Benelux Vehicle Telematics Market: Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

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Benelux Vehicle Telematics Market: By Component (Hardware, Software, Services), Sales Type (OEM, Aftermarket), Technology(Embedded, Integrated Smartphones, Tethered), Vehicle Type (Passenger Car, LCV, Truck, Bus, Others), Application (Fleet/Asset Management, Navigation & Location-based System, Infotainment System, Insurance Telematic, Safety & Security, V2X¸Driver Behaviour¸Billing Services, Others) and Country

 

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Report

Description

Benelux Vehicle Telematics Market size was valued at USD 7.2 billion in 2021, growing at a CAGR of 16.2% during the forecast period 2022 to 2028. The market provides a detailed overview of the market, and that can be segmented by Component, Sales Type, Technology, Vehicle Type, and by Application. By component, the Benelux vehicle telematics market has been segmented into Hardware, Software, and Services. The hardware vehicle telematics segment is likely to be the largest and fastest-growing segment in terms of type. Based on sales type, the Benelux vehicle telematics market is segmented into OEM and Aftermarket. Among these, the OEM segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on technology, the Benelux vehicle telematics market is segmented into Embedded, Integrated Smartphones, and Tethered. The embedded segment accounts for the largest share in 2021. The integrated smartphones segment is the second-largest share during the forecast period 2022-2028. Based on the vehicle type, the segment has been segregated into Passenger cars, LCVs, Trucks, buses, and Others. The passenger car segment is expected to dominate other segments in the Benelux vehicle telematics market. Based on application, the Benelux vehicle telematics market is segmented into Fleet/Asset Management, Navigation & Location-based Systems, Infotainment Systems, Insurance Telematic, Safety & Security, V2X, Driver Behaviour, Billing Services, and Others. The Safety & Security segment accounts for the largest share in 2021.

 

Key Development:

In May 2022, The automotive retail solutions provider Carlow which services more than 400 car dealers and important automotive OEMs in Belgium, the Netherlands, and Luxembourg, have gone into advanced negotiations for the acquisition. Both motor and Carlow have entered into binding, exclusive agreements and are moving diligently to finalize them.

 Benelux Vehicle Telematics Market

MARKET SUMMARY
-
16.2% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR–16.2%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

 Benelux Vehicle Telematics Market

  •  Benelux Vehicle Telematics Market expanding at significant CAGR over 2022 to 2028 due to growing scope of packaging in various products
  • Based on type, epoxy thermoset segment accounted for larger market revenue share in 2019 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global Packaging Coatings market
Key Players
  • Teltonika
  • Wipro Limited
  • Qualcomm Technologies, Inc.
  • Robert Bosch
  • Harman International
  • Verizon
 Benelux Vehicle Telematics Market Drivers And Restraints

Drivers: By increasing efficiency and monitoring idle time, telematics can assist drivers in reducing fuel consumption. Additionally, the use of telematics technologies can improve vehicle security and maintenance standards, enabling drivers to maintain a secure operating environment. In addition, it is anticipated that rising consumer demand for sophisticated safety features in cars will boost product demand. These factors could the drive the Benelux vehicle telematics market.


Benelux Vehicle Telematics Market

By country, Belgium is expected to witness the highest market share during the forecast period due to rising safety and security concerns in the country.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
 Benelux Vehicle Telematics Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The Benelux vehicle telematics market size is valued at USD 1,136.9 million in 2021 and is expected to grow at a prominent growth rate during the forecast period 2022 to 2028.

 

 

 

Improved Operational Efficiency for Fleet Management Companies to drive market growth.


