Global Motor Racing Telematics (MRT) Market to Grow at a CAGR of 16.17% by 2021: Advanced Telematics Enabling Connect Car Racing in Motorsports - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Motor Racing Telematics (MRT) Market 2017-2021" report to their offering.

The global motor racing telematics market is forecast to grow at a CAGR of 16.17% during the period 2017-2021.

The report, Global Motor Racing Telematics Market 2017-2021, 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.

One trend in market is IoT platform integration for optimum engine performance. The motorsports industry is rapidly evolving and is witnessing the development of innovative technologies in the field of automotive powertrain such as engine, transmission and chassis among others. The extensive use of electronic sensors and microprocessors in the vehicle along with advanced control modules has led to the development of more advanced racing vehicles. With the fusion of more electronic components within the vehicles, the vehicles are becoming much more efficient both in terms of their performance on the field and carbon emissions.

According to the report, one driver in market is negligible price inflation by OEMs on telematics service offerings. The adoption of telematics solutions in vehicles is increasing at a rapid rate year-on-year. Data reveals that the luxury vehicle segment, where remote vehicle diagnostics are largely deployed, has not seen any significant price hikes even though many vehicles in this category are being engineered with connectivity technologies.

Key vendors

  • Agero
  • Airbiquity
  • Continental
  • Verizon Telematics
  • Visteon Corporation

Other prominent vendors

  • AT&T
  • Bynx
  • Connexis LLC
  • Ericsson
  • Others

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Geography Segmentation

PART 07: Decision framework

PART 08: Drivers and challenges

PART 09: Market trends

PART 10: Vendor landscape

PART 11: Key vendor analysis

PART 12: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/7nkv5c/global_motor

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Sporting Goods and Equipment, Telematics and Vehicle Electronics

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Sporting Goods and Equipment, Telematics and Vehicle Electronics