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Truck Platooning Market Observe Substantial Growth By 2019-2024

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Truck Platooning Market

 Truck Platooning Market: Summary
The Global Truck Platooning Market is estimated to reach USD 3.3 Billion in 2024 at a CAGR of 39.8%. Increasing need for fuel consumption, growing need for reducing CO2 emissions, and increase in road safety are some of the factors which are expected to drive the truck platooning market during the forecast period. However, high cost of platooning technology and impact on infrastructure migration are expected to restrain the market during the forecast period. Demand in automated driving and smart mobility is expected to become an opportunity for truck platooning system market.

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Truck platooning allows two or more trucks travel together through connectivity technologies such as automated driving support systems. These vehicles automatically maintain a specific distance between each other. The leader truck acts as the head of the convoy, guiding the movements of the vehicles behind requiring little or no action from the follower trucks. Some key players in truck platooning are Peloton Technology, AB Volvo, Daimler AG., Scania, Navistar, Inc., and WABCO among others.

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Truck Platooning Market: Report Synopsis

This market research report offers a comprehensive analysis of key market trends in the global truck platooning market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks.

  • On the the basis of type, the truck platooning market is segmented into driver assisted truck platooning (DATP) and automated truck platooning.
  • Based on hardware type, the truck platooning market can be segmented into forward-looking camera, system display, platooning control unit, driver controls, speaker, push-to-talk pedal, radar-based collision mitigation, sensors and others.
  • Based on technology, the truck platooning market can be segmented into automatic emergency braking (AEB), adaptive cruise control (ACC), blind-spot collision warning (BSW), forward collision warning (FCW), lane keeping assist (LKA), human machine interface (HMI), lane departure warning (LDW) and others.
  • Based on connectivity, the truck platooning market can be segmented into global posting system (GPS), dedicated short range communications (DSRC), celluar, Wi-Fi antennae, vehicle-to-vehicle (V2V) communication and others.
  • The regional analysis is covered under five major regions such as North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

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Truck Platooning Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Truck Platooning Market by Type

  • Driver Assisted Truck Platooning (DATP)
  • Automated Truck Platooning

Truck Platooning Market by Hardware Type

  • Forward-Looking Camera
  • System Display
  • Platooning Control Unit
  • Driver controls
  • Speaker
  • Push-To-Talk Pedal
  • Radar-Based Collision Mitigation
  • Senors
  • Others

Read Press Release of Global Truck Platooning Market for More Information:

https://www.forencisresearch.com/truck-platooning-market-to-reach-usd-3-3-billion-in-2024/

Truck Platooning Market by Technology

  • Automatic Emergency Braking (AEB)
  • Adaptive Cruise Control (ACC)
  • Blind-Spot Collision Warning (BSW)
  • Forward Collision Warning (FCW)
  • Lane Keeping Assist (LKA)
  • Human Machine Interface (HMI)
  • Lane Departure Warning (LDW)
  • Others

Truck Platooning Market by Connectivity

  • Global Posting System (GPS)
  • Dedicated Short Range Communications (DSRC)
  • Cellular
  • Wi-Fi Antennae
  • Vehicle-To-Vehicle (V2V) Communication
  • Others

Truck Platooning Market by Region

  • Asia-Pacific
  • North America
  • Europe
  • Middle East and Africa
  • South America

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About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.


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Global Market

Food Packaging Equipment Market to Top $19,268 Million by 2023

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Food Packaging Equipment Market

According to a new report published by Allied Market Research, titled, Food packaging Equipment Market by Equipment, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global food packaging equipment market was valued at $14,740 million in 2016, and is projected to reach $19,268 million by 2023, registering a CAGR of 4.0% from 2017 to 2023. In 2016, the labelling, decorating, & coding equipment segment accounted for approximately one-seventh share of the global market in terms of revenue.

Food packaging equipment includes machineries that are present in every stage of packaging process. Bottling line, cartoning, case handling, closing, filling & dosing, FFS (form, fill & seal) machinery, labelling, decorating, & coding, palletizing, wrapping & bundling, and others are some types of food packaging equipment that perform different packaging functions at different stages of processing.

