Quick Summary:
As the global market for Telematics for On- and Off-Highway continues to expand, there's an increasing need for comprehensive, cutting-edge analysis and forecasts. Our latest market research report, meticulously curated and thoroughly analyzed, provides pivotal insights to help you navigate this rapidly evolving industry.
This report outlines market trends, key competitors, and growth sectors such as 'Infotainment Display Unit' and 'Telematics Control Unit' which are poised to record significant growth. Crucially, our research offers detailed insights into individual markets, with nuanced analysis of the Telematics sectors in the U.S and China. For the forward-thinking executive, this sector-specific knowledge is indispensable in formulating informed strategies and capitalizing on emergent opportunities. Coupled with online interactive updates and a complimentary one-year update service, this report is a valuable investment for any executive keen on staying at the forefront of the Telematics industry.
Global Telematics for On- and Off-Highway Market to Reach $98.1 Billion by 2030
The global market for Telematics for On- and Off-Highway estimated at US$34.8 Billion in the year 2022, is projected to reach a revised size of US$98.1 Billion by 2030, growing at a CAGR of 13.8% over the analysis period 2022-2030. Infotainment Display Unit, one of the segments analyzed in the report, is projected to record 14.1% CAGR and reach US$54.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Telematics Control Unit (TCU) segment is readjusted to a revised 13.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $10.5 Billion, While China is Forecast to Grow at 13.2% CAGR
The Telematics for On- and Off-Highway market in the U.S. is estimated at US$10.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$16.8 Billion by the year 2030 trailing a CAGR of 13.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.3% and 11.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.1% CAGR.Select Competitors (Total 46 Featured) -
- Continental AG
- Delphi Automotive PLC
- Harman International Industries, Inc.
- Intel Corporation
- LG Electronics, Inc.
- Magneti Marelli SpA
- Qualcomm Technologies, Inc.
- Robert Bosch GmbH
- TomTom International BV
- Trimble, Inc.
- Verizon Communications, Inc.
- Visteon Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Telematics for On- and Off-Highway?
What is the growth rate of the Global Market for Telematics for On- and Off-Highway?
What is the forecasted size of the Global Market for Telematics for On- and Off-Highway?
Who are the key companies in the Global Market for Telematics for On- and Off-Highway?
| Report Attribute | Details |
|---|---|
| No. of Pages | 196 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 34.8 Billion |
| Forecasted Market Value ( USD | $ 98.1 Billion |
| Compound Annual Growth Rate | 13.8% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Continental AG
- Delphi Automotive PLC
- Harman International Industries, Inc.
- Intel Corporation
- LG Electronics, Inc.
- Magneti Marelli SpA
- Qualcomm Technologies, Inc.
- Robert Bosch GmbH
- TomTom International BV
- Trimble, Inc.
- Verizon Communications, Inc.
- Visteon Corporation
