Telematics Boxes Market Size 2022 Industry Recent Developments and Technology, Size, Trends, Growth, and Forecast Research Report 2027

The Telematics Boxes Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report. The market report additionally gives a to-the-point evaluation of the techniques and plans of action that are being executed by the players and companies to contribute to the Telematics Boxes market growth.

The Global Telematics Boxes Market Size is Projected to Reach at a CAGR of 16% during 2022-2027.

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Top Leading Companies:

Octo, BOX Telematics, Ingenie Services, Magneti Marelli, RAC, Black Telematics Box, Mobile Devices, Trakm8, Telefonica, Aplicom OY, Novero

Recent Development:

Octo Telematics has acquired 1 company of its own, including 1 in the last 5 years. The Company’s most targeted sectors include internet software and services (100%). Octo is a provider car insurance telematics services as well as pioneering applications in motor rental and fleet management, car manufacturing, government sectors and a fast growing range of specialist applications.

Trakm8 Holding has acquired 4 companies. Trakm8 Holding’s largest acquisition to date was in 2015, when it acquired Route Monkey for $14M. The Company’s most targeted sectors include technology hardware (75%) and software (25%). Trakm8 Holding is a provider of telematics solutions to a variety of customers that operate within three discrete business sectors to cater for all telematics requirements. Trakm8 was founded in 2002 and is based in Birmingham, the United Kingdom.

Telematics Boxes Market Segmentation by Type:

Plastic Telematics Boxes
Metal Telematics Boxes
Other

Telematics Boxes Market Segmentation by Application:

Passenger Vehicle
Commercial Vehicle

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Asia-Pacific is Expected to Witness Significant Growth

With the emergence of electric vehicle and autonomous vehicles technology, the automotive industry is witnessing a massive transformation including the development of new areas such as Advanced Driver Assistance System (ADAS), Mobility-as-a-Service providers (MaaS) and CASE, the entry of new industries utilizing IoT technology, and the emergence of new services such as ride-sharing and car-sharing. All these applications require fast data transmission, analysis, and implementation. All these factors are mainly driving the growth in the Asia Pacific telematics market.
The regional government is also playing a significant role in the studied market growth. For instance, in January 2019, the Indian government released a new AIS 140 Motor Vehicles Order that mandates all new public transport vehicles in the country (excluding taxis and rickshaws) to be fitted with location tracking devices and emergency panic buttons. In April 2020, the Chinese Ministry of Ecology and Environment (MEE) has published a draft regulation on heavy-duty vehicle telematics (remote OBD, OBD III) telematics is required for all HD vehicles.

Regional Telematics Boxes Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Telematics Boxes Market Report:

Detailed overview of Telematics Boxes Market
Changing the Telematics Boxes market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Telematics Boxes market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Telematics Boxes Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Telematics Boxes Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Telematics Boxes industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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