Off-Highway Vehicle Telematics Market – A Global and Regional Analysis: 2019-2030

The off-highway vehicle telematics market is projected to reach $2.95 billion by the end of 2025.

The off-highway vehicle telematics market analyzed by BIS Research is expected to show decent growth in the coming years.

An off-highway vehicle (OHV) is defined by its ability to be driven on non-tarmac roads. The vehicle design for such applications revolves around high ground clearance, heavy-duty chassis structure, and high load-carrying capacity. This report considers only heavy equipment/vehicles used for industrial applications for estimations and forecast. Off-highway vehicles have a significant range of applications within the construction, agriculture, and mining, among other industries. Global mobility trends such as connected, autonomous, and electric propulsion have impacted several industrial sectors. These trends are supported by back-end support, with data analytics being one of the critical aspects of platform function. These business operations generate new opportunities for emerging data science domains, such as big data and machine learning.

Further, the process of such businesses requires a secure communication and data transfer channel, giving rise to telematics technology applications. Telematics is a standalone concept, which enables the integration of various services and technological features in a vehicle. The research study focuses on putting forward a clear picture of the current consumption and future growth potential of off-highway vehicle telematics.

Scope of the Off-Highway Vehicle Telematics Market

The Off-Highway Vehicle Telematics Market – A Global and Regional Analysis: 2019-2030 provides detailed market information for segmentation on the basis of application type, equipment type, product type, and region. The purpose of this market analysis is to examine the off-highway vehicle telematics outlook in terms of factors driving the market, trends, technological developments, and competitive benchmarking, among others.

The report further takes into consideration the market dynamics and the competitive landscape, along with the detailed financial and product contribution of the key players operating in the market. While highlighting the key driving and restraining forces for this market, the report also provides a detailed analysis of the technologies involved in the off-highway vehicle telematics development process.

The global off-highway vehicle telematics market is segregated by region under six major regions, namely North America, Asia-Pacific and Japan, Europe, China, the U.K., and Rest-of-the-World.