Report

Table Of Content

1. Executive Summary
2. Benelux Vehicle Telematics Market Introduction
2.1. Benelux Vehicle Telematics Market – Taxonomy
2.2. Benelux Vehicle Telematics Market –Definitions
2.2.1. Component
2.2.2. Sales Type
2.2.3. Technology
2.2.4. Vehicle Type
2.2.5. Application
2.2.6. By Region
3. Benelux Vehicle Telematics Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Benelux Vehicle Telematics Market Dynamic Factors – Impact Analysis
3.6. Benelux Vehicle Telematics Market – Competition Landscape
4. Benelux Vehicle Telematics Market Analysis, 2017-2021 and Forecast, 2022-2028
4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Benelux Vehicle Telematics Market, Component, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1. Hardware
5.1.1. Market Analysis, 2016 – 2020 and Forecast, 2021 – 2027 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Software
5.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Services
5.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
6. Benelux Vehicle Telematics Market, Sales Type, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1. OEM
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Aftermarket
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
7. Benelux Vehicle Telematics Market, Technology, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1. Embedded
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Integrated Smartphones
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Tethered
7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
8. Benelux Vehicle Telematics Market, Vehicle Type, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1. Passenger Car
8.1.1. Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. LCV
8.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Truck
8.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Bus
8.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Others
8.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
9. Benelux Vehicle Telematics Market, By Application, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1. Fleet/Asset Management
9.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Navigation & Location-based System
9.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Infotainment System
9.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Insurance Telematic
9.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Safety & Security
9.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. V2X
9.6.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.6.3. Market Opportunity Analysis
9.7. Driver Behaviour
9.7.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.7.3. Market Opportunity Analysis
9.8. Billing Services
9.8.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.8.3. Market Opportunity Analysis
9.9. Others
9.9.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.9.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.9.3. Market Opportunity Analysis
10. Competition Landscape
10.1. Strategic Dashboard of Top Market Players
10.2. Company Profiles (Introduction, Financial Analysis, Key Offerings, Key Developments, Strategies, and SWOT Analysis)
10.2.1. Frotcom International
10.2.2. Teltonika
10.2.3. Wipro Limited
10.2.4. Qualcomm Technologies, Inc.
10.2.5. Robert Bosch
10.2.6. Harman International
10.2.7. Verizon
10.2.8. LG Electronics
10.2.9. Trimble, Inc.
10.2.10. TomTom telematics BV
11. Research Methodology
12. Key Assumptions and Acronyms

Report

Company Profile

  • Frotcom International
  • Teltonika
  • Wipro Limited
  • Qualcomm Technologies, Inc.
  • Robert Bosch
  • Harman International
  • Verizon
  • LG Electronics
  • Trimble, Inc.
  • TomTom telematics BV

Description

Benelux Vehicle Telematics Market size was valued at USD 7.2 billion in 2021, growing at a CAGR of 16.2% during the forecast period 2022 to 2028. The market provides a detailed overview of the market, and that can be segmented by Component, Sales Type, Technology, Vehicle Type, and by Application. By component, the Benelux vehicle telematics market has been segmented into Hardware, Software, and Services. The hardware vehicle telematics segment is likely to be the largest and fastest-growing segment in terms of type. Based on sales type, the Benelux vehicle telematics market is segmented into OEM and Aftermarket. Among these, the OEM segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on technology, the Benelux vehicle telematics market is segmented into Embedded, Integrated Smartphones, and Tethered. The embedded segment accounts for the largest share in 2021. The integrated smartphones segment is the second-largest share during the forecast period 2022-2028. Based on the vehicle type, the segment has been segregated into Passenger cars, LCVs, Trucks, buses, and Others. The passenger car segment is expected to dominate other segments in the Benelux vehicle telematics market. Based on application, the Benelux vehicle telematics market is segmented into Fleet/Asset Management, Navigation & Location-based Systems, Infotainment Systems, Insurance Telematic, Safety & Security, V2X, Driver Behaviour, Billing Services, and Others. The Safety & Security segment accounts for the largest share in 2021.

 

Key Development:

In May 2022, The automotive retail solutions provider Carlow which services more than 400 car dealers and important automotive OEMs in Belgium, the Netherlands, and Luxembourg, have gone into advanced negotiations for the acquisition. Both motor and Carlow have entered into binding, exclusive agreements and are moving diligently to finalize them.

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