New York, July 14, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Commercial Vehicle Telematics Industry" - https://www.reportlinker.com/p092480/?utm_source=GNW
3 Billion by 2027, growing at a CAGR of 20.1% over the period 2020-2027.Service, one of the segments analyzed in the report, is projected to grow at a 18.7% CAGR to reach US$19.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Solution segment is readjusted to a revised 21.8% CAGR for the next 7-year period. This segment currently accounts for a 43.5% share of the global Commercial Vehicle Telematics market.
The U.S. Accounts for Over 29.6% of Global Market Size in 2020, While China is Forecast to Grow at a 19.4% CAGR for the Period of 2020-2027
The Commercial Vehicle Telematics market in the U.S. is estimated at US$3.1 Billion in the year 2020. The country currently accounts for a 29.64% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$6.4 Billion in the year 2027 trailing a CAGR of 19.4% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.9% and 17.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.9% CAGR while Rest of European market (as defined in the study) will reach US$6.4 Billion by the year 2027.We bring years of research experience to this 15th edition of our report. The 252-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
- Competitors identified in this market include, among others,
- Agero Inc.
- Airbiquity, Inc.
- AirIQ Inc.
- BOX Telematics Ltd.
- BSM Technologies Inc.
- CalAmp
- Ctrack
- Davis Instruments
- Fleetmatics Group PLC
- Geotab Inc.
- Intelligent Telematics
- Omnitracs LLC
- OnStar LLC
- Orbcomm Inc.
- Qualcomm Inc.
- Telit Wireless Solutions
- Transport Management Solutions Ltd.
- Trimble Transport & Logistics
- Zonar Systems
Read the full report: https://www.reportlinker.com/p092480/?utm_source=GNW
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Telematics Shapes the Future of Automobiles in the 21st Century
by Ushering in a New Era of Intelligence
Recent Market Activity
Commercial Vehicle Telematics: Market Overview
Market Outlook
Global Competitor Market Shares
Commercial Vehicle Telematics Competitor Market Share Scenario
Worldwide (in %): 2018 & 2029
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
Airbiquity, Inc. (USA)
AirIQ, Inc. (Canada)
Agero, Inc. (USA)
BOX Telematics Ltd. (UK)
BSM Technologies, Inc. (Canada)
CalAmp (USA)
Ctrack (UK)
Davis Instruments (USA)
Fleetmatics Group PLC (Ireland)
Geotab, Inc. (Canada)
Intelligent Telematics (Ireland)
Omnitracs, LLC (USA)
OnStar Corporation (USA)
Orbcomm, Inc. (USA)
QUALCOMM, Inc. (USA)
Telit Wireless Solutions (UK)
Transport Management Solutions Ltd. (UK)
Trimble Transport & Logistics (Belgium)
Zonar Systems (USA)
3. MARKET TRENDS & DRIVERS
A Peek Into Key Trends Providing the Stepping Stone for Growth
of Telematics in the CV Market
Growing Production of CVs
Automobile Electronification
Growing ITS Investments
The Rise of Connected Vehicles
Mandatory Telematics Regulations in the CV Industry
Developments in Connectivity Technologies like Cellular
Networks, Wi-Fi, Bluetooth & Satellite Commutations
Cost Pressures in the Logistics Industry Spurs Market
Opportunities for CV Telematics in Fleet Management
Innovation in Telematics Services to Boost Revenue Potential of
the Market
One-stop Telematics Solutions of the Future
Unique Platforms for Different Fleet Sizes
A Glance at Other Major Technology Trends
Growing Investments in Public Transportation to Benefit Growth
of CV Telematics
Aftermarket Telematics Emerges Over the Horizon to Compete With
OEM Embedded Telematics
Big Data on Wheels: Automotive Telematics to Derive New Value
From Emerging Big Data Technologies
Telematics: The New Fuel Source for Big Data
Need to Reduce Vehicle Insurance Costs & Risks Drives Interest
in Telematics Usage-Based Insurance
UBI Pricing Scheme
Advantages & Challenges
Effect of Telematics on the Insurance Industry
Developments in Mobile Telemedicine, Emergency Care & First
Responder Networks Drive Demand for Telematics
Spurt in Infrastructure Development in Emerging Markets Drives
Demand for Off-Highway Vehicle Telematics
Strong Growth in Car Sharing, Car Rental & Carpooling Services
