Connected Truck Market is estimated to be USD 16.78 Billion in 2016 and is projected to grow at a CAGR of 15% from 2017 to 2025, to reach USD 37.64 Billion by 2025.
Connected trucks are equipped with advanced technologies such as Advanced Driver Assistance Systems (ADAS) and Vehicle Management Systems (FMS) to broadcast vehicle improvements, fuel management, driver assistance systems and more. Connected trucks provide the driver with immediate status information and use the ability to remotely control the vehicle.
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Some of the major players in the global connected truck market are Bosch (Germany), Continental (Germany), Verizon Communications (US), Harman International (US), Denso Corporation (Japan), ZF Friedrichshafen AG (Germany), Magna (Canada), and Delphi (UK)
By Range Type
- Dedicated Short Range
- Long Range/Cellular Network
By Services Type
- Fleet Management
- Maintenance (Cybersecurity & Updates)
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Scope of the Report
The research study analyzes the global Connected Truck industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Connected Truck Market Report
1. What was the Connected Truck Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2026).
2. What will be the CAGR of Connected Truck Market during the forecast period (2019-2026)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2026).
4. Which manufacturer/vendor/players in the Connected Truck Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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