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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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 Summary

Study Period

2024-2030

Base Year

2023

CAGR

16.2%

Largest Market

Asia Pacific

Fastest Growing Market

North America
 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.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Benelux Vehicle Telematics Market Segmentation

By Component
  • Hardware
  • Softwar
  • Services
Sales Type
  •  OEM,
  • Aftermarket
Technology
  • Embedded,
  • Integrated Smartphones,
  • Tethered
Vehicle Type
  • Passenger Car
  • LCV
  • Truck
  • Bus
  • Others

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.

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

Adjacent Markets