In the last few years, the commercial vehicle telematics market has registered significant momentum, thanks to growing awareness, need for fleet management, adoption in the cold chain & logistics segments, and penetration in the OEM market.
In India commercial vehicle telematics market, Heavy-Commercial Vehicles (HCVs) accounted for the majority of the market share; however, Medium Commercial Vehicles (MCVs) segment is poised to register significant growth over the next six years.
According to 6Wresearch, India Commercial Vehicles Telematics Market installed base is projected to reach 1.4 million by 2022. India commercial vehicles telematics market is exhibiting growth as the freight companies are becoming more cautious about their vehicle fuel consumption, on-time delivery, repair cost, and on-road safety. Moreover, commercial vehicle OEMs are collaborating with telematics players to develop an in-built telematics system.
In addition, prices are declining year on year due to increasing competition and adoption in the market. Amongst all end users, the cold chain segment has acquired the highest share of the overall market in 2015.
The report thoroughly covers the telematics market by vendor type, installed base, sectors, applications, and regions. The report provides an unbiased and detailed analysis of the ongoing trends, opportunities/high growth areas, market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.
Indian commercial vehicles telematics market is projected to gain traction in the forthcoming years on the back of the rising growth of the commercial vehicles fleet. The increase in the growth of the population has boosted the travel from commercial vehicles. The rising logistic industry act as another growth proliferating factor for commercial vehicles commercial, as a result, is estimated to increase the significant demand for the vehicle telematics to track stolen vehicles and to monitor drivers behavior and is expected to bolster the impressive growth of India commercial vehicle telematics market in the years ahead.
Key Highlights of the Report:
• Market Size & Forecast of Global Automotive Telematics Market until 2022
• Market Size & Forecast of Global Commercial Vehicle Telematics Market until 2022
• Historical data of India Commercial Vehicles Telematics Market for the Period 2012-2015
• Market Size & Forecast of India Commercial Vehicles Telematics Market until 2022
• Historical data of India Commercial Vehicles Telematics Market, By Vendor Type for the Period 2012-2015
• Market Size & Forecast of India Commercial Vehicles Telematics Market, By Vendor Type until 2022
• Historical data of India Commercial Vehicles Telematics Application Market for the Period 2012-2015
• Market Size & Forecast of India Commercial Vehicles Telematics Application Market until 2022
• Historical data of India Commercial Vehicles Telematics Market Installed Base for the Period 2012-2015
• Market Size & Forecast of India Commercial Vehicles Telematics Market Installed Base until 2022
• Market Share of India Commercial Vehicles Telematics Regional Market
• Market Drivers and Restraints
• Players Market Share
• Company Profiles
• Key Strategic Pointers
Markets Covered
The report provides a detailed analysis of the following market segments:
• Vendor Types:
o Aftermarket
o OEM
• End Users:
o Cold Chain Storage
o Tourism
o Retail
o Courier
o Pharma
o Others
• Regions:
o Northern
o Southern
o Western
o Eastern
• Applications:
o Vehicle Tracking & Fleet Management
o Others







