Market Overview:
The global telematics solutions 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 fleet management and navigation services, rising adoption of connected cars, and growing demand for real-time data analytics. The construction equipment segment is expected to hold the largest share of the global telematics solutions market in 2018. This can be attributed to the increasing demand for fleet management and navigation services in this segment. The agriculture tractors segment is projected to grow at a high CAGR during the forecast period owing to rising adoption of connected agriculture tractors across various regions. Location/usage tracking, fuel management, maintenance and repair scheduling, diagnostics,.
Product Definition:
Telematics is a term used to describe the use of telecommunications and information technology in vehicles, especially in providing enhanced safety, security and vehicle management features. Telematics solutions are important for businesses because they can help improve fleet efficiency, optimize routing, and track driver behavior. They can also help reduce fuel costs and emissions.
Construction Equipment:
Construction equipment is a vehicle, which is used for construction work. Construction equipment includes everything from wheeled scrapers to backhoe loaders and from concrete mixers to road construction vehicles. The global market for construction equipment was valued at USD 63 billion in 2016 and it is expected to grow at a CAGR of XX% over the forecast period.
Agriculture Tractors:
Agriculture tractors are motorized vehicles used for farming and agricultural purposes. They are equipped with various attachments such as plows, harrows, seeder, loader and much more. Agriculture tractors can be used in a variety of applications such as small holding to large farmhold depending on the type of tractor manufactured and its attachments.
Application Insights:
The location/usage tracking segment dominated the global telematics solutions market in 2017. The segment is expected to grow at a CAGR of XX% from 2018 to 2030. Increasing adoption of these solutions for fleet management is one of the key factors driving the growth. Furthermore, governments are increasingly deploying these systems for vehicle fleets, public transport buses, and other vehicles as part of an integrated city solution or smart city project. This will help improve traffic management and transportation system efficiency by reducing congestion and improving passenger safety with real-time information on vehicle locations.
The fuel management segment accounted for over 15% share in 2017 owing to its rising adoption across various industries such as oil & gas, heavy machinery manufacturing among others where remote monitoring & controlling equipment are used extensively along with advanced analytics tools provided by vendors such as Esri ArcGIS platform or Mapper Inc.
Regional Analysis:
The North American regional market dominated the global telematics solutions industry in 2016 and accounted for over 35% of the overall revenue share. The region is expected to maintain its dominance throughout the forecast period owing to increasing adoption of safety-related technologies across various industries, such as construction, transportation and logistics. Furthermore, presence of a large number of fleet management solution providers in this region will help it retain its position through continuous innovation and development.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to rising demand for cost-effective & innovative telematics solutions from several major OEMs based out of China. These companies are increasingly focusing on introducing new features into their products that comply with stringent regulations set by governing bodies such as eCall mandate implemented by the European government or IIoT platform requirements set by governments in Japan or Australia among others will further boost growth across this region during 2017 - 2030 time frame.
Growth Factors:
- Increasing demand for safety and security in vehicles
- Government regulations for vehicle safety and security
- Rising demand for fleet management solutions
- Proliferation of connected cars and autonomous vehicles
- Growing popularity of telematics-based insurance
Scope Of The Report
Report Attributes
Report Details
Report Title
Telematics Solutions Market Research Report
By Type
Construction Equipment, Agriculture Tractors
By Application
Fuel Management, Location/Usage Tracking, Maintenance and Repair Scheduling, Navigation, Diagnostics, Others
By Companies
Robert Bosch, Continental, LG Electronics, Verizon, Harman, Delphi Automotive, Visteon, Magneti Marelli, Tomtom, Qualcomm Technologies, Intel, Trimble
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
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global Telematics Solutions Market Report Segments:
The global Telematics Solutions market is segmented on the basis of:
Types
Construction Equipment, Agriculture Tractors
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
Fuel Management, Location/Usage Tracking, Maintenance and Repair Scheduling, Navigation, Diagnostics, Others
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:
- Robert Bosch
- Continental
- LG Electronics
- Verizon
- Harman
- Delphi Automotive
- Visteon
- Magneti Marelli
- Tomtom
- Qualcomm Technologies
- Intel
- Trimble
Highlights of The Telematics Solutions 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:
- Construction Equipment
- Agriculture Tractors
- By Application:
- Fuel Management
- Location/Usage Tracking
- Maintenance and Repair Scheduling
- Navigation
- Diagnostics
- Others
- 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 Telematics Solutions 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
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- Product & Brand Management
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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?
Telematics Solutions is a company that provides mobile technology solutions to businesses and consumers. They offer services such as remote diagnostics, fleet management, and location-based services.
Some of the major players in the telematics solutions market are Robert Bosch, Continental, LG Electronics, Verizon, Harman, Delphi Automotive, Visteon, Magneti Marelli, Tomtom, Qualcomm Technologies, Intel, Trimble.
The telematics solutions 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 Telematics Solutions 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 Telematics Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Telematics Solutions 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 Telematics Solutions 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 Telematics Solutions Market Size & Forecast, 2020-2028
4.5.1 Telematics Solutions Market Size and Y-o-Y Growth
4.5.2 Telematics Solutions 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 Construction Equipment
5.2.2 Agriculture Tractors
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 Fuel Management
6.2.2 Location/Usage Tracking
6.2.3 Maintenance and Repair Scheduling
6.2.4 Navigation
6.2.5 Diagnostics
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Telematics Solutions 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 Telematics Solutions 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 Construction Equipment
9.6.2 Agriculture Tractors
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 Fuel Management
9.10.2 Location/Usage Tracking
9.10.3 Maintenance and Repair Scheduling
9.10.4 Navigation
9.10.5 Diagnostics
9.10.6 Others
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 Construction Equipment
10.6.2 Agriculture Tractors
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 Fuel Management
10.10.2 Location/Usage Tracking
10.10.3 Maintenance and Repair Scheduling
10.10.4 Navigation
10.10.5 Diagnostics
10.10.6 Others
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 Construction Equipment
11.6.2 Agriculture Tractors
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 Fuel Management
11.10.2 Location/Usage Tracking
11.10.3 Maintenance and Repair Scheduling
11.10.4 Navigation
11.10.5 Diagnostics
11.10.6 Others
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 Construction Equipment
12.6.2 Agriculture Tractors
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 Fuel Management
12.10.2 Location/Usage Tracking
12.10.3 Maintenance and Repair Scheduling
12.10.4 Navigation
12.10.5 Diagnostics
12.10.6 Others
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 Construction Equipment
13.6.2 Agriculture Tractors
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 Fuel Management
13.10.2 Location/Usage Tracking
13.10.3 Maintenance and Repair Scheduling
13.10.4 Navigation
13.10.5 Diagnostics
13.10.6 Others
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 Telematics Solutions Market: Competitive Dashboard
14.2 Global Telematics Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Robert Bosch
14.3.2 Continental
14.3.3 LG Electronics
14.3.4 Verizon
14.3.5 Harman
14.3.6 Delphi Automotive
14.3.7 Visteon
14.3.8 Magneti Marelli
14.3.9 Tomtom
14.3.10 Qualcomm Technologies
14.3.11 Intel
14.3.12 Trimble
