Allied Market Research
Connected Trucks Telematics Market

Connected Trucks Telematics Market

Size, Share, Competitive Landscape and Trend Analysis Report by Type (Dedicated Short Range, Long Range Cellular Network), by Services Type (Fleet Management, Maintenance), by Vehicle Type (Light Commercial Vehicles, Heavy Commercial Vehicles) and by Component Type (Hardware, Software): Global Opportunity Analysis and Industry Forecast, 2023-2032

Report Code: A13893
Pages: NA
Tables: NA
Charts: NA
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.


Telematics system is not just a new concept for advanced commercial vehicle operators, and is also common enough to find truck fleets decked out with little black boxes. The level of connectivity swirling around trucks, drivers, and the businesses operating them is on the rise, through telematics and other connected systems. Telematics technology is becoming more essential in the trucking industry, and it could soon become the default standard for heavy trucks with hardware integrated, according to the experts at the Technology and Maintenance Council of American Trucking Associations in October event in Philadelphia. To do this, manufacturers must agree on a standard data network so that telematics providers ensure their software functions is in sync with all trucks. The steady expansion of the connected truck market is creating significant opportunities in commercial vehicle telematics for original equipment manufacturers, suppliers, software and analytics companies, dealers, and fleets operator. These solutions are still considered relatively expensive, and fleets have a poor understanding of telematics as part of fleet management solutions; however, the opportunity of converting massive data analytics into actionable solutions is appealing for fleets, OEMs, suppliers, and dealers to ignore.

COVID-19 Impact Analysis

  • The coronavirus containment measures combined with other hurdles are damaging the automotive sector. Furthermore, crew shortages for unloading the truck have decreased the logistics business. Furthermore, the production halt caused by the lockdown imposed is creating an obstacle for revenue generation. However, logistics being the core unit of any business is expected to increase with time. Consumers who are planning to purchase a commercial vehicle would choose connected trucks over the conventional truck as these trucks can be tracked for entry or exit from the location and monitored from home with the help of IoT s work from home is widely adopted due to the pandemic.

Top Impacting Factors
Ease of vehicle diagnosis, rise in trend of connectivity solutions, and better driver and vehicle safety drive the growth of the market.
Threat of data hacking, and high installation cost is expected to hinder the growth of the market.
Intelligent transportation system act as an opportunity for the market investments.

The Connected Trucks Telematics Market Trends are as Follows:
Rise in Trend of Connectivity Solutions

  • Smartphones have altered the meaning of connectivity over time. Transporter desires to maintain contact with the outer world even while traveling. Even when connectivity has become the need of the hour, automobile manufacturers incorporating connectivity solutions into their vehicle’s automobile sales. Truck operators are expecting their trucks to accomplishes numerous multiple task similar to a phone. Therefore, the connected truck telematics market is expected to grow at a promising rate due to the rise in operator demands for staying connected 24*7 even while traveling.

Threat of Data Hacking

  • Telematics is a relatively new technology. Events, such as unauthorized access to multiple truck connectivity solutions or breaking into the in-truck connectivity system can restrict the automotive telematics market. The major security concern is that hackers have access to the computer system of trucks as well as to the data that it gathers and saves. Thus, hacking threats of trucks with telematics systems is one of the factors expected to hamper the growth of the market.

High Installation Cost

  • The increased expenses associated with delivering connection in a vehicle are likely to limit the growth of the market. The implementation of connection solution in trucks induces additional costs for customers in the form of hardware, connectivity solutions, and telecom service charges These additional costs bestowed upon the operator have a significant impact on the connected truck telematics market. Thus, the high installation cost of telematics systems in trucks is expected to hinder the market growth.

Intelligent Transportation System

  • Truck safety services with telematics solutions are an appropriate example of cutting-edge aftermarket technology, that incorporates data exchange between vehicles and humans. Safety is a combination of telecommunication and automobile technology that is used to improve vehicle efficiency, reduce fuel consumption & maintenance costs, enhance security & safety measures, and assist the driver in improving the overall driving experience. Features such as live traffic updates, automatic toll transactions, insurance telematics, road-side assistance in case of accidents or breakdowns, and smart routing & tracking are expected to provide an exponential growth opportunity for the key players operating in the connected truck telematics market.

Key Benefits of the Report:

  • This study presents the analytical depiction of the connected trucks telematics market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with challenges of the connected trucks telematics market.
  • The current market is quantitatively analyzed to highlight the growth scenario of the connected trucks telematics market.
  • The report provides a detailed connected trucks telematics market analysis based on competitive intensity and the competition that will take shape in coming years.

Questions Answered in the Connected Trucks Telematics Market Research Report:

  • Who are the leading market players active in the connected trucks telematics market?
  • What would be the detailed impact of COVID-19 on the market?
  • What are the current trends that would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the connected trucks telematics market?
  • What are the future projections that would help in taking further strategic steps? 

Connected Trucks Telematics Market Report Highlights

Aspects Details
By Type
  • Dedicated Short Range
  • Long Range & Cellular Network
By Services Type
  • Fleet Management
  • Maintenance
By Vehicle Type
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
By Component Type
  • Hardware
  • Software
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players OTTO MOTORS, Meritor WABCO, DAF, Peloton Technology, Scania AB, Daimler AG, Trimble, Continental AG., AB Volvo, Bendix Commercial Vehicles Systems LLC

Loading Table Of Content...

With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

Purchase Options

Call or Email Us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now
Related Tags

Purchase Full Report of
Connected Trucks Telematics Market

Start reading.
This Report and over 71,213+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,690  $3,321
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,930  $3,537
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,820  $4,947
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,540  $5,559
  • Limited to five authorized users
  • Print upto five copies
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise

  • $9,870  $7,896
  • Unlimited
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
  • Company Profiles
  • Newly Added Content Access
  • 10 PDF
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

Related Reports
*Terms and Conditions Apply

Why Allied Market Research?


Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of the scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time for readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers