Market Research

Truck Platooning Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

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from $4,850 120 Pages Fortune Business Insights Pvt. Ltd. May, 2024 FOB18820004
Best Price Guarantee
Price from $4,850
Length 120 Pages
Publisher Fortune Business Insights Pvt. Ltd.
Published Date May, 2024
SKU FOB18820004

Truck Platooning Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Truck Platooning Market

The truck platooning market size was valued at USD 28.61 billion in 2023, and the market is now projected to grow from USD 33.04 billion in 2024 to USD 60.17 billion by 2032, exhibiting a CAGR of 6.3% during the forecast period of 2024-2032.

The COVID-19 pandemic created significant opportunities on the truck platooning market growth as curbing coronavirus outbreak was prioritized. Significantly dropped logistics and transportation operations because of stringent authorities’ tips and closed production facilities ended in a drop-in call for platooning. Economic instability caused by COVID-19 additionally restricted key gamers from making an investment in nascent technology, including self-sustaining vans, platooning, and associated technologies.

The truck platooning market share globally has been contributed due to the increasing demand for road safety. Increasing demand for avenue protection globally is driving market growth. Trucks used for logistics and transportation convey a heavy load of cargo. Therefore, the growing variety of street injuries from these heavy-responsibility vans has fueled the demand for road safety.

Moreover, it has been observed that the demand for automatic trucks is on the rise as well. The issue of self-sufficiency appears to be one of the persisting megatrends in the sphere of automobiles and road transport. For example, in the field of trucking there has been a steadily increasing number of vehicles that have been penetrating the industry with this level of autonomy over the past decade.

Comprehensive Analysis of Truck Platooning Market

The truck platooning market and automotives industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the automotives industry. These segmentations are methodically segregated by types of technology, infrastructure, and level of autonomy. The technology types include, Lane Keep Assistance (LKA), Blind Spot Warning (BSW), Autonomous Emergency Braking (AEB), Forward Collision Warning (FCW), Adaptive Cruise Control (ACC), and Others. However, the infrastructure is such as Vehicle-to-Infrastructure (V2I), Vehicle-to-Vehicle (V2V), and Others.

The Europe region is conducive to the global truck platooning market, leading to a recall of USD 39.7 billion owing to technological advancements in European trucking industry. The presence of fundamental trucking groups, including Daimler, MAN, and others, is driving market growth in the area. For instance, most truck platooning-era vendors, including Volvo, Daimler, Scania, MAN, and others, are based totally in Europe.

The top players in the market play a crucial role in the automotives industry assuring industrial prospectus growth and setting market standards. These players include, AB Volvo (Sweden), Scania (Sweden), Continental AG (Germany), Peloton Technology (U.S.), Volkswagen AG (Germany), Daimler (Germany), Wabco (Switzerland), ZF Friedrichshafen AG (Germany),Navistar, Inc. (U.S.), MAN (Germany), and Bendix Commercial Vehicles Systems LLC (U.S.) these market players provide a level-playing competitive landscape.

In June 2023, TuSimple, a global self-sustaining driving generation agency, started testing its stage 4 self-sufficient motors. The test run commenced in Japan’s vital freight corridor. The freight corridor connects the main Japanese towns, such as Nagoya, Osaka, and Tokyo.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 57.7% from 2024 to 2032

Unit Value (USD Million)

Segmentation By Technology

Adaptive Cruise Control (ACC)

Blind Spot Warning (BSW)

Forward Collision Warning (FCW)

Lane Keep Assistance (LKA)

Autonomous Emergency Braking (AEB)

Others

By Infrastructure Type

Vehicle-to-Vehicle (V2V)

Vehicle-to-Infrastructure (V2I)

Others

By Level of Autonomy

Semi-autonomous

Fully Autonomous

By Geography

North America (By Technology, By Infrastructure Type, and By Level of Autonomy)

- U.S. (By Level of Autonomy)

- Canada (By Level of Autonomy)

- Mexico (By Level of Autonomy)

Europe (By Technology, By Infrastructure Type, and By Level of Autonomy)

- Germany (By Level of Autonomy)

- France (By Level of Autonomy)

- U.K. (By Level of Autonomy)

- Rest of Europe (By Level of Autonomy)

Asia Pacific (By Technology, By Infrastructure Type, and By Level of Autonomy)

- China (By Level of Autonomy)