Expands the Business Case for Transport Telematics
Developing Regions to Drive Future Market Growth
Challenges to Growth: A Review
Concerns Over Driver Distraction
Hacking Emerges Into a Potent Threat to Privacy & Data Security
4. GLOBAL MARKET PERSPECTIVE
Table 1: Commercial Vehicle Telematics Global Market Estimates
and Forecasts in US$ Million by Region/Country: 2020-2027
Table 2: Commercial Vehicle Telematics Global Retrospective
Market Scenario in US$ Million by Region/Country: 2012-2019
Table 3: Commercial Vehicle Telematics Market Share Shift
across Key Geographies Worldwide: 2012 VS 2020 VS 2027
Table 4: Service (Type) World Market by Region/Country in US$
Million: 2020 to 2027
Table 5: Service (Type) Historic Market Analysis by
Region/Country in US$ Million: 2012 to 2019
Table 6: Service (Type) Market Share Breakdown of Worldwide
Sales by Region/Country: 2012 VS 2020 VS 2027
Table 7: Solution (Type) Potential Growth Markets Worldwide in
US$ Million: 2020 to 2027
Table 8: Solution (Type) Historic Market Perspective by
Region/Country in US$ Million: 2012 to 2019
Table 9: Solution (Type) Market Sales Breakdown by
Region/Country in Percentage: 2012 VS 2020 VS 2027
Table 10: OEM (Provider Type) Geographic Market Spread
Worldwide in US$ Million: 2020 to 2027
Table 11: OEM (Provider Type) Region Wise Breakdown of Global
Historic Demand in US$ Million: 2012 to 2019
Table 12: OEM (Provider Type) Market Share Distribution in
Percentage by Region/Country: 2012 VS 2020 VS 2027
Table 13: Aftermarket (Provider Type) World Market Estimates
and Forecasts by Region/Country in US$ Million: 2020 to 2027
Table 14: Aftermarket (Provider Type) Market Historic Review by
Region/Country in US$ Million: 2012 to 2019
Table 15: Aftermarket (Provider Type) Market Share Breakdown by
Region/Country: 2012 VS 2020 VS 2027
Table 16: Transport & Logistics (End-Use) Worldwide Latent
Demand Forecasts in US$ Million by Region/Country: 2020-2027
Table 17: Transport & Logistics (End-Use) Global Historic
Analysis in US$ Million by Region/Country: 2012-2019
Table 18: Transport & Logistics (End-Use) Distribution of
Global Sales by Region/Country: 2012 VS 2020 VS 2027
Table 19: Insurance (End-Use) Sales Estimates and Forecasts in
US$ Million by Region/Country for the Years 2020 through 2027
Table 20: Insurance (End-Use) Analysis of Historic Sales in US$
Million by Region/Country for the Years 2012 to 2019
Table 21: Insurance (End-Use) Global Market Share Distribution
by Region/Country for 2012, 2020, and 2027
Table 22: Other End-Uses (End-Use) Global Opportunity
Assessment in US$ Million by Region/Country: 2020-2027
Table 23: Other End-Uses (End-Use) Historic Sales Analysis in
US$ Million by Region/Country: 2012-2019
Table 24: Other End-Uses (End-Use) Percentage Share Breakdown
of Global Sales by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Commercial Vehicle Telematics Market Share (in %) by
Company: 2018 & 2025
Market Analytics
Table 25: United States Commercial Vehicle Telematics Market
Estimates and Projections in US$ Million by Type: 2020 to 2027
Table 26: Commercial Vehicle Telematics Market in the United
States by Type: A Historic Review in US$ Million for 2012-2019
Table 27: United States Commercial Vehicle Telematics Market
Share Breakdown by Type: 2012 VS 2020 VS 2027
Table 28: United States Commercial Vehicle Telematics Market
Estimates and Projections in US$ Million by Provider Type: 2020
to 2027
Table 29: Commercial Vehicle Telematics Market in the United
States by Provider Type: A Historic Review in US$ Million for
2012-2019
Table 30: United States Commercial Vehicle Telematics Market
Share Breakdown by Provider Type: 2012 VS 2020 VS 2027
Table 31: United States Commercial Vehicle Telematics Latent
Demand Forecasts in US$ Million by End-Use: 2020 to 2027
Table 32: Commercial Vehicle Telematics Historic Demand
Patterns in the United States by End-Use in US$ Million for
2012-2019
Table 33: Commercial Vehicle Telematics Market Share Breakdown
in the United States by End-Use: 2012 VS 2020 VS 2027
CANADA
Table 34: Canadian Commercial Vehicle Telematics Market
Estimates and Forecasts in US$ Million by Type: 2020 to 2027
