Press Release

Telematics is No Longer an Infant Industry

April 28th, 2010

Global Information, Inc. would like to present a new market research report, "Telematic Components: Technologies and Global Markets" by BCC Research.

"Telematics, as an industry, is no longer in its infancy, yet it has not yet achieved mainstream status, particularly in the consumer market because drivers have not seen the need or benefit of the higher cost," say research analysts at BCC Research. Future opportunities in telematics will continue to present themselves due to demographic changes as well as the significant changes occurring in the general automotive industry. For example, the worlds aging population may present an opportunity for telematics technology in the sense that the technology would increase safety or prolong independence of older drivers. Telematics systems provide a possibility for increasing the margins of smaller cars since they have higher margins than other automotive technologies. The vehicle cabin area remains one of the last significant spaces that have yet to see well-established features for Internet connection. According to BCC Researchs report, "Designers of electric and other alternatively fueled cars will include telematics systems as a necessity to tell consumers where they can refuel their cars."

This report provides an overview of the telematics industry and of the products and technologies used in consumer and commercial vehicles. An analysis of market segments by application and product type is included. Market projections with compound annual growth rates cover the forecast period between 2011 and 2016. This BCC Research study also contains in-depth profiles of leading companies and suppliers in the telematics industry.

Global Information Inc.(GII) - specializing in market research provision for the vertical industries, GII offers expert independent recommendations of publications from hundreds of the globe's leading market research firms.

Product Code : 117621