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The Europe commercial telematics market is expected to exhibit robust growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Commercial telematics refers to solutions and services that assist in monitoring commercial vehicles via telecommunication. It relies on global positioning systems (GPS) and onboard diagnostic systems to record the speed and behavior of vehicles. It allows the interchange of information between the central authority and the commercial vehicle and alerts the fleet manager in case of an emergency. As a result, it is extensively utilized in Europe by insurance providers to assist the driver behavior in determining risk factors and regulate insurance policy accordingly.
The increasing incidences of workers' accidents have propelled governing agencies to take stringent measures and protect the well-being and safety of employees. This represents one of the key factors strengthening the growth of the market in Europe. Moreover, the rising adoption of mobile resource management is fueling the utilization of the telematics system in the region. Apart from this, commercial telematics finds extensive application across oil, mining, gas, utilities, courier delivery, food and beverage (F&B), waste management, and construction sectors, which is driving the market. Additionally, considerable growth in the transportation industry, along with the widespread usage of smart transportation systems, is stimulating market growth in Europe. Furthermore, leading players are heavily investing in research and development (R&D) activities. They are also focusing on the development of video-based telematics to expand their overall sales and existing consumer base in the region.
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe commercial telematics market, along with forecasts at the country and regional level from 2021-2026. Our report has categorized the market based on type, system type, provider type and end use industry.
Breakup by Type:
Breakup by System Type:
Breakup by Provider Type:
Breakup by End Use Industry:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2020|
|Segment Coverage||Type, System Type, Provider Type, End Use Industry, Country|
|Countries Covered||Germany, France, United Kingdom, Italy, Spain|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
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Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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