Indian Commercial Telematics Market- By Vehicle Type; By Components; By Services Offered; By region - Forecast(2024 - 2030)
Indian Commercial Telematics Market Size is forecast to reach $ 5998 Million by 2030, at a CAGR of 16.50% during forecast period 2024-2030.Commercial Telematics are information and telecommunication products which combine computers and telecommunication services used to transfer large amounts of data in vehicles. Commercial telematics are used to provide rapid informational access and to assist the companies to manage their supply chain and logistics operations. The growth of commercial telematics market can be attributed to the changing governmental regulations as well as growth in the fleet management market. Another driver for this market is the growth of smartphones which has resulted in growth in integrated telematics services that are used for real time updates and alerts. The increased sales of automobiles as well as smartphone devices are set to propel the telematics market. India is considered to be one of the emerging markets for commercial telematics industry on the back of thriving infrastructure projects and also due to the integration of technology and communications into all industry verticals.
IndustryARC estimates Indian commercial telematics market size for the year 2014 to be around $XX billion. Commercial telematics market is forecast to exhibit a growth rate of XX% through 2020 and reach $XX billion by 2020. This high growth rate is attributed to the increased demand for connected vehicles and a surge in fleet management services customers across each industry.
Major Commercial Telematics solutions offered are fleet management, Logistics and Supply Chain Solutions, Scheduling, Routing and Planning and also GPS navigation. Fleet Management System is the largest market in the commercial automotive telematics market. Usage Based Insurance (UBI) and GPS Navigation Systems are the fastest growing segments on the back of favorable government regulations in the Indian market.
The use of sensors in numerous sorts of vehicle applications such as Vehicle tracking, vehicle maintenance alerts and other telematics applications have considerably gained the pace over the past few years. Wireless and Bluetooth based systems are also being vigorously deployed in vehicles to assist the drivers regarding scheduling and planning of the fleets and logistics activities. In 2014, Satellites support systems and GPS powered applications were remarkably adopted by the fleet management companies at a higher scale. The communication device containing telematics application market was estimated to be $XX billion in 2014 and is expected to reach $XX billion by 2020 at a CAGR of XX%. Sensors in any embedded technology application govern the accuracy and credibility of the output generated by those applications. Door sensors, fleet sensors, hook/unhook sensors and many others type of sensors are being used as a key component for designing telematics solutions for fleet control and management. The market for the sensors used in commercial automotive telematics was reported to be $XX billion and is projected to grow at a CAGR of XX% accounting to $XX billion by 2020.
The safety regulations imposed by the government in these countries have mandated the deployment of vehicle tracking system in all classes of automobiles. The commercial telematics market is perceived to grow at a promising rate of XX% in emerging economies of the world such as BRIC countries that have been included in the other published reports.
The report is segmented based on the vehicle types, components, services offered and geographic regions. The market share analysis, strategies and future opportunities are also discussed in the report. The service market has been aiding the market in earning significant revenues apart from the hardware and software sales, with an augmented segment of the end-users, preferring the maintenance and outsourcing services instead of the in-house purchase and the subsequent maintenance.
