Telematics is the integration of telecommunications with information and communications technology. Global Positioning System (GPS) technology is combined with computers, mobile devices and other wireless technologies and incorporated into vehicles for remote diagnostics and automatic roadside assistance.
The vehicle sensors and controllers can measure the driving performance of the vehicles along with the GPS location and fuel consumption and this data can further be analyzed and used for further reporting. The Commercial Telematics can prove to be the future of transportation, thereby improving the traffic flow, reducing travel times and mileage, preventing accidents, optimizing safety issues as well as facilitating fleet management and maintaining these vehicles.
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This report gives an in-depth segmentation of the market by Types of Vehicles, Components, Services offered and Geographic regions. Trucks, Semi-Trailer Trucks, Taxi Cabs, Motor Coach or Bus and Trailers are the various types of vehicles associated with Commercial Telematics market.
Telematics Control Unit, Navigation System, Communication Devices, Audio/Video Interface, Sensors and CAN Bus are the varied range of components deployed across the Commercial Telematics market. The various services offered by the Commercial Telematics market include Safety and Security Services, Entertainment Services, Information and Navigation Systems, Fleet Management Systems, Usage Based Insurance, Emergency Notification Services, Remote Diagnostics and Billing Services.
Fleet Management System is the largest market in the commercial automotive telematics market. Usage Based Insurance (UBI) and Emergency Notification systems are the fastest growing segments owing to the favorable government regulations in the European Region.
Sensors and Navigation Systems are the major components deployed across Commercial Telematics, accounting for the highest market share.
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Americas led the Commercial Telematics market in 2015, followed by Europe, APAC and RoW regions. The APAC market is expected to propel in the near future on the back of increase in the registration of commercial vehicles in China and Japan.
The safety regulations imposed by the government in these countries have mandated the deployment of vehicle tracking system in all classes of automobiles.
The major players in this market include fleet management services, logistics and supply chain management, road side assistance and telematics service companies. Among automotive companies, the key players are General Motors, BMW, Ford, Mercedes-Benz and Toyota.
The key electronics companies include Airbiquity, Agero, Telogis and many more. In telematics services, the key players are CalAmp Corp., Astrata Group (Omnitracs), Masternaut, Descartes, Fleetmatics, MiX Telematics, TomTom and Trimble Navigations.
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Table of Contents
- Commercial Telematics - Market Overview
- Executive Summary
- Commercial Telematics Market - Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End User Profiling
3.2.3. Top 5 Financials Analysis (All Financials In $M Apart From Basic Earnings Per Share)
- Commercial Telematics – Market Forces
4.1. Market Drivers
4.1.1. Governmental Regulations Increase Customer Base For Telematics Products
4.1.2. Declining Costs Assist In Increased Market Penetration
4.1.3. Recovery Of Automobile Market Increases Potential User Base
4.1.4. Growth Of Fleet Management Market Set To Propel The Commercial Telematics Market
4.2. Market Constraint
4.2.1. Government Regulations On Driver Distraction In U.S Restrain Telematics Market Growth
4.3. Market Challenges
4.3.1. Lack Of Standardization Hampering Market Penetration
4.3.2. Infrastructure Bottle Necks Hampering Telematics Adoption In Apac Region:
4.3.3. Lack Of Awareness Hampering Market Penetration In Apac Region
4.4. Attractiveness Of Commercial Telematics Market
4.4.1. Power of Suppliers
4.4.2. Power of Customers.
4.4.3. Threat of New Entrants
4.4.4. Threat of Substitutes
4.4.5. Degree of Competition
- Commercial Telematics – Strategic Analysis
5.1. Value Chain Analysis
5.2. Opportunities Analysis
5.2.1. Usage Based Insurance Presents High Growth Opportunity In Europe
5.2.2. Emerging Economies: High Growth Regions
5.3. Life Cycle Analysis
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