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Commercial Vehicle Telematics Market in India

Thursday, October 13, 2016 1:35
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(Before It's News)

About Telematics System

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.

It’s analysts forecast the commercial vehicle telematics market in India to grow at a CAGR of 15.73% during the period 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

 

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