Automotive Telematics Market 2014-2019: Vehicle Type, Services and Global Trends Analysis

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Aug 24, 2014, 01:00 ET

DALLAS, August 24, 2014 /PRNewswire/ --

ReportsnReports.com adds "Automotive Telematics Market by Services (Safety & Security, Information & Navigation, Entertainment and Remote Diagnostics), by Type (Embedded, Tethered & Integrated), Vehicle Type (Passenger Car, HCV and LCV), and Region - Global Trends and Forecast to 2019" - an August 2014 research report spread across 297 pages. Telematics is an integration of wireless communications, location technology, and in-vehicle electronics and is used for vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), and vehicle-to-devices (V2D) communication. Using this technology, the information is either generated in the vehicle's control unit and conveyed to back office systems or alternatively, the back office systems display data such as road maps, weather forecasts, stock updates, and many more to the vehicle's control unit. Major components used in this technology are telematics control units (TCU), telematics network operations systems, and wireless communications infrastructure. The main stakeholders of telematics industry are the automotive sector, telematics service providers (TSPs), information technology, and the telecom sector including hardware manufacturers.

According to industry experts, many vehicles will continue to have various technological advancements such as integration of smartphones with the vehicle infotainment unit. This is attributed to the trend that embedded solutions will be more appealing and affordable in the near future. Even though this automotive telematics market research projects that all these services will develop over the coming years, some of these services will grow at a faster rate than others, owing to the higher demand of these services. One of such high demand services is information and navigation, which is gaining importance with time. The demand for certain services is set to be driven by legislations such as the regulations for eCall services in the European region.

The Automotive Telematics Market in Asia-Oceania is estimated to grow at a promising CAGR. It includes countries such as China, Japan, India, South Korea, and Thailand. The roadblocks for the market are identified as lack of infrastructure, lack of government initiatives, and low levels of awareness in the Asian region. The presence of major European and U.S. automobile manufacturers such as Ford, General Motors, Volkswagen, Audi, and BMW is driving the Automotive Telematics Market in Asia-Oceania. The North American region, largest automotive telematics market in the world, comprises of U.S., Mexico, and Canada. Mexico is an emerging market in this region. The United States New Car Assessment Program (US NCAP) is a flagship consumer information program by the U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA). In the coming years, US NCAP will adjust its rating system to reflect improvements in the safety features of U.S. vehicles. This will make it difficult for a vehicle to achieve top ratings unless it is equipped with safety systems, thus encouraging manufacturers to produce vehicles exceeding the minimum federal safety requirements. This is expected to positively affect the Automotive Telematics Market. Also, mandatory regulations related to telematics services will also benefit the market.

Companies profiled in this automotive telematics industry research report include Agero Inc, Airbiquity Inc, AT&T, Inc., Continental AG, Delphi Automotive PLC, Intel Corporation, Magneti Marelli S.P.A, Mix Telematics, Robert Bosch GMBH, Verizon Communications Inc, Visteon Corporation and Wirelesscar. Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=296092 .

Government Regulations Pertaining to Telematics, Decrease in the Connectivity Cost and Integration of Smartphones With Vehicles are the major market drivers discussed in this research. The restraints mentioned for the industry include Concerns Regarding Data Security and Privacy, Volatile Life Cycle of Electronic Systems and Lack of Telematics Infrastructure in Emerging Countries. Increased Adoption By Banking & Insurance Industry and Emerging Markets are opportunities mentioned for new market entrants as well as existing automotive telematics industry players. Passenger cars are the high value market for automotive telematics, information and navigation is the leading service segment for the industry whereas embedded telematics lead the telematics services market.

Other new reports on automotive market available with ReportsnReports.com include:

Automotive Multi-Wheel Drive Systems Market by Vehicle Type (Passenger Car, LCV and HCV), by System Type (Automatic AWD and Manual AWD Systems) & by Geography (Asia-Oceania, North America, Europe and ROW) - Global Trends and Forecast to 2019 is a 270 pages research report that classifies and defines the automatic and manual AWD systems market in terms of volume and value. This report provides comprehensive analysis and insights on the multi-wheel drive systems (both qualitative and quantitative). The report highlights potential growth opportunities in the coming years as well as it covers review of market drivers, restraints, growth indicators, challenges, legislation trends, market dynamics, competitive landscape, and other key aspects with respect to multi-wheel drive systems. Companies like ZF Friedrichshafen AG, Magna International Inc., Borg Warner Inc., Continental AG¸ Jtekt Corporation, American Axle Manufacturing, Eaton Corporation PLC, GKN PLC, Dana Holding Corporation and Oerlikon Inc. are profiled in the research available at http://www.reportsnreports.com/reports/296038-automotive-multi-wheel-drive-systems-market-by-vehicle-type-passenger-car-lcv-and-hcv-by-system-type-automatic-awd-and-manual-awd-systems-by-geography-asia-oceania-north-america-europe-and-row-global-trends-and-forecast-to-2019.html .

X-by-Wire Systems Market by Geography, by System Type (Shift-by-wire, Throttle-by-wire, Active Suspension (Suspension-by-Wire), Electronic Park Brake (Park-by-Wire), Fly-by-wire & Other-by-wire technologies), by Vehicle Type (Passenger & Commercial) - Global Market Trends & Forecast to 2014 to 2019 is a 180 pages research report that covers the automotive X-by-Wire systems market in terms of volume. Market size in terms of volume is provided from 2012 to 2019 in thousand units. The automotive X-by-Wire systems market is broadly classified by geography and vehicle type (North America, Europe, and Asia-Oceania), focusing on key countries in each region. Also the market is given in terms of different by-Wire technologies like Shift-by-Wire, Park-by-Wire (Electronic Park Brake), Suspension-by-Wire (Active Suspension) and Throttle-by-Wire. Companies like Continental AG, CTS Corp., Curtis Wright Corp., Infineon Technologies AG, Jaguar Land-Rover Automotive PLC, Nissan Motor Co., Orscheln Products LLC, TRW Automotive PLC, ZF Friedrichshafen AG and PSA Peugeot Citroën are profiled in the report available at http://www.reportsnreports.com/reports/295833-x-by-wire-systems-market-by-geography-by-system-type-shift-by-wire-throttle-by-wire-active-suspension-suspension-by-wire-electronic-park-brake-park-by-wire-fly-by-wire-other-by-wire-technologies-by-vehicle-type.html .

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