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Connected Truck Market Report 2025

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    Report

  • 200 Pages
  • February 2025
  • Region: Global
  • The Business Research Company
  • ID: 5820179
The connected truck market size has grown rapidly in recent years. It will grow from $34.6 billion in 2024 to $40.13 billion in 2025 at a compound annual growth rate (CAGR) of 16%. The growth in the historic period can be attributed to increased telematics integration, increased fuel efficiency and emission compliance, demand for enhanced safety, fleet management optimization, regulatory compliance.

The connected truck market size is expected to see rapid growth in the next few years. It will grow to $74.47 billion in 2029 at a compound annual growth rate (CAGR) of 16.7%. The growth in the forecast period can be attributed to increasing autonomous and semi-autonomous driving, predictive maintenance solutions, smart city initiatives, environmental sustainability goals, data monetization opportunities. Major trends in the forecast period include predictive maintenance solutions, enhanced telematics and fleet management, integration of IoT sensors, eco-friendly solutions, driver assistance systems.

The increasing average fuel efficiency is expected to boost the growth of the connected trucks market in the future. Fuel-efficient vehicles are characterized by the distance they can travel per unit of fuel consumed. Connected trucks contribute to fuel efficiency by optimizing routes and minimizing traffic delays, which helps reduce fuel consumption and enhance overall efficiency. For instance, in December 2023, reports from the Environmental Protection Agency (EPA), a U.S. governmental agency, indicated that most vehicle categories reached their highest fuel economy levels ever, with sport utility vehicles experiencing a 2.4 mpg improvement in the 2022 model year. Thus, the rise in average fuel efficiency is driving the expansion of the connected trucks market.

The upsurge in digitalization is expected to drive the growth of the connected truck market in the foreseeable future. Digitalization involves leveraging digital technologies to transform business models and create new sources of revenue and value. Connected trucks are integral to the digital transformation of the transportation industry, providing real-time data and insights to enhance operational efficiency, safety, and sustainability through improved communication between trucks. In November 2022, a report by Zippia revealed that globally, 70% of organizations have adopted digitalization strategies, with 56% of CEOs acknowledging enhanced profits due to digital improvements. This escalating trend in digitalization is a significant factor fueling the expansion of the connected trucks market.

Technological advancements emerge as a prominent trend gaining traction within the connected truck market. Key industry players are actively embracing new technologies to fortify their market positions. A noteworthy example is Volvo Trucks North America, a US-based truck company, which, in March 2023, introduced the Connected Vehicle Analytics (CVA) tool. This tool collects real-time data from fleet operations, encompassing details such as truck configurations, daily routes, average speed, and fuel consumption. The CVA tool empowers dealers to monitor fleet utilization, identify opportunities for optimization, and enhance efficiency and productivity. Volvo Trucks' CVA tool provides quantitative insights into a customer's fleet performance, aiding in informed decision-making when considering updates or adjustments to truck specifications.

Major players in the connected truck sector are actively pursuing collaboration and partnerships to deliver reliable services to their customers. A strategic partnership, characterized by structured affiliations through business agreements or contracts, is a key focus. PACCAR Inc., a US-based manufacturer of large commercial trucks, exemplified this approach in January 2023 by partnering with Platform Science, a US-based provider of telematics and fleet management tools. This collaboration integrates Platform Science's Virtual Vehicle technology with the PACCAR Connect telematics system, offering standardized telematics operating systems and an application store. This integration allows trucks to access software solutions, real-time vehicle data, and third-party applications directly.

In March 2022, Einride, a technology company based in Sweden, formed a partnership with A.P. Moller-Maersk. This collaboration aims to incorporate autonomous electric vehicles into Maersk's logistics network, promoting sustainable transportation and lowering carbon emissions in freight operations. A.P. Moller-Maersk, a logistics company located in Denmark, specializes in shipping and logistics, including innovations related to connected trucks.

