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Commercial Vehicle Telematics Market in Europe 2018-2022

Commercial Vehicle Telematics Market in Europe 2018-2022

About Commercial Vehicle Telematics in Europe

The telematics system is a device that deals with communication (sending, receiving, and storing information) regarding the vehicle and other parameters. The telematics system receives information through different sensors, such as air bags, vehicle speed, advanced driver assistance system, braking system, and transmission control system.

Technavio’s analysts forecast the commercial vehicle telematics market in Europe to grow at a CAGR of 13.85% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the commercial vehicle telematics market in Europe for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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

  • UK
  • Germany
  • France
  • Rest of Europe
Technavio's report, Commercial Vehicle Telematics Market in Europe 2018-2022, 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
  • TomTom International
  • Continental
  • Trimble
  • Bosch
  • Verizon Telematics
Market driver
  • Growing need for fleet management solutions
  • For a full, detailed list, view our report
Market challenge
  • Low return on investment for small fleet owners
  • For a full, detailed list, view our report
Market trend
  • Truck platooning using telematics services
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 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?


Press Release

Technavio Announces the Publication of its Research Report – Commercial Vehicle Telematics Market in Europe 2018-2022

Technavio recognizes the following companies as the key players in the commercial vehicle telematics market in Europe: TomTom International, Continental, Trimble, Bosch, and Verizon Telematics.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is truck platooning using telematics services. Truck platooning is linking two or more trucks in convoy. Such vehicles follow each other at a close distance with the use of connectivity technology and automated driving systems. The vehicle at the head of the platoon acts as a leader and the vehicles behind it react and adapt to the changes in the leader.”

According to the report, one driver in the market is growing need for fleet management solutions. The logistics sector has been the largest contributor to fleet management services in the telematics industry. This mainly due to increased consolidation of logistics players and growing demand for fleet tracking to mitigate transit losses. The demand for telematics in the logistics sector is driven by the need to reduce fuel expenses. As per estimates, empty runs (without any goods) account for 25%-30% of the total runs made by the fleet globally.

Further, the report states that one challenge in the market is low return on investment for small fleet owners. Telematics system provides a significant advantage to fleet owners. Large fleet owners utilize these technologies to increase efficiency and productivity, improve driver behavior and safety, along with controlling their costs. However, small fleet owners struggle to get a return on investment.

Companies Mentioned

TomTom International, Continental, Trimble, Bosch, and Verizon Telematics.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Segments of global automotive telematics market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market outline
      • Table Services facilitated by the telematics system
      • Table Connectivity solutions
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Commercial vehicle telematics market in Europe - Market size and forecast 2017-2022 ($ mn)
      • Table Commercial vehicle telematics market in Europe - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • LCV telematics market in Europe - Market size and forecast 2017-2022
      • Table LCV telematics market in Europe - Market size and forecast 2017-2022 ($ mn)
      • Table LCV telematics market in Europe - Year-over-year growth 2018-2022 (%)
    • M&HCV telematics market in Europe
      • Table M&HCV telematics market in Europe - Market size and forecast 2017-2022 ($ mn)
      • Table M&HCV telematics market in Europe - Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Market share by geography 2017-2022 (%)
    • Country comparison
      • Table Country comparison
    • Commercial vehicle telematics market in the UK - Market size and forecast 2017-2022
      • Table Commercial vehicle telematics market in the UK - Market size and forecast 2017-2022 ($ mn)
      • Table Commercial vehicle telematics market in the UK - Year-over-year growth 2018-2022 (%)
    • Commercial vehicle telematics market in Germany - Market size and forecast 2017-2022
      • Table Commercial vehicle telematics market in Germany - Market size and forecast 2017-2022 ($ mn)
      • Table Commercial vehicle telematics market in Germany - Year-over-year growth 2018-2022 (%)
    • Commercial vehicle telematics market in France - Market size and forecast 2017-2022
      • Table Commercial vehicle telematics market in France - Market size and forecast 2017-2022 ($ mn)
      • Table Commercial vehicle telematics market in France - Year-over-year growth 2018-2022 (%)
    • Commercial vehicle telematics market in other European countries - Market size and forecast 2017-2022
      • Table Commercial vehicle telematics market in other European countries - Market size and forecast 2017-2022 ($ mn)
      • Table Commercial vehicle telematics market in other European countries - Year-over-year growth 2018-2022 (%)
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Truck platooning using telematics services
    • Emergence of next-generation telematics protocol (NGTP)
    • OEMs collaborating with telematics providers
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • TomTom International
      • Table Vendor overview
      • Table TomTom International - Business segments
      • Table TomTom International - Organizational developments
      • Table TomTom International - Geographic focus
      • Table TomTom International - Key offerings
    • Continental
      • Table Vendor overview
      • Table Continental - Business segments
      • Table Continental - Organizational developments
      • Table Continental - Geographic focus
      • Table Continental - Key offerings
    • Trimble
      • Table Vendor overview
      • Table Trimble - Business segments
      • Table Trimble - Organizational developments
      • Table Trimble - Geographic focus
      • Table Trimble - Key offerings
    • Bosch
      • Table Vendor overview
      • Table Bosch - Business segments
      • Table Bosch - Organizational developments
      • Table Bosch - Geographic focus
      • Table Bosch - Key offerings
    • Verizon Telematics*
      • Table Vendor overview
      • Table Verizon Telematics - Product segments
      • Table Verizon Telematics - Organizational developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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