- Japan (By Level of Autonomy)

- India (By Level of Autonomy)

- South Korea (By Level of Autonomy)

- Rest of Asia Pacific (By Level of Autonomy)

Rest of the World (By Technology, By Infrastructure Type, and By Level of Autonomy)


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1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Overview of the Parent/Related Markets
4.2. Industry SWOT Analysis
4.3. Emerging Trends
4.4. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
4.5. Qualitative Analysis (In relation to COVID-19)
4.5.1. Impact of COVID-19
4.5.2. Supply Chain Challenges
4.5.3. Potential Opportunities due to COVID-19
5. Global Oral Care Market Analysis, Insights and Forecast, 2019-2032
5.1. Key Findings / Summary
5.2. Market Size Estimates and Forecast
5.2.1. By Product Type (Value)
5.2.1.1. Toothbrush
5.2.1.2. Toothpaste
5.2.1.3. Mouthwash
5.2.1.4. Others
5.2.2. By Application (Value)
5.2.2.1. Household
5.2.2.2. Commercial
5.2.3. By Distribution Channel (Value)
5.2.3.1. Hypermarket/Supermarket
5.2.3.2. Convenience Stores
5.2.3.3. Online Sales Channel
5.2.3.4. Others
5.2.4. By Region (Value)
5.2.4.1. North America
5.2.4.2. Europe
5.2.4.3. Asia Pacific
5.2.4.4. South America
5.2.4.5. Middle East & Africa
6. North America Oral Care Market Analysis, Insights and Forecast, 2019-2032
6.1. Key Findings / Summary
6.2. Market Size Estimates and Forecast
6.2.1. By Product Type (Value)
6.2.1.1. Toothbrush
6.2.1.2. Toothpaste
6.2.1.3. Mouthwash
6.2.1.4. Others
6.2.2. By Application (Value)
6.2.2.1. Household
6.2.2.2. Commercial
6.2.3. By Distribution Channel (Value)
6.2.3.1. Hypermarket/Supermarket
6.2.3.2. Convenience Stores
6.2.3.3. Online Sales Channel
6.2.3.4. Others
6.2.4. By Country (Value)
6.2.4.1. U.S
6.2.4.1.1. Product Type
6.2.4.1.1.1. Toothbrush
6.2.4.1.1.2. Toothpaste
6.2.4.1.1.3. Mouthwash
6.2.4.1.1.4. Others
6.2.4.2. Canada
6.2.4.2.1. Product Type
6.2.4.2.1.1. Toothbrush
6.2.4.2.1.2. Toothpaste
6.2.4.2.1.3. Mouthwash
6.2.4.2.1.4. Others
6.2.4.3. Mexico
6.2.4.3.1. Product Type
6.2.4.3.1.1. Toothbrush
6.2.4.3.1.2. Toothpaste
6.2.4.3.1.3. Mouthwash
6.2.4.3.1.4. Others
7. Europe Oral Care Market Analysis, Insights and Forecast, 2019-2032
7.1. Key Findings / Summary
7.2. Market Size Estimates and Forecast
7.2.1. By Product Type (Value)
7.2.1.1. Toothbrush
7.2.1.2. Toothpaste
7.2.1.3. Mouthwash
7.2.1.4. Others
7.2.2. By Application (Value)
7.2.2.1. Household
7.2.2.2. Commercial
7.2.3. By Distribution Channel (Value)
7.2.3.1. Hypermarket/Supermarket
7.2.3.2. Convenience Stores
7.2.3.3. Online Sales Channel
7.2.3.4. Others
7.2.4. By Country (Value)
7.2.4.1. Germany
7.2.4.1.1. Product Type
7.2.4.1.1.1. Toothbrush
7.2.4.1.1.2. Toothpaste
7.2.4.1.1.3. Mouthwash
7.2.4.1.1.4. Others
7.2.4.2. France
7.2.4.2.1. Product Type
7.2.4.2.1.1. Toothbrush
7.2.4.2.1.2. Toothpaste
7.2.4.2.1.3. Mouthwash
7.2.4.2.1.4. Others
7.2.4.3. Italy
7.2.4.3.1. Product Type
7.2.4.3.1.1. Toothbrush
7.2.4.3.1.2. Toothpaste
7.2.4.3.1.3. Mouthwash
7.2.4.3.1.4. Others
