Telematics enables OEMs to wirelessly gather a wide range of data, from geolocation and usage patterns to maintenance needs and performance information. Through telematics gateways, OEMs have the opportunity to track their customers even after the sale of the vehicle. The global Automotive OEM Telematics market is projected to grow at a significant rate in the forecast period. Numerous factors such as technological progressions, the introduction of several technologies such as in-car infotainment, connected features among vehicles as well as the introduction of advanced driver assistance systems in vehicles have created a positive impact on the growth of the global Automotive OEM Telematics market.
Furthermore, the introduction of telematics in vehicles has augmented the performance of GPS and diagnostics systems, due to which the speed and internal behavior of the vehicle can be recorded. As well, telematics systems are highly adopted by automobile insurance companies, fleet management companies, and others to monitor the location and behavior of the vehicle. Each of these factors is anticipated to have a definite impact on the Automotive OEM Telematics market during the forecast period. In addition, government regulations for vehicle telematics, increase in trend of connectivity solutions, and ease of vehicle diagnosis are the factors that propel the growth of the Automotive OEM Telematics market.
On the contrary, factors such as the threat of data hacking, high installation cost, and lack of uninterrupted & seamless internet connectivity are expected to hamper the growth of the automotive OEM telematics market. Besides this, intelligent transportation systems and better performance of the autonomous vehicle can be creating an opportunity for market investments. This key fact is expected to provide various growth opportunities for the automotive OEM telematics market in the coming period.
Covid-19 Impact on Automotive OEM Telematics Market
The outbreak of the covid-19 has a severe and swift impact on the automobile and transportation industry. This is majorly due to the shutdown of assembly plants in the US, interruptions across Europe in large-scale manufacturing, and disruption in the export of Chinese parts. In addition to this, the industry is dealing with reduced demand across the globe due to changes in customer behavior and shifts in a supply-demand chain. A recent study shows a 39% decline in sales of automotive all over the world. Moreover, the nationwide lockdowns have substantially affected the transportation sector. Restrictions on transportation accounted for a 45 to 55% decline in public as well as private transport sectors.
Automotive OEM Telematics Market Segment Overview
Based on Connectivity Solution, the Integrated segment is expected to hold a major share of the global Automotive OEM Telematics market. This is due to the rising integration of telematics systems among all classes of vehicles. Most automakers of premium and mid-segment vehicles have started integrating the automotive telematics system in their vehicles, thereby propelling the growth of the automotive OEM telematics market. Additionally, embedded devices are losing their importance over integrated technology, which in turn is boosting the integrated segment. Based on Vehicle Type, Passenger Car is expected to be a key segment of the market, owing to the large production of passenger Car and rate of adoption to enhance the safety of occupants and other security measures.
Automotive OEM Telematics Market, By Connectivity Solution
· Integrated
· Embedded
· Tethered
Automotive OEM Telematics Market, By Application
· eCall & Roadside Assistance
· Stolen Vehicle Tracking
· Motor Insurance Telematics
· Vehicle Diagnostics & Maintenance
· Over-the-air Updates
· Connected Navigation & Infotainment
· Others
Automotive OEM Telematics Market, By Infrastructure
· Tracking
· Network
· Service
Automotive OEM Telematics Market, By Vehicle Type
· Two-Wheelers
· Passenger Car
· Commercial Vehicle
Automotive OEM Telematics Market Regional Overview
In terms of region, Asia Pacific leads the global Automotive OEM Telematics market and It is projected to hold a leading share of the market during the forecast period. The presence of a large number of vehicles and vehicle fleets are key factors that contribute to the growth of the market in this region. On the other hand, North America and Europe are highly developed markets. But, the presence of a smaller consumer base and low production of vehicles in both regions place them below the Asia Pacific in terms of revenue generation.
Automotive OEM Telematics Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Automotive OEM Telematics Market Competitor overview
Some key developments and strategies adopted by manufacturers in Automotive OEM Telematics are highlighted below.
· In September 2021, Ituran Location and Control Ltd., announced that it has purchased the remaining 18.72% of shares that it did not own in Ituran Spain Holdings, formerly called Road Track Holding (prior to its acquisition by Ituran in July 2018). This was in line with the original acquisition agreement with the former shareholders of this subsidiary.
· In September 2021, Maruti Suzuki India Ltd (MSIL), the largest carmaker, said it has introduced its advanced telematics technology, 'Suzuki Connect' in its mass segment vehicles sold through ARENA retail channel.
Automotive OEM Telematics Market, Key Players
· Verizon 103
· Harman International
· TomTom
· AT&T
· Vodafone Group Plc.
· Ford Motors Co.
