Connected Trucks Market

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Connected Trucks Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2023-2028
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The global Connected Trucks market size is
forecast to reach 34.2 billion by 2026, growing
at CAGR 13.7 from 2021 to 2026. This growth is
mainly attributed to the increasing demand for
telematics in commercial vehicle industry. This
technology helps in enhancing the safety level of
trucks, by offering adaptive cruise control,
blind spot warning, lane departure warning, park
assist system, emergency roadside assistance,
emergency brake assist, telematics control unit
and others.
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• Key Takeaways
• Light commercial vehicle is analysed to witness
  significant market growth during 2021-2026, due
  to the growing demand for good carriage vehicles
  across industries.
• North America dominated the market in 2020 and
  analyzed to witness significant growth in the
  forecast period, due to the early adoption of
  this technology, massive investments for
  developing advanced technologies, and presence of
  major market players.
• The market of Connected Trucks is estimated to
  witness significant upsurge during the forecast
  period, owing to the high penetration of wireless
  technologies and telematic in automotive industry.

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By Distribution Channel- Segment Analysis Based
on vehicle-type, Connected Trucks market is
segmented into Light Commercial Vehicle (LCV),
Heavy Commercial Vehicle (HCV). According to
Connected Trucks market report of IndustryARC,
light commercial vehicle segment is anticipated
to witness a significant amount of growth with a
CAGR of 14.2 in the forecast period 2021-2026.
These types of commercial vehicles are highly
being used as a carriage of goods, which is
creating the demand for LCVs across the
industries, thereby providing incentives to the
market players to introduce new light commercial
vehicles.
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• Connected Trucks Market Industry Outlook
• Continental AG
• Delphi Technologies
• Denso Corporation
• ZF Friedrichshafen AG
• Verizon Communications
• Harman International
• Robert Bosch Gmbh
• Sierra Wireless, Inc.
• Magna International Inc.
• Daimler AG

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Connected Trucks Market - Forecast(2023 -
2028) Learn More About the Report _at_
https//www.industryarc.com/Report/19595/connected
-trucks-market.html
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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