Key Market Players:
The Top 5 companies in Indian Commercial Telematics Market are:
- Aeris Communications
- Tata motors
- Mahindra & Mahindra
- Trimble
- Bosch Limited
List of Tables:
Table 1: Indian Commercial Telematics Market Overview 2023-2030
Table 2: Indian Commercial Telematics Market Leader Analysis 2023-2030 (US$)
Table 3: Indian Commercial Telematics Market Product Analysis 2023-2030 (US$)
Table 4: Indian Commercial Telematics Market End User Analysis 2023-2030 (US$)
Table 5: Indian Commercial Telematics Market Patent Analysis 2013-2023* (US$)
Table 6: Indian Commercial Telematics Market Financial Analysis 2023-2030 (US$)
Table 7: Indian Commercial Telematics Market Driver Analysis 2023-2030 (US$)
Table 8: Indian Commercial Telematics Market Challenges Analysis 2023-2030 (US$)
Table 9: Indian Commercial Telematics Market Constraint Analysis 2023-2030 (US$)
Table 10: Indian Commercial Telematics Market Supplier Bargaining Power Analysis 2023-2030 (US$)
Table 11: Indian Commercial Telematics Market Buyer Bargaining Power Analysis 2023-2030 (US$)
Table 12: Indian Commercial Telematics Market Threat of Substitutes Analysis 2023-2030 (US$)
Table 13: Indian Commercial Telematics Market Threat of New Entrants Analysis 2023-2030 (US$)
Table 14: Indian Commercial Telematics Market Degree of Competition Analysis 2023-2030 (US$)
Table 15: Indian Commercial Telematics Market Value Chain Analysis 2023-2030 (US$)
Table 16: Indian Commercial Telematics Market Pricing Analysis 2023-2030 (US$)
Table 17: Indian Commercial Telematics Market Opportunities Analysis 2023-2030 (US$)
Table 18: Indian Commercial Telematics Market Product Life Cycle Analysis 2023-2030 (US$)
Table 19: Indian Commercial Telematics Market Supplier Analysis 2023-2030 (US$)
Table 20: Indian Commercial Telematics Market Distributor Analysis 2023-2030 (US$)
Table 21: Indian Commercial Telematics Market Trend Analysis 2023-2030 (US$)
Table 22: Indian Commercial Telematics Market Size 2023 (US$)
Table 23: Indian Commercial Telematics Market Forecast Analysis 2023-2030 (US$)
Table 24: Indian Commercial Telematics Market Sales Forecast Analysis 2023-2030 (Units)
Table 25: Indian Commercial Telematics Market, Revenue & Volume, By Vehicle Type, 2023-2030 ($)
Table 26: Indian Commercial Telematics Market By Vehicle Type, Revenue & Volume, By Trucks, 2023-2030 ($)
Table 27: Indian Commercial Telematics Market By Vehicle Type, Revenue & Volume, By Semi-Trailer Trucks, 2023-2030 ($)
Table 28: Indian Commercial Telematics Market By Vehicle Type, Revenue & Volume, By Motor Coach or Bus, 2023-2030 ($)
Table 29: Indian Commercial Telematics Market By Vehicle Type, Revenue & Volume, By Taxi Cab, 2023-2030 ($)
Table 30: Indian Commercial Telematics Market By Vehicle Type, Revenue & Volume, By Trailers, 2023-2030 ($)
Table 31: North America Indian Commercial Telematics Market, Revenue & Volume, By Vehicle Type, 2023-2030 ($)
Table 32: South america Indian Commercial Telematics Market, Revenue & Volume, By Vehicle Type, 2023-2030 ($)
Table 33: Europe Indian Commercial Telematics Market, Revenue & Volume, By Vehicle Type, 2023-2030 ($)
Table 34: APAC Indian Commercial Telematics Market, Revenue & Volume, By Vehicle Type, 2023-2030 ($)
Table 35: Middle East & Africa Indian Commercial Telematics Market, Revenue & Volume, By Vehicle Type, 2023-2030 ($)
Table 36: Russia Indian Commercial Telematics Market, Revenue & Volume, By Vehicle Type, 2023-2030 ($)
Table 37: Israel Indian Commercial Telematics Market, Revenue & Volume, By Vehicle Type, 2023-2030 ($)
Table 38: Top Companies 2023 (US$) Indian Commercial Telematics Market, Revenue & Volume
Table 39: Product Launch 2023-2030 Indian Commercial Telematics Market, Revenue & Volume
Table 40: Mergers & Acquistions 2023-2030 Indian Commercial Telematics Market, Revenue & Volume
List of Figures:
Figure 1: Overview of Indian Commercial Telematics Market 2023-2030
Figure 2: Market Share Analysis for Indian Commercial Telematics Market 2023 (US$)
Figure 3: Product Comparison in Indian Commercial Telematics Market 2023-2030 (US$)
Figure 4: End User Profile for Indian Commercial Telematics Market 2023-2030 (US$)
Figure 5: Patent Application and Grant in Indian Commercial Telematics Market 2013-2023* (US$)
