It is predicted that there will be 12.1 million active construction machinery OEM telematics systems by 2028.
Berg Insight has announced a new research report on the telematics market for construction machinery OEMs worldwide. According to Berg Insight, the active installed base of construction machinery OEM telematics systems reached 6.8 million units globally in 2023. It is expected to grow at a compound annual growth rate (CAGR) of 12.0%, reaching 12.1 million units worldwide by 2028. This includes all CE telematics systems sold by construction machinery OEMs, whether developed in-house or provided in partnership with third-party telematics players by CE manufacturers. The European market is estimated to have approximately 0.9 million active construction machinery OEM telematics systems at the end of 2023. The North American market is estimated to be slightly larger than the European market. Furthermore, other regions account for more than half of the global installed base of CE telematics systems provided by construction machinery OEMs. [Contents] ■ Construction Machinery Telematics Solutions ■ Market Forecasts and Trends ■ Company Profiles
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Publisher: Berg Insights Publication Month: December 2024 Report Language: English *For more details, please visit our website or refer to the sample materials.
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Data Resource Co., Ltd. provides valuable information and analytical data for business strategy planning, including the latest market information on telecommunications, computers, electronics, semiconductors, energy, automotive-related sectors, as well as healthcare and pharmaceuticals, competitive strategies of other companies, development of new technologies and services, regulations, and intellectual property.