Truck Platooning Market : Adaptive Cruise Control (ACC), Blind Spot Warning (BSW) Industry Forecast, 2018 - 2025 | AMR


Autonomous Trucks

ARTICLE SOURCE

OREGAON, PORTLAND, UNITED STATES, February 22, 2023 /EINPresswire.com/ -- The global truck platooning market size was valued at $500.9 million in 2017 and is projected to reach $4590.3 million by 2025, registering a CAGR of 32.4% from 2018 to 2025. This is owing to autonomous trucks being in development phase along with feasibility of trucks with level 1 and level 2 automation for truck platooning. However, the autonomous truck platooning segment is expected to grow at the largest CAGR of 46.6% during the forecast period, 2018-2025. About UsAllied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions."