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Off-Highway Vehicle Telematics Market Poised for Robust Growth, Projected to Hit $2.66 Billion by 2029

12-05-2025 01:45 PM CET | Logistics & Transport

Press release from: The Business Research Company

Off Highway Vehicle Telematics Market

Off Highway Vehicle Telematics Market

How Much Will the Off-Highway Vehicle Telematics Market Size Increase by 2025?
The market for off-highway vehicle telematics has experienced robust expansion recently, projected to increase from a value of $1.71 billion in 2024 to $1.87 billion the following year, achieving a compound annual growth rate of 9.6%; this historical upward trend is fueled by several factors, including the wider implementation of telematics technology in construction machinery, escalating needs for better fleet management, greater emphasis placed on ensuring equipment safety protocols, the proliferation of remote monitoring capabilities, and the constant push to enhance operational effectiveness.

How Will the Off-Highway Vehicle Telematics Market Size Change and Expand by 2029?
Projections indicate that the off-highway vehicle telematics sector anticipates substantial expansion over the coming years, reaching a valuation of $2.67 billion by 2029, propelled by a compound annual growth rate (CAGR) of 9.2%; this upward trajectory is fundamentally driven by several factors, including the wider integration of the Internet of Things (IoT), governmental encouragement for intelligent construction technologies, the escalating requirement for immediate data insights, the proliferation of telematics facilitated by cloud platforms, and a persistent imperative to enhance fuel economy alongside tighter emission regulation.Concurrently, several significant currents are shaping this market during the forecast horizon, notably involvements in sophisticated predictive maintenance computations, progress in direct vehicle-to-cloud communication links, ongoing investigation into self-directing heavy machinery, capital infusion into telematics solutions utilizing edge computing architectures, and enhancements to artificial intelligence-driven methods for optimizing fleet operations.

Access the full Off-Highway Vehicle Telematics Market report here:
https://www.thebusinessresearchcompany.com/report/off-highway-vehicle-telematics-global-market-report

What Are the Key Factors Driving Growth in the Off-Highway Vehicle Telematics Market?
Anticipated expansion in the need for machinery designed for non-road applications is foreseen to fuel the upswing of the off-highway vehicle telematics industry in the forthcoming period.These specialized machines, known as Off-Highway Vehicles (OHVs), are engineered specifically for traversing rugged, undeveloped, or off-road environments instead of standard roadways, and their consumption is climbing due to expanding operations in construction and extraction, necessitating durable equipment capable of functioning effectively across difficult landscapes.The integration of Off-Highway Vehicle Telematics stimulates increased utilization of these vehicles by facilitating continuous tracking, forecasting necessary repairs, and boosting how efficiently operations run, which leads to superior management of vehicle fleets, less non-operational time, and greater output, thus encouraging broader implementation across agriculture, construction, and mining fields.To illustrate this trend, data released in May 2025 by the Consumer Federation of America, a US-based nonprofit entity, indicated that fatalities connected to off-highway vehicles within the United States climbed from 498 registered in 2023 to 632 by the beginning of 2024, signifying an escalation in off-road vehicle engagement and operational volume, consequently establishing the heightened requirement for OHVs as the primary impetus behind the market expansion for their associated telematics solutions.

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https://www.thebusinessresearchcompany.com/sample.aspx?id=29912&type=smp

What Are the Major Trends Influencing Off-Highway Vehicle Telematics Market Growth?
Key players within the sector for off-highway vehicle telematics are prioritizing the creation of sophisticated connection methods, namely access to cloud-based infrastructures, aiming to elevate operational effectiveness, improve choices founded on empirical evidence, and simplify the administration of agricultural operations. This cloud platform accessibility signifies embedded frameworks enabling farm implements to transmit live performance metrics to associated farm management applications, facilitating unified oversight and detailed examination. To illustrate this, in the eleventh month of 2023, Continental AG, a technology and automotive producer headquartered in Germany, introduced a modular telematics system explicitly engineered for fitting agricultural equipment. Drawing upon Continental's established proficiency in vehicular and truck connectivity, this innovation tailors that technology for use in farm machinery. This offering grants unhindered, direct connectivity to the cloud environment, permitting agriculturalists to scrutinize and process machine statistics covering aspects like hydrocarbon usage, operational zones, and consumable throughput. Such a linkage facilitates the autonomous flow of job-related records, including necessary paperwork, thereby aiding regulatory adherence and refining the deployment of assets without requiring manual input.

What Are the Core Segment Divisions in the Off-Highway Vehicle Telematics Market?
The off-highway vehicle telematics market covered in this report is segmented -

1) By Component: Hardware, Software, Services
2) By Technology: Cellular, Satellite
3) By Application: Fleet Management, Vehicle Tracking, Fuel Management, Safety And Security, Other Applications
4) By End Use: Construction, Agriculture, Mining, Other End Uses

Subsegments:
1) By Hardware: Global Positioning System Devices, Sensors, Control Units, Displays, Communication Modules
2) By Software: Fleet Management Software, Navigation And Mapping Software, Data Analytics And Reporting Software, Remote Diagnostics Software, Predictive Maintenance Software
3) By Services: Installation Services, Maintenance And Support Services, Consulting Services, Cloud And Data Management Services, Training And Integration Services

Who Are the Key Global Players Influencing the Direction of the Off-Highway Vehicle Telematics Market?
Major companies operating in the off-highway vehicle telematics market are Caterpillar Inc.; Deere & Company; Bridgestone Europe NV; Komatsu Ltd.; CNH Industrial NV; Kubota Corporation; Liebherr-International AG.; AGCO Corporation; Volvo Construction Equipment AB; Hitachi Construction Machinery Co. Ltd.; Hexagon AB; ere*x Corporation; Trimble Inc.; Wacker Neuson S.E.; Actia Group SA; Geotab Inc.; Tenna LLC; Redtail Telematics Corporation; Teletrac Navman Group; Hydro Electronic Devices Inc.; TTControl GmbH; Digital Matter Pty. Ltd.; DPL Telematics LLC

Which Regions Are Forecasted to Lead the Off-Highway Vehicle Telematics Market in the Coming Years?
North America was the largest region in the off-highway vehicle telematics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the off-highway vehicle telematics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase your detailed Off-Highway Vehicle Telematics Market report now:
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3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

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With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

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