Global Telematics in automotive Market Size, Share, Forecast Report, 2020-2027

The global Telematics in automotive market garnered revenue around USD XX Billion in 2019 and projected to reach USD XX Billion in 2027, with at a compound annual growth rate of 21% throughout the estimate period from 2020 to 2027.

Telematics describes the technology used within fleet tracking to manage a vehicle or a fleet of vehicles and other assets, especially in applications such as trucking, site excavation, and construction. Automotive Telematics comprises incorporation of telecommunications, vehicular technology and data processing. The use of telematics in automobiles makes it a suitable mobile information station. Telematics provides live updates of a vehicle with high accuracy. The growth of the market is majorly driven by the increase in awareness among the public for benefits of the use of telematics in vehicles and the increase in road congestions and road accidents. Also, the increasing government support for use of telematics in vehicles and the boom in demand for wireless communication system by passengers will, further, fuel the growth of the market.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Telematics in automotive market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Telematics in automotive market growth.

The global Telematics in automotive market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

The major player operating in the market of global telematics in automotive market are Trimble, Inc.(U.S.), Masternaut Limited (France), TomTom International B.V.( Netherlands), Telogis (U.S.), and   Visteon Corporation (U.S.). Continental AG (Germany), Airbiquity, Inc.(U.S.), AT&T Inc.(U.S.), Delphi Automotive PLC (U.K.), Harman International Industries, Inc. (U.S.), Robert Bosch GmbH (Germany), Trimble Inc. (U.S.), and Verizon Communications, Inc. (U.S.) are among others.

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

By Type
Embedded
Integrated
Tethered

By Application
Fleet Management
Satellite Navigation
Vehicle Safety Communication
Others

By Systems
Driving Assistance Systems
Telematics Control Unit
Global Positioning System (GPS)
Vehicle Tracking Systems
Vehicular Emergency Warning Systems
Others

By Vehicle Type
Passenger Car
Light Commercial Vehicles
Heavy Commercial Vehicles

By Distribution Channel
OEM
Aftermarket

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • Italy
  • France
  • Rest of EU
• Asia Pacific
  • China
  • India
  • Japan
  • Southeast Asia
  • Rest of APAC
• Central & South America
  • Brazil
  • Argentina
  • Rest of Central & South America
• Middle East and Africa
  • UAE
  • Saudi Arabia
  • Rest of MEA