Telematics In Heavy Equipment Market By Technology (Cellular, Satellite), By Application (Agriculture, Construction, Mining) – Growth, Future Prospects, And Competitive Analysis, 2019 – 2027

The increasing adoption of telematics in construction equipment is driving the growth of telematics in the heavy equipment market.

Globally, the telematics market for heavy equipment is expected to grow with a CAGR of 10.9% during the forecast period from 2019 to 2027. The market is being driven by the widespread adoption of telematics solutions in construction machines and equipment. As the pressure on the construction industry to reduce operating costs and improve efficiency grows, construction organizations are rapidly shifting toward technology solutions to improve operational efficiency. Furthermore, the integration of telematics into the machines enables effective fleet management, which reduces costs and enhances profits.

The rapid advancement in technology, such as wireless technology, GPS technology, and telematics, is also a major factor driving the market growth. However, low adoption is expected to be a major impediment to market growth. It is estimated that only 18%–20% of the construction equipment comes with telematics. The high capital cost of the equipment and long decision-making cycles are the primary reasons companies are reluctant to adopt the new equipment.

Market Synopsis

Satellite Telematics is Estimated to Grow Significantly During the Forecast Period.

The heavy equipment telematics market is divided into two technology segments: cellular and satellite telematics. Cellular telematics accounted for more than 80% of the revenue in 2018. The growth of the market is attributed to the increasing network capabilities of the 3G, 4G, and LTE networks. Furthermore, the advancement in the 5G network infrastructure and increased activities by the telecom companies to commercialize 5G are further accelerating the market’s growth. On the other hand, satellite telematics is estimated to grow substantially during the forecast period.

North America is leading the telematics market for heavy equipment.

North America led the global telematics in heavy equipment market in 2018 with a market share of more than 45%. The increasing industrialization and urbanization of the region is the major factor driving the market growth. The increasing investment by construction equipment and machinery manufacturers in telematics is further accelerating the growth of the market. Moreover, rapid technological advancement in the region also fosters market growth.

The major vendors in the telematics market for heavy equipment are DPL Telematics, Trimble Inc., ACTIA Group, Geotab Inc., Heavy Construction Systems Specialists Inc., GPS TRACK, LHP Telematics LLC, Navman Group, LoJack Corporation, ORBCOMM Inc., TelliQ AB, Teletrac, Telogis, Topcon Corporation, The Morey Corporation, and Zonar Systems Inc.

Periods of History and Forecast

This research report presents the analysis of each segment from 2017 to 2027,considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each respective segment is calculated for the forecast period from2019 to 2027.

Report Scope by Segments

The Telematics in Heavy Equipment Market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global telematics in the heavy equipment market based on technology, application, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report.

• What was the size of the market for telematics in heavy equipment in 2018, and what is the forecast up to 2027?
• Which region has the largest regional market for heavy equipment telematics?
• What are the major trends followed in telematics in the heavy equipment market across different regions?
• Who are the key companies in the telematics market for heavy equipment?
• What are the key strategies adopted by the leading telematics companies in the heavy equipment market?

This report’s distinct data points

• Statistics on telematics in heavy equipment and spending worldwide
• Recent trends across different regions in terms of the adoption of telematics in heavy equipment across connectivity
• Notable developments are going on in the industry.
• Attractive investment propositions for segments as well as geography
• Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III – Expert Panel Review
1.3.7 Assumptions
1.4 Market Segmentation

Chapter 2 Executive Summary
2.1 Market Snapshot: Global THE Market
2.1.1 Global THE Market, by Technology, 2018 (US$ Mn)
2.1.2 Global THE Market, by Application, 2018 (US$ Mn)
2.1.3 Global THE Market, by Geography, 2018 (US$ Mn)

Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraint
3.3 Attractive Investment Proposition, by Geography, 2018
3.4 Market Positioning of Key THE Vendors, 2018

Chapter 4 Global Telematics in Heavy Equipment (THE) Market, by Technology
4.1 Overview
4.1.1 Global THE Market Value Share, by Technology, 2018 & 2027 (Value, %)
4.2 Cellular
4.2.1 Global THE Market Value from Cellular, 2017 – 2027(US$ Mn)
4.3 Satellite
4.3.1 Global THE Market Value from Satellite, 2017 – 2027(US$ Mn)

Chapter 5 Global Telematics in Heavy Equipment (THE) Market, by Application
5.1 Overview
5.1.1 Global THE Market Value Share, by Application, 2018 & 2027 (Value, %)
5.2 Agriculture
5.2.1 Global THE Market Value from Agriculture, 2017 – 2027(US$ Mn)
5.3 Construction
5.3.1 Global THE Market Value from Construction, 2017 – 2027(US$ Mn)
5.4 Mining
5.4.1 Global THE Market Value from Mining, 2017 – 2027(US$ Mn)

