The report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
Connected trucks are equipped with innovative technologies including fleet management system (FMS), advanced driver assist systems (ADAS), and other technologies. The functionalities of a connected truck aids the driver to check the light status, battery status, fuel level, and other crucial information. Some of the features of the connected truck include blind spot detection (BSD), lane keep assist system (LKAS), emergency brake assist (EBA), and lane departure warning (LDW) among others. These features provide safety to not only the drivers but also the pedestrians and other vehicles.
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Increase in the demand for systems with advanced technology has driven the connected truck market. Rising safety concerns for heavy vehicles and government initiatives are anticipated to supplement the market demand. However, lack of proper network infrastructure in many of the regions impacts the market growth.
Leading Connected Truck Market Players:
- Denso Corporation
- Continental AG
- Robert Bosch
- Delphi Technologies
- ZF Friedrichshafen AG
- Harman International
- Sierra Wireless
- Trimble Inc.
- Verizon Wireless
Connected Truck Market – Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
The Connected Truck Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
The report provides a detailed overview of the connected truck industry including both qualitative and quantitative information. It provides overview and forecast of the global connected truck market based on component, range, and communication type. It also provides market size and forecast till 2027 for overall connected truck market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 countries globally along with current trend and opportunities prevailing in the region.
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Reason to Buy:
– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Connected Truck Market
– Highlights key business priorities in order to assist companies to realign their business strategies.
– The key findings and recommendations highlight crucial progressive industry trends in the Connected Truck Market, thereby allowing players to develop effective long term strategies.
– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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