Technavio has been monitoring the on-board diagnostics telematics market and it is poised to grow by USD 1.74 billion during 2020-2024, progressing at a CAGR of 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global On-Board Diagnostics (OBD) Telematics Market 2020-2024 (Graphic: Business Wire)
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The market is concentrated, and the degree of concentration will accelerate during the forecast period. CalAmp Corp., Continental AG, Danlaw Inc., Delphi Technologies Plc, Geotab Inc., Intel Corp., Intelligent Mechatronic Systems Inc. (IMS), Robert Bosch GmbH, Sinocastel Co. Ltd., and Verizon Communications Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The developments in OEM fleet telematics systems have been instrumental in driving the growth of the market. However, the growing threat from embedded telematics might hamper market growth.
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On-Board Diagnostics (OBD) Telematics Market 2020-2024: Segmentation
On-Board Diagnostics (OBD) Telematics Market is segmented as below:
-
Type
- Passenger Cars
- Commercial Vehicles
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
On-Board Diagnostics (OBD) Telematics Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The on-board diagnostics (OBD) telematics market report covers the following areas:
- On-Board Diagnostics (OBD) Telematics Market Size
- On-Board Diagnostics (OBD) Telematics Market Trends
- On-Board Diagnostics (OBD) Telematics Market Industry Analysis
This study identifies government initiatives increasing the adoption of OBD telematics systems as one of the prime reasons driving the On-Board Diagnostics (OBD) Telematics Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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On-Board Diagnostics (OBD) Telematics Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist on-board diagnostics (OBD) telematics market growth during the next five years
- Estimation of the on-board diagnostics (OBD) telematics market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the on-board diagnostics (OBD) telematics market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of on-board diagnostics (OBD) telematics market, vendors
Table of Contents:
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- Passenger cars – Market size and forecast 2019-2024
- Commercial vehicles – Market size and forecast 2019-2024
- Market opportunity by Type
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver – Demand led growth
- Volume driver – Supply led growth
- Volume driver – External factors
- Volume driver – Demand shift in adjacent markets
- Price driver – Inflation
- Price driver – Shift from lower to higher priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- CalAmp Corp.
- Continental AG
- Danlaw Inc.
- Delphi Technologies Plc
- Geotab Inc.
- Intel Corp.
- Intelligent Mechatronic Systems Inc. (IMS)
- Robert Bosch GmbH
- Sinocastel Co. Ltd.
- Verizon Communications Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201204005519/en/