Aviation-NewsWire.Com, December 06, 2018 ) Telematics solutions market for on & off-highway vehicles is projected to grow at a CAGR of 14.37% from 2017 to 2022, to reach a market size of USD 40.84 Billion by 2022 from USD 17.78 Billion in 2016. Base y"> Aviation-NewsWire.Com, December 06, 2018 ) Telematics solutions market for on & off-highway vehicles is projected to grow at a CAGR of 14.37% from 2017 to 2022, to reach a market size of USD 40.84 Billion by 2022 from USD 17.78 Billion in 2016. Base y">
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  • Telematics Solutions Market to 2022 - Growing at 14.37% “Key Insights, Company Profiles, Growth Forecast, Analysis and Future Trends”

    (Aviation-NewsWire.Com, December 06, 2018 ) Telematics solutions market for on & off-highway vehicles is projected to grow at a CAGR of 14.37% from 2017 to 2022, to reach a market size of USD 40.84 Billion by 2022 from USD 17.78 Billion in 2016. Base year considered for study is 2016 & forecast period is 2017 to 2022. Off-highway telematics solutions market is projected to be driven by increase in demand for fleet management services such as fuel management, maintenance, & location tracking among others.

    Get Free Market Updates on http://www.rnrmarketresearch.com/contacts/request-sample?rname=1174495 .

    Diagnostics services segment is estimated to grow at highest CAGR in telematics market for off-highway vehicles during forecast period. The diagnostics services allow users to proactively monitor engine condition & send a maintenance alert in advance, if required, to prevent a major breakdown. Further, predictive maintenance helps to check equipment operation & reliability to ensure smooth functioning of the equipment.

    Objectives of the Study:
    To define and segment the telematics solutions market for on-highway vehicles, in terms of volume (000 units) and value (USD million), by vehicle type, services, form factor, region, country, and aftermarket
    To segment the telematics solutions market for off-highway vehicles and forecast the market size, by value and volume, based on equipment type, services, and technology
    To segment the telematics hardware market for on & off-highway vehicles and forecast the market size, by value and volume, based on vehicle type, equipment type, and region

    Cellular technology is estimated to have largest share of telematics market for off-highway vehicles during forecast period. Nowadays, devices are compatible with 3G and 4G LTE technology for data communication. Countries like U.S., Canada, Germany, France, Japan, and South Korea have a high installed base of cellular technology owing to the excellent network infrastructure.

    Get 22% Discount Now at http://www.rnrmarketresearch.com/contacts/discount?rname=1174495 .

    North America is estimated to be largest telematics solutions market for on-highway vehicles from 2017 to 2022. North America holds largest market share due to presence of key OEMs, strategic partnerships, developed infrastructure, & high adoption rate of innovative solutions. On other hand, European market is expected to grow at highest CAGR during review period. Market is driven by upcoming eCall regulation for passenger cars.

    The study contains insights provided by various industry experts, ranging from hardware manufacturers to service providers and OEMs. The break-up of the primaries is as follows:
    By Company TypeHardware Manufacturers - 41%, Service Providers 32%, and OEMs - 27%
    By Designation - C-level - 55%, D-Level38%, and Others 7%
    By RegionAsia-Oceania - 47%, Europe - 29%, and North America - 24%

    Some of the key players in the telematics solutions market include Robert Bosch GmbH (Germany), Continental AG (Germany), LG Electronics (South Korea), Verizon (U.S.), Harman International (U.S.), and Qualcomm Technologies, Inc. (U.S.). Robert Bosch GmbH adopted new product development and expansion as the key strategies to retain its market position, while Continental AG followed strategies of partnership, expansion, and new product development to remain a prominent player in the market.

    More Information on Telematics Market for On- & Off-Highway (Services-ACN, eCall, Navigation, RVD, On-Road Assistance, Tracking, Fuel Management, Maintenance, and Diagnostics), Form Factor, Hardware, Vehicle & Equipment Type, Technology, Aftermarket & Region - Forecast to 2022 research http://www.rnrmarketresearch.com/contacts/purchase?rname=1174495 .

    The primary objective of the study is to define, describe, and forecast the on-highway vehicles telematics market by vehicle type (PC, LCV, and HCV), services (ACN, emergency calling, navigation & infotainment, on-road assistance, remote diagnostics, and vehicle tracking), connectivity type (embedded, tethered, and integrated), and aftermarket. The study also segments the off-highway telematics market by equipment (construction and agriculture tractors), services (fuel management, navigation, location/usage tracking, maintenance and repair scheduling, diagnostics, and others), and technology (cellular and satellite).

    Reasons for buying the report

    The report covers a detailed analysis of the telematics market based on on-highway & off-highway vehicles.
    The study provides qualitative and quantitative analysis of each segment, which is represented in terms of volume (thousand units) and value (USD Million).
    The top twelve companies, which have a significant impact on the market, are profiled along with their financial structure, recent developments, and product portfolio.
    The report covers the competitive landscape and competitive leadership mapping analysis, which reflects the market ranking of leading players along with the dominant strategy adopted by these stakeholders to retain their position.

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    sales@rnrmarketresearch.com

    Source: EmailWire.Com

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