The global Truck Telematics market size is estimated to be $8.58 billion in 2023, and Market IntelliX analysts predict it will reach $16.8 billion by 2031, growing at a CAGR of 8.78% during the forecast period from 2023 to 2031.

This report studies the Truck Telematics market, covering market size for segment by type (Hardwired Install Telematics, Plug-and-Play Telematics, etc.), by application (Light Duty Trucks (GVWR: 0-10,000 Pounds), Medium Duty Trucks (GVWR: 10,001-26,000 Pounds), etc.), by sales channel (Direct Channel, Distribution Channel), by player (Trimble, Verizon Connect, Geotab, Webfleet (formerly TomTom Telematics), Solera (formerly Omnitracs), etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).

This report provides detailed historical analysis of global market for Truck Telematics from 2017-2022, and provides extensive market forecasts from 2023-2031 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Truck Telematics market.

Leading Players of Truck Telematics including:

Trimble

Verizon Connect

Geotab

Webfleet (formerly TomTom Telematics)

Solera (formerly Omnitracs)

CalAmp

Daimler Fleetboard

MiX Telematics

Zonar Systems

Teletrac Navman

Masternaut (Michelin)

KORE Wireless

Motive Technologies

Continental

Bosch

Wabco

Ctrack

AirIQ

Actsoft

Market split by Type:

Hardwired Install Telematics

Plug-and-Play Telematics

Smartphone-based Telematics

Market split by Application:

Light Duty Trucks (GVWR: 0-10,000 Pounds)

Medium Duty Trucks (GVWR: 10,001-26,000 Pounds)

Heavy Duty Trucks (GVWR: 26,001 Pounds & Above)

Market split by Sales Channel:

Direct Channel

Distribution Channel

Market split by Region/Country:

North America (United States and Canada)

Europe (Germany, UK, France, Italy, Spain, and Russia, etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia, etc.)

South America (Brazil, Mexico, and Argentina, etc.)

Middle East & Africa (Turkey, UAE, Saudi Arabia, and South Africa, etc.)

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Chapter 1 Truck Telematics Market Overview

