As on date of publishing, this report will capture the impact assessment of COVID-19 on this market and the same will be considered in our market forecast model. Clients purchasing this report between April and June 2020 will be getting a ‘free’ updated market data excel sheet between July and September 2020 accounting for the impact of COVID-19 on the market in the current year 2020 and forecast.

Global connected trucks market is anticipated to reach USD 41 Billion by 2025, growing at a CAGR of over 15% during the forecast period, due to the growing demand for vehicle connectivity in logistics and transportation business. Moreover, reduction in vehicle recalls due to vehicle data updates coupled with increasing demand for infotainment is further escalating the growth of the market. In terms of range, Dedicated Short Range Communication (DSRC) segment is anticipated to grow at the highest CAGR during the forecast period owing to rising radar and LiDAR based safety systems such as blind spot detection and adaptive cruise control.

Based on the communication, the market has been segmented into Vehicle-to-Vehicle (V2V), Vehicle-to-Infrastructure (V2I) and Vehicle-to-Cloud (V2C). V2V communication segment is expected to grow at the highest rate during the forecast period owing to the rising number of connected devices in the trucks. North America acquired the majority share in 2019 and is expected to continue dominance until 2025 due to increasing connected car devices in commercial vehicles and rising digitization of various services in cybersecurity and fleet management. Asia Pacific connected trucks market is forecast to grow at highest rate due to expanding information & communication technology infrastructure.

Some of the leading players in the global connected trucks market are Denso Corporation, Robert Bosch, Continental, Harman, Magna, TomTom, Sierra Wireless, ZF, NXP, Verizon etc.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

  • To analyze and forecast the market size of global connected trucks market, in terms of value and volume.
  • To classify and forecast global connected trucks market based on vehicle type, communication, range, services and regional distribution.
  • To identify drivers and challenges for global connected trucks market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global connected trucks market.
  • To conduct the pricing analysis for global connected trucks market.
  • To identify and analyze the profile of leading players operating in the global connected trucks market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels and presence of all major manufacturers across the globe.

TechSci Research calculated the market size of global connected trucks market using a bottom-up approach, where data for various application across various technology were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

  • Connected trucks manufacturers and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to connected trucks market
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global connected trucks market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Connected Trucks Market, By Vehicle Type:
    • Light Commercial Vehicles
    • Heavy Commercial Vehicles
  • Global Connected Trucks Market, By Communication:
    • Vehicle-To-Vehicle (V2V)
    • Vehicle-To-Infrastructure (V2I)
    • Vehicle-To-Cloud (V2C)
  • Global Connected Trucks Market, By Range:
    • Dedicated Short Range Communication (DSRC)
    • Cellular Network
  • Global Connected Trucks Market, By Services:
    • Cyber Security & Updates
    • Fleet Management
  • Global Connected Trucks Market, By Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • Australia
      • South Korea
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global connected trucks market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

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In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Connected Trucks Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Product Pricing

5.2.  Factors Influencing Purchase Decision

5.3.  Challenges/Issues Faced Post Purchase

6.    Global Connected Trucks Market Overview 

7.    Global Connected Trucks Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Vehicle Type (Light Commercial Vehicles and Heavy Commercial Vehicles)

7.2.2.     By Communication (Vehicle-To-Vehicle (V2V), Vehicle-To-Infrastructure (V2I) and Vehicle-To-Cloud (V2C))

7.2.3.     By Range (Dedicated Short Range and Cellular Network)

7.2.4.     By Services (Cybersecurity & Updates and Fleet Management)

7.2.5.     By Company

7.2.6.     By Region

7.3.  Market Attractiveness Index

8.    Asia-Pacific Connected Trucks Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Vehicle Type

8.2.2.     By Communication

8.2.3.     By Range

8.2.4.     By Services

8.2.5.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Connected Trucks Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value & Volume

