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Global Truck-as-a-Service Market 2020-2024: Market is Poised to Grow by $19.02 Billion

Dublin, Nov. 27, 2020 (GLOBE NEWSWIRE) -- The "Global Truck-as-a-Service Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

The truck-as-a-service market is poised to grow by $ 19.02 bn during 2020-2024 progressing at a CAGR of 18% during the forecast period.

This study identifies the adoption of blockchain in trucking as one of the prime reasons driving the truck-as-a-service market growth during the next few years. Also, advent of over-the-air software updates and the emergence of electric trucks will lead to sizable demand in the market.

The market is driven by the digital transformation in trucking industry, growth of e-commerce industry, and increasing implementation of IoT in trucking.

The reports on truck-as-a-service market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The truck-as-a-service market analysis includes service segment and geographical landscapes

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading truck-as-a-service market vendors that include AB Volvo, Daimler AG, Fleet Advantage LLC, Fleet Complete, Ford Motor Co., Hino Motors Ltd., Microlise Group Ltd., Tata Motors Ltd., Trimble Inc., and Volkswagen AG.

Also, the truck-as-a-service market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Key Topics Covered:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem

  • Value chain analysis

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Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2019

  • Market outlook: Forecast for 2019-2024

Five Forces Analysis

  • Five forces summary

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

Market Segmentation by Service

  • Market segments

  • Comparison by Service

  • Digital freight brokerage - Market size and forecast 2019-2024

  • Telematics - Market size and forecast 2019-2024

  • Data analytics - Market size and forecast 2019-2024

  • Truck platooning - Market size and forecast 2019-2024

  • Market opportunity by Service

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • North America - Market size and forecast 2019-2024

  • Europe - Market size and forecast 2019-2024

  • APAC - Market size and forecast 2019-2024

  • MEA - Market size and forecast 2019-2024

  • South America - Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • AB Volvo

Daimler AG

  • Fleet Advantage LLC

  • Fleet Complete

  • Ford Motor Co.

  • Hino Motors Ltd.

  • Microlise Group Ltd.

  • Tata Motors Ltd.

  • Trimble Inc.

  • Volkswagen AG

Appendix

For more information about this report visit https://www.researchandmarkets.com/r/potrfr

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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