Chapter 6 North America Telematics in Heavy Equipment (THE) Market Analysis, 2017 – 2027 (US$ Mn)
6.1 Overview
6.2 North America THE Market Analysis, by Technology, 2017 – 2027 (US$ Mn)
6.2.1 Market Analysis
6.3 North America THE Market Analysis, by Application, 2017 – 2027 (US$ Mn)
6.3.1 Market Analysis
6.4 North America THE Market, by Country, 2017 – 2027 (US$ Mn)
6.4.1 Market Analysis
6.4.2 U.S.
6.4.2.1 U.S. THE Market Value, by Technology, 2017 – 2027 (US$ Mn)
6.4.2.2 U.S. THE Market Value, by Application, 2017 – 2027 (US$ Mn)
6.4.3 Canada
6.4.3.1 Canada THE Market Value, by Technology, 2017 – 2027 (US$ Mn)
6.4.3.2 Canada THE Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 7 Europe Telematics in Heavy Equipment (THE) Market Analysis, 2017 – 2027 (US$ Mn)
7.1 Overview
7.2 Europe THE Market Analysis, by Technology, 2017 – 2027 (US$ Mn)
7.2.1 Market Analysis
7.3 Europe THE Market Analysis, by Application, 2017 – 2027 (US$ Mn)
7.3.1 Market Analysis
7.4 Europe THE Market, by Country, 2017 – 2027 (US$ Mn)
7.4.1 Market Analysis
7.4.2 U.K.
7.4.2.1 U.K. THE Market Value, by Technology, 2017 – 2027 (US$ Mn)
7.4.2.2 U.K. THE Market Value, by Application, 2017 – 2027 (US$ Mn)
7.4.3 Germany
7.4.3.1 Germany THE Market Value, by Technology, 2017 – 2027 (US$ Mn)
7.4.3.2 Germany THE Market Value, by Application, 2017 – 2027 (US$ Mn)
7.4.4 France
7.4.4.1 France THE Market Value, by Technology, 2017 – 2027 (US$ Mn)
7.4.4.2 France THE Market Value, by Application, 2017 – 2027 (US$ Mn)
7.4.5 Rest of Europe
7.4.5.1 Rest of Europe THE Market Value, by Technology, 2017 – 2027 (US$ Mn)
7.4.5.2 Rest of Europe THE Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 8 Asia Pacific Telematics in Heavy Equipment (THE) Market Analysis, 2017 – 2027 (US$ Mn)
8.1 Overview
8.2 Asia Pacific THE Market Analysis, by Technology, 2017 – 2027 (US$ Mn)
8.2.1 Market Analysis
8.3 Asia Pacific THE Market Analysis, by Application, 2017 – 2027 (US$ Mn)
8.3.1 Market Analysis
8.4 Asia Pacific THE Market, by Country, 2017 – 2027 (US$ Mn)
8.4.1 Market Analysis
8.4.2 China
8.4.2.1 China THE Market Value, by Technology, 2017 – 2027 (US$ Mn)
8.4.2.2 China THE Market Value, by Application, 2017 – 2027 (US$ Mn)
8.4.3 Japan
8.4.3.1 Japan THE Market Value, by Technology, 2017 – 2027 (US$ Mn)
8.4.3.2 Japan THE Market Value, by Application, 2017 – 2027 (US$ Mn)
8.4.4 India
8.4.4.1 India THE Market Value, by Technology, 2017 – 2027 (US$ Mn)
8.4.4.2 India THE Market Value, by Application, 2017 – 2027 (US$ Mn)
8.4.5 Rest of Asia Pacific
8.4.5.1 Rest of Asia Pacific THE Market Value, by Technology, 2017 – 2027 (US$ Mn)
8.4.5.2 Rest of Asia Pacific THE Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 9 Rest of the World (RoW) Telematics in Heavy Equipment (THE) Market Analysis, 2017 – 2027 (US$ Mn)
9.1 Overview
9.2 RoW THE Market Analysis, by Technology, 2017 – 2027 (US$ Mn)
9.2.1 Market Analysis
9.3 RoW THE Market Analysis, by Application, 2017 – 2027 (US$ Mn)
9.3.1 Market Analysis
9.4 RoW THE Market, by Country, 2017 – 2027 (US$ Mn)
9.4.1 Market Analysis
9.5 RoW THE Market, by Country (US$ Mn)
9.5.1 Market Analysis
9.5.2 Middle East & Africa (MEA)
9.5.2.1 MEA THE Market Value, by Technology, 2017 – 2027 (US$ Mn)
9.5.2.2 MEA THE Market Value, by Application, 2017 – 2027 (US$ Mn)
9.5.3 Latin America
9.5.3.1 Latin America THE Market Value, by Technology, 2017 – 2027 (US$ Mn)
9.5.3.2 Latin America THE Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 10 Company Profiles
10.1 ACTIA Group
10.2 DPL Telematics
10.3 Geotab Inc.
10.4 Heavy Construction
10.5 Systems Specialists Inc.
10.6 LHP Telematics LLC
10.7 LoJack Corporation
10.8 Navman Group
10.9 ORMCOMM Inc.
10.10 Teletrac
10.11 TelliQ AB
10.12 Telgois
10.13 The Morey Corporation
10.14 Topcon Corporation
10.15 Trimble Inc.
10.16 Zonar Systems Inc.

