Press release
Construction Equipment Telematics Market to See Huge Growth by 2030: ORBCOMM, Sharemac, Rosenberger Telematics
Construction Equipment Telematics Market
Access sample report @ https://www.htfmarketreport.com/sample-report/4151200-global-construction-equipment-telematics-market-19
Summary
What is Construction Equipment Telematics Market?
Construction equipment telematics is widely used for tracking and monitoring vehicles and assets used in the construction and mining industry. Unscheduled downtimes or failures of equipment are a huge concern for construction companies. More and more companies are installing telematics systems to the used equipment especially in the mixed fleets like dozers, excavators, backhoes, etc. to monitor and get the condition of equipment will create significant opportunities for the market. Further, the solution providers are integrating advanced technologies such as AI and ML into construction telematics and launching mobile apps. Telematics systems are mostly installed on smaller fleets or tools to keep track as it has prone to theft will accelerate the market.
Attributes Details
Study Period 2017-2027
Base Year 2021
Unit Value (USD Million)
Key Companies Profiled ORBCOMM (United States), Sharemac (Germany), Rosenberger Telematics (Germany), Trimble (United States), Teletrac Navman (United States), LoJack Corporation (United States), DPL Telematics (United States), TelliQ AB (Sweden), Verizon (United States), Geotab (Canada), Omnitracs (United States), Topcon Positioning Systems, Inc. (United States), Bosch Rexroth AG (Germany) and Bridgestone (Japan)
The market study is being classified by Type (Unpowered Equipment Telematics, Powered Equipment Telematics and Heavy Equipment Telematics), by Application (Location Tracking/Monitoring, Driver/Operator Performance, Idling, Asset Allocation, Fuel Usage Tracking and Others) and major geographies with country level break-up. According to HTF MI, the Global Construction Equipment Telematics market is expected to see steady growth rate.
ORBCOMM (United States), Sharemac (Germany), Rosenberger Telematics (Germany), Trimble (United States), Teletrac Navman (United States), LoJack Corporation (United States), DPL Telematics (United States), TelliQ AB (Sweden), Verizon (United States), Geotab (Canada), Omnitracs (United States), Topcon Positioning Systems, Inc. (United States), Bosch Rexroth AG (Germany) and Bridgestone (Japan) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at HTF MI predicts that United States Players will contribute to the maximum growth of Global Construction Equipment Telematics market throughout the forecasted period.
Segment Analysis
Analyst at HTF MI have segmented the market study of Global Construction Equipment Telematics market by Type, Application and Region.
On the basis of geography, the market of Construction Equipment Telematics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Get Customization in the Report, Enquire Now @ https://www.htfmarketreport.com/enquiry-before-buy/4151200-global-construction-equipment-telematics-market-19
Market Drivers
Growing Popularity of Heavy Equipment Telematics in the Construction Industry for Monitoring and Improve Operations
Robust Growth of Construction Industry Around the World Due to Increasing Industrialization and Urbanization
Market Trend
Evolution of 5G Network Technology and Emerging Trend of GPS Technology Among the End-Users for Telematics System
Increased Focus on the Implementation of Technological Advancements like Artificial Intelligence for On-Road Construction Fleets
Restraints
High Cost and Data Inaccuracy Issues Due to Mismanagement of Telematics Technology
Opportunities
High Growth of Heavy Equipment Telematics in North American Countries Especially in the United States
Challenges
Presence of a Large Number of Players in the Global Market Can Create Challenges
Market Leaders and some development strategies
In 2020, Omnitracs announced the acquisition of SmartDrive which offers video-based safety and transportation intelligence. By combining SmartDrive's technology, Omnitracs will be able to deliver a converged solution built on advanced technologies - AI and ML that redefines the future of commercial transportation.
In September 2021, ZTR and Trackunit combined their resources to accelerate innovation and digital transformation to meet the growing demand for telematics systems in the construction industry. By combining with Trackunit, ZTR will be able to operate on a global scale to provide its offering to OEMs, rental companies, and contractors.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Construction Equipment Telematics Solution Providers, Venture Capitalists and Private Equity Firms, End-Users and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Construction Equipment Telematics Market?
"Growing Popularity of Heavy Equipment Telematics in the Construction Industry for Monitoring and Improve Operations " is seen as one of major growth factors of Construction Equipment Telematics Market in years to come.
