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Connected Truck Market By Communication Type, By Range, By Vehicle Type, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 356 Pages
  • August 2022
  • Region: Global
  • Allied Market Research
  • ID: 5670871
Description Jump to:
Connected truck provides real-time data of current fuel level, battery status, light status, and other information. Moreover, connected truck can also communicate and share data with other systems outside the truck with the aid of internet access. The growth of the connected truck market is witnessing growth, due to increase in use of telematics in automotive sector, and ease of vehicle diagnosis. However, threat of cyber-attacks, and lack of uninterrupted & seamless internet connectivity are the factors hampering the growth of the market. Furthermore, development of self-driving trucks is the factor expected to offer growth opportunities during the forecast period.

Launch of new connected trucks by several automobile manufacturing companies is the primary factor driving the growth of the market. For instance, in March 2021, Tata Motors launched its Ultra Sleek T-Series smart trucks with connected technology in India. These smart trucks are designed to meet the needs of the urban transportation. These trucks will be available in three variants such as T.6, T.7, and T.9. In June 2019, Eicher Trucks and Buses unveiled Eicher Pro 2000 Series, which is BS-VI compliant range of light-duty trucks. This series of trucks are equipped with Bluetooth connectivity, infotainment, touch-screen along with smart cabin with two driver configuration.

The connected truck market is segmented on the basis of communication type, range, vehicle type, application, and region. By communication type, it is classified into vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), and vehicle-to-cloud (V2C). By range, it is categorized into dedicated short range, and long range/cellular network. By vehicle type, it is categorized into light commercial vehicle, and heavy commercial vehicle. By application, it is fragmented into drive assistance, safety, entertainment, well-being, vehicle management, and mobility management. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the connected truck market analysis from 2021 to 2031 to identify the prevailing connected truck market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the connected truck market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global connected truck market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Communication Type

  • Vehicle-To-Vehicle
  • Vehicle-To-Cloud
  • Vehicle-To-Infrastructure

By Range

  • Dedicated Short Range
  • Long Range/Cellular Network

By Vehicle Type

  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

By Application

  • Driver Assistance
  • Safety
  • Entertainment
  • Well-being
  • Vehicle Management
  • Mobility Management

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Continental AG
  • AB Volvo
  • BorgWarner Inc.
  • Denso Corporation
  • Harman International
  • Magna International Inc.
  • Mercedes-Benz Group AG
  • Robert Bosch GmbH
  • Verizon Communications Inc.
  • ZF Friedrichshafen AG
  • Sierra Wireless, Inc.
  • Geotab Inc.
  • TomTom International BV
  • Trimble Inc.
  • MiX Telematics

