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New Visiongain Report; Advanced Truck Technologies Market Report 2019-2029

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The latest report from business intelligence provider Visiongain offers comprehensive analysis of the global Advanced Truck Technologies Market. Visiongaain assesses that this market will generate revenues of $17.9bn in 2019.

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New Visiongain Report; Advanced Truck Technologies Market Report 2019-2029

  1. 1. ©notice This material is copyright by visiongain. It is against the law to reproduce any of this material without the prior written agreement of visiongain.You cannot photocopy, fax, download to database or duplicate in any other way any of the material contained in this report. Each purchase and single copy is for personal use only. Advanced Truck Technologies Market Report 2019-2029 Forecasts by Application Solution (Infotainment, Vehicle Diagnostics, Safety & Security, Navigation, Tracking & Electronic Logging, Autonomous Driving, V2X System, Others), by Application Services (Design Consulting, Integration & Deployment, Maintenance & Training), by Type (On-Road (Light, Medium, Heavy), Off-Road), by Sales Channel (OEM, Retrofit), by Region Plus Analysis of Top Companies Developing Connected Trucks & Driverless, Self-Driving Trucks
  2. 2. www.visiongain.com/automotive Page 159 Advanced Truck Technologies Market Report 2019-2029: Forecasts By Application Solution (Infotainment, Vehicle Diagnostics, Safety & Security, Navigation, Tracking & Electronic Logging, Autonomous Driving, Vehicle To Everything (V2X), Others)) By Application Services (Design Consulting, Integration & Deployment, Maintenance & Training) By Type (On- Road (Light, Medium, Heavy) ,Off-Road) By Sales Channel (OEM, Retrofit) By Region & Country Plus Analysis Of Top Companies Developing Technologies Table 7.6.3.2: Brazil Advanced Truck Technology Submarket Forecast by Solution, 2019–2029 (US$ Mn, CAGR %) Sales (US$Mn) 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2019- 29 Infotainment 79.7 89.0 99.9 112.6 127.5 145.2 166.3 191.7 222.2 259.3 304.4 359.1 14.7% Vehicle Diagnostics 39.3 43.8 49.0 55.1 62.3 70.8 80.9 93.1 107.7 125.4 146.8 172.9 14.4% Safety & Security 53.5 60.0 67.6 76.6 87.1 99.7 114.7 132.8 154.6 181.2 213.7 253.3 15.2% Navigation, Tracking, and Electronic Logging 68.5 77.1 87.1 98.8 112.7 129.1 148.9 172.8 201.6 236.8 279.8 332.3 15.4% Autonomous Driving 37.1 41.9 47.4 53.9 61.6 70.8 81.9 95.2 111.3 131.1 155.2 184.8 15.7% V2X System 23.5 26.2 29.4 33.1 37.4 42.5 48.7 56.0 64.8 75.5 88.5 104.3 14.5% Others 21.7 23.9 26.4 29.4 32.9 36.9 41.7 47.3 54.1 62.1 71.8 83.4 13.0% Total 323.3 361.9 406.8 459.5 521.5 595.1 683.0 789.0 916.4 1,071.4 1,260.3 1,490.1 14.9% AGR (%) - 12.0% 12.4% 13.0% 13.5% 14.1% 14.8% 15.5% 16.2% 16.9% 17.6% 18.2% Source: Visiongain 2019
  3. 3. www.visiongain.com/automotive Page 163 Advanced Truck Technologies Market Report 2019-2029: Forecasts By Application Solution (Infotainment, Vehicle Diagnostics, Safety & Security, Navigation, Tracking & Electronic Logging, Autonomous Driving, Vehicle To Everything (V2X), Others)) By Application Services (Design Consulting, Integration & Deployment, Maintenance & Training) By Type (On- Road (Light, Medium, Heavy) ,Off-Road) By Sales Channel (OEM, Retrofit) By Region & Country Plus Analysis Of Top Companies Developing Technologies 7.7.3Others Advanced Truck Technology Market Forecast, By Application 2019–2029 Table 7.7.3.2: Others Advanced Truck Technology Submarket Forecast by Solution, 2019–2029 (US$ Mn, CAGR %) Sales (US$Mn) 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2019- 29 Infotainment 111.6 123.2 136.7 152.3 170.5 192.0 217.4 247.7 283.8 327.3 379.8 442.9 13.4% Vehicle Diagnostics 56.1 61.8 68.4 76.0 84.9 95.4 107.7 122.5 140.0 161.0 186.4 216.9 13.1% Safety & Security 75.6 83.8 93.2 104.3 117.2 132.4 150.5 172.1 198.0 229.2 266.9 312.4 13.8% Navigation, Tracking, and Electronic Logging 95.8 106.4 118.6 133.0 149.7 169.5 193.0 221.1 254.8 295.5 344.8 404.3 14.0% Autonomous Driving 52.6 58.6 65.6 73.8 83.3 94.6 108.0 124.2 143.5 166.9 195.3 229.7 14.3% V2X System 33.5 36.9 40.8 45.3 50.6 56.8 64.1 72.8 83.2 95.6 110.6 128.6 13.0% Others 29.2 31.9 35.0 38.6 42.8 47.7 53.4 60.2 68.2 77.8 89.3 102.9 12.1% Total 454.3 502.6 558.3 623.3 699.1 788.3 894.2 1,020.6 1,171.5 1,353.3 1,573.1 1,837.7 13.5% AGR (%) - 10.6% 11.1% 11.6% 12.2% 12.8% 13.4% 14.1% 14.8% 15.5% 16.2% 16.8% Source: Visiongain 2019
  4. 4. www.visiongain.com/automotive Page 180 Advanced Truck Technologies Market Report 2019-2029: Forecasts By Application Solution (Infotainment, Vehicle Diagnostics, Safety & Security, Navigation, Tracking & Electronic Logging, Autonomous Driving, Vehicle To Everything (V2X), Others)) By Application Services (Design Consulting, Integration & Deployment, Maintenance & Training) By Type (On- Road (Light, Medium, Heavy) ,Off-Road) By Sales Channel (OEM, Retrofit) By Region & Country Plus Analysis Of Top Companies Developing Technologies 8.5.2 Daimler Fleetboard GmbH Key Developments Table 8.16 Key Developments Key Activity Description Innovation In January 2019, Daimler Trucks announced that it will invest EUR 500 million (around 570 million USD) over the next years and create more than 200 new jobs in its global push to bring highly automated trucks (SAE level 4) to the road within a decade. Highly automated driving is characterized as automated travel in defined areas and between defined hubs without any expectation of the system that a user will respond to a request to intervene. In commercial trucking, level 4 is the natural next step after level 2, increasing efficiency and productivity for customers, cutting costs per mile significantly. In doing so, Daimler Trucks is skipping the intermediate step of conditionally automated driving (level 3). Level 3 automated driving does not offer truck customers a substantial advantage compared to the current situation as there are no corresponding benefits to compensate for the technology costs Collaboration In December 2018, Daimler AG has partnered with Israel- based car data broker Otonomo Technologies Ltd. As part of the collaboration, Daimler integrated Otonomo’s data gathering technology into Mercedes-Benz connected cars, to offer users customized services according to their use of the vehicle, including usage-based insurance policies and on-demand fueling or charging. The service has been available since mid-December. Source: Visiongain 2019; Daimler FleetBoard GmbH 2018

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