Summary

The global construction machinery telematics market is valued at approximately USD 2.39 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 15.58% over the forecast period 2024-2032. Construction telematics, which leverages telecommunication and information technologies, is revolutionizing the construction industry by enhancing site efficiency, productivity, and safety. This technology allows real-time monitoring of machinery through GPS tracking, mileage reports, and fuel consumption analytics. The surge in global construction activities, coupled with investments in smart residential and commercial buildings, is propelling the market. However, the high cost associated with telematics solutions may impede growth. Conversely, integrating advanced technologies and increasing adoption across various construction machinery types promise significant market expansion.
The rising usage of construction machinery telematics encompasses various machinery types, each offering specific benefits. Backhoes benefit from performance and usage monitoring, including fuel consumption and maintenance schedules. Cranes gain from real-time location and usage information, critical for tracking load weight and wind speed. Excavators, essential for earth-moving tasks, utilize telematics for soil condition tracking and engine performance monitoring. Loaders and telescopic handlers employ telematics to optimize operations, track load weights, and manage maintenance needs. The advancement of these machinery types with telematics ensures efficient construction operations, minimizing downtime and enhancing productivity.
Asset tracking solutions are gaining traction in the construction industry, providing real-time data on machinery location and performance. Diagnostics and maintenance tools are pivotal in identifying potential issues early, optimizing maintenance schedules, and reducing repair costs. Fleet management solutions enhance operational efficiency by monitoring machine data and improving resource allocation. Safety and compliance solutions ensure adherence to industry regulations, providing real-time alerts for potential hazards and managing operator behavior. These solutions collectively contribute to maintaining a safe and efficient construction environment.
The hardware components in construction machinery telematics include telematics control units, GPS receivers, engine interfaces, and other sensors that facilitate vehicle monitoring and management. Software solutions analyze data on fuel usage, driver behavior, asset location, and maintenance schedules, offering real-time cost analysis and predictive maintenance capabilities. The integration of these components ensures comprehensive monitoring and efficient management of construction machinery.
OEMs are increasingly integrating telematics solutions into new construction fleets, providing benefits such as vehicle tracking, equipment management, and improved maintenance. The aftermarket segment involves retrofitting existing construction equipment with telematics solutions to enhance efficiency and safety. The growing demand for both OEM and aftermarket solutions highlights the expanding adoption of telematics in the construction industry.
The construction machinery telematics market is rapidly developing across various regions. Europe, the Middle East, Africa, and the Americas are witnessing significant growth due to high construction expenditures and government initiatives supporting digitalization. The Digital Europe Programme, Horizon Europe, and InvestEU are notable government investments promoting telematics in Europe. In Asia, massive construction projects like India's Bharatmala highway project, the Smart City project, Japan's Summer Olympics, and China's One Belt One Road initiative drive market growth. The Americas are expected to see increased demand due to ongoing research and development in digital technologies for construction.
Major market players included in this report are:
1. ABAX Group AS
2. Bosch Rexroth AG
3. Caterpillar Inc.
4. Cellutrak Canada Inc.
5. Deere & Company
6. EquipmentShare.com Inc.
7. Fleet Intelligence by Foresight Intelligence, Inc.
8. Geotab Inc.
9. Hexagon AB
10. Hitachi Construction Machinery Co., Ltd.
11. Hyundai Construction Equipment Co., Ltd.
12. Infineon Technologies AG
13. Inseego Corp.
14. J C Bamford Excavators Ltd.
15. JLG Industries Inc.
The detailed segments and sub-segment of the market are explained below:
By Machinery Type:
• Backhoes
• Cranes
• Excavators
• Loaders
• Telescopic Handling
By Solution:
• Asset Tracking
• Diagnostics & Maintenance
• Fleet Management
• Safety & Compliance
By Component:
• Hardware
• Software
By Sales Channel:
• Aftermarket
• OEM
By Region: North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Spain
• Italy
• ROE
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• RoAPAC
Latin America
• Brazil
• Mexico
Middle East & Africa
• Saudi Arabia
• South Africa
• RoMEA
Years considered for the study are as follows:
• Historical year – 2022
• Base year – 2023
• Forecast period – 2024 to 2032
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.

