PUBLISHER: Grand View Research | PRODUCT CODE: 1363023
PUBLISHER: Grand View Research | PRODUCT CODE: 1363023
Asia-Pacific Automotive Telematics Market Size, Share & Trends Analysis Report By Technology (Embedded, Tethered, Integrated), By Solution, By Vehicle, By Sales Channel, By Application, By Country, And Segment Forecasts, 2023 - 2030
Asia-Pacific Automotive Telematics Market Growth & Trends:
The Asia-Pacific automotive telematics market size is expected to reach USD 91.76 billion by 2030, registering a CAGR of 15.8 % over the forecast period, according to a study conducted by Grand View Research, Inc.. Increasing integration of telematics in three-wheeler and two-wheeler vehicles, development in the telematics control module, and enhancement in IoT and AI technologies for automotive telematics are driving the market growth. In addition, the rising adoption of telematics systems in the insurance sector to track driving attributes is further propelling the growth.
The Asia Pacific market for automotive telematics is witnessing significant transformation owing to digitalization in the automotive industry. Connected and autonomous vehicles involve the integration of a plethora of sensors and ECUs, which telematics utilizes to gather large volumes of data. The data gathered through these sensors are used to analyze parameters such as vehicle idle time, vehicle location, fuel and battery level monitoring, vehicle component health, and driver behaviors. The integration of IoT in telematics also aids logistic companies, governments, and educational institutes' fleet managers in providing analysis of the fleet's performance, safety, and availability through the culmination of streamed line data.
The embedded telematics segment is expanding; owing to the increasing integration of wireless communication features in vehicles coupled with the adoption of usage-based vehicles telematics insurance in vehicles. The segment is further expected to witness high-pace growth over the forecast period as connected sensors are becoming cost-effective, connected technology is being integrated into basic passenger vehicle models, and shared mobility fleets have become a prevalent mode of public transport in major economies, therefore these factors are supporting the growth of Asia Pacific automotive telematics industry.
Additionally, the integration of a telematics system into a vehicle allows one to observe, transmit, analyze, and archive real-time vehicle data. The data gathered through the telematics system is utilized by manufacturers to improve vehicle performance, auto service providers to know the schedule of maintenance, by insurance insurance-providing companies for driver behavior analysis among others. Therefore, increasing the use of real-time data collected through telematics systems is expected to propel the growth of the Asia Pacific market for automotive telematics.
Moreover, the growing adoption of ADAS systems with embedded telematics is aiding in reducing the number of road accidents in Asian countries. For instance, according to the statistics released by the National Police Agency, Japan, nationwide traffic accidents reduced by 1.3 in 2021 to 301,193, and traffic fatalities have reduced to 2,610 in 2022, witnessing a drop of 1.0 % as compared to 2021.
The major telematics services providers operating in the APAC automotive telematics market are taking various strategic initiatives such as partnerships, collaborations, product launches, mergers, and acquisitions to establish their footprint in the regional market. For instance, in November 2022, ATrack Technology Inc., a telematics device designer and manufacturer, launched 4G fleet management products, namely the AK500 telematics gateway and AX300 OBD tracker. These devices facilitate logistics operators to enhance efficiency and reduce their operating costs, thereby providing a competitive edge to manufacturers in the market.
Asia-Pacific Automotive Telematics MarketReport Highlights:
- The automotive telematics market in Asia Pacific is expected to witness new growth opportunities owing to the growing inclination towards connected vehicles, increased level of autonomy in vehicles, and government mandates on installing tracking devices in commercial vehicles
- The embedded segment is expected to witness significant growth over the forecast period. Factors such as the inclusion of embedded telematics systems by automobile manufacturers, increasing level of autonomy in vehicles, and enhancement in connected technology are driving segmental growth
- The commercial vehicle segment is expected to grow significantly over the forecast period. The expanding e-commerce sector in the region creates demand for the logistics and transportation segment. Truck and bus fleet managers are integrating telematics for efficient fleet management
- The OEM segment is expected to register the highest CAGR from 2023 to 2030. Telematics solution providers and hardware manufacturers generally partner with automotive OEMs, government organizations such as oil corporations, schools, and logistics service providers
- The service segment is expected to grow significantly over the forecast period. In the Asia Pacific region three-wheelers, buses, and 4-wheelers are the preferred mode of public transportation, and the rising integration of telematics systems in these vehicles has increased the number of telematics services subscribers, which contributed to high pace segmental growth
- The safety security segment is expected to grow significantly over the forecast period. The government mandates to installation of several ADAS features in commercial and passenger vehicles is a major factor driving the segmental growth. ADAS uses video-based telematics solutions to monitor your driver's actions on the road. Based on ADAS and vehicle sensors, the integration takes data and video feeds, resulting in the mapping of the driver's behavior
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Information Procurement
- 1.2.1. Purchased database.