Major companies operating in the connected truck market include Robert Bosch GmbH, Continental AG, Denso Corporation, ZF Friedrichshafen AG, Magna International Inc., Daimler AG, Harman International, Aptiv Global Operations Limited, Sierra Wireless Inc., Mercedes-Benz Group AG, Aktiebolaget Volvo, NXP Semiconductors NV, Verizon Communications Inc., Trimble Inc., Borgwarner Inc., Geotab Inc., Mix Telematics, TomTom International BV, Traton SE, Tata Motors Ltd., PACCAR Inc., DAF Trucks N.V., WABCO Vehicle Control Systems, Stoneridge Inc., Navistar International Corporation, Scania AB, Iveco Group NV, AT&T Fleet Complete, KeepTruckin Inc., Omnitracs LLC.

North America was the largest region in the connected truck market in 2024. Europe is expected to be the fastest-growing region in the global connected truck market report during the forecast period. The regions covered in the connected truck market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the connected truck market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A connected truck refers to a commercial vehicle equipped with advanced connected vehicle technology that enables communication with other vehicles, devices, and systems in its environment. This technology facilitates real-time communication of the truck's location with nearby vehicles and infrastructure, triggering automated responses to enhance the driving experience and overall safety.

Connected trucks come in two main types, light commercial vehicles (LCVs) and heavy commercial vehicles. LCVs are generally smaller and lighter than heavy commercial vehicles, such as trucks and buses. They are commonly used for various commercial purposes, including delivery vehicles, passenger vans, and small business utility vehicles. The communication ranges in connected trucks are achieved through dedicated short-range and long-range or cellular networks, forming different communication channels such as vehicle-to-vehicle (V2V), vehicle-to-cloud (V2C), and vehicle-to-infrastructure (V2I). These connected features find applications in various areas, including driver assistance, safety, entertainment, well-being, vehicle management, and mobility management.

The connected truck market research report is one of a series of new reports that provides connected truck market statistics, including connected truck industry global market size, regional shares, competitors with a connected truck market share, detailed connected truck market segments, market trends and opportunities, and any further data you may need to thrive in the connected truck industry. This connected truck market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The connected truck market consists of revenues earned by entities by providing remote diagnostics of vehicles, software uptime services, predictive services of trucks, and diagnostic-related advice. The market value includes the value of related goods sold by the service provider or included within the service offering. The connected truck market also includes sales of 3D accelerometers, monitor doors, trunks, hatches, and motion sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary2. Connected Truck Market Characteristics3. Connected Truck Market Trends and Strategies4. Connected Truck Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market
5. Global Connected Truck Growth Analysis and Strategic Analysis Framework
5.1. Global Connected Truck PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis of End Use Industries
5.3. Global Connected Truck Market Growth Rate Analysis
5.4. Global Connected Truck Historic Market Size and Growth, 2019-2024, Value ($ Billion)
5.5. Global Connected Truck Forecast Market Size and Growth, 2024-2029, 2034F, Value ($ Billion)
5.6. Global Connected Truck Total Addressable Market (TAM)
6. Connected Truck Market Segmentation
6.1. Global Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
6.2. Global Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Dedicated Short Range
  • Long Range or Cellular Network
6.3. Global Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Vehicle to Vehicle (V2V)
  • Vehicle to Cloud (V2C)
  • Vehicle to Infrastructure (V2I)
6.4. Global Connected Truck Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Driver Assistance
  • Safety
  • Entertainment
  • Well-being
  • Vehicle Management
  • Mobility Management
6.5. Global Connected Truck Market, Sub-Segmentation of Light Commercial Vehicles, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Delivery Vans
  • Pickup Trucks
  • Small Cargo Vehicles
6.6. Global Connected Truck Market, Sub-Segmentation of Heavy Commercial Vehicles, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Trucks
  • Trailers
  • Buses
7. Connected Truck Market Regional and Country Analysis
7.1. Global Connected Truck Market, Split by Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Connected Truck Market, Split by Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Connected Truck Market
8.1. Asia-Pacific Connected Truck Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Connected Truck Market
9.1. China Connected Truck Market Overview
9.2. China Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Connected Truck Market
10.1. India Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Connected Truck Market
11.1. Japan Connected Truck Market Overview
11.2. Japan Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Connected Truck Market
12.1. Australia Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Connected Truck Market
13.1. Indonesia Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Connected Truck Market
14.1. South Korea Connected Truck Market Overview
14.2. South Korea Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Connected Truck Market
15.1. Western Europe Connected Truck Market Overview
15.2. Western Europe Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Connected Truck Market
16.1. UK Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Connected Truck Market
17.1. Germany Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Connected Truck Market
18.1. France Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Connected Truck Market
19.1. Italy Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Connected Truck Market
20.1. Spain Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Connected Truck Market
21.1. Eastern Europe Connected Truck Market Overview
21.2. Eastern Europe Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Connected Truck Market
22.1. Russia Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Connected Truck Market
23.1. North America Connected Truck Market Overview
23.2. North America Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Connected Truck Market
24.1. USA Connected Truck Market Overview
24.2. USA Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Connected Truck Market
25.1. Canada Connected Truck Market Overview
25.2. Canada Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Connected Truck Market
26.1. South America Connected Truck Market Overview
26.2. South America Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Connected Truck Market
27.1. Brazil Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Connected Truck Market
28.1. Middle East Connected Truck Market Overview
28.2. Middle East Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Connected Truck Market
29.1. Africa Connected Truck Market Overview
29.2. Africa Connected Truck Market, Segmentation by Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Connected Truck Market, Segmentation by Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Connected Truck Market, Segmentation by Communication Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Connected Truck Market Competitive Landscape and Company Profiles
30.1. Connected Truck Market Competitive Landscape
30.2. Connected Truck Market Company Profiles
30.2.1. Robert Bosch GmbH Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Continental AG Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Denso Corporation Overview, Products and Services, Strategy and Financial Analysis
30.2.4. ZF Friedrichshafen AG Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Magna International Inc. Overview, Products and Services, Strategy and Financial Analysis
31. Connected Truck Market Other Major and Innovative Companies
31.1. Daimler AG
31.2. Harman International
31.3. Aptiv Global Operations Limited
31.4. Sierra Wireless Inc.
31.5. Mercedes-Benz Group AG
31.6. Aktiebolaget Volvo
31.7. NXP Semiconductors NV
31.8. Verizon Communications Inc.
31.9. Trimble Inc.
31.10. Borgwarner Inc.
31.11. Geotab Inc.
31.12. Mix Telematics
31.13. TomTom International BV
31.14. Traton SE
31.15. Tata Motors Ltd.
32. Global Connected Truck Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Connected Truck Market34. Recent Developments in the Connected Truck Market
35. Connected Truck Market High Potential Countries, Segments and Strategies
35.1 Connected Truck Market in 2029 - Countries Offering Most New Opportunities
35.2 Connected Truck Market in 2029 - Segments Offering Most New Opportunities
35.3 Connected Truck Market in 2029 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Connected Truck Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on connected truck market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for connected truck? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The connected truck market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Vehicle Type: Light Commercial Vehicles; Heavy Commercial Vehicles
2) By Range: Dedicated Short Range; Long Range or Cellular Network
3) By Communication Type: Vehicle to Vehicle (V2V); Vehicle to Cloud (V2C); Vehicle to Infrastructure (V2I)
4) By Application: Driver Assistance; Safety; Entertainment; Well-being; Vehicle Management; Mobility Management

Subsegments:

1) By Light Commercial Vehicles: Delivery Vans; Pickup Trucks; Small Cargo Vehicles
2) By Heavy Commercial Vehicles: Trucks; Trailers; Buses

Key Companies Mentioned: Robert Bosch GmbH; Continental AG; Denso Corporation; ZF Friedrichshafen AG; Magna International Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Robert Bosch GmbH
  • Continental AG
  • Denso Corporation
  • ZF Friedrichshafen AG
  • Magna International Inc.
  • Daimler AG
  • Harman International
  • Aptiv Global Operations Limited
  • Sierra Wireless Inc.
  • Mercedes-Benz Group AG
  • Aktiebolaget Volvo
  • NXP Semiconductors NV
  • Verizon Communications Inc.
  • Trimble Inc.
  • Borgwarner Inc.
  • Geotab Inc.
  • Mix Telematics
  • TomTom International BV
  • Traton SE
  • Tata Motors Ltd.
  • PACCAR Inc.
  • DAF Trucks N.V.
  • WABCO Vehicle Control Systems
  • Stoneridge Inc.
  • Navistar International Corporation
  • Scania AB
  • Iveco Group NV
  • AT&T Fleet Complete
  • KeepTruckin Inc.
  • Omnitracs LLC

Table Information