Automotive Telematics Market
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Transparency <strong>Market</strong> Research<br />
<strong>Automotive</strong> <strong>Telematics</strong> <strong>Market</strong> - Global<br />
Industry Analysis, Size, Share, Growth,<br />
Trends and Forecast 2014 - 2020<br />
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REPORT DESCRIPTION<br />
<strong>Automotive</strong> <strong>Telematics</strong> <strong>Market</strong> - Global Industry Analysis, Size, Share, Growth, Trends and<br />
Forecast 2014 – 2020<br />
<strong>Automotive</strong> telematics is a combination of telecommunication and informatics used in road transportation, vehicular<br />
technologies and road and vehicle safety. <strong>Automotive</strong> telematics uses integrated systems comprising of electronic<br />
devices such as sensors, wireless communication technologies such as satellite navigation, mobile data and vehicle<br />
tracking and computer science. The sensors such as gyroscope, accelerometer, odometer etc. calculate parameters<br />
such as distance, speed, direction and detect surrounding objects. This information collected by sensors is send to<br />
the control unit over a wireless communication network such as radio, cellular or satellite. The control unit uses preprogrammed<br />
algorithms to process and analyze such information and take decisions pertaining to vehicle motoring.<br />
Such integrated systems provide functionalities such as transport feasibility check, automatic vehicle motoring and<br />
road safety.<br />
Browse The <strong>Market</strong> Research Report of <strong>Automotive</strong> <strong>Telematics</strong> <strong>Market</strong> :<br />
http://www.transparencymarketresearch.com/automotive-telematics-market.html<br />
Thus, automotive telematics has led to the inventions such as driving assistance systems, automatic driving<br />
systems, vehicular emergency warning systems, wireless safety communications and global positioning system<br />
(GPS) navigation. This system based on telecommunications and informatics is encapsulated into the Wireless<br />
Access for Vehicular Environment (WAVE) and is used in Intelligent Transportation Systems (ITS).<br />
One of the major factors driving the automotive telematics market is increasing occurrences of road accidents and<br />
vehicular mishaps. With the increasing number of vehicles and transportation requirements, the need for safety<br />
measures has grown immensely. The need to minimize vehicular damages and human casualties caused during<br />
transportation provides a major boost to the automotive telematics market, globally. Another factor leading to the<br />
growth of automotive telematics market is the need for efficient mass vehicular transportation. Increasing number of<br />
vehicles on roads has led to issues such as traffic congestions and disoriented transits. <strong>Automotive</strong> telematics<br />
systems provide a solution over such problems through its intuitive motoring guidance capabilities which help in<br />
redirecting traffic and automatic vehicle motoring. Government policies and regulations towards road safety also<br />
play an important role in incorporating automotive telematics systems into commercial and personal vehicles.
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However, automotive telematics market faces few hurdles such as error rates and communication breakdowns.<br />
Since the control unit takes major motoring decisions based on information gathered by sensors, even an iota of<br />
error could lead to catastrophic events. Moreover, due to its heavy reliance on communication networks, automotive<br />
telematics systems could be rendered useless in case of communication breakdown.<br />
<strong>Automotive</strong> telematics systems have found immense applications in fleet telematics systems for navigating several<br />
vehicles and coordinating mass transportation. The mobile vehicle system in individual vehicles is in communication<br />
with a stationary communication system. Additional features such as visualization of vehicular position on digital<br />
maps and use of simple input devices provide ease of use and efficiency to the automotive telematics systems.<br />
Other applications of this system such as vehicle and trailer tracking and car clubs and automobile insurance have<br />
provided promising prospects to the automotive telematics market. Existing companies as well as new entrants in<br />
the market are seeking to gain advantages by developing diverse telematics systems using advanced technologies.<br />
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Some of the key players in the automotive telematics market are Autotrac, ID Systems Inc., Teletrac Inc., Fleetmatics<br />
IrL Limited, Trimble Navigations and Omnitracs LLC, DigiCore, Masternaut Limited, MiX <strong>Telematics</strong>, TomTom<br />
<strong>Telematics</strong> and Telogis.<br />
This research report analyzes this market on the basis of its market segments, major geographies, and current<br />
market trends.<br />
Geographies analyzed under this research report include<br />
<br />
<br />
<br />
<br />
<br />
North America<br />
Asia Pacific<br />
Europe<br />
Middle East and Africa<br />
Latin America
This report provides comprehensive analysis of<br />
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<strong>Market</strong> growth drivers<br />
Factors limiting market growth<br />
Current market trends<br />
<strong>Market</strong> structure<br />
<strong>Market</strong> projections for upcoming years<br />
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market<br />
projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis<br />
and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the<br />
existing market players and new entrants along with detailed value chain analysis.<br />
Global <strong>Automotive</strong> Research Blog : http://globalautomotiveresearch2015.blogspot.in/<br />
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