Dublin, Oct. 31, 2022 (GLOBE NEWSWIRE) — The “Connected Trucks Market by Communication Type, Range, Vehicle Type, Application: Global Opportunity Analysis and Industry Forecast, 2021-2031” Report has been added ResearchAndMarkets.com Offer.
The connected truck provides real-time data on the current fuel level, battery status, light status and other information. In addition, the networked truck can also communicate and exchange data with other systems outside the truck using internet access. The market for connected trucks is growing due to the increasing use of telematics in the automotive sector and simple vehicle diagnostics.
However, the threat of cyber attacks and lack of uninterrupted and seamless internet connection are the factors hampering the growth of the market. Moreover, the development of self-driving trucks is the factor that is expected to provide growth opportunities during the forecast period.
The launch of new connected trucks by several automakers is the main factor driving the growth of the market. For example, in March 2021, Tata Motors launched its T-Series ultra-slim smart trucks with connected technology in India. These intelligent trucks are designed to meet the needs of city traffic. These trucks will be available in three variants such as T.6, T.7 and T.9.
In June 2019, Eicher Trucks and Buses introduced the Eicher Pro 2000 series, a BS VI compliant range of light trucks. This truck series features Bluetooth connectivity, infotainment, touchscreen and a smart cab with two driver configuration .
The connected truck market is segmented on the basis of communication type, range, vehicle type, application and region. According to the communication type, it is classified into vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I) and vehicle-to-cloud (V2C). Based on coverage, it is categorized into dedicated short-haul and long-haul/cellular networks.
By vehicle type, it is categorized into light commercial vehicles…
