Vehicle Telematics Hardware Market By Type (2G, 3G, 4G, 5G) , By Application (Passenger Car, Commercial Vehicle) : Global Opportunity Analysis and Industry Forecast, 2024-2033

Description

Vehicle Telematics Hardware Market

The vehicle telematics hardware market was valued at $91.3 million in 2023 and is projected to reach $244.3 million by 2033, growing at a CAGR of 10.6% from 2024 to 2033.

Vehicle telematics hardware comprises the equipment and physical elements pertaining to telematics systems of automotives. Telematics is a system of vehicle tracking technology that facilitates seamless communication between vehicles and external systems, providing critical information about vehicle performance. Different components of vehicle telematics hardware include GPS receiver, control unit, communication module, sensors, and data storage solutions. The hardware forms the bedrock for the establishment of competent telematics systems which facilitate vehicle safety and connectivity.

With the implementation of indispensable regulatory measures regarding the integration of telematics systems, the demand for vehicle telematics hardware is witnessing a notable surge in the market. In addition, rapid surge in urbanization has boosted the requirement for efficient road traffic management through telematics solutions, driving the growth of the vehicle telematics hardware market. Furthermore, surge in demand for fleet management services is propelling the market development. In recent times, the trend of video telematics is gaining prominence in the vehicle telematics hardware market. Manufacturers are striving to develop efficient camera systems with advanced attributes such as cloud connectivity, driver surveillance, 360° video capturing, and AI assistance.

However, the procurement and installation of telematics hardware requires significant expenses, which deters several budget-sensitive vehicle owners and small-scale fleet management operators from investing in them. This factor acts as a major restraint for the development of the vehicle telematics hardware market. Moreover, lack of efficient connectivity infrastructure in rural areas hampers the growth of the market. Despite the restraints, surge in awareness among individuals regarding vehicle safety is boosting the deployment of telematics and presenting lucrative opportunities for the market expansion. Statistica, a global data and business intelligence platform, predicts more than 400 million connected cars to be under operation by 2025. This figure is anticipated to be amplified in the coming future, presenting new avenues for market development.

Segment Review

The vehicle telematics hardware market is segmented into type, application, and region. On the basis of type, the market is divided into 2G, 3G, 4G, and 5G. As per application, it is bifurcated into passenger car and commercial vehicle. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings

On the basis of type, the 4G segment dominated the market in 2023.

As per application, the commercial vehicle segment acquired a high stake in the market in 2023.

Region wise, North America was the highest revenue generator in 2023.

Competition Analysis

The major players of the global vehicle telematics hardware market include ACTIA, Aptiv PLC, BOSCH, Continental AG, Denso Corporation, Harman, Lear Corporation, LG Electronics Inc., Marelli, Valeo, Visteon, Zonar, Omnitracs, Brigade, Nauto, ALD Automotive, Danlaw, Astrata Group, Samsara, and Cal Amp. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, to strengthen their foothold in the competitive market.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
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15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
Free data Pack on the Five and Enterprise User License. (Excel version of the report)
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24-hour priority response*
Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

Investment Opportunities
Market share analysis of players by products/segments
New Product Development/ Product Matrix of Key Players
Key player details (including location, contact details, supplier/vendor network etc. in excel format)
Market share analysis of players at global/region/country level

Key Market Segments

By Type

By Application

Passenger Car
Commercial Vehicle

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- Spain
- UK
- Russia
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Thailand
- Malaysia
- Indonesia
- Rest of Asia-Pacific
LAMEA
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Argentina
- Rest of LAMEA

Key Market Players:

ACTIA
Aptiv PLC
BOSCH
Continental AG
Denso Corporation
Harman
Lear Corporation
LG Electronics Inc.
Marelli
Valeo
Visteon
Zonar
Omnitracs
Brigade
Nauto
ALD Automotive
Danlaw
Astrata Group
Samsara
Cal Amp

Product Code: A325042

CHAPTER 1: INTRODUCTION

1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
- 1.4.1. Primary Research
- 1.4.2. Secondary Research
- 1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET LANDSCAPE

3.1. Market Definition and Scope
3.2. Key Findings
- 3.2.1. Top Investment Pockets
- 3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
- 3.3.1. Bargaining Power of Suppliers
- 3.3.2. Threat of New Entrants
- 3.3.3. Threat of Substitutes
- 3.3.4. Competitive Rivalry
- 3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities

CHAPTER 4: VEHICLE TELEMATICS HARDWARE MARKET, BY TYPE

4.1. Market Overview
- 4.1.1 Market Size and Forecast, By Type
4.2. 2G
- 4.2.1. Key Market Trends, Growth Factors and Opportunities
- 4.2.2. Market Size and Forecast, By Region
- 4.2.3. Market Share Analysis, By Country
4.3. 3G
- 4.3.1. Key Market Trends, Growth Factors and Opportunities
- 4.3.2. Market Size and Forecast, By Region
- 4.3.3. Market Share Analysis, By Country
4.4. 4G
- 4.4.1. Key Market Trends, Growth Factors and Opportunities
- 4.4.2. Market Size and Forecast, By Region
- 4.4.3. Market Share Analysis, By Country
4.5. 5G
- 4.5.1. Key Market Trends, Growth Factors and Opportunities
- 4.5.2. Market Size and Forecast, By Region
- 4.5.3. Market Share Analysis, By Country

CHAPTER 5: VEHICLE TELEMATICS HARDWARE MARKET, BY APPLICATION

5.1. Market Overview
- 5.1.1 Market Size and Forecast, By Application
5.2. Passenger Car
- 5.2.1. Key Market Trends, Growth Factors and Opportunities
- 5.2.2. Market Size and Forecast, By Region
- 5.2.3. Market Share Analysis, By Country
5.3. Commercial Vehicle
- 5.3.1. Key Market Trends, Growth Factors and Opportunities
- 5.3.2. Market Size and Forecast, By Region
- 5.3.3. Market Share Analysis, By Country

CHAPTER 6: VEHICLE TELEMATICS HARDWARE MARKET, BY REGION

6.1. Market Overview
- 6.1.1 Market Size and Forecast, By Region
6.2. North America
- 6.2.1. Key Market Trends and Opportunities
- 6.2.2. Market Size and Forecast, By Type
- 6.2.3. Market Size and Forecast, By Application
- 6.2.4. Market Size and Forecast, By Country
- 6.2.5. U.S. Vehicle Telematics Hardware Market
  - 6.2.5.1. Market Size and Forecast, By Type
  - 6.2.5.2. Market Size and Forecast, By Application
- 6.2.6. Canada Vehicle Telematics Hardware Market
  - 6.2.6.1. Market Size and Forecast, By Type
  - 6.2.6.2. Market Size and Forecast, By Application
- 6.2.7. Mexico Vehicle Telematics Hardware Market
  - 6.2.7.1. Market Size and Forecast, By Type
  - 6.2.7.2. Market Size and Forecast, By Application
6.3. Europe
- 6.3.1. Key Market Trends and Opportunities
- 6.3.2. Market Size and Forecast, By Type
- 6.3.3. Market Size and Forecast, By Application
- 6.3.4. Market Size and Forecast, By Country
- 6.3.5. France Vehicle Telematics Hardware Market
  - 6.3.5.1. Market Size and Forecast, By Type
  - 6.3.5.2. Market Size and Forecast, By Application
- 6.3.6. Germany Vehicle Telematics Hardware Market
  - 6.3.6.1. Market Size and Forecast, By Type
  - 6.3.6.2. Market Size and Forecast, By Application
- 6.3.7. Italy Vehicle Telematics Hardware Market
  - 6.3.7.1. Market Size and Forecast, By Type
  - 6.3.7.2. Market Size and Forecast, By Application
- 6.3.8. Spain Vehicle Telematics Hardware Market
  - 6.3.8.1. Market Size and Forecast, By Type
  - 6.3.8.2. Market Size and Forecast, By Application
- 6.3.9. UK Vehicle Telematics Hardware Market
  - 6.3.9.1. Market Size and Forecast, By Type
  - 6.3.9.2. Market Size and Forecast, By Application
- 6.3.10. Russia Vehicle Telematics Hardware Market
  - 6.3.10.1. Market Size and Forecast, By Type
  - 6.3.10.2. Market Size and Forecast, By Application
- 6.3.11. Rest of Europe Vehicle Telematics Hardware Market
  - 6.3.11.1. Market Size and Forecast, By Type
  - 6.3.11.2. Market Size and Forecast, By Application
6.4. Asia-Pacific
- 6.4.1. Key Market Trends and Opportunities
- 6.4.2. Market Size and Forecast, By Type
- 6.4.3. Market Size and Forecast, By Application
- 6.4.4. Market Size and Forecast, By Country
- 6.4.5. China Vehicle Telematics Hardware Market
  - 6.4.5.1. Market Size and Forecast, By Type
  - 6.4.5.2. Market Size and Forecast, By Application
- 6.4.6. Japan Vehicle Telematics Hardware Market
  - 6.4.6.1. Market Size and Forecast, By Type
  - 6.4.6.2. Market Size and Forecast, By Application
- 6.4.7. India Vehicle Telematics Hardware Market
  - 6.4.7.1. Market Size and Forecast, By Type
  - 6.4.7.2. Market Size and Forecast, By Application
- 6.4.8. South Korea Vehicle Telematics Hardware Market
  - 6.4.8.1. Market Size and Forecast, By Type
  - 6.4.8.2. Market Size and Forecast, By Application
- 6.4.9. Australia Vehicle Telematics Hardware Market
  - 6.4.9.1. Market Size and Forecast, By Type
  - 6.4.9.2. Market Size and Forecast, By Application
- 6.4.10. Thailand Vehicle Telematics Hardware Market
  - 6.4.10.1. Market Size and Forecast, By Type
  - 6.4.10.2. Market Size and Forecast, By Application
- 6.4.11. Malaysia Vehicle Telematics Hardware Market
  - 6.4.11.1. Market Size and Forecast, By Type
  - 6.4.11.2. Market Size and Forecast, By Application
- 6.4.12. Indonesia Vehicle Telematics Hardware Market
  - 6.4.12.1. Market Size and Forecast, By Type
  - 6.4.12.2. Market Size and Forecast, By Application
- 6.4.13. Rest of Asia-Pacific Vehicle Telematics Hardware Market
  - 6.4.13.1. Market Size and Forecast, By Type
  - 6.4.13.2. Market Size and Forecast, By Application
6.5. LAMEA
- 6.5.1. Key Market Trends and Opportunities
- 6.5.2. Market Size and Forecast, By Type
- 6.5.3. Market Size and Forecast, By Application
- 6.5.4. Market Size and Forecast, By Country
- 6.5.5. Brazil Vehicle Telematics Hardware Market
  - 6.5.5.1. Market Size and Forecast, By Type
  - 6.5.5.2. Market Size and Forecast, By Application
- 6.5.6. South Africa Vehicle Telematics Hardware Market
  - 6.5.6.1. Market Size and Forecast, By Type
  - 6.5.6.2. Market Size and Forecast, By Application
- 6.5.7. Saudi Arabia Vehicle Telematics Hardware Market
  - 6.5.7.1. Market Size and Forecast, By Type
  - 6.5.7.2. Market Size and Forecast, By Application
- 6.5.8. UAE Vehicle Telematics Hardware Market
  - 6.5.8.1. Market Size and Forecast, By Type
  - 6.5.8.2. Market Size and Forecast, By Application
- 6.5.9. Argentina Vehicle Telematics Hardware Market
  - 6.5.9.1. Market Size and Forecast, By Type
  - 6.5.9.2. Market Size and Forecast, By Application
- 6.5.10. Rest of LAMEA Vehicle Telematics Hardware Market
  - 6.5.10.1. Market Size and Forecast, By Type
  - 6.5.10.2. Market Size and Forecast, By Application

