China Automotive Telematics Market Forecast 2023-2030
KEY FINDINGS
The China automotive telematics market is predicted to surge with a 17.27% CAGR during the forecast period, 2023-2030. A large domestic market, joint ventures with international brands, and third-party logistics providers enhancing digital capabilities drive market growth.
MARKET INSIGHTS
China is a global frontrunner in the automotive industry, commanding the largest vehicle market in sales and manufacturing output. The acceleration of growth in the automotive and related sectors can be attributed to the proliferation of joint ventures between Chinese state-owned organizations and renowned international brands. This strategic collaboration facilitates market penetration and meets the surging domestic demand.
This robust industry presence propels the expansion of the automotive telematics market in China. As the demand for advanced vehicle connectivity and data-driven solutions rises, the integration of telematics technologies gains momentum. This enables vehicles to communicate, capture crucial data, and enhance safety, efficiency, and user experience.
In response to the growing market demands, third-party logistics providers in China are strengthening their capacities and digital capabilities. This proactive approach ensures they meet the evolving needs of the automotive and related industries, effectively managing supply chains and delivering value-added services. China’s unrivaled position in the automotive landscape, driven by market size, collaborations, and rising domestic demand, positions the country as a key catalyst in shaping the future of automotive telematics.
COMPETITIVE INSIGHTS
Leading market players operating in the country include Verizon Communications Ltd, Geotab Inc, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Methodology
- 1.3. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Country Snapshot
- 2.3. Country Analysis
- 2.4. Scope Of Study
- 2.5. Crisis Scenario Analysis
- 2.5.1. Impact Of Covid-19 On Automotive Telematics Market
- 2.6. Major Market Findings
- 2.6.1. Real-time Vehicle Tracking Allows Enhanced Fleet Management
- 2.6.2. Technological Advancements To Present New Opportunities
- 2.6.3. Competitive And Regulated China Environment For Fleet Managers
- 3. Market Dynamics
- 3.1. Key Drivers
- 3.1.1. Automotive Telematics Is Becoming Popular Among Fleet Operators
- 3.1.2. Navigation & Logistics Tools Offer Enhanced Safety And Vehicle Management
- 3.2. Key Restraints
- 3.2.1. Poor Connectivity Infrastructure Hinders Seamless Data Transmission
- 3.2.2. Data Security And Privacy Concerns
- 3.2.3. Significant Upfront Costs Limit The Widespread Adoption Of Telematics Solutions
- 4. Key Analytics
- 4.1. Key Technology Trends
- 4.2. Porter’s Five Forces Analysis
- 4.2.1. Buyers Power
- 4.2.2. Suppliers Power
- 4.2.3. Substitution
- 4.2.4. New Entrants
- 4.2.5. Industry Rivalry
- 4.3. Growth Prospect Mapping
- 4.3.1. Growth Prospect Mapping For China
- 4.4. Market Concentration Analysis
- 4.5. Key Buying Criteria
- 4.5.1. Reliability
- 4.5.2. Features
- 4.5.3. Price
- 5. Market By End-user
- 5.1. Original Equipment Manufacturers (Oem)
- 5.2. Aftermarket
- 6. Market By Vehicle
- 6.1. Passenger Cars
- 6.2. Commercial Vehicles
- 6.3. Two-wheeler
- 7. Market By Type
- 7.1. Embedded
- 7.2. Integrated Smartphones
- 7.3. Tethered
- 8. Market By Application
- 8.1. Fleet/Asset Management
- 8.2. Navigation & Location-based System
- 8.3. Insurance Telematics
- 8.4. Safety & Security
- 8.5. Other Applications
- 9. Competitive Landscape
- 9.1. Key Strategic Developments
- 9.1.1. Mergers & Acquisitions
- 9.1.2. Product Launches & Developments
- 9.1.3. Partnerships & Agreements
- 9.1.4. Business Expansions & Divestitures
- 9.2. Company Profiles
- 9.2.1. Continental Ag
- 9.2.1.1. Company Overview
- 9.2.1.2. Products Overview
- 9.2.1.3. Strengths & Challenges
- 9.2.2. Geotab Inc
- 9.2.2.1. Company Overview
- 9.2.2.2. Products Overview
- 9.2.2.3. Strengths & Challenges
- 9.2.3. Robert Bosch Gmbh
- 9.2.3.1. Company Overview
- 9.2.3.2. Products Overview
- 9.2.3.3. Strengths & Challenges
- 9.2.4. Tom Tom Nv
- 9.2.4.1. Company Overview
- 9.2.4.2. Products Overview
- 9.2.4.3. Strengths & Challenges
- 9.2.5. Verizon Communications Inc
- 9.2.5.1. Company Overview
- 9.2.5.2. Products Overview
- 9.2.5.3. Strengths & Challenges
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