2. Can we have customized study for Construction Equipment Telematics Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Construction Equipment Telematics Market?
United States will lead Construction Equipment Telematics Market in coming years.
View Detailed Table of Content @ https://www.htfmarketreport.com/reports/4151200-global-construction-equipment-telematics-market-19
Strategic Points Covered in Table of Content of Global Construction Equipment Telematics Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027 Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Construction Equipment Telematics Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027market. (Introduction, Scope of the Report)Chapter 2: Exclusive Summary - the basic information of the Global Construction Equipment Telematics Market Insights by Application, Product Type, Competitive Lan
....Continued
Purchase Single User License of this report at USD3500@ https://www.htfmarketreport.com/buy-now?format=1&report=4151200
It's vital you keep your market knowledge up to date. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization accordingly.
Contact Us :
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketreport.com
Connect with us at LinkedIn | Facebook | Twitter
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Construction Equipment Telematics Market to See Huge Growth by 2030: ORBCOMM, Sharemac, Rosenberger Telematics here
News-ID: 2867384 • Views: …
More Releases from HTF Market Intelligence Consulting Private Limited
Jasmine Fragrance Market Hits New High | Major Giants Firmenich,Symrise,Huabao
HTF MI just released the Global Jasmine Fragrance Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Manufacturers are covered: Firmenich (Switzerland), Givaudan (Switzerland), Symrise (Germany), Takasago…
IC Temperature Sensors Market May See Big Move | Renesas,Infineon,Microchip
HTF MI just released the Global IC Temperature Sensors Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Manufacturers are covered: Texas Instruments (United States), Analog Devices…
Optical Satellite Communication Market is Going to Boom | Major Giants Mynaric,H …
HTF MI just released the Global Optical Satellite Communication Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Manufacturers are covered: Mynaric (Germany), Tesat-Spacecom (Germany), Thales Alenia…
Business Management Liability Insurance Market Hits New High | Major Giants Zuri …
HTF MI just released the Global Business Management Liability Insurance Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Manufacturers are covered: Chubb (Switzerland), AIG (United States),…
More Releases for Telematics
Construction Equipment Telematics Market Is Booming Worldwide | Rosenberger Tele …
The latest study released on the Global Construction Equipment Telematics Market by AMA Research evaluates market size, trend, and forecast to 2030. The Construction Equipment Telematics market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Download…
Telematics Market SWOT Analysis, Business Growth Opportunities by 2032 | MiX Tel …
The latest Global Telematics Market research report 2022 provides detailed information about the market overview, prevalent trends, demand, and recent developments impacting the market growth during the upcoming years. The Telematics market report also covers the market size, share, potential growth, and market strategy followed by prominent players. This report also includes profiles for major companies within the market. The report focuses on the Telematics Market size, segment share (product…
Drone Telematics Market 2021 Strategic Assessments - Octo Telematics, Verizon Te …
The Global Drone Telematics Market Size, Status and Forecast 2021
The Global Drone Telematics Market Research Report 2021-2026 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…
Coronavirus Impact Assessment on Insurance Telematics Market 2020-25 Business In …
Telematics car insurance is when your insurance provider monitors your driving habits and adjusts your car insurance premiums based on how you drive. Provider will be able to track things like your driving speed, how you brake and how you handle corners.
The research report on 'Insurance Telematics market' is now available with Market Growth Insight with detailed study on crucial factors, such as drivers, hampering factors, strengths, weakness, trends,…
What's driving the Drone Telematics Market trends? Octo Telematics, Verizon Tele …
Market Research Intellect has recently published a report on the Global Drone Telematics Market, which presents a detailed market analysis and gives accurate market forecasts for the coming years. The study serves as an exhaustive database for any individual or company interested in the Drone Telematics sector, offering essential information about the industry to help readers make strategic investments. The study includes vital information about the market, which is pictorially…
Global Telematics Software Market 2019, Global Telematics Software Market Price, …
Global Telematics Software Market Growth (Status and Outlook) 2019-2024 gives detailed insight, industry knowledge, analytics, and market forecasts for 2019 to 2024 time period. The report provides market-driven results derived from feasibility studies for client needs. The report verifies qualified and verifiable aspects of Telematics Software market data operating in the real-time scenario. The research study aims to assist industry leaders to make confident capital investment decisions, develop strategic plans,…