7.2.4.4. Spain
7.2.4.4.1. Product Type
7.2.4.4.1.1. Toothbrush
7.2.4.4.1.2. Toothpaste
7.2.4.4.1.3. Mouthwash
7.2.4.4.1.4. Others
7.2.4.5. U.K.
7.2.4.5.1. Product Type
7.2.4.5.1.1. Toothbrush
7.2.4.5.1.2. Toothpaste
7.2.4.5.1.3. Mouthwash
7.2.4.5.1.4. Others
7.2.4.6. Rest of Europe
7.2.4.6.1. Product Type
7.2.4.6.1.1. Toothbrush
7.2.4.6.1.2. Toothpaste
7.2.4.6.1.3. Mouthwash
7.2.4.6.1.4. Others
8. Asia-Pacific Oral Care Market Analysis, Insights and Forecast, 2019-2032
8.1. Key Findings / Summary
8.2. Market Size Estimates and Forecast
8.2.1. By Product Type (Value)
8.2.1.1. Toothbrush
8.2.1.2. Toothpaste
8.2.1.3. Mouthwash
8.2.1.4. Others
8.2.2. By Application (Value)
8.2.2.1. Household
8.2.2.2. Commercial
8.2.3. By Distribution Channel (Value)
8.2.3.1. Hypermarket/Supermarket
8.2.3.2. Convenience Stores
8.2.3.3. Online Sales Channel
8.2.3.4. Others
8.2.4. By Country (Value)
8.2.4.1. China
8.2.4.1.1. Product Type
8.2.4.1.1.1. Toothbrush
8.2.4.1.1.2. Toothpaste
8.2.4.1.1.3. Mouthwash
8.2.4.1.1.4. Others
8.2.4.2. India
8.2.4.2.1. Product Type
8.2.4.2.1.1. Toothbrush
8.2.4.2.1.2. Toothpaste
8.2.4.2.1.3. Mouthwash
8.2.4.2.1.4. Others
8.2.4.3. Japan
8.2.4.3.1. Product Type
8.2.4.3.1.1. Toothbrush
8.2.4.3.1.2. Toothpaste
8.2.4.3.1.3. Mouthwash
8.2.4.3.1.4. Others
8.2.4.4. Australia
8.2.4.4.1. Product Type
8.2.4.4.1.1. Toothbrush
8.2.4.4.1.2. Toothpaste
8.2.4.4.1.3. Mouthwash
8.2.4.4.1.4. Others
8.2.4.5. Rest of Asia-Pacific
8.2.4.5.1. Product Type
8.2.4.5.1.1. Toothbrush
8.2.4.5.1.2. Toothpaste
8.2.4.5.1.3. Mouthwash
8.2.4.5.1.4. Others
9. South America Oral Care Market Analysis, Insights and Forecast, 2019-2032
9.1. Key Findings / Summary
9.2. Market Size Estimates and Forecast
9.2.1. By Product Type (Value)
9.2.1.1. Toothbrush
9.2.1.2. Toothpaste
9.2.1.3. Mouthwash
9.2.1.4. Others
9.2.2. By Application (Value)
9.2.2.1. Household
9.2.2.2. Commercial
9.2.3. By Distribution Channel (Value)
9.2.3.1. Hypermarket/Supermarket
9.2.3.2. Convenience Stores
9.2.3.3. Online Sales Channel
9.2.3.4. Others
9.2.4. By Country (Value)
9.2.4.1. Brazil
9.2.4.1.1. Product Type
9.2.4.1.1.1. Toothbrush
9.2.4.1.1.2. Toothpaste
9.2.4.1.1.3. Mouthwash
9.2.4.1.1.4. Others
9.2.4.2. Argentina
9.2.4.2.1. Product Type
9.2.4.2.1.1. Toothbrush
9.2.4.2.1.2. Toothpaste
9.2.4.2.1.3. Mouthwash
9.2.4.2.1.4. Others
9.2.4.3. Rest of South America
9.2.4.3.1. Product Type
9.2.4.3.1.1. Toothbrush
9.2.4.3.1.2. Toothpaste
9.2.4.3.1.3. Mouthwash
9.2.4.3.1.4. Others
10. Middle East & Africa Oral Care Market Analysis, Insights and Forecast, 2019-2032
10.1. Key Findings / Summary
10.2. Market Size Estimates and Forecast
10.2.1. By Product Type (Value)
10.2.1.1. Toothbrush
10.2.1.2. Toothpaste
10.2.1.3. Mouthwash
10.2.1.4. Others
10.2.2. By Application (Value)
10.2.2.1. Household
10.2.2.2. Commercial
10.2.3. By Distribution Channel (Value)
10.2.3.1. Hypermarket/Supermarket
10.2.3.2. Convenience Stores
10.2.3.3. Online Sales Channel
10.2.3.4. Others
10.2.4. By Country (Value)
10.2.4.1. UAE