1.1 Truck Telematics Definition

1.2 Global Truck Telematics Market Size Status and Outlook (2017-2031)

1.3 Global Truck Telematics Market Size Comparison by Region (2017-2031)

1.4 Global Truck Telematics Market Size Comparison by Type (2017-2031)

1.5 Global Truck Telematics Market Size Comparison by Application (2017-2031)

1.6 Global Truck Telematics Market Size Comparison by Sales Channel (2017-2031)

1.7 Truck Telematics Market Dynamics

1.7.1 Market Drivers/Opportunities

1.7.2 Market Challenges/Risks

1.7.3 Market News (Merger/Acquisition/Expansion)

1.7.4 Key Trends in Truck Telematics Market

Chapter 2 Truck Telematics Market Competition by Player

2.1 Global Truck Telematics Sales and Market Share by Player (2020-2022)

2.2 Global Truck Telematics Revenue and Market Share by Player (2020-2022)

2.3 Global Truck Telematics Average Price by Player (2020-2022)

2.4 Players Competition Situation & Trends

2.5 Conclusion of Segment by Player

Chapter 3 Truck Telematics Market Segment by Type

3.1 Global Truck Telematics Market by Type

3.1.1 Hardwired Install Telematics

3.1.2 Plug-and-Play Telematics

3.1.3 Smartphone-based Telematics

3.2 Global Truck Telematics Sales and Market Share by Type (2017-2022)

3.3 Global Truck Telematics Revenue and Market Share by Type (2017-2022)

3.4 Global Truck Telematics Average Price by Type (2017-2022)

3.5 Conclusion of Segment by Type

Chapter 4 Truck Telematics Market Segment by Application

4.1 Global Truck Telematics Market by Application

4.1.1 Light Duty Trucks (GVWR: 0-10,000 Pounds)

4.1.2 Medium Duty Trucks (GVWR: 10,001-26,000 Pounds)

4.1.3 Heavy Duty Trucks (GVWR: 26,001 Pounds & Above)

4.2 Global Truck Telematics Revenue and Market Share by Application (2017-2022)

4.3 Conclusion of Segment by Application

Chapter 5 Truck Telematics Market Segment by Sales Channel

5.1 Global Truck Telematics Market by Sales Channel

5.1.1 Direct Channel

5.1.2 Distribution Channel

5.2 Global Truck Telematics Revenue and Market Share by Sales Channel (2017-2022)

5.3 Conclusion of Segment by Sales Channel

Chapter 6 Truck Telematics Market Segment by Region & Country

6.1 Global Truck Telematics Market Size and CAGR by Region (2017-2031)

6.2 Global Truck Telematics Sales and Market Share by Region (2017-2022)

6.3 Global Truck Telematics Revenue and Market Share by Region (2017-2022)

6.4 North America

6.4.1 North America Market by Country

6.4.2 North America Truck Telematics Market Share by Type

6.4.3 North America Truck Telematics Market Share by Application

6.4.4 United States

6.4.5 Canada

6.5 Europe

6.5.1 Europe Market by Country

6.5.2 Europe Truck Telematics Market Share by Type

6.5.3 Europe Truck Telematics Market Share by Application

6.5.4 Germany

6.5.5 UK

6.5.6 France

6.5.7 Italy

6.5.8 Spain

6.5.9 Russia

6.6 Asia-Pacific

6.6.1 Asia-Pacific Market by Country

6.6.2 Asia-Pacific Truck Telematics Market Share by Type

6.6.3 Asia-Pacific Truck Telematics Market Share by Application

6.6.4 China

6.6.5 Japan

6.6.6 Korea

6.6.7 India

6.6.8 Southeast Asia

6.6.9 Australia

6.7 South America

6.7.1 South America Market by Country

6.7.2 South America Truck Telematics Market Share by Type

6.7.3 South America Truck Telematics Market Share by Application

6.7.4 Brazil

6.7.5 Mexico

6.7.6 Argentina

6.7.7 Colombia

6.8 Middle East & Africa

6.8.1 Middle East & Africa Market by Country

6.8.2 Middle East & Africa Truck Telematics Market Share by Type

6.8.3 Middle East & Africa Truck Telematics Market Share by Application

6.8.4 Turkey

6.8.5 UAE

6.8.6 Saudi Arabia

6.8.7 South Africa

6.9 Conclusion of Segment by Region

Chapter 7 Profile of Leading Truck Telematics Players

7.1 Trimble

7.1.1 Company Snapshot

7.1.2 Product/Service Offered

7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)

7.2 Verizon Connect

7.3 Geotab

7.4 Webfleet (formerly TomTom Telematics)

7.5 Solera (formerly Omnitracs)

7.6 CalAmp

7.7 Daimler Fleetboard

7.8 MiX Telematics

7.9 Zonar Systems

7.10 Teletrac Navman

7.11 Masternaut (Michelin)

7.12 KORE Wireless

7.13 Motive Technologies

7.14 Continental

7.15 Bosch

7.16 Wabco

7.17 Ctrack

7.18 AirIQ

7.19 Actsoft

Chapter 8 Upstream and Downstream Analysis of Truck Telematics

8.1 Industrial Chain of Truck Telematics

8.2 Upstream of Truck Telematics

8.3 Downstream of Truck Telematics

Chapter 9 Development Trend of Truck Telematics (2023-2031)

9.1 Global Truck Telematics Market Size (Sales and Revenue) Forecast (2023-2031)

9.2 Global Truck Telematics Market Size and CAGR Forecast by Region (2023-2031)

9.3 Global Truck Telematics Market Size and CAGR Forecast by Type (2023-2031)

9.4 Global Truck Telematics Market Size and CAGR Forecast by Application (2023-2031)

9.5 Global Truck Telematics Market Size and CAGR Forecast by Sales Channel (2023-2031)

Chapter 10 Appendix

10.1 Research Methodology

10.2 Data Sources

10.3 Disclaimer

10.4 Analysts Certification

List of Tables and Figures

Figure Truck Telematics Example

Figure Global Truck Telematics Revenue (Million $) Status and Outlook (2017-2031)

Figure Global Truck Telematics Revenue (Million $) Comparison by Region (2017-2031)

Figure Global Truck Telematics Revenue (Million $) Comparison by Type (2017-2031)

Figure Global Truck Telematics Revenue (Million $) Comparison by Application (2017-2031)

Figure Global Truck Telematics Revenue (Million $) Comparison by Sales Channel (2017-2031)

Table Global Truck Telematics Sales by Player (2020-2022)

Table Global Truck Telematics Sales Market Share by Player (2020-2022)

Figure Global Truck Telematics Sales Market Share by Player in 2022

Table Global Truck Telematics Revenue (Million $) by Player (2020-2022)

Table Global Truck Telematics Revenue Market Share by Player (2020-2022)

