Title: Highway Vehicle Telematics Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026
1Highway Vehicle Telematics MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- The Global market for high vehicle telematics is
forecast to reach 19.4 billion by 2025, growing
at a CAGR of 21.4 from 2020 to 2025. - The market growth is attributed to the factors
such as growing applications among different
verticals including agriculture, mining,
construction and others. - Moreover technological developments, safety,
security, theft recovery and others boosts the
market growth.
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- Key Takeaways
- Growing demand from construction and mining
industry leverages a positive impact on the
market growth of highway vehicle telematics. - APAC region is anticipated to dominate the global
high vehicle telematics market in the forecast
period 2020-2025 owing to growing digitization,
technological developments, strategic
collaborations and others.
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By Distribution Channel- Segment
Analysis Satellite segment held the highest
market share of high vehicle telematics in 2019.
Moreover, it is anticipated to witness the
significant market growth during the forecast
period 2020-2025. The market growth is owing to
its features including Vehicle tracking, Trailer
and asset tracking, Maintenance improvements,
Safety tracking, and others. A combination of GPS
satellites, antennas, GPRS networks and cloud
technology makes highway vehicle tracking. The
GPS receiver collects and stores knowledge from
GPS satellites for use in devices such as GPS
vehicle navigation systems.
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- Highway Vehicle Telematics Market Industry
Outlook - TomTom International BV
- Zonar Systems Inc
- Harman International Industries Inc.
- Bridgestone Europe NV/SA
- Trackunit A/S
- ORBCOMM Inc.
- Omnitracs LLC,
- Topcon Corporation
-
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Highway Vehicle Telematics Market -
Forecast(2021 - 2026) Learn More About the
Report _at_ https//www.industryarc.com/Research/Hi
ghway-Vehicle-Telematics-Market-Research-504248
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
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