openPR Logo
Press release

Off-highway Vehicle (OHV) Telematics Market to Reach US$ 311.1 Mn by 2026

07-28-2016 08:49 AM CET | IT, New Media & Software

Press release from: Future Market Insights

Off-highway Vehicle (OHV) Telematics Market to Reach US$ 311.1

Future Market Insights (FMI) delivers key insights on the off-highway vehicle (OHV) telematics market in its latest report titled, “Off-highway Vehicle (OHV) Telematics Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”. The global off-highway vehicle (OHV) telematics market is projected to register a healthy CAGR of 8.9% in terms of value during the forecast period (2016–2026). This growth is attributed to various factors, regarding which FMI offers detailed insights in its report.

Growth of the global off-highway vehicle (OHV) telematics market is mainly driven by increasing adoption of telematics technologies across all applications such as construction, agriculture & mining equipment. Other trends driving growth include reduction in the cost of telematics services, government policies to increase safety & security of off-highway vehicles and increasing global demand for off-highway vehicles. Reluctance to change business practices and lack of standardisation of telematics system are certain factors restraining growth of the off-highway vehicle (OHV) telematics market.

Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-1430

On the basis of end-use application, the global off-highway vehicle (OHV) telematics market has been segmented into construction, agriculture and mining. Construction segment has been estimated to account for 62.4% value share of the market in 2015. Adoption of telematics in construction segment is higher due to increasing demand for telematics technology from construction equipment rental companies.

By technology, the global off-highway vehicle (OHV) telematics market has been segmented into cellular and satellite. Cellular segment is expected to register a CAGR of 9.0% over the forecast period. Cellular technology is the most preferred technology for telematics service providers as cellular network is available in most places.

On the basis of sales channel, the global off-highway vehicle (OHV) telematics market is segmented into OEM and aftermarket. OEM segment is expected to register a CAGR of 9.4% in terms of value over 2016–2026.

Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-1430

North America’s Dominance of Global Off-Highway Market to Continue

North America has been estimated to dominate the global off-highway vehicle (OHV) telematics market, with over 66.8% market share in 2015 and is anticipated to remain dominant by 2026 end, followed by Western Europe, Asia Pacific Excluding Japan (APEJ), and Japan. Among all the regions, Latin America market is anticipated to register the highest CAGR over 2016–2026, followed by Japan. This is mainly attributed to increasing demand from construction, agriculture, and mining sectors in Latin America and Japan.

Key players in the global off-highway vehicle (OHV) telematics market include TomTom International, Harman International, ORBCOMM Inc., Topcon Corporation, MiX Telematics, Navman Wireless, Omnitracs LLC, Wacker Neuson, Trackunit A/S and Zonar Systems Inc. These key players are collaborating with other companies in the supply chain or acquiring them to enhance their product offerings in the market. For example, in January 2016, Harman International acquired TowerSec, a cyber-security provider, to integrate cyber security architecture into its infotainment systems.

Browse the full "Off-highway Vehicle (OHV) Telematics Market: Global Industry Analysis and Opportunity Assessment, 2016-2026" market research report at http://www.futuremarketinsights.com/reports/ohv-telematics-market

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

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 Off-highway Vehicle (OHV) Telematics Market to Reach US$ 311.1 Mn by 2026 here

News-ID: 352438 • Views:

