The Installed Base of Construction Equipment OEM Telematics Systems Will Reach 8.3 Million Units Worldwide by 2025

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Dec 31, 2021, 10:30 ET

DUBLIN, Dec. 31, 2021 /PRNewswire/ -- The "The Global Construction Equipment OEM Telematics Market - 4th Edition" report has been added to ResearchAndMarkets.com's offering.

The global installed base of active construction equipment (CE) OEM telematics systems reached almost 4.1 million units in 2020. Growing at a compound annual growth rate (CAGR) of 15.3 percent, the active installed base is forecasted to reach 8.3 million units worldwide in 2025. This includes all CE telematics systems sold by construction equipment OEMs, either developed in-house or provided by the CE manufacturers in partnership with third-party telematics players. The European market accounted for around 0.7 million active construction equipment OEM telematics systems at the end of 2020. The North American market is somewhat larger than the European. The Rest of the World moreover represents more than half of the global installed base of CE telematics systems provided by construction equipment OEMs.

Most major construction equipment OEMs have introduced telematics offerings for their customers. OEM telematics systems are today commonly factory-installed as standard at least for heavier machines. Berg Insight ranks Caterpillar and Komatsu as the leading construction equipment OEMs in terms of the number of CE telematics systems deployed worldwide. "Caterpillar was the first to surpass the milestone of 1 million connected assets", said Rickard Andersson, Principal Analyst, Berg Insight. He adds that Caterpillar and Komatsu are also by far the leading construction equipment manufacturers in terms of market share. "The remaining top-5 construction equipment OEM telematics players are SANY, Volvo Construction Equipment and JCB", continued Mr. Andersson.

Hitachi Construction Machinery and Deere & Company also have installed bases in the hundreds of thousands. Other notable OEMs offering CE telematics solutions include Bobcat (Doosan), Doosan Infracore (Hyundai), Liebherr, Terex, Hyundai Construction Equipment, CNH Industrial, JLG Industries and Tadano. "All of these players have installed bases in the tens of thousands of telematics units deployed on various types of construction equipment, either independently or in collaboration with telematics partners", concluded Mr. Andersson.

Key Highlights:

Insights from numerous interviews with market-leading companies
New data on construction equipment sales and market shares
Comprehensive overview of the construction equipment telematics value chain and key applications
In-depth analysis of market trends and key developments
Updated profiles of 26 construction equipment OEMs and their telematics offerings.
Market forecasts by region lasting until 2025

Who should read this report?

The Global Construction Equipment OEM Telematics Market is the foremost source of information about the market for OEM-provided construction equipment telematics systems. Whether you are an equipment manufacturer, telematics vendor, telecom operator, investor, consultant, or government agency, you will gain valuable insights from our in-depth research.

Key Topics Covered:

1 Construction equipment telematics solutions
1.1 Introduction to CE telematics
1.2 CE telematics infrastructure
1.2.1 CE segment
1.2.2 GNSS segment
1.2.3 Network segment
1.2.4 Backoffice segment
1.2.5 OEM/dealer segment
1.3 Construction equipment management
1.3.1 Machine location tracking and status monitoring
1.3.2 Security tracking and intervention
1.3.3 Remote diagnostics, preventive maintenance and machine health prognostics
1.4 Equipment operator management
1.4.1 Collection of operator-related data
1.4.2 Interaction with operators in the field
1.4.3 Video-based operator monitoring
1.5 Worksite management
1.5.1 Worksite optimisation and site reporting
1.5.2 Tracking of accessories, tools and other low-value items
1.5.3 Integration with auxiliary systems
1.6 Business models

2 Market forecasts and trends
2.1 Market analysis
2.1.1 The global construction equipment market
2.1.2 The installed base of construction equipment OEM telematics systems
2.1.3 Construction equipment OEM telematics vendor market shares
2.1.4 Variations on the global CE telematics market
2.2 Market drivers and barriers
2.2.1 Macroeconomic environment
2.2.2 Regulatory environment
2.2.3 Competitive environment
2.2.4 Technology environment
2.3 Value chain analysis
2.3.1 Construction equipment industry players
2.3.2 Telematics industry players
2.3.3 Telecom industry players
2.3.4 IT industry players
2.4 Future industry trends

3 Company profiles
3.1 Bobcat (Doosan)
3.2 Caterpillar
3.3 CNH Industrial
3.4 Deere & Company
3.5 Doosan Infracore (Hyundai)
3.6 Hitachi Construction Machinery
3.7 Hyundai Construction Equipment
3.8 JCB
3.9 Komatsu
3.10 Liebherr
3.11 Volvo Construction Equipment
3.12 Other construction equipment OEMs
3.12.1 Bell Equipment
3.12.2 BOMAG
3.12.3 JLG Industries
3.12.4 Kobelco
3.12.5 Kubota
3.12.6 Link-Belt Cranes and LBX (Sumitomo)
3.12.7 LiuGong
3.12.8 Mahindra & Mahindra
3.12.9 Manitowoc
3.12.10 Mecalac
3.12.11 SANY
3.12.12 Tadano
3.12.13 Takeuchi
3.12.14 Terex
3.12.15 Wacker Neuson

For more information about this report visit https://www.researchandmarkets.com/r/x7a7j8

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SOURCE Research and Markets