Global Automotive Telematics Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2023

Industry : Automotive & Transportation Date : July 15th, 2018
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The global automotive telematics market is expected to increase from USD 18,120.0 million in 2016, to USD 66,880.0 million in 2023, at a CAGR of 16.4% from 2017 to 2023. The increasing demands for connectivity at low cost and rapid penetration of the telematics market in developing countries are driving the automotive telematics market growth. Moreover, the growing demand for advanced telematics components in automobiles adds to growth of the automotive telematics market. The years used for the assessment are as follows;

  • Historical year   : 2013, 2014, 2015
  • Base year            : 2016
  • Forecast period : 2017 – 2023

RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources.
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them.
  • Study of past trends in the market and their year on year Impact on the market size and share.
  • Analyzing the collected data points.
  • Bridging the data points to calculate the total automotive telematics market and it various segments.
  • Anticipating potential risks.
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the automotive telematics market.
  • Finalizing the overall size and share for the global automotive telematics market.

OBJECTIVES:

  • To classify the global automotive telematics market into segments by sector, and region and analyze their growth prospects individually.
  • To analyze market trends, opportunities, drivers and restraints associated with the automotive telematics market.
  • Profiling key companies operating in the global automotive telematics market.
  • To study market response with respect to the mergers and acquisitions in the industry.

MARKET SCOPE

The research scope for global automotive telematics market is as follows: 

By Type

  • Tethered
  • Embedded
  • Integrated
  • Others 

By Technology

  • Telematics System Architecture
  • Telematics Services
  • Others 

By Services

  • Satellite Navigation
  • Vehicle Safety Communication
  • Entertainment
  • Fleet Management
  • Remote Diagnostics
  • Vehicle Tracking
  • Others 

By Vehicles Market

  • Passenger vehicles
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

By Region

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

The Global automotive telematics market was valued at USD 18,120.0 million in 2016, is expected to reach USD 66,880.0 million by 2023, growing at a CAGR of 16.4 % from 2017 to 2023. The key factor driving the growth of the automotive telematics markets are the growing innovation in automotive telematics and their growing application in automotive vehicles. Moreover, the government regulation to enhance safety system in automobiles had led to greater demand for automotive telematics market across the globe.

Global automotive telematics market is demanded owing to increasing demand of telematics equipped vehicles. Growing number of integrated wireless communication system in vehicles are creating the opportunity for the automotive telematics market. Increasing number of connected cars and autonomous vehicles are the major trends impacting the growth of automotive telematics market.

Passenger vehicle market is expected to holds the largest share during the forecast period owing to installation of new technology like safety communication in passenger vehicles. Vehicles tracking segment is expected to dominate the market during the forecast period. Vehicles such as trailer and containers are fitted with vehicles tracking system which helps in tracking the vehicles across the world.

Geographically, Asia-Pacific accounts for the major market share and is expected to dominate the global automotive telematics market during the forecast period. The growing demand for new technology and the booming automobile industry drives the growth of automotive telematics market in this region. Moreover, the stringent government regulation is also driving the automotive telematics market in Asia-Pacific region.

Some of the leading players in global automotive telematics market include Trimble, Inc., Masternaut Limited, TomTom International B.V., Telogis, Visteon Corporation, Continental AG, Airbiquity, Inc. and Agero, Inc,  Continental Ag, Robert Bosch Gmbh among others.

automotive telematics market

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Market Definition

1.2. Market Segmentation

1.2.1. Market breakdown, By Type

1.2.2. Market breakdown, By Technology

1.2.3. Market breakdown, By Services

1.2.4. Market breakdown, By Vehicles Market

1.2.5. Market breakdown, By Region

1.3. Research Methodology

1.4. Executive Summary

CHAPTER 2. Market Outlook

2.1. Introduction

2.2. Landscape

2.2.1. Market Share

2.2.2. Opportunities

   2.2.2.1. Increasing number of electric vehicles

           2.2.2.2. Growing number of autonomous and non autonomous vehicles

2.2.3. Trends

    2.2.3.1. Increasing number of connected cars market

2.2.4. Growth Drivers

    2.2.4.1. Innovation in telematics market globally

    2.2.4.2. Government regulation to ensure safety system in automobiles

        2.2.5. Impact Analysis of Drivers on Future Forecast of the Market

        2.2.6. Restraints of the Market

   2.2.6.1. Lack of standardization

       2.2.7. Impact Analysis of Restraints on Future Forecast of the Market

CHAPTER 3. Market Entry Strategy

3.1. Regulatory Affairs

3.2. Competitive Analysis

3.3. Investment Analysis

3.4. Recommendations

CHAPTER 4. Global Automotive Telematics Market Size and Forecast (2013 – 2023)