Figure Global Truck Telematics Revenue Market Share by Player in 2022

Table Global Truck Telematics Average Price by Player (2020-2022)

Figure Global Truck Telematics Average Price by Player in 2022

Figure Global Truck Telematics Players Competition Situation – Top 5 Players’ Revenue Market Share in 2020

Figure Global Truck Telematics Players Competition Trends – Top 5 Players’ Revenue Market Share in 2022

Figure Example of Hardwired Install Telematics

Figure Global Hardwired Install Telematics Revenue (Million $) and Growth Rate (2017-2022)

Figure Example of Plug-and-Play Telematics

Figure Global Plug-and-Play Telematics Revenue (Million $) and Growth Rate (2017-2022)

Figure Example of Smartphone-based Telematics

Figure Global Smartphone-based Telematics Revenue (Million $) and Growth Rate (2017-2022)

Table Global Truck Telematics Sales by Type (2017-2022)

Table Global Truck Telematics Sales Market Share by Type (2017-2022)

Figure Global Truck Telematics Sales Market Share by Type in 2022

Table Global Truck Telematics Revenue (Million $) by Type (2017-2022)

Table Global Truck Telematics Revenue Market Share by Type (2017-2022)

Figure Global Truck Telematics Revenue Market Share by Type in 2022

Table Global Truck Telematics Average Price by Type (2017-2022)

Figure Global Truck Telematics Average Price by Type in 2022

Table Leading Players of Truck Telematics by Type in 2022

Figure Example of Light Duty Trucks (GVWR: 0-10,000 Pounds)

Figure Global Truck Telematics for Light Duty Trucks (GVWR: 0-10,000 Pounds) Revenue (Million $) and Growth Rate (2017-2022)

Figure Example of Medium Duty Trucks (GVWR: 10,001-26,000 Pounds)

Figure Global Truck Telematics for Medium Duty Trucks (GVWR: 10,001-26,000 Pounds) Revenue (Million $) and Growth Rate (2017-2022)

Figure Example of Heavy Duty Trucks (GVWR: 26,001 Pounds & Above)

Figure Global Truck Telematics for Heavy Duty Trucks (GVWR: 26,001 Pounds & Above) Revenue (Million $) and Growth Rate (2017-2022)

Table Global Truck Telematics Sales by Application (2017-2022)

Table Global Truck Telematics Sales Market Share by Application (2017-2022)

Figure Global Truck Telematics Sales Market Share by Application in 2022

Table Leading Consumers of Truck Telematics by Application in 2022

Figure Example of Direct Channel

Figure Global Truck Telematics for Direct Channel Revenue (Million $) and Growth Rate (2017-2022)

Figure Example of Distribution Channel

Figure Global Truck Telematics for Distribution Channel Revenue (Million $) and Growth Rate (2017-2022)

Table Global Truck Telematics Revenue by Sales Channel (2017-2022)

Table Global Truck Telematics Revenue Market Share by Sales Channel (2017-2022)

Figure Global Truck Telematics Revenue Market Share by Sales Channel in 2022

Table Leading Distributors/Dealers of Truck Telematics by Sales Channel in 2022

Table Global Truck Telematics Market Size and CAGR by Region (2017-2031)

Table Global Truck Telematics Sales by Region (2017-2022)

Table Global Truck Telematics Sales Market Share by Region (2017-2022)

Figure Global Truck Telematics Sales Market Share by Region in 2022

Table Global Truck Telematics Revenue (Million $) by Region (2017-2022)

Table Global Truck Telematics Revenue Market Share by Region (2017-2022)

Figure Global Truck Telematics Revenue Market Share by Region in 2022

Table North America Truck Telematics Sales by Country (2017-2022)

Figure North America Truck Telematics Sales Market Share by Country (2017-2022)

Table North America Truck Telematics Revenue by Country (2017-2022)

Figure North America Truck Telematics Revenue Market Share by Country (2017-2022)

Figure North America Truck Telematics Market Share by Type in 2022

Figure North America Truck Telematics Market Share by Application in 2022

Figure United States Truck Telematics Sales and Growth Rate (2017-2022)

Figure United States Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Figure Canada Truck Telematics Sales and Growth Rate (2017-2022)

Figure Canada Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Table Europe Truck Telematics Sales by Country (2017-2022)

Figure Europe Truck Telematics Sales Market Share by Country (2017-2022)

Table Europe Truck Telematics Revenue by Country (2017-2022)

Figure Europe Truck Telematics Revenue Market Share by Country (2017-2022)