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: CONNECTED TRUCK MARKET, BY COMMUNICATION TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Vehicle-To-Vehicle
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Vehicle-To-Cloud
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Vehicle-To-Infrastructure
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
CHAPTER 5: CONNECTED TRUCK MARKET, BY RANGE
5.1 Overview
5.1.1 Market size and forecast
5.2 Dedicated Short Range
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Long Range/Cellular Network
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: CONNECTED TRUCK MARKET, BY VEHICLE TYPE
6.1 Overview
6.1.1 Market size and forecast
6.2 Light Commercial Vehicles
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Heavy Commercial Vehicles
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
CHAPTER 7: CONNECTED TRUCK MARKET, BY APPLICATION
7.1 Overview
7.1.1 Market size and forecast
7.2 Driver Assistance
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Safety
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
7.4 Entertainment
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market analysis by country
7.5 Well-being
7.5.1 Key market trends, growth factors and opportunities
7.5.2 Market size and forecast, by region
7.5.3 Market analysis by country
7.6 Vehicle Management
7.6.1 Key market trends, growth factors and opportunities
7.6.2 Market size and forecast, by region
7.6.3 Market analysis by country
7.7 Mobility Management
7.7.1 Key market trends, growth factors and opportunities
7.7.2 Market size and forecast, by region
7.7.3 Market analysis by country
CHAPTER 8: CONNECTED TRUCK MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Communication Type
8.2.3 North America Market size and forecast, by Range
8.2.4 North America Market size and forecast, by Vehicle Type
8.2.5 North America Market size and forecast, by Application
8.2.6 North America Market size and forecast, by country
8.2.6.1 U.S.
8.2.6.1.1 Market size and forecast, by Communication Type
8.2.6.1.2 Market size and forecast, by Range
8.2.6.1.3 Market size and forecast, by Vehicle Type
8.2.6.1.4 Market size and forecast, by Application
8.2.6.2 Canada
8.2.6.2.1 Market size and forecast, by Communication Type
8.2.6.2.2 Market size and forecast, by Range
8.2.6.2.3 Market size and forecast, by Vehicle Type
8.2.6.2.4 Market size and forecast, by Application
8.2.6.3 Mexico
8.2.6.3.1 Market size and forecast, by Communication Type
8.2.6.3.2 Market size and forecast, by Range
8.2.6.3.3 Market size and forecast, by Vehicle Type
8.2.6.3.4 Market size and forecast, by Application
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Communication Type
8.3.3 Europe Market size and forecast, by Range
8.3.4 Europe Market size and forecast, by Vehicle Type
8.3.5 Europe Market size and forecast, by Application
8.3.6 Europe Market size and forecast, by country
8.3.6.1 UK
8.3.6.1.1 Market size and forecast, by Communication Type
8.3.6.1.2 Market size and forecast, by Range
8.3.6.1.3 Market size and forecast, by Vehicle Type
8.3.6.1.4 Market size and forecast, by Application
8.3.6.2 Germany
8.3.6.2.1 Market size and forecast, by Communication Type
8.3.6.2.2 Market size and forecast, by Range
8.3.6.2.3 Market size and forecast, by Vehicle Type
8.3.6.2.4 Market size and forecast, by Application
8.3.6.3 France
8.3.6.3.1 Market size and forecast, by Communication Type
8.3.6.3.2 Market size and forecast, by Range
8.3.6.3.3 Market size and forecast, by Vehicle Type
8.3.6.3.4 Market size and forecast, by Application
8.3.6.4 Russia
8.3.6.4.1 Market size and forecast, by Communication Type
8.3.6.4.2 Market size and forecast, by Range
8.3.6.4.3 Market size and forecast, by Vehicle Type
8.3.6.4.4 Market size and forecast, by Application
8.3.6.5 Rest of Europe
8.3.6.5.1 Market size and forecast, by Communication Type
8.3.6.5.2 Market size and forecast, by Range
8.3.6.5.3 Market size and forecast, by Vehicle Type
8.3.6.5.4 Market size and forecast, by Application
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Communication Type
8.4.3 Asia-Pacific Market size and forecast, by Range
8.4.4 Asia-Pacific Market size and forecast, by Vehicle Type
8.4.5 Asia-Pacific Market size and forecast, by Application
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Market size and forecast, by Communication Type
8.4.6.1.2 Market size and forecast, by Range
8.4.6.1.3 Market size and forecast, by Vehicle Type
8.4.6.1.4 Market size and forecast, by Application
8.4.6.2 India
8.4.6.2.1 Market size and forecast, by Communication Type
8.4.6.2.2 Market size and forecast, by Range
8.4.6.2.3 Market size and forecast, by Vehicle Type
8.4.6.2.4 Market size and forecast, by Application
8.4.6.3 Japan
8.4.6.3.1 Market size and forecast, by Communication Type
8.4.6.3.2 Market size and forecast, by Range
8.4.6.3.3 Market size and forecast, by Vehicle Type
8.4.6.3.4 Market size and forecast, by Application
8.4.6.4 South Korea
8.4.6.4.1 Market size and forecast, by Communication Type
8.4.6.4.2 Market size and forecast, by Range
8.4.6.4.3 Market size and forecast, by Vehicle Type
8.4.6.4.4 Market size and forecast, by Application
8.4.6.5 Rest of Asia-Pacific
8.4.6.5.1 Market size and forecast, by Communication Type
8.4.6.5.2 Market size and forecast, by Range
8.4.6.5.3 Market size and forecast, by Vehicle Type
8.4.6.5.4 Market size and forecast, by Application
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Communication Type
8.5.3 LAMEA Market size and forecast, by Range
8.5.4 LAMEA Market size and forecast, by Vehicle Type
8.5.5 LAMEA Market size and forecast, by Application
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Latin America
8.5.6.1.1 Market size and forecast, by Communication Type
8.5.6.1.2 Market size and forecast, by Range
8.5.6.1.3 Market size and forecast, by Vehicle Type
8.5.6.1.4 Market size and forecast, by Application
8.5.6.2 Middle East
8.5.6.2.1 Market size and forecast, by Communication Type
8.5.6.2.2 Market size and forecast, by Range
8.5.6.2.3 Market size and forecast, by Vehicle Type
8.5.6.2.4 Market size and forecast, by Application
8.5.6.3 Africa
8.5.6.3.1 Market size and forecast, by Communication Type
8.5.6.3.2 Market size and forecast, by Range
8.5.6.3.3 Market size and forecast, by Vehicle Type
