Construction & Heavy Equipment Telematics Market by Solution (Asset Tracking, Diagnostics, Fleet Safety), Industry (Construction, Mining, Tractor), Technology, Hardware, Form Factor, Vehicle Category & Region - Global Forecast to 2026
[223 Pages Report] The global construction and heavy equipment telematics market size is projected to reach USD 1,498 million by 2026, from an estimated value of USD 676 million in 2021, at a CAGR of 17.2%. Increase in demand for telematics solutions in off-highway equipment and government mandates on safety and security of off-highway equipment are the driving factors that are expected to boost the construction and heavy equipment telematics market.
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COVID-19 Impact on Market
The COVID-19 pandemic has disrupted markets on a global scale. The off-highway industry is experiencing an uncertain recovery timeline due to the introduction of various mutants of the virus in certain parts of the world. The pandemic has had a considerable impact on the telematics solution providers’ revenue. Construction, agriculture, and mining applications are considered as essential services. Countries have focused on maintaining the operations of the off-highway industry. Government mandates on safety and security of off-highway equipment and Increase in demand for telematics solutions in off-highway equipment are expected to drive the market. With the advent of new mutants of the COVID-19 disease, its impact on the off-highway industry and economies of global countries may jolt the market in 2021.
The construction & heavy equipment telematics market is likely to witness a significant increase in demand with developments in various services and automated technologies along with connectivity advancements. Majority of OEMs are making efforts to design and develop various services that meet end-user requirements. Also, these OEMs aim to develop fully automated equipment that could increase the demand for telematics services.
Market Dynamics
DRIVER: Government mandates on safety and security of off-highway equipment
Governments across the globe are now focusing on making off-highway equipment safer and more efficient. As of now, many regional governments are focusing on deploying vehicle tracking in heavy vehicles. These vehicles are now equipped with a tracking device, Closed-Circuit Television (CCTV)-based surveillance system, and one or more emergency buttons, which would be fitted by the manufacturer. The major factor behind this mandate is safety. Since remote-tracking enables authorities to track any vehicle that deviates from its route, it helps authorities take corrective actions. Governments are increasingly aware of the need to use telematics technology in the long run, and hence, deployment planning and deploying phases have been initiated and are expected to be completed within a planned time.
RESTRAINT: Cost sensitivity of fleet owners
Cost sensitivity of fleet owners is a major hurdle in the deployment of advanced fleet management technologies. The installation of a fleet management system includes the installation of tracking devices, networking hardware components, and navigation devices in every fleet vehicle. This is very likely to incur high installation and deployment costs for small organizations. The cost sensitivity is not only limited to SMEs but also to large organizations. Large organizations have a comparatively higher fleet budget than SMEs, but they too are affected by various factors such as rising fuel cost, driver fatigue, and high insurance cost, owing to the high-end and larger number of fleets. On the other hand, small and medium fleet owners face a cash crunch and have limited budgets for the installation and deployment of advanced fleet management solutions and services. They usually do not need advanced fleet management features and stick to basic fleet management solutions that offer vehicle tracking and other basic reporting features. This cost-sensitive nature, along with the lack of awareness about the benefits of advanced fleet management technologies, is a major restraint in the adoption of emerging fleet technologies such as cloud-based fleet management and driver management solutions.
OPPORTUNITY: ELD mandate for construction and mining equipment
In the off-highway industry, ELD has been mandated for any self-propelled or towed motored vehicles such as dump trucks and cement mixers. Agriculture equipment have been exempted up to some extent in the new rule. An ELD synchronizes with a vehicle engine to automatically record the driving time for easier and more accurate Hours of Service (HOS) recording. ELD is expected to replace paper logs and an earlier type of recorder, known as Automatic On-Board Recording Device (AOBRD). This mandate has opened a new revenue stream for telematics providers. As per information by existing vendors, around 3 million vehicles are likely to be impacted. This has propelled the need for introducing new products and services, which are scalable to meet the present as well as future requirements. For instance, in October 2019, ORBCOMM announced its ELD in Spanish and French-Canadian versions, expanding its market reach to fleet customers in new geographic regions. It provides complete visibility, monitoring, and management of drivers, vehicles, and displays and helps fleets improve safety records, increase productivity, reduce operating costs, enhance fuel efficiency, and retain drivers. Similarly, Fleetmatics, a SaaS fleet management provider, announced the Logbook application for iOS. This application would automatically record the HOS once the driver logs in and starts driving, and the application will be updated based on future regulatory requirements. Vendors are now becoming ELD-ready and offering ELD solutions and services.
CHALLENGE: Lack of data security and privacy concerns
The data generated from a vehicle is communicated through a wireless medium for further interpretation and analysis to avail valuable information. The entire telematics-based communication involves multiple stages from designing, development, and integration till the implementation phase. The information should reach the destination at the right time with precision. The gathered information is analyzed and used in multiple instances to meet government regulations (safety-related features), maintenance and repairs reports, accident alerts, navigation, and weather. However, increased connectivity of equipment to the external world via the internet exposes the equipment to potential risks. For instance, Trimble’s products may contain undetected errors, product defects, security vulnerabilities or software errors. Computer hackers, foreign governments or cyber-terrorists attempt to or succeed in penetrating network security and website. Unauthorized access to Trimble’s proprietary business information or customer data may be obtained through break-ins, sabotage, breach of a secure network by an unauthorized party, computer viruses, computer denial-of-service attacks, employee theft or misuse, breach of the security of the networks of its third-party providers, and other misconduct. Plenty of generated data needs to be regulated with tighter policies to ensure data security. Off-highway OEMs are expected to play an important role in this regard.
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By technology, cellular is projected to be the largest market during the forecast period
The cellular segment is projected to dominate the technology market during the forecast period. While 4G connectivity is widely used for communication, some regional governments are planning to implement 5G connectivity for more effective and faster communication. Tier-I companies are entering strategic collaborations to develop 5G technology for data communication in the automotive industry. The newer and faster technologies, such as 4G LTE or upcoming 5G (in the near future), are expected to drive the telematics market. The growing developments in 5G technology, coupled with increased sales of off-highway equipment, are expected to drive the telematics market. However, the lack of standardization and concerns over data privacy and security may hinder the growth of the telematics solutions market in the future.
New sales of the off-highway equipment to drive the integrated form
Integrated form is expected to be the largest market. The integrated form of telematics solution enables the driver or operator to access features and services safely with the help of integrated devices such as smartphones. In this, the smartphone apps are integrated into the equipment by allowing the user to access various solutions. The integrated cluster provides UI selection function according to driver preference and improves safety and convenience.
Construction industry to drive penetration of telematics in construction & heavy equipment telematics market
The use of telematics solutions such as asset tracking, diagnostics, fleet safety, and fleet performance reporting, is increasing in off-highway applications. The construction industry accounts for the largest share of all NRMM considered in the study. Construction equipment telematics allows construction firms to track both the location and performance of equipment. It enables them to monitor construction equipment utilization and ensure that assets are being used efficiently. If equipment is going underused, it can be transferred across to another site where it may be needed. This is how construction equipment telematics boosts overall efficiency. Construction telematics also improves reliability and reduces the risk of unscheduled equipment downtime by simplifying the maintenance process. As performance is monitored continuously, i.e., from fuel consumption or mechanical issues, faults are easier to detect and resolve with the help of telematics. As OEMs continue to equip telematics-enabled equipment, the penetration of telematics in the construction industry is expected to increase, which would drive the construction & heavy equipment telematics market in the near future.
North America is estimated to be the largest market during the forecast period
The North American off-highway industry is one of the promising industries at a global level. The region is home to several OEMs such as Caterpillar and John Deere and telematics solutions providers like Verizon, Trimble, Geotab, and Sierra Wireless. The US is the largest market in the region and accounts for more than 70% of the overall market, followed by Canada and Mexico. The market is dominated by Verizon and Trimble as these companies focus on strategic partnerships or collaborations with leading OEMs. The demand for telematics solutions is expected to increase in the region due to strong penetration of telematics coupled with 5G connectivity, which will support advanced telematics solutions for the off-highway industry.
Key Market Players
The global construction & heavy equipment telematics market is dominated by players, such as Verizon (US), Trimble Inc. (US), Topcon Corporation (Japan), Hexagon AB (Sweden), and Robert Bosch (Germany). These players have adopted strategies such as new product launches, partnerships, supply orders, expansions, and acquisitions to increase their share and diversify and strengthen their business networks in the construction and heavy equipment telematics market.
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|
Report Metric |
Details |
|
Market size available for years |
2019–2026 |
|
Base year considered |
2020 |
|
Forecast period |
2021–2026 |
|
Forecast units |
Value (USD Million) |
|
Segments covered |
By solution, industry, technology, hardware, form factor, vehicle category, and region |
|
Geographies covered |
Asia Pacific, Europe, North America, and Rest of the World |
|
Companies covered |
Verizon (US), Trimble Inc. (US), Topcon Corporation (Japan), Hexagon AB (Sweden), and Robert Bosch GmbH (Germany) |
This study segments the construction & heavy equipment telematics market and forecasts the market size based on solution [asset tracking, fuel management, fleet performance reporting, navigation, diagnostics, equipment/fleet maintenance, fleet safety, and others (equipment utilization and geo-fencing)]; industry (construction, agriculture, and mining); technology (cellular and satellite); hardware (telematics control unit and infotainment display unit); form factor (embedded, integrated, and tethered); vehicle category (new sales and existing fleet); and region (Asia Pacific, Europe, North America, and Rest of the World).
By Solution
- Asset tracking
- Fuel management
- Fleet performance reporting
- Navigation
- Diagnostics
- Equipment/fleet maintenance
- Fleet safety
- Others (equipment utilization and geo fencing)
By Industry
- Construction
- Agriculture
- Mining
By Technology
- Cellular
- Satellite
By Form Factor
- Embedded
- Integrated
- Tethered
By Hardware
- Telematics control unit
- Infotainment display unit
By Vehicle Category
- New sales
- Fleet
By Region
- Asia Pacific
- Europe
- North America
- Rest of the World
Recent Developments
- In April 2021, Orbcomm entered a definitive agreement to be acquired by GI Partners, a leading US-based investor in data infrastructure businesses, in an all-cash transaction that values ORBCOMM at approximately USD 1.1 billion, including net debt. The investment by GI Partners will support ORBCOMM’s strong momentum in the industrial IoT.
- In March 2021, CalAmp launched an intuitive user interface (UI) for its CalAmp iOn™ fully integrated solution for fleet and asset management that delivers the right insights, to the right staff, at the right time for commercial, government and construction organizations.
- In February 2021, Trimble introduced its Trimble® SX12 Scanning Total Station, the next iteration of its 3D scanning total station that captures data for surveying, engineering, and geospatial professionals. New features, including a high-power laser pointer and high-resolution camera system, expand capabilities in surveying and complex 3D modeling and enable new workflows in tunneling and underground mining.
- In June 2020, Hexagon’s Mining division and Proudfoot partnered to provide the world’s leading mining companies a safety-driven solution to accelerate their chase of zero-harm. By combining safety technology with a proven people-centric change methodology, the partnership helps de-risk mine operations so that the equipment is protected and everyone goes home safely.
- In November 2019, Topcon Corporation released the world's first GTL-1000 total station equipped with a rotary laser scanner. It can change the total station and scanner at the same time, reducing the time and work required for the point cloud measurement by half. Through the development and sales of products, the company will contribute to the construction industry by improving productivity of construction sites.
Frequently Asked Questions (FAQ):
What is the current size of the global construction and heavy equipment telematics market?
The global construction and heavy equipment telematics market is estimated to be USD 676 million in 2021, with North America dominating the market.
How is the global construction and heavy equipment telematics market shaping up? What role has COVID-19 played in the market?
The off-highway industry initially witnessed a considerable impact due to the COVID-19 pandemic, including owners, developers, contractors, subcontractors, and supply chain vendors. However, as several off-highway applications fall under essential services the outlook for construction and heavy equipment telematics market remains positive.