Table 35: Canadian Commercial Vehicle Telematics Historic
Market Review by Type in US$ Million: 2012-2019
Table 36: Commercial Vehicle Telematics Market in Canada:
Percentage Share Breakdown of Sales by Type for 2012, 2020, and
2027
Table 37: Canadian Commercial Vehicle Telematics Market
Estimates and Forecasts in US$ Million by Provider Type: 2020
to 2027
Table 38: Canadian Commercial Vehicle Telematics Historic
Market Review by Provider Type in US$ Million: 2012-2019
Table 39: Commercial Vehicle Telematics Market in Canada:
Percentage Share Breakdown of Sales by Provider Type for 2012,
2020, and 2027
Table 40: Canadian Commercial Vehicle Telematics Market
Quantitative Demand Analysis in US$ Million by End-Use: 2020 to
2027
Table 41: Commercial Vehicle Telematics Market in Canada:
Summarization of Historic Demand Patterns in US$ Million by
End-Use for 2012-2019
Table 42: Canadian Commercial Vehicle Telematics Market Share
Analysis by End-Use: 2012 VS 2020 VS 2027
JAPAN
Table 43: Japanese Market for Commercial Vehicle Telematics:
Annual Sales Estimates and Projections in US$ Million by Type
for the Period 2020-2027
Table 44: Commercial Vehicle Telematics Market in Japan:
Historic Sales Analysis in US$ Million by Type for the Period
2012-2019
Table 45: Japanese Commercial Vehicle Telematics Market Share
Analysis by Type: 2012 VS 2020 VS 2027
Table 46: Japanese Market for Commercial Vehicle Telematics:
Annual Sales Estimates and Projections in US$ Million by
Provider Type for the Period 2020-2027
Table 47: Commercial Vehicle Telematics Market in Japan:
Historic Sales Analysis in US$ Million by Provider Type for the
Period 2012-2019
Table 48: Japanese Commercial Vehicle Telematics Market Share
Analysis by Provider Type: 2012 VS 2020 VS 2027
Table 49: Japanese Demand Estimates and Forecasts for
Commercial Vehicle Telematics in US$ Million by End-Use: 2020
to 2027
Table 50: Japanese Commercial Vehicle Telematics Market in US$
Million by End-Use: 2012-2019
Table 51: Commercial Vehicle Telematics Market Share Shift in
Japan by End-Use: 2012 VS 2020 VS 2027
CHINA
Table 52: Chinese Commercial Vehicle Telematics Market Growth
Prospects in US$ Million by Type for the Period 2020-2027
Table 53: Commercial Vehicle Telematics Historic Market
Analysis in China in US$ Million by Type: 2012-2019
Table 54: Chinese Commercial Vehicle Telematics Market by Type:
Percentage Breakdown of Sales for 2012, 2020, and 2027
Table 55: Chinese Commercial Vehicle Telematics Market Growth
Prospects in US$ Million by Provider Type for the Period
2020-2027
Table 56: Commercial Vehicle Telematics Historic Market
Analysis in China in US$ Million by Provider Type: 2012-2019
Table 57: Chinese Commercial Vehicle Telematics Market by
Provider Type: Percentage Breakdown of Sales for 2012, 2020,
and 2027
Table 58: Chinese Demand for Commercial Vehicle Telematics in
US$ Million by End-Use: 2020 to 2027
Table 59: Commercial Vehicle Telematics Market Review in China
in US$ Million by End-Use: 2012-2019
Table 60: Chinese Commercial Vehicle Telematics Market Share
Breakdown by End-Use: 2012 VS 2020 VS 2027
EUROPE
Market Facts & Figures
European Commercial Vehicle Telematics Market: Competitor
Market Share Scenario (in %) for 2018 & 2025
Market Analytics
Table 61: European Commercial Vehicle Telematics Market Demand
Scenario in US$ Million by Region/Country: 2020-2027
Table 62: Commercial Vehicle Telematics Market in Europe:
A Historic Market Perspective in US$ Million by Region/Country
for the Period 2012-2019
Table 63: European Commercial Vehicle Telematics Market Share
Shift by Region/Country: 2012 VS 2020 VS 2027
Table 64: European Commercial Vehicle Telematics Market
Estimates and Forecasts in US$ Million by Type: 2020-2027
Table 65: Commercial Vehicle Telematics Market in Europe in US$
Million by Type: A Historic Review for the Period 2012-2019
Table 66: European Commercial Vehicle Telematics Market Share
Breakdown by Type: 2012 VS 2020 VS 2027
Table 67: European Commercial Vehicle Telematics Market
Estimates and Forecasts in US$ Million by Provider Type:
2020-2027
Table 68: Commercial Vehicle Telematics Market in Europe in US$
Million by Provider Type: A Historic Review for the Period
