The Global Connected truck Market is poised to grow at a CAGR of around XX% over the next decade to reach approximately $XX million by 2025. Some of the prominent trends that the market is witnessing include growth in digital services in aircrafts, favoring government regulations to adopt connected technologies, and recent technological advancements towards connected technologies.
Based on components type, the market is categorized into software, and hardware. Further, hardware segment is categorized into microcontrollers, and radar & lidar sensors.
By Service, the market is segmented by maintenance service (cybersecurity & ota updates), and fleet management service. Moreover, fleet management service segmented by driver information system, fleet analytics, fuel management system, remote diagnostics, and tracking & monitoring.
Depending on the Range, the market is classified into Long Range (Telematics Control Unit), Dedicated Short Range Communication (DSRC). Further, Dedicated Short Range Communication (DSRC) is segmented into Adaptive Cruise Control (ACC), Blind Spot Warning (BSW), Emergency Brake Assist (EBA), Forward Collision Warning (FCW), Lane Departure Warning (LDW), and Park Assist System (PAS).
On basis of Communication Type the market is segmented by Vehicle to Cloud (V2C), Vehicle to Infrastructure (V2I), and Vehicle to Vehicle (V2V).
By Vehicle Type, the market is segmented by Heavy Commercial Vehicle (HCV), and Light Commercial Vehicle (LCV).
This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2015, 2016 revenue estimations are presented for 2017 and forecasts from 2018 till 2027. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
Regional Analysis:
North America
Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- New Zealand
- Rest of Asia Pacific
Middle East
- Saudi Arabia
- UAE
- Rest of Middle East
Latin America
- Argentina
- Brazil
- Rest of Latin America
Rest of the World
Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2027, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2027
- Market opportunities and recommendations for new investments
Table of Contents
1 Market Outline
- 1.1 Research Methodology
- 1.1.1 Research Approach & Sources
- 1.2 Market Trends
- 1.3 Regulatory Factors
- 1.4 End User Analysis
- 1.5 Strategic Benchmarking
- 1.6 Opportunity Analysis
2 Executive Summary
3 Market Overview
- 3.1 Current Trends
- 3.1.1 Growth in digital services in aircrafts
- 3.1.2 Favoring government regulations to adopt connected technologies
- 3.1.3 Recent technological advancements towards connected technologies
- 3.1.4 Growth Opportunities/Investment Opportunities
- 3.2 Drivers
- 3.3 Constraints
- 3.4 Industry Attractiveness
- 3.4.1 Bargaining power of suppliers
- 3.4.2 Bargaining power of buyers
- 3.4.3 Threat of substitutes
- 3.4.4 Threat of new entrants
- 3.4.5 Competitive rivalry
4 Connected truck Market, By Components Type
- 4.1 Software
- 4.1.1 Software Market Forecast to 2027 (US$ MN)
- 4.2 Hardware
- 4.2.1 Hardware Market Forecast to 2027 (US$ MN)
- 4.2.1.1 Microcontrollers
- 4.2.1.1.1 Microcontrollers Market Forecast to 2027 (US$ MN)
- 4.2.1.2 Radar & Lidar Sensors
- 4.2.1.2.1 Radar & Lidar Sensors Market Forecast to 2027 (US$ MN)
5 Connected truck Market, By Service
- 5.1 Maintenance Service (Cybersecurity & Ota Updates)
- 5.1.1 Maintenance Service (Cybersecurity & Ota Updates) Market Forecast to 2027 (US$ MN)
- 5.2 Fleet Management Service
- 5.2.1 Fleet Management Service Market Forecast to 2027 (US$ MN)
