Off-Highway Vehicle Telematics Market, By Technology (Cellular and Satellite), By Sales Channel (Original Equipment Manufacturers (OEM) and Aftermarket), By End-Use Application (Construction, Agriculture, and Mining), By Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) – Market Trends, Analysis, and Forecast Till 2029.

Report Code: PMI448220 | Publish Date: November 2023 | No. of Pages: 170

Global Off Highway Vehicle Telematics Market Overview

A telematics system includes a vehicle tracking device installed in a vehicle that allows the sending, receiving and storing of telemetry data. The telematics data include location, speed, idling time, harsh acceleration or braking, fuel consumption, and vehicle faults. When analyzed for particular events and patterns, this information can provide in-depth insights across an entire fleet. By advancements in telecommunication and information technology, telematics is now being used across various industries for transportation and logistics purposes. Recently, the application's focus has shifted from vehicle location and routing to solutions focused on drivers and their safety. By monitoring the driving behavior, vehicle health and maintenance intervals, telematics solutions help minimize accidental incidents, speeding tickets, and downtime.

Impact of COVID-19 pandemic on market

At the starting of 2020, COVID-19 disease began to spread around the world; many more peoples are infected with COVID-19 disease, and major countries around the world send the orders to companies for employee prohibition and work stoppage. Every organization is prepared for the loss by this pandemic. Hence the off-highway telematics market also affected by the COVID-29 lockdown scenario, as fluctuation in the demand and supply chain it ultimately links to industry-specific developments. The recession in the global automotive sector, the decline in manufacturing in countries like Germany, India, and China, and recent COVID-19 outbreak are expected to affect the studied market negatively in the short run. This report will quantify the impact of this pandemic on the off-highway telematics market by revenue prospects of the industry.

Global Off Highway Vehicle Telematics Market Dynamics

Presence of regulatory policies to increase security and safety of off-highway vehicles

Governments across numerous countries are developing stringent policies to ensure safety and security of off-highway vehicles. This includes periodic inspection, timely servicing of brakes, and integration of electronic tools and communication systems in these vehicles. Key trends observed in the global off-highway vehicle (OHV) telematics market are collaboration between OEMs and telematics service providers, adoption of dual mode service option for M2M communication, reduction in the cost of telematics services and high adoption of telematics by rental equipment companies. According to the U.S. Department of Labor’s work practice established for operation of heavy equipment, it is obligatory to check engine parts, service brakes and other accessories of heavy equipment such as dump trucks and loaders at the beginning of each shift, in order to ensure safety.

Growing reduction of end users to change business practices is expected to restrain growth of the global market as well as lack of training for the use in heavy equipment is expected to hinder the global off-high vehicle (OHV) telematics market.

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Global Off Highway Vehicle Telematics Market Segmentation

The global off-highway vehicle telematics market is segmented based on the technology, sales channel, end-use application, and region.

Based on the technology, the global off-highway vehicle telematics market is segmented into cellular, and satellite. Cellular segment is expected to amend the market from 2018.

On the basis of sales channel, the global market is divided into original equipment manufacturers (OEM), and aftermarket. End users generally prefer telematics services provided by OEMs as compared to those provided by aftermarket telematics service providers. OEMs collaborate with various telematics companies to offer enhanced services to end users and gain great advantage in the long term. 

Depending upon the end-use application, the target market is explored into construction, agriculture and mining.

Regional insights:

According to the region, market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America has been estimated to dominate the the global off-highway vehicle (OHV) telematics market over the forecast period 2019-29. This is mainly attributed due to the increasing strict rules regulation from government authorities. Furthermore, adoption of telematics is well received from industries in North America, as this improves total cost of ownership.  Europe, Asia Pacific is also expected to account significant high growth rate. Among all regions. Latin America market is anticipated to register the highest rise over 2019–2029.

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Detail Segmentation:

Attribute                      

Details

The base year for estimation

2019

Forecast Period

2019 - 2029

Market Representation

Revenue in USD Million & CAGR from 2019-2029

Market Segmentation

By Technology – Cellular and Satellite

By Sales Challenge– Original Equipment Manufacturers (OEM) and Aftermarket

By End-Use Application – Construction, Agriculture and Mining

By Region - North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Regional Scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered in the report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029.  For the purpose of this study, has segmented the global off-highway vehicle telematics market report based on technology, sales channel, end-user application, and region.

Global Off-Highway Vehicle Telematics Market, by Technology:

  • Cellular
  • Satellite

Global Off-Highway Vehicle Telematics Market, by Sales Channel:

  • Original Equipment Manufacturers (OEM)
  • Aftermarket

Global Off-Highway Vehicle Telematics Market, by End-User Application:

  • Construction
  • Agriculture
  • Mining

Global Urban Air Mobility Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Off Highway Vehicle Telematics Market Key Players

Key players in the urban air mobility market include CalAmp, Caterpillar, CNH Industrial, Deere & Company, Doosan, JCB, Komatsu, Mix Telematics, Omnitracs, and ORBCOMM. Partnerships, expansions, collaborations, mergers & acquisitions, joint ventures, and others are some of the strategies adopted by these manufacturers to gain strong foothold in the market. For instance, in April 2019, ORBCOMM Inc. launched its enhanced web platform and its latest telematics devices for heavy equipment industry.

Global Off Highway Vehicle Telematics Market Company Profile

  • CalAmp
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Overview
    • Business Strategies
    • Caterpillar
  • CNH Industrial
  • Deere & Company
  • Doosan
  • JCB
  • Komatsu
  • Mix Telematics
  • Omnitracs
  • ORBCOMM

Global Off Highway Vehicle Telematics Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Technology
      • Market Snippet, By Sales Channel
      • Market Snippet, By End-Use Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Off-Highway Vehicle Telematics Market, By Technology, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Cellular
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Satellite
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Off-Highway Vehicle Telematics Market, By Sales Channel , Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Original Equipment
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Manufacturers (OEM)
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Aftermarket
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Off-Highway Vehicle Telematics Market, By End-Use Application , Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Construction
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Agriculture
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Mining
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Off-Highway Vehicle Telematics Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Technology, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Sales Channel , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By End-Use Application , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Technology, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Sales Channel , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By End-Use Application , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Technology, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Sales Channel , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By End-Use Application , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Technology, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Sales Channel , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-Use Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Technology, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Sales Channel , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-Use Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  2. Company Profiles
  • CalAmp
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Caterpillar
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • CNH Industrial
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Deere & Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Doosan
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • JCB
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Komatsu
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mix Telematics
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Omnitracs
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • ORBCOMM
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Off-Highway Vehicle Telematics Market report segments the market been segmented on the basis of technology, sales channel, end user application, and region.

Growth of the global off-highway vehicle (OHV) telematics market is influenced by a number of factors such as the recovering construction industry, increasing demand for precision agriculture, and focus on operational excellence in the mining industry.

North America region contributes to the largest share in the global off highway vehicle telematics market

The leading players operating in the Off-Highway Vehicle Telematics Market includes CalAmp, Caterpillar, CNH Industrial, Deere & Company, Doosan, JCB, Komatsu, Mix Telematics, Omnitracs, and ORBCOMM.