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Truck Black Box Comprehensive Study by Type (Portable, Integrated), Application (Light Truck, Heavy Truck), Distribution channel (OEM, Aftermarket) Players and Region - Global Market Outlook to 2028
Truck Black Box Market by XX Submarkets | Forecast Years 2023-2028
What is Truck Black Box Market?
A black box is an electronic control module. It stores the information about the physical properties at the time of accident and input into ELD through sensors. This type of information helps to identify the cause of accident and prove a case. The information includes truck’s speed, time of brakes applied, daily truck activity, GPS location information, tire pressure and others. There are various benefits of black box such as reduced paperwork and hours needed to record the data. Also, the drivers can be paid efficiently according to the distance covered.
Highlights from Truck Black Box Market Study
| Attributes | Details |
|---|---|
| Study Period | 2018-2028 |
| Base Year | 2022 |
| Unit | Value (USD Million) |
| Key Companies Profiled | VDO (Germany), Garmin (United States), Blackvue (South Korea), Newsmy (China), Shinco (China), Cansonic Dash Cam (United States), Blackview (China), Car Black Box, MPParts and Hyundai |
The market of Truck’s Black box are focusing on the innovations for optimisations. Also, the players are investing on R&D. The companies are also looking to manufacture efficient devices. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Truck Black Box market throughout the forecasted period.
VDO (Germany), Garmin (United States), Blackvue (South Korea), Newsmy (China), Shinco (China), Cansonic Dash Cam (United States), Blackview (China), Car Black Box, MPParts and Hyundai are some of the key players profiled in the study.
Truck Black Box Market Segmentation:
| Scope | Sub-Segments |
|---|---|
| Application / End User | Light Truck and Heavy Truck |
| Type | Portable and Integrated |
| Distribution channel | OEM,Aftermarket |
On the basis of geography, the market of Truck Black Box has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological advancements in black boxMarket Growth Drivers:
Rising logistics activities in developing economies is leading to demand of black box and Increasing number of cases in road accidents or vehicle failureChallenges:
Limited number of manufacturers of black boxRestraints:
The black box can record any malfunctions or failures of the restraint system, such as a seat belt that did not properly secure the driver or a malfunctioning airbagOpportunities:
Rising industrialisation is leading to logisticsKey Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and OrganisationsMarket Leaders & Development Strategies
In 2020, Garmin acquired Firstbeat Analytics, a company that provides physiological analytics for sports and wellness devices. This acquisition was aimed at enhancing Garmin's wearable technology offerings with advanced analytics capabilities.The global truck black box market is expected to continue growing as the trucking industry looks for ways to improve safety, comply with government regulations, and reduce costs
In the United States, the National Highway Traffic Safety Administration (NHTSA) has established guidelines for the use of truck black boxes. These guidelines require that black boxes in commercial trucks meet certain standards for accuracy, reliability, and data collection
Report Objectives / Segmentation Covered
By Type
- Portable
- Integrated
By Application
- Light Truck
- Heavy Truck
By Distribution channel
- OEM
- Aftermarket
By Regions
- South America
- Brazil
- Argentina
- Rest of South America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Taiwan
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- Italy
- United Kingdom
- Netherlands
- Rest of Europe
- MEA
- Middle East
- Africa
- North America
- United States
- Canada
- Mexico
- 1. Market Overview
- 1.1. Introduction
- 1.2. Scope/Objective of the Study
- 1.2.1. Research Objective
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Rising logistics activities in developing economies is leading to demand of black box
- 3.2.2. Increasing number of cases in road accidents or vehicle failure
- 3.3. Market Challenges
- 3.3.1. Limited number of manufacturers of black box
- 3.4. Market Trends
- 3.4.1. Technological advancements in black box
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Truck Black Box, by Type, Application, Distribution channel and Region (value and price ) (2017-2022)
- 5.1. Introduction
- 5.2. Global Truck Black Box (Price)
- 5.2.1. Global Truck Black Box by: Type (Price)
- 6. Truck Black Box: Manufacturers/Players Analysis
- 6.1. Competitive Landscape
- 6.1.1. Market Share Analysis
- 6.1.1.1. Top 3
- 6.1.1.2. Top 5
- 6.1.1. Market Share Analysis
- 6.2. Peer Group Analysis (2022)
- 6.3. BCG Matrix
- 6.4. Company Profile
- 6.4.1. VDO (Germany)
- 6.4.1.1. Business Overview
- 6.4.1.2. Products/Services Offerings
- 6.4.1.3. Financial Analysis
- 6.4.1.4. SWOT Analysis
- 6.4.2. Garmin (United States)
- 6.4.2.1. Business Overview
- 6.4.2.2. Products/Services Offerings
