High Growth Possibilities in Truck-As-A-Service Market 2018-2025
The confluence of technologies in
the trucking industry is providing a platform for various stakeholders to build
service and solution-based revenue models. As commercial trucks increasingly
integrate telematics devices, a plethora of services beyond tracking, from
prognostics to asset management to driver behavior management, are being
enabled. The industry view holds that digitalizing the freight brokerage
process has had the greatest impact on improving freight efficiency, reducing
empty miles and emissions, as well as lowering the cost of trucking.
Digital freight brokerage,
telematics services, business analytics, digitalization of retail and
platooning are expected to rapidly expand the Truck-As-A-Service Market from
US$13.26 billion in 2018 to over US$+79.42 billion in 2025.
Top Key Players:
·
Daimler Truck & Bus,
·
Fleet Advantage,
·
Fleet Complete,
·
MAN Truck & Bus,
·
Trimble Transportation Enterprise Solutions
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In terms of region, the market
can be classified into North America, Latin America, Europe, Asia Pacific, and
Middle East & Africa. North America and Europe is likely to dominate the
global truck-as-a-service market during the forecast period. High rate adoption
of telematics services, digital fright brokerage in commercial and light
commercial vehicles is anticipated to boost the truck-as-a-service during the
forecast period. Furthermore, rapid industrialization in China and India owing
to expansion of the warehousing industry and manufacturing plants are likely to
propel the truck-as-a-service industry significantly during the forecast
period.
The study is a source of reliable data on:
·
Market segments and sub-segments
·
Market trends and dynamics
·
Supply and demand
·
Truck-As-A-Service Market size
·
Current trends/opportunities/challenges
·
Competitive landscape
·
Technological breakthroughs
·
Value chain and stakeholder analysis
Collectively, this
Truck-As-A-Service market research report offers complete and accurate
guidelines for shaping the future of businesses. Likewise, this analytical
study helps to make well-informed business decisions. Different leading
companies have been profiled to get up-to-date data from the successful
companies. Additionally, it covers the sales strategies, growth strategies, and
some standard operating procedures. The notable feature of this research report
is, it includes feedback from different global clients and investors which
helps to plan the new approaches for upcoming years.
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