Published by Coherent Market Insights
Posted on September 22, 2021
United States/WA: The APAC automotive telematics market was valued for US$ 13,644.7 Mn in 2019 is expected to exhibit a CAGR of 14.8% % during the forecast period.
Report Pages:[130 Pages]
The Competitive Area of the APAC Automotive Telematics Market is Defined by Key Players Like:–Denso Corporation, Panasonic Corporation, Clarion, Masternaut Limited, Continental AG, Qualcomm Technologies, Inc. LG Electronics, Harman International Industries, Inc., Trimble Inc., and I.D. Systems.
Automobile manufacturers are increasingly incorporating telematics systems into their new vehicles. Telematics includes a vehicle tracking device that allows sending, receiving, and storing of telemetry data., which will include idling time, location, speed, harsh acceleration, fuel consumption many more. Recently, in June 2020, Ford Commercial Solutions launched Ford Telematics, a web-based software platform, and subscription service to enable fleet managers an easy access to important connected vehicle data. Thus, such factors can bolster growth of the APAC Automotive Telematics Market.
Automotive telematics systems are used to monitor and coordinate all elements of an automobile manufacturing facility, including workforce management, maintenance, scheduling functions, vehicle telematics, driver management, tire and wheel alignment and testing, tire inflation, and diagnostic testing. Government authorities worldwide are increasingly investing in modern road and telecom infrastructure. Road and telecom infrastructure play an essential role in the development of any economy and hence it is critical to make robust investments. Such robust investment is further encouraging automobile manufacturers to incorporate advanced telematics solutions, which can reduce accidents, operating costs of vehicle, and boost service excellence. Thus, such factors can accelerate growth of the APAC automotive telematics market. Recently, in July 2021, the London Electric Vehicle Company (LEVC) launched LEVC Telematics, connected by Geotab to offer in-depth analytics of electric vehicles.
Automotive telematics also includes emissions testing, emission air cleaning equipment, engine troubleshooting, and full-body vehicle inspections. In addition, some automotive telematics systems include telematics applications for tracking fleet vehicles, tracking of driver and rider alerting and communication systems, and many other applications. The goal of automotive telematics systems is to improve productivity, efficiency, maintenance costs, and customer relations. However, there are certain factors that continue to impede the potential development of the market. For instance, high costs associated with telematics, especially for compact cars, can pose major challenges in growth of the market. Besides, there is the availability of alternative products, which could limit growth of the APAC automotive telematics market.
Request a sample copy of the report to understand the structure of the complete report:
https://www.coherentmarketinsights.com/insight/request-sample/3654
A telematics system can help vehicle owners find local repair shops. If an owner knows their vehicle’s make and model, they can easily find local companies that work on that vehicle, as well as dealers who may be selling vehicles similar to theirs. One of the major trends in the market growing integration of software platforms, which enables users to control mobile apps with voice control. Furthermore, there is growing emphasis on remote vehicle diagnostics, which could identify an electrical or mechanical problem in vehicles. The problem is transmitted to the service organization automatically.
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Coherent Market Insights
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#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post [PDF] APAC Automotive Telematics Market is gaining key traction with LEVC launched LEVC Telematics, connected by Geotab to offer in-depth analytics of electric vehicles appeared first on Gatorledger.
United States/WA: The APAC automotive telematics market was valued for US$ 13,644.7 Mn in 2019 is expected to exhibit a CAGR of 14.8% % during the forecast period.
Report Pages:[130 Pages]
The Competitive Area of the APAC Automotive Telematics Market is Defined by Key Players Like:–Denso Corporation, Panasonic Corporation, Clarion, Masternaut Limited, Continental AG, Qualcomm Technologies, Inc. LG Electronics, Harman International Industries, Inc., Trimble Inc., and I.D. Systems.
Automobile manufacturers are increasingly incorporating telematics systems into their new vehicles. Telematics includes a vehicle tracking device that allows sending, receiving, and storing of telemetry data., which will include idling time, location, speed, harsh acceleration, fuel consumption many more. Recently, in June 2020, Ford Commercial Solutions launched Ford Telematics, a web-based software platform, and subscription service to enable fleet managers an easy access to important connected vehicle data. Thus, such factors can bolster growth of the APAC Automotive Telematics Market.
Automotive telematics systems are used to monitor and coordinate all elements of an automobile manufacturing facility, including workforce management, maintenance, scheduling functions, vehicle telematics, driver management, tire and wheel alignment and testing, tire inflation, and diagnostic testing. Government authorities worldwide are increasingly investing in modern road and telecom infrastructure. Road and telecom infrastructure play an essential role in the development of any economy and hence it is critical to make robust investments. Such robust investment is further encouraging automobile manufacturers to incorporate advanced telematics solutions, which can reduce accidents, operating costs of vehicle, and boost service excellence. Thus, such factors can accelerate growth of the APAC automotive telematics market. Recently, in July 2021, the London Electric Vehicle Company (LEVC) launched LEVC Telematics, connected by Geotab to offer in-depth analytics of electric vehicles.
Automotive telematics also includes emissions testing, emission air cleaning equipment, engine troubleshooting, and full-body vehicle inspections. In addition, some automotive telematics systems include telematics applications for tracking fleet vehicles, tracking of driver and rider alerting and communication systems, and many other applications. The goal of automotive telematics systems is to improve productivity, efficiency, maintenance costs, and customer relations. However, there are certain factors that continue to impede the potential development of the market. For instance, high costs associated with telematics, especially for compact cars, can pose major challenges in growth of the market. Besides, there is the availability of alternative products, which could limit growth of the APAC automotive telematics market.
Request a sample copy of the report to understand the structure of the complete report:
https://www.coherentmarketinsights.com/insight/request-sample/3654
A telematics system can help vehicle owners find local repair shops. If an owner knows their vehicle’s make and model, they can easily find local companies that work on that vehicle, as well as dealers who may be selling vehicles similar to theirs. One of the major trends in the market growing integration of software platforms, which enables users to control mobile apps with voice control. Furthermore, there is growing emphasis on remote vehicle diagnostics, which could identify an electrical or mechanical problem in vehicles. The problem is transmitted to the service organization automatically.
Detailed Segmentation:
People Also Search For Following Reports:
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post [PDF] APAC Automotive Telematics Market is gaining key traction with LEVC launched LEVC Telematics, connected by Geotab to offer in-depth analytics of electric vehicles appeared first on Gatorledger.
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