Connected Trucks Market Growth Accelerates at 13.59% CAGR
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Connected Trucks Market Research, Trends and Forecast

The connected trucks market is projected to grow from USD 117.27 bn in 2024 to witness USD 419.36 bn by 2034. The connected trucks market is expanding rapidly, driven by advancements in telematics, AI, and V2X communication. These technologies enhance fleet management, safety, and efficiency, with benefits like predictive maintenance, route optimization, and real-time data exchange. Growth is fueled by rising e-commerce, stricter safety and environmental regulations, and adoption across sectors like mining.

Content

Introduction

  • Research Objective
  • Scope of the Study
  • Definition and Taxonomy

Research Methodology

  • Research Approach
  • Data Sources
  • Assumptions

Executive Summary

  • Synopsis 
  • Analyst Recommendations

Market Overview 

  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Value chain analysis
    • Raw Material Sourcing
    • Manufacturing Process
    • Logistics & Transportation
    • Buyer Preferences
  • Trends
    • Market Trends
    • Technological Trends
  • Porter’s Five Forces Analysis
    • Bargaining Power of Suppliers
    • Bargaining Power of Buyers
    • Threat of Substitute
    • Threat of New Entrants
    • Degree of Competition
  • PESTLE Analysis for 5 Leading Countries
  • Regulatory Framework for Leading Countries/Regions
  • Supply Demand Analysis
    • Production & Consumption Statistics
    • Export Import Statistics
    • Price Trend Analysis

Global Connected Trucks Market Assessment

  • Overview
  • Global Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Component (2021 – 2033)
    • Software
    • Hardware
    • Service
  • Global Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Range (2021 – 2033)
    • Dedicated Short Range Communication (DSRC)
    • Long Range
  • Global Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Connectivity (2021 – 2033)
    • Vehicle-to-Cloud (V2C) Communication
    • Vehicle-to-Infrastructure (V2I) Communication
    • Vehicle-to-Vehicle (V2V) Communication
  • Global Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Vehicle (2021 – 2033)
    • Light Commercial Vehicle (LCV)
    • Heavy Commercial Vehicle (HCV)
  • Global Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Application (2021 – 2033)
    • Fleet Management
    • Remote diagnostics & Maintenance
    • Safety & Compliance
    • Infotainment & Connectivity
  • Global Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Region (2021 – 2033)
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • France
      • Germany
      • Italy
      • Spain
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • South-East Asia
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Argentina
      • Rest of Latin America
    • Middle East & Africa
      • GCC Countries
      • South Africa
      • Rest of Middle East & Africa

North America Connected Trucks Market Assessment

  • Overview
  • North America Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Component (2021 – 2033)
    • Software
    • Hardware
    • Service
  • North America Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Range (2021 – 2033)
    • Dedicated Short Range Communication (DSRC)
    • Long Range
  • North America Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Connectivity (2021 – 2033)
    • Vehicle-to-Cloud (V2C) Communication
    • Vehicle-to-Infrastructure (V2I) Communication
    • Vehicle-to-Vehicle (V2V) Communication
  • North America Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Vehicle (2021 – 2033)
    • Light Commercial Vehicle (LCV)
    • Heavy Commercial Vehicle (HCV)
  • North America Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Application (2021 – 2033)
    • Fleet Management
    • Remote diagnostics & Maintenance
    • Safety & Compliance
    • Infotainment & Connectivity
  • North America Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Country (2021 – 2033)
    • U.S.
    • Canada
    • Mexico

Europe Connected Trucks Market Assessment

  • Overview
  • Europe Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Component (2021 – 2033)
    • Software
    • Hardware
    • Service
  • Europe Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Range (2021 – 2033)
    • Dedicated Short Range Communication (DSRC)
    • Long Range
  • Europe Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Connectivity (2021 – 2033)
    • Vehicle-to-Cloud (V2C) Communication
    • Vehicle-to-Infrastructure (V2I) Communication
    • Vehicle-to-Vehicle (V2V) Communication
  • Europe Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Vehicle (2021 – 2033)
    • Light Commercial Vehicle (LCV)
    • Heavy Commercial Vehicle (HCV)
  • Europe Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Application (2021 – 2033)
    • Fleet Management
    • Remote diagnostics & Maintenance
    • Safety & Compliance
    • Infotainment & Connectivity
  • Europe Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Country (2021 – 2033)
    • U.K.
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe

