An exciting new study from the team of Lucintel found that connected truck market is expected to grow with a CAGR of 15%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The connected truck market is segmented based on range, component, communication, service, end use, and region. In this market, light commercial vehicle is expected to remain the largest end use. Players can benefit from the available opportunities like increasing use of connected devices in commercial vehicles, increasing digitization of various services in fleet management, and cybersecurity & updates.
Robert Bosch, Continental, Denso, Delphi, Harman, ZF, NXP, Magna, Sierra Wireless, Tomtom, Trimble, and Verizon are some of the major players profiled in this 150 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising potential, high-growth opportunities for the 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)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the connected truck market?
Q.4 What are some changing demands of customers in the connected truck market?
Q.5 What are the new developments in the connected truck market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this connected truck area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this connected truck market?
This unique report from Lucintel 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 [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.