PUBLISHER: BCC Research | PRODUCT CODE: 1147801
PUBLISHER: BCC Research | PRODUCT CODE: 1147801
The global commercial vehicle telematics market should reach $81.5 billion by 2027 from $36.9 billion in 2022 at a compound annual growth rate (CAGR) of 17.2% for the forecast period of 2022 to 2027.
North American commercial vehicle telematics market is expected to grow from $24.4 billion in 2022 to $51.5 billion in 2027 at a CAGR of 16.1% for the forecast period of 2022 to 2027.
Asia-Pacific commercial vehicle telematics market is expected to grow from $4.4 billion in 2022 to $13.8 billion in 2027 at a CAGR of 25.7% for the forecast period of 2022 to 2027.
This report analyzes different product types, connectivity, applications, sales channels, vehicle types, end-use industries and regional market development for commercial vehicles. Furthermore, we have also covered market analysis for major countries in this report (the U.S., China, Germany and others) where the opportunities for commercial vehicles are lucrative.
This report is simple, with an easy-to-understand format. Tables and figures are included to illustrate historical, current and future market scenarios. This report also covers leading companies with information on product types, business footprint, revenue and more. There is a list of other companies in global and regional markets. The report includes a patent analysis for the automotive telematics market, representing a significant investment area for investors.
This report incorporates the impact of COVID-19 and the Russia/Ukraine war on global and regional markets.
In this report, 2021 is used as the market's base year, estimated values are provided for 2022 and the market values are forecast for the period of 2022-2027. All market values are provided in billions of dollars and market shares and CAGRs are provided in percentages.
Figure A : Research Steps