Connected Trucks Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The connected truck market is anticipated to register a CAGR of over 17% during the forecast period (2022 – 2028). Connected trucks are equipped with innovative technologies including Vehicle Management Systems (FMS), Advanced Driver Assistance Systems (ADAS) and other technologies. The connected truck’s functionality helps the driver to check the indicator light status, battery status, fuel level and other important information. Some of the features of the connected truck include Blind Spot Detection (BSD), Lane Keeping Assistance System (LKAS), Emergency Brake Assistance (EBA), and Lane Departure Warning (LDW). These features provide safety not only for drivers, but also for pedestrians and other vehicles.

Company Profile

• Robert Bosch GmbH
• Continental AG
• ZF Friedrichshafen
• Daimler AG
• Volvo
• Delphi Technologies
• Denso Corporation

Market Segmentation

By Range : Dedicated Short Range Communication (Adaptive Cruise Control, Blind Spot Warning, Lane Departure Warning, Park Assist System, and Emergency Brake Assist), Long Range.

By Component Type: Hardware (Radar & Lidar Sensors, Microcontrollers), Software (Vehicle to Vehicle, Vehicle to Infrastructure and Vehicle to Cloud)

By Communication type: Vehicle to Vehicle (V2V), Vehicle to Infrastructure (V2I), Vehicle to Cloud (V2C)

By Vehicle type: Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)

Scope of the Report

The research study analyzes the Connected Trucks Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Connected Trucks Market Report

1. What was the Connected Trucks Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Connected Trucks Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Connected Trucks Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Key Benefits of Buying the Connected Trucks Market Report:

• Comprehensive analysis of the changing competitive landscape.
• Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
• The report offers an 8-year forecast and assessment of the Connected Trucks
• Helps in understanding the key product segments and their estimated growth rate.
• In-depth analysis of market drivers, restraints, trends, and opportunities.
• Comprehensive regional analysis of the Connected Trucks
• Extensive profiling of the key stakeholders of the business sphere.
• Detailed analysis of the factors influencing the growth of the Connected Trucks Market.