QYResearch QYR: The truck telematics is expected to grow at a CAGR of 22% from 345.47 million USD in 2016 to reach 866.86 million USD by 2022 in global market
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Author
Niu Tongtong
Company
QYR Research Center
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QYResearch According to QYResearch, The truck telematics is expected to grow at a CAGR of 22% from 345.47 million USD in 2016 to reach 866.86 million USD by 2022 in global market. The truck telematics market is very concerted market; the revenue of top fourfteen manufacturers accounts about 72% of the total revenue in 2016. The high-end products mainly come from USA and Europe. qyresearch.com
QYResearch The leading manufactures mainly are Trimble, Wabco, Continental, CalAmp and Delphi. Trimble is the largest manufacturer; its revenue of global market exceeds 30% in 2016. The next is Wabco and Continental. There are mainly two type products of truck telematics market: plug and play telematics and hardwired install telematics. Plug and play telematics accounts the largest proportion and will has faster growing rate. Geographically, the global truck telematics market has been segmented into North America, Europe, Asia-Pacific, Middle East and Africa The North America held the largest share in the global truck telematics products market, its revenue of global market exceeds 34% in 2016. The next is Europe and Asia-Pacific. qyresearch.com
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