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Vehicle Type

8.3.1.2.2.             By Communication

8.3.1.2.3.             By Range

8.3.1.3.         Pricing Analysis

8.3.2.     India Connected Trucks Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value & Volume

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Vehicle Type

8.3.2.2.2.             By Communication

8.3.2.2.3.             By Range

8.3.2.3.         Pricing Analysis

8.3.3.     Japan Connected Trucks Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value & Volume

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Vehicle Type

8.3.3.2.2.             By Communication

8.3.3.2.3.             By Range

8.3.3.3.         Pricing Analysis

8.3.4.     South Korea Connected Trucks Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value & Volume

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Vehicle Type

8.3.4.2.2.             By Communication

8.3.4.2.3.             By Range

8.3.4.3.         Pricing Analysis

8.3.5.     Australia Connected Trucks Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value & Volume

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Vehicle Type

8.3.5.2.2.             By Communication

8.3.5.2.3.             By Range

8.3.5.3.         Pricing Analysis

9.    Europe Connected Trucks Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Vehicle Type

9.2.2.     By Communication

9.2.3.     By Range

9.2.4.     By Services

9.2.5.     By Country

9.3.  Europe: Country Analysis

9.3.1.     France Connected Trucks Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value & Volume

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Vehicle Type

9.3.1.2.2.             By Communication

9.3.1.2.3.             By Range

9.3.1.3.         Pricing Analysis

9.3.2.     Germany Connected Trucks Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value & Volume

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Vehicle Type

9.3.2.2.2.             By Communication

9.3.2.2.3.             By Range

9.3.2.3.         Pricing Analysis

9.3.3.     United Kingdom Connected Trucks Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value & Volume

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Vehicle Type

9.3.3.2.2.             By Communication

9.3.3.2.3.             By Range

9.3.3.3.         Pricing Analysis

9.3.4.     Italy Connected Trucks Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value & Volume

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Vehicle Type

9.3.4.2.2.             By Communication

9.3.4.2.3.             By Range

9.3.4.3.         Pricing Analysis

9.3.5.     Spain Connected Trucks Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value & Volume

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Vehicle Type

9.3.5.2.2.             By Communication

9.3.5.2.3.             By Range

9.3.5.3.         Pricing Analysis

10.  North America Connected Trucks Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Vehicle Type

10.2.2.  By Communication

10.2.3.  By Range

10.2.4.  By Services

10.2.5.  By Country

10.3.              North America: Country Analysis

10.3.1.  United States Connected Trucks Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value & Volume

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Vehicle Type

10.3.1.2.2.           By Communication

10.3.1.2.3.           By Range

10.3.1.3.      Pricing Analysis

10.3.2.  Mexico Connected Trucks Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value & Volume

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Vehicle Type

10.3.2.2.2.           By Communication

10.3.2.2.3.           By Range

10.3.2.3.      Pricing Analysis

10.3.3.  Canada Connected Trucks Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value & Volume

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Vehicle Type

10.3.3.2.2.           By Communication

10.3.3.2.3.           By Range

10.3.3.3.      Pricing Analysis

11.  South America Connected Trucks Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Vehicle Type

11.2.2.  By Communication

11.2.3.  By Range

11.2.4.  By Services

11.2.5.  By Country

11.3.              South America: Country Analysis

11.3.1.  Brazil Connected Trucks Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value & Volume

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Vehicle Type

11.3.1.2.2.           By Communication

11.3.1.2.3.           By Range

11.3.1.3.      Pricing Analysis

11.3.2.  Argentina Connected Trucks Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value & Volume

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Vehicle Type

11.3.2.2.2.           By Communication

11.3.2.2.3.           By Range

11.3.2.3.      Pricing Analysis

11.3.3.  Colombia Connected Trucks Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value & Volume

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Vehicle Type

11.3.3.2.2.           By Communication

11.3.3.2.3.           By Range

11.3.3.3.      Pricing Analysis

12.  Middle East and Africa Connected Trucks Market Outlook

12.1.              Market Size & Forecast

12.1.1.  By Value & Volume

12.2.              Market Share & Forecast

12.2.1.  By Vehicle Type

12.2.2.  By Communication

12.2.3.  By Range

12.2.4.  By Services

12.2.5.  By Country

12.3.              MEA: Country Analysis

12.3.1.  South Africa Connected Trucks Market Outlook

12.3.1.1.      Market Size & Forecast

12.3.1.1.1.           By Value & Volume

12.3.1.2.      Market Share & Forecast

12.3.1.2.1.           By Vehicle Type

12.3.1.2.2.           By Communication

12.3.1.2.3.           By Range

12.3.1.3.      Pricing Analysis

12.3.2.  Saudi Arabia Connected Trucks Market Outlook

12.3.2.1.      Market Size & Forecast

12.3.2.1.1.           By Value & Volume

12.3.2.2.      Market Share & Forecast

12.3.2.2.1.           By Vehicle Type

12.3.2.2.2.           By Communication

12.3.2.2.3.           By Range

12.3.2.3.      Pricing Analysis

12.3.3.  UAE Connected Trucks Market Outlook

12.3.3.1.      Market Size & Forecast

12.3.3.1.1.           By Value & Volume

12.3.3.2.      Market Share & Forecast

12.3.3.2.1.           By Vehicle Type

12.3.3.2.2.           By Communication

12.3.3.2.3.           By Range

12.3.3.3.      Pricing Analysis

13.  Market Dynamics

13.1.              Drivers

13.2.              Challenges

13.3.              Opportunities

14.  Market Trends & Developments

15.  Competitive Landscape

15.1.              Competition Outlook

15.2.              Company Profiles (Leading Companies)

15.2.1.  Denso Corp.

15.2.2.  Bosch Ltd

15.2.3.  Continental AG

15.2.4.  Harman International Industries Limited

15.2.5.  Magna International, Inc.

15.2.6.  TomTom NV

15.2.7.  Sierra Wireless Inc

15.2.8.  ZF Friedrichshafen AG

15.2.9.  NXP Semiconductors N.V.

15.2.10.                Verizon Communications Inc.

16.  Strategic Recommendations

17.  About Us & Disclaimer

(Note: The companies list can be customized based on the client requirements.)

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com