Global Overview of Truck Video Safety Solutions Market
Advanced solutions, which include integration of advance driver assistance systems (ADAS) and surveillance to the existing video solutions, are expected to catch up during the mid term.
Total Truck Video Safety Solutions Market: Key Findings, Global, 2014
Size of the total truck video safety market is approximately in 2014, with % of the total sales contribution coming from 2014.
North America, by far, is the biggest market. It accounts for% of the total installed-base, followed by Europe with a % share.
Driver behavior management, driver coaching with forwarding monitoring, and driver monitoring fulfills the need of the hour for fleet operators.
The total truck video safety market is expected to grow at a compound annual growth rate (CAGR) of % from 2014 to 2021, surpassing million units by 2020.
Together, Lytx Inc., SmartDrive Systems Inc., and Bendix CVS LLC hold a combined market share of about% in 2014, globally.
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