The “Global Vehicle Telematics Hardware Market 2nd Edition” report has been added to ResearchAndMarkets.com’s offering.
With the global telematics market continuously evolving, this report provides essential information and forecasts to help businesses and stakeholders make informed decisions.
Telematics, encompassing various vehicle connectivity solutions, has gained immense traction in the automotive industry. This report focuses on automatic telematics systems designed for passenger cars and commercial vehicles with cellular communications capabilities. As the connected car trend continues to grow, both automakers and aftermarket telematics providers are vying for a share of this dynamic market.
Key Findings:
- Rising Demand for Aftermarket Telematics: In 2022, global sales of aftermarket telematics hardware devices reached a staggering 47.2 million units, with a total market value of approximately €2.4 billion. The Asia-Pacific region emerged as the largest market, with shipments reaching an impressive 16.6 million units.
- OEM Telematics Adoption Surges: A noteworthy development is the surge in adoption of OEM-embedded telematics systems. In 2022, nearly 72 percent of all new passenger cars and commercial vehicles sold worldwide were equipped with OEM-embedded telematics systems. LG Electronics leads the OEM telematics hardware market, boasting a market share of approximately 27 percent.
- Leading Players in the Aftermarket: The report profiles prominent players in the aftermarket segment. Teltonika, with a 6 percent market share and annual sales of €139 million, secured the top spot in aftermarket hardware sales. CalAmp, Queclink, and Jimi/Concox also feature prominently in this segment.
- Comprehensive Company Profiles: In addition to market insights, the report offers detailed profiles of 100 aftermarket and OEM vehicle telematics hardware vendors. These profiles provide valuable insights into the strategies and market presence of these industry leaders.
- Market Growth and Trends: The report delves into market trends, technology developments, key drivers, and barriers. It also explores how 5G adoption, electrification trends, and evolving regulations are shaping the industry.
- Regional Analysis: To help businesses understand the evolving landscape, the report provides market forecasts by region, covering Europe, North America, Latin America, Asia-Pacific, and MEA.
The “Global Vehicle Telematics Hardware Market 2nd Edition” report serves as a valuable resource for industry professionals, investors, and businesses seeking to navigate the dynamic vehicle telematics hardware market. With extensive data, insightful analysis, and forecasts extending to 2027, this report provides the information needed to make informed decisions in this evolving industry.
Highlights from the Report:
- Insights from 30 new executive interviews with market leading companies.
- Comprehensive overview of the vehicle telematics hardware value chain and key applications.
- In-depth analysis of market trends and key developments.
- New profiles of 100 aftermarket and OEM vehicle telematics hardware vendors.
- Summary of the involvement of vehicle OEMs and mobile operators.
- New data on vehicle populations and new vehicle registrations worldwide.
- Market forecasts by region lasting until 2027.
A selection of companies mentioned in this report includes
- Actia
- AFAQY
- Aplicom
- Aptiv
- ArusNavi
- Arya Omnitalk
- Ascent Solutions
- Atlanta Systems
- ATrack
- Bitrek
- Bofan Information Technology
- Bosch
- CalAmp
- Cargo-UFC
- Coban Electronics
- Connected Cars
- Continental
- Cox Automotive
- Cox2M
- Danlaw
- Denso
- Digital Matter
- Directed Electronics Australia
- ERM Advanced Telematics
- Fleet Complete
- FleetGuide
- G7 Connect
- Geometris
- Geotab
- GLONASSSoft
- GoSafe
- Huabao Electronics Technology
- Hyundai Mobis
- IAV
- IMS
- Intangles
- iTriangle
- Ituran
- iWave Systems Technologies
- Jointech
- Kingwo
- Kuantic
- Lantronix
- Lear
- Level Systems
- LG Electronics
- Marelli
- Maxtrack
- Meitrack
- Meta system
- Micronet
- Motive Technologies
- Munic
- Navtelecom
- Neomatica
- Neoway Technology
- Omnicomm
- PassTime GPS
- PCL Technology
- Positioning Universal
- Powerfleet
- Procon Analytics
- Quake Global
- Quartix
- Quasar Electronics
- Questar Auto Technologies
- Redtail Telematics
- Ruptela
- Samsara
- SareKon
- Sensata Insights
- Sinocastel
- Spireon
- Suntech International
- TechnoKom
- Teltonika
- ThinkRace
- TOPFLYtech
- TotemTech
- Trakm8
- Tramigo
- Ulbotech
- Valeo
- Vem Solutions
- Visteon
- Volty
- Voyomotive
- Webfleet
