In the last few years, commercial vehicle telematics market has registered significant momentum, thanks to growing awareness, need for fleet management, adoption in cold chain & logistics segments and penetration in OEM market.
In India's commercial vehicle telematics market, Heavy-Commercial Vehicles (HCVs) accounted for majority of the market share; however, Medium Commercial Vehicles (MCVs) segment is poised to register significant growth over the next six years.
India's commercial vehicles telematics market is exhibiting growth as the freight companies are becoming more cautious about their vehicle fuel consumption, on time delivery, repair cost and on road safety. Moreover, commercial vehicle OEMs are collaborating with telematics players to develop in-built telematics system.
In addition, prices are declining year-on-year due to increasing competition and adoption in the market. Amongst all end users, cold chain segment has acquired highest share of the overall market in 2015.
The report thoroughly covers telematics market by vendor type, installed base, sectors, applications and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.
Key Topics Covered:
1 Executive Summary
3 Global Automotive Telematics Market Overview
4 Global Commercial Vehicle Telematics Market Overview
5 India Commercial Vehicles Telematics Market Overview
6 India Commercial Vehicles Telematics Market Adoption, By End Users
7 India Commercial Vehicles Telematics Market, By Commercial Vehicle Type
8 India Commercial Vehicles Telematics Market, By Installed Base
9 India Commercial Vehicles Telematics Market, By Region
10 India Commercial Vehicles Telematics Market Dynamics
11 India Commercial Vehicles Telematics Market Trends
12 India Commercial Vehicles Telematics Market - Purchase Criteria
13 India Commercial Vehicles Telematics Market - Competitive Landscape
14 India Commercial Vehicles Telematics Market - Company Profiles
15 Key Strategic Note
- Arya Omnitalk Wireless Solutions Pvt. Ltd.
- CMC Ltd.
- Dhanus Technologies Ltd.
- EFKON India Pvt. Ltd.
- TATA Motors Limited
- Trimble Navigation Limited
For more information about this report visit http://www.researchandmarkets.com/research/vfgrhv/india_commercial
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/india-commercial-vehicle-telematics-market-2022---prices-are-declining-year-on-year-due-to-increasing-competition-and-adoption-in-the-market---research-and-markets-300320629.html
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