Automotive Platooning System Market: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2026

Automotive Platooning System Market: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2026

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Global 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.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.




Global 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.

Automotive platooning is a group of vehicles which travels in close proximity to each other. The platooning system uses different technologies to attain safe and competent transport. The automotive platooning system reduces carbon dioxide (CO2) emission. Truck platooning consist of two or more trucks driving close behind the platoon leader, with the next truck automatically following the leading truck through vehicle-to-vehicle communication. Further, trucks rely on an abundance of sensors and technologies such as radar and GPS to sense their environment and drive safely. Truck platooning offers the reduction of road freight operational costs owing to fuel savings and possible higher productivity of both driver and truck.

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.

Global automotive platooning systems market

Road accidents in the emerging regions like Asia Pacific have increased dramatically over the past couple of years. The main reason behind these accidents is congested traffic, growing driver fatigue owing to long working hours and unregulated traffic discipline. The automotive platooning system is projected to be the very profitable market in the near future. Increased safety benefits, fuel efficiency, emission reduction and reduced traffic congestion together stimulate the demand for automotive platooning systems. However, low consumer awareness, lack of adequate infrastructure, and comparatively low maturity of the autonomous vehicle technology in few economies are some of the challenges restraining the growth of this market.

The major players are also participating in several projects such as; PATH, SARTRE, GCDC, and Energy ITS where this technique is tested and verified. The automotive platooning system is projected to be the very profitable market in the near future. Europe accounted for nearly 29.56% of the market share in 2015. Europe is a mature automotive market and holds significant potential for the truck platooning system market. 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.

Collaborative efforts between automotive platooning system providers, R&D organizations, connected vehicle service providers, OEMs, transportation and logistics service providers and regulators would play the crucial part in the augmenting proliferation of automotive platooning systems in the market in the near future. The key players operative in the global automotive platooning market includes Daimler, Peloton Technology, Scania, Volvo, Continental, Delphi, IVECO, MAN Truck & Bus, Meritor Wabco, Navistar, Nokia Growth Partners, TomTom and others.

