The Telematics Solutions market is expected to grow from USD 31 billion in 2020 to USD 65.75 billion by 2025 at a CAGR of 16.23% from 2019 to 2025.
Telematics is used for monitoring a vehicle using a hardware device that grows connected in the car. Telematics solutions are widely used by fleet owners to expand the efficiency of their business by planning routes and eliminating risky driver habits. The increasing popularity of usage-based insurance is one of the primary factors driving the growth of the market. The telematics solution market is highly disjointed with the presence of a large number of players present in the market, resulting in a high degree of competition. Market development is administered by the increasing trend of in-vehicle connectivity solutions and government initiatives towards developments in intelligent transportation systems & connected cars. The market growth is also supported by the continual perfection in network infrastructure alongside growing technology acceptance among the consumers. Thus, the market is anticipated to witness significant growth in the future. The rise in demand for telematics solutions in off-highway vehicles is trending the overall Market for OFF and On Highway. The global market is segregated on the basis of Application as Lubes, Resins, Solvents, Plasticizers, Others, Acrylates, Glycol Ethers, and Acetates. Based on Type the global Telematics Solutions market is segmented in ISO Butanol, Other Telematics Solutions, N-Butanol, and 2- Ethylhexanol. Based on Vehicle Type the global market is segmented in LCV, Truck, Bus, and Passenger Car. Based on Form Type, the market is segmented in Tethered, Integrated, and Embedded. The report also bifurcates the market based on Hardware in Communication Devices, Audio/Video Interface, CAN Bus, Telematic Control Unit, and Navigation Systems. The report also bifurcates the global Service market is segmented in On-Road Assistance, Vehicle Tracking, Insurance Risk Assessment, Driver Behaviour, Billing Services, Automatic Crash Notification, Emergency Calling, Navigation, On-Road Assistance, and Remote Diagnostics.
The global market report provides geographical analysis covering regions, such as North America, Europe, Asia-Pacific, and the Rest of the World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
BASF Petronas (Malaysia), Dow Chemical Company (U.S.), Eastman Chemical Company (U.S.), ExxonMobil Chemical Company (U.S.), Arkema SA (France), Evonik Industries (Germany), The Andhra Petrochemicals Limited (India), Oxea (U.S.), ZAK S.A. (Poland), Ineos (Switzerland), BAX Chemicals (The Netherlands), and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global Telematics Solutions market has been segmented as below:
By Application
By Type
By Vehicle Type
By Form Type
By Hardware
By Service
By Region
Telematics Solutions Market, By Company
The report covers the below scope:
The years considered for the study are as follows:
Report Scope:
The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers the analysis of regional and country-level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share. Major industry players with significant revenue share include BASF Petronas (Malaysia), Dow Chemical Company (U.S.), Eastman Chemical Company (U.S.), ExxonMobil Chemical Company (U.S.), Arkema SA (France), Evonik Industries (Germany), The Andhra Petrochemicals Limited (India), Oxea (U.S.), ZAK S.A. (Poland), Ineos (Switzerland), BAX Chemicals (The Netherlands), and others.
Why to Buy this Report:
Target Audience:
The report targeted the existing players in the industry is as follows:
Free and Paid Customization based on the requirement
Report Content
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5.1 Introduction
5.2 Lubes
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Resins
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Solvents
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Plasticizers
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Others
5.6.1 Market Overview
5.6.2 Market Size and Forecast
5.7 Acrylates
5.7.1 Market Overview
5.7.2 Market Size and Forecast
5.8 Glycol Ethers
5.8.1 Market Overview
5.8.2 Market Size and Forecast
5.9 Acetates
5.9.1 Market Overview
5.9.2 Market Size and Forecast
6.1 Introduction
6.2 ISO Butanol
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Other Telematics Solutions
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 N-Butanol
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 2- Ethylhexanol
6.5.1 Market Overview
6.5.2 Market Size and Forecast
7.1 Introduction
7.2 LCV
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Truck
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Bus
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Passenger Car
7.5.1 Market Overview
7.5.2 Market Size and Forecast
8.1 Introduction
8.2 Tethered
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Integrated
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 Embedded
8.4.1 Market Overview
8.4.2 Market Size and Forecast
9.1 Introduction
9.2 Communication Devices
9.2.1 Market Overview
9.2.2 Market Size and Forecast
9.3 Audio/Video Interface
9.3.1 Market Overview
9.3.2 Market Size and Forecast
9.4 CAN Bus
9.4.1 Market Overview
9.4.2 Market Size and Forecast
9.5 Telematic Control Unit
9.5.1 Market Overview
9.5.2 Market Size and Forecast
9.6 Navigation Systems
9.6.1 Market Overview
9.6.2 Market Size and Forecast
10.1 Introduction
10.2 On-Road Assistance
10.2.1 Market Overview
10.2.2 Market Size and Forecast
10.3 Vehicle Tracking
10.3.1 Market Overview
10.3.2 Market Size and Forecast
10.4 Insurance Risk Assessment
10.4.1 Market Overview
10.4.2 Market Size and Forecast
10.5 Driver Behaviour
10.5.1 Market Overview
10.5.2 Market Size and Forecast
10.6 Billing Services
10.6.1 Market Overview
10.6.2 Market Size and Forecast
10.7 Automatic Crash Notification
10.7.1 Market Overview
10.7.2 Market Size and Forecast
10.8 Emergency Calling
10.8.1 Market Overview
10.8.2 Market Size and Forecast
10.9 Navigation
10.9.1 Market Overview
10.9.2 Market Size and Forecast
10.10 On-Road Assistance
10.10.1 Market Overview
10.10.2 Market Size and Forecast
10.11 Remote Diagnostics
10.11.1 Market Overview
10.11.2 Market Size and Forecast
11.1 Introduction
11.2 North America
11.2.1 North America Market, By Application
11.2.2 North America Market, By Type
11.2.3 North America Market, By Vehicle Type
11.2.4 North America Market, By Form Type
11.2.5 North America Market, By Hardware
11.2.6 North America Market, By Service
11.3 Europe
11.3.1 Europe Market, By Application
&
By Application
By Type
By Vehicle Type
By Form Type
By Hardware
By Service