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Global Telematics Control Unit (TCU) Market Growth 2019-2024
SKU ID : LPI-13851644 | Publishing Date : 13-Feb-2019 | No. of pages : 165
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.
According to this study, over the next five years the Telematics Control Unit (TCU) market will register a 14.7% CAGR in terms of revenue, the global market size will reach US$ 5760 million by 2024, from US$ 2530 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Telematics Control Unit (TCU) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Telematics Control Unit (TCU) market by product type, application, key manufacturers and key regions and countries.
This study considers the Telematics Control Unit (TCU) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
2G/2.5G
3G
4G/5G
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
LG
Harman
Bosch
Continental
Denso
Marelli
Visteon
F-Ten
Peiker
Novero
Ficosa
Huawei
Flaircomm Microelectronics
Xiamen Yaxon Network Co., Ltd.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Telematics Control Unit (TCU) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Telematics Control Unit (TCU) market by identifying its various subsegments.
Focuses on the key global Telematics Control Unit (TCU) 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 (TCU) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Telematics Control Unit (TCU) 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.
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.
According to this study, over the next five years the Telematics Control Unit (TCU) market will register a 14.7% CAGR in terms of revenue, the global market size will reach US$ 5760 million by 2024, from US$ 2530 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Telematics Control Unit (TCU) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Telematics Control Unit (TCU) market by product type, application, key manufacturers and key regions and countries.
This study considers the Telematics Control Unit (TCU) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
2G/2.5G
3G
4G/5G
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
LG
Harman
Bosch
Continental
Denso
Marelli
Visteon
F-Ten
Peiker
Novero
Ficosa
Huawei
Flaircomm Microelectronics
Xiamen Yaxon Network Co., Ltd.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Telematics Control Unit (TCU) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Telematics Control Unit (TCU) market by identifying its various subsegments.
Focuses on the key global Telematics Control Unit (TCU) 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 (TCU) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Telematics Control Unit (TCU) 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.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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