. Services breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.5.2.     Mexico

9.5.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)

9.5.2.2. Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.5.2.3. Systems breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.5.2.4. Sensors breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.5.2.5. Services breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.6.         Rest of The World

9.6.1.     South America

9.6.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)

9.6.1.2. Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.6.1.3. Systems breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.6.1.4. Sensors breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.6.1.5. Services breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.6.2.     Middle East and Africa

9.6.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)

9.6.2.2. Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.6.2.3. Systems breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.6.2.4. Sensors breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.6.2.5. Services breakdown estimates & forecasts, 2015-2025 (USD Billion)

Chapter 10.         Competitive Intelligence

10.1.      Company Market Share (Subject to Data Availability)

10.2.      Top Market Strategies

10.3.      Company Profiles

10.3.1.   Tomtom

10.3.1.1.               Overview

10.3.1.2.               Financial (Subject to Data Availability)

10.3.1.3.               Product Summary

10.3.1.4.               Recent Developments

10.3.2.   Volvo

10.3.3.   Scania

10.3.4.   Daimler

10.3.5.   Bosch

10.3.6.   Wabco

10.3.7.   Continental

10.3.8.   ZF

10.3.9.   Nvidia

10.3.10.                Omnitracs

10.3.11.                Intel

10.3.12.                Peloton

10.3.13.                Trimble

10.3.14.                Toyota Tsusho

10.3.15.                Otto

10.3.16.                Man

10.3.17.                Hino Motors

10.3.18.                Telefonica

10.3.19.                Paccar

10.3.20.                Navistar International Corp.

The Research Methodology for Global Truck Platooning Market Study deeply focuses on the entire value chain of the market. However, all of the statistical estimates are purely based on the consumption/implementation side of the value chain wherein the market sizes have been calculated by analyzing the prices i.e. sale price or cost prices along with the average demand/ procedures/usage/ deployment/execution of Truck Platooning across various industries / end-use/applications.

The whole Truck Platooning industry has been divided into various segments i.e. Type, Systems, Sensors, Services, and Regions and each of which is studied as an individual study by our research analysts and consultants. Each of the subsegments has been analyzed and estimated at country level to form a regional scope. After finalizing the regional and segmental revenues the total revenue for Global Truck Platooning Market is calculated as a sum of all the different segments.

Some of the key data points considered under the Research Methodology to calculate the revenue for Global Truck Platooning Market includes:

  • Revenues from key companies
  • Company market share analysis
  • Consumer spending analysis
  • Regional export and import analysis
  • Regulatory Trends
  • Sales revenue generated by various products/applications in different countries/geographies

The Research Methodology starts with extensive data mining, using paid & free authentic information sources such as white papers, industry journals, trade magazines, Hoovers, Factiva, Statista, news websites, technical publications, independent studies etc. a team of dedicated research analysts and associates work on all of the gathered data to extract relevant information. Key factors such as ongoing & upcoming industry trends, external & internal driving factors, restraining factors, growth opportunities and value chain analysis have been verified in order form qualitative part of the report and to back the estimation team for quantitative analysis.

We utilize a combination of top-down and bottom-up methodology for industry estimations & forecasts. Additionally, we employ data triangulation techniques to verify each of the estimates and forecasts through primary interviews and feedbacks. An extensive primary and secondary research have been conducted with the key industry people, through questionnaires, telephonic conversations, email conversations, and interviews to verify industry trends and estimations. Various government websites/portals and paid data sources are considered as a key source of secondary research.

All of the estimates are derived from simulation models which is our proprietary technique. Each of these models is different from another. These models are a combination of correlation, regression and time series analysis. Each of these models is basically divided into two types namely economic and technological. Economical models are used to determine short-term market estimates and technological models are used for long-term estimates & forecasts. Both the types are used collectively in order to derive market estimates for the base year as well as for forecast period.


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