Global Commercial Vehicle Telematics Market 2017-2021

  • ID: 4438648
  • Report
  • Region: Global
  • 77 pages
  • TechNavio
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FEATURED COMPANIES

  • AT&T
  • Bynx
  • Ericsson
  • Magneti Marelli
  • Octo Telematics
  • Telenav
  • MORE
About Commercial Vehicle Telematics

The telematics system involves the integrated use of telecommunications that facilitates communication (sending, receiving, and storing information) in the vehicle. The telematics system receives information from different sensors such as airbags, vehicle speed, advanced driver assistance system, braking system, and transmission control system. The global automotive telematics market is dominated by the commercial vehicles segment as nearly two-thirds of the global automotive telematics market was occupied by the segment in 2016.

The analysts forecast the global commercial vehicle telematics market to grow at a CAGR of 14.19% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global commercial vehicle telematics market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Commercial Vehicle Telematics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Continental
  • TomTom
  • Trimble
  • Verizon
Other prominent vendors
  • AT&T
  • Bynx
  • Ericsson
  • Luxoft
  • Magneti Marelli
  • Masternaut
  • Octo Telematics
  • Omnitracs
  • Bosch
  • Telenav
  • Valeo
Market drivers
  • High demand for fleet management solutions in the logistics sector
  • For a full, detailed list, view the full report
Market challenges
  • Issues arising due to data insecurity
  • For a full, detailed list, view the full report
Market trends
  • Growing adoption of usage-based insurance (UBI) model
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AT&T
  • Bynx
  • Ericsson
  • Magneti Marelli
  • Octo Telematics
  • Telenav
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
  • Product lifecycle
  • Regulatory framework
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by vehicle type
  • Global commercial vehicle telematics market by vehicle type
  • Commercial vehicle telematics market by LCV
  • Global commercial vehicle telematics market in M&HCV
PART 07: Geographical segmentation
  • Commercial vehicle telematics market by geography
  • Commercial vehicle telematics market in Americas
  • Commercial vehicle telematics market in EMEA
  • Commercial vehicle telematics market in APAC
PART 08: Market segmentation by fitment type
  • Global commercial vehicle telematics market by fitment type
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Growing adoption of usage-based insurance (UBI) model
  • Truck platooning using telematics services
  • Emergence of next-generation telematics protocol (NGTP)
PART 12: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 13: Key vendor analysis
  • Trimble
  • Continental
  • TomTom
  • Verizon
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Services facilitated by the telematics system
Exhibit 02: Connectivity solutions
Exhibit 03: Digital insurance telematics solution
Exhibit 04: Product life cycle of telematics system
Exhibit 05: Segmentation of the global commercial vehicle telematics market
Exhibit 06: Global commercial vehicle telematics market 2016-2021 ($ billions)
Exhibit 07: Five forces analysis
Exhibit 08: Global commercial vehicle telematics market by vehicle type 2016 and 2021
Exhibit 09: Global commercial vehicle telematics market by the LCV segment 2016-2021 ($ billions)
Exhibit 10: Geographical Segmentation: Global commercial vehicle telematics market by the LCV segment 2016-2021 ($ billions)
Exhibit 11: Global commercial vehicle telematics market by the M&HCV segment 2016-2021 ($ billions)
Exhibit 12: Geographical Segmentation: Global commercial vehicle telematics market by the M&HCV segment 2016-2021 ($ billions)
Exhibit 13: Global commercial vehicle telematics market by geography 2016 and 2021
Exhibit 14: Commercial vehicle telematics market in the Americas 2016-2021 ($ billions)
Exhibit 15: Key strategic partnership of OEMs with telematics system provider
Exhibit 16: Commercial vehicle telematics market in EMEA 2016-2021 ($ billions)
Exhibit 17: Commercial vehicle telematics market in APAC 2016-2021 ($ billions)
Exhibit 18: Global commercial vehicle telematics market by fitment type 2016 and 2021
Exhibit 19: Global commercial vehicle telematics market by fitment type 2016 and 2021 ($ billions)
Exhibit 20: Trimble: Business segmentation by revenue 2016
Exhibit 21: Trimble: Geographical segmentation by revenue 2016
Exhibit 22: Trimble: Recent development
Exhibit 23: Continental: Business segmentation by revenue 2016
Exhibit 24: Continental geographical segmentation: sales by region
Exhibit 25: Continental: Recent development
Exhibit 26: TomTom: Business segmentation by revenue 2016
Exhibit 27: TomTom: Recent development
Exhibit 28: Verizon: Recent development
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FEATURED COMPANIES

  • AT&T
  • Bynx
  • Ericsson
  • Magneti Marelli
  • Octo Telematics
  • Telenav
  • MORE
New Report Released: - Global Commercial Vehicle Telematics Market 2017-2021

The author of the report recognizes the following companies as the key players in the global commercial vehicle telematics market: Continental, TomTom, Trimble, and Verizon.

Other Prominent Vendors in the market are: AT&T, Bynx, Ericsson, Luxoft, Magneti Marelli, Masternaut, Octo Telematics, Omnitracs, Bosch, Telenav, and Valeo.

Commenting on the report, an analyst from the research team said: “One trend in the market is growing adoption of usage-based insurance (UBI) model. UBI is a service wherein the insurer is charged based on the information collected by the vehicle telematics system regarding the driving style and other parameters such as driving speed and distance driven. By using UBI, insurance companies can create risk profiles of insurers based on the data gathered from telematics systems. It has already been adopted in the passenger vehicle and commercial vehicle segments.”

According to the report, one driver in the market is high demand for fleet management solutions in the logistics sector. The growth in the logistics sector has led to the demand for the efficient fleet management services to reduce the delivery time. The adoption of telematics systems leads to the reduction in the fuel expenses. Fleet management solutions help in the reduction of the empty runs, and thus, reduce the operational cost. As a result, the fleet management solutions are adopted by several fleet owners to reduce the overall vehicle downtime. This has also fostered the evolution of the fleet management solutions over the years. Earlier, the fleet management solutions used to offer basic telematics services such as fleet tracking with GPS and geographical information systems (GIS).

Further, the report states that one challenge in the market is issues arising due to data insecurity. Machine to machine (M2M) communications, earlier, involved the use of proprietary private networks or protocols for connectivity. However, the growing demand for connectivity has forced the industry players to provide the Internet connectivity in their offerings. In the process of adopting Internet connectivity, the industry has neglected many non-functional and security requirements of systems, like data security. Several security vulnerabilities can also arise due to the incorporation of multiple web applications and connecting Bluetooth in automobiles. It also makes users data susceptible to hacking. In 2015, a Jeep Cherokee was remotely hacked by renowned hackers Charlie Miller and Chris Valasek.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Continental
  • TomTom
  • Trimble
  • Verizon
  • AT&T
  • Bynx
  • Ericsson
  • Luxoft
  • Magneti Marelli
  • Masternaut
  • Octo Telematics
  • Omnitracs
  • Bosch
  • Telenav
  • Valeo
Note: Product cover images may vary from those shown
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