PUBLISHER: Allied Market Research | PRODUCT CODE: 1140101
PUBLISHER: Allied Market Research | PRODUCT CODE: 1140101
Connected truck provides real-time data of current fuel level, battery status, light status, and other information. Moreover, connected truck can also communicate and share data with other systems outside the truck with the aid of internet access. The growth of the connected truck market is witnessing growth, due to increase in use of telematics in automotive sector, and ease of vehicle diagnosis. However, threat of cyber-attacks, and lack of uninterrupted & seamless internet connectivity are the factors hampering the growth of the market. Furthermore, development of self-driving trucks is the factor expected to offer growth opportunities during the forecast period.
Launch of new connected trucks by several automobile manufacturing companies is the primary factor driving the growth of the market. For instance, in March 2021, Tata Motors launched its Ultra Sleek T-Series smart trucks with connected technology in India. These smart trucks are designed to meet the needs of the urban transportation. These trucks will be available in three variants such as T.6, T.7, and T.9. In June 2019, Eicher Trucks and Buses unveiled Eicher Pro 2000 Series, which is BS-VI compliant range of light-duty trucks. This series of trucks are equipped with Bluetooth connectivity, infotainment, touch-screen along with smart cabin with two driver configuration.
The connected truck market is segmented on the basis of communication type, range, vehicle type, application, and region. By communication type, it is classified into vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), and vehicle-to-cloud (V2C). By range, it is categorized into dedicated short range, and long range/cellular network. By vehicle type, it is categorized into light commercial vehicle, and heavy commercial vehicle. By application, it is fragmented into drive assistance, safety, entertainment, well-being, vehicle management, and mobility management. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits For Stakeholders
Key Market Segments
By Communication Type
By Range
By Vehicle Type
By Application
By Region