The revenue mix of most of the companies of Platooning on Highways Market may change in coming time. One of the important factors would be the shift in topline of the clientele that will push them hard to adopt innovation and spend more on R&D to meet ever dynamic evolving requirements. Some of the players who are preparing for their clients future revenue shift will ride the tide, while others might find it challenging to sustain. To cite an in-depth market outlook AMA released its new publication on Platooning on Highways Market with coverage over 100+ industry players, some of the profiled players are Daimler (Germany), Volkswagen (Germany), NVIDIA (United States), Peloton Technology (United States), Volvo Group (Sweden), Scania (Sweden), Toyota (Japan), Bendix Commercial Vehicles Systems (United States), DAF Truck (Netherlands), Continental AG (Germany), IVECO (Italy) and MAN Truck & Bus (Germany).
According to the report, Advancement in Technology and Stringent Vehicle Norms in Emerging Economies is one of the primary growth factors for the market. Interoperability of Truck Platooning Method and Platforms Integrating Connected Technologies
is also expected to contribute significantly to the Platooning on Highways market. Overall, Commercial Vehicles
applications of Platooning on Highways, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Components, such as Hardware, is boosting the Platooning on Highways market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Platooning on Highways market identified that the demand is rising in many different parts of the world as "Reducing CO2 Emission and Reduction in Fuel Consumption
". Furthermore, some recent industry insights like "On July 17, 2019 - Peloton Technology Inc., the leading connected and automated vehicle technology company, unveiled its vision for doubling the productivity of drivers through the development of its new Level 4 Automated Following solution." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Platooning on Highways market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Platooning on Highways market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Platooning on Highways market tight? Which application/end-user category or Product Type may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Platooning on Highways market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Platooning on Highways market size is calculated using market estimation process, the Platooning on Highways market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Platooning on Highways market size has been validated using both top-down and bottom-up approaches.