Global connected truck market is predicted to reach US$ 40 Billion by 2027, growing at a CAGR of over +15% during the forecast period, due to the growing demand for vehicle connectivity in logistics and transportation business.
Connected vehicles have direct access to the Internet, which enables connectivity to all other devices, such as smartphones and traffic lights. They are efficient in warning drivers of upcoming problems on the road or within the vehicle. They also provide improved convenience and assistance to drivers. The technology can actively stabilize vehicles, thereby reducing the engine workload.
Report Consultant has announced the addition of a new market intelligence report. The global Connected Truck Market report serves with all-inclusive, highly-effective, and thoroughly analyzed information in a well-organized manner, based on actual facts, about the Market. The whole information from scratch to the financial and management level of the established industries associated with the Connected Truck Market at the global level is initially acquired by the dedicated team.
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Top Key Players Covered in Connected Truck Market:
Denso, Company B, Delphi, Harman, Bosch, Continental, Scania AB, Volvo Group (Sweden), Paccar Inc. (U.S.), Renault, DAF Trucks, and IVECO
A connected truck market is equipped with advance technology such as advanced driver assist system (ADAS) and fleet management system (FMS), which broadcast on the screen vehicle improvement, fuel management, driver assist system, and others. Connected trucks are employed with features that provide the driver instant status information and control of the vehicle remotely. In a connected truck, the driver can check the current fuel level, battery status, light status, and other information.
North America, Latin America, Asia-Pacific, Africa, and Europe have been examined by researchers to get an analysis of technological advancements across the globe and their impact on the connected truck market. The rising needs of transportation and the growing prevalence of logistics are the major key factors stimulating the growth of the market. The number of key vendors is situated in the global region. Researchers throw light on the adoption of successful strategies which has been carried out by top-level industries.
Reasons for purchasing this research report:
- It offers a comprehensive analysis of macroeconomic factors of the global market
- Detailed perceptions into ongoing technological advancements along with their effect on the global Connected Truck market
- Analysis of global economic landscape across the global regions
- It offers an understanding of global market divisions and sub- divisions
- It provides wide-ranging research on global sales tactics and practices
- It offers a thorough analysis of key players working across the global regions
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On the other hand, it gives a clear idea of the financial aspects of the businesses. The increasing adoption of logistics industry contributing to the growth of the Connected Truck Market. It lists the driving and restraining factors of the businesses for understanding the various up-down stages of the businesses. Finally, it offers a comparative study of industries which helps to understand the global competition at different platforms.
This connected truck Market statistical report provides a wide-ranging research on the key players and in-depth insights which include the competitiveness of the trending players. Mergers, acquisitions, partnerships, collaborations and contracts are the most significant business tactics that are adopted by the foremost players and are also recognized and scrutinized in the report. The connected truck market research report recognizes their manufacturing base, product type, competitors, applications, pricing, gross margin and specifications. SWOT analysis is one of the major parameters based on which these companies are outlined.
In This Study, The Years Considered To Estimate The Size Of Connected Truck Market Are As Follows:
- History Year: 2015-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2027
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