North America 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 North America off-highway vehicle telematics market is expected to grow from US$ 313.66 million in 2021 to US$ 465.03 million by 2028. It is estimated to grow at a CAGR of 5.8% from 2021 to 2028.
Several governments are developing strict laws to enhance the safety and security of off-highway vehicles. This includes routine inspections, timely brake servicing, and integrating electronic tools and communication systems in vehicles. The telematics system provides fleet operators with fast updates on the engine and driving performance and serves as a communication channel. Furthermore, installing telematics in heavy machinery reduces the work and time necessary for manual equipment inspection. The demand for rules in the off-highway vehicle telematics market stems from the desire to standardize equipment, improve equipment performance, and reduce accident risks throughout the construction industry. According to an Occupational Safety and Health Administration report, the US experienced roughly 15 deaths per day on average in 2019—i.e., 5,333 workers died due to machinery and equipment failure in 2019. The automakers and OEMs are implementing modern technologies such as artificial intelligence and the internet of things to increase performance and offer real-time data, reducing risk on building sites. Therefore, stringent government policies are supporting the North America off-high vehicle telematics market.
With tnew features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America off-highway vehicle telematics market at a healthy CAGR during the forecast period.
North America Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
North America Off-Highway Vehicle Telematics Market Segmentation
The North America 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 North America off-highway vehicle telematics market is segmented into the US, Canada, and Mexico.
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 North America 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. North America Off-Highway Vehicle Telematics Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America Off-Highway Vehicle Telematics Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Construction Industry
5.1.2 Strict Government Policies to increase Security and Safety of Off-Highway Vehicle
5.2 Market Restraints
5.2.1 Rising Uncertainty Among Fleet Operators
5.3 Market Opportunities
5.3.1 Surging Integration of IoT
5.4 Future Trends
5.4.1 Escalating Technological Advancements in Off-Highway Vehicle Telematics
5.5 Impact Analysis of Drivers and Restraints
6. Off-Highway Vehicle Telematics Market – North America Analysis
6.1 North America Off-Highway Vehicle Telematics Market Overview
6.2 North America Off-Highway Vehicle Telematics Market Revenue Forecast and Analysis
7. North America Off-Highway Vehicle Telematics Market Analysis – By Connectivity Type
7.1 Overview
7.2 North America 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. North America Off-Highway Vehicle Telematics Market Analysis – By Application
8.1 Overview
8.2 North America 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. North America Off-Highway Vehicle Telematics Market Analysis – By Technology
9.1 Overview
9.2 North America 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. North America Off-Highway Vehicle Telematics Market – Country Analysis
10.1 Overview
10.1.1 North America: Off-Highway Vehicle Telematics Market, by Key Country
10.1.1.1 US: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Off-Highway Vehicle Telematics Market, By Connectivity Type
10.1.1.1.2 US: Off-Highway Vehicle Telematics Market, By Application
10.1.1.1.3 US: Off-Highway Vehicle Telematics Market, By Technology
10.1.1.2 Canada: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Off-Highway Vehicle Telematics Market, By Connectivity Type
10.1.1.2.2 Canada: Off-Highway Vehicle Telematics Market, By Application
10.1.1.2.3 Canada: Off-Highway Vehicle Telematics Market, By Technology
10.1.1.3 Mexico: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Off-Highway Vehicle Telematics Market, By Connectivity Type
10.1.1.3.2 Mexico: Off-Highway Vehicle Telematics Market, By Application
10.1.1.3.3 Mexico: 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. North America Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Off-Highway Vehicle Telematics Market Revenue Share, by Key Country (2020 and 2028)
Table 3. US: Off-Highway Vehicle Telematics Market, By Connectivity Type–Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Off-Highway Vehicle Telematics Market, By Application–Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Off-Highway Vehicle Telematics Market, By Technology–Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Off-Highway Vehicle Telematics Market, By Connectivity Type–Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Off-Highway Vehicle Telematics Market, By Application–Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Off-Highway Vehicle Telematics Market, By Technology–Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Off-Highway Vehicle Telematics Market, By Connectivity Type–Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Off-Highway Vehicle Telematics Market, By Application–Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Off-Highway Vehicle Telematics Market, By Technology–Revenue and Forecast to 2028 (US$ Million)
Table 12. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Off-Highway Vehicle Telematics Market Segmentation
Figure 2. North America Off-Highway Vehicle Telematics Market Segmentation – By Country
Figure 3. North America Off-Highway Vehicle Telematics Market Overview
Figure 4. North America Off-Highway Vehicle Telematics Market, By Connectivity Type
Figure 5. North America Off-Highway Vehicle Telematics Market, By Country
Figure 6. North America PEST Analysis
Figure 7. North America Off-Highway Vehicle Telematics Market- Ecosystem Analysis
Figure 8. North America Off-Highway Vehicle Telematics Market Impact Analysis of Drivers and Restraints
Figure 9. North America Off-Highway Vehicle Telematics Market Revenue Forecast and Analysis (US$ Million)
Figure 10. North America Off-Highway Vehicle Telematics Market, By Connectivity Type (2020 And 2028)
Figure 11. North America Cellular-Based OHV telematics: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Satellite-Based OHV telematics: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. North America Off-Highway Vehicle Telematics Market, By Application (2020 and 2028)
Figure 14. North America Construction Industry OHV telematics: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Agriculture Industry OHV telematics: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Mining Industry OHV telematics: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Others: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Off-Highway Vehicle Telematics Market, By Technology (2020 and 2028)
Figure 19. North America LTE-M: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America NB-IOT: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America Sigfox: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. North America Others: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America: Off-Highway Vehicle Telematics Market, by Key Country – Revenue (2020) (US$ Million)
Figure 24. North America: Off-Highway Vehicle Telematics Market Revenue Share, by Key Country (2020 and 2028)
Figure 25. US: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Canada: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Mexico: 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 North America off-highway vehicle telematics market.
- Highlights key business priorities in order to assist companies to realign their business strategies
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America 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