More Releases from Future Market Insights

HVDC Converter Market to Hit USD 96.4 Billion by 2035 Amid Renewable Push and Next-Gen Grid Tech Innovations
HVDC Converter Market to Hit USD 96.4 Billion by 2035 Amid Renewable Push and Ne …
The global High Voltage Direct Current (HVDC) Converter Market is on the brink of historic expansion, set to climb from USD 4.5 billion in 2025 to USD 96.4 billion by 2035, at an impressive CAGR of 35.9%. This trajectory positions HVDC technology as a cornerstone of the global energy transition, enabling efficient long-distance transmission, renewable integration, and cross-border grid interconnections. The market's growth comes after an early adoption phase (2020-2024), during
Pre-Shave Care Market to Surpass USD 15.5 Billion by 2035, Fueled by Grooming Trends and Natural Ingredient Demand
Pre-Shave Care Market to Surpass USD 15.5 Billion by 2035, Fueled by Grooming Tr …
The global Pre-Shave Care Market is poised for steady expansion, projected to grow from USD 9.2 billion in 2025 to USD 15.5 billion by 2035, registering a compound annual growth rate (CAGR) of 5.3% during the forecast period. Growing emphasis on grooming, rising demand for natural and chemical-free formulations, and the rapid evolution of retail channels are reshaping the competitive landscape for both established and emerging players. Grooming Culture Driving Market
Crossfit Apparel Market Growth Outlook 2025-2035: New Tech, New Entrants, and Expanding Global Demand
Crossfit Apparel Market Growth Outlook 2025-2035: New Tech, New Entrants, and Ex …
The Crossfit Apparel Market is set to take steady strides, growing from USD 121.0 million in 2025 to USD 151.9 million by 2035, registering a CAGR of 2.3%. While the growth rate may appear modest, the industry is evolving rapidly, driven by a mix of global fitness trends, growing sports tournaments, and a fresh wave of innovation from established giants and emerging manufacturers alike. With fitness increasingly becoming a lifestyle choice
3D Neuroscience Market to Hit USD 53.2 Billion by 2035, Driven by Imaging, AI, and Emerging Innovators
3D Neuroscience Market to Hit USD 53.2 Billion by 2035, Driven by Imaging, AI, a …
The global 3D Neuroscience Market is entering a transformative decade, with advanced brain imaging, artificial intelligence (AI)-driven platforms, and next-generation neuro-technologies paving the way for better diagnostics, research, and treatment. According to industry forecasts, the market is expected to grow from USD 36.6 billion in 2025 to USD 53.2 billion by 2035, registering a steady 3.8% CAGR over the forecast period. This growth reflects a critical shift toward early diagnosis, personalized

All 5 Releases


More Releases for OHV

OHV Telematics Market Is Going To Boom |Geotab,Caterpillar, XCMG
HTF MI just released the Global OHV Telematics 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 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach. Major companies profiled in OHV Telematics Market are: Trimble Inc., Teletrac
DTPC OHV G25 DESERT TORTOISE EXCLUSION FENCING APPLICATION
OPPORTUNITY FOR PUBLIC COMMENT RIDGECREST, CA: FOR IMMEDIATE RELEASE. FEBRUARY 24, 2025, 3:00 p.m.: The Desert Tortoise Preserve Committee, Inc. (DTPC) is seeking public comment on its proposal for grant funding submitted to the California State Parks, Off-Highway Motor Vehicle Registration Division. The public review and comment period is open MARCH 4, 2025 to 5:00 p.m. PDT on MAY 5, 2025. This period provides an opportunity for the
Off-Highway Vehicle (OHV) Telematics Market Research Report | IMIR
IMIR Market Research, a leading global market research firm, is pleased to announce its new report on Off-Highway Vehicle (OHV) Telematics Market, forecast for 2022-2028, covering all aspects of the market and providing up-to-date data on current trends. Global Off-Highway Vehicle (OHV) Telematics Market size was valued at USD 111.23 Million in 2021 and is projected to reach USD 269.68 Million by 2028, growing at a CAGR of 12.54% from 2021
OHV Telematics Market to Reach US$ 311.1 Mn by 2026
Future Market Insights (FMI) delivers key insights on the off-highway vehicle (OHV) telematics market in its latest report titled, “Off-highway Vehicle (OHV) Telematics Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”. The global off-highway vehicle (OHV) telematics market is projected to register a healthy CAGR of 8.9% in terms of value during the forecast period (2016–2026). This growth is attributed to various factors, regarding which FMI offers detailed insights in
Asia-Pacific OHV Telematics Market Report 2017
In this report, the Asia-Pacific OHV Telematics market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split Asia-Pacific into several key Regions, with sales (volume), revenue (value), market share and growth rate of OHV Telematics for these regions, from 2012 to 2022 (forecast), including China Japan South Korea Taiwan India Southeast
Global OHV Telematics Market: Top Players - TomTom International, ORBCOMM
Latest industry research report on: Global OHV Telematics Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts This report studies the global OHV Telematics market, analyzes and researches the OHV Telematics development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like TomTom International Harman International ORBCOMM Topcon Corporation MiX Telematics Navman Wireless Omnitracs LLC Wacker Neuson Trackunit A/S Zonar Systems Request For