2012-2019
Table 69: European Commercial Vehicle Telematics Market Share
Breakdown by Provider Type: 2012 VS 2020 VS 2027
Table 70: European Commercial Vehicle Telematics Addressable
Market Opportunity in US$ Million by End-Use: 2020-2027
Table 71: Commercial Vehicle Telematics Market in Europe:
Summarization of Historic Demand in US$ Million by End-Use for
the Period 2012-2019
Table 72: European Commercial Vehicle Telematics Market Share
Analysis by End-Use: 2012 VS 2020 VS 2027
FRANCE
Table 73: Commercial Vehicle Telematics Market in France by
Type: Estimates and Projections in US$ Million for the Period
2020-2027
Table 74: French Commercial Vehicle Telematics Historic Market
Scenario in US$ Million by Type: 2012-2019
Table 75: French Commercial Vehicle Telematics Market Share
Analysis by Type: 2012 VS 2020 VS 2027
Table 76: Commercial Vehicle Telematics Market in France by
Provider Type: Estimates and Projections in US$ Million for the
Period 2020-2027
Table 77: French Commercial Vehicle Telematics Historic Market
Scenario in US$ Million by Provider Type: 2012-2019
Table 78: French Commercial Vehicle Telematics Market Share
Analysis by Provider Type: 2012 VS 2020 VS 2027
Table 79: Commercial Vehicle Telematics Quantitative Demand
Analysis in France in US$ Million by End-Use: 2020-2027
Table 80: French Commercial Vehicle Telematics Historic Market
Review in US$ Million by End-Use: 2012-2019
Table 81: French Commercial Vehicle Telematics Market Share
Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and
2027
GERMANY
Table 82: Commercial Vehicle Telematics Market in Germany:
Recent Past, Current and Future Analysis in US$ Million by Type
for the Period 2020-2027
Table 83: German Commercial Vehicle Telematics Historic Market
Analysis in US$ Million by Type: 2012-2019
Table 84: German Commercial Vehicle Telematics Market Share
Breakdown by Type: 2012 VS 2020 VS 2027
Table 85: Commercial Vehicle Telematics Market in Germany:
Recent Past, Current and Future Analysis in US$ Million by
Provider Type for the Period 2020-2027
Table 86: German Commercial Vehicle Telematics Historic Market
Analysis in US$ Million by Provider Type: 2012-2019
Table 87: German Commercial Vehicle Telematics Market Share
Breakdown by Provider Type: 2012 VS 2020 VS 2027
Table 88: Commercial Vehicle Telematics Market in Germany:
Annual Sales Estimates and Forecasts in US$ Million by End-Use
for the Period 2020-2027
Table 89: German Commercial Vehicle Telematics Market in
Retrospect in US$ Million by End-Use: 2012-2019
Table 90: Commercial Vehicle Telematics Market Share
Distribution in Germany by End-Use: 2012 VS 2020 VS 2027
ITALY
Table 91: Italian Commercial Vehicle Telematics Market Growth
Prospects in US$ Million by Type for the Period 2020-2027
Table 92: Commercial Vehicle Telematics Historic Market
Analysis in Italy in US$ Million by Type: 2012-2019
Table 93: Italian Commercial Vehicle Telematics Market by Type:
Percentage Breakdown of Sales for 2012, 2020, and 2027
Table 94: Italian Commercial Vehicle Telematics Market Growth
Prospects in US$ Million by Provider Type for the Period
2020-2027
Table 95: Commercial Vehicle Telematics Historic Market
Analysis in Italy in US$ Million by Provider Type: 2012-2019
Table 96: Italian Commercial Vehicle Telematics Market by
Provider Type: Percentage Breakdown of Sales for 2012, 2020,
and 2027
Table 97: Italian Demand for Commercial Vehicle Telematics in
US$ Million by End-Use: 2020 to 2027
Table 98: Commercial Vehicle Telematics Market Review in Italy
in US$ Million by End-Use: 2012-2019
Table 99: Italian Commercial Vehicle Telematics Market Share
Breakdown by End-Use: 2012 VS 2020 VS 2027
UNITED KINGDOM
Table 100: United Kingdom Market for Commercial Vehicle
Telematics: Annual Sales Estimates and Projections in US$
Million by Type for the Period 2020-2027
Table 101: Commercial Vehicle Telematics Market in the United
Kingdom: Historic Sales Analysis in US$ Million by Type for the
Period 2012-2019
Table 102: United Kingdom Commercial Vehicle Telematics Market
Share Analysis by Type: 2012 VS 2020 VS 2027
Table 103: United Kingdom Market for Commercial Vehicle
Telematics: Annual Sales Estimates and Projections in US$