Figure Europe Truck Telematics Market Share by Type in 2022

Figure Europe Truck Telematics Market Share by Application in 2022

Figure Germany Truck Telematics Sales and Growth Rate (2017-2022)

Figure Germany Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Figure UK Truck Telematics Sales and Growth Rate (2017-2022)

Figure UK Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Figure France Truck Telematics Sales and Growth Rate (2017-2022)

Figure France Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Figure Italy Truck Telematics Sales and Growth Rate (2017-2022)

Figure Italy Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Figure Spain Truck Telematics Sales and Growth Rate (2017-2022)

Figure Spain Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Figure Russia Truck Telematics Sales and Growth Rate (2017-2022)

Figure Russia Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Table Asia-Pacific Truck Telematics Sales by Country (2017-2022)

Figure Asia-Pacific Truck Telematics Sales Market Share by Country (2017-2022)

Table Asia-Pacific Truck Telematics Revenue by Country (2017-2022)

Figure Asia-Pacific Truck Telematics Revenue Market Share by Country (2017-2022)

Figure Asia-Pacific Truck Telematics Market Share by Type in 2022

Figure Asia-Pacific Truck Telematics Market Share by Application in 2022

Figure China Truck Telematics Sales and Growth Rate (2017-2022)

Figure China Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Figure Japan Truck Telematics Sales and Growth Rate (2017-2022)

Figure Japan Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Figure Korea Truck Telematics Sales and Growth Rate (2017-2022)

Figure Korea Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Figure India Truck Telematics Sales and Growth Rate (2017-2022)

Figure India Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Figure Southeast Asia Truck Telematics Sales and Growth Rate (2017-2022)

Figure Southeast Asia Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Figure Australia Truck Telematics Sales and Growth Rate (2017-2022)

Figure Australia Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Table South America Truck Telematics Sales by Country (2017-2022)

Figure South America Truck Telematics Sales Market Share by Country (2017-2022)

Table South America Truck Telematics Revenue by Country (2017-2022)

Figure South America Truck Telematics Revenue Market Share by Country (2017-2022)

Figure South America Truck Telematics Market Share by Type in 2022

Figure South America Truck Telematics Market Share by Application in 2022

Figure Brazil Truck Telematics Sales and Growth Rate (2017-2022)

Figure Brazil Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Figure Mexico Truck Telematics Sales and Growth Rate (2017-2022)

Figure Mexico Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Figure Argentina Truck Telematics Sales and Growth Rate (2017-2022)

Figure Argentina Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Figure Colombia Truck Telematics Sales and Growth Rate (2017-2022)

Figure Colombia Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Table Middle East & Africa Truck Telematics Sales by Country (2017-2022)

Figure Middle East & Africa Truck Telematics Sales Market Share by Country (2017-2022)

Table Middle East & Africa Truck Telematics Revenue by Country (2017-2022)

Figure Middle East & Africa Truck Telematics Revenue Market Share by Country (2017-2022)

Figure Middle East & Africa Truck Telematics Market Share by Type in 2022

Figure Middle East & Africa Truck Telematics Market Share by Application in 2022

Figure Turkey Truck Telematics Sales and Growth Rate (2017-2022)

Figure Turkey Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Figure UAE Truck Telematics Sales and Growth Rate (2017-2022)

Figure UAE Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Figure Saudi Arabia Truck Telematics Sales and Growth Rate (2017-2022)

Figure Saudi Arabia Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Figure South Africa Truck Telematics Sales and Growth Rate (2017-2022)

Figure South Africa Truck Telematics Revenue (Million $) and Growth Rate (2017-2022)

Table Company Snapshot of Trimble

Table Truck Telematics Introduction of Trimble

Table Truck Telematics Sales, Price, Revenue, Gross Margin and Market Share of Trimble (2020-2022)

Table Industrial Chain of Truck Telematics

Table Manufacturing Cost Structure of Truck Telematics

Table General Manufacturing Process of Truck Telematics

Table Leading Distributors/Dealers of Truck Telematics

Table Leading Consumers of Truck Telematics

Figure Global Truck Telematics Sales and Growth Rate Forecast (2023-2031)

Figure Global Truck Telematics Revenue and Growth Rate Forecast (2023-2031)

Table Global Truck Telematics Market Size and CAGR Forecast by Region (2023-2031)

Table Global Truck Telematics Market Size and CAGR Forecast by Type (2023-2031)

Table Global Truck Telematics Market Size and CAGR Forecast by Application (2023-2031)

Table Global Truck Telematics Market Size and CAGR Forecast by Sales Channel (2023-2031)

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)