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top Winning Strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top Player Positioning, 2023

CHAPTER 8: COMPANY PROFILES

8.1. ACTIA
- 8.1.1. Company Overview
- 8.1.2. Key Executives
- 8.1.3. Company Snapshot
- 8.1.4. Operating Business Segments
- 8.1.5. Product Portfolio
- 8.1.6. Business Performance
- 8.1.7. Key Strategic Moves and Developments
8.2. Aptiv PLC
- 8.2.1. Company Overview
- 8.2.2. Key Executives
- 8.2.3. Company Snapshot
- 8.2.4. Operating Business Segments
- 8.2.5. Product Portfolio
- 8.2.6. Business Performance
- 8.2.7. Key Strategic Moves and Developments
8.3. BOSCH
- 8.3.1. Company Overview
- 8.3.2. Key Executives
- 8.3.3. Company Snapshot
- 8.3.4. Operating Business Segments
- 8.3.5. Product Portfolio
- 8.3.6. Business Performance
- 8.3.7. Key Strategic Moves and Developments
8.4. Continental AG
- 8.4.1. Company Overview
- 8.4.2. Key Executives
- 8.4.3. Company Snapshot
- 8.4.4. Operating Business Segments
- 8.4.5. Product Portfolio
- 8.4.6. Business Performance
- 8.4.7. Key Strategic Moves and Developments
8.5. Denso Corporation
- 8.5.1. Company Overview
- 8.5.2. Key Executives
- 8.5.3. Company Snapshot
- 8.5.4. Operating Business Segments
- 8.5.5. Product Portfolio
- 8.5.6. Business Performance
- 8.5.7. Key Strategic Moves and Developments
8.6. Harman
- 8.6.1. Company Overview
- 8.6.2. Key Executives
- 8.6.3. Company Snapshot
- 8.6.4. Operating Business Segments
- 8.6.5. Product Portfolio
- 8.6.6. Business Performance
- 8.6.7. Key Strategic Moves and Developments
8.7. Lear Corporation
- 8.7.1. Company Overview
- 8.7.2. Key Executives
- 8.7.3. Company Snapshot
- 8.7.4. Operating Business Segments
- 8.7.5. Product Portfolio
- 8.7.6. Business Performance
- 8.7.7. Key Strategic Moves and Developments
8.8. LG Electronics Inc.
- 8.8.1. Company Overview
- 8.8.2. Key Executives
- 8.8.3. Company Snapshot
- 8.8.4. Operating Business Segments
- 8.8.5. Product Portfolio
- 8.8.6. Business Performance
- 8.8.7. Key Strategic Moves and Developments
8.9. Marelli
- 8.9.1. Company Overview
- 8.9.2. Key Executives
- 8.9.3. Company Snapshot
- 8.9.4. Operating Business Segments
- 8.9.5. Product Portfolio
- 8.9.6. Business Performance
- 8.9.7. Key Strategic Moves and Developments
8.10. Valeo
- 8.10.1. Company Overview
- 8.10.2. Key Executives
- 8.10.3. Company Snapshot
- 8.10.4. Operating Business Segments
- 8.10.5. Product Portfolio
- 8.10.6. Business Performance
- 8.10.7. Key Strategic Moves and Developments
8.11. Visteon
- 8.11.1. Company Overview
- 8.11.2. Key Executives
- 8.11.3. Company Snapshot
- 8.11.4. Operating Business Segments
- 8.11.5. Product Portfolio
- 8.11.6. Business Performance
- 8.11.7. Key Strategic Moves and Developments
8.12. Zonar
- 8.12.1. Company Overview
- 8.12.2. Key Executives
- 8.12.3. Company Snapshot
- 8.12.4. Operating Business Segments
- 8.12.5. Product Portfolio
- 8.12.6. Business Performance
- 8.12.7. Key Strategic Moves and Developments
8.13. Omnitracs
- 8.13.1. Company Overview
- 8.13.2. Key Executives
- 8.13.3. Company Snapshot
- 8.13.4. Operating Business Segments
- 8.13.5. Product Portfolio
- 8.13.6. Business Performance
- 8.13.7. Key Strategic Moves and Developments
8.14. Brigade
- 8.14.1. Company Overview
- 8.14.2. Key Executives
- 8.14.3. Company Snapshot
- 8.14.4. Operating Business Segments
- 8.14.5. Product Portfolio
- 8.14.6. Business Performance
- 8.14.7. Key Strategic Moves and Developments
8.15. Nauto
- 8.15.1. Company Overview
- 8.15.2. Key Executives
- 8.15.3. Company Snapshot
- 8.15.4. Operating Business Segments
- 8.15.5. Product Portfolio
- 8.15.6. Business Performance
- 8.15.7. Key Strategic Moves and Developments
8.16. ALD Automotive
- 8.16.1. Company Overview
- 8.16.2. Key Executives
- 8.16.3. Company Snapshot
- 8.16.4. Operating Business Segments
- 8.16.5. Product Portfolio
- 8.16.6. Business Performance
- 8.16.7. Key Strategic Moves and Developments
8.17. Danlaw
- 8.17.1. Company Overview
- 8.17.2. Key Executives
- 8.17.3. Company Snapshot
- 8.17.4. Operating Business Segments
- 8.17.5. Product Portfolio
- 8.17.6. Business Performance
- 8.17.7. Key Strategic Moves and Developments
8.18. Astrata Group
- 8.18.1. Company Overview
- 8.18.2. Key Executives
- 8.18.3. Company Snapshot
- 8.18.4. Operating Business Segments
- 8.18.5. Product Portfolio
- 8.18.6. Business Performance
- 8.18.7. Key Strategic Moves and Developments
8.19. Samsara
- 8.19.1. Company Overview
- 8.19.2. Key Executives
- 8.19.3. Company Snapshot
- 8.19.4. Operating Business Segments
- 8.19.5. Product Portfolio
- 8.19.6. Business Performance
- 8.19.7. Key Strategic Moves and Developments
8.20. Cal Amp
- 8.20.1. Company Overview
- 8.20.2. Key Executives
- 8.20.3. Company Snapshot
- 8.20.4. Operating Business Segments
- 8.20.5. Product Portfolio
- 8.20.6. Business Performance
- 8.20.7. Key Strategic Moves and Developments