OEM telematics becomes a core digital platform for construction equipment manufacturers as data-driven services reshape fleet management
The Global Construction Equipment OEM Telematics Market is the eighth consecutive report analysing the latest developments on the market for OEM-provided construction equipment telematics systems. This strategic research report provides you with 160 pages of unique business intelligence including 5-year industry forecasts and expert commentary on which to base your business decisions.
The analyst has found that the global installed base of active construction equipment OEM telematics systems reached 7.8 million units in 2024. Growing at a compound annual growth rate (CAGR) of 11.5%, the active installed base is forecasted to reach 13.4 million units worldwide in 2029. This includes all CE telematics systems marketed by construction equipment OEMs, either developed in-house or provided by the CE manufacturers in partnership with thirdparty telematics players. The European market accounted for around 1.1 million active construction equipment OEM telematics systems at the end of 2024. The North American market is estimated to be somewhat larger than the European. The Rest of World moreover represents more than half of the global installed base of CE telematics systems provided by construction equipment OEMs.
Most major construction equipment OEMs have introduced telematics offerings for their customers either independently or in collaboration with telematics partners. OEM telematics systems are today commonly factory-installed as standard at least for heavier machines and increasingly also for compact equipment. The analyst ranks Caterpillar as the leading construction equipment OEM in terms of the number of CE telematics systems deployed worldwide. Caterpillar - which is also by far the leading construction equipment manufacturer by market share - has well over 1 million connected assets in the construction equipment segment specifically. Based in the US, Caterpillar’s largest markets for its telematics offerings are North America and Europe. The runners-up are SANY and Komatsu based in China and Japan respectively, both major players on the respective domestic markets. Komatsu also has relatively large shares of its telematics units in North America, China and Europe.
Other major players with several hundred thousand active CE telematics units include Sweden-based Volvo Construction Equipment, XCMG and Zoomlion in China, JCB headquartered in the UK and Japan-based Hitachi Construction Machinery. The remaining top-10 players are Deere & Company and Doosan Bobcat, while companies just outside of the top list moreover include HD Hyundai (HD Hyundai Construction Equipment and HD Hyundai Infracore) and Yanmar. Kobelco, Kubota and JLG Industries also have sizeable installed bases of connected equipment. Additional players having estimated installed bases of construction equipment telematics units in the tens of thousands include Terex, Liebherr, CNH Industrial, LiuGong, Tadano and BOMAG.
Highlights from the report:
- Insights from numerous interviews with market-leading companies.
- New data on construction equipment sales and market shares.
- Comprehensive overview of the construction equipment telematics value chain and key applications.
- In-depth analysis of market trends and key developments.
- Updated profiles of 29 construction equipment OEMs and their telematics offerings.
- Market forecasts by region lasting until 2029.
This report answers the following questions:
- Which are the main telematics systems offered by construction equipment manufacturers?
- Which are the key construction equipment telematics applications?
- What business models are used by OEMs offering telematics?
- Which CE manufacturers have developed their telematics offerings in-house?
- Which OEM telematics offerings are powered by telematics partners?
- Are there regional variations on the global market for construction equipment telematics?
- How will the construction equipment OEM telematics market evolve in the future?
Who should read this report?
The Global Construction Equipment OEM Telematics Market is the foremost source of information about the market for OEM-provided construction equipment telematics systems. Whether you are an equipment manufacturer, telematics vendor, telecom operator, investor, consultant, or government agency, you will gain valuable insights from this in-depth research.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Caterpillar
- CNH Industrial
- Deere & Company
- Doosan Bobcat
- HD Hyundai Construction Equipment
- HD Hyundai Infracore
- Hitachi Construction Machinery
- JCB
- Komatsu
- Liebherr
- Volvo Construction Equipment
- Bell Equipment
- BOMAG
- JLG Industries
- Kobelco
- Kubota
- Link-Belt Cranes and LBX (Sumitomo)
- LiuGong
- Mahindra & Mahindra
- Manitowoc
- Mecalac
- SANY
- Tadano
- Takeuchi
- Terex
- Wacker Neuson
- XCMG
- Yanmar
- Zoomlion

