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Connected Truck-Global Market Insights and Sales Trends 2025
Synopsis
Connected truck means a truck connected to the truck outside. This report mainly count the Connected Truck solution players
The global Connected Truck market size is expected to reach US$ 35270 million by 2029, growing at a CAGR of 8.6% from 2023 to 2029. The market is mainly driven by the significant applications of Connected Truck in various end use industries. The expanding demands from the Vehicle-to-vehicle (V2V), Vehicle-to-cloud (V2C) and Vehicle-to-infrastructure (V2I),, are propelling Connected Truck market. ADAS, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Telematics Solution segment is estimated at % CAGR for the next seven-year period.
The commercial vehicle manufacturers are taking several initiatives to expand the advanced innovation in their trucks. With the electrification and digitization of various components, infotainment, telematics systems, and autonomous driving are becoming an integral part of high-end automobiles. Most of these technologies use real-time data for live traffic, road conditions, and roadside help during a breakdown. The commercial vehicle is increasingly equipped with advanced driver assistance systems (ADAS) such as adaptive cruise control (ACC), lane departure warning (LDW), blind spot detection, and park assist system to enhance the safety of drivers as well as pedestrians. Also, automakers are looking forward to enhance customer satisfaction with the help of cybersecurity & over-the-air (OTA) updates to rectify the bugs generated in the software of various applications. The advancement in connected features will increase the overall operational efficiency and vehicle performance of fleet operators.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Connected Truck, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Connected Truck market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Connected Truck market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Connected Truck sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Connected Truck covered in this report include Tata Motors, VE Commercial Vehicles, ASHOK LEYLAND, Robert Bosch GmbH, Denso Corporation, ZF Friedrichshafen AG and Daimler AG, etc.
The global Connected Truck market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Tata Motors
VE Commercial Vehicles
ASHOK LEYLAND
Robert Bosch GmbH
Denso Corporation
ZF Friedrichshafen AG
Daimler AG
Global Connected Truck market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Connected Truck market, Segment by Type:
ADAS
Telematics Solution
Global Connected Truck market, by Application
Vehicle-to-vehicle (V2V)
Vehicle-to-cloud (V2C)
Vehicle-to-infrastructure (V2I)
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Connected Truck manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Connected Truck in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Connected truck means a truck connected to the truck outside. This report mainly count the Connected Truck solution players
The global Connected Truck market size is expected to reach US$ 35270 million by 2029, growing at a CAGR of 8.6% from 2023 to 2029. The market is mainly driven by the significant applications of Connected Truck in various end use industries. The expanding demands from the Vehicle-to-vehicle (V2V), Vehicle-to-cloud (V2C) and Vehicle-to-infrastructure (V2I),, are propelling Connected Truck market. ADAS, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Telematics Solution segment is estimated at % CAGR for the next seven-year period.
The commercial vehicle manufacturers are taking several initiatives to expand the advanced innovation in their trucks. With the electrification and digitization of various components, infotainment, telematics systems, and autonomous driving are becoming an integral part of high-end automobiles. Most of these technologies use real-time data for live traffic, road conditions, and roadside help during a breakdown. The commercial vehicle is increasingly equipped with advanced driver assistance systems (ADAS) such as adaptive cruise control (ACC), lane departure warning (LDW), blind spot detection, and park assist system to enhance the safety of drivers as well as pedestrians. Also, automakers are looking forward to enhance customer satisfaction with the help of cybersecurity & over-the-air (OTA) updates to rectify the bugs generated in the software of various applications. The advancement in connected features will increase the overall operational efficiency and vehicle performance of fleet operators.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Connected Truck, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Connected Truck market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Connected Truck market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Connected Truck sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Connected Truck covered in this report include Tata Motors, VE Commercial Vehicles, ASHOK LEYLAND, Robert Bosch GmbH, Denso Corporation, ZF Friedrichshafen AG and Daimler AG, etc.
