The global heavy equipment telematics market is projected to grow from USD 1.33 billion in 2025 to USD 3.21 billion by 2032, at a CAGR of 13.4% during the forecast period. Rising fuel costs, equipment failures, and equipment thefts are pushing equipment manufacturers/operators to equip their fleets with telematics. Telematics services help manage fuel efficiency, reduce idle time, and improve the overall performance of heavy off-highway equipment.
Beyond cost savings, OEMs are embedding diagnostics to strengthen aftermarket parts and service revenues, while rental firms and contractors see predictive insights as crucial data points to maximize fleet utilization. As telematics adoption grows, predictive maintenance will evolve from a simple cost-avoidance tool into a key driver of efficiency, project reliability, and long-term customer loyalty.
The remaining existing fleet remains critical for ongoing infrastructure and mining projects, but often operates without asset tracking, utilization insights, or predictive maintenance. Aftermarket telematics solutions, including retrofit kits and plug-and-play devices, are bridging this gap by bringing modern monitoring and analytics to older fleets, helping operators extend asset life, reduce downtime, and improve efficiency without the need to replace entire fleets. This presents existing fleets as the larger opportunity for telematics adoption, particularly in high-growth regions such as the Asia-Pacific.
Moreover, Europe has historically been an early adopter of advanced digital services, with contractors and fleet owners quickly embracing technologies that improve efficiency, safety, and sustainability. As the construction, mining, and agricultural industries in the region push for greater productivity and lower emissions, the adoption of telematics in heavy equipment is expected to continue accelerating. This will be further supported by strict EU regulations, strong connectivity infrastructure, and a customer base that values data-driven fleet management.
Equipment maintenance and diagnostics are expected to be the fastest-growing service during the forecast period.
Maintenance and diagnostics are poised to become the fastest-growing telematics service in off-highway equipment, as downtime in industries such as construction and mining directly translates into significant financial losses. Asset monitoring, diagnostics, and maintenance enable operators to identify early signs of failure through sensor-driven data inputs that track fuel efficiency, hydraulics, vibration, oil quality, and payload in real-time. By transmitting this data through the telematics control unit (TCU), fleets can optimize performance, reduce unexpected breakdowns, and extend machine life, ultimately saving operators substantial costs on emergency repairs and lost productivity.Beyond cost savings, OEMs are embedding diagnostics to strengthen aftermarket parts and service revenues, while rental firms and contractors see predictive insights as crucial data points to maximize fleet utilization. As telematics adoption grows, predictive maintenance will evolve from a simple cost-avoidance tool into a key driver of efficiency, project reliability, and long-term customer loyalty.
Telematics service revenues from existing fleets would be the largest equipment category during the forecast period.
Existing fleets are expected to contribute more to the off-highway telematics market than new sales, primarily due to the vast installed base of machines that still lack advanced connectivity. While OEMs are embedding telematics in new equipment, millions of older units are still in active service. According to company publications, Caterpillar has equipped its telematics services in approximately 1.5 million units, while Komatsu has equipped its services in 0.8 million machines, and JCB has equipped its services in 0.4 million machines.The remaining existing fleet remains critical for ongoing infrastructure and mining projects, but often operates without asset tracking, utilization insights, or predictive maintenance. Aftermarket telematics solutions, including retrofit kits and plug-and-play devices, are bridging this gap by bringing modern monitoring and analytics to older fleets, helping operators extend asset life, reduce downtime, and improve efficiency without the need to replace entire fleets. This presents existing fleets as the larger opportunity for telematics adoption, particularly in high-growth regions such as the Asia-Pacific.
Europe is projected to be one of the major telematics markets for heavy off-highway equipment.
