| Product Code: ETC5883132 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, El Salvador continued to see a high concentration of connected truck imports, with top exporters being China, Taiwan, USA, Mexico, and Vietnam. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-24 remained strong at 15.3%. This indicates a steady demand for connected truck technology in El Salvador, with key players maintaining their presence in the market. The high Herfindahl-Hirschman Index (HHI) suggests that the market remains dominated by a few major exporters, highlighting the importance of strategic partnerships and market positioning.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 El Salvador Connected Truck Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Connected Truck Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Connected Truck Market - Industry Life Cycle |
3.4 El Salvador Connected Truck Market - Porter's Five Forces |
3.5 El Salvador Connected Truck Market Revenues & Volume Share, By Range, 2021 & 2031F |
3.6 El Salvador Connected Truck Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.7 El Salvador Connected Truck Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 El Salvador Connected Truck Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for real-time tracking and monitoring of truck fleets to enhance operational efficiency |
4.2.2 Growing adoption of IoT (Internet of Things) technology in the transportation industry |
4.2.3 Government initiatives to improve road safety and reduce transportation costs |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing connected truck solutions |
4.3.2 Concerns regarding data security and privacy in connected truck systems |
4.3.3 Limited availability of skilled workforce to manage and maintain connected truck technology |
5 El Salvador Connected Truck Market Trends |
6 El Salvador Connected Truck Market Segmentations |
6.1 El Salvador Connected Truck Market, By Range |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Connected Truck Market Revenues & Volume, By DSRC , 2021-2031F |
6.1.3 El Salvador Connected Truck Market Revenues & Volume, By Cellular, 2021-2031F |
6.2 El Salvador Connected Truck Market, By Service |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Connected Truck Market Revenues & Volume, By Fleet Management , 2021-2031F |
6.2.3 El Salvador Connected Truck Market Revenues & Volume, By Cybersecurity & Updates, 2021-2031F |
6.3 El Salvador Connected Truck Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 El Salvador Connected Truck Market Revenues & Volume, By Hardware , 2021-2031F |
6.3.3 El Salvador Connected Truck Market Revenues & Volume, By Software, 2021-2031F |
7 El Salvador Connected Truck Market Import-Export Trade Statistics |
7.1 El Salvador Connected Truck Market Export to Major Countries |
7.2 El Salvador Connected Truck Market Imports from Major Countries |
8 El Salvador Connected Truck Market Key Performance Indicators |
8.1 Average fleet uptime percentage |
8.2 Reduction in fuel consumption per mile |
8.3 Increase in driver productivity |
8.4 Percentage of trucks equipped with real-time monitoring systems |
8.5 Number of road accidents involving connected trucks |
9 El Salvador Connected Truck Market - Opportunity Assessment |
9.1 El Salvador Connected Truck Market Opportunity Assessment, By Range, 2021 & 2031F |
9.2 El Salvador Connected Truck Market Opportunity Assessment, By Service, 2021 & 2031F |
9.3 El Salvador Connected Truck Market Opportunity Assessment, By Component, 2021 & 2031F |
10 El Salvador Connected Truck Market - Competitive Landscape |
10.1 El Salvador Connected Truck Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Connected Truck Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |