The automotive telematics system is a device that deals with sending, receiving, and storing information regarding the vehicle and other parameters. The telematics system collects information from different on-board sensors, such as speed sensors, braking system, ADAS, airbags, transmission control system, and many other systems.
Several automobile manufacturers are focusing on equipping their mid-range vehicles with automotive telematics systems due to the rising demand for connectivity and growing awareness. It has been observed that the demand for automotive aftermarket telematics is expected to grow in Europe due to the rising adoption of mandatory security features like eCall. In addition, the improving economic conditions in APAC, especially in India and China are resulting in an increased demand for mid-range vehicles. The availability of in-vehicle infotainment panels that includes wireless connectivity and navigation systems in mid-range vehicles will drive the demand for aftermarket telematics device. Research analysis on the global automotive aftermarket telematics market identifies that the rise in in-vehicle communication options will be one of the major factors that will have a positive impact on the growth of the market.
The Global Automotive Aftermarket Telematics Market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
In the global Automotive Aftermarket Telematics Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Delphi
Geotab
Intel Corporation
TomTom International
Verizon Telematics*
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Plug and Play Telematics
Hardwired Install Telematics
In Market segmentation by applications :
Passenger vehicles
Commercial vehicles
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Automotive Aftermarket Telematics Market for the forecast period 2020 - 2026?
• What are the driving forces in the Automotive Aftermarket Telematics Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Automotive Aftermarket Telematics industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?