Latest research report on “Truck Telematics Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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Telematics is a combination of the words telecommunications and informatics. Telematics, in a broad sense, is any integrated use of telecommunications with information and communications technology. It is the technology of sending, receiving and storing information relating to remote objects like vehicles via telecommunication devices.
Truck telematics is a way of monitoring the location, movement, status and behavior of a vehicle within a fleet. This is achieved through a combination of a GPS receiver and an electronic GSM device that is installed in each vehicle, which then communicates with the user and web-based software.
Truck telematics is mainly composed of three parts: terminal (hardware), software (mobile Hardwired Install Telematics APP, Client PC) and cloud platform.
This report contains market size and forecasts of Truck Telematics in Global, including the following market information:
Global Truck Telematics Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Truck Telematics market was valued at 839.2 million in 2021 and is projected to reach US$ 2672 million by 2028, at a CAGR of 18.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Plug and Play Telematics Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Truck Telematics include Trimble, Wabco, Continental, CalAmp, Delphi, Bosch, GEOTAB, Automatic and Actsoft, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Truck Telematics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Truck Telematics Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Truck Telematics Market Segment Percentages, by Type, 2021 (%)
– Plug and Play Telematics
– Hardwired Install Telematics
Global Truck Telematics Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Truck Telematics Market Segment Percentages, by Application, 2021 (%)
– Light Truck
– Heavy Truck
Global Truck Telematics Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Truck Telematics Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Truck Telematics revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Truck Telematics revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Xirgo Technologies
– Hirain Technologies
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