Connected Trucks Market Next Big Thing | Major Giants- Continental AG, Daimler AG, Geotab

Market Insights Report published a new research publication on "Connected Trucks Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Connected Trucks market was mainly driven by the increasing R&D spending across the world.

Some of the key players profiled in the study are:
Bosch Connected Industry, CalAmp, Continental AG, Daimler AG (Germany), Fleet Complete, Geotab, MiX Telematics, Navistar International Corporation, Omnitracs, PACCAR Inc, Samsara Networks Inc, Scania AB (Sweden), Telefonaktiebolaget LM Ericsson, Teletrac Navman, TomTom Telematics, Trimble Inc, Verizon Connect, Volvo Group, WABCO Holdings Inc, ZF Friedrichshafen AG.

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Scope of the Report of Connected Trucks
The size of the Connected Trucks Market market was valued at USD 24.3 Billion in 2023 and is projected to reach USD 62.70 Billion by 2032, with an expected CAGR of 14.5% during the forecast period. The connected trucks market pertains to the incorporation of advanced communication, telematics, and IoT technologies into commercial trucks, facilitating real-time data sharing among vehicles, fleet managers, and other connected systems. This connectivity improves vehicle performance, safety, and operational efficiency, featuring applications like GPS tracking, route optimization, predictive maintenance, and driver behavior monitoring. The main market drivers consist of the increasing need for fleet management solutions, a heightened emphasis on enhancing fuel efficiency and minimizing operational expenses, and the emergence of smart cities featuring interconnected transportation systems.

The titled segments and sub-section of the market are illuminated below:
by Component (Hardware, Software, Service), by Connectivity (Vehicle-to-Infrastructure (V2I) communication, Vehicle-to-Cloud (V2C) communication, Vehicle-to-Vehicle (V2V) communication), by Range (Dedicated Short Range Communication (DSRC), Long range), by Vehicle (Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)), by Application (Fleet management, Safety & compliance, Remote diagnostics & maintenance, Infotainment & connectivity)

Market Drivers:
Increasing electric vehicle production and autonomous vehicle testing, Rising demand for ADAS features in modern vehicles, Increasing demand for real-time vehicle data, Surge in emission norms to reduce environmental impact, Rising demand for fleet management solutions

Market Trends:
Integration with autonomous and semi-autonomous vehicles
Predictive analytics for maintenance and diagnostics
Blockchain for secure data management

Restrains:
Lack of trained workforce for the development of advanced data loggers

What can be explored with the Connected Trucks Market Study?
• Gain Market Understanding
• Identify Growth Opportunities
• Analyse and Measure the Global Connected Trucks Market by Identifying Investment across various Industry Verticals
• Understand the Trends that will drive Future Changes in Connected Trucks
• Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Connected Trucks Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Connected Trucks market
Chapter 2: Exclusive Summary - the basic information of the Connected Trucks Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Connected Trucks
Chapter 4: Presenting the Connected Trucks Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2019-2023
Chapter 6: Evaluating the leading manufacturers of the Connected Trucks market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2032)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Connected Trucks Market is a valuable source of guidance for individuals and companies.

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