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Commercial Vehicle Telematics Market in Americas 2024-2028

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    Report

  • 148 Pages
  • October 2024
  • Region: Latin America, North America
  • TechNavio
  • ID: 5616581
1h Free Analyst Time
1h Free Analyst Time

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The commercial vehicle telematics market in americas is forecasted to grow by USD 20.71 billion during 2023-2028, accelerating at a CAGR of 31.3% during the forecast period. The report on the commercial vehicle telematics market in americas provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by cost savings due to adoption of telematics-enabled ubi, increasing electronic content and telematics adoption, and adoption of lone worker safety regulations in canada.

The commercial vehicle telematics market in americas is segmented as below:

By Type

  • Embedded telematics
  • Smartphone-based telematics
  • Portable telematics

By Application

  • LCV
  • M and HCVs

By Geographical Landscape

  • Americas
This study identifies the usage of advanced analytics to optimize fleet efficiency as one of the prime reasons driving the commercial vehicle telematics market in americas growth during the next few years. Also, government initiatives increasing adoption of obd telematics systems and emergence of next-generation telematics protocol will lead to sizable demand in the market.

The report on the commercial vehicle telematics market in americas covers the following areas:

  • Commercial Vehicle Telematics Market in Americas sizing
  • Commercial Vehicle Telematics Market in Americas forecast
  • Commercial Vehicle Telematics Market in Americas industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial vehicle telematics market in americas vendors that include AB Volvo, Agero Inc., Airbiquity Inc., AT&T Inc., Bayerische Motoren Werke AG, Continental AG, DrivSafe LLC, Ford Motor Co., Garmin Ltd., General Motors Co., Michelin Group, MiX Telematics Ltd., Omnitracs LLC, Robert Bosch GmbH, Samsung Electronics Co. Ltd., TomTom NV, Trimble Inc., Valeo SA, Verizon Communications Inc., and Visteon Corp. Also, the commercial vehicle telematics market in americas analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Country Market Characteristics
  • Executive Summary - Chart on Market By Geographical Landscape
  • Executive Summary - Chart on Market Segmentation by Type
  • Executive Summary - Chart on Market Segmentation by Application
  • Executive Summary - Chart on Incremental Growth
  • Executive Summary - Data Table on Incremental Growth
  • Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market
2.2 Market characteristics
  • Market characteristics analysis
2.3 Value chain analysis
  • Value Chain Analysis
3 Market Sizing
3.1 Market definition
  • Offerings of companies included in the market definition
3.2 Market segment analysis
  • Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
  • Chart on Americas - Market size and forecast 2023-2028 ($ million)
  • Data Table on Regional - Market size and forecast 2023-2028 ($ million)
  • Chart on Americas: Year-over-year growth 2023-2028 (%)
  • Data Table on Regional - Market size and forecast 2023-2028 ($ million)
4 Historic Market Size
4.1 Commercial Vehicle Telematics Market in Americas 2018 - 2022
  • Historic Market Size - Data Table on Commercial Vehicle Telematics Market in Americas 2018 - 2022 ($ million)
4.2 Type segment analysis 2018 - 2022
  • Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Application segment analysis 2018 - 2022
  • Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
  • Historic Market Size - Geography Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
  • Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
  • Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
  • Chart on Type - Market share 2023-2028 (%)
  • Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
  • Chart on Comparison by Type
  • Data Table on Comparison by Type
6.3 Embedded telematics - Market size and forecast 2023-2028
  • Chart on Embedded telematics - Market size and forecast 2023-2028 ($ million)
  • Data Table on Embedded telematics - Market size and forecast 2023-2028 ($ million)
  • Chart on Embedded telematics - Year-over-year growth 2023-2028 (%)
  • Data Table on Embedded telematics - Year-over-year growth 2023-2028 (%)