8.5.6.3.4 Market size and forecast, by Application
CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments
CHAPTER 10: COMPANY PROFILES
10.1 Continental AG
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 AB Volvo
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 BorgWarner Inc.
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 Denso Corporation
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 Harman International
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 Magna International Inc.
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 Mercedes-Benz Group AG
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 Robert Bosch GmbH
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 Verizon Communications Inc.
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 ZF Friedrichshafen AG
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
10.11 Sierra Wireless, Inc.
10.11.1 Company overview
10.11.2 Company snapshot
10.11.3 Operating business segments
10.11.4 Product portfolio
10.11.5 Business performance
10.11.6 Key strategic moves and developments
10.12 Geotab Inc.
10.12.1 Company overview
10.12.2 Company snapshot
10.12.3 Operating business segments
10.12.4 Product portfolio
10.12.5 Business performance
10.12.6 Key strategic moves and developments
10.13 TomTom International BV
10.13.1 Company overview
10.13.2 Company snapshot
10.13.3 Operating business segments
10.13.4 Product portfolio
10.13.5 Business performance
10.13.6 Key strategic moves and developments
10.14 Trimble Inc.
10.14.1 Company overview
10.14.2 Company snapshot
10.14.3 Operating business segments
10.14.4 Product portfolio
10.14.5 Business performance
10.14.6 Key strategic moves and developments
10.15 MiX Telematics
10.15.1 Company overview
10.15.2 Company snapshot
10.15.3 Operating business segments
10.15.4 Product portfolio
10.15.5 Business performance
10.15.6 Key strategic moves and developments
List of Tables
Table 1. Global Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 2. Digital Shipyard Market Size, for Military Shipyards, by Region, 2021-2031 ($Million)
Table 3. Digital Shipyard Market for Military Shipyards, by Country, 2021-2031 ($Million)
Table 4. Digital Shipyard Market Size, for Commercial Shipyards, by Region, 2021-2031 ($Million)
Table 5. Digital Shipyard Market for Commercial Shipyards, by Country, 2021-2031 ($Million)
Table 6. Global Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 7. Digital Shipyard Market Size, for Artificial Intelligence & Big Data Analytics, by Region, 2021-2031 ($Million)
Table 8. Digital Shipyard Market for Artificial Intelligence & Big Data Analytics, by Country, 2021-2031 ($Million)
Table 9. Digital Shipyard Market Size, for Robotic Process Automation, by Region, 2021-2031 ($Million)
Table 10. Digital Shipyard Market for Robotic Process Automation, by Country, 2021-2031 ($Million)
Table 11. Digital Shipyard Market Size, for Ar & Vr, by Region, 2021-2031 ($Million)
Table 12. Digital Shipyard Market for Ar & Vr, by Country, 2021-2031 ($Million)
Table 13. Digital Shipyard Market Size, for Others, by Region, 2021-2031 ($Million)
Table 14. Digital Shipyard Market for Others, by Country, 2021-2031 ($Million)
Table 15. Global Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 16. Digital Shipyard Market Size, for Small Shipyards, by Region, 2021-2031 ($Million)
Table 17. Digital Shipyard Market for Small Shipyards, by Country, 2021-2031 ($Million)
Table 18. Digital Shipyard Market Size, for Medium Shipyards, by Region, 2021-2031 ($Million)
Table 19. Digital Shipyard Market for Medium Shipyards, by Country, 2021-2031 ($Million)
Table 20. Digital Shipyard Market Size, for Large Shipyards, by Region, 2021-2031 ($Million)
Table 21. Digital Shipyard Market for Large Shipyards, by Country, 2021-2031 ($Million)
Table 22. Global Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 23. Digital Shipyard Market Size, for Semi-Digital Shipyard, by Region, 2021-2031 ($Million)
Table 24. Digital Shipyard Market for Semi-Digital Shipyard, by Country, 2021-2031 ($Million)
Table 25. Digital Shipyard Market Size, for Fully-Digital Shipyard, by Region, 2021-2031 ($Million)
Table 26. Digital Shipyard Market for Fully-Digital Shipyard, by Country, 2021-2031 ($Million)
Table 27. Digital Shipyard Market, by Region, 2021-2031 ($Million)
Table 28. North America Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 29. North America Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 30. North America Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 31. North America Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 32. North America Digital Shipyard Market, by Country, 2021-2031 ($Million)
Table 33. U.S. Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 34. U.S. Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 35. U.S. Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 36. U.S. Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 37. Canada Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 38. Canada Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 39. Canada Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 40. Canada Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 41. Mexico Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 42. Mexico Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 43. Mexico Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 44. Mexico Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 45. Europe Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 46. Europe Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 47. Europe Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 48. Europe Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 49. Europe Digital Shipyard Market, by Country, 2021-2031 ($Million)
