Report Overview
Connected trucks refer to commercial vehicles equipped with advanced technologies that enable communication and data exchange between the vehicle, other vehicles, infrastructure, and fleet management systems. These technologies include GPS tracking, telematics, sensors, and communication devices that provide real-time information on vehicle location, performance, maintenance needs, and driver behavior. Connected trucks play a crucial role in optimizing fleet operations, improving safety, reducing fuel consumption, and enhancing overall efficiency in the transportation and logistics industry.
The market for connected trucks is experiencing significant growth driven by several key factors. One of the primary market trends is the increasing demand for real-time monitoring and management of commercial vehicle fleets to improve operational efficiency and reduce costs. Connected trucks enable fleet managers to track vehicle location, monitor driver behavior, schedule maintenance proactively, and optimize route planning, leading to enhanced productivity and customer satisfaction. Additionally, regulatory mandates for improved road safety and environmental sustainability are driving the adoption of connected truck technologies, such as collision avoidance systems and eco-driving solutions.
Furthermore, the proliferation of Internet of Things (IoT) technology and advancements in artificial intelligence are fueling market growth by enabling more sophisticated data analytics and predictive maintenance capabilities for connected trucks. These technologies allow for the integration of data from various sources, such as vehicle sensors, weather conditions, traffic patterns, and historical performance data, to provide actionable insights for fleet operators. As a result, connected trucks are becoming increasingly intelligent and autonomous, paving the way for future innovations in autonomous driving and platooning systems. At the same time, partnerships between truck manufacturers, technology providers, and fleet operators are driving collaboration and innovation in the connected truck ecosystem, leading to the development of integrated solutions that address the evolving needs of the transportation industry.
The global Connected Trucks market size was estimated at USD 31532.97 million in 2024 and is projected to reach USD 83237 million by 2033, exhibiting a CAGR of 12.90% during the forecast period.
This report provides a deep insight into the global Connected Trucks market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, PEST analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Connected Trucks Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Connected Trucks market in any manner.
Global Connected Trucks Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Denso
Bosch
Continental
Harman
Magna
TomTom
Sierra Wireless
ZF
NXP
Verizon
Market Segmentation (by Type)
Cybersecurity
Updates
Fleet Management
Market Segmentation (by Application)
Light Commercial Vehicles
Heavy Commercial Vehicles
Geographic Segmentation
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
- South America (Brazil, Argentina, Columbia, Rest of South America)
- The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Connected Trucks Market
- Overview of the regional outlook of the Connected Trucks Market:
- Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
- This enables you to anticipate market changes to remain ahead of your competitors
- You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
- The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
- Provision of market value data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Connected Trucks Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region from the consumer side and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 shares the main producing countries of Connected Trucks, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region during the forecast period.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment during the forecast period.
Chapter 13 is the main points and conclusions of the report.
