Market Overview:
The global telematics control unit (TCU) market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in the TCU market can be attributed to the increasing demand for connected cars and rising penetration of 4G/5G networks across the globe. Based on type, the TCU market is segmented into 2G/2.5G, 3G, and 4G/5G segments. The 4G/5G segment is expected to grow at a higher CAGR as compared to other segments during the forecast period owing to increased demand for high-speed data connectivity in vehicles. Based on application, passenger vehicles and commercial vehicles are two major segments of the TCU market. The passenger vehicle segment is expected to account for a larger share of the TCU market than commercial vehicles duringthe forecast period owingto increase in salesof passenger cars globally.
Product Definition:
A telematics control unit (TCU) is a computerized device that enables two-way communication between a vehicle and the outside world. It can be used to monitor the performance of the vehicle, track its location, and receive diagnostic information. The TCU is important because it allows drivers to stay connected with their vehicles even when they're not behind the wheel. This can help them stay safe and avoid unnecessary repairs.
2G/2.5G:
2G and 2.5G wireless technologies are used in mobile phones, Personal Digital Assistants (PDAs), laptops, and other handheld devices to provide connectivity. TheTCU market is expected to witness significant growth over the forecast period owing to increasing demand for smartphones with enhanced features such as internet browsing, video streaming, e-mail etc., which requires high bandwidth capacity. This factor is anticipated to drive the market growth over the next seven years.
3G:
3G is a third generation of mobile telephony. It is also known as fourth generation when compared to 2G and 1G technology. 3G covers a broader range of bandwidth than 2G, but with lower data rates. 3rd Generation Partnership Project (3GP) or Third Generation is an international telecommunication standard for high data rate cellular networks operating in the global radio frequency spectrum.
Application Insights:
The passenger vehicle application segment led the global telematics control unit (TCU) market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The commercial vehicle application segment is expected to witness a significant growth rate of 16.0% from 2018 to 2030 owing to increased deployment of telematics devices for tracking vehicles, drivers and passengers for enhancing road safety features such as driver behavior monitoring systems, emergency call systems and location-based services among others.
The growing demand for connected cars with advanced safety features has resulted in an increased number of installations across various makes & models globally which has positively influenced market growth over the recent years.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing demand for telematics solutions from fleet owners and rental companies. Europe accounted for a significant share of revenue in 2017, owing to growing adoption by fleet operators as well as individual drivers. Asia Pacific is projected to be the fastest-growing regional market at a CAGR exceeding 7% during the forecast period, due to rapid technological advancements and increased penetration of 4G/LTE connectivity with 3GPP standardization.
Growth Factors:
- Increasing demand for safety and security features in vehicles
- Rising demand for connected cars and autonomous vehicles
- Proliferation of 4G and 5G networks
- Development of advanced telematics services
- Growing popularity of vehicle-to-everything (V2X) technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Telematics Control Unit (TCU) Market Research Report
By Type
2G/2.5G, 3G, 4G/5G
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
LG, Harman, Bosch, Continental, Denso, Marelli, Visteon, F-Ten, Peiker, Novero, Ficosa, Huawei, Flaircomm Microelectronics, Xiamen Yaxon Network Co., Ltd.
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Telematics Control Unit (TCU) Market Report Segments:
The global Telematics Control Unit (TCU) market is segmented on the basis of:
Types
2G/2.5G, 3G, 4G/5G
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
Passenger Vehicle, Commercial Vehicle
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:
- LG
- Harman
- Bosch
- Continental
- Denso
- Marelli
- Visteon
- F-Ten
- Peiker
- Novero
- Ficosa
- Huawei
- Flaircomm Microelectronics
- Xiamen Yaxon Network Co., Ltd.
Highlights of The Telematics Control Unit (TCU) 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:
- 2G/2.5G
- 3G
- 4G/5G
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- 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 Control Unit (TCU) 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?
A TCU is a computer system that manages the telematics functions of a vehicle. It includes systems for tracking vehicle location, status, and performance; communicating with other vehicles and roadside infrastructure; and managing driver behavior.
