Global Commercial Vehicle Telematics Market: OEM and Aftermarket

Report Code: IAS194A

Publish Date: Dec 2022

Publisher: BCC Publishing

Category: Instruments

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Report Highlights

The global commercial vehicle telematics market should reach $81.5 billion by 2027 from $36.9 billion in 2022 at a compound annual growth rate (CAGR) of 17.2% for the forecast period of 2022 to 2027.

Report Includes

  • 34 data tables and 29 additional tables
  • A detailed review and up-to-date assessment of the global market for commercial vehicle telematics with emphasis on OEMs and aftermarket
  • Analyses of the global market trends, with historic market revenue data for 2021, estimates for 2022, 2023, and 2025 and projections of compound annual growth rates (CAGRs) through 2027
  • Estimation of the actual market size and revenue forecast for automotive telematics market in USD million value terms, and corresponding market share analysis by product type, connectivity, application, sales channel, vehicle type, end-use industry and region
  • Highlights of current and future market potential for commercial vehicle/automotive telematics industry, along with a detailed analysis of the competitive environment, market growth driving factors and regulatory scenario
  • Holistic review of the impact of COVID-19 and the Russia-Ukraine war on the global and regional markets for automotive telematics
  • Discussion of the industry value chain analysis for automotive telematics providing a systematic study of key intermediaries involved, with emphasis on commercial vehicle manufacturers, suppliers and major types of end-users
  • Country specific data and market value analysis for the U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Russia, China, Japan, India and South Korea, among others
  • Review of the recent patents published and granted on commercial vehicle telematics technology space
  • Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues
  • Descriptive company profiles of the leading automotive manufacturers in the worldwide market, including Cartrack, Fleet Complete, LG Electronics, Masternaut and Samsara Inc.

Report Scope

This report analyzes different product types, connectivity, applications, sales channels, vehicle types, end-use industries and regional market development for commercial vehicles. Furthermore, we have also covered market analysis for major countries in this report (the U.S., China, Germany and others) where the opportunities for commercial vehicles are lucrative.

This report is simple, with an easy-to-understand format. Tables and figures are included to illustrate historical, current and future market scenarios. This report also covers leading companies with information on product types, business footprint, revenue and more. There is a list of other companies in global and regional markets. The report includes a patent analysis for the automotive telematics market, representing a significant investment area for investors.

This report incorporates the impact of COVID-19 and the Russia/Ukraine war on global and regional markets.

In this report, 2021 is used as the market’s base year, estimated values are provided for 2022 and the market values are forecast for the period of 2022-2027. All market values are provided in billions of dollars and market shares and CAGRs are provided in percentages.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022-2027
Base year market size $31.9 billion
Market size forecast $81.5 billion
Growth rate CAGR of 17.2% from 2022 to 2027
Units considered $ Billions
Segments covered Product types, Connectivity, Applications, Sales channels, Vehicle types, End use industries and Region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Countries covered U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Russia, Poland, Rest of Europe, China, Japan, India, South Korea, Rest of Asia-Pacific, South America, and Middle East
Key Market Drivers
  • Regulations and Standards Boost Telematic Devices
  • Telematics and Sustainability
  • Rising Price of Fuel
  • Technology-Based Drivers, Pre and Post-COVID Era
Companies studied
CARTRACKCONTINENTAL AG
FLEET COMPLETEGEOTAB INC.
LG ELECTRONICSMASTERNAUT LTD.
MICROLISE LTD.MIX TELEMATICS
SAMSARA INC.TATA MOTORS LTD.
TELETRAC NAVMAN U.S. LTD.VERIZON
ZONAR SYSTEMS
Need a custom data table, graph, region, segment, companies or complete report? CUSTOMIZE NOW

Frequently Asked Questions (FAQs)

The commercial vehicle telematics market is projected to grow from $40 billion in 2022 to $81 billion in 2027 at a compound annual growth rate (CAGR) of 17% during the forecast period.
• The government’s strict regulations and standards are pushing for the installation of telematics. • The usage of telematics can help to achieve sustainability goals in the transportation industry. • Rising the price of fuels for IC (internal combustion) engine vehicles. • Demand side driver for the automotive telematics market.
The commercial vehicle telematics market is segmented based on product type, connectivity type, application, vehicle type, sales channel, end-use industry, and region.
Service/content segment will dominate the market by the end of 2027.
North America holds the highest share of the global market.
Key companies in the market include Geotab Inc., Verizon Connect, Trimble Inc., Trimble Inc., LG Electronics, Continental AG, HARMAN International, TELTONIKA, and others.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Let us assist you! Our analysts are ready to tailor this report to your specific need. REACH OUT TO US TODAY

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Global Commercial Vehicle Telematics Market: OEM and Aftermarket168Free
Chapter- 1: Introduction14Free
Chapter- 2: Summary and Highlights2Free
Chapter- 3: Market Overview20Free
Chapter- 4: Global Market Dynamics9Free
Chapter- 5: Market Breakdown by Product Type9Free
Chapter- 6: Market Breakdown by Connectivity Type10Free
Chapter- 7: Market Breakdown by Vehicle Type8Free
Chapter- 8: Market Breakdown by Sales Channel7Free
Chapter- 9: Market Breakdown by End-Use Industry12Free
Chapter- 10: Market Breakdown by Region14Free
Chapter- 11: Patent Analysis38Free
Chapter- 12: Competitive Landscape10Free
Chapter- 13: Company Profiles13Free
Chapter- 14: Appendix: Acronyms2Free

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Global Commercial Vehicle Telematics Market: OEM and Aftermarket
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