Commercial Vehicle Telematics: Market Research Report

January 2019 | 278 pages | ID: C27ED6EF8E2EN
Global Industry Analysts, Inc

Abstracts

This report analyzes the worldwide markets for Commercial Vehicle Telematics in US$ Million. The Global market is analyzed by the following Segments: By Type - Aftermarket Telematics, and OEM Telematics; and by End-Use Sector: Insurance, Transport & Logistics, and Others. The U.S. and European markets are analysed by the following Segments: Telematics Services, and Telematics Solutions.

The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2015 through 2022. Market data and analytics are derived from primary and secondary research.

Company profiles are primarily based on public domain information including company URLs. The report profiles 75 companies including many key and niche players such as -

• Airbiquity, Inc.
• AirIQ, Inc.
• Agero Inc.
• BOX Telematics Ltd.
• BSM Technologies, Inc.
• CalAmp

Contents

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations
Disclaimers
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definitions and Scope of Study

II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW

Telematics Shapes the Future of Automobiles in the 21st Century by Ushering in a New Era of Intelligence
Commercial Vehicle Telematics: Market Overview
Market Outlook
A Peek Into Key Trends Providing the Stepping Stone for Growth of Telematics in the CV Market
Growing Production of CVs…

Table 1. Healthy Growth in CV Production Expands the Addressable Market Opportunity for Transport Telematics: World Production of CVs (In 000 Units) by Geographic Region/ Country for the Years 2017 & 2020 (includes corresponding Graph/Chart)

Automobile Electronification…

Table 2. Explosion of Auto Electronics Provides the Launchpad for the Deployment of Telematics in the CV Sector: Automotive Electronics as a Percentage of Vehicle Production Cost for the Years 2010, 2020 & 2030 (includes corresponding Graph/Chart)

Growing ITS Investments…

Table 3. Growing Investments in Intelligent Transportation Systems (ITS) to Catalyze the Deployment of Telematics in the CV Sector for Intelligent Traffic Control: Breakdown of the Global ITS Market (in US$ Million) by Geographic Region for the Years 2017 and 2022 (includes corresponding Graph/Chart)

The Rise of Connected Vehicles…

Table 4. Connected Vehicle Telematics to Benefit from the Projected Jump in Connected Cars: Global Percentage Share Breakdown of Connected Cars and Non-Connected Cars for the Years 2015, 2018 & 2020 (includes corresponding Graph/Chart)

Mandatory Telematics Regulations in the CV Industry…
Developments in Connectivity Technologies like Cellular Networks, Wi-Fi, Bluetooth & Satellite Commutations…
Other Major Market Trends & Drivers
Cost Pressures in the Logistics Industry Spurs Market Opportunities for CV Telematics in Fleet Management

Table 5. Greater Focus on Urban Freight Mobility to Benefit Demand for Telematics Against the Backdrop of Rising Spending in Logistics: World Spending on Logistics (in US$ Trillion) for the Years 2015 & 2022 (includes corresponding Graph/Chart)

Innovation in Telematics Services to Boost Revenue Potential of the Market
One-stop Telematics Solutions of the Future
Unique Platforms for Different Fleet Sizes
A Glance at Other Major Technology Trends
Growing Investments in Public Transportation to Benefit Growth of CV Telematics

Table 6. Strong Economic Case for Public Transport Fuels Investments in Road Infrastructure & Spurs Opportunities for Telematics in Real-Time Public Transport Information Management: Projected Global Spending on Infrastructure (In US$ Trillion) by Category for the Year 2030 (includes corresponding Graph/Chart)

Aftermarket Telematics Emerges Over the Horizon to Compete With OEM Embedded Telematics

Table 7. Strong Growth Projected for Plug-in Telematics for Aftermarket Service as Measured by the Number of OBD-II Aftermarket Service Subscribers (In Million) Worldwide (includes corresponding Graph/Chart)

Big Data on Wheels: Automotive Telematics to Derive New Value From Emerging Big Data Technologies
Telematics: The New Fuel Source for Big Data

