Highway Vehicle Telematics Market - Forecast (2023 - 2028)

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Highway Vehicle Telematics Market Forecast
(2023 - 2028)
Contact Venkat Reddy sales_at_industryarc.com
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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. 
• 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.

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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
• The Construction vertical segment held the
  highest market share in 2019. Moreover, it is
  anticipated to witness the significant market
  growth during the forecast period 2020-2025. 
   The market growth is primarily attributed to
  factors such as GPS-based technologies enabling
  automobiles working in various sectors to track
  and control the position. 
• Moreover, due to telematics benefits, end users
  may control the unknown paths, regulate driving
  speed, and maintain protection, helping project
  stakeholders to reach timely deadlines. The
  construction sector makes heavy use of telematics
  for transportation. 

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• Highway Vehicle Telematics Market
• TomTom International BV
• Zonar Systems Inc.
• Harman International Industries Inc.
• Bridgestone Europe NV/SA
• Trackunit A/S
• ORBCOMM Inc.
• Omnitracs LLC
• Topcon Corporation
• Navman Wireless
• Wacker Neuson SE

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Highway Vehicle Telematics Market Learn More
About the Report _at_ https//www.industryarc.com/
Research/Highway-Vehicle-Telematics-Market-Researc
h-504248
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_
• https//www.industryarc.com/purchasereport.php?id
  504248

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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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