Global Vehicle Telematics Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI01243392

Publication Date:

January 11, 2024

Pages:

157

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Retailing [2]

Consumer & Retail [3]

Description:

The global Vehicle Telematics market size was valued at US$ 59070 million in 2023. With growing demand in downstream market, the Vehicle Telematics is forecast to a readjusted size of US$ 159520 million by 2030 with a CAGR of 15.2% during review period.
The research report highlights the growth potential of the global Vehicle Telematics market. Vehicle Telematics are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Vehicle Telematics. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Vehicle Telematics market.
Vehicle Telematics is a method of monitoring and harvesting data from any moving asset, like a car, truck, heavy equipment, or ship by using GPS and onboard diagnostics to record movements and vehicle condition at points in time.
Global Vehicle Telematics key players include Aptiv PLC, LeasePlan, ALD Automotive, Visteon Corporation, Telefonica S.A, etc. Global top five manufacturers hold a share about 25%.
United States is the largest market, with a share about 35%, followed by Europe and China, both have a share about 40 percent.
In terms of product, Fleet/Asset Management is the largest segment, with a share about 40%. And in terms of application, the largest application is Passenger Vehicles, followed by Commercial Vehicles.
Key Features:
The report on Vehicle Telematics market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Vehicle Telematics market. It may include historical data, market segmentation by Type (e.g., Fleet/Asset Management, Navigation& Location Based Systems), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Vehicle Telematics market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Vehicle Telematics market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Vehicle Telematics industry. This include advancements in Vehicle Telematics technology, Vehicle Telematics new entrants, Vehicle Telematics new investment, and other innovations that are shaping the future of Vehicle Telematics.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Vehicle Telematics market. It includes factors influencing customer ' purchasing decisions, preferences for Vehicle Telematics product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Vehicle Telematics market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Vehicle Telematics market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Vehicle Telematics market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Vehicle Telematics industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Vehicle Telematics market.
Market Segmentation:
Vehicle Telematics market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Fleet/Asset Management
Navigation& Location Based Systems
Infotainment Systems
Insurance Telematics
Safety & Security
Remote Alarm & Incident Monitoring Solutions
V2X
Segmentation by application
Passenger Vehicles
Commercial Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Aptiv PLC
LeasePlan
ALD Automotive
Visteon Corporation
Telefonica S.A
Vodafone Group Plc.
Alphabet
Robert Bosch Gmbh
Valeo S.A
Trimble
ARI
AT&T
Athlon
Omnitracs
Harman International industries
Octo
Emkay
TomTom
Continental
Michelin
Arvento
Mix Telematics

