Connected Truck Market - Forecast 2022 - 2027

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Connected Truck Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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• Connected truck market is expected to reach 51.5
  billion by 2025 at a CAGR of 17.5 during the
  forecast period 2020-2025.
•  The rise in digitization and increase in
  value-added integration are likely to boost the
  growth of the connected trucks market. Through
  connected truck technology, fleet operators are
  able to optimize factors such as fuel maintenance
  and driver wages, which together contribute more
  than 60 of the total cost of ownership.
• This trend is expected to continue to grow and it
  is estimated that by 2020, more than 35 million
  trucks globally will be connected. 

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• Key Takeaways
• Connected trucks market in North America is
  anticipated to register a significant growth over
  the forecast period, due to higher adoption rate,
  improved infrastructure and the expansion of the
  automotive sector in these region.
• Vehicle to Vehicle Communication is growing at a
  highest CAGR of 21.5 in the forecast period, as
  this technology helps vehicles form spontaneous
  wireless networks on the go and transfer data
  over an ad-hoc mesh network.

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By Communication type- Segment Analysis  Vehicle
to Vehicle Communication is growing at a highest
CAGR of 21.5 in the forecast period. As this
technology helps vehicles form spontaneous
wireless networks on the go and transfer data
over an ad-hoc mesh network. Each vehicle sends
reports about traffic and road conditions,
vehicle position and speed, route direction, and
loss of stability and brakes through V2V
communication. Several companies such as Tesla,
Toyota and others have been investing heavily for
the research and development activities in
Vehicle to Vehicle Communication technology. 
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• Connected Truck Market Industry Outlook 
• APTIV PLC
• Continental AG
• Denso Corporation
• HARMAN International
• Magna International Inc.
• NXP Semiconductors Netherlands B.V.
• Robert Bosch GmbH
• Sierra Wireless, Inc.
• TomTom International BV

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Connected Truck Market - Forecast(2022 -
2027) Learn More About the Report _at_
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uck-Market-Research-501118
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  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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Reddy Contact (1) 970-236-3677 Email
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