Global Connected truck Market Analysis & Trends - Industry Forecast to 2027
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.
- Rest of Europe
- New Zealand
- Rest of Asia Pacific
- Saudi Arabia
- Rest of Middle East
- Rest of Latin America
Rest of the World
- South Africa
- 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
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