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The growth in demand for attractive and innovative packaging in the food industry for product differentiation; rise in consumption of processed meat, poultry, and seafood; increase in purchasing power and rise in preference of online shopping of grocery leads to increase in demand for packaged food, which in turn is expected to drive the food packaging equipment market.

In 2016, labelling, decorating, & coding equipment accounted for the highest revenue growing at a significant CAGR of 5.2% from 2017 to 2023. Labels and codes are used on every kind of food product to brand, decorate, provide information, and track products. It consists of high ink-jet coders for printing barcodes, graphics, and text on cartons. Also, it has a wide array of print and apply labelers for labeling bottles, cartons, and pallets with high resolution graphics text and barcodes. This provides protection against tampering.

Whereas, high cost of development and installation of food packaging equipment in most of the developing countries, stringent legislations for food safety and energy-inefficient packaging equipment and machinery hamper the market growth. Growth in packaged food industry in emerging economies such as China, India, Indonesia, and Brazil make way for growth opportunity.

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Key Findings of the Food Packaging Equipment Market:

  • Asia-Pacific is expected to maintain its dominant position in the market in terms of value during the forecast period, followed by Europe.
  • Meat, poultry, and seafood is the largest application segment of the market, registering a significant CAGR from 2017 to 2023.
  • LAMEA accounted for approximately one-tenth share of the market in 2016.
  • The Asia-Pacific food packaging equipment market is anticipated to grow at the highest CAGR from 2017 to 2023.
  • North America accounted for approximately one-fifth share in the market, and is expected to grow at a CAGR of 4.0% during the forecast period.

Asia-Pacific and LAMEA collectively contributed about half of the global market share in 2016. The key players operating in the global food packaging equipment market are Arpac LLC, Bosch Packaging Technology, Coesia Group, GEA Group, IMA Group, Ishida, Multivac, Inc., Nichrome India Ltd., Omori Machinery Co. Ltd., and Oystar Holding GmbH.

About Us:
Allied 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.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Global Market

Whey Protein Market 2020- Global Industry Analysis, By Key Players, Segmentation, Trends and Forecast By 2026

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OG Analysis

Focus on select sub-segments remains core strategy of Whey Protein market players due to their potential for growth in the next few years, notes OGAnalysis new report launched in August 2020.

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The industry is concentrated significantly in unorganized space but growing food expenditure in emerging nations is encouraging foreign companies to rapidly expand their investment in domestic Whey Protein markets.

On the developed markets front, drive towards organic and healthy food and beverages is shaping the product portfolio of Whey Protein companies. Majority of Whey Protein manufacturers are investing in Research and Development to market healthy products. Further, acquisition of local players is also increasingly being observed as part of inorganic business expansion strategy worldwide.

Diversifying distribution channels with increasing presence of online and retail chains also acts as market driver, predominantly in developing countries. Shifting preferences towards new flavours, new taste and convenience are set to shape the Whey Protein product offerings over the medium term future.

Browse Whey Protein Market Report @ https://www.oganalysis.com/industry-reports/213711/whey-protein-market

Global Whey Protein market Insights

Key trends shaping the near and long term future of the industry, drivers, opportunities and restraints of Whey Protein market, detailed porter’s five forces analysis and competitive insights are included in the research.

Global Whey Protein market size by type

The 2020 series of global Whey Protein market size, share, outlook and growth prospects is a comprehensive analysis on global Whey Protein market conditions. The report presents the detailed annual outlook of each of the sub segments of Whey Protein across markets to 2026.

Global Whey Protein market share by applications

Amidst increasing emphasis on new applications and stagnant growth of conventional large applications, the report presents in-depth insights into each of the leading Whey Protein end user verticals along with annual forecasts to 2026

Request for Special Discount on Whey Protein Market Report https://www.oganalysis.com/discount/213711

Global Whey Protein market revenue by country

The current Whey Protein market size in terms of revenue across 12 countries, along with historic data from 2017 and annual forecasts to 2026 are included in the research. The countries included span across Asia Pacific, Europe, Middle East Africa, North America and South & Central America regions.

