Europe 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 Europe off-highway vehicle telematics market is expected to grow from US$ 216.63 million in 2021 to US$ 313.21 million by 2028. It is estimated to grow at a CAGR of 5.4% from 2021 to 2028.
Microelectromechanical systems, the internet, and wireless technologies have all come together to form the Internet of Things (IoT). Fleet owners can utilize IoT to remotely monitor vehicle speed, tire air pressure, fuel usage, and driver behavior, further improving vehicle and driver efficiency. Developers of telematics systems can use this technology to create telematics solutions tailored to specific needs in the mining, agriculture, and construction industries, where operational costs are high. Service providers and fleet operators can embrace predictive analytics by combining IoT and fleet management technology. This gives the context to accomplish proactive management and a competitive edge in several critical operational areas. IoT sensors in service-oriented products, such as air conditioners, can only notify a service call when required, rather than at regular intervals. Condition-based monitoring lowers service costs while boosting accuracy and customer service. One of the most significant expenses for any fleet is fuel. If IoT sensors are integrated into the telematics system, fleet managers can get a near-real-time view of vehicle fuel use and expenditures. This enables managers to see who needs to be educated on effective driving behaviors and track unlawful operating expenditures and driving patterns, such as idling, which can waste gasoline. Furthermore, all fleets place a high focus on safety. With rising incidents of speeding, forceful braking, and aggressive driving, fleet managers can use driver coaching and safety education to address undesirable driving behaviors. Thus, the growing integration of the IoT can open up new commercial possibilities, thereby driving the Europe market growth.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe off-highway vehicle telematics market at a healthy CAGR during the forecast period.
Europe Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
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Europe Off-Highway Vehicle Telematics Market Segmentation
The Europe 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 Europe off-highway vehicle telematics market is segmented into the UK, Germany, France, Italy, Russia, and the Rest of Europe.
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 Europe 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. Europe Off-Highway Vehicle Telematics Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Europe Off-Highway Vehicle Telematics Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Construction Industry
5.1.2 Stringent Government Policies to increase Security and Safety of Off-Highway Vehicle
5.2 Market Restraints
5.2.1 Uncertainty Among Fleet Operators
5.3 Market Opportunities
5.3.1 Escalating Integration of IoT
5.4 Future Trends
5.4.1 Surging Technological Advancements in Off-Highway Vehicle Telematics
5.5 Impact Analysis of Drivers and Restraints
6. Off-Highway Vehicle Telematics Market – Europe Analysis
6.1 Europe Off-Highway Vehicle Telematics Market Overview
6.2 Europe Off-Highway Vehicle Telematics Market Revenue Forecast and Analysis
7. Europe Off-Highway Vehicle Telematics Market Analysis – By Connectivity Type
7.1 Overview
7.2 Europe 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. Europe Off-Highway Vehicle Telematics Market Analysis – By Application
8.1 Overview
8.2 Europe 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. Europe Off-Highway Vehicle Telematics Market Analysis – By Technology
9.1 Overview
9.2 Europe 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. Europe Off-Highway Vehicle Telematics Market – Country Analysis
10.1 Overview
10.1.1 Europe: Off-Highway Vehicle Telematics Market, by Key Country
10.1.1.1 Germany: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Off-Highway Vehicle Telematics Market, By Connectivity Type
10.1.1.1.2 Germany: Off-Highway Vehicle Telematics Market, By Application
10.1.1.1.3 Germany: Off-Highway Vehicle Telematics Market, By Technology
10.1.1.2 France: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 France: Off-Highway Vehicle Telematics Market, By Connectivity Type
10.1.1.2.2 France: Off-Highway Vehicle Telematics Market, By Application
10.1.1.2.3 France: Off-Highway Vehicle Telematics Market, By Technology
10.1.1.3 Italy: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Italy: Off-Highway Vehicle Telematics Market, By Connectivity Type
10.1.1.3.2 Italy: Off-Highway Vehicle Telematics Market, By Application
10.1.1.3.3 Italy: Off-Highway Vehicle Telematics Market, By Technology
10.1.1.4 UK: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 UK: Off-Highway Vehicle Telematics Market, By Connectivity Type
10.1.1.4.2 UK: Off-Highway Vehicle Telematics Market, By Application
10.1.1.4.3 UK: Off-Highway Vehicle Telematics Market, By Technology
