Overview of the global electric vehicle telematics market
Government bodies globally, are upgrading emission standards to reduce the amount of pollution caused by the large number of vehicles. Also, the rising sales of vehicles are extensively degrading the quality of air. This is encouraging the automotive manufacturers to develop non-polluting green vehicles that will diminish the GHG levels in the atmosphere. Technavio’s electric vehicle telematics market research report identifies the stringent emission regulations imposed by governing bodies to be one of the primary factors for the electric vehicle telematics market growth. Green vehicles run on alternative fuel sources such as hybrid energy, electricity, and other power sources like biofuels, solar or wind energy. Electric vehicle manufacturers are also focusing on developing Zero emission vehicles (ZEVs) or near-zero emission vehicles to reduce the causes of global warming. Our electric vehicle telematics market forecast estimates that the electric vehicle telematics market will grow at an impressive CAGR of more than 44% by 2022.
Electric vehicle manufacturers are developing multiple types of power sources for efficiently powering the internal components without impacting the travelling range. These manufacturers are developing various batteries that reduces the overall weight of a vehicle, increases charge-carrying capacity, and recharges in minimal time. Electric vehicle manufactures are focused on developing battery technologies such as metal-air batteries, lithium-sulfur batteries, and aluminum-ion batteries. The growing development of multiple battery types for powering electric vehicle telematics will drive the electric vehicle telematics market growth throughout the forecast period.
What's your takeaway?
Technavio's industry research report on the global electric vehicle telematics market 2018-2022 will help you-
- Identify latent opportunities and explorative solutions in the electric vehicle telematics market
- Identify your key competition, and what's making them tick?
- Help you build a comprehensive marketing plan, applicable across 50+ countries
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Companies covered
The electric vehicle telematics market is concentrated owing to the presence of few vendors. This market research report offers information about the competitive landscape among the telematics companies and also provides details about their product portfolio. To help clients sustain the competition and improve their revenue shares, Technavio’s market research report also suggests areas that the companies in the electric vehicle telematics market should focus on and the strategies they should adopt.
Some of the companies covered in this report are –
- Agero
- Airbiquity
- Bosch
- Continental
- Trimble
- TomTom International
Segmentation by application and analysis of the electric vehicle telematics market
- Passenger car
- Commercial vehicle
Based on application, the passenger car segment will account for major shares in the vehicle telematics system market throughout the forecast period. The rising demand for passenger cars will boost the growth of this industry segment till the end of 2022.
Geographical segmentation and analysis of the electric vehicle telematics market
APAC will be the major revenue contributor to the vehicle telematics system market till the end of 2022. The high demand for passenger cars and the growing preference towards the adoption of vehicle telematics, will drive the growth of the electric vehicle telematics market in APAC.
Key questions answered in the report include
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the global electric vehicle telematics market?
- What are the key market trends impacting the growth of the global electric vehicle telematics market?
- What are the challenges to market growth?
- Who are the key vendors in the global electric vehicle telematics market?
- What are the market opportunities and threats faced by the vendors in the global electric vehicle telematics 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 electric vehicle telematics market?
Technavio also offers customization on reports based on specific client requirement.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
- Segmentation by application
- Comparison by application
- Passenger car – Market size and forecast 2017-2022
- Commercial vehicle – Market size and forecast 2017-2022
- Market opportunity by application
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Americas – Market size and forecast 2017-2022
- EMEA – Market size and forecast 2017-2022
- APAC – Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Development of multiple battery types for powering electric vehicle telematics
- Development of 5G internet speed to increase technological improvement in electric vehicles
- Autonomous technology to be developed focusing on electric cars
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Agero
- Airbiquity
- Bosch
- Continental
- Trimble
- TomTom International
PART 15: APPENDIX