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Connected Truck Market by Range (DSRC and Cellular), Service (Fleet Management and Cybersecurity & Updates), Component (Hardware and Software), Communication (V2V, V2I, and V2C), Vehicle (LCV and HCV), and Region - Global Forecast to 2022

Connected Truck Market by Range (DSRC and Cellular), Service (Fleet Management and Cybersecurity & Updates), Component (Hardware and Software), Communication (V2V, V2I, and V2C), Vehicle (LCV and HCV), and Region - Global Forecast to 2022

“Stringent vehicle safety legislation and increasing demand for connected services are expected to fuel the demand for connected truck market”
The global connected truck market for automotive is projected to grow from USD 18.60 billion in 2017 to USD 37.64 billion by 2022, at a CAGR of 15.14%. The key factors driving the growth of the market include the increase in the vehicle safety legislation, industry compliances, and government regulations regarding safety and security of the vehicle. Other growth drivers include the increased demand for driver assistance system, which includes adaptive cruise control (ACC), blind spot warning (BSW), forward collision warning (FCW), lane departure warning (LDW), park assist system (PAS), and emergency brake assist (EBA). On the other hand, the lack of a strong network infrastructure in developing countries may hinder the growth of the connected truck market.

“Increasing number of fleet management services would drive the vehicle-to-cloud (V2C) segment across the globe”
The fleet management service is estimated to account for the largest share of the connected truck market, by service type in 2017. Various digital systems such as GPS tracking, remote diagnostics, fuel management, and driver information system are offered as standard features in trucks by OEMs. Hence, the growth of vehicle-to-cloud (V2C) communication for the connected truck market is expected to be driven by the increasing number of digital applications in trucks. In North America and Europe, OEMs such as General Motors (US), Daimler (Germany), Volvo (Sweden), and Volkswagen (Germany) offer embedded fleet solutions in their truck models. Furthermore, these services will help the automotive companies to analyze the data generated by the TCUs, which will provide the real-time solution by OTA updates through the cloud. The updates in TCU applications and real-time data analytics are expected to drive the connected truck market for fleet management service and V2C communication.

“Dedicated Short Range Communication (DSRC) –To remain predominant during the forecast period”
The dedicated short-range communication (DSRC) segment is estimated to hold the largest share of the global connected truck market in 2017. This segment is estimated to grow at a significant CAGR and is expected to remain the largest market during the forecast period. The growth of the automotive DSRC segment is driven by the increasing driver assistance systems such as adaptive cruise control, park assist system, lane departure warning, and blind spot detection.

The study contains insights of various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
• By Company Type: Tier 1 – 55%, Tier 2 – 20%, Tier 3– 25%
• By Designation: C level – 55%, D level – 25%, Others – 20%
• By Region: North America – 20%, Europe – 30%, Asia Pacific – 30%, RoW – 20%

Major players profiled in the report are:
• Bosch (Germany)
• Continental (Germany)
• Denso Corporation (Japan)
• Delphi (UK)
• Harman International (US)
• ZF Friedrichshafen AG (Germany)
• NXP Semiconductors (Netherlands)
• Magna (Canada)
• Sierra Wireless (Canada)
• TomTom (Netherlands)
• Trimble (US)
• Verizon Communications (US)

Research Coverage:
The report segments the connected truck market and forecasts its size, by volume (for component & range) and value, on the basis of region (Asia Pacific, Europe, North America, and RoW), range type (dedicated short-range communication and long range), service type (fleet management and maintenance & OTA updates), component type (hardware (radar & lidar sensors and microcontroller) and software), communication type (vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), and vehicle-to-cloud (V2C)) and vehicle type (light commercial vehicle (LCV) and heavy commercial vehicle (HCV)). The qualitative analysis of advanced features is also provided.

Reasons to Buy the Report:
This report contains various levels of analysis, including industry analysis (industry trends, technology overview, and competitive leadership mapping), and company profiles, which together comprise and discuss the basic views on the emerging and high growth segments of the connected truck market, competitive landscape matrix, high-growth regions and countries, government initiatives, and market dynamics such as drivers, restraints, opportunities, and challenges.

The report enables new entrants and smaller firms as well as established firms to understand the market better to help them to acquire a larger market share. Firms purchasing the report could use any one or a combination of the below-mentioned four strategies (market development, product development/innovation, market diversification, and competitive assessment) to strengthen their position in the market.

