Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Telematics in Automotive Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international. The research study also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and world Telematics in
Automotive Market over the short
as well as long period of time. A detailed presentation of forecast, trends,
and dollar values of international Telematics in Automotive Market is offered.
Market
Insights:
In accordance with the report, the Telematics in
Automotive Market is projected to expand at a CAGR of 21.2% over the period of forecast. The global Telematics in Automotive Market was
valued at USD XX.X Mn in 2019 and is expected to reach USD XX.X Mn in 2031,
growing with a significant CAGR rate during the forecast period. Telematics is
the term for the technology used in fleet tracking to manage a car, a fleet of
cars, and other assets, particularly in trucking, site excavation, and
construction applications. The integration of data processing, communications,
and vehicle technology is known as automotive telematics. Cars are a good
mobile information station due to the use of telematics in them. Telematics
offers highly accurate live updates of a vehicle. The public's growing
understanding of the advantages of using telematics in cars, as well as the
rise in traffic jams and accidents, are the main factors driving industry
expansion. Additionally, the market will rise as a result of the rising
government support for telematics in automobiles and the surge in consumer
demand for wireless communication systems. The North American, Asia Pacific,
European, and Rest of the World regions make up the global telematics in automobile
market. The automobile telematics system market is anticipated to be dominated
by the North American region, followed by Europe and Asia Pacific. The United
States is the primary user of automobile telematics systems inside of vehicles
in the region of North America. To increase the usage of automobile telematics
systems and increase road safety, governments in these developed economies have
put in place a variety of rules and policies. The increased use of cutting-edge
technology and gadgets, such as mobile phones, smartphones, computers, and
other associated technological goods, is another factor driving the industry.
Research
Methodology:
To compile
the detailed study of the global Telematics in
Automotive Market, a robust research methodology has been adopted
that aids in determining the key insights and also evaluates the growth
prospects of the Telematics in Automotive Market.
Comprehensive and iterative research methodology focused on minimizing deviance
in order to provide the most accurate estimates and forecast possible. The
company utilizes a combination of bottom-up and top-down approaches for
segmenting and estimating quantitative aspects of the market. Our research
methodology implements a mix of primary as well as secondary research. Our
projects are initiated with secondary research, where we refer to a variety of
sources including trade databases; government published documents, investor
presentations, company annual reports, Industrial papers, and paid databases. To
carry out secondary research, the analysts have collected the information
through company annual reports, journals, company press releases, and paid
databases that were referred to gain and identify better opportunities in the Telematics in Automotive Market.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Telematics in Automotive Market was affected negatively due to the
shutdown of manufacturing/processing facilities for some time. The analysts
have also focused on the key measures that the companies are opting to
withstand the harsh scenario.
Segment
Covered:
Telematics in Automotive Market Compounded annual growth rates for all segments have also
been provided for 2019 to 2031. This report is a compilation of first-hand
information, qualitative and quantitative assessment by industry analysts,
inputs from industry experts and industry participants across the value chain.
Key Segments:
Telematics in Automotive Market research report
includes an in-depth coverage of the industry with estimates & forecast
from 2022 to 2031, for the following segments:
Telematics in
Automotive Market, By Application, 2022-2031 (USD Million)
·
Vehicle
Tracking
·
Fleet
Management
·
Satellite
Navigation
Telematics in
Automotive Market, By Systems, 2022-2031 (USD Million)
·
Driving
Assistance Systems
·
Telematics
Control Unit
·
Gps
Telematics in
Automotive Market, By Type, 2022-2031 (USD Million)
·
Embedded
·
Integrated
·
Tethered
Telematics in
Automotive Market, By Vehicle Type, 2022-2031 (USD Million)
·
Passenger Car
·
Commercial
Vehicle
Telematics in
Automotive Market, By Distribution Channel, 2022-2031 (USD Million)
·
Oem
·
Aftermarket
Report
Highlights:
The prime objective of the Telematics in
Automotive Market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Telematics in
Automotive Market, By Region, 2022-2031 (USD Million)
·
North America (
United States, Canada, Mexico)
·
Europe
(Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia (
India, Pakistan and Bangladesh)
·
East Asia
(China, Japan and South Korea)
·
South East Asia
(Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East
(Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa
(Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
·
South America
(Brazil, Argentina, Colombia, Chile, and Rest of SA)
·
Oceania
(Australia and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Telematics
in Automotive Market:
·
Trimble
Inc.(U.S.)
·
Masternaut
Limited (France)
·
TomTom
International B.V.( Netherlands)
·
Telogis
(U.S.)
·
Visteon
Corporation (U.S.)
·
Continental
AG (Germany)
·
Airbiquity
Inc. (U.S.)
·
AT&T Inc.
(U.S.)
·
Delphi
Automotive PLC (U.K.)
·
Harman
International Industries Inc. (U.S.)
·
Robert Bosch
GmbH (Germany)
·
Verizon
Communications Inc. (U.S.)
Telematics
in Automotive Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key players'
strategies and products supplied in the competitive landscape
·
Market
segmentation in depth analysis
·
Market size
in terms of volume and value, past, present, and future scenario
·
Potential and
specialty areas, as well as geographical regions with promising growth
prospects
·
Market
players use this information to maintain and expand their market presence, thus
it's important to have an unbiased perspective on market performance.
·
Recent
advancements and technological trends in the industry