Table 50. U.K. Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 51. U.K. Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 52. U.K. Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 53. U.K. Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 54. Germany Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 55. Germany Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 56. Germany Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 57. Germany Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 58. France Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 59. France Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 60. France Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 61. France Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 62. Italy Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 63. Italy Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 64. Italy Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 65. Italy Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 66. Greece Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 67. Greece Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 68. Greece Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 69. Greece Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 70. Norway Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 71. Norway Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 72. Norway Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 73. Norway Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 74. Denmark Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 75. Denmark Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 76. Denmark Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 77. Denmark Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 78. Rest of Europe Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 79. Rest of Europe Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 80. Rest of Europe Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 81. Rest of Europe Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 82. Asia-Pacific Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 83. Asia-Pacific Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 84. Asia-Pacific Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 85. Asia-Pacific Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 86. Asia-Pacific Digital Shipyard Market, by Country, 2021-2031 ($Million)
Table 87. China Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 88. China Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 89. China Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 90. China Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 91. Japan Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 92. Japan Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 93. Japan Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 94. Japan Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 95. India Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 96. India Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 97. India Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 98. India Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 99. South Korea Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 100. South Korea Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 101. South Korea Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 102. South Korea Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 103. Singapore Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 104. Singapore Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 105. Singapore Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 106. Singapore Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 107. Rest of Asia-Pacific Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 108. Rest of Asia-Pacific Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 109. Rest of Asia-Pacific Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 110. Rest of Asia-Pacific Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 111. LAMEA Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 112. LAMEA Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 113. LAMEA Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 114. LAMEA Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 115. LAMEA Digital Shipyard Market, by Country, 2021-2031 ($Million)
Table 116. Latin America Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 117. Latin America Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 118. Latin America Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 119. Latin America Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 120. Middle East Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 121. Middle East Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 122. Middle East Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 123. Middle East Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 124. Africa Digital Shipyard Market, by Type, 2021-2031 ($Million)
Table 125. Africa Digital Shipyard Market, by Technology, 2021-2031 ($Million)
Table 126. Africa Digital Shipyard Market, by Capacity, 2021-2031 ($Million)
Table 127. Africa Digital Shipyard Market, by Digitalization Level, 2021-2031 ($Million)
Table 128. Accenture: Company Snapshot
Table 129. Accenture: Operating Segments
Table 130. Accenture: Product Portfolio
Table 131. Accenture: Net Sales
Table 132. Accenture: Key Stratergies
Table 133. Altair Engineering, Inc.: Company Snapshot
Table 134. Altair Engineering, Inc.: Operating Segments
Table 135. Altair Engineering, Inc.: Product Portfolio
Table 136. Altair Engineering, Inc.: Net Sales
Table 137. Altair Engineering, Inc.: Key Stratergies
Table 138. Aras Corporation: Company Snapshot
Table 139. Aras Corporation: Operating Segments
Table 140. Aras Corporation: Product Portfolio
Table 141. Aras Corporation: Net Sales
Table 142. Aras Corporation: Key Stratergies
Table 143. Aveva Group plc: Company Snapshot
Table 144. Aveva Group plc: Operating Segments
Table 145. Aveva Group plc: Product Portfolio
Table 146. Aveva Group plc: Net Sales
Table 147. Aveva Group plc: Key Stratergies
Table 148. Bae Systems: Company Snapshot
Table 149. Bae Systems: Operating Segments
Table 150. Bae Systems: Product Portfolio
Table 151. Bae Systems: Net Sales
Table 152. Bae Systems: Key Stratergies
Table 153. Damen Shipyards Group: Company Snapshot
Table 154. Damen Shipyards Group: Operating Segments
Table 155. Damen Shipyards Group: Product Portfolio
Table 156. Damen Shipyards Group: Net Sales
Table 157. Damen Shipyards Group: Key Stratergies
Table 158. Dassault Systemes: Company Snapshot
Table 159. Dassault Systemes: Operating Segments
Table 160. Dassault Systemes: Product Portfolio
Table 161. Dassault Systemes: Net Sales