- 1.2.2. GVR's internal database
- 1.2.3. Secondary sources & third - party perspectives
- 1.2.4. Primary research
- 1.3. Information Analysis
- 1.3.1. Data Analysis Models
- 1.4. Market Formulation & Data Visualization
- 1.5. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Asia Pacific Automotive Telematics Market Snapshot, 2022 & 2030
- 2.2. Technology Segment Snapshot, 2022 & 2030
- 2.3. Solution Segment Snapshot, 2022 & 2030
- 2.4. Vehicle Segment Snapshot, 2022 & 2030
- 2.5. Sales Segment Snapshot, 2022 & 2030
- 2.6. Application Segment Snapshot, 2022 & 2030
- 2.7. Competitive Landscape Snapshot, 2022 & 2030
Chapter 3. Asia Pacific Automotive Telematics Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Asia Pacific Automotive Telematics Market - Value Chain Analysis
- 3.3. Asia Pacific Automotive Telematics Market - Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunity Analysis
- 3.4. Industry Analysis Tools
- 3.4.1. Asia Pacific Automotive Telematics Market - Porter's Analysis
- 3.4.2. Asia Pacific Automotive Telematics Market - PESTEL Analysis
Chapter 4. Asia Pacific Automotive Telematics Market Technology Outlook
- 4.1. Asia Pacific Automotive Telematics Market Share by Technology, 2022 & 2030 (USD Million)
- 4.2. Embedded
- 4.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 4.3. Tethered
- 4.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 4.4. Integrated
- 4.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
Chapter 5. Asia Pacific Automotive Telematics Market Solution Outlook
- 5.1. Asia Pacific Automotive Telematics Market Share by Solution, 2022 & 2030 (USD Million)
- 5.2. Component
- 5.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.3. Service
- 5.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
Chapter 6. Asia Pacific Automotive Telematics Market Vehicle Outlook
- 6.1. Asia Pacific Automotive Telematics Market Share by Vehicle, 2022 & 2030 (USD Million)
- 6.2. Passenger
- 6.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.3. Commercial
- 6.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
Chapter 7. Asia Pacific Automotive Telematics Market Sales Channel Outlook
- 7.1. Asia Pacific Automotive Telematics Market Share by Sales Channel, 2022 & 2030 (USD Million)
- 7.2. OEM
- 7.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 7.3. Aftermarket
- 7.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
Chapter 8. Asia Pacific Automotive Telematics Market Application Outlook
- 8.1. Asia Pacific Automotive Telematics Market Share by Application, 2022 & 2030 (USD Million)
- 8.2. Information & Navigation
- 8.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 8.3. Safety & Security
- 8.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 8.4. Fleet Management
- 8.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 8.5. Insurance Telematics
- 8.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 8.6. Others
- 8.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
Chapter 9. Asia Pacific Automotive Telematics Market: Country Outlook
- 9.1. Asia Pacific Automotive Telematics Market Share by Country, 2022 & 2030 (USD Million)
- 9.1.1. China
- 9.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 9.1.1.2. Market Estimates and Forecast by Technology, 2018 - 2030 (USD Million)
- 9.1.1.3. Market Estimates and Forecast by Solution, 2018 - 2030 (USD Million)
- 9.1.1.4. Market Estimates and Forecast by Vehicle, 2018 - 2030 (USD Million)
- 9.1.1.5. Market Estimates and Forecast by Sales Channel, 2018 - 2030 (USD Million)
- 9.1.1.6. Market Estimates and Forecast by Application, 2018 - 2030 (USD Million)
- 9.1.2. Japan
- 9.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 9.1.2.2. Market Estimates and Forecast by Technology, 2018 - 2030 (USD Million)
- 9.1.2.3. Market Estimates and Forecast by Solution, 2018 - 2030 (USD Million)
- 9.1.2.4. Market Estimates and Forecast by Vehicle, 2018 - 2030 (USD Million)
- 9.1.2.5. Market Estimates and Forecast by Sales Channel, 2018 - 2030 (USD Million)
