Connected Trucks Market by Communication Type (Vehicle-to-Cloud (V2C), Vehicle-to-Infrastructure (V2I), Vehicle-to-Vehicle (V2V)), Range (Dedicated Short-range Communication (ADAS), Long-range (Telematics Control Unit)), Vehicle - Global Forecast 2024-203

Connected Trucks Market by Communication Type (Vehicle-to-Cloud (V2C), Vehicle-to-Infrastructure (V2I), Vehicle-to-Vehicle (V2V)), Range (Dedicated Short-range Communication (ADAS), Long-range (Telematics Control Unit)), Vehicle - Global Forecast 2024-2030


The Connected Trucks Market size was estimated at USD 42.13 billion in 2023 and expected to reach USD 48.30 billion in 2024, at a CAGR 14.85% to reach USD 111.08 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Connected Trucks Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Connected Trucks Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Connected Trucks Market, highlighting leading vendors and their innovative profiles. These include AB Volvo, Aptiv Global Operations Limited, Blue Energy Motors, BorgWarner Inc., Continental AG, Daimler Truck AG, Denso Corporation, Ford Motor Company, General Motors Company, Geotab Inc., HARMAN International, Magna International Inc., Mercedes-Benz Group AG, MiX Telematics International (Pty) Ltd., NXP Semiconductors N.V., PACCAR Inc., Robert Bosch GmbH, Sierra Wireless, Inc., Tata Motors Ltd., Thales Group, TomTom International BV, Traton SE, Trimble Inc., Verizon Communications Inc., and ZF Friedrichshafen AG.

Market Segmentation & Coverage


This research report categorizes the Connected Trucks Market to forecast the revenues and analyze trends in each of the following sub-markets:

Communication Type
Vehicle-to-Cloud (V2C)
Vehicle-to-Infrastructure (V2I)
Vehicle-to-Vehicle (V2V)
Range
Dedicated Short-range Communication (ADAS)
Long-range (Telematics Control Unit)
Vehicle
High Commercial Vehicle
Light Commercial Vehicle
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Connected Trucks Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Connected Trucks Market?
3. What are the technology trends and regulatory frameworks in the Connected Trucks Market?
4. What is the market share of the leading vendors in the Connected Trucks Market?
5. Which modes and strategic moves are suitable for entering the Connected Trucks Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Connected Trucks Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising demand for efficiency in fleet management operations
5.1.1.2. Growing emphasis on enhanced driver safety and performance
5.1.1.3. Increasing adoption of connected trucks for inventory and supply chain management
5.1.2. Restraints
5.1.2.1. High installation cost and technical complexity of connected trucks
5.1.3. Opportunities
5.1.3.1. Technological innovations and integration of video streaming solutions in the connected trucks
5.1.3.2. Advancements in telematics and connectivity technologies
5.1.4. Challenges
5.1.4.1. Concerns associated with data privacy and data security
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Connected Trucks Market, by Communication Type
6.1. Introduction
6.2. Vehicle-to-Cloud (V2C)
6.3. Vehicle-to-Infrastructure (V2I)
6.4. Vehicle-to-Vehicle (V2V)
7. Connected Trucks Market, by Range
7.1. Introduction
7.2. Dedicated Short-range Communication (ADAS)
7.3. Long-range (Telematics Control Unit)
8. Connected Trucks Market, by Vehicle
8.1. Introduction
8.2. High Commercial Vehicle
8.3. Light Commercial Vehicle
9. Americas Connected Trucks Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Connected Trucks Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Connected Trucks Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. AB Volvo
13.1.2. Aptiv Global Operations Limited
13.1.3. Blue Energy Motors
13.1.4. BorgWarner Inc.
13.1.5. Continental AG
13.1.6. Daimler Truck AG
13.1.7. Denso Corporation
13.1.8. Ford Motor Company
13.1.9. General Motors Company
13.1.10. Geotab Inc.
13.1.11. HARMAN International
13.1.12. Magna International Inc.
13.1.13. Mercedes-Benz Group AG
13.1.14. MiX Telematics International (Pty) Ltd.
13.1.15. NXP Semiconductors N.V.
13.1.16. PACCAR Inc.
13.1.17. Robert Bosch GmbH
13.1.18. Sierra Wireless, Inc.
13.1.19. Tata Motors Ltd.
13.1.20. Thales Group
13.1.21. TomTom International BV
13.1.22. Traton SE
13.1.23. Trimble Inc.
13.1.24. Verizon Communications Inc.
13.1.25. ZF Friedrichshafen AG
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. CONNECTED TRUCKS MARKET RESEARCH PROCESS
FIGURE 2. CONNECTED TRUCKS MARKET SIZE, 2023 VS 2030
FIGURE 3. CONNECTED TRUCKS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. CONNECTED TRUCKS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. CONNECTED TRUCKS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. CONNECTED TRUCKS MARKET DYNAMICS
FIGURE 7. CONNECTED TRUCKS MARKET SIZE, BY COMMUNICATION TYPE, 2023 VS 2030 (%)
FIGURE 8. CONNECTED TRUCKS MARKET SIZE, BY COMMUNICATION TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. CONNECTED TRUCKS MARKET SIZE, BY RANGE, 2023 VS 2030 (%)
FIGURE 10. CONNECTED TRUCKS MARKET SIZE, BY RANGE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. CONNECTED TRUCKS MARKET SIZE, BY VEHICLE, 2023 VS 2030 (%)
FIGURE 12. CONNECTED TRUCKS MARKET SIZE, BY VEHICLE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS CONNECTED TRUCKS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS CONNECTED TRUCKS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES CONNECTED TRUCKS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES CONNECTED TRUCKS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC CONNECTED TRUCKS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC CONNECTED TRUCKS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA CONNECTED TRUCKS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA CONNECTED TRUCKS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. CONNECTED TRUCKS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. CONNECTED TRUCKS MARKET SHARE, BY KEY PLAYER, 2023

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