Table 162. Dassault Systemes: Key Stratergies
Table 163. Hexagon: Company Snapshot
Table 164. Hexagon: Operating Segments
Table 165. Hexagon: Product Portfolio
Table 166. Hexagon: Net Sales
Table 167. Hexagon: Key Stratergies
Table 168. Ibaset: Company Snapshot
Table 169. Ibaset: Operating Segments
Table 170. Ibaset: Product Portfolio
Table 171. Ibaset: Net Sales
Table 172. Ibaset: Key Stratergies
Table 173. Inmarsat plc.: Company Snapshot
Table 174. Inmarsat plc.: Operating Segments
Table 175. Inmarsat plc.: Product Portfolio
Table 176. Inmarsat plc.: Net Sales
Table 177. Inmarsat plc.: Key Stratergies
Table 178. Kranendonk Smart Robotics: Company Snapshot
Table 179. Kranendonk Smart Robotics: Operating Segments
Table 180. Kranendonk Smart Robotics: Product Portfolio
Table 181. Kranendonk Smart Robotics: Net Sales
Table 182. Kranendonk Smart Robotics: Key Stratergies
Table 183. Pemamek Ltd.: Company Snapshot
Table 184. Pemamek Ltd.: Operating Segments
Table 185. Pemamek Ltd.: Product Portfolio
Table 186. Pemamek Ltd.: Net Sales
Table 187. Pemamek Ltd.: Key Stratergies
Table 188. Sap: Company Snapshot
Table 189. Sap: Operating Segments
Table 190. Sap: Product Portfolio
Table 191. Sap: Net Sales
Table 192. Sap: Key Stratergies
Table 193. Siemens: Company Snapshot
Table 194. Siemens: Operating Segments
Table 195. Siemens: Product Portfolio
Table 196. Siemens: Net Sales
Table 197. Siemens: Key Stratergies
Table 198. Wartsila: Company Snapshot
Table 199. Wartsila: Operating Segments
Table 200. Wartsila: Product Portfolio
Table 201. Wartsila: Net Sales
Table 202. Wartsila: Key Stratergies
Table 203. Kreyon Systems Pvt Ltd. (Key Innovators): Company Snapshot
Table 204. Kreyon Systems Pvt Ltd. (Key Innovators): Operating Segments
Table 205. Kreyon Systems Pvt Ltd. (Key Innovators): Product Portfolio
Table 206. Kreyon Systems Pvt Ltd. (Key Innovators): Net Sales
Table 207. Kreyon Systems Pvt Ltd. (Key Innovators): Key Stratergies
Table 208. Prostep AG (Key Innovators): Company Snapshot
Table 209. Prostep AG (Key Innovators): Operating Segments
Table 210. Prostep AG (Key Innovators): Product Portfolio
Table 211. Prostep AG (Key Innovators): Net Sales
Table 212. Prostep AG (Key Innovators): Key Stratergies
List of Figures
Figure 1. Connected Truck Market Segmentation
Figure 2. Connected Truck Market,2021-2031
Figure 3. Connected Truck Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Connected Truck Market:Drivers, Restraints and Opportunities
Figure 12. Connected Truck Market,By Communication Type,2021(%)
Figure 13. Comparative Share Analysis of Vehicle-To-Vehicle Connected Truck Market,2021-2031(%)
Figure 14. Comparative Share Analysis of Vehicle-To-Cloud Connected Truck Market,2021-2031(%)
Figure 15. Comparative Share Analysis of Vehicle-To-Infrastructure Connected Truck Market,2021-2031(%)
Figure 16. Connected Truck Market,By Range,2021(%)
Figure 17. Comparative Share Analysis of Dedicated Short Range Connected Truck Market,2021-2031(%)
Figure 18. Comparative Share Analysis of Long Range/Cellular Network Connected Truck Market,2021-2031(%)
Figure 19. Connected Truck Market,By Vehicle Type,2021(%)
Figure 20. Comparative Share Analysis of Light Commercial Vehicles Connected Truck Market,2021-2031(%)
Figure 21. Comparative Share Analysis of Heavy Commercial Vehicles Connected Truck Market,2021-2031(%)
Figure 22. Connected Truck Market,By Application,2021(%)
Figure 23. Comparative Share Analysis of Driver Assistance Connected Truck Market,2021-2031(%)
Figure 24. Comparative Share Analysis of Safety Connected Truck Market,2021-2031(%)
Figure 25. Comparative Share Analysis of Entertainment Connected Truck Market,2021-2031(%)
Figure 26. Comparative Share Analysis of Well-Being Connected Truck Market,2021-2031(%)
Figure 27. Comparative Share Analysis of Vehicle Management Connected Truck Market,2021-2031(%)
Figure 28. Comparative Share Analysis of Mobility Management Connected Truck Market,2021-2031(%)
Figure 29. Connected Truck Market by Region,2021
Figure 30. U.S. Connected Truck Market,2021-2031($Million)
Figure 31. Canada Connected Truck Market,2021-2031($Million)
Figure 32. Mexico Connected Truck Market,2021-2031($Million)
Figure 33. Uk Connected Truck Market,2021-2031($Million)
Figure 34. Germany Connected Truck Market,2021-2031($Million)
Figure 35. France Connected Truck Market,2021-2031($Million)
Figure 36. Russia Connected Truck Market,2021-2031($Million)
Figure 37. Rest of Europe Connected Truck Market,2021-2031($Million)
Figure 38. China Connected Truck Market,2021-2031($Million)
Figure 39. India Connected Truck Market,2021-2031($Million)
Figure 40. Japan Connected Truck Market,2021-2031($Million)
Figure 41. South Korea Connected Truck Market,2021-2031($Million)
Figure 42. Rest of Asia-Pacific Connected Truck Market,2021-2031($Million)
Figure 43. Latin America Connected Truck Market,2021-2031($Million)
Figure 44. Middle East Connected Truck Market,2021-2031($Million)
Figure 45. Africa Connected Truck Market,2021-2031($Million)
Figure 46. Top Winning Strategies, by Year
Figure 47. Top Winning Strategies, by Development
Figure 48. Top Winning Strategies, by Company
Figure 49. Product Mapping of Top 10 Players
Figure 50. Competitive Dashboard
Figure 51. Competitive Heatmap of Top 10 Key Players
Figure 52. Continental AG.: Net Sales ,($Million)
Figure 53. Ab Volvo.: Net Sales ,($Million)
Figure 54. Borgwarner Inc..: Net Sales ,($Million)
Figure 55. Denso Corporation.: Net Sales ,($Million)
Figure 56. Harman International.: Net Sales ,($Million)
Figure 57. Magna International Inc..: Net Sales ,($Million)
Figure 58. Mercedes-Benz Group AG.: Net Sales ,($Million)
Figure 59. Robert Bosch GmbH.: Net Sales ,($Million)
Figure 60. Verizon Communications Inc..: Net Sales ,($Million)
Figure 61. Zf Friedrichshafen AG.: Net Sales ,($Million)
Figure 62. Sierra Wireless, Inc..: Net Sales ,($Million)
Figure 63. Geotab Inc..: Net Sales ,($Million)
Figure 64. Tomtom International Bv.: Net Sales ,($Million)
Figure 65. Trimble Inc..: Net Sales ,($Million)
Figure 66. Mix Telematics.: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Connected Truck Market," the connected truck market was valued at $22.20 billion in 2021, and is estimated to reach $97.38 billion by 2031, growing at a CAGR of 16.1% from 2022 to 2031.

