Global Truck Video Safety Solutions Market Size Will Hit USD 3,393 Million By 2027

Global Truck Video Safety Solutions Market

Facts and Factors Market Research has published a new report titled "Truck Video Safety Solutions Market By Fleet Size (Small Fleet and Larger Fleet), By Vehicle Type (Light Commercial Vehicle and Medium/Heavy Commercial Vehicles), By Recording View Type (Drivers & Forward and Others), By Business Model (Upfront and Subscription), and By Application (Logistics, Retail, Energy & Utilities, Construction & Mining, Oil & Petroleum, and Finance & Banking): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2027". According to the report, the global truck video safety solutions market is anticipated to be valued approximately USD 502 million in 2018 and is projected to hit the revenue of around USD 3,393 million by 2027, at a CAGR of around 23.6% between 2019 and 2027.
Request to Access Free Sample @

(The sample pages of this report is immediately accessible on demand). This Free report sample includes:

The report covers present status and future prospects.
The report analyses market trends, size, and forecast in different geographically.
The report provides market competition overview among the Top companies.
The report provides a complete analysis of the current and emerging market trends and opportunities.
Example pages from the report.
FnF research methodology. The truck video safety solutions comprise of a wireless camera connected with the truck front. The camera is further attached to a video wall made up of four exterior monitors stationed on the truck back, thereby assisting the monitors to offer the truck drivers with a view about the happenings behind the truck in the dark night.

This also assists the truck drivers to make a decision whether it is safer to overtake or not. Apart from this, another benefit of using truck video safety solutions is that it reduces the risks of fatal collision when an animal or a person crosses the road through the proper application of brakes. Video safety solutions also help in monitoring the behavior of the drivers as well as their performance.

It also facilitates the employer of the driver to offer feedback to the driver about improving his or her driving. Massive awareness & use of safety technologies in developed countries to boost the market expansion The large-scale awareness about the safety systems like video safety solutions in developed economies of Europe and North America are expected to boost the market trends.

Additionally, the escalating consciousness pertaining to 360-degree camera views, predictive analytics, telematics integration, advanced driver assistance projects, and extended recording is likely to assist the truck drivers in their decision-making process. This is predicted to drive the growth of the truck video safety solutions industry over the forecast timeline. Make An Inquiry About This Report @

(You may enquire a report quote OR available discount offers to our sales team before purchase.) Moreover, a growing necessity to ensure the safety of both the drivers and pedestrians will embellish the growth of the truck video safety solutions industry over the forecast timeline. In addition to this, favorable government schemes supporting the use of truck video safety solutions will further spur business growth during the forecast timespan.

Today, many of the transport & logistics firms are accepting the video safety solutions for their vehicles for ensuring the driver safety and this will culminate in the greater usage of video safety solutions in trucks as well as in automobiles. Large-scale usage of advanced technologies in the automotive sector will further boost product sales. Medium & heavy commercial vehicles to dominate the vehicle type segment

The medium & heavy commercial vehicles segment is expected to majorly contribute towards the overall market revenue share by the end of 2027. The growth of the segment is credited to huge sales of these vehicles across the globe. Logistics segment to lead the application landscape over the forecast period

The growth of the segment is attributed to the massive use of truck video safety solutions in logistics activities like transporting goods to consumers through trucks. Explore Complete TOC/ Ask for Customization @ (This report can be customized to meet the client's requirements.

Please connect with our sales team, to customize your report according to research needs). North America to majorly contribute towards the overall regional market share The growth of the regional market is credited to the massive use of the video safety solutions in the larger truck fleet along with high demand for video-based onboard safety monitoring solutions in the large commercial trucks in the countries like the U.S.

The key players included in this market are AB Volvo, Daimler AG, Driverless. global, DuPont, Goodyear, GreenRoad Technologies, Inc., Intertruck, Knorr-Bremse AG, LightMetrics, Lytx, Inc., MiX Telematics, Netradyne, Omnitracs, Ryder System, Inc., Safe Fleet, Scania, SmartDrive Systems, Inc., Teletrac Navman US Ltd, Trimble, and Verizon. This report segments the truck video safety solutions market as follows: Global Truck Video Safety Solutions Market: By Fleet Size Segment Analysis

Small Fleet
Larger Fleet Global Truck Video Safety Solutions Market: By Vehicle Type Segment Analysis Light Commercial Vehicle
Medium/Heavy Commercial Vehicle

Global Truck Video Safety Solutions Market: By Recording View Type Segment Analysis Drivers & Forward
Others Global Truck Video Safety Solutions Market: By Business Model Segment Analysis

Subscription Global Truck Video Safety Solutions Market: By Application Segment Analysis Logistics
Energy & Utilities
Construction & Mining
Oil & Petroleum
Finance & Banking

Global Truck Video Safety Solutions Market: Regional Segment Analysis North America
Asia Pacific
Latin America
Middle East and Africa Contact Us:

Facts & Factors Global Headquarters Level 8, International Finance Center, Tower 2,
8 Century Avenue, Shanghai,
Postal - 200120, China
Tel: +86 21 80360450

Email: [email protected] Web: About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client's/customer's conviction on our solutions and services has pushed us in delivering always the best.

Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

This release was published on openPR.

You may also like...