Many companies are operating in the construction and heavy equipment telematics market space across the globe. Do you know who are the front leaders, and what strategies have been adopted by them?
The construction and heavy equipment telematics market is dominated by established players such as Verizon (US), Trimble Inc. (US), Topcon Corporation (Japan), Hexagon AB (Sweden), and Robert Bosch GmbH (Germany). These companies adopted various strategies, such as new product developments, partnerships, acquisitions, expansions, supply contracts, collaborations, and agreements, to gain traction in the construction and heavy equipment telematics market.
How does the demand for telematics solutions vary by region?
The growth of the construction and heavy equipment telematics market is dependent on their use in end-use industry and the penetration of telematics. Regions with large construction spending or mining and agriculture activities would have more demand for telematics solutions such as in North America. Demand for such solutions is less in Asia Pacific region because of lower penetration of telematics.
Which are the key technologies at present in the construction and heavy equipment telematics market? How would the demand shift in future?
Telematics is a communication technology for the construction and heavy equipment industry based on information flowing to and generated from equipment via wireless networks. It is the convergence of wireless communications, location technology, and in-equipment electronics pushing the off-highway industry into the information age. Some of the critical components of technologies include satellite, asset, telecom company, internet, and user. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 20)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET/PRODUCT DEFINITION
1.3 INCLUSIONS & EXCLUSIONS
1.4 MARKET SCOPE
FIGURE 1 CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS MARKET SEGMENTATION
FIGURE 2 MARKET: BY REGION
1.5 CURRENCY
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. - 24)
2.1 RESEARCH DATA
FIGURE 3 RESEARCH DESIGN
FIGURE 4 RESEARCH METHODOLOGY MODEL
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources to estimate construction and heavy equipment telematics market
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, & REGION
2.1.2.1 List of primary participants
2.2 MARKET ESTIMATION METHODOLOGY
FIGURE 6 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
2.2.1 BOTTOM-UP APPROACH
FIGURE 7 CONSTRUCTION AND HEAVY EQUIPMENT TELEMATICS MARKET SIZE: BOTTOM-UP APPROACH (INDUSTRY AND REGION)
2.2.2 TOP-DOWN APPROACH
FIGURE 8 CONSTRUCTION AND HEAVY EQUIPMENT TELEMATICS MARKET SIZE: TOP-DOWN APPROACH (COUNTRY AND SOLUTION)
FIGURE 9 CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS MARKET: RESEARCH DESIGN & METHODOLOGY
2.2.3 FACTOR ANALYSIS FOR MARKET SIZING & GROWTH: DEMAND AND SUPPLY-SIDE
2.3 DATA TRIANGULATION
FIGURE 10 DATA TRIANGULATION METHODOLOGY
2.4 RESEARCH ASSUMPTIONS
2.4.1 GLOBAL ASSUMPTIONS
TABLE 1 GLOBAL ASSUMPTIONS
2.4.2 MARKET ASSUMPTIONS
TABLE 2 MARKET ASSUMPTIONS
2.5 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 37)
3.1 PRE- AND POST-COVID-19 SCENARIO
FIGURE 11 PRE- AND POST-COVID-19 SCENARIO: CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS MARKET, 2021–2026 (USD MILLION)
TABLE 3 MARKET: PRE- VS. POST-COVID-19 SCENARIO, 2020–2025 (USD MILLION)
3.2 REPORT SUMMARY
FIGURE 12 MARKET OUTLOOK
FIGURE 13 MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
4 PREMIUM INSIGHTS (Page No. - 41)
4.1 CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS MARKET OVERVIEW
FIGURE 14 LUCRATIVE OPPORTUNITIES IN MARKET, 2021 VS. 2026 (USD MILLION)
4.2 MARKET, BY SOLUTION
FIGURE 15 ASSET TRACKING TO BE THE MOST ATTRACTIVE TELEMATICS SOLUTION DURING FORECAST PERIOD (USD MILLION)
4.3 MARKET, BY TECHNOLOGY
FIGURE 16 CELLULAR SEGMENT TO LEAD DURING FORECAST PERIOD (USD MILLION)
4.4 MARKET, BY INDUSTRY
FIGURE 17 CONSTRUCTION INDUSTRY TO HOLD LARGEST MARKET SHARE FROM 2021 TO 2026 (USD MILLION)
4.5 MARKET, BY FORM FACTOR
FIGURE 18 INTEGRATED SEGMENT TO DOMINATE MARKET (USD MILLION)
4.6 MARKET, BY HARDWARE
FIGURE 19 INFOTAINMENT DISPLAY UNIT TO ACCOUNT FOR LARGEST MARKET VALUE (USD MILLION)
4.7 MARKET, BY VEHICLE CATEGORY
FIGURE 20 EXISTING FLEET SEGMENT TO BE THE LARGEST MARKET DURING FORECAST PERIOD (USD MILLION)
4.8 MARKET, BY REGION
FIGURE 21 ASIA PACIFIC MARKET TO BE FASTEST MARKET BY 2026 (USD MILLION)
5 MARKET OVERVIEW (Page No. - 46)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 22 CONSTRUCTION AND HEAVY EQUIPMENT TELEMATICS MARKET: MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Increasing demand for telematics in off-highway equipment
TABLE 4 GLOBAL OFF-HIGHWAY EQUIPMENT SALES, BY INDUSTRY, 2018-2020 (UNITS)
5.2.1.2 Government mandates on safety and security of off-highway equipment
5.2.2 RESTRAINTS
5.2.2.1 Cost sensitivity of fleet owners
5.2.2.2 Complete network coverage and elimination of blind spots
5.2.3 OPPORTUNITIES
5.2.3.1 ELD mandate for construction and mining equipment
5.2.3.2 Standards for autonomous mining equipment
5.2.4 CHALLENGES
5.2.4.1 Lack of data security and privacy concerns
5.2.4.2 Lack of standardization
5.3 CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS MARKET, COVID-19 IMPACT – SCENARIO ANALYSIS (2019–2026)
FIGURE 23 MARKET SCENARIO 2019–2026 (USD MILLION)
5.3.1 MARKET, MOST LIKELY SCENARIO
TABLE 5 MARKET (MOST LIKELY), BY REGION, 2018–2026 (USD MILLION)
5.3.2 MARKET, OPTIMISTIC SCENARIO
TABLE 6 MARKET (OPTIMISTIC), BY REGION, 2018–2026 (USD MILLION)
5.3.3 MARKET, PESSIMISTIC SCENARIO
TABLE 7 MARKET (PESSIMISTIC), BY REGION, 2018–2026 (USD MILLION)
5.4 PORTER’S FIVE FORCES
5.4.1 MARKET
TABLE 8 PORTERS 5 FORCES: IMPACT ON THE MARKET
FIGURE 24 PORTER’S FIVE FORCES ANALYSIS: MARKET
5.4.1.1 Threat of new entrants
5.4.1.2 Threat of substitutes
5.4.1.3 Bargaining power of suppliers
5.4.1.4 Bargaining power of buyers
5.4.1.5 Intensity of competition rivalry
5.5 SAFETY & REGULATORY LANDSCAPE
TABLE 9 ADVANTAGES OF ELECTRONIC LOGGING DEVICES
5.6 ECOSYSTEM MAP
TABLE 10 MARKET: ECOSYSTEM
FIGURE 25 KEY PLAYERS IN THE MARKET ECOSYSTEM
5.7 PATENT ANALYSIS
5.8 TECHNOLOGY ANALYSIS
FIGURE 26 MARKET: TECHNOLOGY ANALYSIS
5.9 CASE STUDY
5.9.1 CONSTRUCTION
5.9.2 OFF-ROAD TRUCK AND EQUIPMENT RENTAL
5.10 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS
6 CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS MARKET, BY SOLUTION (Page No. - 64)
6.1 INTRODUCTION
6.1.1 RESEARCH METHODOLOGY
6.1.2 ASSUMPTIONS
TABLE 11 ASSUMPTIONS: BY SOLUTION
6.1.3 INDUSTRY INSIGHTS
FIGURE 27 MARKET, BY SOLUTION, 2021 VS. 2026 (USD MILLION)
TABLE 12 MARKET, BY SOLUTION, 2019–2026 (USD MILLION)
6.2 ASSET TRACKING
6.2.1 NEED TO TRACK ASSET PERFORMANCE TO DRIVE THE SEGMENT
TABLE 13 ASSET TRACKING: MARKET, BY REGION, 2019–2026 (USD MILLION)
6.3 FUEL MANAGEMENT
6.3.1 MINING ACTIVITIES TO DRIVE DEMAND THE SEGMENT
TABLE 14 FUEL MANAGEMENT: MARKET, BY REGION, 2019–2026 (USD MILLION)
6.4 FLEET PERFORMANCE REPORTING
6.4.1 IMPORTANCE OF DATA COLLECTION & ANALYSIS TO DRIVE THE SEGMENT
TABLE 15 FLEET PERFORMANCE REPORTING: MARKET, BY REGION, 2019–2026 (USD MILLION)
6.5 NAVIGATION
6.5.1 ADVANCED NAVIGATION SERVICES TO DRIVE THE SEGMENT
TABLE 16 NAVIGATION: MARKET, BY REGION, 2019–2026 (USD MILLION)
6.6 DIAGNOSTICS
6.6.1 NEED TO IMPROVE MAINTENANCE TO DRIVE THE SEGMENT
TABLE 17 DIAGNOSTICS: MARKET, BY REGION, 2019–2026 (USD MILLION)
6.7 EQUIPMENT/FLEET MAINTENANCE
6.7.1 EXISTING FLEET TO DRIVE THE SEGMENT
TABLE 18 EQUIPMENT/FLEET MAINTENANCE: MARKET, BY REGION, 2019–2026 (USD MILLION)
6.8 FLEET SAFETY
6.8.1 ADVANCED INSIGHTS ON DRIVER SAFETY TO DRIVE THE SEGMENT
TABLE 19 FLEET SAFETY: MARKET, BY REGION, 2019–2026 (USD MILLION)
6.9 OTHERS
6.9.1 DEVELOPED ECONOMIES LIKELY TO HAVE HIGHER PENETRATION OF OTHER SOLUTIONS
TABLE 20 OTHERS: MARKET, BY REGION, 2019–2026 (USD MILLION)
7 CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS MARKET, BY INDUSTRY (Page No. - 73)
7.1 INTRODUCTION
7.1.1 RESEARCH METHODOLOGY
7.1.2 ASSUMPTIONS
TABLE 21 ASSUMPTIONS: BY INDUSTRY
7.1.3 INDUSTRY INSIGHTS
FIGURE 28 MARKET, BY INDUSTRY, 2021 VS. 2026 (USD MILLION)
TABLE 22 MARKET, BY INDUSTRY, 2019–2026 (USD MILLION)
7.2 CONSTRUCTION
7.2.1 SPENDING IN NORTH AMERICA TO DRIVE THE SEGMENT
TABLE 23 CONSTRUCTION EQUIPMENT TELEMATICS MARKET, BY REGION, 2019–2026 (USD MILLION)
7.3 AGRICULTURE
7.3.1 AGRICULTURE ACTIVITIES IN ASIA PACIFIC TO DRIVE THE SEGMENT
TABLE 24 AGRICULTURE TRACTOR TELEMATICS MARKET, BY REGION, 2019–2026 (USD MILLION)
7.4 MINING
7.4.1 TELEMATICS ADOPTION IN ROW COUNTRIES TO DRIVE THE SEGMENT
TABLE 25 MINING EQUIPMENT TELEMATICS MARKET, BY REGION, 2019–2026 (USD MILLION)
8 CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS MARKET, BY HARDWARE (Page No. - 79)
8.1 INTRODUCTION
8.1.1 RESEARCH METHODOLOGY
8.1.2 ASSUMPTIONS
TABLE 26 ASSUMPTIONS: BY HARDWARE
8.1.3 INDUSTRY INSIGHTS
FIGURE 29 MARKET, BY HARDWARE, 2021 VS. 2026 (USD MILLION)
TABLE 27 MARKET, BY HARDWARE, 2019–2026 (USD MILLION)
8.2 TELEMATICS CONTROL UNIT
8.2.1 EMBEDDED FORM TO DRIVE THE SEGMENT
TABLE 28 TELEMATICS CONTROL UNIT MARKET FOR CONSTRUCTION & HEAVY EQUIPMENT, BY REGION, 2019–2026 (USD MILLION)
8.3 INFOTAINMENT DISPLAY UNIT
8.3.1 REDUCTION IN COST OF HIGH-END AUDIO/VIDEO INTERFACE TO DRIVE THE SEGMENT
TABLE 29 INFOTAINMENT DISPLAY UNIT MARKET FOR CONSTRUCTION & HEAVY EQUIPMENT, BY REGION, 2019–2026 (USD MILLION)
9 CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS MARKET, BY FORM FACTOR (Page No. - 84)
9.1 INTRODUCTION
9.1.1 RESEARCH METHODOLOGY
9.1.2 ASSUMPTIONS
TABLE 30 ASSUMPTIONS: BY FORM FACTOR
9.1.3 INDUSTRY INSIGHTS
FIGURE 30 MARKET, BY FORM FACTOR, 2021 VS. 2026 (USD MILLION)
TABLE 31 MARKET, BY FORM FACTOR, 2019–2026 (USD MILLION)
9.2 EMBEDDED
9.2.1 REDUCTION IN PRICE OF SERVICE PLANS AND TELEMATICS REGULATIONS TO DRIVE THE SEGMENT
TABLE 32 EMBEDDED CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS MARKET, BY REGION, 2019–2026 (USD MILLION)
9.3 TETHERED
9.3.1 EASY INSTALLATION OF TETHERED FORM IN EXISTING FLEET TO DRIVE THE SEGMENT
TABLE 33 TETHERED CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS MARKET, BY REGION, 2019–2026 (USD MILLION)
9.4 INTEGRATED
9.4.1 NEW SALES OF OFF-HIGHWAY EQUIPMENT TO DRIVE THE SEGMENT
TABLE 34 INTEGRATED CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS MARKET, BY REGION, 2019–2026 (USD MILLION)
10 CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS MARKET, BY TECHNOLOGY (Page No. - 90)
10.1 INTRODUCTION
10.1.1 RESEARCH METHODOLOGY
10.1.2 ASSUMPTIONS
TABLE 35 ASSUMPTIONS: BY TECHNOLOGY
10.1.3 INDUSTRY INSIGHTS
FIGURE 31 MARKET, BY TECHNOLOGY, 2021 VS. 2026 (USD MILLION)
TABLE 36 MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
10.2 CELLULAR
10.2.1 5G CONNECTIVITY TO DRIVE THE SEGMENT
TABLE 37 CELLULAR: MARKET, BY REGION, 2019–2026 (USD MILLION)
10.3 SATELLITE
10.3.1 REMOTE OFF-HIGHWAY APPLICATIONS TO DRIVE THE SEGMENT
TABLE 38 SATELLITE: MARKET, BY REGION, 2019–2026 (USD MILLION)
11 CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS MARKET, BY VEHICLE CATEGORY (Page No. - 95)
11.1 INTRODUCTION
11.1.1 RESEARCH METHODOLOGY
11.1.2 ASSUMPTIONS
TABLE 39 ASSUMPTIONS: BY VEHICLE CATEGORY
11.1.3 INDUSTRY INSIGHTS
FIGURE 32 MARKET, BY VEHICLE CATEGORY, 2021 VS. 2026 (USD MILLION)
TABLE 40 MARKET, BY VEHICLE CATEGORY, 2019–2026 (USD MILLION)
11.2 NEW SALES
11.2.1 INCREASING PENETRATION OF TELEMATICS IN NEW SALES TO DRIVE THE SEGMENT
TABLE 41 NEW SALES: MARKET, BY REGION, 2019–2026 (USD MILLION)
11.3 EXISTING FLEET
11.3.1 HIGHER PENETRATION OF TELEMATICS IN CONSTRUCTION & MINING FLEET TO DRIVE THE SEGMENT
TABLE 42 EXISTING FLEET: CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS MARKET, BY REGION, 2019–2026 (USD MILLION)
12 CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS MARKET, BY REGION (Page No. - 100)
12.1 INTRODUCTION
12.1.1 RESEARCH METHODOLOGY
12.1.2 ASSUMPTIONS
TABLE 43 ASSUMPTIONS: BY REGION
12.1.3 INDUSTRY INSIGHTS
FIGURE 33 MARKET, BY REGION, 2021 VS. 2026
TABLE 44 MARKET, BY REGION, 2019–2026 (USD MILLION)
12.2 NORTH AMERICA
FIGURE 34 NORTH AMERICA SNAPSHOT: CONSTRUCTION AND HEAVY EQUIPMENT TELEMATICS MARKET
TABLE 45 NORTH AMERICA: MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
12.2.1 US
12.2.1.1 Off-highway equipment sales to drive the market
TABLE 46 US: MARKET, BY SOLUTION, 2019–2026 (USD MILLION)
12.2.2 CANADA
12.2.2.1 Focus of OEMs on strategic collaborations to drive the market
TABLE 47 CANADA: MARKET, BY SOLUTION, 2019–2026 (USD MILLION)
12.2.3 MEXICO
12.2.3.1 Asset tracking and real-time traffic information features to drive the market
TABLE 48 MEXICO: MARKET, BY SOLUTION, 2019–2026 (USD MILLION)
12.3 EUROPE
FIGURE 35 EUROPE SNAPSHOT: CONSTRUCTION AND HEAVY EQUIPMENT TELEMATICS MARKET
TABLE 49 EUROPE: MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
12.3.1 GERMANY
12.3.1.1 New sales of telematics-enabled equipment to drive the market
TABLE 50 GERMANY: MARKET, BY SOLUTION, 2019–2026 (USD MILLION)
12.3.2 FRANCE
12.3.2.1 New sales of construction equipment to drive the market
TABLE 51 FRANCE: MARKET, BY SOLUTION, 2019–2026 (USD MILLION)
12.3.3 UK
12.3.3.1 Agriculture growth to drive the market
TABLE 52 UK: MARKET, BY SOLUTION, 2019–2026 (USD MILLION)
12.3.4 ITALY
12.3.4.1 Local telematics solution providers to drive the market
TABLE 53 ITALY: MARKET, BY SOLUTION, 2019–2026 (USD MILLION)
12.3.5 SPAIN
12.3.5.1 Telematics solutions for construction fleet to drive the market
TABLE 54 SPAIN: MARKET, BY SOLUTION, 2019–2026 (USD MILLION)
12.3.6 RUSSIA
12.3.6.1 Thriving mining industry to drive the market
TABLE 55 RUSSIA: MARKET, BY SOLUTION, 2019–2026 (USD MILLION)
12.3.7 REST OF EUROPE
TABLE 56 REST OF EUROPE: MARKET, BY SOLUTION, 2019–2026 (USD MILLION)
12.4 ASIA PACIFIC
FIGURE 36 ASIA PACIFIC: CONSTRUCTION AND HEAVY EQUIPMENT TELEMATICS MARKET
TABLE 57 ASIA PACIFIC: MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
12.4.1 JAPAN
12.4.1.1 Highest penetration of telematics to drive the market
TABLE 58 JAPAN: MARKET, BY SOLUTION, 2019–2026 (USD MILLION)
12.4.2 CHINA
12.4.2.1 5G deployment in China for telematics solutions to drive the market
TABLE 59 CHINA: MARKET, BY SOLUTION, 2019–2026 (USD MILLION)
12.4.3 INDIA
12.4.3.1 Existing fleets to drive the market
TABLE 60 INDIA: MARKET, BY SOLUTION, 2019–2026 (USD MILLION)
12.4.4 SOUTH KOREA
12.4.4.1 Demand for embedded telematics to drive the market
TABLE 61 SOUTH KOREA: MARKET, BY SOLUTION, 2019–2026 (USD MILLION)
12.4.5 REST OF ASIA PACIFIC
TABLE 62 REST OF ASIA PACIFIC: MARKET, BY SOLUTION, 2019–2026 (USD MILLION)
12.5 REST OF THE WORLD
FIGURE 37 REST OF THE WORLD: CONSTRUCTION AND HEAVY EQUIPMENT TELEMATICS MARKET
TABLE 63 REST OF THE WORLD: MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
12.5.1 SOUTH AFRICA
12.5.1.1 Low-cost telematics solutions by local players to drive the market
TABLE 64 SOUTH AFRICA: MARKET, BY SOLUTION, 2019–2026 (USD MILLION)
12.5.2 BRAZIL
12.5.2.1 Mining industry to drive the market
TABLE 65 BRAZIL: MARKET, BY SOLUTION, 2019–2026 (USD MILLION)
12.5.3 OTHERS
TABLE 66 OTHERS: MARKET, BY SOLUTION, 2019–2026 (USD MILLION)
