Press release
High-Tech Advancement Of Vehicles Is Significantly Leading To The Growth Of Global Vehicle Trip Computers Market
Vehicle Trip Computers Market IntroductionVehicle trip computers refer to a trip monitoring device installed in vehicles that helps the driver gauge efficiency of the vehicle and also help in the planning of refueling stops. Vehicle trip computers can measure the speed of the vehicle, the distance covered in that speed, and fuel consumed besides the amount of fuel left in the vehicle fuel tank. Furthermore, the offerings in vehicle trip computers market is wide as it includes different types of vehicle trip computers that offer different sets of functions.
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For instance, some of the vehicle trip computers can gauge the amount of time spent on a trip and more importantly, the amount of time left before the vehicle runs out of the gas. For these benefits, the preference of a number of consumers has shifted towards the installation of vehicle trip computers in their vehicles.
Vehicle Trip Computers Market Dynamics
Vehicle Trip Computers Market Drivers
As a consequence of sound per capita spending on automobiles, the installation of vehicle tripping to remote areas has increased significantly over the past few years. The availability of fuel stations and gas stations in an unknown terrain is uncertain for the consumer. Therefore, to ensure an uninterrupted travelling and safety in such areas, consumers are bound to install vehicle trip computers in their vehicles so that they can plan their trips accordingly and travel uninterruptedly. This factor has significantly increased the number of installations of vehicle trip computers in passenger and tourist vehicles, and hence is acting as one of the key factor behind the growth of global vehicle trip computers market, particularly from the after sales channel segment.
High-tech advancement of vehicles is another factor that is significantly leading to the growth of global vehicle trip computers market. Most of the passenger vehicles that are being launched today are already equipped with the advanced versions of vehicle trip computers. This has ensured a stable consumption of vehicle trip computers in the automotive industry.
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Vehicle Trip Computers Market Segmentation
The global Vehicle Trip Computers market can be segmented on the basis of sales channel of vehicle trip computers, application and the technology of vehicle trip computers besides the seven key regions of the global vehicle trip computers market.
On the basis of sales channel, the global vehicle trip computers market can be segmented as:
Original Equipment Market (OEM)
After Sales Market
On the basis of application, the global vehicle trip computers market can be segmented as:
Odometer
Maintenance reminder
Warning display
Ambient temperature display
Real time fuel consumption display
Fuel remaining display
Engine coolant temperature display
Multi information screen
On the basis of technology, the global vehicle trip computers market can be segmented as:
Today screen (for daily information)
Leg screen (information from fill to fill)
Trip screen (long term data tracking for complete trip)
Coach data screen (oil change and filter display)
Others
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Vehicle Trip Computers Market Participants
Some of the market participants identified across the value chain of global vehicle tip computers market are:
Linear Logic, LLC
Shenzhen Leagend Optoelectronics Co., Ltd.
Mitsubishi Motors Corporation
Lectronix, Inc.
Schomp Honda
Lancaster Toyota
Coretronics, Inc
REVELTRONICS
Alien Concept SRL
Japan Display Inc.
Shenzhen V-checker Technology Co.,Ltd,
Monit Rally Computers
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Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Market potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
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