NEW YORK, Oct. 31, 2022 /PRNewswire/ — The commercial vehicle telematics market in the Americas research report provides a detailed analysis of emerging market trends, regional outlook, competitive landscape, and a comprehensive analysis of different market segments. The commercial vehicle telematics market in America is expected to grow by USD 7.97 billion from 2021 to 2026 during the forecast period. Request Free Sample Report.
Top Key players of the Commercial Vehicle Telematics Market In the Americas:
- Agero Inc.: The company offers commercial vehicle telematics such as 24-by-7 roadside assistance, digital reporting, status tracking, event monitoring, and dispatch details.
- AT and T Inc.: The company offers commercial vehicle telematics such as fuel consumption monitoring, accident detection, and vehicle maintenance.
- Continental AG: The company offers commercial vehicle telematic systems such as MultiViu Professional12 and ProViu ASL360.
- General Motors Co.: The company offers commercial vehicle telematics such as Automatic Crash Response, Stolen Vehicle Assistance, Turn by Turn Navigation, and Roadside Assistance.
- MiX Telematics Ltd.: The company offers commercial vehicle telematics such as In Cab Video Monitoring Systems, MiX Vision, and Driver Coaching Tool.
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Commercial Vehicle Telematics Market In the Americas: Segmentation
- By Type
- Embedded telematics
- During the anticipated period, the embedded telematics segment will significantly increase its market share in the Americas for commercial vehicle telematics. In the commercial vehicle telematics market, commercial vehicle OEMs have been trying to establish the most control points possible. In order to gain a larger share of the telematics ecosystem, they have been using innovative business models. As a result, OEMs and other market participants in the commercial vehicle telematics space have been working more closely together to promote the adoption of embedded solutions. As a result, the commercial vehicle telematics market will grow during the forecast period due to the rising adoption of embedded solutions.
- Smartphone-based telematics
- Portable telematics
- By Application
- LCV
- LCVs are commercial vehicles with a gross vehicle weight of up to 3.5 tons. Gross vehicle weight refers to the operating weight – the maximum weight a truck can carry while driving. LCVs typically include pickup trucks and vans, which are used to carry a wide range of goods from hubs to different destinations. They are mainly used in space-constricted urban areas and have a significant adoption in the Americas. The rising traffic congestion is pushing the adoption of LCVs over heavy commercial vehicles for transporting cargo within urban locations.
- M and HCVs
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Commercial Vehicle Telematics Market In the Americas: Key Dynamics
One of the main factors promoting the expansion of the commercial vehicle telematics market in America is the cost savings opportunities brought about by the adoption of UBI with telematics capabilities. Additionally, factors like decreased insurance premium costs and raised awareness of the dangers of risky driving practices are motivating consumers to purchase or upgrade their vehicles with UBI technology. These factors will encourage UBI suppliers to collaborate with other telematics function participants for data sharing in order to expand the system’s usage for more varied purposes. Apart from this, other market trends include government initiatives increasing the adoption of OBD telematics systems and the emergence of next-generation telematics protocols.
Imperative Insights on the following aspects:
- What was the size of the global commercial vehicle telematics in America’s industry by value?
- What will be the size of the global commercial vehicle telematics in America’s industry in 2026?
- What factors are affecting the strength of competition in the global commercial vehicle telematics in the American industry?
- How has the industry performed over the last five years?
- What main segments make up the global commercial vehicle telematics market in the Americas?
