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Lucintel Forecasts Connected Truck Market To Grow At A Cagr Of 15% From 2019 To 2024

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By Author: Lucintel LLC
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According to the recent study the Connected Truck Market is projected to grow at a CAGR of 15% from 2019 to 2024. Growth in this market is primarily driven by growing demand for vehicle connectivity in logistics and transportation business, development of information and telecommunication infrastructure, and government regulations supporting connected technology in commercial vehicles.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in connected truck market by range (DSRC, cellular), by component (hardware, software), by communication (V2V, V2I, and V2C), by service (fleet management, cybersecurity & updates), by end use (light commercial vehicle, and heavy commercial vehicle), and by region (North America, Europe, Asia Pacific, and The Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/connected-truck-market.aspx

“Light commercial vehicle market is expected to remain the largest segment during the forecast period.”
Based on end use, the connected ...
... truck market is segmented into light commercial vehicle, and heavy commercial vehicle. Lucintel forecasts that the light commercial vehicle market is expected to remain the largest segment.
“North America will dominate the connected truck market in near future.”
North America will remain the largest region over the forecast period due to increasing use of connected devices in commercial vehicles, increasing digitization of various services in fleet management, and cybersecurity & updates.
Download Brochure of this report by clicking on https://www.lucintel.com/connected-truck-market.aspx
Major players of connected truck market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Robert Bosch, Continental, Denso, Delphi, Harman, ZF, NXP, Magna, Sierra Wireless, Tomtom, Trimble, and Verizon are among the major connected truck providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/connected-truck-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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