Global Off-Highway Vehicle (OHV) Telematics Market, By Component (Hardware, Platform, Network, Services), Connectivity (Cellular, Satellite), Industry Vertical (Construction Industry, Agriculture, Mining Industry, Forestry, Other), Sales Channel (OEM, Aftermarket) , Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia Pacific, South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights : Global Off-Highway vehicle (OHV) Telematics Market
Data Bridge Market Research analyses that the off-highway vehicle (OHV) telematics market would exhibit a CAGR of 15.40% for the forecast period.
Telematics is a technology of receiving, sending, and storing data through the employment of telecommunication devices. Telematics is usually utilized in road transport, electrical engineering, road safety, and engineering.
Growing adoption of telematics technologies across construction, agriculture and mining equipment is the major factor accelerating the growth of the off-highway vehicle (OHV) telematics market in the forecast period of 2022 to 2029. Furthermore, growing adoption of telematics technologies within the automotive industry and development and performance of machinery accelerate the market growth. The increase in the demand for cellular technology with increasing application within construction and mining industries and reduction in the cost of telematics services further influence the market. Also, government policies to increase safety and security are expected to drive the growth of the off-highway vehicle (OHV) telematics market. However, reluctance to change business practices and lack of standardization restrains the off-highway vehicle (OHV) telematics market, whereas, fluctuating price of modern technology will challenge the growth of off-highway vehicle (OHV) telematics market in the above mentioned forecast period.
In addition, increasing penetration of advanced technology, coupled with the rising demand for off highway vehicles will create ample opportunities for the off-highway vehicle (OHV) telematics market.
This off-highway vehicle (OHV) telematics market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on off-highway vehicle (OHV) telematics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Off-Highway Vehicle (OHV) Telematics Market Scope and Market Size
The off-highway vehicle (OHV) telematics market is segmented on the basis of component, connectivity, industry vertical & sales channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of component, the off-highway vehicle (OHV) telematics market has been segmented into hardware, platform, network, services.
- On the basis of connectivity, the off-highway vehicle (OHV) telematics market has been segmented into cellular, satellite.
- On the basis of sales channel, the off-highway vehicle (OHV) telematics market is segmented into OEM, aftermarket.
- On the basis of industry vertical the off-highway vehicle (OHV) telematics market is segmented into construction industry, agriculture, mining industry, forestry, others.
Off-Highway Vehicle (OHV) Telematics Market Country Level Analysis
The global off-highway vehicle (OHV) telematics market is analysed and market size insights and trends are provided by country, component, connectivity and industry vertical, sales channel as referenced above.
The countries covered in the off-highway vehicle (OHV) telematics market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the off-highway vehicle (OHV) telematics market and will continue to flourish its trend of dominance during the forecast period owing to increasing adoption of telematics technologies across the applications such as construction and mining equipment in the region. Asia Pacific region is set to witness unprecedented growth during the forecast period and will project the highest compound annual growth (CAGR) rate. This is due to increasing production of automobiles in the country, technological advancement in the country is on the upswing. Adoption of artificial intelligence, internet of thinking in this region.
The country section of the off-highway vehicle (OHV) telematics market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Off-Highway Vehicle (OHV) Telematics Market Share Analysis
The off-highway vehicle (OHV) telematics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to off-highway vehicle (OHV) telematics market.
Some of the major players operating in the off-highway vehicle (OHV) telematics market report are Verizon, Magneti Marelli S.p.A., Intel Corporation, MiX Telematics, Robert Bosch GmbH, HARMAN International, TomTom International BV, Masternaut Limited, I.D. Systems, Teletrac Navman US Ltd, Trimble Inc., Omnitracs, Continental AG, Bridgestone Corporation, Delphi Technologies, Qualcomm Technologies, Inc., LG Electronics and Visteon Corporation, among other.
SKU-
Get online access to the report on the World's First Market Intelligence Cloud
- Interactive Data Analysis Dashboard
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
- Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