Global Whey Protein market analysis by Company

Top 10 leading companies in global Whey Protein market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and Whey Protein products and services.

Global Whey Protein market news and recent developments

Latest news and industry developments in terms of Whey Protein capacity expansions, acquisitions, organic and inorganic growth strategies, joint ventures and collaborations, product launches, market expansions etc are included in the report.

About OG Analysis:

OG Analysis has been a trusted research partner for 10+ years delivering most reliable analysis, information and innovative solutions. OG Analysis is one of the leading players in market research industry serving 980+ companies across multiple industry verticals. Our core client centric approach comprehends client requirements and provides actionable insights that enable users to take informed decisions.

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Global Market

Global Salad Dressing Market 2020 Share, Trend, Segmentation and Forecast to 2026

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OG Analysis

Focus on select sub-segments remains core strategy of Salad Dressing market players due to their potential for growth in the next few years, notes OGAnalysis new report launched in December 2019.

Request Salad Dressing Market Sample @ https://www.oganalysis.com/sample/213697

The industry is concentrated significantly in unorganized space but growing food expenditure in emerging nations is encouraging foreign companies to rapidly expand their investment in domestic Salad Dressing markets.

On the developed markets front, drive towards organic and healthy food and beverages is shaping the product portfolio of Salad Dressing companies. Majority of Salad Dressing manufacturers are investing in Research and Development to market healthy products. Further, acquisition of local players is also increasingly being observed as part of inorganic business expansion strategy worldwide.

Diversifying distribution channels with increasing presence of online and retail chains also acts as market driver, predominantly in developing countries. Shifting preferences towards new flavours, new taste and convenience are set to shape the Salad Dressing product offerings over the medium term future.

Browse Salad Dressing Market Report @ https://www.oganalysis.com/industry-reports/213697/salad-dressing-market

Global Salad Dressing market Insights

Key trends shaping the near and long term future of the industry, drivers, opportunities and restraints of Salad Dressing market, detailed porter’s five forces analysis and competitive insights are included in the research.

Global Salad Dressing market size by type

The 2020 series of global Salad Dressing market size, share, outlook and growth prospects is a comprehensive analysis on global Salad Dressing market conditions. The report presents the detailed annual outlook of each of the sub segments of Salad Dressing across markets to 2026.

Global Salad Dressing market share by applications

Amidst increasing emphasis on new applications and stagnant growth of conventional large applications, the report presents in-depth insights into each of the leading Salad Dressing end user verticals along with annual forecasts to 2026

Request for Special Discount on Salad Dressing Market Report https://www.oganalysis.com/discount/213697

Global Salad Dressing market revenue by country

The current Salad Dressing market size in terms of revenue across 12 countries, along with historic data from 2018 and annual forecasts to 2026 are included in the research. The countries included span across Asia Pacific, Europe, Middle East Africa, North America and South & Central America regions.

Global Salad Dressing market analysis by Company

Top 10 leading companies in global Salad Dressing market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and Salad Dressing products and services.

Global Salad Dressing market news and recent developments

Latest news and industry developments in terms of Salad Dressing capacity expansions, acquisitions, organic and inorganic growth strategies, joint ventures and collaborations, product launches, market expansions etc are included in the report.

About OG Analysis:

OG Analysis has been a trusted research partner for 10+ years delivering most reliable analysis, information and innovative solutions. OG Analysis is one of the leading players in market research industry serving 980+ companies across multiple industry verticals. Our core client centric approach comprehends client requirements and provides actionable insights that enable users to take informed decisions.

Contact Us:

Ambarish

Phone: +1 860 777 1418, +91-7337 01 3757

Email: [email protected]

Website: https://www.oganalysis.com

Follow Us on LinkedIn: https://www.linkedin.com/company/og-analysis/

 

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