Press release
Automotive Telematics Market 2021 Growth, COVID Impact, Trends Analysis Report 2027
The global automotive telematics market size was valued at $40.4 billion in 2018 and is expected to reach $320.6 billion by 2026, with a CAGR of 26% from 2019 to 2026. By channel type, the OEM segment was the highest revenue contributor in 2018. It accounts for $33.7 billion and is expected to reach $2256 billion by 2026, with a CAGR of 27% over the forecast period. In 2018, North America is expected to account for a major part of the market share.A full report of Automotive Telematics Market is available at: https://www.orionmarketreports.com/automotive-telematics-market/33170/
Key players in the report include Masternaut Limited, TomTom Telematics B.V, Trimble Inc.,Omnitracs ,VERIZON, I.D.Systems, Inc., Airbiquity Inc.,Harman International Industries, Inc., MiX Telematics, Teletrac Navman, and CARTRACK.
Market Drivers:
• Growth in prevalence of vehicles integration with smartphones and other devices is expected to drive the market growth
• Rise in adoption of autonomous driving technology and integration of IoT in the automotive industry; this factor is also expected to act as a driver for the market growth
Market Restraints:
• Lack of proper infrastructure in the developing economies is expected to act as a restraint to the market growth
Automotive Telematics Market Key Segments
By On-Highway Vehicle Services
• Automatic Crash Notification (ACN)
• Emergency Calling
• Navigation & Infotainment
• On-Road Assistance
• Remote Diagnostics
• Vehicle Tracking/Recovery
By On-Highway Vehicle Form Factor
• Embedded Telematics Solutions
• Integrated Telematics Solutions
• Tethered Telematics Solutions
By Off-Highway Vehicle Services
• Fuel Management
• Location/Usage Tracking
• Maintenance & Repair
• Navigation
• Diagnostics
• Other Services
By Off-Highway Vehicles Technology
• Cellular Technology
• Satellite Technology
By Hardware
• Infotainment Display Unit
• Telematics Solutions Control Unit
By Vehicle Type
• Passenger Car
• Commercial Vehicles
Key Players
• Beijing Tianhai Industry Co.Ltd
• Cryofab Inc.
• Emerson
• Graham Partners
• Herose GmbH
• Linde Group AG
• VRV S.P.A
• Air Liquide
• Chart Industries Inc.
• Cryoquip LLC
• Flowserve Corporation
• Parker Hannifin
• INOX India Ltd.
Reasons to Buying From us –
• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Telematics Market Report
• What was the Automotive Telematics Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Automotive Telematics Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Automotive Telematics Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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