6.4 Smartphone-based telematics - Market size and forecast 2023-2028
  • Chart on Smartphone-based telematics - Market size and forecast 2023-2028 ($ million)
  • Data Table on Smartphone-based telematics - Market size and forecast 2023-2028 ($ million)
  • Chart on Smartphone-based telematics - Year-over-year growth 2023-2028 (%)
  • Data Table on Smartphone-based telematics - Year-over-year growth 2023-2028 (%)
6.5 Portable telematics - Market size and forecast 2023-2028
  • Chart on Portable telematics - Market size and forecast 2023-2028 ($ million)
  • Data Table on Portable telematics - Market size and forecast 2023-2028 ($ million)
  • Chart on Portable telematics - Year-over-year growth 2023-2028 (%)
  • Data Table on Portable telematics - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Type
  • Market opportunity by Type ($ million)
  • Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by Application
7.1 Market segments
  • Chart on Application - Market share 2023-2028 (%)
  • Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
  • Chart on Comparison by Application
  • Data Table on Comparison by Application
7.3 LCV - Market size and forecast 2023-2028
  • Chart on LCV - Market size and forecast 2023-2028 ($ million)
  • Data Table on LCV - Market size and forecast 2023-2028 ($ million)
  • Chart on LCV - Year-over-year growth 2023-2028 (%)
  • Data Table on LCV - Year-over-year growth 2023-2028 (%)
7.4 M and HCVs - Market size and forecast 2023-2028
  • Chart on M and HCVs - Market size and forecast 2023-2028 ($ million)
  • Data Table on M and HCVs - Market size and forecast 2023-2028 ($ million)
  • Chart on M and HCVs - Year-over-year growth 2023-2028 (%)
  • Data Table on M and HCVs - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Application
  • Market opportunity by Application ($ million)
  • Data Table on Market opportunity by Application ($ million)
8 Customer Landscape
8.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
  • Chart on Market share By Geographical Landscape - 2023-2028 (%)
  • Data Table on Market share By Geographical Landscape - 2023-2028 (%)
9.2 Geographic comparison
  • Chart on Geographic comparison
  • Data Table on Geographic comparison
9.3 US - Market size and forecast 2023-2028
  • Chart on US - Market size and forecast 2023-2028 ($ million)
  • Data Table on US - Market size and forecast 2023-2028 ($ million)
  • Chart on US - Year-over-year growth 2023-2028 (%)
  • Data Table on US - Year-over-year growth 2023-2028 (%)
9.4 Canada - Market size and forecast 2023-2028
  • Chart on Canada - Market size and forecast 2023-2028 ($ million)
  • Data Table on Canada - Market size and forecast 2023-2028 ($ million)
  • Chart on Canada - Year-over-year growth 2023-2028 (%)
  • Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.5 Rest of Americas - Market size and forecast 2023-2028
  • Chart on Rest of Americas - Market size and forecast 2023-2028 ($ million)
  • Data Table on Rest of Americas - Market size and forecast 2023-2028 ($ million)
  • Chart on Rest of Americas - Year-over-year growth 2023-2028 (%)
  • Data Table on Rest of Americas - Year-over-year growth 2023-2028 (%)
9.6 Market opportunity By Geographical Landscape
  • Market opportunity By Geographical Landscape ($ million)
  • Data Table on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
  • Overview on factors of disruption
11.4 Industry risks
  • Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
  • Companies covered
12.2 Market positioning of companies
  • Matrix on companies position and classification
12.3 Agero Inc.
  • Agero Inc. - Overview
  • Agero Inc. - Product / Service
  • Agero Inc. - Key offerings
12.4 Airbiquity Inc.
  • Airbiquity Inc. - Overview
  • Airbiquity Inc. - Product / Service
  • Airbiquity Inc. - Key offerings
12.5 AT&T Inc.
  • AT&T Inc. - Overview
  • AT&T Inc. - Business segments
  • AT&T Inc. - Key news
  • AT&T Inc. - Key offerings
  • AT&T Inc. - Segment focus
12.6 Continental AG
  • Continental AG - Overview
  • Continental AG - Business segments
  • Continental AG - Key news
  • Continental AG - Key offerings
  • Continental AG - Segment focus
12.7 General Motors Co.
  • General Motors Co. - Overview
  • General Motors Co. - Business segments
  • General Motors Co. - Key news
  • General Motors Co. - Key offerings
  • General Motors Co. - Segment focus
12.8 MiX Telematics Ltd.
  • MiX Telematics Ltd. - Overview
