Fast Market Research announces the availability of the new TechNavio report, "Commercial Vehicle Telematics Market in India 2016-2020", on their comprehensive research portal

Boston, MA -- (SBWire) -- 11/07/2016 --The telematics system in a vehicle is a device that deals with communication (sending, receiving, and storing information) regarding the vehicle and other parameters. The telematics system collects information from different on-board sensors, such as vehicle speed, braking system, advanced driver assistance system (ADAS), air bags, transmission control system, and many other systems.

Technavio's analysts forecast the commercial vehicle telematics market in India to grow at a CAGR of 15.73% during the period 2016-2020.

Covered in this report
esent scenario and the growth prospects of the commercial vehicle telematics market in India for 2016-2020. To calculate the market size, the report considers a top-down approach based on application, where the market is derived from the overall commercial vehicle telematics application volume.

The market is divided into the following segments based on application:

-Tourism
-Retail
-Pharma
-Courier
-Cold chain
-Others

Get More Details on this Report and a Full Table of Contents at Commercial Vehicle Telematics Market in India 2016-2020

Technavio's report, Commercial Vehicle Telematics Market in India 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Trimble Navigation
-Arya Omnitalk
-CMC
-Tata Motors
-Ashok Leyland

Other prominent vendors

-Dhanus Technologies
-eLogistics
-Mahindra & Mahindra

Market driver

-Progressive business environment and increased infrastructure spending by the government
-For a full, detailed list, view our report

Market challenge

-Slow telematics penetration due to the presence of a large number of small fleet owners
-For a full, detailed list, view our report

Market trend

-Implementation of usage-based insurance model in commercial vehicle segment
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Trimble Navigation, Arya Omnitalk, CMC, Tata Motors, Ashok Leyland, Dhanus Technologies, eLogistics, Mahindra & Mahindra

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