DUBLIN, May 2, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Motor Racing Telematics (MRT) Market 2017-2021" report to their offering.
The global motor racing telematics market to grow at a CAGR of 16.17% during the period 2017-2021.
The report, Global Motor Racing Telematics Market 2017-2021, 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.
One trend in market is IoT platform integration for optimum engine performance. The motorsports industry is rapidly evolving and is witnessing the development of innovative technologies in the field of automotive powertrain such as engine, transmission and chassis among others. The extensive use of electronic sensors and microprocessors in the vehicle along with advanced control modules has led to the development of more advanced racing vehicles. With the fusion of more electronic components within the vehicles, the vehicles are becoming much more efficient both in terms of their performance on the field and carbon emissions.
According to the report, one driver in market is negligible price inflation by OEMs on telematics service offerings. The adoption of telematics solutions in vehicles is increasing at a rapid rate year-on-year. Data reveals that the luxury vehicle segment, where remote vehicle diagnostics are largely deployed, has not seen any significant price hikes even though many vehicles in this category are being engineered with connectivity technologies.
- Verizon Telematics
- Visteon Corporation
Other prominent vendors
- Connexis LLC
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Geography Segmentation
PART 07: Decision framework
PART 08: Drivers and challenges
PART 09: Market trends
PART 10: Vendor landscape
PART 11: Key vendor analysis
PART 12: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/qlkwvc/global_motor
Laura Wood, Senior Manager
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SOURCE Research and Markets