Global Analysis Of Off-highway Vehicle (ohv) Telematics Market Forecasts To 2021-2030 And Industry Assessment With Key Players

By Author: Kavita Sharma
Total Articles: 78
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An off-highway vehicle (OHV) is explained as any vehicle designed to be driven off-road. Some cars are built for extreme off-road conditions like mud and snow, while others are built for everyday off-road driving. Although telematics systems are often used to track off-road vehicles, several companies have started to connect off-road vehicle telematics systems with on-car goods to provide a smooth and a complete integrated solution. Additionally, government policies to increase road safety and security of off-highway vehicles has led to an increased demand of telematics globally, thereby fueling the growth of off-highway (OHV) telematics market.

In terms of revenue, global off-highway vehicle (OHV) telematics market was valued at US$ 799.43 in 2020 and is anticipated to grow at a CAGR of 14.2% over the forecast period. The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.

View Full Report Link:https://www.absolutemarketsinsights.com/reports/Global-Off-Highway-Vehicle-OHV-Telematics-Market-2021---2029-998

Our 420+ Pages Report titled, “Off-Highway ...
... Vehicle (OHV) Telematics Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2021 - 2029”, will encompass in-depth information on the following pointers:

Global market size and forecast values (2015 – 2029), in terms of revenue (US$ Million) by segments/sub-segments along with a further split across all major regions/countries
In our analysis for the same, we have taken into consideration, 2015 to 2019 as historic years, 2020 as the base year and 2021 to 2029 has been taken as the forecast period.
Market Dynamics (Opportunities, Drivers and Restraints)
Business and Technology Trends
Impact of the Pandemic on Global Off-Highway Vehicle (OHV) Telematics Market
Regulatory Landscape
Porter’s Five Forces Analysis
Competitive Benchmarking
Global Presence and Growth Strategies
Market Share Analysis, 2020
Detailed profiles of major market participants operating in the market, encompassing information pertaining to company details, company overview, product offerings, key developments, financial analysis, SWOT analysis and business strategies
We also offer research studies focusing on specific regions, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America
The reports can be provided in different languages including German, French, Russian, Spanish, Japanese, Korean, Arabic and Chinese amongst other languages.
Telematics for off-highway vehicles (OHVs) are usually provided in sets that contain both handheld and in-dash devices, along with customizable solutions that operate together to boost productivity and profitability. Live monitoring, vehicle diagnostics, driver management, vehicle telematics reporting, customer service, and driver and seat position tracking are all included in certain packages for real-time car telematics. Several off-road vehicle telematics systems now feature a GPS/RFID reader that gets data from onboard computer systems as well as a remote place like a farm or a person's house. These systems are then provided to owners of on-road cars, who utilize the information to guide their off-road vehicles in line with road conditions and other road users. Furthermore, few modern off-road vehicle telematics systems also include the most up-to-date satellite technology, allowing cars to interface with weather-related facilities and provide precise information to drivers. Major automotive companies in the market are undertaking strategic initiatives to enhance their market presence and also to strengthen their offerings. For instance, in September 2019, Bridgestone Corporation entered into an agreement to acquire the digital fleet solutions business of TomTom Telematics. The company provides a wide range of digital solutions and data platform for connected vehicles enabling safer driving and enhanced productivity.

Key Findings of the Report:

Telematics in off-highway vehicle are now being used on a large scale for continuous monitoring and diagnosis of system fault alerts in both on-highway and off-highway applications across a broad range of equipment, using appropriate mobile app, email or web portal.
The cellular telematics is gaining popularity in the market due to the emergence of 5G technologies for more effective and faster communication. With the use of telematics technology, drivers can send and receive data between vehicles, across far-away destinations and also to any desired user.
Over the last few years, an increase in partnership amongst OEM and telematics providers have been observed, owing to increased demand from end users for telematics embedded vehicles for tracking and safety. OEMs are looking forward to make it easier for end users to control their vehicles through telematics technologies.
Trucking and construction equipment manufacturers are working closely with their clientele in order to incorporate telematics technologies. Telematics has enabled the construction firms to track both, the location and performance of their equipment. It helps them to monitor construction equipment utilization and ensure that assets are being used efficiently.
Asia Pacific is estimated to witness fastest growth rate over the period of next eight years in the global off-highway vehicle (OHV) telematics market. In Asia Pacific countries, there is a growing awareness regarding the importance of telematics systems in OHVs, as well as significant technical progress which is expected to provide major growth opportunities. JCB, for instance, announced the launch of ‘JCB Livelink’ in the India market. The telematics system allows users to remotely track equipment.
Some of the players operating in the global off-highway vehicle (OHV) telematics market ACTIA Group, Airbiquity Inc., AT&T, Bridgestone Mobility Solutions B.V., HARMAN International., Infineon Technologies AG, KORE Wireless, LINXUP, MiX Telematics, ORBCOMM Inc., Teletrac Navman US Ltd, Topcon, Trimble, Verizon, and Zonar Systems amongst others.
Global Off-Highway Vehicle (OHV) Telematics Market:

By Component
Hardware
Solutions
Services
By Connectivity
Satellite
Cellular
By Organization Size
Small and Medium Enterprises
Large Enterprises
By Function
Fleet and Asset Management
Workflow Management
Preventive Diagnostics and Maintenance
Others
By End Use
Farm Equipment
Tractors
Combines
Irrigation Units
Others
Construction
Bulldozers
Cranes
Pavers
Mixers
Others
Mining
Landscaping
Others
By Distribution Channel
After Market
Original Equipment Manufacturer (OEM)
By Region
North America
S
Canada
Mexico
Rest of North America
Europe
France
The UK
Spain
Germany
Italy
Nordic Countries
Denmark
Finland
Iceland
Sweden
Norway
Benelux Union
Belgium
The Netherlands
Luxembourg
Rest of Europe
Asia Pacific
China
Japan
India
New Zealand
Australia
South Korea
Southeast Asia
Indonesia
Thailand
Malaysia
Singapore
Rest of Southeast Asia
Rest of Asia Pacific
Middle East and Africa
Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America

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