13 COMPETITIVE LANDSCAPE (Page No. - 126)
13.1 OVERVIEW
13.2 RIGHT TO WIN
FIGURE 38 RIGHTS TO WIN - DETAILS ON KEY DEVELOPMENTS BY LEADING PLAYERS
13.3 MARKET SHARE & RANKING ANALYSIS FOR CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS MARKET
TABLE 67 MARKET STRUCTURE, 2020
FIGURE 39 CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS OE MARKET SHARE & RANKING ANALYSIS, 2020
13.4 REVENUE ANALYSIS OF KEY LISTED/PUBLIC PLAYERS
FIGURE 40 TOP LISTED/PUBLIC PLAYERS DOMINATING MARKET IN LAST 3 YEARS
13.5 COMPETITIVE SCENARIO
13.5.1 NEW PRODUCT LAUNCHES
TABLE 68 PRODUCT LAUNCHES, 2017–2021
13.5.2 DEALS
TABLE 69 DEALS, 2017–2021
13.5.3 EXPANSIONS, 2018
TABLE 70 EXPANSIONS, 2018
13.6 COMPETITIVE LEADERSHIP MAPPING FOR CONSTRUCTION AND HEAVY EQUIPMENT TELEMATICS MARKET
13.6.1 STARS
13.6.2 EMERGING LEADERS
13.6.3 PERVASIVE
13.6.4 PARTICIPANTS
FIGURE 41 CONSTRUCTION AND HEAVY EQUIPMENT TELEMATICS MARKET: COMPETITIVE LEADERSHIP MAPPING, 2020
TABLE 71 CONSTRUCTION AND HEAVY EQUIPMENT TELEMATICS MARKET: COMPANY FOOTPRINT, 2020
TABLE 72 CONSTRUCTION AND HEAVY EQUIPMENT TELEMATICS MARKET: COMPANY INDUSTRY FOOTPRINT, 2020
TABLE 73 CONSTRUCTION AND HEAVY EQUIPMENT TELEMATICS MARKET: COMPANY REGION FOOTPRINT, 2020
14 COMPANY PROFILES (Page No. - 156)
(Business overview, Products offered, Recent developments & MnM View)*
14.1 CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS MARKET – KEY PLAYERS
14.1.1 VERIZON
TABLE 74 VERIZON: BUSINESS OVERVIEW
FIGURE 42 VERIZON: COMPANY SNAPSHOT
TABLE 75 VERIZON – PRODUCT LAUNCHES
TABLE 76 VERIZON – DEALS
14.1.2 TRIMBLE INC.
TABLE 77 TRIMBLE INC.: BUSINESS OVERVIEW
FIGURE 43 TRIMBLE INC.: COMPANY SNAPSHOT
TABLE 78 TRIMBLE INC. – PRODUCT LAUNCHES
TABLE 79 TRIMBLE INC. – DEALS
14.1.3 TOPCON CORPORATION
TABLE 80 TOPCON CORPORATION: BUSINESS OVERVIEW
FIGURE 44 TOPCON CORPORATION: COMPANY SNAPSHOT
TABLE 81 TOPCON CORPORATION – PRODUCT LAUNCHES
TABLE 82 TOPCON CORPORATION – DEALS
14.1.4 HEXAGON AB
TABLE 83 HEXAGON AB: BUSINESS OVERVIEW
FIGURE 45 HEXAGON AB: COMPANY SNAPSHOT
TABLE 84 HEXAGON AB – PRODUCT LAUNCHES
TABLE 85 HEXAGON AB – DEALS
14.1.5 ROBERT BOSCH GMBH
TABLE 86 ROBERT BOSCH GMBH: BUSINESS OVERVIEW
FIGURE 46 ROBERT BOSCH GMBH: COMPANY SNAPSHOT
TABLE 87 ROBERT BOSCH GMBH – PRODUCT LAUNCHES
TABLE 88 ROBERT BOSCH GMBH – DEALS
TABLE 89 ROBERT BOSCH GMBH – OTHERS
14.1.6 WEBFLEET SOLUTIONS
TABLE 90 WEBFLEET SOLUTIONS (BRIDGESTONE): BUSINESS OVERVIEW
FIGURE 47 BRIDGESTONE: COMPANY SNAPSHOT
TABLE 91 WEBFLEET SOLUTIONS – PRODUCT LAUNCHES
TABLE 92 WEBFLEET – DEALS
14.1.7 SIERRA WIRELESS
TABLE 93 SIERRA WIRELESS: BUSINESS OVERVIEW
FIGURE 48 SIERRA WIRELESS: COMPANY SNAPSHOT
TABLE 94 SIERRA WIRELESS – PRODUCT LAUNCHES
TABLE 95 SIERRA WIRELESS – DEALS
14.1.8 ORBCOMM
TABLE 96 ORBCOMM: BUSINESS OVERVIEW
FIGURE 49 ORBCOMM: COMPANY SNAPSHOT
TABLE 97 ORBCOMM – PRODUCT LAUNCHES
TABLE 98 ORBCOMM – DEALS
14.1.9 CALAMP CORP.
TABLE 99 CALAMP CORP.: BUSINESS OVERVIEW
FIGURE 50 CALAMP CORP.: COMPANY SNAPSHOT
TABLE 100 CALAMP CORP. – PRODUCT LAUNCHES
TABLE 101 CALAMP CORP. – DEALS
14.1.10 ACTIA GROUP
TABLE 102 ACTIA GROUP: BUSINESS OVERVIEW
FIGURE 51 ACTIA GROUP: COMPANY SNAPSHOT
TABLE 103 ACTIA GROUP – DEALS
TABLE 104 ACTIA GROUP – OTHER
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
