Construction Equipment OEM Telematics Market Expected to Reach 11 Million Units by 2027, Finds Global Study - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Construction Equipment OEM Telematics Market - 6th Edition" report has been added to ResearchAndMarkets.com's offering.

The latest comprehensive analysis of the OEM Telematics market for construction equipment reveals significant growth prospects and leading trends shaping the industry's future.

The global installed base of active construction equipment OEM telematics systems reached a new milestone in 2022, signifying a robust trajectory for the industry's progress. The informed projections suggest an increase from the current 6.2 million units to an expected 11 million units by 2027. This growth, at a compound annual growth rate (CAGR) of 12%, underscores the rapid adoption and integration of telematics technology across construction equipment manufacturers.

An in-depth dive into regional markets reflects a substantial market presence of construction equipment OEM telematics systems. North America's market emerges slightly ahead of Europe, accounting for close to 0.9 million active systems as of last year. However, the majority of the installed base remains concentrated within the Rest of the World segment, indicating a widespread global usage.

A Glimpse into Market Leaders and Innovations

• Market leader Caterpillar, noted for its expansive telematics systems deployment worldwide, notably exceeds 1 million connected construction assets.
• Chinese powerhouse SANY and Japan's renowned Komatsu follow suit, with significant market shares in their respective regions.
• Noteworthy players, including Volvo Construction Equipment in Sweden, UK-based JCB, and Hitachi Construction Machinery from Japan, also mark their presence with several hundred thousand units globally.
• North America's Deere & Company, Korea's HD Hyundai, and Doosan Bobcat share the distinction of having surpassed 100,000 units, cementing their standing in the market.

This essential reading underscores the dynamic telematics landscape and offers rich insights, encompassing exclusive interviews with leading companies, new market share data, and a comprehensive analysis of the telematics value chain. With refined business intelligence, the reader gains a clear understanding of current trends, future developments, and the projected evolution of this digital integration in construction equipment.

Highlights from this strategic report include:

1. An extensive overview of telematics systems provided directly by OEMs, including key applications and market implications.
2. Detailed analysis of regional disparities and growth predictions to inform on global market tendencies and opportunities.
3. Updated profiles for 27 major OEMs, presenting an inside look at their telematics offerings and strategic market positioning.
4. Expert commentary offering a roadmap for businesses to navigate and capitalize on market developments.

This strategic research report is an indispensable tool for stakeholders across various sectors linked to construction equipment manufacturing and telematics. It delivers expert insights crucial for decision-making, making it invaluable for manufacturers, telematics vendors, and professionals seeking a nuanced understanding of the market dynamics governing OEM telematics integration.

With the continuous technological advancement and growing integration of telematics systems, the construction equipment sector is poised for further innovation, redefining efficiency and connectivity in the years to come.

For those aiming to garner a deep understanding of this burgeoning industry segment and its trajectory, this report is pivotal in highlighting the transformative impact of OEM telematics on global construction equipment markets.

The comprehensive analyses and forecasts detailed within this report offer a distinctly competitive edge to forward-thinking businesses and insightful industry participants worldwide.

Key Attributes:

Report Attribute	Details
No. of Pages	135
Forecast Period	2022 - 2027
Estimated Market Value in 2022	6.2 Million Units
Forecasted Market Value by 2027	11 Million Units
Compound Annual Growth Rate	12.0%
Regions Covered	Global

Key Topics Covered:

1 Construction Equipment Telematics Solutions

1.1 Introduction to CE telematics

1.2 CE telematics infrastructure

1.2.1 CE segment

1.2.2 GNSS segment

1.2.3 Network segment

1.2.4 Backoffice segment

1.2.5 OEM/dealer segment

1.3 Construction equipment management

1.3.1 Machine location tracking and status monitoring

1.3.2 Security tracking and intervention

1.3.3 Remote diagnostics, preventive maintenance and machine health prognostics

1.4 Equipment operator management

1.4.1 Collection of operator-related data

1.4.2 Interaction with operators in the field

1.4.3 Video-based operator monitoring

1.5 Worksite management

1.5.1 Worksite optimisation and site reporting

1.5.2 Tracking of accessories, tools and other low-value items

1.5.3 Integration with auxiliary systems

1.6 Business models

2 Market Forecasts and Trends

2.1 Market analysis

2.1.1 The global construction equipment market

2.1.2 The installed base of construction equipment OEM telematics systems

2.1.3 Construction equipment OEM telematics vendor market shares

2.1.4 Variations on the global CE telematics market

2.2 Market drivers and barriers

2.3 Value chain analysis

2.4 Future industry trends

3 Company Profiles

• Bell Equipment
• BOMAG
• Caterpillar
• CNH Industrial
• Deere & Company
• Doosan Bobcat
• Genie
• HD Hyundai
• Hitachi Construction Machinery
• JCB
• JLG Industries
• Kobelco
• Komatsu
• Kubota
• Liebherr
• Link-Belt Cranes and LBX (Sumitomo)
• LiuGong
• Mahindra & Mahindra
• Manitowoc
• Mecalac
• SANY
• Tadano
• Takeuchi
• Terex
• Volvo Construction Equipment
• Wacker Neuson
• XCMG

For more information about this report visit https://www.researchandmarkets.com/r/11vvce

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