Market Overview:
The global 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 vehicles and rising adoption of telematics services by OEMs and fleet operators. Telematics helps improve safety, security, and efficiency while reducing costs for fleet operators.
Product Definition:
Telematics is the term used to describe a range of technologies that allow vehicles and other mobile assets to be connected wirelessly to the internet. This allows for two-way communication, which in turn enables a wide variety of enhanced safety, security, efficiency and productivity features. Telematics is particularly important for on- and off-highway vehicles where it can provide real time monitoring of critical systems such as engines, brakes and tires; help optimize fuel consumption; improve navigation; reduce driver distraction; enhance security against theft or vandalism; and allow remote diagnosis of vehicle faults.
On-Highway Vehicles:
On-highway vehicles are motor vehicles, whose primary function is to transport people and goods from one destination to another using a chassis (body) with wheels.
Off-Highway Vehicles:
Off-highway vehicles include construction and mining equipment, farm machinery, material handling equipment, and others. They are used in various sectors including construction & building (moving materials), agriculture ( fertilizers & pesticides), mining ( minerals & ores) and transportation of goods. The increasing demand for these vehicles is attributed to the growth of end-use industries such as infrastructure development in Asia Pacific region coupled with increased government spending on public infrastructures in Middle East countries.
Application Insights:
The satellite application segment led the global telematics for on & off-highway market and accounted for more than 40.0% share of the overall revenue in 2017. The growth can be attributed to factors such as growing demand from commercial vehicles, government initiatives, and rising awareness among consumers regarding advanced safety systems in automobiles.
Cellular application is expected to witness significant growth over the forecast period owing to increasing consumer preference for vehicle connectivity features such as navigation system with mobile data access, music access via Bluetooth or USB interface, Wi-Fi hot spots connection including email address and web browser through which users can surf internet directly from their car seats without using a smartphone or laptop computer first. Such trends are likely to expand the scope of applications across various segments including automotive OEMs, aftermarket providers and service providers over next few years thereby driving industry expansion further.
Regional Analysis:
The North American regional market dominated the global industry in 2017. The growth of this region can be attributed to increasing adoption of telematics systems in heavy commercial vehicles and passenger cars. Furthermore, growing demand for connected cars is expected to drive the regional market further. Europe accounted for a significant share owing to high demand from fleet operators and rental companies for improved driver safety and fuel efficiency as well as increased customer satisfaction. Additionally, presence of key automotive manufacturers such as BMW Group, Ford Motor Company, Fiat Chrysler Automobiles N.V., Mercedes-Benz AG Daimler AG, Porsche Holding GmbH & Co.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising disposable income among consumers along with increasing government initiatives towards road safety in emerging economies such as India and China on account of mounting fatalities due to traffic accidents every year has led major automobile manufacturers including Toyota Industries Corporation; Honda Motor Co.; Ltd.
Growth Factors:
- Increasing demand for safety and security features in vehicles
- Rising demand for fleet management and logistics services
- Proliferation of advanced telematics technologies
- Growing popularity of connected cars and autonomous vehicles
- Increasing adoption of telematics by small and medium businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
Telematicsfor On & Off-Highway Market Research Report
By Type
On-Highway Vehicles, Off-Highway Vehicles
By Application
Cellular, Satellite
By Companies
Robert Bosch GmbH, Continental AG, LG Electronics, Verizon, Harman International, Qualcomm Technologies, 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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Telematicsfor On & Off-Highway Market Report Segments:
The global Telematicsfor On & Off-Highway market is segmented on the basis of:
Types
On-Highway Vehicles, Off-Highway Vehicles
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
Cellular, Satellite
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 GmbH
- Continental AG
- LG Electronics
- Verizon
- Harman International
- Qualcomm Technologies, Inc.
Highlights of The Telematicsfor On & Off-Highway 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:
- On-Highway Vehicles
- Off-Highway Vehicles
- By Application:
- Cellular
- Satellite
- 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 Telematicsfor On & Off-Highway 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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- Correctly Positioning New Products
- Market Entry Strategies
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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?
Telematicsfor On & Off-Highway is a telematics service that provides real-time vehicle location and status information to drivers. This service can be used to improve safety and efficiency while driving, as well as manage fleet operations.