14.2 ADDITIONAL COMPANIES
14.2.1 NORTH AMERICA
14.2.1.1 Geotab Inc.
14.2.1.2 Zonar Systems
14.2.1.3 The Morey Corporation
14.2.1.4 Teletrac Navman Inc.
14.2.1.5 Heavy Construction Systems Specialists
14.2.1.6 Wireless Links
14.2.1.7 LHP Telematics
14.2.1.8 DPL Telematics
14.2.1.9 GPS Trackit
14.2.2 EUROPE
14.2.2.1 Box Telematics Limited
14.2.2.2 TelliQ AB
14.2.2.3 DSA Daten- UND Systemtechnik GmbH
14.2.2.4 Telic AG
14.2.2.5 Frotcom
14.2.3 REST OF THE WORLD
14.2.3.1 Mix Telematics
15 RECOMMENDATIONS BY MARKETSANDMARKETS (Page No. - 213)
15.1 GOVERNMENT REGULATIONS TO ENHANCE PENETRATION OF TELEMATICS IN OFF-HIGHWAY APPLICATIONS
15.2 MINING TO OFFER LUCRATIVE OPPORTUNITIES IN ASIA PACIFIC & SOUTH AMERICA FOR TELEMATICS SERVICE PROVIDERS
15.3 CONCLUSION
16 APPENDIX (Page No. - 215)
16.1 KEY INSIGHTS FROM INDUSTRY EXPERTS
16.2 DISCUSSION GUIDE
16.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.4 AVAILABLE CUSTOMIZATIONS
16.4.1 COUNTRY-LEVEL MARKET FOR CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS, BY INDUSTRY
16.4.1.1 Construction
16.4.1.2 Agriculture
16.4.1.3 Mining
16.4.2 CONSTRUCTION & HEAVY EQUIPMENT TELEMATICS MARKET, BY FORM FACTOR FOR KEY COUNTRIES
16.4.2.1 Embedded
16.4.2.2 Integrated
16.4.2.3 Tethered
16.4.3 HEAVY-DUTY VEHICLE TELEMATICS MARKET, BY VEHICLE TYPE
16.4.3.1 Truck
16.4.3.2 Bus
16.5 RELATED REPORTS
16.6 AUTHOR DETAILS
The study involved four major activities in estimating the current size of the construction and heavy equipment telematics market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across value chains through primary research. The bottom-up and top-down approaches were adopted to derive the market size in terms of value. The market size was validated with the help of in-depth interviews with industry experts—excerpts of which are available in the discussion guide in the Appendix—and secondary research. After arriving at the final numbers for the market size, the report-writing phase commenced.
Secondary Research
Secondary sources referred to in this research study include independent industry associations for equipment sales and fleet; corporate filings (such as annual reports, investor presentations, and financial statements); and trade, business, and automotive associations. The secondary data was collected and analyzed to arrive at the overall market size, which is further validated by primary research.
Primary Research
Extensive primary research was conducted after acquiring an understanding of the construction and heavy equipment telematics market scenario through secondary research. Several primary interviews were conducted with market experts from both, i.e., off-highway telematics solution providers, OEMs (involved in construction, mining and ag tractors space) across three major regions, namely, North America, Europe, and Asia Pacific. Approximately 60% and 40% of the primary interviews were conducted from the off-highway telematics solution providers and OEMs participants, respectively. Primary data was collected through questionnaires, emails, and telephonic interviews. Various departments within organizations, including sales, operations, and administration, strived to provide a holistic viewpoint in reports while canvassing primaries.
