APAC Automotive Telematics Market, By Vehicle type (Commercial and Passenger), By Application (Infotainment, Safety, Navigation and Diagnostics), By Technology type (Embedded, Tethered and Integrated/ Smartphone) By Channel type (OEM and Aftermarket)and by Country (China, Japan, South Korea, India, ASEAN and Oceania) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
Telematics in automotive is an interdisciplinary field that includes vehicular technologies namely road safety, road transport, sensors, multimedia, and telecommunications. In other words, telematics is a piece of technology of sending, receiving, and storing information using telecommunication devices. Telematics has many applications in automotive including mobile data, auto insurance, vehicle tracking, container tracking, fleet management, intelligent vehicle technologies, an emergency warning system for the vehicle, car sharing, satellite navigation, etc. Automotive telematics uses telecommunications integrated with informatics for application in vehicles and to control vehicles on the move. Moreover, GPS technology is integrated with computers and mobile communication technology in automotive navigation systems. Systems such as automatic driving systems, driving assistance systems, vehicular emergency warning systems, APAC positioning system (GPS) navigation, and wireless safety communication have been created by an automotive telematics system.
Increasing investments in road and telecom infrastructure by governments is expected to drive growth of the APAC automotive telematics market during the forecast period. Countries across the world are investing in road and telecom infrastructure as these parameters are directly impacting the country’s economy. For instance, In December 2019, a statement given by Telecom minister of government of India, India by 2022 India will install 10 lacks mobile towers from currently available 5.65 Lakhs. Moreover, in China, from 2013–2017, the total expenditure for LTE wireless infrastructure is expected to amount to US$ 26.9 Bn. Thus, these factors are expected to drive the APAC automotive telematics market growth during the forecast period.
However, rising popularity of GPS-enabled smartphones is expected to restrict growth of the market in the near future. Smartphones provide an alternative telematics device since many functionalities of telematics can be activated on smartphone by installing relevant software applications. Thus, availability of product substitutes is expected to hamper the APAC automotive telematics market growth during the forecast period.
This report segments the APAC automotive telematics market on the basis of by vehicle type, by application, by technology type, by channel type, and country. On the basis of Vehicle type, APAC automotive telematics market is segmented into Commercial and Passenger. On the basis of application, APAC automotive telematics market is Infotainment, Safety, Navigation and Diagnostics. On the basis of Technology type, APAC automotive telematics market is segmented into Embedded, Tethered and Integrated/ Smartphone. On the basis of country, APAC automotive telematics market is segmented into By Country China, Japan, South Korea, India, ASEAN and Oceania.
Key features of the study:
This report provides an in-depth analysis of the APAC automotive telematics market and provides market size (US$ million & Thousand Units) and compound annual growth rate (CAGR %) for the forecast period (2019-2027), considering 2018 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the APAC automotive telematics market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the APAC automotive telematics market includes Denso Corporation, Panasonic Corporation, Clarion, Masternaut Limited, Continental AG, Qualcomm Technologies, Inc. LG Electronics, Harman International Industries, Inc., Trimble Inc., and I.D. Systems.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The APAC automotive telematics market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the APAC Automotive telematics Market.
APAC Automotive telematics Market, By Technology:
APAC Automotive telematics Market, By Vehicle type:
APAC Automotive telematics Market, By Application
Automotive telematics Market, By Technology type
APAC Automotive telematics Market, By Channel type
Qualcomm Technologies, Inc.
Harman International Industries, Inc.
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