Automotive Telematics Market 2014-2019: Vehicle Type, Services and Global Trends Analysis

August 24, 2014

DALLAS, August 24, 2014 /PRNewswire/ –

ReportsnReports.com adds “Automotive Telematics Market by Services (Safety & Security,
Information & Navigation, Entertainment and Remote Diagnostics), by Type (Embedded,
Tethered & Integrated), Vehicle Type (Passenger Car, HCV and LCV), and Region – Global
Trends and Forecast to 2019″ – an August 2014 research report spread across 297 pages.
Telematics is an integration of wireless communications, location technology, and
in-vehicle electronics and is used for vehicle-to-vehicle (V2V), vehicle-to-infrastructure
(V2I), and vehicle-to-devices (V2D) communication. Using this technology, the information
is either generated in the vehicle’s control unit and conveyed to back office systems or
alternatively, the back office systems display data such as road maps, weather forecasts,
stock updates, and many more to the vehicle’s control unit. Major components used in this
technology are telematics control units (TCU), telematics network operations systems, and
wireless communications infrastructure. The main stakeholders of telematics industry are
the automotive sector, telematics service providers (TSPs), information technology, and
the telecom sector including hardware manufacturers.

According to industry experts, many vehicles will continue to have various
technological advancements such as integration of smartphones with the vehicle
infotainment unit. This is attributed to the trend that embedded solutions will be more
appealing and affordable in the near future. Even though this automotive telematics market
[http://www.reportsnreports.com/reports/296092-automotive-telematics-market-by-services-safety-security-information-navigation-entertainment-and-remote-diagnostics-by-type-embedded-tethered-integrated-vehicle-type-passenger-car-hcv-and-lcv-and-region-global ]
projects that all these services will develop over the coming years, some of these
services will grow at a faster rate than others, owing to the higher demand of these
services. One of such high demand services is information and navigation, which is gaining
importance with time. The demand for certain services is set to be driven by legislations
such as the regulations for eCall services in the European region.

The Automotive Telematics Market in Asia-Oceania is estimated to grow at a promising
CAGR. It includes countries such as China, Japan, India, South Korea, and Thailand. The
roadblocks for the market are identified as lack of infrastructure, lack of government
initiatives, and low levels of awareness in the Asian region. The presence of major
European and U.S. automobile manufacturers such as Ford, General Motors, Volkswagen, Audi,
and BMW is driving the Automotive Telematics Market in Asia-Oceania. The North American
region, largest automotive telematics market in the world, comprises of U.S., Mexico, and
Canada. Mexico is an emerging market in this region. The United States New Car Assessment
Program (US NCAP) is a flagship consumer information program by the U.S. Department of
Transportation’s National Highway Traffic Safety Administration (NHTSA). In the coming
years, US NCAP will adjust its rating system to reflect improvements in the safety
features of U.S. vehicles. This will make it difficult for a vehicle to achieve top
ratings unless it is equipped with safety systems, thus encouraging manufacturers to
produce vehicles exceeding the minimum federal safety requirements. This is expected to
positively affect the Automotive Telematics Market. Also, mandatory regulations related to
telematics services will also benefit the market.

Companies profiled in this automotive telematics industry research report include
Agero Inc, Airbiquity Inc, AT&T, Inc., Continental AG, Delphi Automotive PLC, Intel
Corporation, Magneti Marelli S.P.A, Mix Telematics, Robert Bosch GMBH, Verizon
Communications Inc, Visteon Corporation and Wirelesscar. Order a copy of this report at
http://www.reportsnreports.com/Purchase.aspx?name=296092 .

Government Regulations Pertaining to Telematics, Decrease in the Connectivity Cost and
Integration of Smartphones With Vehicles are the major market drivers discussed in this
research. The restraints mentioned for the industry include Concerns Regarding Data
Security and Privacy, Volatile Life Cycle of Electronic Systems and Lack of Telematics
Infrastructure in Emerging Countries. Increased Adoption By Banking & Insurance Industry
and Emerging Markets are opportunities mentioned for new market entrants as well as
existing automotive telematics industry players. Passenger cars are the high value market
for automotive telematics, information and navigation is the leading service segment for
the industry whereas embedded telematics lead the telematics services market.

Other new reports on automotive market
[http://www.reportsnreports.com/market-research/automotive ] available with
ReportsnReports.com include:

Automotive Multi-Wheel Drive Systems Market by Vehicle Type (Passenger Car, LCV and
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drivers, restraints, growth indicators, challenges, legislation trends, market dynamics,
competitive landscape, and other key aspects with respect to multi-wheel drive systems.
Companies like ZF Friedrichshafen AG, Magna International Inc., Borg Warner Inc.,
Continental AG¸ Jtekt Corporation, American Axle Manufacturing, Eaton Corporation PLC,
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, Active Suspension (Suspension-by-Wire), Electronic Park Brake (Park-by-Wire),
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is provided from 2012 to 2019 in thousand units. The automotive X-by-Wire systems market
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Asia-Oceania), focusing on key countries in each region. Also the market is given in terms
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