- 6.4.2.3. Financial Analysis
- 6.4.2.4. SWOT Analysis
- 6.4.3. Blackvue (South Korea)
- 6.4.3.1. Business Overview
- 6.4.3.2. Products/Services Offerings
- 6.4.3.3. Financial Analysis
- 6.4.3.4. SWOT Analysis
- 6.4.4. Newsmy (China)
- 6.4.4.1. Business Overview
- 6.4.4.2. Products/Services Offerings
- 6.4.4.3. Financial Analysis
- 6.4.4.4. SWOT Analysis
- 6.4.5. Shinco (China)
- 6.4.5.1. Business Overview
- 6.4.5.2. Products/Services Offerings
- 6.4.5.3. Financial Analysis
- 6.4.5.4. SWOT Analysis
- 6.4.6. Cansonic Dash Cam (United States)
- 6.4.6.1. Business Overview
- 6.4.6.2. Products/Services Offerings
- 6.4.6.3. Financial Analysis
- 6.4.6.4. SWOT Analysis
- 6.4.7. Blackview (China)
- 6.4.7.1. Business Overview
- 6.4.7.2. Products/Services Offerings
- 6.4.7.3. Financial Analysis
- 6.4.7.4. SWOT Analysis
- 6.4.8. Car Black Box
- 6.4.8.1. Business Overview
- 6.4.8.2. Products/Services Offerings
- 6.4.8.3. Financial Analysis
- 6.4.8.4. SWOT Analysis
- 6.4.9. MPParts
- 6.4.9.1. Business Overview
- 6.4.9.2. Products/Services Offerings
- 6.4.9.3. Financial Analysis
- 6.4.9.4. SWOT Analysis
- 6.4.10. Hyundai
- 6.4.10.1. Business Overview
- 6.4.10.2. Products/Services Offerings
- 6.4.10.3. Financial Analysis
- 6.4.10.4. SWOT Analysis
- 6.4.1. VDO (Germany)
- 6.1. Competitive Landscape
- 7. Global Truck Black Box Sale, by Type, Application, Distribution channel and Region (value and price ) (2023-2028)
- 7.1. Introduction
- 7.2. Global Truck Black Box (Price)
- 7.2.1. Global Truck Black Box by: Type (Price)
- 8. Appendix
- 8.1. Acronyms
- 9. Methodology and Data Source
- 9.1. Methodology/Research Approach
- 9.1.1. Research Programs/Design
- 9.1.2. Market Size Estimation
- 9.1.3. Market Breakdown and Data Triangulation
- 9.2. Data Source
- 9.2.1. Secondary Sources
- 9.2.2. Primary Sources
- 9.3. Disclaimer
- 9.1. Methodology/Research Approach
List of Tables
- Table 1. Truck Black Box: by Type(USD/Units)
- Table 2. Company Basic Information, Sales Area and Its Competitors
- Table 3. Company Basic Information, Sales Area and Its Competitors
- Table 4. Company Basic Information, Sales Area and Its Competitors
- Table 5. Company Basic Information, Sales Area and Its Competitors
- Table 6. Company Basic Information, Sales Area and Its Competitors
- Table 7. Company Basic Information, Sales Area and Its Competitors
- Table 8. Company Basic Information, Sales Area and Its Competitors
- Table 9. Company Basic Information, Sales Area and Its Competitors
- Table 10. Company Basic Information, Sales Area and Its Competitors
- Table 11. Company Basic Information, Sales Area and Its Competitors
- Table 12. Truck Black Box: by Type(USD/Units)
- Table 13. Research Programs/Design for This Report
- Table 14. Key Data Information from Secondary Sources
- Table 15. Key Data Information from Primary Sources
List of Figures
- Figure 1. Porters Five Forces
- Figure 2. Supply/Value Chain
- Figure 3. PESTEL analysis
- Figure 4. Global Truck Black Box: by Type USD/Units (2017-2022)
- Figure 5. Global Truck Black Box share by Players 2022 (%)
- Figure 6. Global Truck Black Box share by Players (Top 3) 2022(%)
- Figure 7. Global Truck Black Box share by Players (Top 5) 2022(%)
- Figure 8. BCG Matrix for key Companies
- Figure 9. VDO (Germany) Revenue, Net Income and Gross profit
- Figure 10. VDO (Germany) Revenue: by Geography 2022
- Figure 11. Garmin (United States) Revenue, Net Income and Gross profit
- Figure 12. Garmin (United States) Revenue: by Geography 2022
- Figure 13. Blackvue (South Korea) Revenue, Net Income and Gross profit
- Figure 14. Blackvue (South Korea) Revenue: by Geography 2022
- Figure 15. Newsmy (China) Revenue, Net Income and Gross profit
- Figure 16. Newsmy (China) Revenue: by Geography 2022
- Figure 17. Shinco (China) Revenue, Net Income and Gross profit
- Figure 18. Shinco (China) Revenue: by Geography 2022
- Figure 19. Cansonic Dash Cam (United States) Revenue, Net Income and Gross profit
- Figure 20. Cansonic Dash Cam (United States) Revenue: by Geography 2022
- Figure 21. Blackview (China) Revenue, Net Income and Gross profit
- Figure 22. Blackview (China) Revenue: by Geography 2022
- Figure 23. Car Black Box Revenue, Net Income and Gross profit
- Figure 24. Car Black Box Revenue: by Geography 2022
- Figure 25. MPParts Revenue, Net Income and Gross profit
- Figure 26. MPParts Revenue: by Geography 2022
- Figure 27. Hyundai Revenue, Net Income and Gross profit
- Figure 28. Hyundai Revenue: by Geography 2022
- Figure 29. Global Truck Black Box: by Type USD/Units (2023-2028)
List of companies from research coverage that are profiled in the study
- VDO (Germany)
- Garmin (United States)
- Blackvue (South Korea)
- Newsmy (China)
- Shinco (China)
- Cansonic Dash Cam (United States)
- Blackview (China)
- Car Black Box
- MPParts
- Hyundai
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Key Highlights of Report
May 2023
228 Pages
81 Tables
Base Year: 2022
Coverage: 15+ Companies; 18 Countries
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" is seen as one of major growth factors of Truck Black Box Market in years to come.
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