Market Overview:
The global OHV telematics market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for OHVs in various applications such as construction, agriculture, and mining. Additionally, the increasing adoption of advanced telematics solutions by end-users is also contributing to the growth of this market. Based on type, the global OHV telematics market can be segmented into cellular and satellite-based systems. Cellular-based systems are expected to account for a larger share of this market than satellite-based systems during the forecast period owing to their lower installation and maintenance costs as compared with satellite-based systems. Based on application, the global OHV telematics market can be segmented into construction, agriculture, mining, and other applications. Construction is expected to account for a major share of this market during the forecast period owing to rising investments in infrastructure development across regions such as North America and Europe.
Product Definition:
OHV Telematics is the technology used to remotely collect and manage data from off-highway vehicles (OHVs). This technology can include GPS tracking, sensors, and other monitoring devices that allow operators to track the location and performance of their OHVs. The use of OHV telematics can help improve safety, efficiency, and compliance with regulations.
Cellular:
Cellular is the largest technology used in OHV telematics market. It accounted for over 80% of the overall market revenue share in 2015. The growth factor for this segment is high-speed data connectivity and coverage, which enables users to connect with other cellular devices using various applications such as video calling, internet browsing, and live TV.
The usage of cellular services has increased significantly due to its benefits such as real-time tracking of vehicles.
Satellite:
Satellite is a communication device using the electromagnetic spectrum to transmit signals. It's an artificial horizon used in navigation and consists of a transmitter, antenna, receiver and its signal path to provide accurate positioning information. Satellite technology has been witnessing significant advancements over the past few years owing to technological developments such as miniaturization of transceiver components and increased power output from satellites. OHV telematics uses satellite-based navigation for transportation applications such as fleet tracking & monitoring, freight logistics management etc.
Application Insights:
The construction segment accounted for the largest revenue share of over 30% in 2017. The growth is attributed to the increasing number of government initiatives such as Make in India and China 2025 which are aimed at promoting investments in various sectors including construction, automotive and electronics. These initiatives are expected to increase spending on infrastructure development activities resulting in increased demand for telematics systems across the globe.
The agriculture segment is anticipated to register a significant CAGR over the forecast period owing to technological advancements that have revolutionized modern farming practices worldwide.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to high demand for telematics solutions and vehicles. In North America, U.S accounted for a major revenue share in 2017 on account of high adoption of these systems by fleet operators such as buses, trucks, and ambulances. Moreover, presence of key players such as General Motors Company; Ford Motor Company; Google LLC; and Garmin Ltd.
In Asia Pacific (APAC), countries such as China and India are anticipated to witness significant growth over the forecast period owing to increasing road accidents that have resulted into increased sales of these systems in this region.
Growth Factors:
- Increasing demand for connected vehicles and the subsequent rise in telematics services
- Proliferation of 4G and 5G networks, which will enable faster data transmission speeds and better coverage for telematics services
- The increasing popularity of shared mobility services, such as ride-sharing and car-sharing, which will create new opportunities for OHV Telematics providers
- The development of autonomous driving technology, which will require advanced telematics systems to support vehicle navigation and collision avoidance functions
- The growing trend towards urbanization, which is leading to an increase in the number of congested cities where OHV Telematics can help reduce traffic congestion
Scope Of The Report
Report Attributes
Report Details
Report Title
OHV Telematics Market Research Report
By Type
Cellular, Satellite
By Application
Construction, Agriculture, Mining
By Companies
TomTom International BV, Harman International Industries Inc., ORBCOMM Inc., Topcon Corporation, Wacker Neuson SE, MiX Telematics Limited, Navman Wireless, Omnitracs LLC, Trackunit A/S, Zonar Systems Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global OHV Telematics Market Report Segments:
The global OHV Telematics market is segmented on the basis of:
Types
Cellular, Satellite
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Agriculture, Mining
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TomTom International BV
- Harman International Industries Inc.
- ORBCOMM Inc.
- Topcon Corporation
- Wacker Neuson SE
- MiX Telematics Limited
- Navman Wireless
- Omnitracs LLC
- Trackunit A/S
- Zonar Systems Inc
Highlights of The OHV Telematics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cellular
- Satellite
- By Application:
- Construction
- Agriculture
- Mining
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the OHV Telematics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
OHV Telematics is a technology that allows drivers to stay connected while driving. OHV Telematics can provide drivers with real-time information about their vehicle, including speed, location, and fuel level. OHV Telematics can also help drivers avoid accidents by warning them of potential hazards ahead.
Some of the major companies in the ohv telematics market are TomTom International BV, Harman International Industries Inc., ORBCOMM Inc., Topcon Corporation, Wacker Neuson SE, MiX Telematics Limited, Navman Wireless, Omnitracs LLC, Trackunit A/S, Zonar Systems Inc.
The ohv telematics market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 OHV Telematics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 OHV Telematics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 OHV Telematics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the OHV Telematics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global OHV Telematics Market Size & Forecast, 2020-2028
4.5.1 OHV Telematics Market Size and Y-o-Y Growth
4.5.2 OHV Telematics Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cellular
5.2.2 Satellite
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Agriculture
6.2.3 Mining
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global OHV Telematics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 OHV Telematics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cellular
9.6.2 Satellite
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Agriculture
9.10.3 Mining
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cellular
10.6.2 Satellite
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Agriculture
10.10.3 Mining
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cellular
11.6.2 Satellite
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Agriculture
11.10.3 Mining
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cellular
12.6.2 Satellite
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Agriculture
12.10.3 Mining
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cellular
13.6.2 Satellite
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Agriculture
13.10.3 Mining
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 OHV Telematics Market: Competitive Dashboard
14.2 Global OHV Telematics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TomTom International BV
14.3.2 Harman International Industries Inc.
14.3.3 ORBCOMM Inc.
14.3.4 Topcon Corporation
14.3.5 Wacker Neuson SE
14.3.6 MiX Telematics Limited
14.3.7 Navman Wireless
14.3.8 Omnitracs LLC
14.3.9 Trackunit A/S
14.3.10 Zonar Systems Inc