The report provides insights into the following points:
• Market Penetration: The report offers comprehensive information about the connected truck market and the top 12 players in the market.
• Product Development/Innovation: The report provides detailed insights into upcoming technologies, R&D activities, and new product launches in the connected truck market.
• Market Development: The report offers comprehensive information about the connected truck market. The report analyzes the connected truck market for automotive across regions and provides comprehensive information about lucrative emerging markets.
• Market Diversification: The report provides exhaustive information about new products, untapped regional markets, recent developments, and investments in the connected truck market.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • CONNECTED TRUCK MARKET SEGMENTATION
      • YEARS CONSIDERED IN THE REPORT
    • CURRENCY & PRICING
      • Table CURRENCY EXCHANGE RATES (W.R.T USD)
    • PACKAGE SIZE
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
    • SECONDARY DATA
      • KEY SECONDARY SOURCES
      • KEY DATA FROM SECONDARY SOURCES
    • PRIMARY DATA
      • SAMPLING TECHNIQUES & DATA COLLECTION METHODS
      • PRIMARY PARTICIPANTS
    • FACTOR ANALYSIS
      • DEMAND-SIDE ANALYSIS
      • SUPPLY-SIDE ANALYSIS
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • CONNECTED TRUCK MARKET, 2017 VS 2022 (USD BILLION)
    • CONNECTED TRUCK MARKET, BY REGION
    • CONNECTED TRUCK MARKET, BY RANGE
    • CONNECTED TRUCK MARKET, BY SERVICE
    • CONNECTED TRUCK MARKET, BY VEHICLE TYPE
    • CONNECTED TRUCK MARKET, BY COMPONENT TYPE
    • CONNECTED TRUCK MARKET, BY COMMUNICATION TYPE
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
      • MACRO INDICATORS INFLUENCING THE CONNECTED TRUCK MARKET FOR THE AUTOMOTIVE INDUSTRY FOR TOP 3 LEADING NATIONS
        • Table US: INCREASING SALES OF COMMERCIAL VEHICLES EXPECTED TO DRIVE CONNECTED TRUCK MARKET
        • Table CHINA: RISING GVA PERCENTAGE CONTRIBUTION IN GDP IS EXPECTED TO DRIVE THE DOMESTIC DEMAND DURING THE FORECAST PERIOD
        • Table JAPAN: RISING DEBT-GDP RATIO TO BE THE MOST CRUCIAL INDICATOR GIVEN ITS EXCESSIVELY WEAK PERFORMANCE IN THE RECENT PAST
  • INDUSTRY TRENDS AND TECHNOLOGY OVERVIEW
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • CONNECTIVITY (4G, 4G LTE & 5G)
    • SEMICONDUCTOR COMPONENTS: ICS AND MICROCONTROLLERS
    • AUTONOMOUS DRIVING
    • IMPACT OF BIG DATA, IOT, AND DATA ANALYTICS
    • TECHNOLOGY ROADMAP
  • CONNECTED TRUCK MARKET, BY RANGE
    • INTRODUCTION
      • Table CONNECTED TRUCK MARKET SIZE, BY RANGE, 2015-2022 (`000 UNITS)
      • Table CONNECTED TRUCK MARKET, BY RANGE, 2015-2022 (USD MILLION)
    • DEDICATED SHORT RANGE COMMUNICATION (DSRC)
      • Table DEDICATED SHORT-RANGE COMMUNICATION MARKET SIZE, BY PRODUCT, 2015-2022 (`000 UNITS)
      • Table DEDICATED SHORT-RANGE COMMUNICATION MARKET SIZE, BY PRODUCT, 2015-2022 (USD MILLION)
      • Table DEDICATED SHORT-RANGE COMMUNICATION MARKET SIZE, BY REGION, 2015-2022 (`000 UNITS)
      • Table DEDICATED SHORT-RANGE COMMUNICATION MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • ADAPTIVE CRUISE CONTROL (ACC)
        • Table ADAPTIVE CRUISE CONTROL MARKET SIZE, BY REGION, 2015-2022 (`000 UNITS)
        • Table ADAPTIVE CRUISE CONTROL MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • BLIND SPOT WARNING (BSW)
        • Table BLIND SPOT WARNING MARKET SIZE, BY REGION, 2015-2022 (`000 UNITS)
        • Table BLIND SPOT WARNING MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • FORWARD COLLISION WARNING (FCW)
        • Table FORWARD COLLISION WARNING MARKET SIZE, BY REGION, 2015-2022 (`000 UNITS)
        • Table FORWARD COLLISION WARNING MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • LANE DEPARTURE WARNING (LDW)
        • Table LANE DEPARTURE WARNING MARKET SIZE, BY REGION, 2015-2022 (`000 UNITS)
        • Table LANE DEPARTURE WARNING MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • PARK ASSIST SYSTEM (PAS)
        • Table PARK ASSIST SYSTEM MARKET SIZE, BY REGION, 2015-2022 (`000 UNITS)
        • Table PARK ASSIST SYSTEM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • EMERGENCY BRAKE ASSIST (EBA)
        • Table EMERGENCY BRAKE ASSIST MARKET SIZE, BY REGION, 2015-2022 (`000 UNITS)
        • Table EMERGENCY BRAKE ASSIST MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • LONG RANGE (TELEMATICS CONTROL UNIT)
