Market Overview:
The global Accenture Connected Truck market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for connected trucks across different applications such as long haul and short haul. North America is expected to hold the largest share of the global Accenture Connected Truck market in 2018, followed by Europe and Asia Pacific. However, Latin America and Middle East & Africa are expected to witness high growth rates during the forecast period owing to increasing investments in transportation infrastructure in these regions.
Product Definition:
The Accenture Connected Truck is a service that helps connect trucks and their drivers with the necessary resources to improve safety, efficiency and performance. By using sensors and GPS tracking, the truck can communicate with dispatchers and other drivers on the road to help optimize routes, avoid accidents and minimize idle time.
LCV:
LCV is short for light commercial vehicle. It is a truck that has an option of being connected to the internet through either Wi-Fi or 4G LTE connection. Connected trucks are expected to be widely used in the logistics industry owing to benefits such as reduced fuel consumption, enhanced safety and security, and real-time inventory tracking among others.
HCV:
HCV is Hepatitis C Virus. It is a virus that attacks the liver and can lead to serious complications if not treated at an early stage. According to the CDC, around 1.5 million people in U.S are infected with HCV every year and around 600,000 Americans die due to this infection each year as stated by HealthGrove 2018 .
Application Insights:
The long-haul segment dominated the global market in 2017. The growth can be attributed to the rising demand for intermodal transport services, wherein trucks carry goods from a source to a destination across different modes of transport such as air, rail and water. Furthermore, growing demand for energy efficient vehicles is expected to drive the adoption of connected trucks over conventional diesel or gasoline powered heavy-duty commercial vehicles over the forecast period.
The short-haul segment is anticipated to witness significant growth in near future owing to increasing penetration of e-commerce and rapid industrialization across various regions including Asia Pacific, Middle East & Africa and Latin America. In addition, several governments are taking initiatives towards promoting electric vehicle adoption which will further propel industry expansion over next few years.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in various technologies such as IoT, AI, and robotics. Moreover, growing demand for connected trucks from China and India owing to regulatory support for enhanced safety standards is anticipated to drive the regional market growth over the forecast period.
The European region accounted for a significant share of revenue in 2017 owing to early adoption of technology coupled with high spending capacity of companies operating in this sector. Companies such as DHL International GmbH; Federal Barge Bureau; CityBustrader; Deutsche Bahn AG & Co.
Growth Factors:
- Increasing demand for connected trucks from logistics and transportation companies to improve fleet efficiency and safety.
- Proliferation of telematics services and platforms that provide truck-specific connectivity, analytics, and management tools.
- Growing demand for aftermarket telematics devices as original equipment manufacturers (OEMs) continue to embed these features into new trucks models.
- Development of autonomous driving technology that can be used in conjunction with connected trucks to improve freight movement and safety on the roads.
Scope Of The Report
Report Attributes
Report Details
Report Title
Accenture Connected Truck Market Research Report
By Type
LCV, HCV, Buses
By Application
Long Haul, Short Haul
By Companies
Daimler, Scania, Volvo, DAF, MAN, Renault Trucks, IVECO, Daimler
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Accenture Connected Truck Market Report Segments:
The global Accenture Connected Truck market is segmented on the basis of:
Types
LCV, HCV, Buses
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Long Haul, Short Haul
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Daimler
- Scania
- Volvo
- DAF
- MAN
- Renault Trucks
- IVECO
- Daimler
Highlights of The Accenture Connected Truck Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LCV
- HCV
- Buses
- By Application:
- Long Haul
- Short Haul
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Accenture Connected Truck Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Accenture Connected Truck is a connected vehicle platform that provides truckers with real-time information about their cargo, including location and condition. The platform also allows drivers to manage their routes and schedules, as well as communicate with customers.
Some of the major players in the accenture connected truck market are Daimler, Scania, Volvo, DAF, MAN, Renault Trucks, IVECO, Daimler.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Accenture Connected Truck Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Accenture Connected Truck Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Accenture Connected Truck Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Accenture Connected Truck Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Accenture Connected Truck Market Size & Forecast, 2020-2028 4.5.1 Accenture Connected Truck Market Size and Y-o-Y Growth 4.5.2 Accenture Connected Truck Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 LCV
5.2.2 HCV
5.2.3 Buses
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Long Haul
6.2.2 Short Haul
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Accenture Connected Truck Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Accenture Connected Truck Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 LCV
9.6.2 HCV
9.6.3 Buses
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Long Haul
9.10.2 Short Haul
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 LCV
10.6.2 HCV
10.6.3 Buses
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Long Haul
10.10.2 Short Haul
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 LCV
11.6.2 HCV
11.6.3 Buses
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Long Haul
11.10.2 Short Haul
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 LCV
12.6.2 HCV
12.6.3 Buses
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Long Haul
12.10.2 Short Haul
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 LCV
13.6.2 HCV
13.6.3 Buses
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Long Haul
13.10.2 Short Haul
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Accenture Connected Truck Market: Competitive Dashboard
14.2 Global Accenture Connected Truck Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Daimler
14.3.2 Scania
14.3.3 Volvo
14.3.4 DAF
14.3.5 MAN
14.3.6 Renault Trucks
14.3.7 IVECO
14.3.8 Daimler