Market Overview

Commercial Vehicle Telematics Market in Europe 2018-2022| LCV Segment Dominates the Global Market| Technavio

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According to the latest market research report released by Technavio,
the commercial vehicle telematics market in Europe is expected to
register a CAGR of nearly 14% during the forecast period. However, the
growth momentum of the market is expected to decelerate due to a decline
in the year-over-year growth.

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https://www.businesswire.com/news/home/20180829005346/en/

Technavio has published a new market research report on the commercial vehicle telematics market in  ...

Technavio has published a new market research report on the commercial vehicle telematics market in Europe from 2018-2022. (Graphic: Business Wire)

This research report titled ‘Commercial
Vehicle Telematics Market in Europe 2018-2022
' provides an
in-depth analysis of the market in terms of revenue and emerging market
trends. It also includes an up-to-date analysis and forecasts for
various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

The market research analysis categorizes the commercial vehicle
telematics market in Europe into the following applications:

  • LCV
  • M&HCV

In 2017, the LCV segment accounted for 83% of the global market and is
projected to reach 86% by 2022, exhibiting almost 3% increase in market
share.

Commercial vehicle telematics market in Europe: Top emerging trend

Truck platooning using telematics services is an emerging trend in the
commercial vehicle telematics space. Truck platooning is linking two or
more trucks in convoy. Such vehicles follow each other at a close
distance with the use of connectivity technology and automated driving
systems. The vehicle at the head of the platoon acts as a leader and the
vehicles behind it react and adapt to the changes in the leader. This
system requires little or no action from drivers. But the drivers are
still in full control of the vehicles always and can choose to leave the
platoon and drive independently at any time.

Looking for more information on this market? Request
a free sample report

Technavio's sample reports are free of charge and contain multiple
sections of the report including the market size and forecast, drivers,
challenges, trends, and more.

Technavio's report provides expert market research on the following
topics:

Executive Report

  • Market Outline
  • Commercial Vehicle Telematics Market in Europe Overview

Market Insights

  • Market Sizing and Forecasts
  • Market Growth
  • Market Drivers and Challenges
  • Key Emerging Trends

Market Segmentation Analysis

  • Regional comparison (the UK, Germany, France, and Rest of Europe)
  • Market segmentation by application (LCV and M&HCV)

Vendor Landscape

  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario
  • Analysis of top vendors (TomTom International, Continental, Trimble,
    Bosch, and Verizon Telematics)

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