Million by Provider Type for the Period 2020-2027
Table 104: Commercial Vehicle Telematics Market in the United
Kingdom: Historic Sales Analysis in US$ Million by Provider
Type for the Period 2012-2019
Table 105: United Kingdom Commercial Vehicle Telematics Market
Share Analysis by Provider Type: 2012 VS 2020 VS 2027
Table 106: United Kingdom Demand Estimates and Forecasts for
Commercial Vehicle Telematics in US$ Million by End-Use: 2020
to 2027
Table 107: United Kingdom Commercial Vehicle Telematics Market
in US$ Million by End-Use: 2012-2019
Table 108: Commercial Vehicle Telematics Market Share Shift in
the United Kingdom by End-Use: 2012 VS 2020 VS 2027
REST OF EUROPE
Table 109: Rest of Europe Commercial Vehicle Telematics Market
Estimates and Forecasts in US$ Million by Type: 2020-2027
Table 110: Commercial Vehicle Telematics Market in Rest of
Europe in US$ Million by Type: A Historic Review for the Period
2012-2019
Table 111: Rest of Europe Commercial Vehicle Telematics Market
Share Breakdown by Type: 2012 VS 2020 VS 2027
Table 112: Rest of Europe Commercial Vehicle Telematics Market
Estimates and Forecasts in US$ Million by Provider Type:
2020-2027
Table 113: Commercial Vehicle Telematics Market in Rest of
Europe in US$ Million by Provider Type: A Historic Review for
the Period 2012-2019
Table 114: Rest of Europe Commercial Vehicle Telematics Market
Share Breakdown by Provider Type: 2012 VS 2020 VS 2027
Table 115: Rest of Europe Commercial Vehicle Telematics
Addressable Market Opportunity in US$ Million by End-Use:
2020-2027
Table 116: Commercial Vehicle Telematics Market in Rest of
Europe: Summarization of Historic Demand in US$ Million by
End-Use for the Period 2012-2019
Table 117: Rest of Europe Commercial Vehicle Telematics Market
Share Analysis by End-Use: 2012 VS 2020 VS 2027
ASIA-PACIFIC
Table 118: Commercial Vehicle Telematics Market in Asia-Pacific
by Type: Estimates and Projections in US$ Million for the
Period 2020-2027
Table 119: Asia-Pacific Commercial Vehicle Telematics Historic
Market Scenario in US$ Million by Type: 2012-2019
Table 120: Asia-Pacific Commercial Vehicle Telematics Market
Share Analysis by Type: 2012 VS 2020 VS 2027
Table 121: Commercial Vehicle Telematics Market in Asia-Pacific
by Provider Type: Estimates and Projections in US$ Million for
the Period 2020-2027
Table 122: Asia-Pacific Commercial Vehicle Telematics Historic
Market Scenario in US$ Million by Provider Type: 2012-2019
Table 123: Asia-Pacific Commercial Vehicle Telematics Market
Share Analysis by Provider Type: 2012 VS 2020 VS 2027
Table 124: Commercial Vehicle Telematics Quantitative Demand
Analysis in Asia-Pacific in US$ Million by End-Use: 2020-2027
Table 125: Asia-Pacific Commercial Vehicle Telematics Historic
Market Review in US$ Million by End-Use: 2012-2019
Table 126: Asia-Pacific Commercial Vehicle Telematics Market
Share Analysis: A 17-Year Perspective by End-Use for 2012,
2020, and 2027
REST OF WORLD
Table 127: Rest of World Commercial Vehicle Telematics Market
Estimates and Forecasts in US$ Million by Type: 2020 to 2027
Table 128: Rest of World Commercial Vehicle Telematics Historic
Market Review by Type in US$ Million: 2012-2019
Table 129: Commercial Vehicle Telematics Market in Rest of
World: Percentage Share Breakdown of Sales by Type for 2012,
2020, and 2027
Table 130: Rest of World Commercial Vehicle Telematics Market
Estimates and Forecasts in US$ Million by Provider Type: 2020
to 2027
Table 131: Rest of World Commercial Vehicle Telematics Historic
Market Review by Provider Type in US$ Million: 2012-2019
Table 132: Commercial Vehicle Telematics Market in Rest of
World: Percentage Share Breakdown of Sales by Provider Type for
2012, 2020, and 2027
Table 133: Rest of World Commercial Vehicle Telematics Market
Quantitative Demand Analysis in US$ Million by End-Use: 2020 to
2027
Table 134: Commercial Vehicle Telematics Market in Rest of
World: Summarization of Historic Demand Patterns in US$ Million
by End-Use for 2012-2019
Table 135: Rest of World Commercial Vehicle Telematics Market
Share Analysis by End-Use: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 75
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