On-Board Diagnostics Telematics Market Size to Grow by USD 2.93 billion | Government Initiatives Increasing the Adoption of OBD Telematics Systems to Drive Growth | Technavio

NEW YORK, May 9, 2022 /PRNewswire/ — The on-board diagnostics telematics market has been categorized as a part of the global automotive components and accessories market within the global auto components market. The global automotive components and accessories market covers companies engaged in the production of parts and accessories for automobiles such as passenger cars (PCs), electric vehicles (EVs), commercial vehicles (CVs), heavy-duty vehicles, off-road vehicles, motorcycles, scooters, quad bikes, and three-wheelers.

The size of the global on-board diagnostics telematics market is expected to grow by USD 2.93 bn from 2021 to 2026. The growth momentum of the market will progress at a CAGR of 12.75% during the forecast period.

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On-Board Diagnostics Telematics Market: Driver

Government initiatives increasing the adoption of OBD telematics systems is driving the growth of the global on-board diagnostics telematics market. The rise in awareness about vehicle safety and the need for real-time monitoring of vehicles and driving patterns are encouraging the governments of various countries to implement telematics-based systems in vehicles. For instance, in 1996, the US mandated the fitment of OBD systems in all light-duty vehicles. In countries such as India and China, regional navigation systems are developed, such as the Indian Regional Navigation Satellite System (IRNSS) in India and BeiDou in China, to support telematics service providers.

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On-Board Diagnostics Telematics Market: Challenge

The growing threat from embedded telematics is challenging the global on-board diagnostics telematics market growth. The main advantage of embedded connectivity is the reliability of data due to its connected environment. Hence, regulatory bodies are expected to pass legislation to encourage the installation of embedded telematics in the automotive industry. The economic growth of BRIC countries and the growing awareness among consumers about in-vehicle infotainment systems are driving the growth of the globally connected car market. OEMs are equipping their entry-level and mid-level vehicles with these systems to ensure their availability to cater to the increasing demand. Such factors will lead to a rise in demand for embedded telematics, which may pose a threat to the global OBD telematics market growth during the forecast period.

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On-Board Diagnostics Telematics Market: Segmentation Analysis

The report on the on-board diagnostics (OBD) telematics market segments the on-board diagnostics telematics market by type (passenger cars and commercial vehicles) and geography (North America, Europe, APAC, South America, and the Middle East and Africa).

North America led the on-board diagnostics telematics market in 2022, followed by Europe, APAC, South America, and the Middle East and Africa, respectively. During the forecast period, the region is expected to register the highest incremental growth due to factors such as a significant increase in focus on reducing vehicular emissions and industrial stability and affordability.

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On-Board Diagnostics Telematics Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 12.75%

Market growth 2022-2026

USD 2.93 billion

Market structure

Fragmented

YoY growth (%)

12.45

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 35%

Key consumer countries

US, Canada, China, Japan, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Advantech Co. Ltd., Autonet Mobile Inc., BorgWarner Inc., CalAmp Corp., Continental AG, Danlaw Inc., Geotab Inc., Intel Corp., Mediatronic Pty Ltd., Raven Connected Inc., Robert Bosch GmbH, Sensata Technologies Inc., SenSight Technologies Pvt Ltd., Sinocastel Co. Ltd., SquareGPS Inc., Tenna LLC, Trak Global Group, Verizon Communications Inc., Zubie Inc., and GalileoSky Research Scientific Association LLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis – Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Type

