Connected Truck Telematics Market Outlook to 2027 - Continental AG, DAF, Daimler AG, Meritor WABCO, OTTO Motors, Peloton Technology, Scania AB and AB Volvo

Worldwide Connected Truck Telematics Market Analysis to 2027 is a specialized and in-depth study of the Connected Truck Telematics Industry with a focus on the global market trend. The report aims to provide an overview of global Connected Truck Telematics Market with detailed market segmentation by product/application and geography. The global Connected Truck Telematics Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Connected Truck Telematics players and offers key trends and opportunities in the market.

Fuel is estimated to be the second largest expense in managing fleets after payrolls. The need to optimize fuel usage and drive cost efficiencies have led the fleet managers to look for solutions that would give them insights into the various aspects of their fleets. Further untimely repairs and maintenance also add to the costs of the fleet managers where fleet downtime plays a significant role. Connected truck telematics provides all solutions related to notifying on the repair and maintenance aspects, provides insights into the fuel consumption data, and also establishes connections with other vehicles on the road for advanced driver assistance.

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Top Dominating Key Players:

1. Continental AG
2. DAF
3. Daimler AG
4. Daimler Fleetboard GmbH
5. Meritor WABCO
6. OTTO Motors
7. Peloton Technology
8. Scania AB
9. TomTom Internatinal B.V.
10. AB Volvo

Key Benefits-

• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Connected Truck Telematics Market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).

The emergence of vehicle telematics and the demands for advanced driver assist systems are anticipated to be the major factors driving the growing adoptions of connected truck telematics. Higher installations costs hinder the adoptions of connected truck telematics posing a challenge to the growth of the connected truck telematics market. Increasing entry of non-traditional telematics companies coupled with rising engagements with the concept of smart cities provides new opportunities to the players operating in the connected truck telematics market.

An off-the-shelf report on Connected Truck Telematics Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2027.

The Connected Truck Telematics Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

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Also, key connected truck telematics market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, the key development in the past five years.

Reason to Buy:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Connected Truck Telematics Market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Connected Truck Telematics, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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