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Commercial Vehicle Telematics Market In Americas Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Decelerate at a CAGR of 16.6% |
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Market growth 2022-2026 |
$7.97 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
23.1 |
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Regional analysis |
Americas |
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Key consumer countries |
US, Canada, and Rest of Americas |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
AB Volvo, Agero Inc., Airbiquity Inc., AT and T Inc., Bayerische Motoren Werke AG, Continental AG, DrivSafe LLC, Ford Motor Co., Garmin Ltd., General Motors Co., Michelin Group, MiX Telematics Ltd., Omnitracs LLC, Robert Bosch GmbH, Samsung Electronics Co. Ltd., TomTom International BV, Trimble Inc., Valeo SA, Verizon Communications Inc., and Visteon Corp. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Content:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 14: Chart on Americas – Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Data Table on Regional – Market size and forecast 2021-2026 ($ million)
- Exhibit 16: Chart on Americas: Year-over-year growth 2021-2026 (%)
- Exhibit 17: Data Table on Regional – Market size and forecast 2021-2026 ($ million)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 18: Five forces analysis – Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 24: Chart on Market condition – Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 25: Chart on Type – Market share 2021-2026 (%)
- Exhibit 26: Data Table on Type – Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 27: Chart on Comparison by Type
- Exhibit 28: Data Table on Comparison by Type
- 5.3 Embedded telematics – Market size and forecast 2021-2026
- Exhibit 29: Chart on Embedded telematics – Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Data Table on Embedded telematics – Market size and forecast 2021-2026 ($ million)
- Exhibit 31: Chart on Embedded telematics – Year-over-year growth 2021-2026 (%)
- Exhibit 32: Data Table on Embedded telematics – Year-over-year growth 2021-2026 (%)
- 5.4 Smartphone-based telematics – Market size and forecast 2021-2026
- Exhibit 33: Chart on Smartphone-based telematics – Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Data Table on Smartphone-based telematics – Market size and forecast 2021-2026 ($ million)
- Exhibit 35: Chart on Smartphone-based telematics – Year-over-year growth 2021-2026 (%)
- Exhibit 36: Data Table on Smartphone-based telematics – Year-over-year growth 2021-2026 (%)
- 5.5 Portable telematics – Market size and forecast 2021-2026
- Exhibit 37: Chart on Portable telematics – Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Data Table on Portable telematics – Market size and forecast 2021-2026 ($ million)
- Exhibit 39: Chart on Portable telematics – Year-over-year growth 2021-2026 (%)
- Exhibit 40: Data Table on Portable telematics – Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by Type
- Exhibit 41: Market opportunity by Type ($ million)
6 Market Segmentation by Application
- 6.1 Market segments
- Exhibit 42: Chart on Application – Market share 2021-2026 (%)
- Exhibit 43: Data Table on Application – Market share 2021-2026 (%)
- 6.2 Comparison by Application
- Exhibit 44: Chart on Comparison by Application
- Exhibit 45: Data Table on Comparison by Application
- 6.3 LCV – Market size and forecast 2021-2026
- Exhibit 46: Chart on LCV – Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on LCV – Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on LCV – Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on LCV – Year-over-year growth 2021-2026 (%)
- 6.4 M and HCVs – Market size and forecast 2021-2026
- Exhibit 50: Chart on M and HCVs – Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on M and HCVs – Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on M and HCVs – Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on M and HCVs – Year-over-year growth 2021-2026 (%)
- 6.5 Market opportunity by Application
- Exhibit 54: Market opportunity by Application ($ million)
7 Customer Landscape
- 7.1 Customer landscape overview
- Exhibit 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
- 8.1 Geographic segmentation
- Exhibit 56: Chart on Market share by geography – 2021-2026 (%)
- Exhibit 57: Data Table on Market share by geography – 2021-2026 (%)
- 8.2 Geographic comparison
- Exhibit 58: Chart on Geographic comparison
- Exhibit 59: Data Table on Geographic comparison
- 8.3 US – Market size and forecast 2021-2026
- Exhibit 60: Chart on US – Market size and forecast 2021-2026 ($ million)
- Exhibit 61: Data Table on US – Market size and forecast 2021-2026 ($ million)
- Exhibit 62: Chart on US – Year-over-year growth 2021-2026 (%)
- Exhibit 63: Data Table on US – Year-over-year growth 2021-2026 (%)
- 8.4 Canada – Market size and forecast 2021-2026
- Exhibit 64: Chart on Canada – Market size and forecast 2021-2026 ($ million)
- Exhibit 65: Data Table on Canada – Market size and forecast 2021-2026 ($ million)
- Exhibit 66: Chart on Canada – Year-over-year growth 2021-2026 (%)
- Exhibit 67: Data Table on Canada – Year-over-year growth 2021-2026 (%)
- 8.5 Rest of Americas – Market size and forecast 2021-2026
- Exhibit 68: Chart on Rest of Americas – Market size and forecast 2021-2026 ($ million)
- Exhibit 69: Data Table on Rest of Americas – Market size and forecast 2021-2026 ($ million)
- Exhibit 70: Chart on Rest of Americas – Year-over-year growth 2021-2026 (%)
- Exhibit 71: Data Table on Rest of Americas – Year-over-year growth 2021-2026 (%)
- 8.6 Market opportunity by geography
- Exhibit 72: Market opportunity by geography ($ million)
9 Drivers, Challenges, and Trends
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Exhibit 73: Impact of drivers and challenges in 2021 and 2026
- 9.4 Market trends
10 Vendor Landscape
- 10.1 Overview
- 10.2 Vendor landscape
- Exhibit 74: Overview on Criticality of inputs and Factors of differentiation
- 10.3 Landscape disruption
- Exhibit 75: Overview on factors of disruption
- 10.4 Industry risks
- Exhibit 76: Impact of key risks on business
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 77: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 78: Matrix on vendor position and classification
- 11.3 Agero Inc.
