Asia Pacific Off-Highway Vehicle Telematics Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Connectivity Type (Cellular-Based OHV Telematics and Satellite-Based OHV Telematics), Application (Construction Industry OHV Telematics, Agriculture Industry OHV Telematics, Mining Industry OHV Telematics, and Others), and Technology (LTE-M, NB-IoT, Sigfox, and Others)
The APAC off-highway vehicle telematics market is expected to grow from US$ 178.97 million in 2021 to US$ 301.66 million by 2028. It is estimated to grow at a CAGR of 7.7% from 2021 to 2028.
The construction industry's rapid digital transformation urges the adoption of new technologies that offer new prospects for the off-highway vehicle telematics market. Construction equipment telematics helps companies track their equipment's location and performance, monitor asset utilization, and verify that assets are being used effectively. If equipment is underutilized, it might be moved to another location where it is needed. This is how telematics for construction equipment improves overall efficiency. Furthermore, rising construction activity in both private and public sectors is likely to improve the market over the forecast period. Several infrastructure-related projects are underway or planned in several countries across the region. For instance, the Government of India allotted a budget of US$ 1.12 billion for the current fiscal year as part of the 'One Hundred Smart Cities' program in the Union Budget of 2014–2015. Moreover, the government plans to invest US$ 650 billion in various urban and infrastructural projects throughout the country over the next 20 years. The rapid rise in infrastructure projects is likely to increase demand for construction equipment, driving the APAC off-highway vehicle telematics market.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC off-highway vehicle telematics market at a healthy CAGR during the forecast period.
APAC Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
APAC Off-Highway Vehicle Telematics Market Segmentation
The APAC off-highway vehicle telematics market is analyzed on the basis of connectivity type, application, technology, and country. Based on connectivity type, the market is segmented into cellular-based OHV telematics and satellite-based OHV telematics. The cellular-based OHV telematics segment dominated the market in 2020, and the satellite-based OHV telematics segment is expected to report the fastest growth during the forecast period. In terms of application, the market is segmented into construction industry OHV telematics, agriculture industry OHV telematics, mining industry OHV telematics, and others. The construction industry OHV telematics segment dominated the market in 2020, and the agriculture industry OHV telematics segment is expected to report the fastest growth during the forecast period. Based on technology, the market is segmented into LTE-M, NB-IoT, Sigfox, and others. The LTE-M segment dominated the market in 2020, and the same segment is expected to report the fastest growth during the forecast period. Based on country, the APAC off-highway vehicle telematics market is segmented into China, India, Japan, South Korea, Australia, and the Rest of APAC.
ACTIA Group; Omnitracs, LLC; ORBCOMM Inc.; Stoneridge, Inc.; Teletrac Navman; TomTom; Telematics BV; Trackunit A/S; TTControl GmbH; Wacker Neuson SE; and Zonar Systems Inc. are the leading companies in the APAC off-highway vehicle telematics market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Off-Highway Vehicle Telematics Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. APAC Off-Highway Vehicle Telematics Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Escalating Construction Industry
5.1.2 Government Policies To increase Security and Safety of Off-Highway Vehicle
5.2 Market Restraints
5.2.1 Surging Uncertainty Among Fleet Operators
5.3 Market Opportunities
5.3.1 Increasing Integration of IoT
5.4 Future Trends
5.4.1 Growing Technological Advancements in Off-Highway Vehicle Telematics
5.5 Impact Analysis of Drivers and Restraints
6. Off-Highway Vehicle Telematics Market – APAC Analysis
6.1 APAC Off-Highway Vehicle Telematics Market Overview
6.2 APAC Off-Highway Vehicle Telematics Market Revenue Forecast and Analysis
7. APAC Off-Highway Vehicle Telematics Market Analysis – By Connectivity Type
7.1 Overview
7.2 APAC Off-Highway Vehicle Telematics Market, By Connectivity Type (2020 And 2028)
7.3 Cellular-Based OHV telematics
7.3.1 Overview
7.3.2 Cellular-Based OHV telematics: Off-Highway Vehicle Telematics Market Revenue and Forecast To 2028 (US$ Million)