Figure 6: Top 5 Companies Financial Analysis in Indian Commercial Telematics Market 2023-2030 (US$)
Figure 7: Market Entry Strategy in Indian Commercial Telematics Market 2023-2030
Figure 8: Ecosystem Analysis in Indian Commercial Telematics Market 2023
Figure 9: Average Selling Price in Indian Commercial Telematics Market 2023-2030
Figure 10: Top Opportunites in Indian Commercial Telematics Market 2023-2030
Figure 11: Market Life Cycle Analysis in Indian Commercial Telematics Market
Figure 12: GlobalBy Vehicle Type Indian Commercial Telematics Market Revenue, 2023-2030 ($)
Figure 13: Global Indian Commercial Telematics Market - By Geography
Figure 14: Global Indian Commercial Telematics Market Value & Volume, By Geography, 2023-2030 ($)
Figure 15: Global Indian Commercial Telematics Market CAGR, By Geography, 2023-2030 (%)
Figure 16: North America Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 17: US Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 18: US GDP and Population, 2023-2030 ($)
Figure 19: US GDP – Composition of 2023, By Sector of Origin
Figure 20: US Export and Import Value & Volume, 2023-2030 ($)
Figure 21: Canada Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 22: Canada GDP and Population, 2023-2030 ($)
Figure 23: Canada GDP – Composition of 2023, By Sector of Origin
Figure 24: Canada Export and Import Value & Volume, 2023-2030 ($)
Figure 25: Mexico Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 26: Mexico GDP and Population, 2023-2030 ($)
Figure 27: Mexico GDP – Composition of 2023, By Sector of Origin
Figure 28: Mexico Export and Import Value & Volume, 2023-2030 ($)
Figure 29: South America Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 30: Brazil Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 31: Brazil GDP and Population, 2023-2030 ($)
Figure 32: Brazil GDP – Composition of 2023, By Sector of Origin
Figure 33: Brazil Export and Import Value & Volume, 2023-2030 ($)
Figure 34: Venezuela Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 35: Venezuela GDP and Population, 2023-2030 ($)
Figure 36: Venezuela GDP – Composition of 2023, By Sector of Origin
Figure 37: Venezuela Export and Import Value & Volume, 2023-2030 ($)
Figure 38: Argentina Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 39: Argentina GDP and Population, 2023-2030 ($)
Figure 40: Argentina GDP – Composition of 2023, By Sector of Origin
Figure 41: Argentina Export and Import Value & Volume, 2023-2030 ($)
Figure 42: Ecuador Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 43: Ecuador GDP and Population, 2023-2030 ($)
Figure 44: Ecuador GDP – Composition of 2023, By Sector of Origin
Figure 45: Ecuador Export and Import Value & Volume, 2023-2030 ($)
Figure 46: Peru Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 47: Peru GDP and Population, 2023-2030 ($)
Figure 48: Peru GDP – Composition of 2023, By Sector of Origin
Figure 49: Peru Export and Import Value & Volume, 2023-2030 ($)
Figure 50: Colombia Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 51: Colombia GDP and Population, 2023-2030 ($)
Figure 52: Colombia GDP – Composition of 2023, By Sector of Origin
Figure 53: Colombia Export and Import Value & Volume, 2023-2030 ($)
Figure 54: Costa Rica Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 55: Costa Rica GDP and Population, 2023-2030 ($)
Figure 56: Costa Rica GDP – Composition of 2023, By Sector of Origin
Figure 57: Costa Rica Export and Import Value & Volume, 2023-2030 ($)
Figure 58: Europe Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 59: U.K Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 60: U.K GDP and Population, 2023-2030 ($)
Figure 61: U.K GDP – Composition of 2023, By Sector of Origin
Figure 62: U.K Export and Import Value & Volume, 2023-2030 ($)
Figure 63: Germany Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 64: Germany GDP and Population, 2023-2030 ($)
Figure 65: Germany GDP – Composition of 2023, By Sector of Origin
Figure 66: Germany Export and Import Value & Volume, 2023-2030 ($)
Figure 67: Italy Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 68: Italy GDP and Population, 2023-2030 ($)
Figure 69: Italy GDP – Composition of 2023, By Sector of Origin
Figure 70: Italy Export and Import Value & Volume, 2023-2030 ($)