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Vehicle Telematics Market Size 2019-2030
2.1.2 Vehicle Telematics Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Vehicle Telematics Segment by Type
2.2.1 Fleet/Asset Management
2.2.2 Navigation& Location Based Systems
2.2.3 Infotainment Systems
2.2.4 Insurance Telematics
2.2.5 Safety & Security
2.2.6 Remote Alarm & Incident Monitoring Solutions
2.2.7 V2X
2.3 Vehicle Telematics Market Size by Type
2.3.1 Vehicle Telematics Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Vehicle Telematics Market Size Market Share by Type (2019-2024)
2.4 Vehicle Telematics Segment by Application
2.4.1 Passenger Vehicles
2.4.2 Commercial Vehicles
2.5 Vehicle Telematics Market Size by Application
2.5.1 Vehicle Telematics Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Vehicle Telematics Market Size Market Share by Application (2019-2024)
3 Vehicle Telematics Market Size by Player
3.1 Vehicle Telematics Market Size Market Share by Players
3.1.1 Global Vehicle Telematics Revenue by Players (2019-2024)
3.1.2 Global Vehicle Telematics Revenue Market Share by Players (2019-2024)
3.2 Global Vehicle Telematics Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Vehicle Telematics by Regions
4.1 Vehicle Telematics Market Size by Regions (2019-2024)
4.2 Americas Vehicle Telematics Market Size Growth (2019-2024)
4.3 APAC Vehicle Telematics Market Size Growth (2019-2024)
4.4 Europe Vehicle Telematics Market Size Growth (2019-2024)
4.5 Middle East & Africa Vehicle Telematics Market Size Growth (2019-2024)
5 Americas
5.1 Americas Vehicle Telematics Market Size by Country (2019-2024)
5.2 Americas Vehicle Telematics Market Size by Type (2019-2024)
5.3 Americas Vehicle Telematics Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Vehicle Telematics Market Size by Region (2019-2024)
6.2 APAC Vehicle Telematics Market Size by Type (2019-2024)
6.3 APAC Vehicle Telematics Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Vehicle Telematics by Country (2019-2024)
7.2 Europe Vehicle Telematics Market Size by Type (2019-2024)
7.3 Europe Vehicle Telematics Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Vehicle Telematics by Region (2019-2024)
8.2 Middle East & Africa Vehicle Telematics Market Size by Type (2019-2024)
8.3 Middle East & Africa Vehicle Telematics Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Vehicle Telematics Market Forecast
10.1 Global Vehicle Telematics Forecast by Regions (2025-2030)
10.1.1 Global Vehicle Telematics Forecast by Regions (2025-2030)
10.1.2 Americas Vehicle Telematics Forecast
10.1.3 APAC Vehicle Telematics Forecast
10.1.4 Europe Vehicle Telematics Forecast
10.1.5 Middle East & Africa Vehicle Telematics Forecast
10.2 Americas Vehicle Telematics Forecast by Country (2025-2030)
10.2.1 United States Vehicle Telematics Market Forecast
10.2.2 Canada Vehicle Telematics Market Forecast
10.2.3 Mexico Vehicle Telematics Market Forecast
10.2.4 Brazil Vehicle Telematics Market Forecast
10.3 APAC Vehicle Telematics Forecast by Region (2025-2030)
10.3.1 China Vehicle Telematics Market Forecast
10.3.2 Japan Vehicle Telematics Market Forecast
10.3.3 Korea Vehicle Telematics Market Forecast
10.3.4 Southeast Asia Vehicle Telematics Market Forecast
10.3.5 India Vehicle Telematics Market Forecast
10.3.6 Australia Vehicle Telematics Market Forecast
10.4 Europe Vehicle Telematics Forecast by Country (2025-2030)
10.4.1 Germany Vehicle Telematics Market Forecast
10.4.2 France Vehicle Telematics Market Forecast
10.4.3 UK Vehicle Telematics Market Forecast
10.4.4 Italy Vehicle Telematics Market Forecast
10.4.5 Russia Vehicle Telematics Market Forecast
10.5 Middle East & Africa Vehicle Telematics Forecast by Region (2025-2030)
10.5.1 Egypt Vehicle Telematics Market Forecast
10.5.2 South Africa Vehicle Telematics Market Forecast
10.5.3 Israel Vehicle Telematics Market Forecast
10.5.4 Turkey Vehicle Telematics Market Forecast
10.5.5 GCC Countries Vehicle Telematics Market Forecast
10.6 Global Vehicle Telematics Forecast by Type (2025-2030)
10.7 Global Vehicle Telematics Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 Aptiv PLC
11.1.1 Aptiv PLC Company Information
11.1.2 Aptiv PLC Vehicle Telematics Product Offered
11.1.3 Aptiv PLC Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Aptiv PLC Main Business Overview
11.1.5 Aptiv PLC Latest Developments
11.2 LeasePlan
11.2.1 LeasePlan Company Information
11.2.2 LeasePlan Vehicle Telematics Product Offered
11.2.3 LeasePlan Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 LeasePlan Main Business Overview
11.2.5 LeasePlan Latest Developments
11.3 ALD Automotive
11.3.1 ALD Automotive Company Information
11.3.2 ALD Automotive Vehicle Telematics Product Offered
11.3.3 ALD Automotive Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 ALD Automotive Main Business Overview
11.3.5 ALD Automotive Latest Developments
11.4 Visteon Corporation
11.4.1 Visteon Corporation Company Information
