1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
FEATURED COMPANIES
- Bosch
- Continental
- TomTom International
- Trimble
- Verizon Telematics
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
About Commercial Vehicle Telematics in Europe
The telematics system is a device that deals with communication (sending, receiving, and storing information) regarding the vehicle and other parameters. The telematics system receives information through different sensors, such as air bags, vehicle speed, advanced driver assistance system, braking system, and transmission control system.
The analysts forecast the commercial vehicle telematics market in Europe to grow at a CAGR of 13.85% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the commercial vehicle telematics market in Europe for 2018-2022. To calculate the market size, 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:
The report, Commercial Vehicle Telematics Market in Europe 2018-2022, 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
Market drivers
Market challenges
Market trends
Key questions answered in this report
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
The telematics system is a device that deals with communication (sending, receiving, and storing information) regarding the vehicle and other parameters. The telematics system receives information through different sensors, such as air bags, vehicle speed, advanced driver assistance system, braking system, and transmission control system.
The analysts forecast the commercial vehicle telematics market in Europe to grow at a CAGR of 13.85% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the commercial vehicle telematics market in Europe for 2018-2022. To calculate the market size, 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:
- UK
- Germany
- France
- Rest of Europe
The report, Commercial Vehicle Telematics Market in Europe 2018-2022, 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
- TomTom International
- Continental
- Trimble
- Bosch
- Verizon Telematics
Market drivers
- Growing need for fleet management solutions
- For a full, detailed list, view the full report
Market challenges
- Low return on investment for small fleet owners
- For a full, detailed list, view the full report
Market trends
- Truck platooning using telematics services
- For a full, detailed list, view the full report
Key questions answered in this report
- What will the market size be in 2022 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?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Bosch
- Continental
- TomTom International
- Trimble
- Verizon Telematics
PART 01: EXECUTIVE SUMMARYPART 02: SCOPE OF THE REPORTPART 03: RESEARCH METHODOLOGYPART 08: CUSTOMER LANDSCAPEPART 10: DECISION FRAMEWORK
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 09: REGIONAL LANDSCAPE
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
List of Exhibits
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Bosch
- Continental
- TomTom International
- Trimble
- Verizon Telematics
New Report Released: - Commercial Vehicle Telematics Market in Europe 2018-2022
The author of the report recognizes the following companies as the key players in the commercial vehicle telematics market in Europe: TomTom International, Continental, Trimble, Bosch, and Verizon Telematics.
Commenting on the report, an analyst from the research team said: “One trend in the market is truck platooning using telematics services. Truck platooning is linking two or more trucks in convoy. Such vehicles follow each other at a close distance with the use of connectivity technology and automated driving systems. The vehicle at the head of the platoon acts as a leader and the vehicles behind it react and adapt to the changes in the leader.”
According to the report, one driver in the market is growing need for fleet management solutions. The logistics sector has been the largest contributor to fleet management services in the telematics industry. This mainly due to increased consolidation of logistics players and growing demand for fleet tracking to mitigate transit losses. The demand for telematics in the logistics sector is driven by the need to reduce fuel expenses. As per estimates, empty runs (without any goods) account for 25%-30% of the total runs made by the fleet globally.
Further, the report states that one challenge in the market is low return on investment for small fleet owners. Telematics system provides a significant advantage to fleet owners. Large fleet owners utilize these technologies to increase efficiency and productivity, improve driver behavior and safety, along with controlling their costs. However, small fleet owners struggle to get a return on investment.
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.
The author of the report recognizes the following companies as the key players in the commercial vehicle telematics market in Europe: TomTom International, Continental, Trimble, Bosch, and Verizon Telematics.
Commenting on the report, an analyst from the research team said: “One trend in the market is truck platooning using telematics services. Truck platooning is linking two or more trucks in convoy. Such vehicles follow each other at a close distance with the use of connectivity technology and automated driving systems. The vehicle at the head of the platoon acts as a leader and the vehicles behind it react and adapt to the changes in the leader.”
According to the report, one driver in the market is growing need for fleet management solutions. The logistics sector has been the largest contributor to fleet management services in the telematics industry. This mainly due to increased consolidation of logistics players and growing demand for fleet tracking to mitigate transit losses. The demand for telematics in the logistics sector is driven by the need to reduce fuel expenses. As per estimates, empty runs (without any goods) account for 25%-30% of the total runs made by the fleet globally.
Further, the report states that one challenge in the market is low return on investment for small fleet owners. Telematics system provides a significant advantage to fleet owners. Large fleet owners utilize these technologies to increase efficiency and productivity, improve driver behavior and safety, along with controlling their costs. However, small fleet owners struggle to get a return on investment.
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.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- TomTom International
- Continental
- Trimble
- Bosch
- Verizon Telematics
Note: Product cover images may vary from those shown