Table 8. Rising Automobile Density & Parallel Increase in Vehicle Generated Data Brings Focus on Big Data for Value Enhancement of Vehicle Telematics: Breakdown of Motor Vehicles Per 1000 People in Select Countries for the Year 2015 (includes corresponding Graph/Chart)

Need to Reduce Vehicle Insurance Costs & Risks Drives Interest in Telematics Usage-Based Insurance
UBI Pricing Scheme
Advantages & Challenges

Table 9. Unique Value Proposition of UBI Products for the Insurer and Insured Fuels Adoption of Telematics in Auto Insurance: Breakdown of Number of Telematics Insurance Policies in North America and Europe for the Years 2015, 2018 & 2020 (includes corresponding Graph/Chart)

Effect of Telematics on the Insurance Industry
Developments in Mobile Telemedicine, Emergency Care & First Responder Networks Drive Demand for Telematics

Table 10. Growing Focus on Rapid Ambulance Response Drives Interest in Transport Telematics as the Foundation for Successful Provision of Emergency Services: Breakdown of Global Revenues from Ambulance Services (In US$ Million) by Geographic Region for the Years 2016 & 2020 (includes corresponding Graph/Chart)

Spurt in Infrastructure Development in Emerging Markets Drives Demand for Off-Highway Vehicle Telematics

Table 11. With Over 44% Projected Share of the World Construction Spending, Asia Ranks as an Important Market for Construction Vehicle Telematics: Percentage Breakdown of Construction Spending by Region (2015 & 2020P) (includes corresponding Graph/Chart)

Strong Growth in Car Sharing, Car Rental & Carpooling Services Expands the Business Case for Transport Telematics

Table 12. Robust Growth in Car Rental Services Feeds Opportunities for Telematics for Automated & Optimized Two-Way Data Communication, GPS Tracking & Virtual Odometer Monitoring: Global Revenue Breakdown of Car Rental Business (In US$ Million) by Segment for the Years 2016 & 2020 (includes corresponding Graph/Chart)

Developing Regions to Drive Future Market Growth
Challenges to Growth: A Review
Concerns Over Driver Distraction
Hacking Emerges Into a Potent Threat to Privacy & Data Security

2. PRODUCT AND SEGMENT OVERVIEW

Products and Service Array
Satellite Radio
Telematics Communications Unit (TCU)
Automatic Vehicle Location (AVL)
Automatic Vehicle Identification (AVI)
Stolen Vehicle Tracking and Shutdown
In-cab Computing and Communication Systems
Electronic Reporting
Driver Performance Monitoring Systems
Remote Diagnostics
Market Segments
CV Telematics Hardware Market
CV Telematics Services Market
Telematics Service Providers
General Motors (OnStar)
ATX Technologies
RESPONSE Services Center
Applications of Vehicle Telematics
Tracking a Vehicle/Fleet Management
Trailer and Container Tracking
Wireless Safety Communication
Safety Systems/Intelligent Vehicle Technology
Auto Insurance
Carsharing
Mobile Data

3. MAJOR PLATFORMS AND TECHNOLOGIES IN VOGUE

Availability of Enabling Technology
Road Tested for Most Vehicles
Data Tracking
Early Detection System
Cost-Effective Alternatives
Translating Raw Data into Worthwhile Information
Telematics Hardware Assembly
Hands Free Interfaces and Impact on Telematics
Telematics Scope Widens
What is Hands Free Interface All About?
Future of Hands Free Interfaces

4. TELEMATICS DEFINITION AND SCOPE

What is Telematics?
List of Select Telematics Launched by Key Automakers
A Brief Introduction
Demand Analysis – Why Telematics?
Safer Transportation Services
Safeguarding the Transport of Hazardous Materials
Door-to-Door Diligence
Pick Up
On-Board Computer
Delivery
Benefits for Long-Haul Transport
Automated Vehicle Location and Mapping Technologies
Areas of Fleet Management Telematics Application
What’s the Attraction for Automakers?
What Else Can Telematics Offer?
Telematics Offers
Leading to
Telematics Strategy Issues
Recurring Revenue Streams
Product/Service Differentiation
Expanding the Locus of Computing
Embedded, Real-Time Control Systems
Grid Computing
Integration with 802.1 1a (Wi-Fi) Networks
Regional Disparities Impact Strategic Decisions and Content
Major Market Peculiarities
Telematics Strategy
A Business Model that Actually Works
What Makes it Tick – The Modus Operandi
Telematics Logistics
Bringing Logistics Productivity on Par with Telematics
Inventory Carrying Costs
Transportation Costs
Looking for ‘Right’ Formula in the TM Value Chain Structure
‘Value Web’ vis-à-vis Value Chain
Seeking Economic Solutions that Work for All
Automotive Standards – A Must in the Competitive Scenario
Regional Automotive Standards
Should the Customer Pay for Telematics Control Units and the Infrastructure?

