Impact Analysis of Covid-19
The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
Summary
The global Safety And Security Telematics Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
When it comes to safety and security, there are two primary types of vehicle tracking and security systems that are available today. The first type of safety and security telematics tracking and security system is the digital tracker. With a digital tracker, you can easily keep an eye on your vehicle from anywhere with a laptop computer. The global safety and security telematics market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global safety and security telematics market during the forecast period, owing to the presence of stringent safety regulations.
Market Drivers
Technological advancements in telematics technology are expected to drive growth of the global safety and security telematics market during the forecast period. Key players operating in the market are focused on research and development activities, in order to launch novel products. For instance, in November 2019, iTriangle Infotech, a provider of vehicle telematics devices, launched three new devices namely T S101 Basic with CAN, U X101, and Drive-Assist that are in tune with changing requirements of the industry. Hence, these factors are expected to drive growth of the global safety and security telematics market during the forecast period. Furthermore, stringent regulations for the safety and security of vehicles are expected to propel the global safety and security telematics market growth over the forecast period.
Restraint
High capital and maintenance cost is expected to restrain growth of the global safety and security telematics market over the forecast period.
Regional Insights
Among regions, North America is expected to witness significant growth in the global safety and security telematics market. This is owing to a high volume of passenger vehicles and rising safety and security concerns among vehicle owners across the region. Furthermore, Europe is expected to register a robust growth rate, owing to the presence of stringent safety regulations in the region.
Competitive Section
Key players involved in the global safety and security telematics market are AirlQ, Navis, AST MSL, ETAS Group, DigiCore Holdings, Agero, Sentinel Marine Solutions, Minda, Boat Command, and Cybernetica, Technoton, and Wireless Matrix.
The Safety And Security Telematics Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Safety And Security Telematics Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- AirIQ
- OnStar
- ETAS Group
- Agero
- WebTech Wireless
- Qualcomm
- DigiCore Holdings
- Wireless Matrix
- Trimble Transport & Logistics
- Minda
- Technoton
- AST MSL
- Boat Command
- Sentinel Marine Solutions
- Navis
- Cybernetica
- ki2 Infotech
- Market Spectrum
- Traxens
- Metocean
By Product Type, the market is primarily segmented into:
By Applications, the market is segmented into:
- Government and Utilities
- Safety and Security
- Logistics and Distribution
- Manufacturing
- Automotive
- Marine
- Other
The report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Safety And Security Telematics Market Report:
- To assess the size of the market by value and volume
- Analyze the Safety And Security Telematics Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Safety And Security Telematics Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of –the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact growth of the Safety And Security Telematics Market
The Safety And Security Telematics Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Safety And Security Telematics Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
