Global Motor Racing Telematics (MRT) Market to Reach 1.5 Million Units by 2027
Amid the COVID-19 crisis, the global market for Motor Racing Telematics (MRT) estimated at 560.2 Thousand Units in the year 2020, is projected to reach a revised size of 1.5 Million Units by 2027, growing at a CAGR of 15.5% over the period 2020-2027.
The U.S. Market is Estimated at 165.7 Thousand Units, While China is Forecast to Grow at 14.9% CAGR
The Motor Racing Telematics (MRT) market in the U.S. is estimated at 165.7 Thousand Units in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 266.9 Thousand Units by the year 2027 trailing a CAGR of 14.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.8% and 13.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11.4% CAGR.
Select Competitors (Total 44 Featured):
Amid the COVID-19 crisis, the global market for Motor Racing Telematics (MRT) estimated at 560.2 Thousand Units in the year 2020, is projected to reach a revised size of 1.5 Million Units by 2027, growing at a CAGR of 15.5% over the period 2020-2027.
The U.S. Market is Estimated at 165.7 Thousand Units, While China is Forecast to Grow at 14.9% CAGR
The Motor Racing Telematics (MRT) market in the U.S. is estimated at 165.7 Thousand Units in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 266.9 Thousand Units by the year 2027 trailing a CAGR of 14.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.8% and 13.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11.4% CAGR.
Select Competitors (Total 44 Featured):
- Agero, Inc.
- Airbiquity, Inc.
- AT&T, Inc.
- Bynx Ltd.
- Comtech TeleCommunication Systems, Inc.
- Connexis LLC
- Continental AG
- Ericsson AB
- Fleetmatics Group PLC
- Luxoft Holding, Inc.
- Magneti Marelli SpA
- Octo Telematics Ltd.
- PTC, Inc.
- Robert Bosch GmbH
- Telogis, Inc.
- TomTom International BV
- Valeo SA
- Verizon Telematics
- Visteon Corporation
- Vodafone Automotive SpA
- WirelessCar
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I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
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