Telematics For On Highway Vehicles Market Scope
Telematics is a system generally used by companies or service providers in the automotive or fleet management sectors to offer vehicle tracking and communication services. Telematics for vehicles offers various features including automatic collision notification, emergency assistance, Good Samaritan assistance, roadside assistance, and vehicle diagnostics.
The Telematics For On Highway Vehicles market study is segmented by Type (Black box telematics device, Smartphone-based telematics device, Bluetooth-powered telematics device, OEM telematics device and Others) and major geographies with country level break-up.
Global Telematics For On Highway Vehicles is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Services and Softwares. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Octo Telematics Ltd. (United Kingdom), GPS Insight (United States), Mix Telematics (South Africa), Zonar Systems (United States), Geotab Inc. (Canada), Cisco Systems Inc. (United States), AirIQ Inc. (Canada), Webfleet Solutions (United States), Volkswagen Group (Germany) and Omnitracs, LLC (United States) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Telematics For On Highway Vehicles market by Type, Application and Region.
On the basis of geography, the market of Telematics For On Highway Vehicles has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 28th January 2021, MiX Telematics launched ground-breaking innovative app-based tracking for vehicles and drivers. With this launch MiX Telematics expand its ability to help customers to improve driver's safety and manage the risks involved in managing diverse and dynamic fleets.
- Technological Advancement across the Globe
- Growing Number of Vehicles on Roads
- Rising Applications of Telematics For On Highway Vehicles to Improve Drivers Behaviour and Road Safety.
- Increasing use of Telematics For On Highway Vehicles to Save Money on Fuel
- Rising Consumer Preference towards Installation of Telematics For On Highway Vehicles can create Opportunities for Market Growth.
- High Cost Required for the Installation Process
- Stringent Regulations for Driving as well as Air Pollution caused by the Vehicles
Key Target AudienceTelematics For On Highway Vehicles Services, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Telematics For On Highway Vehicles Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.