Scope of the Study
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.
The market study is being classified by Type (Portable and Integrated), by Application (Light Truck and Heavy Truck) and major geographies with country level break-up.
VDO (Germany), Garmin (United States), Blackvue (South Korea), Newsmy (China), Shinco (China), Cansonic Dash Cam (United States) and Blackview (China) are some of the key players profiled in the study.
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 predicted period.
AdvanceMarketAnalytics has segmented the market of Global Truck Black Box market by Type, Application and Region.
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.
- Rising logistics activities in developing economies is leading to demand of black box
- Increasing number of cases in road accidents or vehicle failure
- Technological advancements in black box
- Rising industrialisation is leading to logistics
- Limited number of manufacturers of black box
Key Target AudienceManufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase