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Global Truck Telematics Market, By Solution (Fleet Tracking and Monitoring, Driver Management, Insurance Telematics, and Others); By Provider Type (OEM and Aftermarket) Market - Growth, Future Prospects, Post COVID-19 Scenario 2020 – 2028

Truck telematics is a combination of telecommunications and informatics. As a system, telematics receive, sends, and store data related to vehicle and driver. Truck telematics consist high fuel efficiency, security, navigation, road safety, communication, and improves maintenance and repairs. One of the main advantages of telematics data is that it's usually always-on and can be provided or accessed in near-real-time, delivering immediate and significant value to drivers, fleet owners, private third parties and regulatory authorities. Furthermore, safety Analytics helps fleet managers identify which drivers are practicing safe driving habits, and which drivers need additional training thus increasing the fuel efficiency and safety of the entire fleet. Along with that, two-way communication offered by telematics can simplifies the driving in unexpected situations on the road, such as bad weather or a major traffic jam.

Truck telematics is based on various solutions types such as fleet tracking and monitoring, driver management, insurance telematics, and others. Also, truck telematics is used by provider type such as OEM and aftermarket. Furthermore, growing applications of telematics in fleet safety & security and navigation services. Also Next Generation Telematics is a telematics protocol, designed in order to provide the delivery of end-to-end telematics services. So, the increasing adoption of Next Generation Telematics Protocol (NGPT) creates the market for the global truck telematics.

For truck telematics various players from several regions are investing significantly in manufacturing safe and advanced technology based telematics devices. Specifically, players form information technology sector is investing more amount to increase their customer vase in global market. Along with that many players are focusing on mergers and acquisitions strategy to strengthen their position in the global market. Major key players in the truck telematics market include Daimler FleetBoard GmbH, Scania AB, Teletrac Navman US Ltd, Verizon Communications Inc., Volvo Trucks, Peloton Technology, Samsara Inc., WABCO Holdings Inc., Continental AG, Bendix Commercial Vehicle Systems LLC, Trimble Transportation, and Omnitracs.

Global Truck Telematics Market, By Solution

Based on type, the truck telematics market is segmented into the following:
  • Fleet Tracking and Monitoring
  • Driver Management
  • Insurance Telematics
  • Others
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2019 and 2028:

Global Global Truck Telematics Value Share, By Solution, 2019 & 2028(% Value)


In 2019, fleet tracking and monitoring segment led the truck telematics market. This is because of the multipurpose use of the fleet tracking and monitoring; it is a management system that uses GPS tracking to monitor the activity of fleet vehicles. It is a collection of land-based assets, such as cars, trucks, field workers and powered or unpowered equipment It also plays a role in helping to coach drivers to improve fleet safety, compliance and liability. Truck fleet management platform is the most comprehensive, open, scalable and reliable telematics solution. Moreover, this system helps to avoid accidents, congestion and traffic jams, thereby increasing safety for all drivers on the road.

Global Truck Telematics Market, By Provider Type

Based on Provider Type, the Truck Telematics market is segmented into following:
  • OEM
  • Aftermarket
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2019 and 2028:

Global Global Truck Telematics Value Share, By Provider Type, 2019 & 2028(% Value)


OEM segment dominated the truck telematics market. The demand for the OEM segment is high due to increasing trend of offering OEM-embedded telematics solutions and due to their extensive foothold in manufacturing embedded modules and strong technological leadership. Along with that, the presence of leading OEM players in transportation and logistics industries increases the market for this segment. So, the OEM segment increases the demand for the truck telematics.

Global Truck Telematics Market, By Geography

Based on geography, the Truck Telematics market is segmented into following:
  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • GCC Countries
    • South Africa
    • Rest of MEA
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2019 and 2028:

Global Global Truck Telematics Value Share, By Geography, 2019 & 2028(% Value)


In 2019, truck telematics market in Europe is large. Commercial vehicle fleets play an essential role in the European economy and presence key players are some of the factors contributing to largest share of the market. Furthermore, rising demand for improved safety features in vehicles, coupled with the existence of supportive government regulations, is the key factor driving the growth of the European automotive telematics industry. In addition, factors such as technological advancements and the government policies related to vehicle and passenger safety are projected to boost the demand for automotive telematics solutions in the European countries.
Chapter 1 Preface
        1.1 Report Description
                1.1.1 Aim of the Report
                1.1.2 Report Target Audience
                1.1.3 Report Offering
        1.2 Research Scope
        1.3 Research Methodology
                1.3.1 Phase I – Secondary Research
                1.3.2 Phase II – Primary Research
                1.3.3 Phase III – Expert Panel Review
                1.3.4 Assumptions
                1.3.5 Top-Down and Bottom-Up Approach

Chapter 2 Executive Summary
        2.1 Market Snapshot: Global Truck Telematics Market
        2.2 Global Truck Telematics Market, By Solution
        2.3 Global Truck Telematics Market, By Provider Type
        2.4 Global Truck Telematics Market, By Geography

Chapter 3 Market Dynamics
        3.1 Product and Market Insights
                3.1.1 Global Truck Telematics Market Value and Growth, 2018 – 2028, (US$ Mn) (Y-o-Y %)
        3.2 Market Dynamics
                3.2.1 Growth Drivers
                3.2.2 Market Restraints
                3.2.3 Impact Analysis of Drivers and Restraints
                3.2.4 COVID-19 Impact
        3.3 Attractive Investment Proposition
        3.4 Competitive Analysis
                3.4.1 Competitive Landscape in the Truck Telematics Market

Chapter 4 Global Truck Telematics Market Analysis, By Solution
        4.1 Overview
        4.2 Fleet Tracking and Monitoring
                4.2.1 Global Fleet Tracking and Monitoring Market Value, 2018 – 2028, (US$ Mn)
        4.3 Driver Management
                4.3.1 Global Driver Management Market Value, 2018 – 2028, (US$ Mn)
        4.4 Insurance Telematics
                4.4.1 Global Insurance Telematics Market Value, 2018 – 2028, (US$ Mn)
        4.5 Others
                4.5.1 Global Others Market Value, 2018 – 2028, (US$ Mn)

Chapter 5 Global Truck Telematics Market Analysis, By Provider Type
        5.1 Overview
        5.2 OEM
                5.2.1 Global OEM Market Value, 2018 – 2028, (US$ Mn)
        5.3 Aftermarket
                5.3.1 Global Aftermarket Market Value, 2018 – 2028, (US$ Mn)

Chapter 6 North America Truck Telematics Market Analysis
        6.1 Overview
        6.2 North America Truck Telematics Market Analysis, By Solution, 2018 – 2028
                6.2.1 Market Analysis
        6.3 North America Truck Telematics Market Analysis, By Provider Type, 2018 – 2028
                6.3.1 Market Analysis
        6.4 North America Truck Telematics Market Analysis, By Country, 2018 – 2028
                6.4.1 Market Analysis
                6.4.2 U.S.
                6.4.3 Canada

Chapter 7 Europe Truck Telematics Market Analysis
        7.1 Overview
        7.2 Europe Truck Telematics Market Analysis, By Solution, 2018 – 2028
                7.2.1 Market Analysis
        7.3 Europe Truck Telematics Market Analysis, By Provider Type, 2018 – 2028
                7.3.1 Market Analysis
        7.4 Europe Truck Telematics Market Analysis, By Country, 2018 – 2028
                7.4.1 Market Analysis
                7.4.2 UK
                7.4.3 Germany
                7.4.4 France
                7.4.5 Rest of Europe

Chapter 8 Asia Pacific Truck Telematics Market Analysis
        8.1 Overview
        8.2 Asia Pacific Truck Telematics Market Analysis, By Solution, 2018 – 2028
                8.2.1 Market Analysis
        8.3 Asia Pacific Truck Telematics Market Analysis, By Provider Type, 2018 – 2028
                8.3.1 Market Analysis
        8.4 Asia Pacific Truck Telematics Market Analysis, By Country, 2018 – 2028
                8.4.1 Market Analysis
                8.4.2 China
                8.4.3 Japan
                8.4.4 India
                8.4.5 Rest of Asia Pacific

Chapter 9 Latin America Truck Telematics Market Analysis
        9.1 Overview
        9.2 Latin America Truck Telematics Market Analysis, By Solution, 2018 – 2028
                9.2.1 Market Analysis
        9.3 Latin America Truck Telematics Market Analysis, By Provider Type, 2018 – 2028
                9.3.1 Market Analysis
        9.4 Latin America Truck Telematics Market Analysis, By Country, 2018 – 2028
                9.4.1 Market Analysis
                9.4.2 Mexico
                9.4.3 Brazil
                9.4.4 Rest of Latin America

Chapter 10 Middle East and Africa (MEA) Truck Telematics Market Analysis
        10.1 Overview
        10.2 MEA Truck Telematics Market Analysis, By Solution, 2018 – 2028
                10.2.1 Market Analysis
        10.3 MEA Truck Telematics Market Analysis, By Provider Type, 2018 – 2028
                10.3.1 Market Analysis
        10.4 MEA Truck Telematics Market Analysis, By Country, 2018 – 2028
                10.4.1 Market Analysis
                10.4.2 GCC Countries
                10.4.3 South Africa
                10.4.4 Rest of MEA

Chapter 11 Company Profiles
        11.1 Daimler FleetBoard GmbH
                11.1.1 Daimler FleetBoard GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.2 Scania AB
                11.2.1 Scania AB: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.3 Teletrac Navman US Ltd
                11.3.1 Teletrac Navman US Ltd: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.4 Verizon Communications Inc.
                11.4.1 Verizon Communications Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.5 Volvo Trucks
                11.5.1 Volvo Trucks: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.6 Peloton Technology
                11.6.1 Peloton Technology: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.7 Samsara Inc.
                11.7.1 Samsara Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.8 WABCO Holdings Inc.
                11.8.1 WABCO Holdings Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.9 Continental AG
                11.9.1 Continental AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.10 Bendix Commercial Vehicle Systems LLC
                11.10.1 Bendix Commercial Vehicle Systems LLC: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
 

List of Figures

FIG. 1 Global Truck Telematics Market: Research Methodology
FIG. 2 Top-Down and Bottom Up Approach
FIG. 3 Global Truck Telematics Market, By Solution, 2020 (US$ Mn)
FIG. 4 Global Truck Telematics Market, By Provider Type, 2020 (US$ Mn)
FIG. 5 Global Truck Telematics Market, By Geography, 2020 (US$ Mn)
FIG. 6 Global Truck Telematics Market Value and Growth, 2018 – 2028, (US$ Mn) (Y-o-Y %)
FIG. 7 Attractive Investment Proposition
FIG. 8 Market Positioning of Key Truck Telematics Providers, 2020
FIG. 9 Global Truck Telematics Market Value Share, By Solution, 2020 & 2028 (% Value)
FIG. 10 Global Fleet Tracking and Monitoring Market Value, 2018 – 2028, (US$ Mn)
FIG. 11 Global Driver Management Market Value, 2018 – 2028, (US$ Mn)
FIG. 12 Global Insurance Telematics Market Value, 2018 – 2028, (US$ Mn)
FIG. 13 Global Others Market Value, 2018 – 2028, (US$ Mn)
FIG. 14 Global Truck Telematics Market Value Share, By Provider Type, 2020 & 2028 (% Value)
FIG. 15 Global OEM Market Value, 2018 – 2028, (US$ Mn)
FIG. 16 Global Aftermarket Market Value, 2018 – 2028, (US$ Mn)
FIG. 17 U.S. Truck Telematics Market Value, 2018 – 2028, (US$ Mn)
FIG. 18 Canada Truck Telematics Market Value, 2018 – 2028, (US$ Mn)
FIG. 19 UK Truck Telematics Market Value, 2018 – 2028, (US$ Mn)
FIG. 20 Germany Truck Telematics Market Value, 2018 – 2028, (US$ Mn)
FIG. 21 France Truck Telematics Market Value, 2018 – 2028, (US$ Mn)
FIG. 22 Rest of Europe Truck Telematics Market Value, 2018 – 2028, (US$ Mn)
FIG. 23 China Truck Telematics Market Value, 2018 – 2028, (US$ Mn)
FIG. 24 Japan Truck Telematics Market Value, 2018 – 2028, (US$ Mn)
FIG. 25 India Truck Telematics Market Value, 2018 – 2028, (US$ Mn)
FIG. 26 Rest of Asia Pacific Truck Telematics Market Value, 2018 – 2028, (US$ Mn)
FIG. 27 Mexico Truck Telematics Market Value, 2018 – 2028, (US$ Mn)
FIG. 28 Brazil Truck Telematics Market Value, 2018 – 2028, (US$ Mn)
FIG. 29 Rest of Latin America Truck Telematics Market Value, 2018 – 2028, (US$ Mn)
FIG. 30 GCC Countries Truck Telematics Market Value, 2018 – 2028, (US$ Mn)
FIG. 31 South Africa Truck Telematics Market Value, 2018 – 2028, (US$ Mn)
FIG. 32 Rest of MEA Truck Telematics Market Value, 2018 – 2028, (US$ Mn)
 

List of Tables

TABLE 1 Market Snapshot: Global Truck Telematics Market
TABLE 2 Impact Pointers
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America Truck Telematics Market Value, By Solution, 2018 – 2028
TABLE 5 North America Truck Telematics Market Value, By Provider Type, 2018 – 2028
TABLE 6 North America Truck Telematics Market Value, By Country, 2018 – 2028
TABLE 7 Europe Truck Telematics Market Value, By Solution, 2018 – 2028
TABLE 8 Europe Truck Telematics Market Value, By Provider Type, 2018 – 2028
TABLE 9 Europe Truck Telematics Market Value, By Country, 2018 – 2028
TABLE 10 Asia Pacific Truck Telematics Market Value, By Solution, 2018 – 2028
TABLE 11 Asia Pacific Truck Telematics Market Value, By Provider Type, 2018 – 2028
TABLE 12 Asia Pacific Truck Telematics Market Value, By Country, 2018 – 2028
TABLE 13 Latin America Truck Telematics Market Value, By Solution, 2018 – 2028
TABLE 14 Latin America Truck Telematics Market Value, By Provider Type, 2018 – 2028
TABLE 15 Latin America Truck Telematics Market Value, By Country, 2018 – 2028
TABLE 16 MEA Truck Telematics Market Value, By Solution, 2018 – 2028
TABLE 17 MEA Truck Telematics Market Value, By Provider Type, 2018 – 2028
TABLE 18 MEA Truck Telematics Market Value, By Country, 2018 – 2028
TABLE 19 Daimler FleetBoard GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 20 Scania AB: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 21 Teletrac Navman US Ltd: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 22 Verizon Communications Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 23 Volvo Trucks: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 24 Peloton Technology: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 25 Samsara Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 26 WABCO Holdings Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 27 Continental AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 28 Bendix Commercial Vehicle Systems LLC: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
 
No Methodology
No Available