5. PRODUCT INNOVATIONS/INTRODUCTIONS

CalAmp Unveils AssetOutlook Telematics
Goodyear Develops Goodyear Proactive Solutions
Omnitracs Rolls Out Omnitracs Integrated Telematics
Omnitracs Introduces Intelligent Vehicle Gateway
Exeros-Technologies Unveils combined Telematics & Video Platform
Matrix Telematics to Launch Upgrade for Matrix IncidentCam
Masternaut Unveils New Telematics Module
FTA Unveils Live Drive Pro Telematics Product
XL Hybrids Unveils XL Link Telematics
Octo Telematics Introduces InPulse Telematics Solution
Eicher Launches Advanced Telematics Solution
Ctrack Introduces Vehicle Sharing Telematics Solutions
Detroit Connect Launches New Telematics Platform
Geotab Launches Commercial Telematics Solution
Ford Telematics Introduces Fleet Management Solution
Volkswagen Commercial Vehicles Introduces New Smart Telematics Service
Tata Motors Unveils New Telematics Service

6. RECENT INDUSTRY ACTIVITY

Isotrak Acquires VeriLocation
Octo Telematics Enters into a Partnership with Agero
Bell Group UK Upgrades Fleet Tracking Capabilities with Ctrack
United General Insurance Company Partners with Ctrack
Michelin to Acquire NexTraq
Dassault Systèmes to Take Over 3DPLM Software
Geometric Transfers Business to HCL Tech
ABAX Acquires Accessor Sverige AB and Ctrack Sverige AB
RAC Takes Over Nebula Systems
GTCR to Acquire Lytx
Micronet Enertec to Acquire Novatel Wireless’ Telematics Business
CalAmp Acquires LoJack
TomTom Takes Over Finder S. A.
Novatel Acquires DigiCore
BSM Acquires Webtech Wireless
Faria Beede Instruments Acquires FW Telematics
CCC Information Services Takes Over DriveFactor
Investcorp Takes Over Arvento

7. FOCUS ON SELECT GLOBAL PLAYERS

Airbiquity, Inc. (USA)
AirIQ, Inc. (Canada)
Agero, Inc. (USA)
BOX Telematics Ltd. (UK)
BSM Technologies, Inc. (Canada)
CalAmp (USA)
Ctrack (UK)
Davis Instruments (USA)
Fleetmatics Group PLC (Ireland)
Geotab, Inc. (Canada)
Intelligent Telematics (Ireland)
Omnitracs, LLC (USA)
OnStar Corporation (USA)
Orbcomm, Inc. (USA)
QUALCOMM, Inc. (USA)
Telit Wireless Solutions (UK)
Transport Management Solutions Ltd. (UK)
Trimble Transport & Logistics (Belgium)
Zonar Systems (USA)

8. GLOBAL MARKET PERSPECTIVE

Table 13. World Recent Past, Current & Future Analysis for Commercial Vehicle Telematics by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

Table 14. World 7-Year Perspective for Commercial Vehicle Telematics by Geographic Region/Country - Percentage Breakdown of Revenues for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2017 and 2022 (includes corresponding Graph/Chart)

Table 15. World Recent Past, Current & Future Analysis for Commercial Vehicle Telematics by Type - Aftermarket Telematics and OEM Telematics Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

Table 16. World 7-Year Perspective for Commercial Vehicle Telematics by Type - Percentage Breakdown of Revenues for Aftermarket Telematics and OEM Telematics Markets for Years 2017 and 2022 (includes corresponding Graph/Chart)

