Telematics Solutions Market
Telematics Solutions - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Telematics Solutions Market is accounted for $21.66 billion in 2018 and is expected to reach $92.46 billion by 2027 growing at a CAGR of 17.5% during the forecast period. Some of the key factors propelling the market growth are developments in 5G connectivity, increase in efforts by the government for developing an intelligent transportation system, increasing demand for smartphone features in the car and automated driving technologies. However, lack of telematics solutions infrastructure in emerging countries is restricting the market growth.
Telematics is an interdisciplinary field that encompasses telecommunications, vehicular technologies, road transportation, road safety, electrical engineering, and computer science. These solutions can integrate with existing applications and systems to enable an array of use cases for fleets of all sizes, including vehicle tracking where vehicles can be tracked using a combination of GPS satellites and receivers, GPRS networks and cloud computing.
By form factor, the embedded system is anticipated to grow at the significant rate during the forecast period, due to various disruptive factors such as government mandates, cost optimization of service plans, and growth of cloud-based services. Many telematics services cannot be used efficiently without having an embedded connectivity solution in the car such as eCall, remote diagnostics, and many more which is increasing the adoption of embedded connectivity.
Based on the geography, Asia Pacific region is expected to have considerable market growth during the forecast period, due to strong economic growth, ongoing advancement in the automotive sector and rapid urbanization. Asia Pacific market is the increased demand for fleet management and navigation services, particularly in China, Japan, India and South Korea. Moreover, a rise in the trend of connectivity solutions is expected to boost the growth of the APAC telematics solutions market.
Some of the key players in telematics solutions market include Continental, Robert Bosch, Qualcomm Technologies, Inc., Visteon Corporation, LG Electronics, Tomtom International Bv., Delphi Automotive PLC, Verizon, Trimble Inc, Magneti Marelli S.P.A., Harman International, Intel Corporation, Garmin Ltd., AT&T, and Octo Telematics.
Components Covered:
• Communication Devices
• Audio/Video Interface
• CAN Bus
• Telematic Control Unit
• Navigation Systems
• Infotainment Display Unit
Form Factors Covered:
• Tethered
• Integrated
• Embedded
Services Covered:
• On-Road Assistance
• Vehicle Tracking/Recovery
• Insurance Risk Assessment
• Automatic Crash Notification
• Emergency Calling
• Remote Diagnostics
• Driver Behaviour
• Billing Services
• Other Services
Vehicle Types Covered:
• Truck
• Bus
• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle
Connectivities Covered:
• Satellite
• Cellular
Equipment Types Covered:
• Construction Equipment
• Agriculture Tractors
Aftermarkets Covered:
• LCV Aftermarket
• HCV Aftermarket
• Bus Aftermarket
• Truck Aftermarket
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Emerging Markets
3.7 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Telematics Solutions Market, By Component
