Commercial Vehicle Telematics Industrial Trend and Market Demand in India 2016-2020

"Commercial Vehicle Telematics Market in India 2016-2020" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect.

Description-

About Telematics System

The telematics system in a vehicle is a device that deals with communication (sending, receiving, and storing information) regarding the vehicle and other parameters. The telematics system collects information from different on-board sensors, such as vehicle speed, braking system, advanced driver assistance system (ADAS), air bags, transmission control system, and many other systems.

Technavios analysts forecast the commercial vehicle telematics market in India to grow at a CAGR of 15.73% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the commercial vehicle telematics market in India for 2016-2020. To calculate the market size, the report considers a top-down approach based on application, where the market is derived from the overall commercial vehicle telematics application volume.

The market is divided into the following segments based on application:
Tourism
Retail
Pharma
Courier
Cold chain
Others

Technavio's report, Commercial Vehicle Telematics Market in India 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Trimble Navigation
Arya Omnitalk
CMC
Tata Motors
Ashok Leyland

Other prominent vendors
Dhanus Technologies
eLogistics
Mahindra & Mahindra

Market driver
Progressive business environment and increased infrastructure spending by the government
For a full, detailed list, view our report

Market challenge
Slow telematics penetration due to the presence of a large number of small fleet owners
For a full, detailed list, view our report

Market trend
Implementation of usage-based insurance model in commercial vehicle segment
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?