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(Transportation-News.com, October 14, 2016 ) The telematics system in a vehicle is a device that deals with communication (sending, receiving, and storing information) regarding the vehicle and other parameters. The telematics system collects information from different on-board sensors, such as vehicle speed, braking system, advanced driver assistance system (ADAS), air bags, transmission control system, and many other systems.
Publisher's analysts forecast the commercial vehicle telematics market in India to grow at a CAGR of 15.73% during the period 2016-2020. For more information about this report: http://www.reportsweb.com/commercial-vehicle-telematics-market-in-india-2016-2020 Covered in this report The report covers the present scenario and the growth prospects of the commercial vehicle telematics market in India for 2016-2020. To calculate the market size, the report considers a top-down approach based on application, where the market is derived from the overall commercial vehicle telematics application volume.
The market is divided into the following segments based on application: -Tourism -Retail -Pharma -Courier -Cold chain -Others
Publisher's report, Commercial Vehicle Telematics Market in India 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors -Trimble Navigation -Arya Omnitalk -CMC -Tata Motors -Ashok Leyland
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Other prominent vendors -Dhanus Technologies -eLogistics -Mahindra & Mahindra
Market driver -Progressive business environment and increased infrastructure spending by the government -For a full, detailed list, view our report
Market challenge -Slow telematics penetration due to the presence of a large number of small fleet owners -For a full, detailed list, view our report
Market trend -Implementation of usage-based insurance model in commercial vehicle segment -For a full, detailed list, view our report
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Source: EmailWire.Com
Source: EmailWire.com
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