The growth of heavy equipment telematics in Europe is being driven by a strong presence of leading off-highway OEMs such as Volvo Construction Equipment (Sweden), Liebherr (Germany), JCB (UK), and CNH Industrial (Italy), many of which already integrate telematics into their machines as standard. Alongside them, key telematics providers such as Trackunit Corporation (Denmark), Actia Group (France), and Trimble (US) are expanding their partnerships with equipment manufacturers to deliver advanced fleet monitoring, predictive maintenance, and safety solutions. In May 2025, CNH Industrial announced an agreement with Starlink (US) to offer satellite connectivity for its brands (Case IH, New Holland, Steyr), to enhance connectivity in remote rural areas, supporting precision agriculture and connected fleet services.Moreover, Europe has historically been an early adopter of advanced digital services, with contractors and fleet owners quickly embracing technologies that improve efficiency, safety, and sustainability. As the construction, mining, and agricultural industries in the region push for greater productivity and lower emissions, the adoption of telematics in heavy equipment is expected to continue accelerating. This will be further supported by strict EU regulations, strong connectivity infrastructure, and a customer base that values data-driven fleet management.
The breakdown of the profile of primary participants in the heavy equipment telematics market is as follows:
- By Company Type: OEMs - 60%, Telematics Providers - 40%
- By Designation: C Level - 60%, Director-level - 30%, Others - 10%
- By Region: North America - 20%, Europe - 30%, Asia Pacific - 50%
Research Coverage:
The study segments the heavy equipment telematics market. It forecasts the market size based on industry (construction, mining, agriculture), hardware (telematics control unit, GPS receivers, sensors), connectivity (cellular, satellite), form factor (embedded, integrated), service (fuel management, fleet performance reporting, navigation and asset tracking, equipment/fleet maintenance and diagnostics, fleet safety and others), equipment category (new sales, existing fleet), and region (Asia Pacific, Americas, and Europe). This report also covers the competitive analysis of upcoming startups/SMEs in the heavy equipment telematics market ecosystem.Reasons to buy this report:
The report will help market leaders/new entrants with information on the closest approximations of revenue numbers for the overall telematics market for heavy off-highway equipment and its subsegments. The report includes a comprehensive market share analysis, supply chain analysis, and a competitive landscape. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.The report provides insights into the following points:
- Analysis of key drivers (enhanced equipment monitoring, technological advancements), restraints (high initial and recurring investments), opportunities (expansion into emerging markets, increase in mechanized farming and mining operations), and challenges (connectivity issues in remote areas) influencing the growth of the heavy equipment telematics market
- Product/service development/innovation: Detailed insights into upcoming technologies, research & development activities, and product & service launches in the heavy equipment telematics market
- Market Development: Comprehensive information about lucrative markets (the report analyzes the heavy equipment telematics market across varied regions and business segments)
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the heavy equipment telematics market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players in the heavy equipment telematics market, such as Samsara Inc. (US), Trimble Inc. (US), Geotab Inc. (US), ORBCOMM (US), and CalAmp Corp. (US).
Table of Contents
1 Introduction
2 Research Methodology
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Heavy Equipment Telematics Market, by Service
8 Heavy Equipment Telematics Market, by Connectivity
9 Heavy Equipment Telematics Market, by Sales Channel
10 Heavy Equipment Telematics Market, by Form Factor
11 Heavy Equipment Telematics Market, by Hardware
12 Heavy Equipment Telematics Market, by Industry
13 Heavy Equipment Telematics Market, by Region
14 Competitive Landscape
15 Company Profiles
16 Analyst's Recommendations
17 Appendix
List of Tables
List of Figures
Companies Mentioned
- Samsara Inc.
- Calamp Corp.
- Trimble Inc.
- Topcon Corporation
- Actia
- Orbcomm
- Teletrac Navman US Ltd
- Geotab Inc.
- Trackunit Corporation
- Bridgestone Mobility Solutions B.V.
- Caterpillar
- Komatsu Ltd.
- Deere & Company
- J C Bamford Excavators Ltd.
- Liebherr
- Wenco International Mining Systems Ltd.
- Dpl Telematics
- Zonar Systems, Inc.
- Machinemax
- The Morey Corporation
- Lhp Telematics, LLC.
- Wireless Links
- Heavy Construction Systems Specialists LLC
- Dsa Daten- Und Systemtechnik GmbH
- Mix Telematics
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 243 |
| Published | October 2025 |
| Forecast Period | 2025 - 2032 |
| Estimated Market Value ( USD | $ 1.33 Billion |
| Forecasted Market Value ( USD | $ 3.21 Billion |
| Compound Annual Growth Rate | 13.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |
