Global Tractor Telematics Industry Overview
Telematics is a technology that deals with the transmission of information over long distances such as details about the vehicle's position and onboard diagnostics of the vehicle. Tractors equipped with telematics technology possess important utilitarian features that allow the tractor owners and manufacturers to develop better and sophisticated future models of tractors. Tractors are mainly used on remote farmlands that have limited mobile network accessibility. Tractors installed with a telematics system can be tracked by the satellite using the global positioning system within areas without sufficient mobile connectivity. Furthermore, information about the vehicle's performance can be transmitted to the agricultural consultants for troubleshooting vehicle issues remotely. This enables the consultants to offer advice regarding technical issues without causing large vehicle downtime. Tractor makers can remotely access onboard diagnostic information about the vehicle performance through the telematics systems and plan a model update, facelift, or even recall certain launched models based on the severity of the technical issue. Thus, increased utility offered by telematics will drive the tractor telematics market growth during the forecast period.
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Companies covered
The tractor telematics market is fragmented since the market has a number of companies. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this tractor telematics industry analysis report will aid clients identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of tractor telematics manufacturers including:
- Case IH
- Cummins
- Deere & Company
- ERM Electronic Systems
- Hello Tractor
- Mahindra & Mahindra
Tractor telematics market growth based on geographic regions
- Americas
- APAC
- EMEA
With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in EMEA will contribute to the maximum growth of this tractor telematics market throughout the forecast period.
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Key highlights of the global tractor telematics market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the tractor telematics market during the next five years
- Precise estimation of the global tractor telematics market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the tractor telematics industry across various geographies such as the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive information about factors that will challenge the growth of tractor telematics companies
This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global tractor telematics market and its stakeholders over the forecast years. The global tractor telematics market analysts at Technavio have also considered how the performance of other related markets in the vertical will impact tractor telematics market size till 2022.
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