Zion Research has published a new report titled “Automotive
Platooning Systems Market: Global Industry Perspective, Comprehensive Analysis
and Forecast, 2015 – 2026.” Automotive platooning
systems market saw shipments of 841,354 units
in 2015 and the number is expected to reach 7,100,874 units by 2026, growing at
a CAGR of 22.64% between 2016 and 2026.
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A platoon is a group of vehicles that can run closely
together, safely at desired speed. Leading vehicle controls the speed and
direction of vehicles, and following vehicles (which have precisely matched
braking and acceleration) reacts accordingly to the lead vehicle’s movement.
More efficient utilization of infrastructure and less road congestion are the
benefits make platooning a good way to meet several challenges and
simultaneously ensure the safety.
Extensive use of truck platooning considerably decreases the
volume of greenhouse gas that originates from road freight transport. Other
important advantages that could stem from automotive platooning are more
efficient use of infrastructure, increased road safety, and less road
congestion. All these benefits make platooning a good way to address numerous
challenges that are presently faced by the road freight transport sector.
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Increased traffic and fuel efficiency are the factors
expected to drive the growth of the automotive platooning system in the coming
years. Escalating traffic worldwide has pushed industry leaders to develop the
platooning system which would help in fewer traffic collisions and reduced
congestion. However, high investment cost, low consumer awareness, lack of
adequate infrastructure, and comparatively low maturity of the autonomous
vehicle technology in few economies are some of the challenges affecting the
growth of this market.
Europe accounted for around 20.56% of the market share in
2015. Due to sophisticated ICT infrastructure and implementation of favorable
regulatory mandates, Europe is expected to witness promising growth in
platooning systems technology over the forecast period. The EU market has
already made several strides in connected car technologies. The region is
positioned strongly in terms of sophisticated information and communications
technology infrastructure and smart mobility.
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SARTRE, PATH, GCDC, Energy ITS and SCANIA-platooning are
some of the major projects aiming to improve the automotive platooning system
with innovative technology. They are working to optimize efficiency and develop
hassle free transport solution. Some of the prominent players in the global
automotive platooning market include Daimler, Peloton Technology, Scania,
Volvo, Continental, Delphi, IVECO, MAN Truck & Bus, Meritor Wabco,
Navistar, Nokia Growth Partners, TomTom and others.
This report segment of the automotive platooning systems
market as follows:
Global Automotive Platooning Systems Market: Regional Segment Analysis
Global Automotive Platooning Systems Market: Regional Segment Analysis
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
The Middle East and
Africa
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4283, Express Lane,
Suite 634-143,
Sarasota, Florida 34249, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: http://www.zionmarketresearch.com
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