      • Table LONG RANGE (TELEMATICS CONTROL UNIT) MARKET SIZE, 2015-2022 (`000 UNITS)
      • Table LONG RANGE (TELEMATICS CONTROL UNIT) MARKET SIZE, 2015-2022 (USD MILLION)
  • CONNECTED TRUCKS MARKET, BY COMPONENTS TYPE
    • INTRODUCTION
      • Table CONNECTED TRUCK MARKET, BY COMPONENT, 2015-2022 (MILLION UNITS)
      • Table CONNECTED TRUCK MARKET, BY COMPONENT, 2015-2022 (USD MILLION)
    • HARDWARE
      • Table HARDWARE MARKET SIZE, BY REGION, 2015-2022 (MILLION UNITS)
      • Table HARDWARE MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • RADAR & LIDAR SENSORS
        • Table RADAR & LIDAR SENSORS MARKET SIZE, BY REGION, 2015-2022 (MILLION UNITS)
        • Table RADAR & LIDAR SENSORS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • MICROCONTROLLERS
        • Table MICROCONTROLLER MARKET SIZE, BY REGION, 2015-2022 (MILLION UNITS)
        • Table MICROCONTROLLER MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • SOFTWARE
      • Table SOFTWARE MARKET SIZE, BY REGION, 2015-2022 (MILLION UNITS)
      • Table SOFTWARE MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • CONNECTED TRUCK MARKET, BY COMMUNICATION TYPE
    • INTRODUCTION
      • Table CONNECTED TRUCK MARKET SIZE, BY COMMUNICATION TYPE, 2015-2022 (USD MILLION)
      • VEHICLE TO VEHICLE (V2V)
        • Table CONNECTED TRUCK MARKET FOR V2V COMMUNICATION, BY REGION, 2015-2022 (USD MILLION)
      • VEHICLE TO INFRASTRUCTURE (V2I)
        • Table CONNECTED TRUCK MARKET FOR V2I COMMUNICATION, BY REGION, 2015-2022 (USD MILLION)
      • VEHICLE TO CLOUD (V2C)
        • Table CONNECTED TRUCK MARKET FOR V2C COMMUNICATION, BY REGION, 2015-2022 (USD MILLION)
  • CONNECTED TRUCK MARKET, BY SERVICE
    • INTRODUCTION
      • Table CONNECTED TRUCK MARKET SIZE, BY SERVICE, 2015-2022 (USD MILLION)
    • FLEET MANAGEMENT SERVICE
      • Table FLEET MANAGEMENT SERVICE MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • TRACKING & MONITORING
        • Table TRACKING & MONITORING MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • FLEET ANALYTICS
        • Table FLEET ANALYTICS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • DRIVER INFORMATION SYSTEM
        • Table DRIVER INFORMATION SYSTEM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • REMOTE DIAGNOSTICS
        • Table REMOTE DIAGNOSTIC MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • FUEL MANAGEMENT SYSTEM
        • Table FUEL MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • MAINTENANCE SERVICE (CYBERSECURITY & OTA UPDATES)
      • Table MAINTENANCE SERVICE (CYBERSECURITY & OTA UPDATES) MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • CONNECTED TRUCK MARKET, BY VEHICLE TYPE
    • INTRODUCTION
      • Table CONNECTED TRUCK MARKET SIZE, BY VEHICLE TYPE, 2015-2022 (USD MILLION)
      • LIGHT COMMERCIAL VEHICLE (LCV)
        • Table LIGHT COMMERCIAL VEHICLE MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • HEAVY COMMERCIAL VEHICLE (HCV)
        • Table HEAVY COMMERCIAL VEHICLE MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • CONNECTED TRUCK MARKET, BY REGION
    • INTRODUCTION
      • Table CONNECTED TRUCK MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • ASIA PACIFIC
        • Table ASIA PACIFIC: CONNECTED TRUCK MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • EUROPE
        • Table EUROPE: CONNECTED TRUCK MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • NORTH AMERICA
        • Table NORTH AMERICA: CONNECTED TRUCK MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • REST OF THE WORLD
        • Table REST OF THE WORLD: CONNECTED TRUCK MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
  • COMPANY PROFILE
    • ROBERT BOSCH
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • CONTINENTAL
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • DENSO
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • DELPHI
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • HARMAN
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • ZF
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • NXP
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • MAGNA
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • SIERRA WIRELESS
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • TOMTOM
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • TRIMBLE
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • VERIZON
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
      • ADDITIONAL COMPANY PROFILES
    • RELATED REPORTS
    • AUTHOR DETAILS

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