10.1.1.5 Russia: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Off-Highway Vehicle Telematics Market, By Connectivity Type
10.1.1.5.2 Russia: Off-Highway Vehicle Telematics Market, By Application
10.1.1.5.3 Russia: Off-Highway Vehicle Telematics Market, By Technology
10.1.1.6 Rest of Europe: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Off-Highway Vehicle Telematics Market, By Connectivity Type
10.1.1.6.2 Rest of Europe: Off-Highway Vehicle Telematics Market, By Application
10.1.1.6.3 Rest of Europe: 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. Europe Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe: Off-Highway Vehicle Telematics Market Revenue Share, by Key Country (2020 and 2028)
Table 3. Germany: Off-Highway Vehicle Telematics Market, By Connectivity Type–Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Off-Highway Vehicle Telematics Market, By Application–Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany: Off-Highway Vehicle Telematics Market, By Technology–Revenue and Forecast to 2028 (US$ Million)
Table 6. France: Off-Highway Vehicle Telematics Market, By Connectivity Type–Revenue and Forecast to 2028 (US$ Million)
Table 7. France: Off-Highway Vehicle Telematics Market, By Application–Revenue and Forecast to 2028 (US$ Million)
Table 8. France: Off-Highway Vehicle Telematics Market, By Technology–Revenue and Forecast to 2028 (US$ Million)
Table 9. Italy: Off-Highway Vehicle Telematics Market, By Connectivity Type–Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy: Off-Highway Vehicle Telematics Market, By Application–Revenue and Forecast to 2028 (US$ Million)
Table 11. Italy: Off-Highway Vehicle Telematics Market, By Technology–Revenue and Forecast to 2028 (US$ Million)
Table 12. UK: Off-Highway Vehicle Telematics Market, By Connectivity Type–Revenue and Forecast to 2028 (US$ Million)
Table 13. UK: Off-Highway Vehicle Telematics Market, By Application–Revenue and Forecast to 2028 (US$ Million)
Table 14. UK: Off-Highway Vehicle Telematics Market, By Technology–Revenue and Forecast to 2028 (US$ Million)
Table 15. Russia: Off-Highway Vehicle Telematics Market, By Connectivity Type–Revenue and Forecast to 2028 (US$ Million)
Table 16. Russia: Off-Highway Vehicle Telematics Market, By Application–Revenue and Forecast to 2028 (US$ Million)
Table 17. Russia: Off-Highway Vehicle Telematics Market, By Technology–Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Europe: Off-Highway Vehicle Telematics Market, By Connectivity Type–Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Europe: Off-Highway Vehicle Telematics Market, By Application–Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of Europe: Off-Highway Vehicle Telematics Market, By Technology–Revenue and Forecast to 2028 (US$ Million)
Table 21. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Off-Highway Vehicle Telematics Market Segmentation
Figure 2. Europe Off-Highway Vehicle Telematics Market Segmentation – By Country
Figure 3. Europe Off-Highway Vehicle Telematics Market Overview
Figure 4. Europe Off-Highway Vehicle Telematics Market, By Connectivity Type
Figure 5. Europe Off-Highway Vehicle Telematics Market, By Country
Figure 6. Europe PEST Analysis
Figure 7. Europe Off-Highway Vehicle Telematics Market- Ecosystem Analysis
Figure 8. Europe Off-Highway Vehicle Telematics Market Impact Analysis of Drivers and Restraints
Figure 9. Europe Off-Highway Vehicle Telematics Market Revenue Forecast and Analysis (US$ Million)
Figure 10. Europe Off-Highway Vehicle Telematics Market, By Connectivity Type (2020 And 2028)
Figure 11. Europe Cellular-Based OHV telematics: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Europe Satellite-Based OHV telematics: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Off-Highway Vehicle Telematics Market, By Application (2020 and 2028)
Figure 14. Europe Construction Industry OHV telematics: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Agriculture Industry OHV telematics: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Mining Industry OHV telematics: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Others: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Off-Highway Vehicle Telematics Market, By Technology (2020 and 2028)
Figure 19. Europe LTE-M: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe NB-IOT: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe Sigfox: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe Others: Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe: Off-Highway Vehicle Telematics Market, by Key Country – Revenue (2020) (US$ Million)
Figure 24. Europe: Off-Highway Vehicle Telematics Market Revenue Share, by Key Country (2020 and 2028)
Figure 25. Germany: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. France: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Italy: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. UK: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Russia: Off-Highway Vehicle Telematics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Rest of Europe: 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.
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