Rise in adoption of telematics systems and adoption of latest technologies in order to enhance driver and vehicle performance along with fuel economy, safe driving promotion and to avoid unwanted breakdowns adoption of latest technologies is increasing. Moreover, the trucking business has become highly competitive and truck manufacturers focusing on cutting-edge technology in order to capture the market. Truck manufacturers are emphasizing on those technologies that reduce downtime, enhance efficiency, and enhance safety parameters. Adoption of highly technical electronic components transforming the product based business model into service based business model likely to drive the truck-as-a-service market . Rapid changes and innovation in driver monitoring, transmission, infotainment system, truck safety, comfort, and convince are likely to increase integration of technology during the forecast period. Expansion of the e-commerce industry in developing countries along with incre...