High Growth Possibilities in Truck-As-A-Service Market 2018-2025

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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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