Connected Truck Market Is Booming Worldwide | Denso, Trimble, Verizon Communications, Harman International

The latest study released on the Global Connected Truck Market by AMA Research evaluates market size, trend, and forecast to 2030. The Connected Truck market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors. Some of the Major Key Players in this report are Bosch (Germany), Continental (Germany), Verizon Communications (United States), Harman International (United States), Denso Corporation (Japan), Magna (Canada), Delphi (United Kingdom), Trimble (United States), NXP (Netherlands).

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Definition: Connected trucks refer to the autonomous trucks which can send and receive data. The emergence of connectivity solution and technological advancement in the automobile industry propelling the connected trucks market growth. For instance, Volvo Trucks launched first connected, electric, and autonomous solution intended for projects in factories, ports, logistics centers. Further, the growing focus on telematics in the connected trucks expected to drive the demand for connected trucks market over the forecasted period. According to AMA, the Global Connected Truck market is expected to see growth rate of 16.57%.

Market Opportunities:

Rising Demand from the Developing Economies

Emphasizing On Development of Autonomous Trucks

Market Trends:

Technological Advancement in the Automobile Industry

Increasing Need for Vehicle Connectivity in Transportation and Logistics Industry

Market Drivers:

Emergence of Telematics in the Connected Trucks

The Global Connected Truck Market segments and Market Data Break Down are illuminated below: by Services (Fleet Management, Maintenance (Cybersecurity & Updates)), Vehicle (Light Commercial Vehicles, Heavy Commercial Vehicles), Range (Dedicated Short Range, Long Range/Cellular Network), Communication (Vehicle-To-Vehicle (V2V), Vehicle-To-Infrastructure (V2I), Vehicle-To-Cloud (V2C)), Components (Hardware, Software)

Global Connected Truck market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

North America (United States, Mexico & Canada)

South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report

-To carefully analyze and forecast the size of the Connected Truck market by value and volume.

-To estimate the market shares of major segments of the Connected Truck

-To showcase the development of the Connected Truck market in different parts of the world.

-To analyze and study micro-markets in terms of their contributions to the Connected Truck market, their prospects, and individual growth trends.

-To offer precise and useful details about factors affecting the growth of the Connected Truck

-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Connected Truck market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Major highlights from Table of Contents:

Connected Truck Market Study Coverage:

It includes major manufacturers, emerging player’s growth story, and major business segments of Connected Truck market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.

Connected Truck Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.

Connected Truck Market Production by Region Connected Truck Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

Key Points Covered in Connected Truck Market Report:

Connected Truck Overview, Definition and Classification Market drivers and barriers

Connected Truck Market Competition by Manufacturers

Connected Truck Capacity, Production, Revenue (Value) by Region (2023-2028)

Connected Truck Supply (Production), Consumption, Export, Import by Region (2023-2028)

Connected Truck Production, Revenue (Value), Price Trend by Type

Connected Truck Market Analysis by Application

Connected Truck Manufacturers Profiles/Analysis Connected Truck Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing

Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered

How feasible is Connected Truck market for long-term investment?

What are influencing factors driving the demand for Connected Truck near future?

What is the impact analysis of various factors in the Global Connected Truck market growth?

What are the recent trends in the regional market and how successful they are?

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