Table 17. World Recent Past, Current & Future Analysis for Commercial Vehicle Telematics by End-Use Sector - Insurance, Transport & Logistics and Others Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

Table 18. World 7-Year Perspective for Commercial Vehicle Telematics by End-Use Sector - Percentage Breakdown of Revenues for Insurance, Transport & Logistics and Others Markets for Years 2017 and 2022 (includes corresponding Graph/Chart)

III. MARKET

1. THE UNITED STATES

A. Market Analysis
Outlook
Market Overview
Telematics Service Providers in the US
US Commercial Vehicle Telematics Market: Major Services by Application Type – Productivity Applications, Managerial Applications, Remote Diagnostics Applications, Safety and Security Applications, Cargo Associated Applications, and Information Applications
Remote Vehicle Activation – Commanding High Consumer Interest
Future Portable Navigation Devices to Gain Real Time Connectivity
U. S. Aftermarket Expected to Succeed Where OEMs Failed
Product Launches
Strategic Corporate Developments
Key Players
B. Market Analytics

Table 19. US Recent Past, Current & Future Analysis for Commercial Vehicle Telematics by Segment - Services and Solutions Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

Table 20. US 7-Year Perspective for Commercial Vehicle Telematics by Segment - Percentage Breakdown of Revenues for Services and Solutions Markets for Years 2017 and 2022 (includes corresponding Graph/Chart)

2. CANADA

A. Market Analysis
Outlook
Strategic Corporate Development
Key Players
B. Market Analytics

Table 21. Canadian Recent Past, Current & Future Analysis for Commercial Vehicle Telematics Market Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

3. JAPAN

A. Market Analysis
Outlook
Telematics Market Scenario
Rapidly Evolving Market
Telematics Equipment Market
Market Trends & Issues
Navigation Features – The Primary Choice
What Makes the Japanese Car Navigation Systems So Irresistible?
OEM Telematics Trends
Will Japan Lead the Telematics Revolution?
B. Market Analytics

Table 22. Japanese Recent Past, Current & Future Analysis for Commercial Vehicle Telematics Market Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

4. EUROPE

A. Market Analysis
Outlook
Industry Overview
Market Drivers

Table 23. Installed Base of Active Fleet Management (In Million Units) in Europe (includes corresponding Graph/Chart)

Telematics Gains Rapid Credibility Among European OEMs
Hands Free Interfaces and the Impact of Telematics
Multifunction and Multimedia Systems
Unique Services, Unique Content Portfolios
Market Trends & Issues
Surge in Demand for Telematics Fitted Commercial Vehicles
Commercial Vehicle Telematics Services to Rake in Larger Revenue Share
B. Market Analytics

Table 24. European Recent Past, Current & Future Analysis for Commercial Vehicle Telematics by Geographic Region/Country - France, Germany, Italy, UK, Spain, Russia, and Rest of Europe Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

Table 25. European 7-Year Perspective for Commercial Vehicle Telematics by Geographic Region/Country - Percentage Breakdown of Revenues for France, Germany, Italy, UK, Spain, Russia, and Rest of Europe Markets for Years 2017 and 2022 (includes corresponding Graph/Chart)

Table 26. European Recent Past, Current & Future Analysis for Commercial Vehicle Telematics by Segment - Services and Solutions Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

Table 27. European 7-Year Perspective for Commercial Vehicle Telematics by Segment - Percentage Breakdown of Revenues for Services and Solutions Markets for Years 2017 and 2022 (includes corresponding Graph/Chart)

4A. FRANCE

A. Market Analysis
Strategic Corporate Development
B. Market Analytics

Table 28. French Recent Past, Current & Future Analysis for Commercial Vehicle Telematics Market Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

4B. GERMANY

Market Analysis

Table 29. German Recent Past, Current & Future Analysis for Commercial Vehicle Telematics Market Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

4C. ITALY

Market Analysis

Table 30. Italian Recent Past, Current & Future Analysis for Commercial Vehicle Telematics Market Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

4D. THE UNITED KINGDOM

A. Market Analysis
Black Box Telematics Insurance Rise in Demand
Major Telematics Firms
Astra Telematics
Intelligent Telematics

CDL

RDM Group
Tracker
Product Launches
Strategic Corporate Developments
Key Players
B. Market Analytics