Figure 71: France Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 72: France GDP and Population, 2023-2030 ($)
Figure 73: France GDP – Composition of 2023, By Sector of Origin
Figure 74: France Export and Import Value & Volume, 2023-2030 ($)
Figure 75: Netherlands Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 76: Netherlands GDP and Population, 2023-2030 ($)
Figure 77: Netherlands GDP – Composition of 2023, By Sector of Origin
Figure 78: Netherlands Export and Import Value & Volume, 2023-2030 ($)
Figure 79: Belgium Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 80: Belgium GDP and Population, 2023-2030 ($)
Figure 81: Belgium GDP – Composition of 2023, By Sector of Origin
Figure 82: Belgium Export and Import Value & Volume, 2023-2030 ($)
Figure 83: Spain Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 84: Spain GDP and Population, 2023-2030 ($)
Figure 85: Spain GDP – Composition of 2023, By Sector of Origin
Figure 86: Spain Export and Import Value & Volume, 2023-2030 ($)
Figure 87: Denmark Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 88: Denmark GDP and Population, 2023-2030 ($)
Figure 89: Denmark GDP – Composition of 2023, By Sector of Origin
Figure 90: Denmark Export and Import Value & Volume, 2023-2030 ($)
Figure 91: APAC Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 92: China Indian Commercial Telematics Market Value & Volume, 2023-2030
Figure 93: China GDP and Population, 2023-2030 ($)
Figure 94: China GDP – Composition of 2023, By Sector of Origin
Figure 95: China Export and Import Value & Volume, 2023-2030 ($) Indian Commercial Telematics Market China Export and Import Value & Volume, 2023-2030 ($)
Figure 96: Australia Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 97: Australia GDP and Population, 2023-2030 ($)
Figure 98: Australia GDP – Composition of 2023, By Sector of Origin
Figure 99: Australia Export and Import Value & Volume, 2023-2030 ($)
Figure 100: South Korea Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 101: South Korea GDP and Population, 2023-2030 ($)
Figure 102: South Korea GDP – Composition of 2023, By Sector of Origin
Figure 103: South Korea Export and Import Value & Volume, 2023-2030 ($)
Figure 104: India Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 105: India GDP and Population, 2023-2030 ($)
Figure 106: India GDP – Composition of 2023, By Sector of Origin
Figure 107: India Export and Import Value & Volume, 2023-2030 ($)
Figure 108: Taiwan Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 109: Taiwan GDP and Population, 2023-2030 ($)
Figure 110: Taiwan GDP – Composition of 2023, By Sector of Origin
Figure 111: Taiwan Export and Import Value & Volume, 2023-2030 ($)
Figure 112: Malaysia Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 113: Malaysia GDP and Population, 2023-2030 ($)
Figure 114: Malaysia GDP – Composition of 2023, By Sector of Origin
Figure 115: Malaysia Export and Import Value & Volume, 2023-2030 ($)
Figure 116: Hong Kong Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 117: Hong Kong GDP and Population, 2023-2030 ($)
Figure 118: Hong Kong GDP – Composition of 2023, By Sector of Origin
Figure 119: Hong Kong Export and Import Value & Volume, 2023-2030 ($)
Figure 120: Middle East & Africa Indian Commercial Telematics Market Middle East & Africa 3D Printing Market Value & Volume, 2023-2030 ($)
Figure 121: Russia Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 122: Russia GDP and Population, 2023-2030 ($)
Figure 123: Russia GDP – Composition of 2023, By Sector of Origin
Figure 124: Russia Export and Import Value & Volume, 2023-2030 ($)
Figure 125: Israel Indian Commercial Telematics Market Value & Volume, 2023-2030 ($)
Figure 126: Israel GDP and Population, 2023-2030 ($)
Figure 127: Israel GDP – Composition of 2023, By Sector of Origin
Figure 128: Israel Export and Import Value & Volume, 2023-2030 ($)
Figure 129: Entropy Share, By Strategies, 2023-2030* (%) Indian Commercial Telematics Market
Figure 130: Developments, 2023-2030* Indian Commercial Telematics Market
Figure 131: Company 1 Indian Commercial Telematics Market Net Revenue, By Years, 2023-2030* ($)
Figure 132: Company 1 Indian Commercial Telematics Market Net Revenue Share, By Business segments, 2023 (%)
Figure 133: Company 1 Indian Commercial Telematics Market Net Sales Share, By Geography, 2023 (%)