List of Figures

FIG. 1 Global Telematics in Heavy Equipment (THE) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global THE Market Segmentation
FIG. 4 Global THE Market, by Technology, 2018 (US$ Mn)
FIG. 5 Global THE Market, by Application, 2018 (US$ Mn)
FIG. 6 Global THE Market, by Geography, 2018 (US$ Mn)
FIG. 7 Attractive Investment Proposition, by Geography, 2018
FIG. 8 Market Positioning of Key THE Vendors, 2018
FIG. 9 Global THE Market Value Share, by Technology, 2018 & 2027 (Value, %)
FIG. 10 Global THE Market Value from Cellular, 2017 – 2027(US$ Mn)
FIG. 11 Global THE Market Value from Satellite, 2017 – 2027(US$ Mn)
FIG. 12 Global THE Market Value Share, by Application, 2018 & 2027 (Value, %)
FIG. 13 Global THE Market Value from Agriculture, 2017 – 2027(US$ Mn)
FIG. 14 Global THE Market Value from Construction, 2017 – 2027(US$ Mn)
FIG. 15 Global THE Market Value from Mining, 2017 – 2027(US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Telematics in Heavy Equipment (THE) Market Value
TABLE 2 North America THE Market Value, by Technology, 2017 – 2027 (US$ Mn)
TABLE 3 North America THE Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 4 North America THE Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 5 U.S. THE Market Value, by Technology 2017– 2027 (US$ Mn)
TABLE 6 U.S. THE Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 7 Canada THE Market Value, by Technology 2017– 2027 (US$ Mn)
TABLE 8 Canada THE Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 9 Europe THE Market Value, by Technology, 2017 – 2027 (US$ Mn)
TABLE 10 Europe THE Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 11 Europe THE Market Value, by Country, 2017 – 2027 (US$ Mn)
TABLE 12 U.K. THE Market Value, by Technology, 2017 – 2027 (US$ Mn)
TABLE 13 U.K. THE Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 14 Germany THE Market Value, by Technology 2017 – 2027 (US$ Mn)
TABLE 15 Germany THE Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 16 France THE Market Value, by Technology 2017– 2027 (US$ Mn)
TABLE 17 France THE Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 18 Rest of Europe THE Market Value, by Technology 2017 – 2027 (US$ Mn)
TABLE 19 Rest of Europe THE Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 20 Asia Pacific THE Market Value, by Technology, 2017 – 2027 (US$ Mn)
TABLE 21 Asia Pacific THE Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 22 Asia Pacific THE Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 23 China THE Market Value, by Technology 2017 – 2027 (US$ Mn)
TABLE 24 China THE Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 25 Japan THE Market Value, by Technology 2017 – 2027 (US$ Mn)
TABLE 26 Japan THE Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 27 India THE Market Value, by Technology 2017 – 2027 (US$ Mn)
TABLE 28 India THE Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 29 Rest of Asia Pacific THE Market Value, by Technology 2017 – 2027 (US$ Mn)
TABLE 30 Rest of Asia Pacific THE Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 31 RoW THE Market Value, by Technology, 2017 – 2027 (US$ Mn)
TABLE 32 RoW THE Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 33 RoW THE Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 34 RoW THE Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 35 MEA THE Market Value, by Technology – 2027 (US$ Mn)
TABLE 36 MEA THE Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 37 Latin America THE Market Value, by Technology – 2027 (US$ Mn)
TABLE 38 Latin America THE Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 39 ACTIA Group: Company Snapshot (Business Description; Printing Process Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 40 DPL Telematics: Company Snapshot (Business Description; Printing Process Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 41 Geotab Inc.: Company Snapshot (Business Description; Printing Process Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 42 Heavy Construction: Snapshot (Business Description; Printing Process Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 43 Systems Specialists Inc.: Company Snapshot (Business Description; Printing Process Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 44 LHP Telematics LLC: Company Snapshot (Business Description; Printing Process Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 45 LoJack Corporation: Company Snapshot (Business Description; Printing Process Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 46 Navman Group.: Company Snapshot (Business Description; Printing Process Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 47 ORMCOMM Inc.: Company Snapshot (Business Description; Printing Process Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 48 Teletrac: Company Snapshot (Business Description; Printing Process Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 49 TelliQ AB.: Company Snapshot (Business Description; Printing Process Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 50 Telgois: Company Snapshot (Business Description; Printing Process Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 51 The Morey Corporation: Company Snapshot (Business Description; Printing Process Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 52 Topcon Construction: Company Snapshot (Business Description; Printing Process Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 53 Trimble Inc.: Company Snapshot (Business Description; Printing Process Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 54 Zonar Systems Inc.: Company Snapshot (Business Description; Printing Process Portfolio; Financial Information; Business Overview and Recent Development)