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Connected Truck Market

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.

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Connected Truck Market

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  1. Connected Truck MarketMarket size, Industry outlook, Market Forecast, Demand Analysis, Market Share, Market Report 2023-2028 Contact: Venkat Reddy sales@industryarc.com (+1) 970-236-3677

  2. DownloadPDF Brochure 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. Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com

  3. DownloadPDF Brochure • 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. • The commercial trucks are 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. Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com

  4. DownloadPDF Brochure By Distribution Channel- 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. Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com

  5. DownloadPDF Brochure • 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 • Trimble Inc. • Verizon Connect Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com

  6. DownloadPDF Brochure Connected Truck Market - Forecast(2023 - 2028) LearnMoreAbouttheReport @ https://www.industryarc.com/Research/Connected-Truck-Market-Research-501118 Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com

  7. DownloadPDF Brochure • You Can Customize the Report as Per YourNeed. We have included Some CustomizationOptions: • CompanyProfile • AnalystBriefing • DataTables • KeyContacts • FreeCustomization • Purchase Full Report @ https://www.industryarc.com/purchasereport.php?id=501118 Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com

  8. DownloadPDF Brochure For More DetailsContact VenkatReddy Contact: (+1)970-236-3677 Email:sales@industryarc.com Connect with us on LinkedIn @ http://www.linkedin.com/company/industryarc Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com

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