| Product Code: ETC5883118 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Canada connected truck market witnessed a steady increase in imports from 2020 to 2024. The compound annual growth rate (CAGR) of 14.11% during this period, along with a year-on-year growth rate of 4.88% in 2023-2024, contributed to the overall rise in imported connected trucks during these years.

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 Canada Connected Truck Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Connected Truck Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Connected Truck Market - Industry Life Cycle |
3.4 Canada Connected Truck Market - Porter's Five Forces |
3.5 Canada Connected Truck Market Revenues & Volume Share, By Range, 2021 & 2031F |
3.6 Canada Connected Truck Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.7 Canada Connected Truck Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 Canada Connected Truck Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fleet management solutions to improve operational efficiency and reduce costs. |
4.2.2 Technological advancements in telematics and IoT driving the adoption of connected truck solutions. |
4.2.3 Government regulations mandating the use of connected technologies for safety and environmental compliance. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with implementing connected truck solutions. |
4.3.2 Concerns over data security and privacy hindering adoption rates. |
4.3.3 Lack of standardized protocols and integration challenges between different systems. |
5 Canada Connected Truck Market Trends |
6 Canada Connected Truck Market Segmentations |
6.1 Canada Connected Truck Market, By Range |
6.1.1 Overview and Analysis |
6.1.2 Canada Connected Truck Market Revenues & Volume, By DSRC , 2021-2031F |
6.1.3 Canada Connected Truck Market Revenues & Volume, By Cellular, 2021-2031F |
6.2 Canada Connected Truck Market, By Service |
6.2.1 Overview and Analysis |
6.2.2 Canada Connected Truck Market Revenues & Volume, By Fleet Management , 2021-2031F |
6.2.3 Canada Connected Truck Market Revenues & Volume, By Cybersecurity & Updates, 2021-2031F |
6.3 Canada Connected Truck Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Canada Connected Truck Market Revenues & Volume, By Hardware , 2021-2031F |
6.3.3 Canada Connected Truck Market Revenues & Volume, By Software, 2021-2031F |
7 Canada Connected Truck Market Import-Export Trade Statistics |
7.1 Canada Connected Truck Market Export to Major Countries |
7.2 Canada Connected Truck Market Imports from Major Countries |
8 Canada Connected Truck Market Key Performance Indicators |
8.1 Average fuel efficiency improvement per connected truck. |
8.2 Reduction in maintenance costs per fleet vehicle after implementing connected solutions. |
8.3 Increase in driver safety scores based on connected technologies. |
8.4 Percentage decrease in idle time of trucks with connected solutions. |
8.5 Improvement in delivery times or route optimization efficiency with connected truck technologies. |
9 Canada Connected Truck Market - Opportunity Assessment |
9.1 Canada Connected Truck Market Opportunity Assessment, By Range, 2021 & 2031F |
9.2 Canada Connected Truck Market Opportunity Assessment, By Service, 2021 & 2031F |
9.3 Canada Connected Truck Market Opportunity Assessment, By Component, 2021 & 2031F |
10 Canada Connected Truck Market - Competitive Landscape |
10.1 Canada Connected Truck Market Revenue Share, By Companies, 2024 |
10.2 Canada Connected Truck Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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