7.4 Satellite-Based OHV telematics
7.4.1 Overview
7.4.2 Satellite-Based OHV telematics: Off-Highway Vehicle Telematics Market Revenue and Forecast To 2028 (US$ Million)
8. APAC Off-Highway Vehicle Telematics Market Analysis – By Application
8.1 Overview
8.2 APAC Off-Highway Vehicle Telematics Market, By Application (2020 And 2028)
8.3 Construction Industry OHV telematics
8.3.1 Overview
8.3.2 Construction Industry OHV telematics: Off-Highway Vehicle Telematics Market Revenue and Forecast To 2028 (US$ Million)
8.4 Agriculture Industry OHV telematics
8.4.1 Overview
8.4.2 Agriculture Industry OHV telematics: Off-Highway Vehicle Telematics Market Revenue and Forecast To 2028 (US$ Million)
8.5 Mining Industry OHV telematics
8.5.1 Overview
8.5.2 Mining Industry OHV telematics: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
9. APAC Off-Highway Vehicle Telematics Market Analysis – By Technology
9.1 Overview
9.2 APAC Off-Highway Vehicle Telematics Market, By Technology (2020 and 2028)
9.3 LTE-M
9.3.1 Overview
9.3.2 LTE-M: Off-Highway Vehicle Telematics Market Revenue and Forecast To 2028 (US$ Million)
9.4 NB-IOT
9.4.1 Overview
9.4.2 NB-IoT: Off-Highway Vehicle Telematics Market Revenue and Forecast To 2028 (US$ Million)
9.5 SIGFOX
9.5.1 Overview
9.5.2 Sigfox: Off-Highway Vehicle Telematics Market Revenue and Forecast To 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Off-Highway Vehicle Telematics Market Revenue and Forecast To 2028 (US$ Million)
10. APAC Off-Highway Vehicle Telematics Market – Country Analysis
10.1 Overview
10.1.1 APAC: Off-Highway Vehicle Telematics Market, by Key Country
10.1.1.1 Australia: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Australia: Off-Highway Vehicle Telematics Market, By Connectivity Type
10.1.1.1.2 Australia: Off-Highway Vehicle Telematics Market, By Application
10.1.1.1.3 Australia: Off-Highway Vehicle Telematics Market, By Technology
10.1.1.2 China: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 China: Off-Highway Vehicle Telematics Market, By Connectivity Type
10.1.1.2.2 China: Off-Highway Vehicle Telematics Market, By Application
10.1.1.2.3 China: Off-Highway Vehicle Telematics Market, By Technology
10.1.1.3 India: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 India: Off-Highway Vehicle Telematics Market, By Connectivity Type
10.1.1.3.2 India: Off-Highway Vehicle Telematics Market, By Application
10.1.1.3.3 India: Off-Highway Vehicle Telematics Market, By Technology
10.1.1.4 Japan: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Japan: Off-Highway Vehicle Telematics Market, By Connectivity Type
10.1.1.4.2 Japan: Off-Highway Vehicle Telematics Market, By Application
10.1.1.4.3 Japan: Off-Highway Vehicle Telematics Market, By Technology
10.1.1.5 South Korea: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 South Korea: Off-Highway Vehicle Telematics Market, By Connectivity Type
10.1.1.5.2 South Korea: Off-Highway Vehicle Telematics Market, By Application
10.1.1.5.3 South Korea: Off-Highway Vehicle Telematics Market, By Technology
10.1.1.6 Rest of APAC: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of APAC: Off-Highway Vehicle Telematics Market, By Connectivity Type
10.1.1.6.2 Rest of APAC: Off-Highway Vehicle Telematics Market, By Application
10.1.1.6.3 Rest of APAC: Off-Highway Vehicle Telematics Market, By Technology
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.4 New Development
12. Company Profiles
12.1 Wacker Neuson SE
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Stoneridge , Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 TTControl GmbH
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Omnitracs, LLC
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 ORBCOMM Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Trackunit A/S
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 TomTom Telematics BV
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Zonar Systems Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Teletrac Navman
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 ACTIA Group
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. APAC Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Table 2. APAC: Off-Highway Vehicle Telematics Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia: Off-Highway Vehicle Telematics Market, By Connectivity Type– Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia: Off-Highway Vehicle Telematics Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 5. Australia: Off-Highway Vehicle Telematics Market, By Technology–Revenue and Forecast to 2028 (US$ Million)
