APAC Automotive Telematics Market, By Vehicle type (Commercial and Passenger), By Application (Infotainment, Safety, Navigation and Diagnostics), By Technology type (Embedded, Tethered and Integrated/ Smartphone) By Channel type (OEM and Aftermarket), and

APAC Automotive Telematics Market, By Vehicle type (Commercial and Passenger), By Application (Infotainment, Safety, Navigation and Diagnostics), By Technology type (Embedded, Tethered and Integrated/ Smartphone) By Channel type (OEM and Aftermarket), and By Country (China, Japan, South Korea, India, ASEAN and Oceania) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Telematics in automotive is an interdisciplinary field that includes vehicular technologies namely road safety, road transport, sensors, multimedia, and telecommunications. In other words, telematics is a piece of technology of sending, receiving, and storing information using telecommunication devices. Telematics has many applications in automotive including mobile data, auto insurance, vehicle tracking, container tracking, fleet management, intelligent vehicle technologies, an emergency warning system for the vehicle, car sharing, satellite navigation, etc. Automotive telematics uses telecommunications integrated with informatics for application in vehicles and to control vehicles on the move. Moreover, GPS technology is integrated with computers and mobile communication technology in automotive navigation systems. Systems such as automatic driving systems, driving assistance systems, vehicular emergency warning systems, APAC positioning system (GPS) navigation, and wireless safety communication have been created by an automotive telematics system.

The APAC Automotive Telematics Market was valued for US$ 17,080.4 Mn in 2021.

Market Dynamics

Increasing investments in road and telecom infrastructure by governments is expected to drive growth of the APAC automotive telematics market during the forecast period. Countries across the world are investing in road and telecom infrastructure as these parameters are directly impacting the country’s economy.

However, rising popularity of GPS-enabled smartphones is expected to restrict growth of the market in the near future. Smartphones provide an alternative telematics device since many functionalities of telematics can be activated on smartphone by installing relevant software applications. Thus, availability of product substitutes is expected to hamper the APAC automotive telematics market growth during the forecast period. For environmental accountability that are being enforced to ensure safety operational

Key features of the study: This report provides an in-depth analysis of the APAC automotive telematics market and provides market size (US$ 17,080.4 million) and compound annual growth rate (CAGR 14.2%) for the forecast period (2022-2030), considering 2021 as the base year It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players It profiles leading players in the APAC automotive telematics market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans Key companies covered in the APAC automotive telematics market includes Denso Corporation, Panasonic Corporation, Clarion, Masternaut Limited, Continental AG, Qualcomm Technologies, Inc. LG Electronics, Harman International Industries, Inc., Trimble Inc., and I.D. Systems. These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers. Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics The APAC automotive telematics market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the APAC Automotive telematics Market.Detailed Segmentation APAC Automotive telematics Market, By Technology:ElectrochemicalInfraredSemiconductorCatalyticOthers APAC Automotive telematics Market, By Vehicle type:CommercialPassenger APAC Automotive telematics Market, By Application:InfotainmentSafetyNavigationDiagnosticsAPAC APAC Automotive telematics Market, By Technology Type:EmbeddedTetheredIntegrated/ Smartphone APAC Automotive telematics Market, By Channel Type:OEMAftermarket APAC Automotive telematics Market, By Region:Asia Pacific Company ProfilesDenso Corporation* Company Overview Product Portfolio Financial Performance Key Strategies Recent DevelopmentsPanasonic CorporationClarionMasternaut LimitedContinental AGQualcomm Technologies, Inc.LG ElectronicsHarman International Industries, Inc.Trimble Inc.I.D. Systems.“*” marked represents similar segmentation in other categories in the respective section.