Automotive Platooning Systems Market

Global Automotive
Platooning Systems
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2016
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Report Description
The automotive platooning systems is defined as the collection of vehicles that travel
together and which are in active coordination with each other. The vehicle platooning
system uses different technologies to attain safe and competent transport. Platooning
systems decrease the distance between two vehicles using electronic and mechanical
coupling. This system allows the vehicles to accelerate or brake simultaneously. In
addition to this, there are many advantages of automotive platooning systems. Some of
them are increased traffic and fuel efficiency, more safety and driver comfort. There has
been a lot of research and development activities over the past few years to make this
concept a reality. The major players are also participating in several projects such as
SARTRE, PATH, GCDC, Energy ITS, and many more, where this technique is tested and
verified. The automotive platooning system is expected to be very lucrative market in the
upcoming years.
Automotive Platooning Systems Market: Drivers and Restraints
One of the major driver for growth in the automotive platooning systems market is its
added advantages such as great fuel economy, less traffic collisions and reduced
congestion. The increasing automotive manufacturing is expected to boost the demand
for automotive platooning systems, thus driving the global automotive platooning
systems market. The major players in automotive platooning systems market are heavily
investing in the development of platooning technology. The major challenges for the
automotive platooning systems market are impaired drivers, technical errors of the
vehicles and implementing new applications in existing road infrastructures.

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Automotive Platooning Systems Market: Segmentation
The automotive platooning systems market can be segmented based on vehicle type as
Light commercial vehicles
Heavy commercial vehicles
The automotive platooning systems market can also be segmented based on mode of
communication as
Vehicle to Vehicle (V2V)
Vehicle to Infrastructure (V2I)
Automotive Platooning Systems Market: Regional Outlook
On the basis of region the global pour point depressant market is segmented into North
America, Latin America, Western Europe, Eastern Europe, Middle East and Africa, Asia
Pacific Countries excluding Japan and Japan. The automotive platooning systems is still
undergoing a lot of research activities. These systems are expected to be largely adopted
in the developed countries as compared to developing ones. Regions such as North
America and Europe are anticipated to implement this system in the near future. The
adoption level of automotive platooning systems is expected to increase a lesser pace in
developing regions such as Asia Pacific and Eastern Europe.

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Automotive Platooning Systems Market: Major key players
Some of the major players identified in the global automotive platooning systems market
are:
Denso International America, Inc.
Volvo Group Venture Capital
Magna International
UPS Strategic Enterprise Fund
Intel Capital
Nokia Growth Partners

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