Table 31. The UK Recent Past, Current & Future Analysis for Commercial Vehicle Telematics Market Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

4E. SPAIN

Market Analysis

Table 32. Spanish Recent Past, Current & Future Analysis for Commercial Vehicle Telematics Market Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

4F. RUSSIA

Market Analysis

Table 33. Russian Recent Past, Current & Future Analysis for Commercial Vehicle Telematics Market Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

4G. REST OF EUROPE

A. Market Analysis
Strategic Corporate Developments
Key Players
B. Market Analytics

Table 34. Rest of Europe Recent Past, Current & Future Analysis for Commercial Vehicle Telematics Market Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

5. ASIA-PACIFIC

A. Market Analysis
Outlook
Asia-Pacific: The Fastest Growing Market
B. Market Analytics

Table 35. Asia-Pacific Recent Past, Current & Future Analysis for Commercial Vehicle Telematics by Geographic Region/Country - Australia, China, India, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

Table 36. Asia-Pacific 7-Year Perspective for Commercial Vehicle Telematics by Geographic Region/Country - Percentage Breakdown of Revenues for Australia, China, India, and Rest of Asia-Pacific Markets for Years 2017 and 2022 (includes corresponding Graph/Chart)

5A. AUSTRALIA

A. Market Analysis
Outlook
Market Overview
Intelligent Access Program
Competition in the Trucking Industry Boosts Telematics Market
B. Market Analytics

Table 37. Australian Recent Past, Current & Future Analysis for Commercial Vehicle Telematics Market Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

5B. CHINA

A. Market Analysis
Outlook
A Potential Market for Commercial Vehicle Telematics
B. Market Analytics

Table 38. Chinese Recent Past, Current & Future Analysis for Commercial Vehicle Telematics Market Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

5C. INDIA

A. Market Analysis
Outlook
Infrastructural Development Undertakings Boost Indian Telematics Market
Telematics Scenario In India
Demand for Telematics for Vehicle Fleets Tracking & Monitoring
Telematics: Enabler of Autonomous Taxis
Product Launches
Strategic Corporate Developments
B. Market Analytics

Table 39. Indian Recent Past, Current & Future Analysis for Commercial Vehicle Telematics Market Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

5D. REST OF ASIA-PACIFIC

Market Analysis

Table 40. Rest of Asia-Pacific Recent Past, Current & Future Analysis for Commercial Vehicle Telematics Market Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

6. LATIN AMERICA

Market Analysis

Table 41. Latin American Recent Past, Current & Future Analysis for Commercial Vehicle Telematics by Geographic Region/Country - Brazil, Mexico, and Rest of Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

Table 42. Latin American 7-Year Perspective for Commercial Vehicle Telematics by Geographic Region/Country - Percentage Breakdown of Revenues for Brazil, Mexico, and Rest of Latin America Markets for Years 2017 and 2022 (includes corresponding Graph/Chart)

6A. BRAZIL

A. Market Analysis
Outlook
Market Overview
B. Market Analytics

Table 43. Brazilian Recent Past, Current & Future Analysis for Commercial Vehicle Telematics Market Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

6B. MEXICO

Market Analysis

Table 44. Mexican Recent Past, Current & Future Analysis for Commercial Vehicle Telematics Market Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

6C. REST OF LATIN AMERICA

Market Analysis

Table 45. Rest of Latin America Recent Past, Current & Future Analysis for Commercial Vehicle Telematics Market Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

7. REST OF WORLD

A. Market Analysis
Outlook
South Arica
Rise in Demand for Telematics Services in Commercial Vehicles
Strategic Corporate Developments
B. Market Analytics

Table 46. Rest of World Recent Past, Current & Future Analysis for Commercial Vehicle Telematics Market Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)

IV. COMPETITIVE LANDSCAPE

Total Companies Profiled: 75 (including Divisions/Subsidiaries - 81)
The United States (33)
Canada (5)
Japan (3)
Europe (32)
  France (1)
  Germany (6)
  The United Kingdom (18)
  Italy (1)
  Rest of Europe (6)
Asia-Pacific (Excluding Japan) (6)
Middle East (1)
Africa (1)