  • Chapter 1 Preface
    • 1.1 Report description
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market research process
      • 1.3.2 Market research methodology
  • Chapter 2 Executive Summary
    • 2.1 Global automotive platooning systems market , 2015 – 2026 (Units)
    • 2.2 Global automotive platooning systems market : Snapshot
  • Chapter 3 Automotive Platooning Systems– Market Dynamics
    • 3.1 Introduction
    • 3.2 Market Drivers
      • 3.2.1 Increased traffic and fuel efficiency
      • 3.2.2 Increased safety benefits
    • 3.3 Restraints
      • 3.3.1 High investment cost and lack of adequate infrastructure
    • 3.4 Opportunities
      • 3.4.1 Growing government support
    • 3.5 Autonomous vehicle industry overview
    • 3.6 Porter’s five forces analysis
      • 3.6.1 Bargaining power of suppliers
      • 3.6.2 Bargaining power of buyers
      • 3.6.3 Threat of substitutes
      • 3.6.4 Threat of new entrants
      • 3.6.5 Degree of competition
    • 3.7 Automotive Platooning Systems: Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis by regional segment
  • Chapter 4 Competitive Landscape
    • 4.1 Competitive landscape analysis
    • 4.2 Strategic Development
      • 4.2.1 Acquisitions & Mergers
      • 4.2.2 New Product Launch
      • 4.2.3 Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4 Research and Development, Product and Regional Expansion
  • Chapter 5 Automotive Platooning Systems Market – Regional Analysis
    • 5.1 Global automotive platooning systems market : Regional Overview
      • 5.1.1 Global automotive platooning systems market volume share, by region, 2015 & 2026
    • 5.2 North America
      • 5.2.1 North America automotive platooning systems market, 2015 – 2026 (Units)
    • 5.3 Europe
      • 5.3.1 Europe automotive platooning systems market, 2015 – 2026 (Units)
    • 5.4 Asia Pacific
      • 5.4.1 Asia Pacific automotive platooning systems market, 2015 – 2026 (Units)
    • 5.5 Latin America
      • 5.5.1 Latin America automotive platooning systems market, 2015 – 2026 (Units)
    • 5.6 Middle East and Africa
      • 5.6.1 Middle East and Africa automotive platooning systems market, 2015 – 2026 (Units)
  • Chapter 6 Company Profiles
    • 6.1 Delphi Automotive PLC
      • 6.1.1 Overview
      • 6.1.2 Financials
      • 6.1.3 Product portfolio
      • 6.1.4 Business Strategy
      • 6.1.5 Recent Developments
    • 6.2 IVECO
      • 6.2.1 Overview
      • 6.2.2 Financials
      • 6.2.3 Product portfolio
      • 6.2.4 Business Strategy
      • 6.2.5 Recent Developments
    • 6.3 MAN Truck & Bus
      • 6.3.1 Overview
      • 6.3.2 Financials
      • 6.3.3 Product portfolio
      • 6.3.4 Business Strategy
      • 6.3.5 Recent Developments
    • 6.4 Meritor Wabco
      • 6.4.1 Overview
      • 6.4.2 Financials
      • 6.4.3 Product Portfolio
      • 6.4.4 Business Strategy
      • 6.4.5 Recent Developments
    • 6.5 Daimler AG
      • 6.5.1 Overview
      • 6.5.2 Financials
      • 6.5.3 Product Portfolio
      • 6.5.4 Business Strategy
      • 6.5.5 Recent Developments
    • 6.6 Scania AB
      • 6.6.1 Company Overview
      • 6.6.2 Financials
      • 6.6.3 Business Strategy
      • 6.6.4 Recent Developments
    • 6.7 Continental Corporation
      • 6.7.1 Company Overview
      • 6.7.2 Financials
      • 6.7.3 Product Portfolio
      • 6.7.4 Business Strategy
      • 6.7.5 Recent Developments
    • 6.8 Volvo Group
      • 6.8.1 Company Overview
      • 6.8.2 Financials
      • 6.8.3 Business Strategy
      • 6.8.4 Recent Developments
    • 6.9 Peloton Technology
      • 6.9.1 Company Overview
      • 6.9.2 Product Portfolio
      • 6.9.3 Business Strategy
      • 6.9.4 Recent Developments
    • 6.10 Navistar International Corporation
      • 6.10.1 Overview
      • 6.10.2 Financials
      • 6.10.3 Product Portfolio
      • 6.10.4 Business Strategy
      • 6.10.5 Recent Developments
    • 6.11 Nokia Growth Partners
      • 6.11.1 Overview
      • 6.11.2 Product Portfolio
      • 6.11.3 Business strategy
      • 6.11.4 Recent Developments
    • 6.12 TomTom N.V.
      • 6.12.1 Overview
      • 6.12.2 Financials
      • 6.12.3 Product Portfolio
      • 6.12.4 Business Strategy
      • 6.12.5 Recent Developments
    • 6.13 Magna International Inc.
      • 6.13.1 Overview
      • 6.13.2 Financials
      • 6.13.3 Product Portfolio
      • 6.13.4 Business Strategy
      • 6.13.5 Recent Developments

List of Figures

FIG. 1 Market Research Process
FIG. 2 Market Research Methodology
FIG. 3 Global automotive platooning systems market volume, 2015 – 2026 (Units)
FIG. 4 The predicted yearly reduction of CO2, due to truck platooning in million tons of CO2 per year
FIG. 5 Road death per 10,000 vehicles and per 100,000 population 1936 to 2014 in New Zealand
FIG. 6 The worst countries for road traffic fatalities (Road deaths per 100,000 inhabitants in 2013)
FIG. 7 Porter’s five forces analysis for automotive platooning systems market
FIG. 8 Market attractiveness analysis by regional segment
FIG. 9 Global automotive platooning systems market volume share, by region, 2015 & 2026
FIG. 10 North America automotive platooning systems market, 2015 – 2026 (Units)
FIG. 11 Europe automotive platooning systems market, 2015 – 2026 (Units)
FIG. 12 Asia Pacific automotive platooning systems market , 2015 – 2026 (Units)
FIG. 13 Latin America automotive platooning systems market, 2015 – 2026 (Units)
FIG. 14 Middle East and Africa automotive platooning systems market, 2015 – 2026 (Units)
FIG. 15 Revenue by business segment 2015 (USD Million)
FIG. 16 2015 net sale by geography (USD Billion)
FIG. 17 Net revenues by region in the years ended December 31, 2015 (USD Million)
FIG. 18 Net Sale by Product Segment, 2015
FIG. 19 Sales by division of business, 2015 (USD Billion)
FIG. 20 Share of net sales by business area , 2015
FIG. 21 Share of net sales by market (%), 2015


List of Tables

TABLE 1    Global automotive platooning systems market : Snapshot
TABLE 2    Drivers of the automotive platooning system market : Impact Analysis
TABLE 3    Restraints for the automotive platooning system market : Impact Analysis

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