Pune, Maharashtra -- (SBWIRE) -- 12/05/2019 -- Commercial Vehicle Telematic Market 2019

Industry Overview
Commercial Vehicle Telematics is being used increasingly for the maintenance of fleet vehicles. Telematics makes use of GPS and onboard vehicle diagnostics systems to track the location and condition of the commercial vehicles. These advanced commercial vehicle telematics applications are capable of optimizing fuel consumption, remotely monitoring vehicle components, and enhancing fleet efficiency. This technology is widely being adopted by fleet management companies, automobile insurance companies, and other parties to monitor the health and behaviour of vehicles.

Market by Top Commercial Vehicle Telematics Companies, this report covers
AirIQ
Cisco Systems
Daimler FleetBoard GmbH
DigiCore Holdings
Fleetmatics Group
Garmin
MAN SE
Masternaut
MiX Telematics
Navman Wireless
Omnitracs
Scania SE
Telogis
TomTom NV
Trimble
Volvo Trucks

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The global commercial vehicle telematics industry involves the services and solutions that are being employed to monitor and control commercial vehicles with the help of telecommunication devices. Government regulations and an increase in the connectivity technologies and solutions are expected to boost this industry. As a result, the global commercial vehicle telematics industry is expected to grow at a CAGR of 13.8 percent and occupy a valuation of USD 144,440.7 million. However, the threat of data hacking could pose an obstacle to the growth of this industry.

Segmentation
As mentioned previously, the commercial vehicle telematics market can be primarily divided into Telematics Services and Telematics Solutions.
Further, based on the end-user, the report also classifies the industry on the basis of the sector where it is being implemented, such as Insurance, Transport & Logistics, and Others.

Regional Analysis
On the basis of the geographical location, the global commercial vehicle telematics market is divided into the following areas:
North America
Europe
China
Japan
Southeast Asia
India

The report identifies the Asia-Pacific region as the dominant player in the industry. With the increase in stringency of government regulations, the US is expected to emerge as a high-demand market, thereby increasing the demand in the global commercial vehicle telematics industry.

Industry News
Tevva Motors has recently announced a new program, Commercial EV Technology Fleet, which aims at the deployment of nearly 50 electric 12-tonne (medium-duty) trucks in the UK and other select European countries in the two years to come. Customers shall be given access to the telematics data to keep track of their consignments. The company promises the delivery of a state-of-the-art telematics system to control the monitor the vehicle safely and remotely.

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Table of Contents –Analysis of Key Points
1 Commercial Vehicle Telematics Market Overview
2 Manufacturers Profiles
3 Global Commercial Vehicle Telematics Market Competition, by Players
4 Global Commercial Vehicle Telematics Market Size by Regions
5 North America Commercial Vehicle Telematics Revenue by Countries
6 Europe Commercial Vehicle Telematics Revenue by Countries
7 Asia-Pacific Commercial Vehicle Telematics Revenue by Countries
8 South America Commercial Vehicle Telematics Revenue by Countries
9 Middle East and Africa Revenue Commercial Vehicle Telematics by Countries
10 Global Commercial Vehicle Telematics Market Segment by Type
11 Global Commercial Vehicle Telematics Market Segment by Application
12 Global Commercial Vehicle Telematics Market Size Forecast (2019-2024)
13 Research Findings and Conclusion
14 Appendix
List of Tables and Figures
Continue….