| Product Code: ETC4571187 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Truck platooning is a form of advanced driver assistance system (ADAS) that involves a group of trucks traveling closely together to improve fuel efficiency and safety. This market focuses on the adoption and implementation of platooning technology in the Malaysia trucking industry.
The Malaysia Truck Platooning Market is propelled by the need to improve logistics and transportation efficiency. Truck platooning technology, which allows a group of trucks to autonomously follow one another closely, helps reduce fuel consumption and improve road safety, making it an attractive option for freight and logistics companies.
The adoption of truck platooning technology in Malaysia faces several obstacles. Firstly, there is a need for significant investments in vehicle-to-vehicle communication systems and advanced driver assistance technologies, which can be a deterrent for many fleet operators. Moreover, regulatory frameworks pertaining to autonomous and semi-autonomous driving are still evolving, creating uncertainties for businesses looking to implement platooning solutions. Addressing concerns related to safety, liability, and the integration of platooning technology with existing logistics and transportation systems presents further challenges for market players.
The COVID-19 pandemic brought about both challenges and opportunities for the Malaysia truck platooning market. The transportation and logistics sector, a key target for platooning technology, faced disruptions in the early phases of the pandemic. However, the need for efficient and cost-effective transportation solutions became more pronounced as businesses sought to streamline operations. This presented an opportunity for the adoption of truck platooning technology. The market is anticipated to witness growth as businesses prioritize operational efficiency and cost savings in the post-pandemic landscape.
The concept of truck platooning, a form of automated driving technology, has gained traction in the Malaysia transportation sector. Leading Players in this market include companies like Volvo Group, Daimler AG, and Scania AB. These industry leaders have been instrumental in developing and deploying truck platooning systems that enhance fuel efficiency, reduce emissions, and improve overall logistics operations. Their extensive experience and technical expertise in autonomous and connected vehicle technologies have positioned them as major contributors to the evolution of truck platooning in Malaysia.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Truck Platooning Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Truck Platooning Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Truck Platooning Market - Industry Life Cycle |
3.4 Malaysia Truck Platooning Market - Porter's Five Forces |
3.5 Malaysia Truck Platooning Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malaysia Truck Platooning Market Revenues & Volume Share, By Systems, 2021 & 2031F |
3.7 Malaysia Truck Platooning Market Revenues & Volume Share, By Sensor, 2021 & 2031F |
4 Malaysia Truck Platooning Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives promoting the adoption of truck platooning technology |
4.2.2 Increasing focus on improving road safety and reducing accidents |
4.2.3 Cost savings and fuel efficiency benefits associated with truck platooning |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing truck platooning technology |
4.3.2 Lack of standardized regulations and policies for truck platooning |
4.3.3 Concerns regarding cybersecurity and data privacy issues related to connected vehicles |
5 Malaysia Truck Platooning Market Trends |
6 Malaysia Truck Platooning Market, By Types |
6.1 Malaysia Truck Platooning Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Truck Platooning Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Malaysia Truck Platooning Market Revenues & Volume, By DATP, 2021-2031F |
6.1.4 Malaysia Truck Platooning Market Revenues & Volume, By Autonomous, 2021-2031F |
6.2 Malaysia Truck Platooning Market, By Systems |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Truck Platooning Market Revenues & Volume, By ACC, 2021-2031F |
6.2.3 Malaysia Truck Platooning Market Revenues & Volume, By AEB, 2021-2031F |
6.2.4 Malaysia Truck Platooning Market Revenues & Volume, By FCW, 2021-2031F |
6.2.5 Malaysia Truck Platooning Market Revenues & Volume, By GPS, 2021-2031F |
6.2.6 Malaysia Truck Platooning Market Revenues & Volume, By HMI, 2021-2031F |
6.2.7 Malaysia Truck Platooning Market Revenues & Volume, By LKA, 2021-2031F |
6.3 Malaysia Truck Platooning Market, By Sensor |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Truck Platooning Market Revenues & Volume, By Lidar, 2021-2031F |
6.3.3 Malaysia Truck Platooning Market Revenues & Volume, By Radar, 2021-2031F |
6.3.4 Malaysia Truck Platooning Market Revenues & Volume, By Image, 2021-2031F |
7 Malaysia Truck Platooning Market Import-Export Trade Statistics |
7.1 Malaysia Truck Platooning Market Export to Major Countries |
7.2 Malaysia Truck Platooning Market Imports from Major Countries |
8 Malaysia Truck Platooning Market Key Performance Indicators |
8.1 Average distance covered per platooning operation |
8.2 Average fuel efficiency improvement achieved through truck platooning |
8.3 Number of successful pilot projects or trials conducted to test the feasibility and effectiveness of truck platooning technology |
9 Malaysia Truck Platooning Market - Opportunity Assessment |
9.1 Malaysia Truck Platooning Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malaysia Truck Platooning Market Opportunity Assessment, By Systems, 2021 & 2031F |
9.3 Malaysia Truck Platooning Market Opportunity Assessment, By Sensor, 2021 & 2031F |
10 Malaysia Truck Platooning Market - Competitive Landscape |
10.1 Malaysia Truck Platooning Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Truck Platooning Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |