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Research report explores the 15.14% CAGR connected truck market potentially worth $ 37.64 billion by 2022

Automotive and Transportation Market Research

Connected Truck market for automotive is projected to grow from USD 18.60 billion in 2017 to USD 37.64 billion by 2022, at a CAGR of 15.14%.

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The report segments the connected truck market and forecasts its size, by volume (for component & range) and value, on the basis of region (Asia Pacific, Europe, North America, and RoW), range type (dedicated short-range communication and long range), service type (fleet management and maintenance & OTA updates), component type (hardware (radar & lidar sensors and microcontroller) and software), communication type (vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), and vehicle-to-cloud (V2C)) and vehicle type (light commercial vehicle (LCV) and heavy commercial vehicle (HCV)).The qualitative analysis of advanced features is also provided. Inquire For Complete Report Copy of Connected Truck Market by Range (DSRC and Cellular), Service (Fleet Management and Cybersecurity & Updates), Component (Hardware and Software), Communication (V2V, V2I, and V2C), Vehicle (LCV and HCV), and Region - Global Forecast to 2022…ing?rname=1229435

The fleet management service is estimated to account for the largest share of the connected truck market, by service type in 2017.Various digital systems such as GPS tracking, remote diagnostics, fuel management, and driver information system are offered as standard features in trucks by OEMs. Hence, the growth of vehicle-to-cloud (V2C) communication for the connected truck market is expected to be driven by the increasing number of digital applications in trucks.

In North America and Europe, OEMs such as General Motors (US), Daimler (Germany), Volvo (Sweden), and Volkswagen (Germany) offer embedded fleet solutions in their truck models.

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Furthermore, these services will help the automotive companies to analyze the data generated by the TCUs, which will provide the real-time solution by OTA updates through the cloud. The updates in TCU applications and real-time data analytics are expected to drive the connected truck market for fleet management service and V2C communication.

The dedicated short-range communication (DSRC)segment is estimated to hold the largest share of the global connected truck market in 2017. This segment is estimated to grow at a significant CAGR and is expected to remain the largest market during the forecast period.

The growth of the automotive DSRC segment is driven by the increasing driver assistance systems such as adaptive cruise control, park assist system, lane departure warning, and blind spot detection.

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Target Audience Include Connected Truck Market Report:

  • Automobile manufacturers
  • Connected car devices manufacturers
  • Automobile organizations/associations
  • Cloud service providers
  • Compliance regulatory authorities
  • Government agencies
  • Information Technology (IT) companies & system integrators
  • Investors and Venture Capitalists (VCs)

Get “Connected Truck Market” spread across 145 pages, profiling 12 companies and supported with 54 tables and 50 figures is now available at…ase?rname=1229435

Top 12 Companies Analyzed for Connected Truck Market are – Bosch(Germany), Continental (Germany), Denso Corporation (Japan), Delphi (UK), Harman International (US), ZF Friedrichshafen AG(Germany), NXP Semiconductors(Netherlands), Magna(Canada), Sierra Wireless (Canada), TomTom (Netherlands), Trimble (US), Verizon Communications (US),

Fundamental Key Point from Table of Content:

Industry Trends and Technology Overview
Value Chain Analysis
Connectivity (4G, 4G LTE & 5G)
Semiconductor Components: ICS and Microcontrollers
Autonomous Driving
Impact of Big Data, IoT, and Data Analytics
Technology Roadmap

Connected Truck Market, By Range
Dedicated Short Range Communication (DSRC)
Adaptive Cruise Control (ACC)
Blind Spot Warning (BSW)
Forward Collision Warning (FCW)
Lane Departure Warning (LDW)
Park Assist System (PAS)
Emergency Brake Assist (EBA)
Long Range (Telematics Control Unit)

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Connected Trucks Market, By Components Type
Radar & Lidar Sensors

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