- 5.2.1.1 Driver Information System
- 5.2.1.1 Driver Information System Market Forecast to 2027 (US$ MN)
- 5.2.1.2 Fleet Analytics
- 5.2.1.2 Fleet Analytics Market Forecast to 2027 (US$ MN)
- 5.2.1.3 Fuel Management System
- 5.2.1.3 Fuel Management System Market Forecast to 2027 (US$ MN)
- 5.2.1.4 Remote Diagnostics
- 5.2.1.4 Remote Diagnostics Market Forecast to 2027 (US$ MN)
- 5.2.1.5 Tracking & Monitoring
- 5.2.1.5 Tracking & Monitoring Market Forecast to 2027 (US$ MN)
6 Connected truck Market, By Range
- 6.1 Long Range (Telematics Control Unit)
- 6.1.1 Long Range (Telematics Control Unit) Market Forecast to 2027 (US$ MN)
- 6.2 Dedicated Short Range Communication (DSRC)
- 6.2.1 Dedicated Short Range Communication (DSRC) Market Forecast to 2027 (US$ MN)
- 6.2.1.1 Adaptive Cruise Control (ACC)
- 6.2.1.1.1 Adaptive Cruise Control (ACC) Market Forecast to 2027 (US$ MN)
- 6.2.1.2 Blind Spot Warning (BSW)
- 6.2.1.2.1 Blind Spot Warning (BSW) Market Forecast to 2027 (US$ MN)
- 6.2.1.3 Emergency Brake Assist (EBA)
- 6.2.1.3.1 Emergency Brake Assist (EBA) Market Forecast to 2027 (US$ MN)
- 6.2.1.4 Forward Collision Warning (FCW)
- 6.2.1.4.1 Forward Collision Warning (FCW) Market Forecast to 2027 (US$ MN)
- 6.2.1.5 Lane Departure Warning (LDW)
- 6.2.1.5.1 Lane Departure Warning (LDW) Market Forecast to 2027 (US$ MN)
- 6.2.1.6 Park Assist System (PAS)
- 6.2.1.6.1 Park Assist System (PAS) Market Forecast to 2027 (US$ MN)
7 Connected truck Market, By Communication Type
- 7.1 Vehicle to Cloud (V2C)
- 7.1.1 Vehicle to Cloud (V2C) Market Forecast to 2027 (US$ MN)
- 7.2 Vehicle to Infrastructure (V2I)
- 7.2.1 Vehicle to Infrastructure (V2I) Market Forecast to 2027 (US$ MN)
- 7.3 Vehicle to Vehicle (V2V)
- 7.3.1 Vehicle to Vehicle (V2V) Market Forecast to 2027 (US$ MN)
8 Connected truck Market, By Vehicle Type
- 8.1 Heavy Commercial Vehicle (HCV)
- 8.1.1 Heavy Commercial Vehicle (HCV) Market Forecast to 2027 (US$ MN)
- 8.2 Light Commercial Vehicle (LCV)
- 8.2.1 Light Commercial Vehicle (LCV) Market Forecast to 2027 (US$ MN)
9 Connected truck Market, By Geography
- 9.1 North America
- 9.1.1 North America Market Forecast by Countries to 2027 (US$ MN)
- 9.1.1.1 US
- 9.1.1.2 Canada
- 9.1.1.3 Mexico
- 9.2 Europe
- 9.2.1 Europe Market Forecast by Countries to 2027 (US$ MN)
- 9.2.1.1 Germany
- 9.2.1.2 U.K.
- 9.2.1.3 Italy
- 9.2.1.4 France
- 9.2.1.5 Spain
- 9.2.1.6 Rest of Europe
- 9.3 Asia Pacific
- 9.3.1 Asia Pacific Market Forecast by Countries to 2027 (US$ MN)
- 9.3.1.1 Japan
- 9.3.1.2 China
- 9.3.1.3 India
- 9.3.1.4 Australia
- 9.3.1.5 New Zealand
- 9.3.1.6 Rest of APAC
- 9.4 Middle East
- 9.4.1 Middle East Market Forecast by Countries to 2027 (US$ MN)
- 9.4.1.1 Saudi Arabia
- 9.4.1.2 UAE
- 9.4.1.3 Rest of Middle East
- 9.5 Latin America
- 9.5.1 Latin America Market Forecast by Countries to 2027 (US$ MN)
- 9.5.1.1 Argentina
- 9.5.1.2 Brazil
- 9.5.1.3 Rest of Latin America
- 9.6 Rest of the World (RoW)
- 9.6.1 RoW Market Forecast by Countries to 2027 (US$ MN)
- 9.6.1.1 South Africa
- 9.6.1.2 Others
10 Key Player Activities
- 10.1 Mergers & Acquisitions
- 10.2 Partnerships, Joint Venture's, Collaborations and Agreements
- 10.3 Product Launch & Expansions
- 10.4 Other Activities
11 Leading Companies
- 11.1 Adgero
- 11.2 Continental
- 11.3 Delphi
- 11.4 Denso
- 11.5 Harman
- 11.6 KeepTruckin
- 11.7 Magna
- 11.8 NXP
- 11.9 Robert Bosch
- 11.10 Sierra Wireless
- 11.11 Tomtom
- 11.12 Trimble
- 11.13 Trucker Path
- 11.14 Verizon
- 11.15 ZF Friedrichshafen AG