Edison, NJ -- (SBWIRE) -- 05/18/2021 -- Latest released the research study on Global Platooning on Highways Market, offers a detailed overview of the factors influencing the global business scope. Platooning on Highways Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Platooning on Highways. The study covers emerging player's data, including: competitive landscape, sales, revenue and global market share of top manufacturers 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),MAN Truck & Bus (Germany)

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Definition and Brief Overview of Platooning on Highways:
The term vehicle platooning uses radar and vehicle-vehicle communications to form and sustain a close-headway formation between two or more in-lane vehicles. It guides the vehicles both longitudinally and laterally at highway speeds, implying at least Level 2 automation. Each vehicle interconnects with the other vehicles in the platoon. Image sensors can identify a vehicle's surrounding environment and deliver detailed information. Currently, both 2D and 3D image sensors are used in platooning. The number of image sensors used in truck platooning depends on the level of self-sufficiency and the number of trucks involved in the platoon.

Analyst at AMA have conducted special survey and have connected with opinion leaders and Industry experts from various region to minutely understand impact on growth as well as local reforms to fight the situation. A special chapter in the study presents Impact Analysis of COVID-19 on Global Platooning on Highways Market along with tables and graphs related to various country and segments showcasing impact on growth trends.

Market Trend:
Advancement in Technology and Stringent Vehicle Norms in Emerging Economies

Market Drivers:
Interoperability of Truck Platooning Method and Platforms Integrating Connected Technologies
Rising Adoption of Advanced Driver Assistance System (ADAS) Features and Significant Platooning System

Opportunities:
Reducing CO2 Emission and Reduction in Fuel Consumption
Anticipated Changes in the Truck Platoon Business Models

Challenges:
Concerns over Data Privacy and Cybersecurity Regulations

The Global Platooning on Highways Market segments and Market Data Break Down are illuminated below:
by Application (Commercial Vehicles, Passenger Car (Heavy Trucks, Light Trucks), Others), Components (Hardware, Service)

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Market Insights:
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.

Merger Acquisition:
On March 12, 2019 - IVECO, FPT Industrial and Nikola Corporation has presented the scope and plans of the joint venture and collaboration agreement established to accelerate industry transformation towards emission neutrality of Class 8 heavy-duty trucks in North America and Europe through the adoption of fuel-cell technology.

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

What benefits does AMA research study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments

Strategic Points Covered in Table of Content of Global Platooning on Highways Market:?
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Platooning on Highways market
Chapter 2: Exclusive Summary – the basic information of the Platooning on Highways Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Platooning on Highways
Chapter 4: Presenting the Platooning on Highways Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying market size by Type, End User and Region 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Platooning on Highways market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2021-2026).
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Platooning on Highways Market is a valuable source of guidance for individuals and companies in decision framework.

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Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Global Platooning on Highways market?
- What are the key concerns of the five forces analysis of the Global Platooning on Highways market?
- What are different prospects and threats faced by the dealers in the Global Platooning on Highways market?
- What are the strengths and weaknesses of the key vendors?

Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.