Truck Platooning Systems Market Segmentation:
Technology Segment Analysis
In terms of technology, the GPS segment in the truck platooning systems market is poised to witness substantial growth by the end of 2035. These modules utilize GSM technology to locate vehicles efficiently. Similarly, each platoon of vehicles has installed GPS, RADAR, and cameras for quick response in circumstances that may prevent sudden accidents. A significant study conducted by Indiana University discovered that around 90% of accidents take place owing to human error. However, this technology can help in reducing the chances of accidents by helping the driver to take the correct decision at the correct time while driving.
Vehicle Segment Analysis
The heavy commercial segment is estimated to observe the highest share in the truck platooning systems market between 2025 – 2035 on the basis of vehicle segmentation in the truck platooning system landscape. Truck platooning systems are widely installed in heavy commercial vehicles to improve road efficiency, prevent drivers from road accidents, and make sure there’s faster delivery of goods.
Our in-depth analysis of the global market includes the following segments:
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