- Exhibit 79: Agero Inc. – Overview
- Exhibit 80: Agero Inc. – Product / Service
- Exhibit 81: Agero Inc. – Key offerings
- 11.4 Airbiquity Inc.
- Exhibit 82: Airbiquity Inc. – Overview
- Exhibit 83: Airbiquity Inc. – Product / Service
- Exhibit 84: Airbiquity Inc. – Key offerings
- 11.5 AT and T Inc.
- Exhibit 85: AT and T Inc. – Overview
- Exhibit 86: AT and T Inc. – Business segments
- Exhibit 87: AT and T Inc. – Key offerings
- Exhibit 88: AT and T Inc. – Segment focus
- 11.6 Continental AG
- Exhibit 89: Continental AG – Overview
- Exhibit 90: Continental AG – Business segments
- Exhibit 91: Continental AG – Key news
- Exhibit 92: Continental AG – Key offerings
- Exhibit 93: Continental AG – Segment focus
- 11.7 General Motors Co.
- Exhibit 94: General Motors Co. – Overview
- Exhibit 95: General Motors Co. – Business segments
- Exhibit 96: General Motors Co. – Key news
- Exhibit 97: General Motors Co. – Key offerings
- Exhibit 98: General Motors Co. – Segment focus
- 11.8 MiX Telematics Ltd.
- Exhibit 99: MiX Telematics Ltd. – Overview
- Exhibit 100: MiX Telematics Ltd. – Business segments
- Exhibit 101: MiX Telematics Ltd. – Key news
- Exhibit 102: MiX Telematics Ltd. – Key offerings
- Exhibit 103: MiX Telematics Ltd. – Segment focus
- 11.9 Omnitracs LLC
- Exhibit 104: Omnitracs LLC – Overview
- Exhibit 105: Omnitracs LLC – Product / Service
- Exhibit 106: Omnitracs LLC – Key offerings
- 11.10 TomTom International BV
- Exhibit 107: TomTom International BV – Overview
- Exhibit 108: TomTom International BV – Business segments
- Exhibit 109: TomTom International BV – Key offerings
- Exhibit 110: TomTom International BV – Segment focus
- 11.11 Trimble Inc.
- Exhibit 111: Trimble Inc. – Overview
- Exhibit 112: Trimble Inc. – Business segments
- Exhibit 113: Trimble Inc. – Key offerings
- Exhibit 114: Trimble Inc. – Segment focus
- 11.12 Verizon Communications Inc.
- Exhibit 115: Verizon Communications Inc. – Overview
- Exhibit 116: Verizon Communications Inc. – Business segments
- Exhibit 117: Verizon Communications Inc. – Key offerings
- Exhibit 118: Verizon Communications Inc. – Segment focus
12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Exhibit 119: Inclusions checklist
- Exhibit 120: Exclusions checklist
- 12.3 Currency conversion rates for US$
- Exhibit 121: Currency conversion rates for US$
- 12.4 Research methodology
- Exhibit 122: Research methodology
- Exhibit 123: Validation techniques employed for market sizing
- Exhibit 124: Information sources
- 12.5 List of abbreviations
- Exhibit 125: List of abbreviations
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