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.
Market Analysis and Insights: Global Truck Telematics Market
The research report studies the Truck Telematics market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
Due to the COVID-19 pandemic, the global Truck Telematics market size is estimated to be worth US$ 815.6 million in 2021 and is forecast to a readjusted size of US$ 2760.6 million by 2028 with a CAGR of 18.8% during the forecast period 2022-2028.
The North America holds the largest share in the global truck telematics products market, its revenue of global market exceeds 34%. The next is Europe and Asia-Pacific.
Trimble, Wabco, Continental, Delphi and CalAmp are the main manufacturers of the truck telematics, the market share of top 3 is about 35%.
Global Truck Telematics Scope and Segment
The global Truck Telematics market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Truck Telematics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.
Segment by Type
Plug and Play Telematics
Hardwired Install Telematics
Segment by Application
Light Truck
Heavy Truck
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Trimble
Wabco
Continental
CalAmp
Delphi
Bosch
GEOTAB
Automatic
Actsoft
Telic
Mojio
Xirgo Technologies
e6gps
Hirain Technologies
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.
Market Analysis and Insights: Global Truck Telematics Market
The research report studies the Truck Telematics market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
Due to the COVID-19 pandemic, the global Truck Telematics market size is estimated to be worth US$ 815.6 million in 2021 and is forecast to a readjusted size of US$ 2760.6 million by 2028 with a CAGR of 18.8% during the forecast period 2022-2028.
The North America holds the largest share in the global truck telematics products market, its revenue of global market exceeds 34%. The next is Europe and Asia-Pacific.
Trimble, Wabco, Continental, Delphi and CalAmp are the main manufacturers of the truck telematics, the market share of top 3 is about 35%.
Global Truck Telematics Scope and Segment
The global Truck Telematics market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Truck Telematics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.
Segment by Type
Plug and Play Telematics
Hardwired Install Telematics
Segment by Application
Light Truck
Heavy Truck
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Trimble
Wabco
Continental
CalAmp
Delphi
Bosch
GEOTAB
Automatic
Actsoft
Telic
Mojio
Xirgo Technologies
e6gps
Hirain Technologies
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.