Some of the key players operating in the telematicsfor on & off-highway market are Robert Bosch GmbH, Continental AG, LG Electronics, Verizon, Harman International, Qualcomm Technologies, Inc..
The telematicsfor on & off-highway market is expected to register a CAGR of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Telematicsfor On & Off-Highway 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. Telematicsfor On & Off-Highway Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Telematicsfor On & Off-Highway Market - Supply Chain
4.5. Global Telematicsfor On & Off-Highway Market Forecast
4.5.1. Telematicsfor On & Off-Highway Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Telematicsfor On & Off-Highway Market Size (000 Units) and Y-o-Y Growth
4.5.3. Telematicsfor On & Off-Highway Market Absolute $ Opportunity
5. Global Telematicsfor On & Off-Highway 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. Telematicsfor On & Off-Highway Market Size and Volume Forecast by Type
5.3.1. On-Highway Vehicles
5.3.2. Off-Highway Vehicles
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Telematicsfor On & Off-Highway 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. Telematicsfor On & Off-Highway Market Size and Volume Forecast by Application
6.3.1. Cellular
6.3.2. Satellite
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Telematicsfor On & Off-Highway 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. Telematicsfor On & Off-Highway 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 Telematicsfor On & Off-Highway 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. Telematicsfor On & Off-Highway 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 Telematicsfor On & Off-Highway Demand Share Forecast, 2019-2026
9. North America Telematicsfor On & Off-Highway 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 Telematicsfor On & Off-Highway 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 Telematicsfor On & Off-Highway Market Size and Volume Forecast by Application
9.4.1. Cellular
9.4.2. Satellite
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Telematicsfor On & Off-Highway Market Size and Volume Forecast by Type
9.7.1. On-Highway Vehicles
9.7.2. Off-Highway Vehicles
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 Telematicsfor On & Off-Highway Demand Share Forecast, 2019-2026
10. Latin America Telematicsfor On & Off-Highway 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 Telematicsfor On & Off-Highway 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 Telematicsfor On & Off-Highway Market Size and Volume Forecast by Application
10.4.1. Cellular
10.4.2. Satellite
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Telematicsfor On & Off-Highway Market Size and Volume Forecast by Type
10.7.1. On-Highway Vehicles
10.7.2. Off-Highway Vehicles
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 Telematicsfor On & Off-Highway Demand Share Forecast, 2019-2026
11. Europe Telematicsfor On & Off-Highway 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 Telematicsfor On & Off-Highway 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 Telematicsfor On & Off-Highway Market Size and Volume Forecast by Application
11.4.1. Cellular
11.4.2. Satellite
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Telematicsfor On & Off-Highway Market Size and Volume Forecast by Type
11.7.1. On-Highway Vehicles
11.7.2. Off-Highway Vehicles
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 Telematicsfor On & Off-Highway Demand Share, 2019-2026
12. Asia Pacific Telematicsfor On & Off-Highway 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 Telematicsfor On & Off-Highway 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 Telematicsfor On & Off-Highway Market Size and Volume Forecast by Application
12.4.1. Cellular
12.4.2. Satellite
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Telematicsfor On & Off-Highway Market Size and Volume Forecast by Type
12.7.1. On-Highway Vehicles
12.7.2. Off-Highway Vehicles
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 Telematicsfor On & Off-Highway Demand Share, 2019-2026
13. Middle East & Africa Telematicsfor On & Off-Highway 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 Telematicsfor On & Off-Highway 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 Telematicsfor On & Off-Highway Market Size and Volume Forecast by Application
13.4.1. Cellular
13.4.2. Satellite
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Telematicsfor On & Off-Highway Market Size and Volume Forecast by Type
13.7.1. On-Highway Vehicles
13.7.2. Off-Highway Vehicles
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 Telematicsfor On & Off-Highway Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Telematicsfor On & Off-Highway Market: Market Share Analysis
14.2. Telematicsfor On & Off-Highway Distributors and Customers
14.3. Telematicsfor On & Off-Highway Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Robert Bosch GmbH
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Continental AG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LG Electronics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Verizon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Harman International
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Qualcomm Technologies, Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
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