PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1481317
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1481317
Automotive Telematics Control Unit (TCU) Market Size - By Vehicle (Passenger Vehicle, Commercial Vehicle), Connectivity (Embedded, Tethered, Integrated), Sales Channel (OEMs, Aftermarket), Application, Communication Technology & Forecast, 2024 - 2032
Automotive Telematics Control Unit (TCU) Market size is projected to expand at over 13% CAGR from 2024 to 2032, propelled by the increasing demand for connected cars with advanced features like real-time diagnostics, navigation, and infotainment systems. The growing regulatory mandates for vehicle safety and emission standards are promoting the integration of telematics systems. The rising trend of electric and autonomous vehicles requiring sophisticated communication and control systems is also increasing the market penetration.
As per a report by Argonne National Laboratory, in January 2024, nearly 90,970 HEVs (hybrid electric vehicles) were sold in the U.S. Increasing automotive sales is also escalating the demand for automotive TCUs. Significant advancements in telecommunications infrastructure, such as 5G connectivity is enabling faster and more reliable data transmission to offer enhanced capabilities. The growing focus on vehicle tracking, remote monitoring, and predictive maintenance is also increasing the value proposition of TCUs, fostering their adoption in the automotive sector.
The overall industry is segregated into vehicle, connectivity, application, communication technology, sales channel, and region.
Based on vehicle, the automotive TCU market value from the commercial vehicle segment will rise at substantial rate from 2024 to 2032. This can be credited to the increasing demand for fleet management solutions and regulatory requirements for vehicle tracking and monitoring. TCUs offer features like real-time location tracking, remote diagnostics, and driver behavior monitoring to improve operational efficiency and safety in commercial fleets. The growing emphasis on logistics optimization and driver safety is also accelerating the demand for TCUs in commercial vehicles.
Automotive telematics control unit industry share from the tethered connectivity segment will grow at notable rate until 2032, owing to the widespread availability of smartphones. Tethered TCUs leverage the internet connection of smartphones to enable telematics features for offering cost-effective connectivity solutions to vehicle manufacturers and consumers. The growing demand for in-car connectivity and infotainment services is further accelerating the adoption of tethered TCUs in the automotive sector.
Regionally, the Europe automotive TCU market is estimated to expand significantly from 2024 to 2032. This can be attributed to the increasing adoption of connected cars, stringent regulations for vehicle safety and emissions, and advancements in telecommunications infrastructure. The strong automotive sector and the rising focus on innovations are increasing the appeal of TCUs. The growing consumer demand for in-car connectivity, navigation, and safety features will also drive the regional market growth.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definition
- 1.2 Base estimates & calculations
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry 360-degree synopsis, 2018 - 2032
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Supplier landscape
- 3.2.1 Raw material suppliers
- 3.2.2 Component suppliers
- 3.2.3 Telecommunication providers
- 3.2.4 Automobile manufacturers
- 3.2.5 Technology providers
- 3.2.6 Telematics service providers
- 3.2.7 End users
- 3.3 Profit margin analysis
- 3.4 Technology & innovation landscape
- 3.5 Patent analysis
- 3.6 Key news & initiatives
- 3.7 Regulatory landscape
- 3.8 Impact forces
- 3.8.1 Growth drivers
- 3.8.1.1 Increasing demand for connected car services globally.
- 3.8.1.2 Regulatory mandates for vehicle safety and security.
- 3.8.1.3. Advancements in communication technologies like 5G.
- 3.8.1.4 Expansion of IoT ecosystem in automotive industry
- 3.8.2 Industry pitfalls & challenges
- 3.8.2.1 Data privacy concerns amidst increased data collection.
- 3.8.2.2 Limited network coverage in remote or rural areas
- 3.8.1 Growth drivers
- 3.9 Growth potential analysis
- 3.10 Porter's analysis
- 3.10.1 Supplier Power Source
- 3.10.2 Buyer Power Source
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
- 3.10.5 Industry rivalry
- 3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Vehicle 2018 - 2032 ($Bn)
- 5.1 Key trends
- 5.2 Passenger vehicle
- 5.3 Commercial vehicle
Chapter 6 Market Estimates & Forecast, By Connectivity, 2018 - 2032 ($Bn)
- 6.1 Key trends
- 6.2 Embedded
- 6.3 Tethered
- 6.4 Integrated
Chapter 7 Market Estimates & Forecast, By Application, 2018 - 2032 ($Bn)
- 7.1 Key trends
- 7.2 Fleet management
- 7.3 Navigation
- 7.4 Infotainment
- 7.5 Safety and Security
- 7.6 Others
Chapter 8 Market Estimates & Forecast, By Communication Technology, 2018 - 2032 ($Bn)
- 8.1 Key trends
- 8.2 Cellular networks
- 8.2.1 3G
- 8.2.2 4G
- 8.2.3 5G
- 8.3 Satellite systems
Chapter 9 Market Estimates & Forecast, By Sales Channel, 2018 - 2032 ($Bn)
- 9.1 Key trends
- 9.2 OEMs
- 9.3 Aftermarket
Chapter 10 Market Estimates & Forecast, By Region, 2018 - 2032 ($Bn)
- 10.1 Key trends
- 10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
- 10.3 Europe
- 10.3.1 UK
- 10.3.2 Germany
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Russia
- 10.3.6 Spain
- 10.3.7 Rest of Europe
- 10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 Japan
- 10.4.3 India
- 10.4.4 South Korea
- 10.4.5 Australia
- 10.4.6 Southeast Asia
- 10.4.7 Rest of Asia Pacific
- 10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Argentina
- 10.5.4 Rest of Latin America
- 10.6 MEA
- 10.6.1 UAE
- 10.6.2 South Africa
- 10.6.3 Saudi Arabia
- 10.6.4 Rest of MEA
Chapter 11 Company Profiles
- 11.1 CalAmp Corporation
- 11.2 Continental Aktiengesellschaft (AG)
- 11.3 Fleet Complete
- 11.4 Geotab Inc.
- 11.5 Globalstar Inc.
- 11.6 Gurtam
- 11.7 Ituran Location and Control Ltd.
- 11.8 Masternaut
- 11.9 MiX Telematics Ltd.
- 11.10 Novatel Wireless Inc.
- 11.11 Orbcomm Inc.
- 11.12 Robert Bosch GmbH
- 11.13 Sierra Wireless Inc.
- 11.14 Spireon Inc.
- 11.15 Telit Communications PLC
- 11.16 TomTom Telematics
- 11.17 Trimble Inc.
- 11.18 Verizon Connect
- 11.19 Visteon Corporation
- 11.20 Webfleet Solutions
