[ad_1]
Recent research and the current scenario as well as the future market potential of the "automotive telematics market – Analysis of the global industry, market size, share, growth, trends and forecasts 2017 – 2025" globally
by SBWire
Albany, NY – (SBWIRE) – 07/13/2018 – Recent innovations in automotive telematics have greatly inflated their demand. Considering this, the technological applications of telematics solutions in vehicles have completely changed over the years.
Transparency Market Research (TMR) predicts that the global automotive telematics market will reach US $ 75.79 billion by the end of 2025, from US $ 10.15 billion due to these factors, The global automotive telematics market is expected to post an impressive CAGR of 22.1% between 2017 and 2025. Over the last five years, the market has experienced strong growth in response to the expansion of the industry automobile. The market is expected to grow in popularity with the growing demand for high performance passenger vehicles worldwide.
Request for Copy of this Report: https://www.marketresearchreports.biz/sample/sample/223646
Global The Automotive Telematics Market: Overview
This Market Study Analyzes the Market Automotive telematics globally and provides revenue estimates (US $ Bn) from 2016 to 2025. It describes market dynamics and analyzes their impact over the forecast period. In addition, it highlights the significant opportunities for market growth over the next eight years. The market is segmented on the basis of geography in Europe, North America, Asia-Pacific, Middle East and Africa (MEA) and Latin America. These figures have been estimated in terms of revenues (US $ Bn). In addition, the report has been segmented according to the application, which includes vehicle tracking, fleet management, satellite navigation, vehicle safety communication and more. By type of vehicle, the market is classified as passenger cars, light commercial vehicles and heavy commercial vehicles. For a better understanding of the automotive telematics market, the study includes a market attractiveness analysis, where vehicle types are evaluated according to their market, their growth rate and their attractiveness for the market. Competitive rivalry is expected to be strong among the major players to gain a larger share of the market in the coming years.
Global Automotive Telematics Market: Trends and Opportunities
Telematics in vehicles involves receiving, sending and storing information from telecommunication devices ensuring effective control of distant objects. In addition, vehicular telematics is the combination of telecommunication and computer applications in vehicles. Telematics is a versatile field that includes vehicular technologies, telecommunications, road safety and transportation, instrumentation, wireless communications, sensors, Internet and multimedia services in automobiles. In telematics, the system Global Navigation Satellite (GNSS) Navigation Systems offers integrated services with the help of computers and mobile communications.
Browse full report TOC: https://www.marketresearchreports.biz/reports/223646/automotive-telematics-global-industry-market-research-reports/ toc
Growing Demand for Advanced Telematics Components in the World Automobile is currently at the origin of the automotive telematics market. Navigation technology, telematics, audio-video solutions, Wi-Fi, Bluetooth, safety and security, and intelligent driving solutions are just some of the leading telematics solutions that consumers demand. In addition, vehicle tracking, trailer and container tracking, wireless security communications, satellite navigation, mobile data, the emergency alert system and automotive safety are all main applications of telematics.
The global automotive telematics market: key segments
The global automotive telematics market is fragmented with few medium and large companies. The entry into this market is not limited because there is no business monopoly and the market has a huge scope and opportunity. However, setting up manufacturing units for automotive telematics requires huge capital and resources, which is not feasible for most small and medium businesses. The increase in private equity investments and mergers and acquisitions of companies in the automotive sector has had a great influence on the automotive telematics market. Significant growth in the automotive sector coupled with economic reforms in the main developing countries has helped support the growth of this market. The Asia-Pacific, the Middle East and Africa and Latin America are key markets for the future and should offer tremendous opportunities to global manufacturers of automotive telematics due to the growth of the automotive sector and the growing demand for infotainment
Explore other related reports: https://www.marketresearchreports.biz/category/218
Global market of the automotive telematics: competitive landscape
The report also provides an analysis of the company's market share of the various players in the industry. The acquisition is the main strategy followed by the main players in the market. In case of acquisition, the acquirer benefits from the existing synergies. As a result, both companies should come out more profitable and stronger than before. The main players in the global automotive telematics market were presented and their insights into the company, financial overview, business strategies and recent developments were covered in the report. The principal market participants presented in this report are: Trimble, Inc., Masternaut Limited, TomTom International BV, Telogis, Visteon Corporation, Continental AG, Airbiquity, Inc. and Agero, Inc.
The Global Automotive Telematics Market is segmented as follows:
World Automotive Telematics Market: According to Application
Vehicle Tracking
Fleet Management
Satellite Navigation
Vehicle Safety Communication
Other
World Car Telematics Market: By Type of Vehicle
Light Duty Utility Vehicles
Light Utility Vehicles
Heavy Duty Utility Vehicles
World Car Telematics Market: By Geography
North
United States
Canada
Mexico
Europe
Germany
France
United Kingdom
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Middle East and Africa (MEA)
Iran
South Africa
Rest of the Middle East and Africa
Latin America
Brazil
Argentina
Remainder of the … Latin America
The report provides a cross-sectional analysis by application segment and vehicle type segment relative to the regions mentioned above
About MarketResearchReports.biz
MarketResearchReports.biz is a syndicated market studies salesman, presenting an extensive collection of leading international publisher research reports. Our repository is diversified, encompassing virtually all industry sectors and even more all categories and subcategories of the industry. We also provide consulting services to enable our clients to have a dynamic business perspective.
Contact Us
State Tower
90 State Street, Suite 700
Albany, NY 12207
United States
Toll Free: 866-997-4948
(United States of America United-Canada)
Tel: + 1-518-621-2074
E: [email protected]
For more information on this press release, visit: http: // www .sbwire.com / press-releases / technology-innovation-on-automotive-telematics-market-set-to-hit-at-221-cagr-between-2017-and-2025-1011166.htm [19659027] ( function () {
window.fbAsyncInit = function () {
djp.console (after FB source loaded, + typeof (FB));
djp.init_fb ();
}
// Load the SDK asynchronously
(function (d) {
var js, id = "facebook-jssdk", ref = d.getElementsByTagName ("script") [0];
if (d.getElementById (id)) {return;}
js = d.createElement (& # 39; script & # 39;); js.id = id; js.async = true;
js.src = "http://connect.facebook.net/en_US/all.js";
ref.parentNode.insertBefore (js, ref);
})(document);
}) ();
[ad_2]
Source link
