Telematics is a combination of the words telecommunications and informatics. Telematics, in a broad sense, is any integrated use of telecommunications with information and communications technology. It is the technology of sending, receiving and storing information relating to remote objects – like vehicles – via telecommunication devices.
Truck telematics is a way of monitoring the location, movement, status and behavior of a vehicle within a fleet. This is achieved through a combination of a GPS receiver and an electronic GSM device that is installed in each vehicle, which then communicates with the user and web-based software.
Truck telematics is mainly composed of three parts: terminal (hardware), software (mobile Hardwired Install Telematics APP, Client PC) and cloud platform.
There are mainly two type product of truck telematics market: plug and play telematics and hardwired install telematics. Plug and play telematics accounts the largest proportion and will has faster growing rate.
Geographically, the global truck telematics market has been segmented into North America, Europe, Asia-Pacific, Middle East and Africa The North America held the largest share in the global truck telematics products market, its revenue of global market exceeds 34% in 2016. The next is Europe and Asia-Pacific.
In 2018, the global Truck Telematics market size was 400 million US$ and it is expected to reach 1580 million US$ by the end of 2025, with a CAGR of 18.8% during 2019-2025.
This report focuses on the global Truck Telematics status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Truck Telematics development in United States, Europe and China.
The key players covered in this study
Trimble
Wabco
Continental
CalAmp
Delphi
Bosch
GEOTAB
Automatic
Actsoft
Telic
Mojio
Xirgo Technologies
e6gps
Hirain Technologies
Market segment by Type, the product can be split into
Plug and Play Telematics
Hardwired Install Telematics
Market segment by Application, split into
Light Truck
Heavy Truck
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Truck Telematics status, future forecast, growth opportunity, key market and key players.
To present the Truck Telematics development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Truck Telematics are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Truck Telematics. Industry analysis & Market Report on Truck Telematics is a syndicated market report, published as Global Truck Telematics Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Truck Telematics market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.