The global Connected Truck market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Tata Motors
VE Commercial Vehicles
ASHOK LEYLAND
Robert Bosch GmbH
Denso Corporation
ZF Friedrichshafen AG
Daimler AG
Global Connected Truck market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Connected Truck market, Segment by Type:
ADAS
Telematics Solution
Global Connected Truck market, by Application
Vehicle-to-vehicle (V2V)
Vehicle-to-cloud (V2C)
Vehicle-to-infrastructure (V2I)
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Connected Truck manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Connected Truck in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Connected Truck Market Overview
1.1 Connected Truck Product Overview
1.2 Connected Truck Market Segment by Type
1.2.1 ADAS
1.2.2 Telematics Solution
1.3 Global Connected Truck Market Size by Type
1.3.1 Global Connected Truck Market Size Overview by Type (2018-2029)
1.3.2 Global Connected Truck Historic Market Size Review by Type (2018-2023)
1.3.3 Global Connected Truck Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Connected Truck Sales Breakdown by Type (2018-2023)
1.4.2 Europe Connected Truck Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Connected Truck Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Connected Truck Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Connected Truck Sales Breakdown by Type (2018-2023)
2 Global Connected Truck Market Competition by Company
2.1 Global Top Players by Connected Truck Sales (2018-2023)
2.2 Global Top Players by Connected Truck Revenue (2018-2023)
2.3 Global Top Players by Connected Truck Price (2018-2023)
2.4 Global Top Manufacturers Connected Truck Manufacturing Base Distribution, Sales Area, Product Type
2.5 Connected Truck Market Competitive Situation and Trends
2.5.1 Connected Truck Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Connected Truck Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Connected Truck as of 2022)
2.7 Date of Key Manufacturers Enter into Connected Truck Market
2.8 Key Manufacturers Connected Truck Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Connected Truck Status and Outlook by Region
3.1 Global Connected Truck Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Connected Truck Historic Market Size by Region
3.2.1 Global Connected Truck Sales in Volume by Region (2018-2023)
3.2.2 Global Connected Truck Sales in Value by Region (2018-2023)
3.2.3 Global Connected Truck Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Connected Truck Forecasted Market Size by Region
3.3.1 Global Connected Truck Sales in Volume by Region (2024-2029)
3.3.2 Global Connected Truck Sales in Value by Region (2024-2029)
3.3.3 Global Connected Truck Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Connected Truck by Application
4.1 Connected Truck Market Segment by Application
4.1.1 Vehicle-to-vehicle (V2V)
4.1.2 Vehicle-to-cloud (V2C)
4.1.3 Vehicle-to-infrastructure (V2I)
4.2 Global Connected Truck Market Size by Application
4.2.1 Global Connected Truck Market Size Overview by Application (2018-2029)
4.2.2 Global Connected Truck Historic Market Size Review by Application (2018-2023)
4.2.3 Global Connected Truck Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Connected Truck Sales Breakdown by Application (2018-2023)
4.3.2 Europe Connected Truck Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Connected Truck Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Connected Truck Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Connected Truck Sales Breakdown by Application (2018-2023)
5 North America Connected Truck by Country
5.1 North America Connected Truck Historic Market Size by Country
5.1.1 North America Connected Truck Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Connected Truck Sales in Volume by Country (2018-2023)
5.1.3 North America Connected Truck Sales in Value by Country (2018-2023)
5.2 North America Connected Truck Forecasted Market Size by Country
5.2.1 North America Connected Truck Sales in Volume by Country (2024-2029)
5.2.2 North America Connected Truck Sales in Value by Country (2024-2029)
6 Europe Connected Truck by Country
6.1 Europe Connected Truck Historic Market Size by Country
6.1.1 Europe Connected Truck Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Connected Truck Sales in Volume by Country (2018-2023)
6.1.3 Europe Connected Truck Sales in Value by Country (2018-2023)
6.2 Europe Connected Truck Forecasted Market Size by Country