Some of the key players operating in the telematics control unit (tcu) market are LG, Harman, Bosch, Continental, Denso, Marelli, Visteon, F-Ten, Peiker, Novero, Ficosa, Huawei, Flaircomm Microelectronics, Xiamen Yaxon Network Co., Ltd..
The telematics control unit (tcu) market is expected to grow at a compound annual growth rate of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Telematics Control Unit (TCU) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Telematics Control Unit (TCU) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Telematics Control Unit (TCU) Market - Supply Chain
4.5. Global Telematics Control Unit (TCU) Market Forecast
4.5.1. Telematics Control Unit (TCU) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Telematics Control Unit (TCU) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Telematics Control Unit (TCU) Market Absolute $ Opportunity
5. Global Telematics Control Unit (TCU) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Telematics Control Unit (TCU) Market Size and Volume Forecast by Type
5.3.1. 2G/2.5G
5.3.2. 3G
5.3.3. 4G/5G
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Telematics Control Unit (TCU) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Telematics Control Unit (TCU) Market Size and Volume Forecast by Application
6.3.1. Passenger Vehicle
6.3.2. Commercial Vehicle
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Telematics Control Unit (TCU) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Telematics Control Unit (TCU) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Telematics Control Unit (TCU) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Telematics Control Unit (TCU) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Telematics Control Unit (TCU) Demand Share Forecast, 2019-2026
9. North America Telematics Control Unit (TCU) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Telematics Control Unit (TCU) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Telematics Control Unit (TCU) Market Size and Volume Forecast by Application
9.4.1. Passenger Vehicle
9.4.2. Commercial Vehicle
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Telematics Control Unit (TCU) Market Size and Volume Forecast by Type
9.7.1. 2G/2.5G
9.7.2. 3G
9.7.3. 4G/5G
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Telematics Control Unit (TCU) Demand Share Forecast, 2019-2026
10. Latin America Telematics Control Unit (TCU) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Telematics Control Unit (TCU) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Telematics Control Unit (TCU) Market Size and Volume Forecast by Application
10.4.1. Passenger Vehicle
10.4.2. Commercial Vehicle
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Telematics Control Unit (TCU) Market Size and Volume Forecast by Type
10.7.1. 2G/2.5G
10.7.2. 3G
10.7.3. 4G/5G
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Telematics Control Unit (TCU) Demand Share Forecast, 2019-2026
11. Europe Telematics Control Unit (TCU) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Telematics Control Unit (TCU) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Telematics Control Unit (TCU) Market Size and Volume Forecast by Application
11.4.1. Passenger Vehicle
11.4.2. Commercial Vehicle
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Telematics Control Unit (TCU) Market Size and Volume Forecast by Type
11.7.1. 2G/2.5G
11.7.2. 3G
11.7.3. 4G/5G
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Telematics Control Unit (TCU) Demand Share, 2019-2026
12. Asia Pacific Telematics Control Unit (TCU) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Telematics Control Unit (TCU) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Telematics Control Unit (TCU) Market Size and Volume Forecast by Application
12.4.1. Passenger Vehicle
12.4.2. Commercial Vehicle
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Telematics Control Unit (TCU) Market Size and Volume Forecast by Type
12.7.1. 2G/2.5G
12.7.2. 3G
12.7.3. 4G/5G
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Telematics Control Unit (TCU) Demand Share, 2019-2026
13. Middle East & Africa Telematics Control Unit (TCU) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Telematics Control Unit (TCU) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Telematics Control Unit (TCU) Market Size and Volume Forecast by Application
13.4.1. Passenger Vehicle
13.4.2. Commercial Vehicle
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Telematics Control Unit (TCU) Market Size and Volume Forecast by Type
13.7.1. 2G/2.5G
13.7.2. 3G
13.7.3. 4G/5G
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Telematics Control Unit (TCU) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Telematics Control Unit (TCU) Market: Market Share Analysis
14.2. Telematics Control Unit (TCU) Distributors and Customers
14.3. Telematics Control Unit (TCU) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. LG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Harman
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bosch
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Continental
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Denso
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Marelli
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Visteon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. F-Ten
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Peiker
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Novero
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ficosa
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Huawei
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Flaircomm Microelectronics
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Xiamen Yaxon Network Co., Ltd.
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook