CHINA AUTOMOTIVE TELEMATICS MARKET FORECAST 2021-2026

CHINA AUTOMOTIVE TELEMATICS MARKET FORECAST 2021-2026

  • May 2021 •
  • 121 pages •
  • Report ID: 6074727 •
  • Format: PDF
KEY FINDINGS
The China automotive telematics market growth is estimated to progress at a CAGR of 23.17% during the forecast period, 2021-2026. The surging investment in transportation infrastructure, strict emissions standards, and significant e-commerce growth are the main market growth drivers.

MARKET INSIGHTS
The logistics market is thriving in the country, contributing considerably to GDP.China is projected to manufacture more than 2 lakh medium-duty commercial and 1 million heavy-duty vehicles.

Also, the market is transitioning from track & trace solutions to increased use of connected technology and solutions.Telecom infrastructure has witnessed rapid growth due to favorable government initiatives.

For instance, the government has mandated the installation of telematics systems in commercial vehicles.Such developments have also resulted in several major heavy truck manufacturers deploying telematics as standard configuration.

Also, the rising smartphone penetration is set to project a strong telematics base. Moreover, the growing partnerships between automotive manufacturers and network providers to enable consistent telematics services, offer ample growth opportunities.

COMPETITIVE INSIGHTS
Some of the prominent companies in the market include Zebra Zhixing, ForVision, Minieye, AutoAI, Zhidao Network Technology, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. AUTOAI
2. FORVISION
3. MINIEYE
4. ZEBRA ZHIXING
5. ZHIDAO NETWORK TECHNOLOGY