RNRMarketResearch.com

Connected Truck Market Size, Share, Growth, Trends, Outlook to 2022

Press Release   •   Jan 18, 2018 06:53 EST

Study papers on Connected Truck market and regional forecast. Connected Truck market players 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).

Download Brochure of Connected Truck Market spread across 145 pages, Profiling 12 Companies and Supported with 54 Tables and 50 Figures is now available at http://www.rnrmarketresearch.com/contacts/request-sample?rname=1229435

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%. The key factors driving the growth of the market include the increase in the vehicle safety legislation, industry compliances, and government regulations regarding safety and security of the vehicle.

Target Audience:

  • 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 More Information on Connected Truck Market with Top Company Profiles and Overview at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=1229435

Industry Trends and Technology Overview

1 Introduction
2 Value Chain Analysis
3 Connectivity (4G, 4G LTE & 5G)
4 Semiconductor Components: ICS and Microcontrollers
5 Autonomous Driving
6 Impact of Big Data, IoT, and Data Analytics
7 Technology Roadmap

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. 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.

Get Discount on “Connected Truck Market” Report is now available at http://www.rnrmarketresearch.com/contacts/discount?rname=1229435

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.

About Us:

RnRMarketResearch.comis your single source for all market research needs. Our database includes 100,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

Contact Us:
Corporate Headquarters
2nd floor, metropole,
Next to inox theatre,
Bund garden road, Pune-411001.
+ 1 888 391 5441 sales@rnrmarketresearch.com