Off-Highway Vehicle (OHV) Telematics Market, By End-use Application (Construction, Agriculture and Mining) by Technology (Cellular and Satellite), by Sales Channel (OEM and Aftermarket), and by Region (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
A off-highway vehicle (OHV) telematics is a highly digitized and connected production facility that depends on smart manufacturing. The concept of the off-highway vehicle (OHV) telematics is considered a crucial outcome of the fourth industrial revolution, i.e. Industry 4.0. Manufacturing companies are the major adopters of smart factories where they employ cutting-edge technologies such as artificial intelligence, Internet of Things, big data, analytics, and robotics.
Market Dynamics
Rising adoption of IIoT and cyber-physical systems is the major factor driving the global off-highway vehicle (OHV) telematics market as adoption of industrial internet of things (IIoT) and cyber-physical systems (CPS) is expected to revolutionize the global off-highway vehicle (OHV) telematics market. Moreover these IIoT devices allows connectivity all along the value chain for better communication among manufacturers, wholesalers, retailers, and consumers. Furthermore, government initiatives and increasing investments in smart manufacturing by the large manufacturing companies is also expected to propel the marketFor instance, The European Commission is investing around US$ 2 Bn on “Factories of The Future 2020” initiative, along with The European Factories of the Future Research Association (EFFRA) in the form of a public-private partnership to develop the blueprint for the smart manufacturing sector in the European Union.
Market Taxonomy
This report segments the global off-highway vehicle (OHV) telematics market on the basis end-use application, construction, agriculture and mining. On the basis of technology the market is segmented into cellular and satellite. On the basis of sales channel, OEM and aftermarket and by Geography North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
Key features of the study:
This report provides an in-depth analysis of the global off-highway vehicle (OHV) telematics market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global off-highway vehicle (OHV) telematics market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key players operating in the global off-high vehicle (OHV) telematics market are TomTom International BV, Zonar Systems Inc., Harman International Industries Inc., Bridgestone Europe NV/SA, Trackunit A/S, ORBCOMM Inc., Omnitracs LLC, Topcon Corporation, Navman Wireless, Wacker Neuson SE, and MiX Telematics Limited.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global off-highway vehicle (OHV) telematics market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global off-highway vehicle (OHV) telematics market.
Detailed Segmentation:
Global Off-highway Vehicle (OHV) Telematics Market, By End-use Application:
Construction
Agricultural
Mining
Global Off-highway Vehicle (OHV) Telematics Market, By Technology:
Cellular
Satellite
Global Off-highway Vehicle (OHV) Telematics Market, By Sales Channel:
OEM
Aftermarket
Global Off-highway Vehicle (OHV) Telematics Market, By Geography:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profiles
TomTom International BV *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Zonar Systems Inc.
Harman International Industries Inc.
Bridgestone Europe NV/SA
Trackunit A/S
ORBCOMM Inc.
Omnitracs LLC
Topcon Corporation
Navman Wireless
Wacker Neuson SE
MiX Telematics Limited
*Browse all the market data tables and figures on "Global Off-highway Vehicle (OHV) Telematics Market - Forecast to 2027”
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