5.1 Introduction
5.2 Communication Devices
5.2.1 5G
5.2.2 3G
5.2.3 4G
5.2.4 WiFi
5.2.5 Bluetooth
5.3 Audio/Video Interface
5.4 CAN Bus
5.5 Telematic Control Unit
5.6 Navigation Systems
5.7 Infotainment Display Unit
6 Global Telematics Solutions Market, By Form Factor
6.1 Introduction
6.2 Tethered
6.3 Integrated
6.4 Embedded
7 Global Telematics Solutions Market, By Service
7.1 Introduction
7.2 On-Road Assistance
7.3 Vehicle Tracking/Recovery
7.3.1 Fleet Management
7.3.1.1 Implementation
7.3.1.2 Consulting
7.3.1.3 Maintenance and Repair Scheduling
7.4 Insurance Risk Assessment
7.5 Automatic Crash Notification
7.6 Emergency Calling
7.7 Remote Diagnostics
7.8 Driver Behaviour
7.9 Billing Services
7.10 Other Services
7.10.1 Geo-Fencing
7.10.2 Fuel Efficiency Guidance
7.10.3 Eco Driving
8 Global Telematics Solutions Market, By Vehicle Type
8.1 Introduction
8.2 Truck
8.3 Bus
8.4 Passenger Car
8.5 Light Commercial Vehicle
8.6 Heavy Commercial Vehicle
9 Global Telematics Solutions Market, By Connectivity
9.1 Introduction
9.2 Satellite
9.3 Cellular
10 Global Telematics Solutions Market, By Equipment Type
10.1 Introduction
10.2 Construction Equipment
10.3 Agriculture Tractors
11 Global Telematics Solutions Market, By Aftermarket
11.1 Introduction
11.2 LCV Aftermarket
11.3 HCV Aftermarket
11.4 Bus Aftermarket
11.5 Truck Aftermarket
12 Global Telematics Solutions Market, By Geography
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 Japan
12.4.2 China
12.4.3 India
12.4.4 Australia
12.4.5 New Zealand
12.4.6 South Korea
12.4.7 Rest of Asia Pacific
12.5 South America
12.5.1 Argentina
12.5.2 Brazil
12.5.3 Chile
12.5.4 Rest of South America
12.6 Middle East & Africa
12.6.1 Saudi Arabia
12.6.2 UAE
12.6.3 Qatar
12.6.4 South Africa
12.6.5 Rest of Middle East & Africa
13 Key Developments
13.1 Agreements, Partnerships, Collaborations and Joint Ventures
13.2 Acquisitions & Mergers
13.3 New Product Launch
13.4 Expansions
13.5 Other Key Strategies
14 Company Profiling
14.1 Continental
14.2 Robert Bosch
14.3 Qualcomm Technologies Inc
14.4 Visteon Corporation
14.5 LG Electronics
14.6 Tomtom International Bv
14.7 Delphi Automotive PLC
14.8 Verizon
14.9 Trimble Inc
14.10 Magneti Marelli S.P.A.
14.11 Harman International
14.12 Intel Corporation
14.13 Garmin Ltd
14.14 AT&T
14.15 Octo Telematics
List of Tables
1 Global Telematics Solutions Market Outlook, By Region (2017-2027) ($MN)
2 Global Telematics Solutions Market Outlook, By Component (2017-2027) ($MN)
3 Global Telematics Solutions Market Outlook, By Communication Devices (2017-2027) ($MN)
4 Global Telematics Solutions Market Outlook, By 5G (2017-2027) ($MN)
5 Global Telematics Solutions Market Outlook, By 3G (2017-2027) ($MN)
6 Global Telematics Solutions Market Outlook, By 4G (2017-2027) ($MN)
7 Global Telematics Solutions Market Outlook, By WiFi (2017-2027) ($MN)
8 Global Telematics Solutions Market Outlook, By Bluetooth (2017-2027) ($MN)
9 Global Telematics Solutions Market Outlook, By Audio/Video Interface (2017-2027) ($MN)
10 Global Telematics Solutions Market Outlook, By CAN Bus (2017-2027) ($MN)
11 Global Telematics Solutions Market Outlook, By Telematic Control Unit (2017-2027) ($MN)
12 Global Telematics Solutions Market Outlook, By Navigation Systems (2017-2027) ($MN)
13 Global Telematics Solutions Market Outlook, By Infotainment Display Unit (2017-2027) ($MN)
14 Global Telematics Solutions Market Outlook, By Form Factor (2017-2027) ($MN)
15 Global Telematics Solutions Market Outlook, By Tethered (2017-2027) ($MN)
16 Global Telematics Solutions Market Outlook, By Integrated (2017-2027) ($MN)
17 Global Telematics Solutions Market Outlook, By Embedded (2017-2027) ($MN)
18 Global Telematics Solutions Market Outlook, By Service (2017-2027) ($MN)
19 Global Telematics Solutions Market Outlook, By On-Road Assistance (2017-2027) ($MN)
20 Global Telematics Solutions Market Outlook, By Vehicle Tracking/Recovery (2017-2027) ($MN)
21 Global Telematics Solutions Market Outlook, By Fleet Management (2017-2027) ($MN)
22 Global Telematics Solutions Market Outlook, By Insurance Risk Assessment (2017-2027) ($MN)
23 Global Telematics Solutions Market Outlook, By Automatic Crash Notification (2017-2027) ($MN)
24 Global Telematics Solutions Market Outlook, By Emergency Calling (2017-2027) ($MN)
25 Global Telematics Solutions Market Outlook, By Remote Diagnostics (2017-2027) ($MN)
26 Global Telematics Solutions Market Outlook, By Driver Behaviour (2017-2027) ($MN)
27 Global Telematics Solutions Market Outlook, By Billing Services (2017-2027) ($MN)
28 Global Telematics Solutions Market Outlook, By Other Services (2017-2027) ($MN)
29 Global Telematics Solutions Market Outlook, By Geo-Fencing (2017-2027) ($MN)
30 Global Telematics Solutions Market Outlook, By Fuel Efficiency Guidance (2017-2027) ($MN)
31 Global Telematics Solutions Market Outlook, By Eco Driving (2017-2027) ($MN)
32 Global Telematics Solutions Market Outlook, By Vehicle Type (2017-2027) ($MN)
33 Global Telematics Solutions Market Outlook, By Truck (2017-2027) ($MN)
34 Global Telematics Solutions Market Outlook, By Bus (2017-2027) ($MN)
35 Global Telematics Solutions Market Outlook, By Passenger Car (2017-2027) ($MN)
36 Global Telematics Solutions Market Outlook, By Light Commercial Vehicle (2017-2027) ($MN)
37 Global Telematics Solutions Market Outlook, By Heavy Commercial Vehicle (2017-2027) ($MN)
38 Global Telematics Solutions Market Outlook, By Connectivity (2017-2027) ($MN)
39 Global Telematics Solutions Market Outlook, By Satellite (2017-2027) ($MN)
40 Global Telematics Solutions Market Outlook, By Cellular (2017-2027) ($MN)
41 Global Telematics Solutions Market Outlook, By Equipment Type (2017-2027) ($MN)
42 Global Telematics Solutions Market Outlook, By Construction Equipment (2017-2027) ($MN)
43 Global Telematics Solutions Market Outlook, By Agriculture Tractors (2017-2027) ($MN)
44 Global Telematics Solutions Market Outlook, By Aftermarket (2017-2027) ($MN)
45 Global Telematics Solutions Market Outlook, By LCV Aftermarket (2017-2027) ($MN)
46 Global Telematics Solutions Market Outlook, By HCV Aftermarket (2017-2027) ($MN)
47 Global Telematics Solutions Market Outlook, By Bus Aftermarket (2017-2027) ($MN)
48 Global Telematics Solutions Market Outlook, By Truck Aftermarket (2017-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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