
In a recent market study published by Future Market Insights, the current and the future prospects of the Off-Highway Vehicle Telematics market is thoroughly analyzed. The study dives deep to determine the various factors that are anticipated to influence the course of the Off-Highway Vehicle Telematics Market over the forecast period 2014 – 2020. The study put forward by FMI throws light on the market attractiveness of the different market segments to enable readers to make informed business decisions.
As per the report, the global Off-Highway Vehicle Telematics Market is expected to exceed the value of ~US$ by the end of 2014 – 2020 and grow at a CAGR of ~XX% during the considered timeframe of the study. Further, the competitive outlook provides a deep understanding of the business proceeding of prominent market players in the Off-Highway Vehicle Telematics Market.
This Press Release will help you to understand the Volume, growth with Impacting Trends. Click HERE To get SAMPLE PDF (Including Full TOC, Table & Figures) at https://www.futuremarketinsights.co/reports/sample/REP-GB-40
The report aims to provide answers to the following questions related to the Off-Highway Vehicle Telematics Market:
- How is the Off-Highway Vehicle Telematics Market coping with the surging prices of raw materials?
- The demand from which end-use industry is expected to accelerate the growth of the Off-Highway Vehicle Telematics Market?
- Which region holds the maximum market share in 2019?
- Why is the demand for Off-Highway Vehicle Telematics bleak in region 3?
- What is the most preferred distribution channel in region 2?
Critical Insights Included in the Report:
- Y-o-Y growth of the different segments of the Off-Highway Vehicle Telematics Market
- Influence of technological advancements on the Off-Highway Vehicle Telematics Market
- The market position of prominent players in the Off-Highway Vehicle Telematics Market
- Market attractiveness of each regional market
- Data related to raw material suppliers, vendors, traders, and manufacturers
Get Access To TOC Covering 200+ Topics at https://www.futuremarketinsights.co/toc/REP-GB-40
The competitive analysis section provides valuable insights related to the leading market players operating in the market. The marketing, sales, promotional, and pricing strategies adopted by each market player is included in the report.
key players in the OHV telematics market includeCaterpillar Inc., Daimler AG, General Motors Co., Omnitracs, MiX Telematics, Telogis, Verizon, Masternaut, AB Volvo, and TomTom. Participants in this market follow the strategy of acquisitions andmergers to enhance their market share and customer base. Moreover, original equipment manufacturers (OEMs)dealing in heavy equipment are going into strategic partnerships with aftermarket vendors to develop advanced solutions. For example, Telogis signed an agreement with Manitowoc Company Inc.in 2013to develop OHV solutions. OEMs do not have sufficient database infrastructure and face difficulty in providing solutions for mixed fleets. Partnering with aftermarket vendors helps OEMs to overcome this shortcoming. OEMs such as Caterpillar, Komatsu, Volvo, and John Deere work with aftermarket suppliers such as Navman Wireless and industry bodies to develop standard APIs for taking care of data such as vehicle identification, location, and hours of use. Rental fleet companies are now working towards standardisation of more advanced data feeds such as geo-fencing, immobilisation, safety devices and alerts.
Caterpillar and Trimble have developed a brand agnostic fleet management and site productivity solutions platform designed for contractors with mixed equipment fleets. The two companies are working on telematics via a joint venture company.
The Association of Equipment Management Professionals (AEMP) and Association of Equipment Manufacturers (AEM) have begun to standardise OHV telematics and provide necessary training to the potential OHV telematics customers. The challenge to install telematics for mixed fleets is expected to be addressed as original equipment manufacturers have started partnering with thirdparty vendors.
There have been many initiatives from AEMP and AEM to standardise and educate customers on the benefits of telematics yet the government regulations regarding safety and security are lacking in their intensity. Growth in the global market is further inhibited because heavy equipment fleet owners prefer basic telematics service due to the high cost associated with high end telematics.
Currently, OHV telematics is in its nascent stage due to limited awareness of the technology. However, globally, governments have been promoting the use of telematics in OHVs, and consumers have begun slowly to understand the importance of having telematics in their OHVs. Due to this, the global OHV telematics market is expected to expand. Mining, construction and industrial sector segments are expected to play an important role in the overall development of this industry.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.It also contains projections usinga suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications. The report covers exhaustive analysis on:
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Market Segments
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Market Dynamics
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Market Size
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Supply & Demand
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Current Trends/Issues/Challenges
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Competition & Companies involved
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Technology
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Value Chain
Regional analysis includes:
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North America
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Latin America
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Asia Pacific
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Japan
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Western Europe
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Eastern Europe
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Middle East & Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.
Report highlights:
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Detailed overview of parent market
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Changing market dynamics in the industry
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In-depth market segmentation
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Historical, current and projected market size in terms of volume and value
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Recent industry trends and developments
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Competitive landscape
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Strategies of key players and products offered
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Potential and niche segments, geographical regions exhibiting promising growth
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A neutral perspective on market performance
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Must-have information for market players to sustain and enhance their market footprint
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