Figure 134: Company 2 Indian Commercial Telematics Market Net Revenue, By Years, 2023-2030* ($)
Figure 135: Company 2 Indian Commercial Telematics Market Net Revenue Share, By Business segments, 2023 (%)
Figure 136: Company 2 Indian Commercial Telematics Market Net Sales Share, By Geography, 2023 (%)
Figure 137: Company 3 Indian Commercial Telematics Market Net Revenue, By Years, 2023-2030* ($)
Figure 138: Company 3 Indian Commercial Telematics Market Net Revenue Share, By Business segments, 2023 (%)
Figure 139: Company 3 Indian Commercial Telematics Market Net Sales Share, By Geography, 2023 (%)
Figure 140: Company 4 Indian Commercial Telematics Market Net Revenue, By Years, 2023-2030* ($)
Figure 141: Company 4 Indian Commercial Telematics Market Net Revenue Share, By Business segments, 2023 (%)
Figure 142: Company 4 Indian Commercial Telematics Market Net Sales Share, By Geography, 2023 (%)
Figure 143: Company 5 Indian Commercial Telematics Market Net Revenue, By Years, 2023-2030* ($)
Figure 144: Company 5 Indian Commercial Telematics Market Net Revenue Share, By Business segments, 2023 (%)
Figure 145: Company 5 Indian Commercial Telematics Market Net Sales Share, By Geography, 2023 (%)
Figure 146: Company 6 Indian Commercial Telematics Market Net Revenue, By Years, 2023-2030* ($)
Figure 147: Company 6 Indian Commercial Telematics Market Net Revenue Share, By Business segments, 2023 (%)
Figure 148: Company 6 Indian Commercial Telematics Market Net Sales Share, By Geography, 2023 (%)
Figure 149: Company 7 Indian Commercial Telematics Market Net Revenue, By Years, 2023-2030* ($)
Figure 150: Company 7 Indian Commercial Telematics Market Net Revenue Share, By Business segments, 2023 (%)
Figure 151: Company 7 Indian Commercial Telematics Market Net Sales Share, By Geography, 2023 (%)
Figure 152: Company 8 Indian Commercial Telematics Market Net Revenue, By Years, 2023-2030* ($)
Figure 153: Company 8 Indian Commercial Telematics Market Net Revenue Share, By Business segments, 2023 (%)
Figure 154: Company 8 Indian Commercial Telematics Market Net Sales Share, By Geography, 2023 (%)
Figure 155: Company 9 Indian Commercial Telematics Market Net Revenue, By Years, 2023-2030* ($)
Figure 156: Company 9 Indian Commercial Telematics Market Net Revenue Share, By Business segments, 2023 (%)
Figure 157: Company 9 Indian Commercial Telematics Market Net Sales Share, By Geography, 2023 (%)
Figure 158: Company 10 Indian Commercial Telematics Market Net Revenue, By Years, 2023-2030* ($)
Figure 159: Company 10 Indian Commercial Telematics Market Net Revenue Share, By Business segments, 2023 (%)
Figure 160: Company 10 Indian Commercial Telematics Market Net Sales Share, By Geography, 2023 (%)
Figure 161: Company 11 Indian Commercial Telematics Market Net Revenue, By Years, 2023-2030* ($)
Figure 162: Company 11 Indian Commercial Telematics Market Net Revenue Share, By Business segments, 2023 (%)
Figure 163: Company 11 Indian Commercial Telematics Market Net Sales Share, By Geography, 2023 (%)
Figure 164: Company 12 Indian Commercial Telematics Market Net Revenue, By Years, 2023-2030* ($)
Figure 165: Company 12 Indian Commercial Telematics Market Net Revenue Share, By Business segments, 2023 (%)
Figure 166: Company 12 Indian Commercial Telematics Market Net Sales Share, By Geography, 2023 (%)
Figure 167: Company 13 Indian Commercial Telematics Market Net Revenue, By Years, 2023-2030* ($)
Figure 168: Company 13 Indian Commercial Telematics Market Net Revenue Share, By Business segments, 2023 (%)
Figure 169: Company 13 Indian Commercial Telematics Market Net Sales Share, By Geography, 2023 (%)
Figure 170: Company 14 Indian Commercial Telematics Market Net Revenue, By Years, 2023-2030* ($)
Figure 171: Company 14 Indian Commercial Telematics Market Net Revenue Share, By Business segments, 2023 (%)
Figure 172: Company 14 Indian Commercial Telematics Market Net Sales Share, By Geography, 2023 (%)
Figure 173: Company 15 Indian Commercial Telematics Market Net Revenue, By Years, 2023-2030* ($)
Figure 174: Company 15 Indian Commercial Telematics Market Net Revenue Share, By Business segments, 2023 (%)
Figure 175: Company 15 Indian Commercial Telematics Market Net Sales Share, By Geography, 2023 (%)