This website uses cookies to ensure you have the best experience. Learn more

Increasing Adoption Of Technology Will Continue To Fuel The Asia Pacific Automotive Telematics Market During 2014 – 2020

771 words - 4 pages

Title: Increasing adoption of technology will continue to fuel the Asia Pacific automotive telematics market during 2014 – 2020, says Future Market Insights

Body Text:

London, December 29, 2014: Future Market Insights (FMI) with sharp focus on emerging regions delivers key insights about the Asia Pacific automotive telematics market in its recent report titled, “Asia Pacific Automotive Telematics — Market Analysis and Opportunity Assessment, 2014 – 2020”. According to this report, the global telematics market is expected to expand at a single-digit CAGR during forecast period 2014–2020. On the other hand, Asia Pacific will demonstrate the fastest growth in the global automotive ...view middle of the document...

The three key technologies that will drive the Asia Pacific automotive telematics market are:

Embedded Technology – Currently, this segment dominates the Asia Pacific automotive telematics market. Greater ease of assembly, ease of troubleshooting, reliability of components and fall in cost of electronic parts are factors driving demand for automotive embedded systems in this region. Increasing use of cloud-based telematics will also influence the Asia Pacific automotive telematics embedded technology market segment. FMI projects that this segment will display a double-digit CAGR during the forecast period.

Tethered Technology – The tethered technology segment in the Asia Pacific automotive telematics market will demonstrate the lowest growth at a single-digit CAGR during forecast period 2014–2020.

Smartphone Technology – Price advantages and growing smartphone penetration will fuel growth of the smartphone technology segment in the Asia Pacific automotive telematics market. FMI anticipates that evolving smartphone technology will witness the highest CAGR in double digits during the forecast period.

Currently, North America dominates the global automotive telematics market, followed by Europe. High penetration of the aforesaid technologies in Asia Pacific combined with saturation of European and North American markets will continue to fuel growth of the Asia Pacific automotive telematics market.

Elaborating on this trend, Kaitwade further stated, “In order to differentiate their product offerings, automotive OEMs are integrating telematics technologies into vehicles they manufacture.”

In addition, the expanding safety and security end-user segment and increasing prominence of...

Other Essays Like Increasing Adoption of Technology Will Continue to Fuel the Asia Pacific Automotive Telematics Market During 2014 – 2020

Wind Turbine Market 2014-2020: Latin America Most Lucrative Region According to Fmi

1010 words - 5 pages pump water for decades, and they remain a significant application in both developed and developing economies. The end use industries of wind turbines can be broadly classified into industrial, commercial and residential. The industrial use can be further divided into power generation, agriculture, industrial automation, engineering and telecommunication. Despite being commercially niche market at present, wind turbines are expected to expand due to

Asia Pacific Food & Beverage Colorants Market By Type

1177 words - 5 pages “The Asia-Pacific food and beverages colorants market is estimated to grow at a CAGR of 4.8% from 2014 to 2019. The Asia-Pacific market lags behind the European and North American food and beverages colorants market due to food safety scares in Asia-Pacific that has made consumers more aware of synthetic colorants, as observed by various studies that state the consumption of some synthetic colorants appeared to increase hyperactivity and poor

Latest Research on Investment Prospective of Automotive Tire Market in China, 2014-2018

1234 words - 5 pages Development Trend and Investment Prospective of Automotive Tire Market in China, 2014-2018 Development Trend and Investment Prospective of Automotive Tire Market in China, 2014-2018 mainly analyzes the market status of automotive tire industry in China, as well as supply & demand, competition landscape, and business performance of major enterprises in China, meanwhile offers suggestions for automotive tire industry, so as to make

Sterilization Technologies Market: Global Industry Analysis and Forecast 2014 - 2020

984 words - 4 pages America dominates the global market for sterilization technologies due to rise in number of hospital acquired infections and increasing geriatric population in the region. Asia is expected to experience high growth rate over the next five years in the global sterilization technologies market. China and India are projected to be the fastest growing markets in the region. The key driving forces for the sterilization technologies market in developing

Thailand Water Pump Market - Growth of the Market in East Asia Is Mainly Driven by Increased Adoption of Water Pumps in Power Plants

3678 words - 15 pages end-use application, the agriculture segment is projected to continue its dominance throughout the forecast period. Agriculture application segment is expected to gain BPS during the forecast period as a major portion of the country’s GDP is generated from agricultural activities. However, the industrial segment is forecast to register highest CAGR by 2021. Growth of the market in East Asia is mainly driven by increased adoption of water pumps in

