A linked truck is outfitted with a variety of sensors and cutting-edge technology, including a fleet management system (FMS) and an advanced driver assist system (ADAS), which display vehicle enhancements, driver-support systems, fuel management, and other data on the screen. Connectivity improves fleet management and reduces vehicle downtime. One of the primary drivers of demand is the global inclination for efficient transportation services. Connected truck technology and electrification are two major factors revolutionizing the trucking sector. Rising digitalization and integration of sophisticated technologies in the transportation industry are likely to drive demand for smart vehicles throughout the forecast period. Smart trucks communicate and share data with other vehicles via the internet, thereby boosting road safety and productivity. 

The connected truck industry is being pushed by rising demand for technologically advanced solutions in big trucks. The smart truck's safety features include a lane keep assist system (LKAS), blind spot detection (BSD), lane departure warning (LDW), and emergency brake assist (EBA). This creates a demand for these types of trucks. Government laws addressing global safety concerns for big commercial vehicles also drive the market forward.As a result, this market is likely to exhibit increase throughout the forecast period. Fleets that employ telematics have reported an improvement in production. Fleets without access to telematics data to improve efficiency may pay up to 12% more for labor.

The global connected truck market confronts numerous important difficulties that may stymie its expansion and widespread adoption. One of the main challenges is integrating modern technologies into existing transportation infrastructures. Many manufacturers struggle to successfully integrate linked features, resulting in longer implementation times, higher costs, and potential operational disruptions. This complexity is especially challenging for small enterprises with limited resources. Another major worry is cybersecurity. Connected trucks create massive volumes of data on driver behavior, cargo condition, and vehicle performance. Ensuring the privacy and security of this sensitive information is critical, as connectivity exposes these cars to potential hacking, data breaches, and unauthorised access. 

Deutsche Telekom, Geotab, Huawei, Omnitracs, Samsara, Teletrac Navman, Telefonica, T-Mobile, Verizon Connect, Vodafone and others.

By Propulsion: Based on the Propulsion, Global Connected Trucks Market is segmented as; Diesel, Gasoline, Hybrid and Electric. 

By Application: Based on the Application, Global Connected Trucks Market is segmented as; Long-haul trucking, Regional trucking, Construction, Mining and Waste management. 

By Connectivity: Based on the Connectivity, Global Connected Trucks Market is segmented as; Basic connectivity, Advanced connectivity and Autonomous connectivity.

By Vehicle Weight: Based on the Vehicle Weight, Global Connected Trucks Market is segmented as; Class 3 ,Class 4, Class 5, Class 6, Class 7 and Class 8.

 

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe. 

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.