10.2.4.1.1. Product Type
10.2.4.1.1.1. Toothbrush
10.2.4.1.1.2. Toothpaste
10.2.4.1.1.3. Mouthwash
10.2.4.1.1.4. Others
10.2.4.2. Saudi Africa
10.2.4.2.1. Product Type
10.2.4.2.1.1. Toothbrush
10.2.4.2.1.2. Toothpaste
10.2.4.2.1.3. Mouthwash
10.2.4.2.1.4. Others
10.2.4.3. South Africa
10.2.4.3.1. Product Type
10.2.4.3.1.1. Toothbrush
10.2.4.3.1.2. Toothpaste
10.2.4.3.1.3. Mouthwash
10.2.4.3.1.4. Others
10.2.4.4. Rest of Middle East & Africa
10.2.4.4.1. Product Type
10.2.4.4.1.1. Toothbrush
10.2.4.4.1.2. Toothpaste
10.2.4.4.1.3. Mouthwash
10.2.4.4.1.4. Others
11. Competitive Matrix
11.1. Business Strategies Adopted by Leading Players
11.2. Global Oral Care Market Revenue Share/Ranking Analysis, By Key Manufacturer, 2023
12. Company Profiles
12.1. Colgate Palmolive Co. (New York, U.S.)
12.1.1. Overview
12.1.2. Description
12.1.3. Product Portfolio
12.1.4. Financials (Data as available in public domain and/or on paid databases)
12.1.5. Recent Developments
12.2. Unilever Plc. (London, U.K.)
12.2.1. Overview
12.2.2. Description
12.2.3. Product Portfolio
12.2.4. Financials (Data as available in public domain and/or on paid databases)
12.2.5. Recent Developments
12.3. Proctor & Gamble Co. (Ohio, U.S.)
12.3.1. Overview
12.3.2. Description
12.3.3. Product Portfolio
12.3.4. Financials (Data as available in public domain and/or on paid databases)
12.3.5. Recent Developments
12.4. Henkel AG & Co. KG aA (Dusseldorf, Germany)
12.4.1. Overview
12.4.2. Description
12.4.3. Product Portfolio
12.4.4. Financials (Data as available in public domain and/or on paid databases)
12.4.5. Recent Developments
12.5. Johnson & Johnson (New Jercy, U.S.)
12.5.1. Overview
12.5.2. Description
12.5.3. Product Portfolio
12.5.4. Financials (Data as available in public domain and/or on paid databases)
12.5.5. Recent Developments
12.6. GlaxoSmithKline Plc. (Brentford, U.K.)
12.6.1. Overview
12.6.2. Description
12.6.3. Product Portfolio
12.6.4. Financials (Data as available in public domain and/or on paid databases)
12.6.5. Recent Developments
12.7. Lion Corporation (Tokyo, Japan)
12.7.1. Overview
12.7.2. Description
12.7.3. Product Portfolio
12.7.4. Financials (Data as available in public domain and/or on paid databases)
12.7.5. Recent Developments
12.8. Church & Dwight Co. Inc. (Ewing Township, U.S.)
12.8.1. Overview
12.8.2. Description
12.8.3. Product Portfolio
12.8.4. Financials (Data as available in public domain and/or on paid databases)
12.8.5. Recent Developments
12.9. Reckit Benckiser Group Plc. (Slough, U.K.)
12.9.1. Overview
12.9.2. Description
12.9.3. Product Portfolio
12.9.4. Financials (Data as available in public domain and/or on paid databases)
12.9.5. Recent Developments
12.10. Patanjali Ayurved Limited (Haridwar, India)
12.10.1. Overview
12.10.2. Description
12.10.3. Product Portfolio
12.10.4. Financials (Data as available in public domain and/or on paid databases)
12.10.5. Recent Developments
13. Appendix

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