Industrialization in Asia Pacific to Drive Industrial Personnel and Burden Carrier (Electric) Market to Us$174.6 Mn Globally by 2021

936 words - 4 pages (electric) market is witnessing significant growth primarily due to the rapid industrialization in developing countries of Asia Pacific. This in turn is attracting various manufacturers of industrial personnel and burden carrier (electric) to invest in this market. In addition, increasing need for improved operational efficiency within factories and growing demand for electric vehicles worldwide are boosting the demand of industrial personnel and

Pet Food Market by Application, Products & Technology, 2020

842 words - 4 pages , quoted, or otherwise reproduced without the approval of PMR. Pet Food Market, 2020 Page | R e s e a r c h M a r k e t P e r s i s t e n c e Report Media Releases Pet Food Market by Application, Products & Technology, 2020 North America has largest pet food market and an impressive pet population. According to The US National Council on Pet Population Study and Policy, in 2013, around 83.3 million dogs and 95.6 million cats owned by

Asia Pacific Most Lucrative Region for Manufacturing Execution Systems (Mes) Market

710 words - 3 pages management etc.On the other hand various discrete manufacturing industries include automotive, healthcare, aerospace and defense. MES has been nowadays accepted across various segments.The process industries have made use of MES to a very large extent and seems to be matured unless more advancement in technology takes place. There is a lot of scope and potential for MES in discrete manufacturing industries. On the basis of functions, MES market is

China Automotive Seat Motor Industry Report 2013-2014: Global Market Research Report

906 words - 4 pages Global and China Automotive Seat Motor Industry Report, 2013-2014 Passenger vehicle seat motors account for above 95% of the entire automotive seat motor market. Only mid-range and upscale passenger vehicles were equipped with seat motors before 2010, but, with intensified configuration competition among vehicle manufacturers and users’ growing appetite for comfort, the installation rate of automotive seat motor has been gradually

Colorectal Cancer Therapeutics Market: Global Industry Analysis and Forecast, 2014 - 2020

1011 words - 5 pages . This is due to the large population base and increasing prevalence of colorectal cancer cases in these countries. Some of the key driving factors of the colorectal cancer therapeutics market in developing countries are increasing awareness of the disease and improved healthcare facilities in these regions. Persistence Market Research 2 Colorectal Cancer Therapeutics Market: Global Industry Analysis and Forecast, 2014 - 2020 Increased

Chemical Pulp Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020

964 words - 4 pages driven by increasing use of hygiene, packaging and specialty products However availability of substitutes and volatile raw material prices could hamper the growth of this market. Asia Pacific, the fastest growing market for chemical pulp industry, is expected to generate substantial revenue during the forecast period. China and India are expected to be the largest consumer of chemical pulp in Asia Pacific due to presence of an established paper

Related Papers

Asia Pacific Ems Market Opportunities And Forecast (2014 2020)

656 words - 3 pages Asia Pacific EMS Market Opportunities and Forecast, 2014 - 2020) Report Overview Energy management systems (EMS) enable the users (both commercial or residential) to collect information on the energy use through monitoring, assessing, and visualizing energy consumption. The market for energy management system is primarily driven by the growing need of energy efficiency, energy price volatility, supportive government initiatives and

India E Learning Market Outlook To Fy'2018 Increasing Technology Adoption To Drive Future Growth

754 words - 4 pages India E-learning Market Outlook to FY'2018: Increasing Technology Adoption to Drive Future Growth provides a comprehensive analysis of the market size of India E-learning market, market segmentation by content and technology and allied services. Further segmentation of Content and technology segments are also provided in the report. The report entails the market share of major E-learning companies along with the competitive landscape of major

International Electroplated Diamond Wire Market Technology Review & Forecasts To 2020

599 words - 3 pages Wire markets in China and other countries or regions (such as US, Europe, Japan, etc) by presenting research on global products of different types and applications, developments and trends of market, technology, competitive landscape, and leading suppliers' and countries' 2009-2014 capacity, production, cost, price, profit, production value, and gross margin. For leading suppliers, related information is listed as products, customers, application

Microscopes Market Is Expected To Increase Growth 12.0% From 2014 To 2020

703 words - 3 pages Regional Insights Asia Pacific dominated the microscopes market in terms of revenue share in 2013 owing to rising industrialization rates in countries such as China and India and the presence of extensive nanotechnology associated R&D investments are some key drivers of this market. Increasing usage rates in non-commercial institutions such as research laboratories and universities is expected to drive the market. Japan is the largest provider