  • MiX Telematics Ltd. - Product / Service
  • MiX Telematics Ltd. - Key offerings
12.9 Omnitracs LLC
  • Omnitracs LLC - Overview
  • Omnitracs LLC - Product / Service
  • Omnitracs LLC - Key offerings
12.10 TomTom NV
  • TomTom NV - Overview
  • TomTom NV - Business segments
  • TomTom NV - Key news
  • TomTom NV - Key offerings
  • TomTom NV - Segment focus
12.11 Trimble Inc.
  • Trimble Inc. - Overview
  • Trimble Inc. - Business segments
  • Trimble Inc. - Key news
  • Trimble Inc. - Key offerings
  • Trimble Inc. - Segment focus
12.12 Verizon Communications Inc.
  • Verizon Communications Inc. - Overview
  • Verizon Communications Inc. - Business segments
  • Verizon Communications Inc. - Key news
  • Verizon Communications Inc. - Key offerings
  • Verizon Communications Inc. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
13.3 Currency conversion rates for US$
  • Currency conversion rates for US$
13.4 Research methodology
  • Research methodology
13.5 Data procurement
  • Information sources
13.6 Data validation
  • Data validation
13.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
13.8 Data synthesis
  • Data synthesis
13.9 360 degree market analysis
  • 360 degree market analysis
13.10 List of abbreviations
  • List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Application
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on Americas - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 18: Chart on Americas: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 20: Historic Market Size - Data Table on Commercial Vehicle Telematics Market in Americas 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 24: Five forces analysis - Comparison between 2023 and 2028
Exhibits 25: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 26: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 30: Chart on Market condition - Five forces 2023 and 2028
Exhibits 31: Chart on Type - Market share 2023-2028 (%)
Exhibits 32: Data Table on Type - Market share 2023-2028 (%)
Exhibits 33: Chart on Comparison by Type
Exhibits 34: Data Table on Comparison by Type
Exhibits 35: Chart on Embedded telematics - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Embedded telematics - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Embedded telematics - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Embedded telematics - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Smartphone-based telematics - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Data Table on Smartphone-based telematics - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Chart on Smartphone-based telematics - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Smartphone-based telematics - Year-over-year growth 2023-2028 (%)
Exhibits 43: Chart on Portable telematics - Market size and forecast 2023-2028 ($ million)
Exhibits 44: Data Table on Portable telematics - Market size and forecast 2023-2028 ($ million)
Exhibits 45: Chart on Portable telematics - Year-over-year growth 2023-2028 (%)
Exhibits 46: Data Table on Portable telematics - Year-over-year growth 2023-2028 (%)
Exhibits 47: Market opportunity by Type ($ million)
Exhibits 48: Data Table on Market opportunity by Type ($ million)
Exhibits 49: Chart on Application - Market share 2023-2028 (%)
Exhibits 50: Data Table on Application - Market share 2023-2028 (%)
Exhibits 51: Chart on Comparison by Application
Exhibits 52: Data Table on Comparison by Application
Exhibits 53: Chart on LCV - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on LCV - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on LCV - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on LCV - Year-over-year growth 2023-2028 (%)
Exhibits 57: Chart on M and HCVs - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Data Table on M and HCVs - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Chart on M and HCVs - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on M and HCVs - Year-over-year growth 2023-2028 (%)
Exhibits 61: Market opportunity by Application ($ million)
Exhibits 62: Data Table on Market opportunity by Application ($ million)
Exhibits 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 64: Chart on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 65: Data Table on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 66: Chart on Geographic comparison
Exhibits 67: Data Table on Geographic comparison