After interacting with industry participants, some brief sessions were conducted with experienced independent consultants to reinforce the findings from the primaries. This, along with the opinions of in-house subject matter experts, has led to the findings delineated in the rest of this report.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both bottom-up and top-down approaches have been used to estimate the construction and heavy equipment telematics market. The bottom-up approach was used to estimate and validate the size of the construction and heavy equipment telematics market.
- The market size, by value, was derived by identifying the penetration of off-highway telematics in considered industries, i.e., construction, mining, and agriculture (only tractors).
- The penetrations considered (for both fleet and new sales) are triangulated considering the data available on secondary research, inputs from primary respondents, and MarketsandMarkets SME (subject matter expert) analysis.
- This was further multiplied with the regional level equipment level volume of considered equipment type (construction equipment, mining equipment, and agriculture tractors) and weighted average telematics solution spending.
- The arrived regional-level market size (USD million) represents the construction and heavy equipment telematics market value (USD million), by industry, for each region.
To know about the assumptions considered for the study, Request for Free Sample Report
After arriving at the overall market size of the global market through the abovementioned methodology, this market was split into several segments and subsegments. The data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact data for the market by value for the key segments and subsegments. The extrapolated market data was triangulated by studying various macro indicators and regional trends from both OEM and MSP participants.
Report Objectives
- To analyze and forecast the market size for construction and heavy equipment telematics from 2021 to 2026 in terms of value (USD million)
- To analyze the impact of COVID-19 on the construction and heavy equipment telematics market
- To define and describe the construction & heavy equipment telematics market by solution, industry, technology, form factor, hardware, vehicle category, and region.
- By solution [asset tracking, fuel management, fleet performance reporting, navigation, diagnostics, equipment/fleet maintenance, fleet safety, and others (equipment utilization and geo-fencing)]
- By industry (construction, agriculture, and mining)
- By technology (cellular and satellite)
- By hardware (telematics control unit and infotainment display unit)
- By form factor (embedded, integrated, and tethered)
- By vehicle category (new sales and existing fleet)
- By region (Asia Pacific, Europe, North America, and Rest of the World)
- To understand the dynamics (drivers, restraints, opportunities, and challenges) of the construction & heavy equipment telematics market
- To study safety and regulatory landscape, Porter’s Five Forces, technology analysis, case study analysis, market ecosystem map, and trends impacting the customer’s business
- To analyze the share of key players operating in the construction & heavy equipment telematics market
- To understand the dynamics of competitors and distinguish them into stars, emerging leaders, pervasive players, and participants according to the strength of their product portfolio and business strategies
- To analyze recent developments such as new product launches, partnerships/supply orders, mergers & acquisitions, and geographic expansion of key players in the construction & heavy equipment telematics market
Construction Equipment Telematics & Its impact on Construction & Heavy Equipment Telematics Market
Construction machinery Telematics is a technology that allows for the remote monitoring and management of construction equipment using a combination of hardware, software, and communication technologies. This technology enables real-time data collection and analysis on the location, performance, and condition of construction equipment. The market for construction and heavy equipment telematics, on the other hand, refers to telematics solutions designed specifically for construction and heavy equipment. This includes construction equipment monitoring and management hardware, software platforms, and related services.
As one of the primary drivers of market growth, construction equipment telematics is inextricably linked with the construction and heavy equipment telematics market. As more construction companies use telematics technology to monitor their equipment, the demand for construction and heavy equipment telematics solutions grows.
The construction and heavy equipment telematics market is expected to expand rapidly in the coming years, owing to factors such as increased construction activity, increased demand for equipment rental, and the need for better asset management and maintenance. The use of construction equipment telematics is expected to play a significant role in this growth, as it provides valuable data and insights that can help businesses optimise their equipment usage and reduce costs.
By extending the reach of Construction Equipment Telematics services, companies are also creating new business opportunities. Companies are using these services to create new products and services and to drive their bottom line.
- Increased demand for telematics solutions: As more construction companies adopt construction equipment telematics, the demand for telematics solutions specifically designed for construction and heavy equipment is likely to increase.
- Improved efficiency and productivity: Construction equipment telematics can provide valuable data on equipment usage, location, and maintenance needs.
- Better asset management: Construction equipment telematics can help companies better manage their equipment assets by providing real-time data on equipment location and condition.
- Increased safety and compliance: Telematics solutions can help improve safety by monitoring equipment usage and providing real-time alerts for potential safety hazards.
The top players in the Construction Equipment Telematics market are Caterpillar Inc, Komatsu Ltd. Trimble Inc., Topcon Positioning Systems, Inc., Volvo Construction Equipment.
Some of the key industries that are going to get impacted because of the growth of Construction Equipment Telematics are,
- Insurance: Insurance companies can also use the data to develop more effective loss prevention and claims management strategies.
- Agriculture: Construction equipment, farm machinery can also be equipped with telematics devices to help farmers monitor equipment usage, fuel consumption, and maintenance needs.
- Transportation: Telematics technology can be used to track and manage fleets of trucks and other vehicles used in the transportation of construction materials and equipment.
- Mining: Heavy mining equipment can be equipped with telematics devices to monitor usage and maintenance needs, helping mining companies to reduce downtime and optimize operations.
- Utilities: Telematics technology can be used to monitor the performance and maintenance needs of equipment used in the utility industry, such as power generators and transmission equipment.
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Country-Level Market For Construction & Heavy Equipment Telematics, By Industry
- Construction
- Agriculture
- Mining
(Note: Regions that are included in the study: North America, Europe, Asia Pacific, and RoW)
Construction & Heavy Equipment Telematics Market, By Form Factor for Key Countries
- Embedded
- Integrated
- Tethered
(Note: Countries that are included in the study: US, EU5, Russia, China, India, and Japan)
Heavy-Duty Vehicle Telematics Market, By Vehicle Type
- Truck
- Bus
(Note: Regions that are included in the study: North America, Europe, Asia Pacific, and RoW)
Generating Response ...
Growth opportunities and latent adjacency in Construction & Heavy Equipment Telematics Market