Table of Contents 1 Research Methodology and Statistical Scope 1.1 Market Definition and Statistical Scope of Connected Trucks 1.2 Key Market Segments 1.2.1 Connected Trucks Segment by Type 1.2.2 Connected Trucks Segment by Application 1.3 Methodology & Sources of Information 1.3.1 Research Methodology 1.3.2 Research Process 1.3.3 Market Breakdown and Data Triangulation 1.3.4 Base Year 1.3.5 Report Assumptions & Caveats 1.4 Key Data of Global Auto Market 1.4.1 Global Automobile Production by Country 1.4.2 Global Automobile Production by Type 2 Connected Trucks Market Overview 2.1 Global Market Overview 2.1.1 Global Connected Trucks Market Size (M USD) Estimates and Forecasts (2020-2033) 2.1.2 Global Connected Trucks Sales Estimates and Forecasts (2020-2033) 2.2 Market Segment Executive Summary 2.3 Global Market Size by Region 3 Connected Trucks Market Competitive Landscape 3.1 Company Assessment Quadrant 3.2 Global Connected Trucks Product Life Cycle 3.3 Global Connected Trucks Sales by Manufacturers (2020-2025) 3.4 Global Connected Trucks Revenue Market Share by Manufacturers (2020-2025) 3.5 Connected Trucks Market Share by Company Type (Tier 1, Tier 2, and Tier 3) 3.6 Global Connected Trucks Average Price by Manufacturers (2020-2025) 3.7 Manufacturers Connected Trucks Sales Sites, Area Served, Product Type 3.8 Connected Trucks Market Competitive Situation and Trends 3.8.1 Connected Trucks Market Concentration Rate 3.8.2 Global 5 and 10 Largest Connected Trucks Players Market Share by Revenue 3.8.3 Mergers & Acquisitions, Expansion 4 Connected Trucks Industry Chain Analysis 4.1 Connected Trucks Industry Chain Analysis 4.2 Market Overview of Key Raw Materials 4.3 Midstream Market Analysis 4.4 Downstream Customer Analysis 5 The Development and Dynamics of Connected Trucks Market 5.1 Key Development Trends 5.2 Driving Factors 5.3 Market Challenges 5.4 Market Restraints 5.5 Industry News 5.5.1 New Product Developments 5.5.2 Mergers & Acquisitions 5.5.3 Expansions 5.5.4 Collaboration/Supply Contracts 5.6 PEST Analysis 5.6.1 Industry Policies Analysis 5.6.2 Economic Environment Analysis 5.6.3 Social Environment Analysis 5.6.4 Technological Environment Analysis 5.7 Global Connected Trucks Market Porter's Five Forces Analysis 5.7.1 Global Trade Frictions 5.7.2 Global Trade Frictions and Their Impacts to Connected Trucks Market 5.8 ESG Ratings of Leading Companies 6 Connected Trucks Market Segmentation by Type 6.1 Evaluation Matrix of Segment Market Development Potential (Type) 6.2 Global Connected Trucks Sales Market Share by Type (2020-2025) 6.3 Global Connected Trucks Market Size Market Share by Type (2020-2025) 6.4 Global Connected Trucks Price by Type (2020-2025) 7 Connected Trucks Market Segmentation by Application 7.1 Evaluation Matrix of Segment Market Development Potential (Application) 7.2 Global Connected Trucks Market Sales by Application (2020-2025) 7.3 Global Connected Trucks Market Size (M USD) by Application (2020-2025) 7.4 Global Connected Trucks Sales Growth Rate by Application (2020-2025) 8 Connected Trucks Market Sales by Region 8.1 Global Connected Trucks Sales by Region 8.1.1 Global Connected Trucks Sales by Region 8.1.2 Global Connected Trucks Sales Market Share by Region 8.2 Global Connected Trucks Market Size by Region 8.2.1 Global Connected Trucks Market Size by Region 8.2.2 Global Connected Trucks Market Size Market Share by Region 8.3 North America 8.3.1 North America Connected Trucks Sales by Country 8.3.2 North America Connected Trucks Market Size by Country 8.3.3 U.S. Market Overview 8.3.4 Canada Market Overview 8.3.5 Mexico Market Overview 8.4 Europe 8.4.1 Europe Connected Trucks Sales by Country 8.4.2 Europe Connected Trucks Market Size by Country 8.4.3 Germany Market Overview 8.4.4 France Market Overview 8.4.5 U.K. Market Overview 8.4.6 Italy Market Overview 8.4.7 Spain Market Overview 8.5 Asia Pacific 8.5.1 Asia Pacific Connected Trucks Sales by Region 8.5.2 Asia Pacific Connected Trucks Market Size by Region 8.5.3 China Market Overview 8.5.4 Japan Market Overview 8.5.5 South Korea Market Overview 8.5.6 India Market Overview 8.5.7 Southeast Asia Market Overview 8.6 South America 8.6.1 South America Connected Trucks Sales by Country 8.6.2 South America Connected Trucks Market Size by Country 8.6.3 Brazil Market Overview 8.6.4 Argentina Market Overview 8.6.5 Columbia Market Overview 8.7 Middle East and Africa 8.7.1 Middle East and Africa Connected Trucks Sales by Region 8.7.2 Middle East and Africa Connected Trucks Market Size by Region 8.7.3 Saudi Arabia Market Overview 8.7.4 UAE Market Overview 8.7.5 Egypt Market Overview 8.7.6 Nigeria Market Overview 8.7.7 South Africa Market Overview 9 Connected Trucks Market Production by Region 9.1 Global Production of Connected Trucks by Region(2020-2025) 9.2 Global Connected Trucks Revenue Market Share by Region (2020-2025) 9.3 Global Connected Trucks Production, Revenue, Price and Gross Margin (2020-2025) 9.4 North America Connected Trucks Production 9.4.1 North America Connected Trucks Production Growth Rate (2020-2025) 9.4.2 North America Connected Trucks Production, Revenue, Price and Gross Margin (2020-2025) 9.5 Europe Connected Trucks Production 9.5.1 Europe Connected Trucks Production Growth Rate (2020-2025) 9.5.2 Europe Connected Trucks Production, Revenue, Price and Gross Margin (2020-2025) 9.6 Japan Connected Trucks Production (2020-2025) 9.6.1 Japan Connected Trucks Production Growth Rate (2020-2025) 9.6.2 Japan Connected Trucks Production, Revenue, Price and Gross Margin (2020-2025) 9.7 China Connected Trucks Production (2020-2025) 9.7.1 China Connected Trucks Production Growth Rate (2020-2025) 9.7.2 China Connected Trucks Production, Revenue, Price and Gross Margin (2020-2025) 10 Key Companies Profile 10.1 Denso 10.1.1 Denso Basic Information 10.1.2 Denso Connected Trucks Product Overview 10.1.3 Denso Connected Trucks Product Market Performance 10.1.4 Denso Business Overview 10.1.5 Denso SWOT Analysis 10.1.6 Denso Recent Developments 10.2 Bosch 10.2.1 Bosch Basic Information 10.2.2 Bosch Connected Trucks Product Overview 10.2.3 Bosch Connected Trucks Product Market Performance 10.2.4 Bosch Business Overview 10.2.5 Bosch SWOT Analysis 10.2.6 Bosch Recent Developments 10.3 Continental 10.3.1 Continental Basic Information 10.3.2 Continental Connected Trucks Product Overview 10.3.3 Continental Connected Trucks Product Market Performance 10.3.4 Continental Business Overview 10.3.5 Continental SWOT Analysis 10.3.6 Continental Recent Developments 10.4 Harman 10.4.1 Harman Basic Information 10.4.2 Harman Connected Trucks Product Overview 10.4.3 Harman Connected Trucks Product Market Performance 10.4.4 Harman Business Overview 10.4.5 Harman Recent Developments 10.5 Magna 10.5.1 Magna Basic Information 10.5.2 Magna Connected Trucks Product Overview 10.5.3 Magna Connected Trucks Product Market Performance 10.5.4 Magna Business Overview 10.5.5 Magna Recent Developments 10.6 TomTom 10.6.1 TomTom Basic Information 10.6.2 TomTom Connected Trucks Product Overview 10.6.3 TomTom Connected Trucks Product Market Performance 10.6.4 TomTom Business Overview 10.6.5 TomTom Recent Developments 10.7 Sierra Wireless 10.7.1 Sierra Wireless Basic Information 10.7.2 Sierra Wireless Connected Trucks Product Overview 10.7.3 Sierra Wireless Connected Trucks Product Market Performance 10.7.4 Sierra Wireless Business Overview 10.7.5 Sierra Wireless Recent Developments 10.8 ZF 10.8.1 ZF Basic Information 10.8.2 ZF Connected Trucks Product Overview 10.8.3 ZF Connected Trucks Product Market Performance 10.8.4 ZF Business Overview 10.8.5 ZF Recent Developments 10.9 NXP 10.9.1 NXP Basic Information 10.9.2 NXP Connected Trucks Product Overview 10.9.3 NXP Connected Trucks Product Market Performance 10.9.4 NXP Business Overview 10.9.5 NXP Recent Developments 10.10 Verizon 10.10.1 Verizon Basic Information 10.10.2 Verizon Connected Trucks Product Overview 10.10.3 Verizon Connected Trucks Product Market Performance 10.10.4 Verizon Business Overview 10.10.5 Verizon Recent Developments 11 Connected Trucks Market Forecast by Region 11.1 Global Connected Trucks Market Size Forecast 11.2 Global Connected Trucks Market Forecast by Region 11.2.1 North America Market Size Forecast by Country 11.2.2 Europe Connected Trucks Market Size Forecast by Country 11.2.3 Asia Pacific Connected Trucks Market Size Forecast by Region 11.2.4 South America Connected Trucks Market Size Forecast by Country 11.2.5 Middle East and Africa Forecasted Sales of Connected Trucks by Country 12 Forecast Market by Type and by Application (2026-2033) 12.1 Global Connected Trucks Market Forecast by Type (2026-2033) 12.1.1 Global Forecasted Sales of Connected Trucks by Type (2026-2033) 12.1.2 Global Connected Trucks Market Size Forecast by Type (2026-2033) 12.1.3 Global Forecasted Price of Connected Trucks by Type (2026-2033) 12.2 Global Connected Trucks Market Forecast by Application (2026-2033) 12.2.1 Global Connected Trucks Sales (K Units) Forecast by Application 12.2.2 Global Connected Trucks Market Size (M USD) Forecast by Application (2026-2033) 13 Conclusion and Key Findings
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