Europe off-highway vehicle (OHV) telematics market accounted for $242.5 million in 2020 and will grow by 11.3% annually over 2020-2030 owing to cost reduction from telematics, technological advancements, rising electrification in automobiles, and the growing government initiatives to improve off-highway vehicles' safety and security.
Highlighted with 36 tables and 46 figures, this 108-page report “Europe Off-Highway Vehicle (OHV) Telematics Market 2020-2030 by Component (Hardware, Platform, Network, Services), Connectivity (Cellular, Satellite), Industry Vertical, Sales Channel (OEM, Aftermarket), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe OHV telematics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Europe OHV telematics market in every aspect of the classification from perspectives of Component, Connectivity, Industry Vertical, Sales Channel, and Country.
Based on Component, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Hardware & Devices
• Telematics Platform
• Telematics Network
• Support & Services
Based on Connectivity, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Cellular Connectivity
o 3G Cellular Network
o 4G Cellular Network
o Other Cellular Networks
• Satellite Connectivity
Based on Industry Vertical, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Construction Industry
o Dump Trucks
o Excavators
o Loaders
o Dozers
o Cranes
o Others
• Agriculture
o Harvesters
o Tractors
o Others
• Mining Industry
o Load-Haul-Dumps (LHDs)
o Loaders
o Roof Bolters
o Rigs
o Conveyors
o Others
• Forestry
• Other Industry Verticals
Based on Sales Channel, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• OEM Sales
• Aftermarket Sales
Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of key national markets by Component, Connectivity, and Industry Vertical over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
CalAmp Corp.
Caterpillar Inc.
Deere & Company
Harman International Industries Inc
Hitachi Construction Machinery
JCB
Komatsu Ltd.
Leica Geosystems
MiX Telematics Limited
Omnitracs, LLC
Orbcomm Inc.
Stoneridge, Inc.
Teletrac Navman
Topcon Corporation
Trackunit A/S
Verizon Communication Inc.
Volvo Construction Equipment
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 22
2.1.2 Impact of COVID-19 on the Market 24
2.2 Major Growth Drivers 26
2.3 Market Restraints and Challenges 29
2.4 Emerging Opportunities and Market Trends 32
2.5 Porter’s Fiver Forces Analysis 36
3 Segmentation of Europe Market by Component 40
3.1 Market Overview by Component 40
3.2 Hardware & Devices 42
3.3 Telematics Platform 43
3.4 Telematics Network 44
3.5 Support & Services 45
4 Segmentation of Europe Market by Connectivity 46
4.1 Market Overview by Connectivity 46
4.2 Cellular Connectivity 48
4.2.1 3G Cellular Network 49
4.2.2 4G Cellular Network 50
4.2.3 Other Cellular Networks 51
4.3 Satellite Connectivity 52
5 Segmentation of Europe Market by Industry Vertical 53
5.1 Market Overview by Industry Vertical 53
5.2 Construction Industry 55
5.3 Agriculture 57
5.4 Mining Industry 59
5.5 Forestry 61
5.6 Other Industry Verticals 62
6 Segmentation of Europe Market by Sales Channel 63
6.1 Market Overview by Sales Channel 63
6.2 OEM Sales 65
6.3 Aftermarket Sales 66
7 European Market 2019-2030 by Country 67
7.1 Overview of European Market 67
7.2 Germany 70
7.3 U.K. 73
7.4 France 75
7.5 Spain 77
7.6 Italy 79
7.7 Russia 81
7.8 Rest of European Market 83
8 Competitive Landscape 85
8.1 Overview of Key Vendors 85
8.2 New Product Launch, Partnership, Investment, and M&A 89
8.3 Company Profiles 90
CalAmp Corp. 90
Caterpillar Inc. 92
Deere & Company 93
Harman International Industries Inc 94
Hitachi Construction Machinery 95
JCB 96
Komatsu Ltd. 97
Leica Geosystems 98
MiX Telematics Limited 99
Omnitracs, LLC 100
Orbcomm Inc. 101
Stoneridge, Inc. 102
Teletrac Navman 103
Topcon Corporation 104
Trackunit A/S 105
Verizon Communication Inc. 106
Volvo Construction Equipment 107
Related Reports and Products 108
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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Total Market |
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