DUBLIN, Feb. 2, 2021 /PRNewsCentre/ — The "Germany Automotive Telematics Market Research Report: By Product Type, Service, Channel, Vehicle Type, Verticals, Offerings – Industry Analysis and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com’s offering.
The German automotive telematics market is predicted to attain a revenue of $7,748.0 million by 2030, increasing from $1.408.2 million in 2019, progressing at a 16.5% CAGR during the forecast period (2020-2030)
The market is registering growth due to the extensive government support, in terms of regulation and policy formulation, for integrating such systems in automobiles, and rising preference for a safer driving alternative. On the basis of product type, the market is divided into integrated, embedded, and tethered.
Out of all these, the embedded division held the major share of the market in the past, owing to the regulatory policies in the EU that mandating the use of telematics systems. In addition to this, the division is also growing due to the rising demand for cloud-based services and increasing requirement for optimizing cost of service plans. The integrated division is expected to register the highest CAGR during the forecast period.
When service is taken into consideration, the German automotive telematics market is categorized into vehicle to everything, insurance telematics, safety & security, fleet/asset management, remote diagnostics, and infotainment and navigation. Among these, the safety & security category is predicted to witness the fastest growth during the forecast period.
The demand for passenger safety in vehicles has risen, owing to the development of automated driving and intelligent transport systems technology. Moreover, governments have taken initiatives for increasing vehicle safety in a number of countries.
In conclusion, the market is registering growth due to need for safer driving options and increasing adoption of telematics solutions in off-highway vehicles.
Key Topics Covered:
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Key Stakeholders
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Market Indicators
4.1 Increasing Adoption of Connected Cars
4.2 Increasing Adoption of Electric Vehicles
4.3 Growth Recovery of Passenger Cars and Commercial Vehicles Sales
Chapter 5. Introduction
5.1 Voice of Industry Experts/KOLs
5.2 Definition of Market Segments
5.2.1 By Product Type
5.2.2 By Service
220.127.116.11 Safety and security
18.104.22.168 Infotainment and navigation
22.214.171.124 Remote diagnostics
126.96.36.199 Fleet/asset management
188.8.131.52 Insurance telematics
5.2.3 By Channel
5.2.4 By Vehicle Type
184.108.40.206 Passenger car
220.127.116.11 Commercial vehicle
18.104.22.168 Construction machines
5.2.5 By Verticals
22.214.171.124 Transportation and logistics
126.96.36.199 Government and utilities
188.8.131.52 Travel and tourism
184.108.40.206 Media and entertainment
5.2.6 By Offerings
5.3 Value Chain Analysis
5.4 Market Dynamics
220.127.116.11 Increasing number of partnership and collaborations
18.104.22.168 Increasing adoption of telematics solutions in off-highway vehicles
22.214.171.124 Increasing preference towards a safer driving alternative
126.96.36.199 Government support through policy formulation
188.8.131.52 Impact analysis of drivers on market forecast
184.108.40.206 Cyberattack and data breach threats
220.127.116.11 Increased vehicle price
18.104.22.168 Impact analysis of restraints on market forecast
22.214.171.124 Deployment of autonomous vehicles
126.96.36.199 Shift toward 5G technology from 4G LTE
5.5 Porter’s Five Forces Analysis
Chapter 6. Impact of COVID-19 on the Market
Chapter 7. Regulatory Landscape
Chapter 8. Germany Market Size and Forecast
8.1 By Product Type
8.2 By Service
8.3 By Channel
8.4 By Vehicle Type
8.5 By Vertical
8.6 By Offerings
Chapter 9. Competitive Landscape
9.1 List of Players Offerings Telematics Solution
9.1.1 Small Players
9.1.2 Mid-Sized Players
9.1.3 Major players
9.2 Competitive Benchmarking of Key Players
9.3 Product Benchmarking of Key Players
9.4 Recent Strategic Developments
9.4.1 Product Launches
9.4.3 Mergers and Acquisitions
9.4.4 Other Developments
Chapter 10. Company Profile of Major Players
10.1 Robert Bosch GmbH
10.2 Valeo SA
10.3 Continental AG
10.4 MiX Telematics Ltd.
10.5 Verizon Communications Inc.
Chapter 11. Company Profile of Small and Medium-Size Players
11.1 AREALCONTROL GmbH
11.2 FleetGO Group Ltd.
11.3 MAC & NIL srl
11.4 frameLOGIC PL
11.5 Emixis SA
11.6 CVS Mobile Inc.
11.7 Mireo d.d.
11.8 Axtech AB (redKnows)
11.10 Loqus Holdings p.l.c.
For more information about this report visit https://www.researchandmarkets.com/r/m03anw
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SOURCE: Research and Markets