Asia Pacific Connected Trucks Market Assessment

  • Overview
  • Asia Pacific Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Component (2021 – 2033)
    • Software
    • Hardware
    • Service
  • Asia Pacific Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Range (2021 – 2033)
    • Dedicated Short Range Communication (DSRC)
    • Long Range
  • Asia Pacific Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Connectivity (2021 – 2033)
    • Vehicle-to-Cloud (V2C) Communication
    • Vehicle-to-Infrastructure (V2I) Communication
    • Vehicle-to-Vehicle (V2V) Communication
  • Asia Pacific Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Vehicle (2021 – 2033)
    • Light Commercial Vehicle (LCV)
    • Heavy Commercial Vehicle (HCV)
  • Asia Pacific Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Application (2021 – 2033)
    • Fleet Management
    • Remote diagnostics & Maintenance
    • Safety & Compliance
    • Infotainment & Connectivity
  • Asia Pacific Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Country (2021 – 2033)
    • China
    • Japan
    • India
    • South Korea
    • South-East Asia
    • Rest of Asia Pacific

Latin America Connected Trucks Market Assessment

  • Overview
  • Latin America Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Component (2021 – 2033)
    • Software
    • Hardware
    • Service
  • Latin America Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Range (2021 – 2033)
    • Dedicated Short Range Communication (DSRC)
    • Long Range
  • Latin America Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Connectivity (2021 – 2033)
    • Vehicle-to-Cloud (V2C) Communication
    • Vehicle-to-Infrastructure (V2I) Communication
    • Vehicle-to-Vehicle (V2V) Communication
  • Latin America Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Vehicle (2021 – 2033)
    • Light Commercial Vehicle (LCV)
    • Heavy Commercial Vehicle (HCV)
  • Latin America Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Application (2021 – 2033)
    • Fleet Management
    • Remote diagnostics & Maintenance
    • Safety & Compliance
    • Infotainment & Connectivity
  • Latin America Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Country (2021 – 2033)
    • Brazil
    • Argentina
    • Rest of Latin America

Middle East & Africa Connected Trucks Market Assessment

  • Overview
  • Middle East & Africa Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Component (2021 – 2033)
    • Software
    • Hardware
    • Service
  • Middle East & Africa Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Range (2021 – 2033)
    • Dedicated Short Range Communication (DSRC)
    • Long Range
  • Middle East & Africa Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Connectivity (2021 – 2033)
    • Vehicle-to-Cloud (V2C) Communication
    • Vehicle-to-Infrastructure (V2I) Communication
    • Vehicle-to-Vehicle (V2V) Communication
  • Middle East & Africa Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Vehicle (2021 – 2033)
    • Light Commercial Vehicle (LCV)
    • Heavy Commercial Vehicle (HCV)
  • Middle East & Africa Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Application (2021 – 2033)
    • Fleet Management
    • Remote diagnostics & Maintenance
    • Safety & Compliance
    • Infotainment & Connectivity
  • Middle East & Africa Connected Trucks Market Size Value (US$) and Volume (Billion Tons), By Country (2021 – 2033)
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

Company Profile

  • CalAmp
    • Company Overview
    • Geographic Footprints
    • Financial Performance
    • Product Portfolio
    • SWOT Analysis
    • R&D Efforts
    • Recent Developments & Strategic Collaborations
      • Product Launch/M&A/Technical Collaboration
  • Daimler AG
  • Navistar International Corporation
  • PACCAR Inc.
  • Fleet Complete
  • Geotab
  • MiX Telematics
  • Continental AG
  • Verizon Connect
  • Omnitracs
  • Volvo Group
  • Samsara Networks Inc.
  • Scania AB
  • Teletrac Navman
  • Trimble Inc.
  • WABCO Holdings Inc.
  • TomTom Telematics
  • ZF Friedrichshafen AG

Conclusion & Recommendations

  • Insight Code: 1290
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Published: February 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2022
  • Base Year: 2023
  • Estimated Years: 2024-2033

About The Author

Dr. Arjun Patel is a distinguished expert in the automotive industry, holding advanced degrees in Automotive Engineering and Mechanical Engineering. His expertise spans automotive market dynamics, technological advancements, and sustainable practices. Dr. Patel excels in conducting in depth research and analysis on market trends, consumer preferences, and the economic implications within the automotive sector. He is renowned for his insightful publications on topics such as electric vehicles, autonomous driving technologies, and the evolution of sustainable transportation solutions. Dr. Patels research contributions have significantly advanced understanding in the field, earning him recognition as a leading authority in automotive research and analysis.

FAQ's

The rise in commercial activities along with advancements in V2V technology around the world drives the market growth.

The top players in the industry includes Daimler AG (Germany), Volvo AB (Sweden), Delphi Technologies (U.K.) and some others.
Any Questions

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