North America is expected to dominate the global connected truck market in 2021. The connected truck market in North America is anticipated to experience significant growth due to the incorporation of new telematics platform for safe and cost-effective fleet management and investment partnership between telematics and automobile insurance companies. In addition, incorporation of advanced telematics solutions by leading market players also fuels the growth of the connected truck market in North America.

The connected truck market will be affected by the recent trend of development of self-driving trucks. Top OEM’s such as Tesla, Volvo, Vera, and Daimler among others, have been developing self-driving trucks for the market. Startups such as Waymo, Einride, TuSimple, and others, have also started developing self-driving trucks. For instance, Tesla announced a plan to launch its self-driving electric truck by the end of 2022.

For instance, Waymo has started testing its self-driving trucks since January 2020. Similarly, TuSimple plans to operate autonomous trucking routes between Pheonix and Tucson in Arizona and some areas in Texas. Further, in May 2019, Einride started its testing for driver-less trucks. In January 2019, Daimler announced an investment of $570 million for self-driving trucks (Level 4). Thus, self-driving technology is expected to increase demand the for connected trucks and electric vehicles in the long run due to the various advantages such as reduced accident risk, easy use, and presence of value-added features among others.

The growth of the connected truck market is witnessing growth, due to increase in use of telematics in automotive sector, and ease of vehicle diagnosis. However, threat of cyber-attacks, and lack of uninterrupted & seamless internet connectivity are the factors hampering the growth of the market. Furthermore, development of self-driving trucks is the factor expected to offer growth opportunities during the forecast period.

