Connected Trucks Market, Size, Share, Growth, Report (2018 to 2023) - PowerPoint PPT Presentation

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Connected Trucks Market, Size, Share, Growth, Report (2018 to 2023)


The connected truck market is projected to grow at a CAGR of 15.14% during the forecast period, to reach USD 37.64 Billion by 2022 from an estimated USD 18.60 Billion in 2017. – PowerPoint PPT presentation

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Title: Connected Trucks Market, Size, Share, Growth, Report (2018 to 2023)

Connected Truck Market by Range, Service,
Component , Communication, Vehicle and Region -
Global Forecast to 2022
North America Largest market for Connected
Truck North America is projected to be the
largest connected truck market from 2017 to 2022.
The market growth in the region can be attributed
to various factors such as increasing connected
devices in trucks, increasing digitization of
various services in fleet management, and
concerns of cybersecurity updates. Also,
strategic alliances between OEMs and
non-automotive companies, exceptional
communication infrastructure, and government
regulations for vehicle data security are
expected to fuel the demand for connected
trucks. PDF Brochure https//www.marketsa

Light Commercial Vehicle is estimated to hold the
largest market share during the forecast
period Along with the rise in light commercial
vehicle production, the demand for safety and
comfort features has also increased among the
end-users. According to the Organisation
Internationale des Constructeurs dAutomobiles
(OICA) statistics, the global light commercial
vehicle production has increased from 19.9
million units (2011) to 22.8 million units
(2016), at a CAGR of 2.76 over the period of
five years. Also, developing countries such as
China and India have witnessed significant
economic growth, which in turn is increasing the
demand for commercial trucks that are equipped
with connected devices to increase safety and
reduce the operating cost of fleets. The
considerable rise in digital services in fleets
and growing vehicle to cloud (V2C) communication
have increased the demand for connected devices,
which in turn would fuel the connected truck
market. Request for Customization
Browse gtgt 54 market data
tables 50 figures
145 pages and in-depth TOC on
Connected Truck Market- Global Forecast to
2022 Early buyers will receive 10
customization on this report. This is a
Premium Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
Dedicates Short-Range Communication (DSRC) for
connected truck is estimated to hold the largest
market share from 2017 to 2022 The growth of the
connected truck market is anticipated to be
driven by the increasing government mandates
regarding safety regulations. Various automotive
OEMs, especially in North America and Europe, are
offering driver assistance systems such as
adaptive cruise control, blind spot detection,
lane departure warning, and park assist system as
a standard application in their vehicles. OEMs
such as General Motors (US), Daimler (Germany),
Volvo (Germany), and Volkswagen (Germany) provide
these safety devices in their truck
models. Request Sample _at_ https//www.marketsa
  • Target Audience
  • The target audience of this report includes
  • Automobile manufacturers
  • Connected car devices manufacturers
  • Automobile organizations/associations
  • Cloud service providers
  • Compliance regulatory authorities
  • Government agencies
  • Information Technology (IT) companies system
  • Investors and Venture Capitalists (VCs)
  • Speak to analyst _at_ https//www.marketsandmarkets.c

  • Key players -
  • To enable an in-depth understanding of the
    competitive landscape, the report includes the
    profiles of some of the top players in the Cloud
    Based Solution Market. These include
  • Bosch (Germany)
  • Continental (Germany)
  • ZF Friedrichshafen AG (Germany).
  • Buy Now -
  • https//

ContactMr. Shelly SinghMarketsandMarkets
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