Global Connected Truck Market Analysis, Trends, and Forecasts to 2025: Market is Projected to Grow by US$36.1 Billion - ResearchAndMarkets.com

DUBLIN--()--The "Connected Truck - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

The Connected Truck market worldwide is projected to grow by US$36.1 Billion, driven by a compounded growth of 15.5%

Dedicated Short Range, one of the segments analyzed and sized in this study, displays the potential to grow at over 17.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$43.8 Billion by the year 2025, Dedicated Short Range will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 16.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$1.4 Billion to the region's size and clout in the next 5 to 6 years. Over US$1.7 Billion worth of projected demand in the region will come from the rest of the European markets. In Japan, Dedicated Short Range will reach a market size of US$3.1 Billion by the close of the analysis period.

As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 15.1% over the next couple of years and add approximately US$6.3 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio.

Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

  • APTIV PLC
  • Continental AG
  • Denso Corporation
  • HARMAN International
  • Magna International Inc.
  • NXP Semiconductors Netherlands B.V.
  • Robert Bosch GmbH
  • Sierra Wireless, Inc.
  • TomTom International BV
  • Trimble Inc.
  • Verizon Connect
  • ZF Friedrichshafen AG

For more information about this report visit https://www.researchandmarkets.com/r/jethcp

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900