COVID-19 Impact Analysis

  • The impact of the COVID-19 pandemic has resulted in supply-chain disruptions causing decline in the sales of automobiles, shortage of semiconductor components, and temporary shutdown of many production sites across the globe, which in turn impacted the demand for connected trucks. For instance, in 2020, global automobiles production recorded a drop of 16% in vehicle production.
  • In addition, several automobile manufacturers faced shortage of components such as semiconductor chips, and others, which further resulted in delay in production of connected trucks. Heavy-duty truck manufacturers are still struggling to keep up with demand as shortages of semiconductors and other parts curb production.
  • COVID-19 also impacted the production of trucks across the globe. It forced automobile manufacturers to temporarily shut down their production plants, owing to lack of workforce. For instance, in May 2020, Ford temporarily shut down its two separate production plants as the employees tested positive for COVID-19. One plant in Chicago that manufactures Ford Explorer, the Lincoln Aviator, and Ford Interceptor; and the second plant in Dearborn Michigan that manufactures F-150 pickup truck, were temporarily shut down.
  • However, with the easing of lockdown restrictions, several truck manufacturing companies has observed growth in the sales of truck and buses, which fuels the growth of the connected truck market during the forecast period. For instance, in 2021, Daimler Truck has reported 20% year-on-year growth in sales of truck and buses with 455,400 units sold across the globe.

Key Findings of the Study

  • By communication type, the vehicle-to-infrastructure segment is anticipated to exhibit significant growth in the near future.
  • By range, the dedicated short range segment is anticipated to exhibit significant growth in the near future.
  • By vehicle type, the heavy commercial vehicles segment is anticipated to exhibit significant growth in the near future.
  • By application, the driver assistance segment is anticipated to exhibit significant growth in the near future.
  • By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
  • Key players operating in the global connected truck market include AB Volvo, Borgwarner Inc. (Delphi Technologies Plc), Continental AG, Denso Corporation, Geotab Inc., HARMAN International, Magna International Inc., Mix Telematics, Robert Bosch GmbH, Sierra Wireless, TomTom International BV, Trimble Inc., Verizon Communications, and ZF Friedrichshafen AG.

Companies Mentioned

  • Continental AG
  • Ab Volvo
  • Borgwarner Inc.
  • Denso Corporation
  • Harman International
  • Magna International Inc.
  • Mercedes-Benz Group AG
  • Robert Bosch GmbH
  • Verizon Communications Inc.
  • Zf Friedrichshafen AG
  • Sierra Wireless, Inc.
  • Geotab Inc.
  • Tomtom International Bv
  • Trimble Inc.
  • Mix Telematics

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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