Exhibits 68: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 69: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 71: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 72: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 73: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 75: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 76: Chart on Rest of Americas - Market size and forecast 2023-2028 ($ million)
Exhibits 77: Data Table on Rest of Americas - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Chart on Rest of Americas - Year-over-year growth 2023-2028 (%)
Exhibits 79: Data Table on Rest of Americas - Year-over-year growth 2023-2028 (%)
Exhibits 80: Market opportunity By Geographical Landscape ($ million)
Exhibits 81: Data Table on Market opportunity By Geographical Landscape ($ million)
Exhibits 82: Impact of drivers and challenges in 2023 and 2028
Exhibits 83: Overview on criticality of inputs and factors of differentiation
Exhibits 84: Overview on factors of disruption
Exhibits 85: Impact of key risks on business
Exhibits 86: Companies covered
Exhibits 87: Matrix on companies position and classification
Exhibits 88: Agero Inc. - Overview
Exhibits 89: Agero Inc. - Product / Service
Exhibits 90: Agero Inc. - Key offerings
Exhibits 91: Airbiquity Inc. - Overview
Exhibits 92: Airbiquity Inc. - Product / Service
Exhibits 93: Airbiquity Inc. - Key offerings
Exhibits 94: AT&T Inc. - Overview
Exhibits 95: AT&T Inc. - Business segments
Exhibits 96: AT&T Inc. - Key news
Exhibits 97: AT&T Inc. - Key offerings
Exhibits 98: AT&T Inc. - Segment focus
Exhibits 99: Continental AG - Overview
Exhibits 100: Continental AG - Business segments
Exhibits 101: Continental AG - Key news
Exhibits 102: Continental AG - Key offerings
Exhibits 103: Continental AG - Segment focus
Exhibits 104: General Motors Co. - Overview
Exhibits 105: General Motors Co. - Business segments
Exhibits 106: General Motors Co. - Key news
Exhibits 107: General Motors Co. - Key offerings
Exhibits 108: General Motors Co. - Segment focus
Exhibits 109: MiX Telematics Ltd. - Overview
Exhibits 110: MiX Telematics Ltd. - Product / Service
Exhibits 111: MiX Telematics Ltd. - Key offerings
Exhibits 112: Omnitracs LLC - Overview
Exhibits 113: Omnitracs LLC - Product / Service
Exhibits 114: Omnitracs LLC - Key offerings
Exhibits 115: TomTom NV - Overview
Exhibits 116: TomTom NV - Business segments
Exhibits 117: TomTom NV - Key news
Exhibits 118: TomTom NV - Key offerings
Exhibits 119: TomTom NV - Segment focus
Exhibits 120: Trimble Inc. - Overview
Exhibits 121: Trimble Inc. - Business segments
Exhibits 122: Trimble Inc. - Key news
Exhibits 123: Trimble Inc. - Key offerings
Exhibits 124: Trimble Inc. - Segment focus
Exhibits 125: Verizon Communications Inc. - Overview
Exhibits 126: Verizon Communications Inc. - Business segments
Exhibits 127: Verizon Communications Inc. - Key news
Exhibits 128: Verizon Communications Inc. - Key offerings
Exhibits 129: Verizon Communications Inc. - Segment focus
Exhibits 130: Inclusions checklist
Exhibits 131: Exclusions checklist
Exhibits 132: Currency conversion rates for US$
Exhibits 133: Research methodology
Exhibits 134: Information sources
Exhibits 135: Data validation
Exhibits 136: Validation techniques employed for market sizing
Exhibits 137: Data synthesis
Exhibits 138: 360 degree market analysis
Exhibits 139: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the commercial vehicle telematics market in americas: AB Volvo, Agero Inc., Airbiquity Inc., AT&T Inc., Bayerische Motoren Werke AG, Continental AG, DrivSafe LLC, Ford Motor Co., Garmin Ltd., General Motors Co., Michelin Group, MiX Telematics Ltd., Omnitracs LLC, Robert Bosch GmbH, Samsung Electronics Co. Ltd., TomTom NV, Trimble Inc., Valeo SA, Verizon Communications Inc., and Visteon Corp..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is usage of advanced analytics to optimize fleet efficiency."

According to the report, one of the major drivers for this market is the cost savings due to adoption of telematics-enabled ubi.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AB Volvo
  • Agero Inc.
  • Airbiquity Inc.
  • AT&T Inc.
  • Bayerische Motoren Werke AG
  • Continental AG
  • DrivSafe LLC
  • Ford Motor Co.
  • Garmin Ltd.
  • General Motors Co.
  • Michelin Group
  • MiX Telematics Ltd.
  • Omnitracs LLC
  • Robert Bosch GmbH
  • Samsung Electronics Co. Ltd.
  • TomTom NV
  • Trimble Inc.
  • Valeo SA
  • Verizon Communications Inc.
  • Visteon Corp.