PUBLISHER: The Business Research Company | PRODUCT CODE: 1888363
PUBLISHER: The Business Research Company | PRODUCT CODE: 1888363
Off-highway vehicle telematics refers to the use of advanced communication and data technologies to monitor, manage, and optimize the performance of off-road vehicles. This involves real-time data collection on location, usage, fuel consumption, and machine health. These telematics help enhance operational efficiency, improve safety, enable predictive maintenance, and reduce downtime through remote monitoring and data-driven insights.
The key components of off-highway vehicle telematics are hardware, software, and services. Hardware includes physical devices such as sensors, telematics control units, and communication modules used to collect, transmit, and process vehicle data for real-time monitoring and management. These devices operate on cellular and satellite technologies and are applied in fleet management, vehicle tracking, fuel management, safety and security, and others, serving end uses including construction, agriculture, mining, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The swift increase in U.S. tariffs and the ensuing trade tensions in spring 2025 are significantly affecting the transport services sector by driving up costs for vehicles, spare parts, and fuel, key inputs often sourced from tariff-affected regions. Freight operators, logistics providers, and public transportation systems are facing squeezed profit margins as higher equipment and maintenance costs coincide with limited ability to pass on these expenses to customers due to competitive pressures. The uncertainty has also delayed fleet modernization and the adoption of greener, more efficient vehicles, slowing progress toward sustainability goals. To adapt, transport firms are optimizing route planning, investing in fuel efficiency technologies, renegotiating supplier contracts, and exploring collaborative logistics models to share costs and mitigate the impact of higher tariffs.
The off-highway vehicle telematics market research report is one of a series of new reports from The Business Research Company that provides off-highway vehicle telematics market statistics, including off-highway vehicle telematics industry global market size, regional shares, competitors with a off-highway vehicle telematics market share, detailed off-highway vehicle telematics market segments, market trends and opportunities, and any further data you may need to thrive in the off-highway vehicle telematics industry. This off-highway vehicle telematics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The off-highway vehicle telematics market size has grown strongly in recent years. It will grow from $1.71 billion in 2024 to $1.87 billion in 2025 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to rising adoption of telematics in construction equipment, increasing demand for fleet optimization, stronger focus on equipment safety, expansion of remote monitoring solutions, and higher operational efficiency requirements.
The off-highway vehicle telematics market size is expected to see strong growth in the next few years. It will grow to $2.67 billion in 2029 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to rising adoption of internet of things (IoT), increasing government incentives for smart construction solutions, higher demand for real-time data analytics, expansion of cloud-based telematics services, and growing need for fuel efficiency and emission control. Key trends in the forecast period include innovations in predictive maintenance algorithms, developments in vehicle-to-cloud connectivity, research and development in autonomous off-highway machinery, investment in edge computing solutions for telematics, and advancements in AI-based fleet optimization tools.
The rising demand for off-highway vehicles is expected to drive the growth of the off-highway vehicle telematics market going forward. Off-highway vehicles (OHVs) are specialized vehicles designed for use on rough, unpaved, or off-road terrains rather than public roads. Demand for OHVs is increasing as growing construction and mining activities require robust machinery to operate efficiently on challenging terrains. Off-highway vehicle telematics supports this demand by enabling real-time monitoring, predictive maintenance, and improved operational efficiency. It facilitates better fleet management, reduces downtime, and increases productivity, driving adoption across construction, mining, and agricultural sectors. For example, in May 2025, the Consumer Federation of America, a US-based non-profit organization, reported that off-highway vehicle-related fatalities in the U.S. rose from 498 in 2023 to 632 in early 2024, reflecting increased off-road vehicle usage. Therefore, the growing demand for off-highway vehicles is fueling the growth of the off-highway vehicle telematics market.
Key companies in the off-highway vehicle telematics market are focusing on developing advanced connectivity solutions, such as cloud-based platform access, to boost efficiency, enable data-driven decision-making, and streamline farm management. Cloud-based platform access refers to integrated systems that allow agricultural machinery to share real-time operational data with farm management software for centralized monitoring and analysis. For instance, in November 2023, Continental AG, a Germany-based automotive and technology manufacturing company, launched a scalable telematics platform specifically designed for agricultural machinery. It leverages Continental's expertise in connecting cars and trucks and adapts it for farm equipment. The solution provides seamless cloud access, allowing farmers to monitor and analyze machine data such as fuel consumption, working areas, and material usage. This integration enables automatic transfer of task data, supporting compliance and optimized resource allocation without manual effort.
In October 2025, Geotab Inc., a Canada-based telematics company, acquired Verizon Connect Inc. for an undisclosed amount. Through this acquisition, Geotab aims to expand its global presence in fleet and off-highway vehicle telematics, grow its customer base, and enhance data analytics by integrating Verizon Connect's fleet solutions with its own telematics platform for greater efficiency and real-time insights. Verizon Connect Inc., a US-based telematics and fleet management company, provides off-highway vehicle (OHV) telematics solutions.
Major players in the off-highway vehicle telematics market are Caterpillar Inc., Deere & Company, Bridgestone Europe NV, Komatsu Ltd., CNH Industrial NV, Kubota Corporation, Liebherr-International AG., AGCO Corporation, Volvo Construction Equipment AB, Hitachi Construction Machinery Co. Ltd., Hexagon AB, Terex Corporation, Trimble Inc., Wacker Neuson S.E., Actia Group SA, Geotab Inc., Tenna LLC, Redtail Telematics Corporation, Teletrac Navman Group, Hydro Electronic Devices Inc., TTControl GmbH, Digital Matter Pty. Ltd., and DPL Telematics LLC.
North America was the largest region in the off-highway vehicle telematics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in off-highway vehicle telematics report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the off-highway vehicle telematics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The off-highway vehicle telematics market includes revenues earned by providing services such as remote diagnostics and predictive maintenance, cloud-based data analytics, route and asset optimization, cybersecurity and data protection, and remote equipment immobilization and recovery services. The market value includes the value of related goods sold by the service provider or included within the service offering. The off-highway vehicle telematics market also includes sales of onboard telematics control units, advanced communication gateways, integrated display and monitoring systems, and multi-sensor data acquisition modules. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Off-Highway Vehicle Telematics Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on off-highway vehicle telematics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for off-highway vehicle telematics ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The off-highway vehicle telematics market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.