11.4.2 Visteon Corporation Vehicle Telematics Product Offered
11.4.3 Visteon Corporation Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Visteon Corporation Main Business Overview
11.4.5 Visteon Corporation Latest Developments
11.5 Telefonica S.A
11.5.1 Telefonica S.A Company Information
11.5.2 Telefonica S.A Vehicle Telematics Product Offered
11.5.3 Telefonica S.A Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Telefonica S.A Main Business Overview
11.5.5 Telefonica S.A Latest Developments
11.6 Vodafone Group Plc.
11.6.1 Vodafone Group Plc. Company Information
11.6.2 Vodafone Group Plc. Vehicle Telematics Product Offered
11.6.3 Vodafone Group Plc. Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Vodafone Group Plc. Main Business Overview
11.6.5 Vodafone Group Plc. Latest Developments
11.7 Alphabet
11.7.1 Alphabet Company Information
11.7.2 Alphabet Vehicle Telematics Product Offered
11.7.3 Alphabet Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Alphabet Main Business Overview
11.7.5 Alphabet Latest Developments
11.8 Robert Bosch Gmbh
11.8.1 Robert Bosch Gmbh Company Information
11.8.2 Robert Bosch Gmbh Vehicle Telematics Product Offered
11.8.3 Robert Bosch Gmbh Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Robert Bosch Gmbh Main Business Overview
11.8.5 Robert Bosch Gmbh Latest Developments
11.9 Valeo S.A
11.9.1 Valeo S.A Company Information
11.9.2 Valeo S.A Vehicle Telematics Product Offered
11.9.3 Valeo S.A Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Valeo S.A Main Business Overview
11.9.5 Valeo S.A Latest Developments
11.10 Trimble
11.10.1 Trimble Company Information
11.10.2 Trimble Vehicle Telematics Product Offered
11.10.3 Trimble Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Trimble Main Business Overview
11.10.5 Trimble Latest Developments
11.11 ARI
11.11.1 ARI Company Information
11.11.2 ARI Vehicle Telematics Product Offered
11.11.3 ARI Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 ARI Main Business Overview
11.11.5 ARI Latest Developments
11.12 AT&T
11.12.1 AT&T Company Information
11.12.2 AT&T Vehicle Telematics Product Offered
11.12.3 AT&T Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 AT&T Main Business Overview
11.12.5 AT&T Latest Developments
11.13 Athlon
11.13.1 Athlon Company Information
11.13.2 Athlon Vehicle Telematics Product Offered
11.13.3 Athlon Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 Athlon Main Business Overview
11.13.5 Athlon Latest Developments
11.14 Omnitracs
11.14.1 Omnitracs Company Information
11.14.2 Omnitracs Vehicle Telematics Product Offered
11.14.3 Omnitracs Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 Omnitracs Main Business Overview
11.14.5 Omnitracs Latest Developments
11.15 Harman International industries
11.15.1 Harman International industries Company Information
11.15.2 Harman International industries Vehicle Telematics Product Offered
11.15.3 Harman International industries Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.15.4 Harman International industries Main Business Overview
11.15.5 Harman International industries Latest Developments
11.16 Octo
11.16.1 Octo Company Information
11.16.2 Octo Vehicle Telematics Product Offered
11.16.3 Octo Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.16.4 Octo Main Business Overview
11.16.5 Octo Latest Developments
11.17 Emkay
11.17.1 Emkay Company Information
11.17.2 Emkay Vehicle Telematics Product Offered
11.17.3 Emkay Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.17.4 Emkay Main Business Overview
11.17.5 Emkay Latest Developments
11.18 TomTom
11.18.1 TomTom Company Information
11.18.2 TomTom Vehicle Telematics Product Offered
11.18.3 TomTom Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.18.4 TomTom Main Business Overview
11.18.5 TomTom Latest Developments
11.19 Continental
11.19.1 Continental Company Information
11.19.2 Continental Vehicle Telematics Product Offered
11.19.3 Continental Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.19.4 Continental Main Business Overview
11.19.5 Continental Latest Developments
11.20 Michelin
11.20.1 Michelin Company Information
11.20.2 Michelin Vehicle Telematics Product Offered
11.20.3 Michelin Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.20.4 Michelin Main Business Overview
11.20.5 Michelin Latest Developments
11.21 Arvento
11.21.1 Arvento Company Information
11.21.2 Arvento Vehicle Telematics Product Offered
11.21.3 Arvento Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.21.4 Arvento Main Business Overview
11.21.5 Arvento Latest Developments
11.22 Mix Telematics
11.22.1 Mix Telematics Company Information
11.22.2 Mix Telematics Vehicle Telematics Product Offered
11.22.3 Mix Telematics Vehicle Telematics Revenue, Gross Margin and Market Share (2019-2024)
11.22.4 Mix Telematics Main Business Overview
11.22.5 Mix Telematics Latest Developments
12 Research Findings and Conclusion

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