  • 5.1 Market segments
    • Exhibit 24: Chart on Type – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Type – Market share 2021-2026 (%)
  • 5.2 Comparison by Type
    • Exhibit 26: Chart on Comparison by Type
    • Exhibit 27: Data Table on Comparison by Type
  • 5.3 Passenger cars – Market size and forecast 2021-2026
    • Exhibit 28: Chart on Passenger cars – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Passenger cars – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Passenger cars – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Passenger cars – Year-over-year growth 2021-2026 (%)
  • 5.4 Commercial vehicles – Market size and forecast 2021-2026
    • Exhibit 32: Chart on Commercial vehicles – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Commercial vehicles – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Commercial vehicles – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Commercial vehicles – Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Type
    • Exhibit 36: Market opportunity by Type ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America – Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.4 Europe – Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.5 APAC – Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 7.6 South America – Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa – Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 7.8 US – Market size and forecast 2021-2026
    • Exhibit 62: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.9 Germany – Market size and forecast 2021-2026
    • Exhibit 66: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 7.10 Canada – Market size and forecast 2021-2026
    • Exhibit 70: Chart on Canada – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Canada – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Canada – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Canada – Year-over-year growth 2021-2026 (%)
  • 7.11 China – Market size and forecast 2021-2026
    • Exhibit 74: Chart on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 7.12 Japan – Market size and forecast 2021-2026
    • Exhibit 78: Chart on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Japan – Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Japan – Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 BorgWarner Inc.
    • Exhibit 89: BorgWarner Inc. – Overview
    • Exhibit 90: BorgWarner Inc. – Business segments
    • Exhibit 91: BorgWarner Inc. – Key news
    • Exhibit 92: BorgWarner Inc. – Key offerings
    • Exhibit 93: BorgWarner Inc. – Segment focus
  • 10.4 CalAmp Corp.
    • Exhibit 94: CalAmp Corp. – Overview
    • Exhibit 95: CalAmp Corp. – Business segments
    • Exhibit 96: CalAmp Corp. – Key offerings
    • Exhibit 97: CalAmp Corp. – Segment focus
  • 10.5 Continental AG
    • Exhibit 98: Continental AG – Overview
    • Exhibit 99: Continental AG – Business segments
    • Exhibit 100: Continental AG – Key news
    • Exhibit 101: Continental AG – Key offerings
    • Exhibit 102: Continental AG – Segment focus
  • 10.6 Danlaw Inc.
    • Exhibit 103: Danlaw Inc. – Overview
    • Exhibit 104: Danlaw Inc. – Product / Service
    • Exhibit 105: Danlaw Inc. – Key offerings
  • 10.7 Geotab Inc.
    • Exhibit 106: Geotab Inc. – Overview
    • Exhibit 107: Geotab Inc. – Product / Service
    • Exhibit 108: Geotab Inc. – Key news
    • Exhibit 109: Geotab Inc. – Key offerings
  • 10.8 Intel Corp.
    • Exhibit 110: Intel Corp. – Overview
    • Exhibit 111: Intel Corp. – Business segments
    • Exhibit 112: Intel Corp. – Key news
    • Exhibit 113: Intel Corp. – Key offerings
    • Exhibit 114: Intel Corp. – Segment focus
  • 10.9 Robert Bosch GmbH
    • Exhibit 115: Robert Bosch GmbH – Overview
    • Exhibit 116: Robert Bosch GmbH – Business segments
    • Exhibit 117: Robert Bosch GmbH – Key news
    • Exhibit 118: Robert Bosch GmbH – Key offerings
    • Exhibit 119: Robert Bosch GmbH – Segment focus
  • 10.10 Sinocastel Co. Ltd.
    • Exhibit 120: Sinocastel Co. Ltd. – Overview
    • Exhibit 121: Sinocastel Co. Ltd. – Product / Service
    • Exhibit 122: Sinocastel Co. Ltd. – Key offerings
  • 10.11 Trak Global Group
    • Exhibit 123: Trak Global Group – Overview
    • Exhibit 124: Trak Global Group – Product / Service
    • Exhibit 125: Trak Global Group – Key news
    • Exhibit 126: Trak Global Group – Key offerings
  • 10.12 Verizon Communications Inc.
    • Exhibit 127: Verizon Communications Inc. – Overview
    • Exhibit 128: Verizon Communications Inc. – Business segments
    • Exhibit 129: Verizon Communications Inc. – Key offerings
    • Exhibit 130: Verizon Communications Inc. – Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 131: Inclusions checklist
    • Exhibit 132: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 133: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 134: Research methodology
    • Exhibit 135: Validation techniques employed for market sizing
    • Exhibit 136: Information sources
  • 11.5 List of abbreviations
    • Exhibit 137: List of abbreviations

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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On-Board Diagnostics Telematics Market Size to Grow by USD 2.93 billion | Government Initiatives Increasing the Adoption of OBD Telematics Systems to Drive Growth | Technavio WeeklyReviewer

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