Market Overview:
The global passenger car telematics market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for connected cars and rising adoption of advanced technologies, such as Carplay, Carlife, and Android Auto. In addition, the increasing demand for smart transportation solutions is also contributing to the growth of this market. Based on type, the global passenger car telematics market can be segmented into Carplay, Carlife, and Android Auto. Of these segments, Carplay is expected to account for a major share of this market during the forecast period owing to its growing popularity among consumers across different regions.
Product Definition:
Passenger car telematics is the term used to describe a system that collects and records data related to the use of a passenger car. This data can include, but is not limited to, information about the vehicle's location, speed, and direction. Passenger car telematics systems can also be used to monitor things like fuel levels and engine performance. The importance of passenger car telematics lies in its ability to help drivers improve their driving habits as well as maintain their vehicles more effectively.
Carplay:
Carplay is a trademark name for the software platform that enables automobile manufacturers to design and implement their own operating systems. The CarPlay system developed by Apple Inc. supports vehicle OEMs in designing user interfaces for car controls, entertainment, navigation and communication features on-vehicle digital displays.
Carlife:
Carlife is a service that allows drivers to track their vehicle’s health and provides them with useful information regarding the maintenance of their car. It also helps them get alerts about any potential issues with the vehicle. The service was launched in Europe in 2015 and has been adopted by several countries since then, including India, South Korea, Brazil, Australia among others.
The key players providing this solution include Aptiv PLC (U.S.
Application Insights:
The rail application segment accounted for the largest revenue share of over 40% in 2017. The growing adoption of telematics devices in railways to monitor the behavior and performance of train drivers has been a major factor contributing to the large share. Moreover, governments are increasingly deploying these systems in railways to improve road safety and monitor driver behavior, which is also expected to drive growth over the forecast period.
The automobile application segment is anticipated witness significant growth during the forecast period owing to increasing government regulations on vehicle safety and security across various regions including North America, Europe, Asia Pacific and Middle East & Africa. For instance, government agencies such as Transport Research Laboratory (TRL) have been working with automotive manufacturers on advanced driver-assistance systems (ADAS), which include vision sensors that can scan traffic signs for lane departure warning or blind spot detection functions among others involving complex cyber-security issues requiring solution providers across all industry verticals.
Regional Analysis:
North America dominated the global passenger car telematics market in 2017. This can be attributed to the presence of key automobile manufacturers such as General Motors, Ford and Tesla in this region. The U.S., being a developed economy, has high penetration of these vehicles and is expected to grow at a significant rate over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the next eight years owing to increasing government initiatives for road safety coupled with rising disposable income among consumers especially in China.
Europe also held a considerable share of global revenue due to growing demand for connected cars particularly among premium vehicle manufacturers such as BMW, Mercedes Benz.
Growth Factors:
- Increasing demand for safety and security features in passenger cars
- Rising disposable income of consumers in developing countries
- Proliferation of smartphones and other connected devices
- Government regulations mandating the installation of telematics systems in passenger cars
- Advancements in telematics technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Passenger Car Telematics Market Research Report
By Type
Carplay, Carlife, Android Auto
By Application
Ferris Wheel, Rail, Automobile
By Companies
Toyota, Honda, Volvo, Ford, Nissan, Mercedes-Benz, Hyundai, BMW, Bosch, Airbiquity, Continental
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Passenger Car Telematics Market Report Segments:
The global Passenger Car Telematics market is segmented on the basis of:
Types
Carplay, Carlife, Android Auto
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
Ferris Wheel, Rail, Automobile
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:
- Toyota
- Honda
- Volvo
- Ford
- Nissan
- Mercedes-Benz
- Hyundai
- BMW
- Bosch
- Airbiquity
- Continental
Highlights of The Passenger Car 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:
- Carplay
- Carlife
- Android Auto
- By Application:
- Ferris Wheel
- Rail
- Automobile
- 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 Passenger Car 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Passenger car telematics is a technology that allows drivers to use their smartphones to access information about their vehicle, such as the fuel level and temperature. This information can be used to help keep drivers safe and informed while driving.
Some of the key players operating in the passenger car telematics market are Toyota, Honda, Volvo, Ford, Nissan, Mercedes-Benz, Hyundai, BMW, Bosch, Airbiquity, Continental.
The passenger car telematics market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Passenger Car 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 Passenger Car Telematics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Passenger Car 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 Passenger Car 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 Passenger Car Telematics Market Size & Forecast, 2018-2028
4.5.1 Passenger Car Telematics Market Size and Y-o-Y Growth
4.5.2 Passenger Car Telematics Market Absolute $ Opportunity
Chapter 5 Global Passenger Car Telematics 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 Passenger Car Telematics Market Size Forecast by Type
5.2.1 Carplay
5.2.2 Carlife
5.2.3 Android Auto
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Passenger Car Telematics 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 Passenger Car Telematics Market Size Forecast by Applications
6.2.1 Ferris Wheel
6.2.2 Rail
6.2.3 Automobile
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Passenger Car 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 Passenger Car 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 Passenger Car Telematics Analysis and Forecast
9.1 Introduction
9.2 North America Passenger Car Telematics 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 Passenger Car Telematics Market Size Forecast by Type
9.6.1 Carplay
9.6.2 Carlife
9.6.3 Android Auto
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 Passenger Car Telematics Market Size Forecast by Applications
9.10.1 Ferris Wheel
9.10.2 Rail
9.10.3 Automobile
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 Passenger Car Telematics Analysis and Forecast
10.1 Introduction
10.2 Europe Passenger Car Telematics 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 Passenger Car Telematics Market Size Forecast by Type
10.6.1 Carplay
10.6.2 Carlife
10.6.3 Android Auto
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 Passenger Car Telematics Market Size Forecast by Applications
10.10.1 Ferris Wheel
10.10.2 Rail
10.10.3 Automobile
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 Passenger Car Telematics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Passenger Car Telematics 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 Passenger Car Telematics Market Size Forecast by Type
11.6.1 Carplay
11.6.2 Carlife
11.6.3 Android Auto
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 Passenger Car Telematics Market Size Forecast by Applications
11.10.1 Ferris Wheel
11.10.2 Rail
11.10.3 Automobile
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 Passenger Car Telematics Analysis and Forecast
12.1 Introduction
12.2 Latin America Passenger Car Telematics 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 Passenger Car Telematics Market Size Forecast by Type
12.6.1 Carplay
12.6.2 Carlife
12.6.3 Android Auto
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 Passenger Car Telematics Market Size Forecast by Applications
12.10.1 Ferris Wheel
12.10.2 Rail
12.10.3 Automobile
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) Passenger Car Telematics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Passenger Car Telematics 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) Passenger Car Telematics Market Size Forecast by Type
13.6.1 Carplay
13.6.2 Carlife
13.6.3 Android Auto
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) Passenger Car Telematics Market Size Forecast by Applications
13.10.1 Ferris Wheel
13.10.2 Rail
13.10.3 Automobile
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 Passenger Car Telematics Market: Competitive Dashboard
14.2 Global Passenger Car Telematics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toyota
14.3.2 Honda
14.3.3 Volvo
14.3.4 Ford
14.3.5 Nissan
14.3.6 Mercedes-Benz
14.3.7 Hyundai
14.3.8 BMW
14.3.9 Bosch
14.3.10 Airbiquity
14.3.11 Continental