- 9.1.2.6. Market Estimates and Forecast by Application, 2018 - 2030 (USD Million)
- 9.1.3. India
- 9.1.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 9.1.3.2. Market Estimates and Forecast by Technology, 2018 - 2030 (USD Million)
- 9.1.3.3. Market Estimates and Forecast by Solution, 2018 - 2030 (USD Million)
- 9.1.3.4. Market Estimates and Forecast by Vehicle, 2018 - 2030 (USD Million)
- 9.1.3.5. Market Estimates and Forecast by Sales Channel, 2018 - 2030 (USD Million)
- 9.1.3.6. Market Estimates and Forecast by Application, 2018 - 2030 (USD Million)
- 9.1.4. South Korea
- 9.1.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 9.1.4.2. Market Estimates and Forecast by Technology, 2018 - 2030 (USD Million)
- 9.1.4.3. Market Estimates and Forecast by Solution, 2018 - 2030 (USD Million)
- 9.1.4.4. Market Estimates and Forecast by Vehicle, 2018 - 2030 (USD Million)
- 9.1.4.5. Market Estimates and Forecast by Sales Channel, 2018 - 2030 (USD Million)
- 9.1.4.6. Market Estimates and Forecast by Application, 2018 - 2030 (USD Million)
- 9.1.5. Australia
- 9.1.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 9.1.5.2. Market Estimates and Forecast by Technology, 2018 - 2030 (USD Million)
- 9.1.5.3. Market Estimates and Forecast by Solution, 2018 - 2030 (USD Million)
- 9.1.5.4. Market Estimates and Forecast by Vehicle, 2018 - 2030 (USD Million)
- 9.1.5.5. Market Estimates and Forecast by Sales Channel, 2018 - 2030 (USD Million)
- 9.1.5.6. Market Estimates and Forecast by Application, 2018 - 2030 (USD Million)
- 9.1.1. China
Chapter 10. Competitive Landscape
- 10.1. Company Categorization
- 10.2. Company Market Ranking/Share Analysis, 2022
- 10.3. Company Heat Map Analysis
- 10.4. Strategy Mapping
- 10.5. Company Profiles (Overview, Financial Performance, Component Overview, Strategic Initiatives)
- 10.5.1. Guangzhou Xingwei Information Technology Co. Ltd
- 10.5.2. Shenzhen Huabao Electronic Technology Co. Ltd
- 10.5.3. MiX Telematics Ltd
- 10.5.4. Concox Information Technology Co. Ltd
- 10.5.5. Trimble Inc.
- 10.5.6. Tata Consultancy Services Ltd
- 10.5.7. Tech Mahindra Limited
- 10.5.8. HARMAN International.
- 10.5.9. Suntech International
- 10.5.10. Teletrac Navman
List of Tables
- Table 1 Asia Pacific Automotive Telematics Market - Industry snapshot & key buying criteria, 2018 - 2030
- Table 2 Asia Pacific Automotive Telematics Market, 2018 - 2030 (USD Million)
- Table 3 Asia Pacific Automotive Telematics Market, by Country, 2018 - 2030 (USD Million)
- Table 4 Asia Pacific Automotive Telematics Market, by Technology, 2018 - 2030 (USD Million)
- Table 5 Asia Pacific Automotive Telematics Market, by Vehicle, 2018 - 2030 (USD Million)
- Table 6 Asia Pacific Automotive Telematics Market, by Sales Channel, 2018 - 2030 (USD Million)
- Table 7 Asia Pacific Automotive Telematics Market, by Solution, 2018 - 2030 (USD Million)
- Table 8 Asia Pacific Automotive Telematics Market, by Application, 2018 - 2030 (USD Million)
- Table 9 Asia Pacific Embedded Automotive Telematics Market, 2018 - 2030 (USD Million)
- Table 10 Asia Pacific Tethered Automotive Telematics Market, by country, 2018 - 2030 (USD Million)
- Table 11 Asia Pacific Integrated Automotive Telematics Market, 2018 - 2030 (USD Million)
- Table 12 Asia Pacific Component Automotive Telematics Market, 2018 - 2030 (USD Million)
- Table 13 Asia Pacific Service Automotive Telematics Market, by country, 2018 - 2030 (USD Million)
- Table 14 Asia Pacific Passenger Vehicle Telematics Market, 2018 - 2030 (USD Million)
- Table 15 Asia Pacific Commercial Vehicle Telematics Market, by country, 2018 - 2030 (USD Million)
- Table 16 Asia Pacific OEM Automotive Telematics Market, 2018 - 2030 (USD Million)
- Table 17 Asia Pacific Aftermarket Automotive Telematics Market, by country, 2018 - 2030 (USD Million)
- Table 18 Asia Pacific Information and Navigation Telematics Market, 2018 - 2030 (USD Million)
- Table 19 Asia Pacific Safety and Security Automotive Telematics Market, by country, 2018 - 2030 (USD Million)
- Table 20 Asia Pacific Fleet Management Telematics Market, 2018 - 2030 (USD Million)
