Global Automotive Telematics Control Unit Market 2017-2021

This industry research report identifies Bosch, Continental, DENSO, and HARMAN International as the key vendors in the global automotive telematics control unit market. This industry research report also presents a comprehensive analysis of the market by vehicle type (passenger cars and commercial vehicles) and by geography (the Americas, APAC, and EMEA).

Overview of the global automotive telematics control unit market

4G is more efficient and is almost over five times the peak rate of 3G. 4G has two different applications in wireless technology transformation such as WiMAX and LTE. With the increasing efficiency, the bandwidth has significantly increased which gives higher throughput for 4G. Technavio's market research report has identified the transition from 3G to 4G for higher bandwidth as one of the primary factors that will fuel the growth of the automotive telematics control unit market in the coming years. Automobile industries are increasingly adopting LTE technology over WiMAX due to its high standards and proven success in the telecom industry. Moreover, the adoption of 4G LTE technology by OEMs is preferred due to its network stability and coverage. Our market research analysts estimate that this market will grow steadily at a CAGR close to 11% by 2021.

The increasing implementation of cloud content data centers will be one of the key trends contributing towards the growth of the automotive telematics control unit market in the coming years. The integration of telematics along with cloud is increasing the drive in the automotive telematics control unit (TCU) market. The key advantages of building telematics cloud-based applications are enabling more control over UI, allowing vehicles to act as a node in an overall IoT, offering secure storage of vehicle data, and lowers operations costs.

Competitive landscape and key vendors

The automotive telematics control unit market is fragmented owing to the presence of large number of established manufacturers and small and medium-sized manufacturers. Moreover, the telematics unit market consists of international and regional players. The international players are increasing their geographic presence due to which the regional vendors are facing huge challenge to compete. The vendors are competing on parameters such as quality, safety, and price. Intense price wars and product diffrentiation will intensify the competitive environment.

The leading vendors in the market are-

• Bosch
• Continental
• DENSO
• HARMAN International

The other prominent vendors in the market are Alpine Electronics, Blaupunkt, Huawei Technologies, LDL Technology, Panasonic, Pioneer, and Visteon Corporation.

Segmentation by vehicle type and analysis of the automotive telematics control unit market

• Passenger cars
• Commercial vehicles

During 2016, passenger cars segment accounted for the major shares of the automotive telematics control unit market. This segment is the largest segment in the automotive industry. The demand for passenger cars increases with the economic development of a country. Moreover, the growing demand from the developing nations are increasing the growth of the telematics unit market.

Segmentation by geography and analysis of the automotive telematics control unit market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the automotive telematics control unit market throughout the forecast period. Owing to the humungous economic growth of developing countries such as China and India will trigger the telematics unit market opportunities and attract automobile manufacturers to this region. OEMs are focusing towards the APAC market witnessing the immense potential of this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global automotive telematics control unit market?
• What are the key market trends impacting the growth of the global automotive telematics control unit market?
• What are the challenges to global automotive telematics control unit market growth?
• Who are the key vendors in the market?
• What are the market opportunities and threats faced by the vendors in the global automotive telematics control unit market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global automotive telematics control unit market?

Technavio also offers customization on reports based on specific client requirement.

Our upcoming research report on the automotive telematics control unit market focuses on the key drivers, trends, challenges influencing the growth of this market. According to Technavio's analysts, an increase in demand for telematics in vehicles across the globe is expected to drive this market's growth to over the next four years. Also, to offer strategic insights into the dynamically changing competitive landscape, this report also covers vendors such as Ficosa, DGE Inc., Infineon, and Harman.

Furthermore, to offer clients the opportunity to explore and expand in niche markets, this report on the automotive telematics control unit covers geographies like the Americas, APAC, and EMEA. This market study also offers detailed intelligence on various automotive electronics based on the inference of the information gathered from specific resources such as channel partners and market stakeholders.

The upcoming industry research report on the automotive telematics control unit market presents insights into the rapidly changing competitive landscape to give a complete outlook of the forthcoming events within the automotive industry. Technavio also offers detailed market assessments into the sectors such as automotive services and automotive components.