6.2.1 Europe Connected Truck Sales in Volume by Country (2024-2029)
6.2.2 Europe Connected Truck Sales in Value by Country (2024-2029)
7 Asia-Pacific Connected Truck by Region
7.1 Asia-Pacific Connected Truck Historic Market Size by Region
7.1.1 Asia-Pacific Connected Truck Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Connected Truck Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Connected Truck Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Connected Truck Forecasted Market Size by Region
7.2.1 Asia-Pacific Connected Truck Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Connected Truck Sales in Value by Region (2024-2029)
8 Latin America Connected Truck by Country
8.1 Latin America Connected Truck Historic Market Size by Country
8.1.1 Latin America Connected Truck Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Connected Truck Sales in Volume by Country (2018-2023)
8.1.3 Latin America Connected Truck Sales in Value by Country (2018-2023)
8.2 Latin America Connected Truck Forecasted Market Size by Country
8.2.1 Latin America Connected Truck Sales in Volume by Country (2024-2029)
8.2.2 Latin America Connected Truck Sales in Value by Country (2024-2029)
9 Middle East and Africa Connected Truck by Country
9.1 Middle East and Africa Connected Truck Historic Market Size by Country
9.1.1 Middle East and Africa Connected Truck Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Connected Truck Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Connected Truck Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Connected Truck Forecasted Market Size by Country
9.2.1 Middle East and Africa Connected Truck Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Connected Truck Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Tata Motors
10.1.1 Tata Motors Company Information
10.1.2 Tata Motors Introduction and Business Overview
10.1.3 Tata Motors Connected Truck Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Tata Motors Connected Truck Products Offered
10.1.5 Tata Motors Recent Development
10.2 VE Commercial Vehicles
10.2.1 VE Commercial Vehicles Company Information
10.2.2 VE Commercial Vehicles Introduction and Business Overview
10.2.3 VE Commercial Vehicles Connected Truck Sales, Revenue and Gross Margin (2018-2023)
10.2.4 VE Commercial Vehicles Connected Truck Products Offered
10.2.5 VE Commercial Vehicles Recent Development
10.3 ASHOK LEYLAND
10.3.1 ASHOK LEYLAND Company Information
10.3.2 ASHOK LEYLAND Introduction and Business Overview
10.3.3 ASHOK LEYLAND Connected Truck Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ASHOK LEYLAND Connected Truck Products Offered
10.3.5 ASHOK LEYLAND Recent Development
10.4 Robert Bosch GmbH
10.4.1 Robert Bosch GmbH Company Information
10.4.2 Robert Bosch GmbH Introduction and Business Overview
10.4.3 Robert Bosch GmbH Connected Truck Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Robert Bosch GmbH Connected Truck Products Offered
10.4.5 Robert Bosch GmbH Recent Development
10.5 Denso Corporation
10.5.1 Denso Corporation Company Information
10.5.2 Denso Corporation Introduction and Business Overview
10.5.3 Denso Corporation Connected Truck Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Denso Corporation Connected Truck Products Offered
10.5.5 Denso Corporation Recent Development
10.6 ZF Friedrichshafen AG
10.6.1 ZF Friedrichshafen AG Company Information
10.6.2 ZF Friedrichshafen AG Introduction and Business Overview
10.6.3 ZF Friedrichshafen AG Connected Truck Sales, Revenue and Gross Margin (2018-2023)
10.6.4 ZF Friedrichshafen AG Connected Truck Products Offered
10.6.5 ZF Friedrichshafen AG Recent Development
10.7 Daimler AG
10.7.1 Daimler AG Company Information
10.7.2 Daimler AG Introduction and Business Overview
10.7.3 Daimler AG Connected Truck Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Daimler AG Connected Truck Products Offered
10.7.5 Daimler AG Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Connected Truck Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Connected Truck Industrial Chain Analysis
11.4 Connected Truck Market Dynamics
11.4.1 Connected Truck Industry Trends
11.4.2 Connected Truck Market Drivers
11.4.3 Connected Truck Market Challenges
11.4.4 Connected Truck Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Connected Truck Distributors
12.3 Connected Truck Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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