· BMW
· Telefonica
· MiX Telematics
· Trimble Navigation Limited
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Automotive OEM Telematics Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Connectivity Solution
- 5.2.1. Integrated
- 5.2.2. Embedded
- 5.2.3. Tethered
- 5.3. Market Analysis, Insights and Forecast – By Application
- 5.3.1. eCall & Roadside Assistance
- 5.3.2. Stolen Vehicle Tracking
- 5.3.3. Motor Insurance Telematics
- 5.3.4. Vehicle Diagnostics & Maintenance
- 5.3.5. Over-the-air Updates
- 5.3.6. Connected Navigation & Infotainment
- 5.3.7. Others
- 5.4. Market Analysis, Insights and Forecast – By Infrastructure
- 5.4.1. Tracking
- 5.4.2. Network
- 5.4.3. Service
- 5.5. Market Analysis, Insights and Forecast – By Vehicle Type
- 5.5.1. Two-Wheelers
- 5.5.2. Passenger Car
- 5.5.3. Commercial Vehicle
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Latin America, Middle East and Africa
6. North America Automotive OEM Telematics Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Connectivity Solution
- 6.2.1. Integrated
- 6.2.2. Embedded
- 6.2.3. Tethered
- 6.3. Market Analysis, Insights and Forecast – By Application
- 6.3.1. eCall & Roadside Assistance
- 6.3.2. Stolen Vehicle Tracking
- 6.3.3. Motor Insurance Telematics
- 6.3.4. Vehicle Diagnostics & Maintenance
- 6.3.5. Over-the-air Updates
- 6.3.6. Connected Navigation & Infotainment
- 6.3.7. Others
- 6.4. Market Analysis, Insights and Forecast – By Infrastructure
- 6.4.1. Tracking
- 6.4.2. Network
- 6.4.3. Service
- 6.5. Market Analysis, Insights and Forecast – By Vehicle Type
- 6.5.1. Two-Wheelers
- 6.5.2. Passenger Car
- 6.5.3. Commercial Vehicle
- 6.6. Market Analysis, Insights and Forecast – By Country
- 6.6.1. U.S.
- 6.6.2. Canada
7. Europe Automotive OEM Telematics Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Connectivity Solution
- 7.2.1. Integrated
- 7.2.2. Embedded
- 7.2.3. Tethered
- 7.3. Market Analysis, Insights and Forecast – By Application
- 7.3.1. eCall & Roadside Assistance
- 7.3.2. Stolen Vehicle Tracking
- 7.3.3. Motor Insurance Telematics
- 7.3.4. Vehicle Diagnostics & Maintenance
- 7.3.5. Over-the-air Updates
- 7.3.6. Connected Navigation & Infotainment
- 7.3.7. Others
- 7.4. Market Analysis, Insights and Forecast – By Infrastructure
- 7.4.1. Tracking
- 7.4.2. Network
- 7.4.3. Service
- 7.5. Market Analysis, Insights and Forecast – By Vehicle Type
- 7.5.1. Two-Wheelers
- 7.5.2. Passenger Car
- 7.5.3. Commercial Vehicle
- 7.6. Market Analysis, Insights and Forecast – By Country
- 7.6.1. UK
- 7.6.2. Germany
- 7.6.3. France
- 7.6.4. Italy
- 7.6.5. Spain
- 7.6.6. Russia
- 7.6.7. Rest of Europe
8. Asia Pacific Automotive OEM Telematics Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Connectivity Solution
- 8.2.1. Integrated
- 8.2.2. Embedded
- 8.2.3. Tethered
- 8.3. Market Analysis, Insights and Forecast – By Application
- 8.3.1. eCall & Roadside Assistance
- 8.3.2. Stolen Vehicle Tracking
- 8.3.3. Motor Insurance Telematics
- 8.3.4. Vehicle Diagnostics & Maintenance
- 8.3.5. Over-the-air Updates
- 8.3.6. Connected Navigation & Infotainment
- 8.3.7. Others
- 8.4. Market Analysis, Insights and Forecast – By Infrastructure
- 8.4.1. Tracking
- 8.4.2. Network
- 8.4.3. Service
- 8.5. Market Analysis, Insights and Forecast – By Vehicle Type
- 8.5.1. Two-Wheelers
- 8.5.2. Passenger Car
- 8.5.3. Commercial Vehicle
- 8.6. Market Analysis, Insights and Forecast – By Country
- 8.6.1. China
- 8.6.2. India
- 8.6.3. Japan
- 8.6.4. Australia
- 8.6.5. South East Asia
- 8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Automotive OEM Telematics Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Connectivity Solution
- 9.2.1. Integrated
- 9.2.2. Embedded
- 9.2.3. Tethered
- 9.3. Market Analysis, Insights and Forecast – By Application
- 9.3.1. eCall & Roadside Assistance
- 9.3.2. Stolen Vehicle Tracking
- 9.3.3. Motor Insurance Telematics
- 9.3.4. Vehicle Diagnostics & Maintenance
- 9.3.5. Over-the-air Updates
- 9.3.6. Connected Navigation & Infotainment
- 9.3.7. Others
- 9.4. Market Analysis, Insights and Forecast – By Infrastructure
- 9.4.1. Tracking
- 9.4.2. Network
- 9.4.3. Service
- 9.5. Market Analysis, Insights and Forecast – By Vehicle Type
- 9.5.1. Two-Wheelers
- 9.5.2. Passenger Car
- 9.5.3. Commercial Vehicle
- 9.6. Market Analysis, Insights and Forecast – By Country
- 9.6.1. Brazil
- 9.6.2. Saudi Arabia
- 9.6.3. UAE
- 9.6.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Verizon 103
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Harman International
- 10.6. TomTom
- 10.7. AT&T
- 10.8. Vodafone Group Plc.
- 10.9. Ford Motors Co.
- 10.10. BMW
- 10.11. Telefonica
- 10.12. MiX Telematics
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
