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Growth Opportunities in the Connected Truck Telematics Market, China, 2024-2030

  • Report

  • 68 Pages
  • August 2024
  • Region: China
  • Frost & Sullivan
  • ID: 6008098
Description Jump to:

China s Truck Telematics Market Experiences Transformational Growth Due to Commercial Truck Original Equipment Manufacturers Integrating Ecological Resources and Launching Telematics Service Platforms and Subsidiaries

This analysis examines the telematics sector in China, with a specific focus on commercial trucks. The data presented here refers to the total installed base of telematics, equivalent to the total number of commercial trucks that are subscribed to telematics. This includes historical data from 2021. The base year for this analysis is 2024, and it provides forecasts up to 2030. Forecasts cover the installed base and service revenue. The discussion presents forecast considerations and analysis, pricing trends, and market share.

This analysis investigates the industry’s competitive environment, its growth and restraints, market evolution, key government guidance, the top trends driving the connected truck telematics sector, key technologies, and the value chain. Other points of interest covered in this analysis include the connected truck telematics installed base by product type range, package range, and service providers - such as commercial truck original equipment manufacturers and third-party vendors.

Lastly, this analysis determines industry opportunities and covers product type, package type, top services, vehicle type, fleet type, industry type, solution type, and key opportunity region. The publisher has determined growth opportunities in the commercial truck telematics sector, for current scenarios and their prospects. The growth opportunity analysis provides commercial truck telematics stakeholders with practical and actionable recommendations to expand their presence in the value chain.

Table of Contents

Transformation in the Connected Truck Telematics Sector
  • Why is it Increasingly Difficult to Grow?
  • The Strategic Imperative 8™
  • The Impact of the Top 3 Strategic Imperatives on the Connected Truck Telematics Sector
Ecosystem
  • Scope of Analysis
  • Questions This Study Will Answer
  • Definitions
  • Competitive Environment
  • Key Competitors
Growth Generator
  • Growth Metrics
  • Growth Drivers
  • Growth Restraints
  • Forecast Considerations
  • Installed Base Forecast
  • Installed Base by Contribution
  • Installed Base Forecast
  • Revenue Forecast
  • Forecast Analysis
  • Pricing Trends
  • Market Share Analysis
Growth Generator: Connected Truck Telematics Market in China
  • Market Evolution
  • Key Government Guidance
  • Market Outlook
  • Key Findings
  • Top Trends Driving the Connected Truck Telematics Sector
  • Key Technologies
  • Value Chain
Growth Generator: Pricing and Competitive Scenario of Connected Truck Telematics Market in China, 2024
  • Connected Truck Telematics Product Type Range
  • Connected Truck Telematics Package Range
  • Key M&HCV OEMs
  • Key M&HCV Third-party Service Providers
Industry Opportunity Analysis of Connected Truck Telematics Market in China, 2024
  • Opportunity by Product Type
  • Opportunity by Package Type
  • Opportunity by Services: Top 3 Services
  • Opportunity by Vehicle Type
  • Opportunity by Fleet Type
  • Opportunity by Industry Type
  • Opportunity by Solution Type
  • Key Opportunity Regions
Growth Opportunity Universe
  • Growth Opportunity 1: Operational Efficiency
  • Growth Opportunity 2: Connectivity and Intelligence Trends
  • Growth Opportunity 3: Key Component Development
Best Practices Recognition
  • Best Practices Recognition
Frost Radar
Next Steps
  • Benefits and Impacts of Growth Opportunities
  • Next Steps
  • List of Exhibits
  • Legal Disclaimer

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About the Connected Truck Telematics Market

The Connected Truck Telematics market is a subset of the broader telematics field, which encompasses the integration of telecommunications and informatics to provide services to vehicles via devices and software. Specifically, truck telematics involves the use of connectivity and electronic technologies in commercial vehicles, including heavy-duty trucks. This market is centered on improving efficiency, safety, and compliance within the logistics and transportation industries by utilizing real-time data from the vehicles. Connected Truck Telematics systems typically feature tools for tracking vehicle locations, monitoring driving behavior, evaluating vehicle health, and improving fleet management through GPS navigation, on-board diagnostics, and mobile connectivity. Such systems enable fleet operators to optimize their operations by reducing fuel consumption, managing routes, ensuring consistent maintenance schedules, and adhering strictly to regulatory requirements. Telematics technology also plays a crucial role in enhancing communication between drivers and fleet managers, thereby promoting safety and productivity in the logistics sector. Some prominent companies that offer connected truck telematics solutions include Trimble Inc., Verizon Connect, Geotab Inc., Omnitracs, LLC, and Paccar Inc.’s Dynafleet. These enterprises provide a range of telematics products and services tailored to the unique needs of the freight and transportation industry. Show Less Read more

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