Los Angeles, CA -- (SBWire) -- 04/24/2019 --A telematics control unit (TCU) in the automobile industry refers to the embedded system on board a vehicle that controls tracking of the vehicle.
Passenger vehicle covered over 76% of the market share in 2016, and is projected to dominate the market over the estimated period. This sector is likely to rise at a CAGR of 19.34 % from 2016 to 2022.
North America Telematics Control Unit (TCU) market size was valued at around USD 682.4 million in 2016. Europe is expected to exceed USD 888.5 million by 2017, at a CAGR of over 9.66% between 2013 and 2017. Asia-Pacific Telematics Control Unit (TCU) market size was valued over USD 1046.3 million in 2016 and is anticipated to reach USD 1167.5 million by 2017. Emerging economies, such as Brazil, India and Russia etc. will become the new power for development of the world economy in the future. With the rapid development of emerging economies, besides promoting economic growth of other countries in Asia, Latin American and African, the region above will quickly become important market of Telematics Control Unit (TCU).
The Telematics Control Unit (TCU) industry is moderately competitive, with top ten vendors accounting for about 87 % of the industry sales share. LG is the global largest vendors accounted for 33.26 % of the industry share in 2016. Other key players include Harman, Bosch, Continental, and Denso among others.
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The global Telematics Control Unit (TCU) market was 2530 million US$ in 2018 and is expected to 7150 million US$ by the end of 2025, growing at a CAGR of 13.9% between 2019 and 2025.
This report studies the Telematics Control Unit (TCU) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Telematics Control Unit (TCU) in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
LG
Harman
Bosch
Continental
Denso
Marelli
Visteon
F-Ten
Peiker
Novero
Ficosa
Huawei
Flaircomm Microelectronics
Xiamen Yaxon Network Co., Ltd.
By the product type, the market is primarily split into
2G/2.5G
3G
4G/5G
By the end users/application, this report covers the following segments
Passenger Vehicle
Commercial Vehicle
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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The study objectives of this report are:
To study and analyze the global Telematics Control Unit market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Telematics Control Unit market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Telematics Control Unit manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Telematics Control Unit with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Telematics Control Unit submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Telematics Control Unit are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K sqm). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Telematics Control Unit market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Telematics Control Unit market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
About QYResearch
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Global Telematics Control Unit Market Is Anticipated to Reach 7150 Million US$ by 2025, Registering a CAGR of 13.90%, Says QY Research