Indian Commercial Vehicle Telematics Market

Indian Commercial Vehicle Telematics Market

Annual Telematics Sales to Grow Sixfold by 2023

RELEASE DATE
31-Aug-2016
REGION
Asia Pacific
Research Code: MC91-01-00-00-00
SKU: AU01355-AP-MR_18953
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Description

Indian telematics is one of the fastest emerging markets, primarily driven by spiralling fuel prices, increasing number of accidents/vehicle theft, demand for vehicle navigation, and the rising need to monitor fuel pilferage. The market is relatively old, but adoption rates have been low due to the lack of awareness. However, vehicle OEMs and telematics suppliers are upbeat about demand as awareness is on the rise with government involvement for passenger safety. Rising fuel prices and wafer-thin profit margins in the transportation industry will help fleet operators gain a competitive advantage by vehicle tracking, route calculation, fuel pilferage checks, and other telematics offerings. Market growth will also be driven by government initiatives such as the recently announced ?12,000 crore ($2.4 billion) investment to upgrade police forces, including the consolidation of security grids in all key cities.

RESEARCH: INFOGRAPHIC

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Table of Contents

Top 6 Predictions for the Indian CV Telematics Market

CV Telematics—Market Snapshot

Roadmap of Indian CV Telematics Market

CV Telematics—Market Overview

Telematics Installed Base by Market Segment

CV Telematics Market Outlook

Critical Success Factors

Competitive Force Analysis

PESTLE Overview of India

Key Opportunity Areas in CV Telematics

Ecosystem Partners—Local Partnerships?

Imminent Consolidation among Telematics Vendors in India

Key Findings and Future Outlook

Research Scope

Research Aims and Objectives

Key Questions This Study Will Answer

Research Background

Research Methodology

Market Definitions

Types of Telematics Solutions

Types of Telematics Devices

Indian CV Telematics Market—Market Dynamics

Telematics Installed Base by Market Segment

Top Market Trends That Will Drive the Connected Truck Market

Regulatory Trends

Regulatory Trends—Existing Norms Governing Telematics in India

Current Laws Applicable for Data Security

Smartphone Penetration in India

The Big Share of Small Operators—Cost-effective Solutions

Telematics Service Price Range

Product Roadmap

Service Roadmap

Telematics Product Type Range

Fleet Telematics Breakdown by Product Type

Fleet Telematics Breakdown by Service Type

Current and Evolving Business Models in India

Fleet Telematics Breakdown by Business Model

Pricing Models Offered in India

Different Levels of Packages and Business Models Offered

Market Engineering Measurements

Scenario Analysis of CV Telematics Installed Base

Forecast Scenario Assumptions

Forecast Scenario Assumptions (continued)

Telematics Penetration by Vehicle Type

Sales of CV Telematics

Opportunity by Vehicle Types

Targeted Services for Individual Industries

Opportunity by Markets/Industries

Key Avenues Offering Potential

Focus on Key Services in India

Focus on Key Services in India (continued)

Competitive Benchmarking—Services Offered

Competitive Benchmarking—Industries Served

Competitive Benchmarking

Market Share Analysis

Growth Analysis by Market Share for Telematics Providers

TSP—Trimble Transport & Logistics

Trimble Transport & Logistics

TSP—Arya Omnitalk

Arya Omnitalk

TSP—CMC Ltd.

CMC Ltd.

Hardware—Efkon

Efkon

Content—MapmyIndia

The Last Word—3 Big Predictions

Key Findings and Future Outlook

Legal Disclaimer

Table of Acronyms Used

Market Engineering Methodology

Indian telematics is one of the fastest emerging markets, primarily driven by spiralling fuel prices, increasing number of accidents/vehicle theft, demand for vehicle navigation, and the rising need to monitor fuel pilferage. The market is relatively old, but adoption rates have been low due to the lack of awareness. However, vehicle OEMs and telematics suppliers are upbeat about demand as awareness is on the rise with government involvement for passenger safety. Rising fuel prices and wafer-thin profit margins in the transportation industry will help fleet operators gain a competitive advantage by vehicle tracking, route calculation, fuel pilferage checks, and other telematics offerings. Market growth will also be driven by government initiatives such as the recently announced 12,000 crore ($2.4 billion) investment to upgrade police forces, including the consolidation of security grids in all key cities.
More Information
No Index No
Podcast No
Author Satendra Kumar
Industries Automotive
WIP Number MC91-01-00-00-00
Keyword 1 Commercial Vehicle Telematics
Keyword 2 Indian Commercial Vehicle Telematics
Keyword 3 Commercial Vehicle Telematics in India
Is Prebook No
GPS Codes 9673-A6,9800-A6,9963-A6,9AF6-A6,9B01-A6,9B07-C1