Table 6. China: Off-Highway Vehicle Telematics Market, By Connectivity Type– Revenue and Forecast to 2028 (US$ Million)
Table 7. China: Off-Highway Vehicle Telematics Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 8. China: Off-Highway Vehicle Telematics Market, By Technology–Revenue and Forecast to 2028 (US$ Million)
Table 9. India: Off-Highway Vehicle Telematics Market, By Connectivity Type– Revenue and Forecast to 2028 (US$ Million)
Table 10. India: Off-Highway Vehicle Telematics Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 11. India: Off-Highway Vehicle Telematics Market, By Technology–Revenue and Forecast to 2028 (US$ Million)
Table 12. Japan: Off-Highway Vehicle Telematics Market, By Connectivity Type– Revenue and Forecast to 2028 (US$ Million)
Table 13. Japan: Off-Highway Vehicle Telematics Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 14. Japan: Off-Highway Vehicle Telematics Market, By Technology–Revenue and Forecast to 2028 (US$ Million)
Table 15. South Korea: Off-Highway Vehicle Telematics Market, By Connectivity Type– Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea: Off-Highway Vehicle Telematics Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 17. South Korea: Off-Highway Vehicle Telematics Market, By Technology–Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of APAC: Off-Highway Vehicle Telematics Market, By Connectivity Type– Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of APAC: Off-Highway Vehicle Telematics Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of APAC: Off-Highway Vehicle Telematics Market, By Technology–Revenue and Forecast to 2028 (US$ Million)
Table 21. List of Abbreviation
LIST OF FIGURES
Figure 1. APAC Off-Highway Vehicle Telematics Market Segmentation
Figure 2. APAC Off-Highway Vehicle Telematics Market Segmentation – By Country
Figure 3. APAC Off-Highway Vehicle Telematics Market Overview
Figure 4. APAC Off-Highway Vehicle Telematics Market, By Connectivity Type
Figure 5. APAC Off-Highway Vehicle Telematics Market, By Country
Figure 6. APAC – PEST Analysis
Figure 7. APAC Off-Highway Vehicle Telematics Market- Ecosystem Analysis
Figure 8. APAC Off-Highway Vehicle Telematics Market Impact Analysis of Drivers and Restraints
Figure 9. APAC Off-Highway Vehicle Telematics Market Revenue Forecast and Analysis (US$ Million)
Figure 10. APAC Off-Highway Vehicle Telematics Market, By Connectivity Type (2020 And 2028)
Figure 11. APAC Cellular-Based OHV telematics: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. APAC Satellite-Based OHV telematics: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. APAC Off-Highway Vehicle Telematics Market, By Application (2020 and 2028)
Figure 14. APAC Construction Industry OHV telematics: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. APAC Agriculture Industry OHV telematics: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. APAC Mining Industry OHV telematics: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. APAC Others: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. APAC Off-Highway Vehicle Telematics Market, By Technology (2020 and 2028)
Figure 19. APAC LTE-M: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. APAC NB-IOT: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. APAC Sigfox: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. APAC Others: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. APAC: Off-Highway Vehicle Telematics Market, by Key Country – Revenue (2020) (US$ Million)
Figure 24. APAC: Off-Highway Vehicle Telematics Market Revenue Share, by Key Country (2020 and 2028)
Figure 25. Australia: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. China: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. India: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Japan: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. South Korea: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Rest of APAC: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
- ACTIA Group
- Omnitracs, LLC
- ORBCOMM Inc.
- Stoneridge, Inc.
- Teletrac Navman
- TomTom Telematics BV
- Trackunit A/S
- TTControl GmbH
- Wacker Neuson SE
- Zonar Systems Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC off-highway vehicle telematics market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the APAC off-highway vehicle telematics market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the off-highway vehicle telematics market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution