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Dallas–Fort Worth, TX Press Releases
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(Dallas.CityRegions.Com, August 06, 2018 ) 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.
There are mainly two type product of Truck telematics market: plug and play telematics and hardwired install telematics. Plug and play telematics accounts the largest proportion and will has faster growing rate.
Geographically, the global truck telematics market has been segmented into North America, Europe, Asia-Pacific, Middle East and Africa The North America held the largest share in the global truck telematics products market, its revenue of global market exceeds 34% in 2016. The next is Europe and Asia-Pacific.
Over the next five years, LPI(LP Information) projects that Truck Telematics will register a 21.6% CAGR in terms of revenue, reach US$ 1290 million by 2023, from US$ 400 million in 2017.
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To calculate the market size, LP Information considers value generated from the sales of the following segments:
• Segmentation by product type: • Plug and Play Telematics • Hardwired Install Telematics • Segmentation by application: • Light Truck • Heavy Truck
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The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
• Trimble • Wabco • Continental • CalAmp • Delphi • Bosch • GEOTAB • Automatic • Actsoft • Telic • Mojio • Xirgo Technologies • e6gps • Hirain Technologies
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Some Point from TOC: 1 Scope of the Report 2 Executive Summary 3 Global Truck Telematics by Players 4 Truck Telematics by Regions 5 Americas 6 APAC ….Continued
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