- Table 21 Asia Pacific Insurance Telematics Market, by country, 2018 - 2030 (USD Million)
- Table 22 Other Asia Pacific Automotive Telematics Market, 2018 - 2030 (USD Million)
- Table 23 China automotive telematics Market, 2018 - 2030 (USD Million)
- Table 24 China automotive telematics Market, by component, 2018 - 2030 (USD Million)
- Table 25 China automotive telematics Market, by solution, 2018 - 2030 (USD Million)
- Table 26 China automotive telematics Market, by vehicle, 2018 - 2030 (USD Million)
- Table 27 China automotive telematics Market, by sales channel, 2018 - 2030 (USD Million)
- Table 28 Japan automotive telematics Market, by application, 2018 - 2030 (USD Million)
- Table 29 Japan automotive telematics Market, 2018 - 2030 (USD Million)
- Table 30 Japan automotive telematics Market, by component, 2018 - 2030 (USD Million)
- Table 31 Japan automotive telematics Market, by solution, 2018 - 2030 (USD Million)
- Table 32 Japan automotive telematics Market, by vehicle, 2018 - 2030 (USD Million)
- Table 33 Japan automotive telematics Market, by sales channel, 2018 - 2030 (USD Million)
- Table 34 Japan automotive telematics Market, by application, 2018 - 2030 (USD Million)
- Table 35 India automotive telematics Market, 2018 - 2030 (USD Million)
- Table 36 India automotive telematics Market, by component, 2018 - 2030 (USD Million)
- Table 37 India automotive telematics Market, by solution, 2018 - 2030 (USD Million)
- Table 38 India automotive telematics Market, by vehicle, 2018 - 2030 (USD Million)
- Table 39 India automotive telematics Market, by sales channel, 2018 - 2030 (USD Million)
- Table 40 India automotive telematics Market, by application, 2018 - 2030 (USD Million)
- Table 41 South Korea automotive telematics Market, 2018 - 2030 (USD Million)
- Table 42 South Korea automotive telematics Market, by component, 2018 - 2030 (USD Million)
- Table 43 South Korea automotive telematics Market, by solution, 2018 - 2030 (USD Million)
- Table 44 South Korea automotive telematics Market, by vehicle, 2018 - 2030 (USD Million)
- Table 45 South Korea automotive telematics Market, by sales channel, 2018 - 2030 (USD Million)
- Table 46 South Korea automotive telematics Market, by application, 2018 - 2030 (USD Million)
- Table 47 Australia automotive telematics Market, 2018 - 2030 (USD Million)
- Table 48 Australia automotive telematics Market, by component, 2018 - 2030 (USD Million)
- Table 49 Australia automotive telematics Market, by solution, 2018 - 2030 (USD Million)
- Table 50 Australia automotive telematics Market, by vehicle, 2018 - 2030 (USD Million)
- Table 51 Australia automotive telematics Market, by sales channel, 2018 - 2030 (USD Million)
- Table 52 Australia automotive telematics Market, by application, 2018 - 2030 (USD Million)
List of Figures
- Fig. 1 Market segmentation and scope
- Fig. 2 Asia Pacific Automotive Telematics Market, 2018 - 2030 (USD Million)
- Fig. 3 Asia Pacific Automotive Telematics Market - Value chain analysis
- Fig. 4 Asia Pacific Automotive Telematics Market - Market dynamics
- Fig. 5 Asia Pacific Automotive Telematics Market - Key Market driver impact
- Fig. 6 Asia Pacific Automotive Telematics Market - Key Market restraint impact
- Fig. 7 Asia Pacific Automotive Telematics Market - Key opportunities prioritized
- Fig. 8 Asia Pacific Automotive Telematics Market - Porter's five forces analysis
- Fig. 9 Asia Pacific Automotive Telematics Market - PESTEL analysis
- Fig. 10 Asia Pacific Automotive Telematics Market, by Component, 2022
- Fig. 11 Asia Pacific Automotive Telematics Market, by Solution, 2022
- Fig. 12 Asia Pacific Automotive Telematics Market, by Vehicle, 2022
- Fig. 13 Asia Pacific Automotive Telematics Market, by Sales channel, 2022
- Fig. 14 Asia Pacific Automotive Telematics Market, by Application, 2022
- Fig. 15 Asia Pacific Automotive Telematics Market, by Country, 2022
- Fig. 16 Asia Pacific Automotive Telematics Market - Country takeaways
- Fig. 17 Asia Pacific Automotive Telematics Market - Key takeaways