4.1. Global Automotive Telematics Market, By Type

4.1.1. Tethered

4.1.2. Embedded

4.1.3. Integrated

4.1.4. Others

4.2. Global Automotive Telematics Market, By Technology

4.2.1. Telematics System Architecture

4.2.2. Telematics Services

4.2.3. Others

4.3. Global Automotive Telematics Market, By Services

4.3.1. Satellite Navigation

4.3.2. Vehicle Safety Communication

4.3.3. Entertainment

4.3.4. Fleet Management

4.3.5. Remote Diagnostics

4.3.6. Vehicles Tracking

4.3.7. Others

4.4. Global Automotive Telematics Market, By Vehicles Market

4.4.1. Passenger Vehicles

4.4.2. Light Commercial Vehicles

4.4.3. Heavy Commercial Vehicles

4.5. Global Automotive Telematics Market, By Region

4.5.1. North America

4.5.2. Europe

4.5.3. Asia-Pacific

4.5.4. Middle East & Africa (MEA)

4.5.5. Rest of the World

CHAPTER 5. Global Automotive Telematics Market, By Geography

5.1. North America Automotive Telematics Market

5.1.1. North America Automotive Telematics Market, By Type

5.1.2. North America Automotive Telematics Market, By Technology

5.1.3. North America Automotive Telematics Market, By Services

5.1.4. North America Automotive Telematics Market, By Vehicles Market

5.1.5. North America Automotive Telematics Market, By Country

         5.1.5.1. The U.S.

 5.1.5.2. Canada

 5.1.5.3. Mexico

5.2. Europe Automotive Telematics Market

5.2.1. Europe Automotive Telematics Market, By Type

5.2.2. Europe Automotive Telematics Market, By Technology

5.2.3. Europe Automotive Telematics Market, By Services

5.2.4. Europe Automotive Telematics Market, By Vehicles Market

5.2.5. Europe Automotive Telematics Market, By Country

   5.2.5.1. Germany

          5.2.5.2. France

          5.2.5.3. The U.K.

          5.2.5.4. Rest of Europe

5.3. Asia-Pacific Automotive Telematics Market

5.3.1. Asia-Pacific Automotive Telematics Market, By Type

5.3.2. Asia-Pacific Automotive Telematics Market, By Technology

5.3.3. Asia-Pacific Automotive Telematics Market, By Services

5.3.4. Asia-Pacific Automotive Telematics Market, By Vehicle Market

5.3.5. Asia-Pacific Automotive Telematics Market, By Country

  5.3.5.1. China

         5.3.5.2. Japan

         5.3.5.3. India

         5.3.5.4. Rest of Asia-Pacific

5.4. Middle East & Africa (MEA) Automotive Telematics Market

5.4.1. Middle East & Africa (MEA) Automotive Telematics Market, By Type

5.4.2. Middle East & Africa (MEA) Automotive Telematics Market, By Technology

5.4.3. Middle East & Africa (MEA) Automotive Telematics Market, By Services

5.4.4. Middle East & Africa (MEA) Automotive Telematics Market, By Vehicles Market

5.4.5. Middle East & Africa (MEA) Automotive Telematics Market, By Country

   5.4.5.1. Saudi Arabia

           5.4.5.2. South Africa

           5.4.5.3. Rest of MEA

5.5. South America Automotive Telematics Market

5.5.1. South America Automotive Telematics Market, By Type

5.5.2. South America Automotive Telematics Market, By Technology

5.5.3. South America Automotive Telematics Market, By Services

5.5.4. South America Automotive Telematics Market, By Vehicles Market

5.5.5. South America Automotive Telematics Market, By Country

   5.5.5.1. Brazil

           5.5.5.2. Argentina

CHAPTER 6. Competitive Analysis

6.1. Company Market Share Analysis (2016)

6.2. Porters Five Forces Analysis

6.2.1. Bargaining Power of Buyers

6.2.2. Bargaining Power of Suppliers

6.2.3. Threat of New Entrants

6.2.4. Intensity of Rivalry

6.2.5. Threat of Substitutes

CHAPTER 7. Key Players and Strategic Developments

7.1. Tom Tom International BV

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. Trimble, Inc.

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. Masternaut Limited

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. Telogis

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. Visteon Corporation

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. Continental AG

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. Airbiquity, Inc.

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. Agero, Inc.

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

7.9. Robert Bosch Gmbh

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

7.10. Continental Ag

7.10.1. Business Overview

7.10.2. Product and Service Offering

7.10.3. Financial Overview

7.10.4. Strategic Developments

Global Automotive Telematics Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2023