ページTOPに戻る

Table of Contents

Chapter 1. Global Construction Machinery Telematics Market Executive Summary
1.1. Global Construction Machinery Telematics Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Machinery Type
1.3.2. By Solution
1.3.3. By Component
1.3.4. By Sales Channel
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Construction Machinery Telematics Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Construction Machinery Telematics Market Dynamics
3.1. Market Drivers
3.1.1. Increasing Construction Activities
3.1.2. Investments in Smart Buildings
3.2. Market Challenges
3.2.1. High Cost of Telematics Solutions
3.2.2. Regulatory Frameworks
3.3. Market Opportunities
3.3.1. Integration of Advanced Technologies
3.3.2. Expansion in Emerging Markets

Chapter 4. Global Construction Machinery Telematics Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Construction Machinery Telematics Market Size & Forecasts by Machinery Type 2022-2032
5.1. Segment Dashboard
5.2. Global Construction Machinery Telematics Market: Machinery Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
5.2.1. Backhoes
5.2.2. Cranes
5.2.3. Excavators
5.2.4. Loaders
5.2.5. Telescopic Handling

Chapter 6. Global Construction Machinery Telematics Market Size & Forecasts by Solution 2022-2032
6.1. Segment Dashboard
6.2. Global Construction Machinery Telematics Market: Solution Revenue Trend Analysis, 2022 & 2032 (USD Billion)
6.2.1. Asset Tracking
6.2.2. Diagnostics & Maintenance
6.2.3. Fleet Management
6.2.4. Safety & Compliance

Chapter 7. Global Construction Machinery Telematics Market Size & Forecasts by Component 2022-2032
7.1. Segment Dashboard
7.2. Global Construction Machinery Telematics Market: Component Revenue Trend Analysis, 2022 & 2032 (USD Billion)
7.2.1. Hardware
7.2.2. Software

Chapter 8. Global Construction Machinery Telematics Market Size & Forecasts by Sales Channel 2022-2032
8.1. Segment Dashboard
8.2. Global Construction Machinery Telematics Market: Sales Channel Revenue Trend Analysis, 2022 & 2032 (USD Billion)
8.2.1. Aftermarket
8.2.2. OEM

Chapter 9. Global Construction Machinery Telematics Market Size & Forecasts by Region 2022-2032
9.1. North America Construction Machinery Telematics Market
9.1.1. U.S. Construction Machinery Telematics Market
9.1.1.1. Machinery Type breakdown size & forecasts, 2022-2032
9.1.1.2. Solution breakdown size & forecasts, 2022-2032
9.1.1.3. Component breakdown size & forecasts, 2022-2032
9.1.1.4. Sales Channel breakdown size & forecasts, 2022-2032
9.1.2. Canada Construction Machinery Telematics Market
9.2. Europe Construction Machinery Telematics Market
9.2.1. UK Construction Machinery Telematics Market
9.2.2. Germany Construction Machinery Telematics Market
9.2.3. France Construction Machinery Telematics Market
9.2.4. Spain Construction Machinery Telematics Market
9.2.5. Italy Construction Machinery Telematics Market
9.2.6. Rest of Europe Construction Machinery Telematics Market
9.3. Asia-Pacific Construction Machinery Telematics Market
9.3.1. China Construction Machinery Telematics Market
9.3.2. India Construction Machinery Telematics Market
9.3.3. Japan Construction Machinery Telematics Market
9.3.4. Australia Construction Machinery Telematics Market
9.3.5. South Korea Construction Machinery Telematics Market
9.3.6. Rest of Asia Pacific Construction Machinery Telematics Market
9.4. Latin America Construction Machinery Telematics Market
9.4.1. Brazil Construction Machinery Telematics Market
9.4.2. Mexico Construction Machinery Telematics Market
9.4.3. Rest of Latin America Construction Machinery Telematics Market
9.5. Middle East & Africa Construction Machinery Telematics Market
9.5.1. Saudi Arabia Construction Machinery Telematics Market
9.5.2. South Africa Construction Machinery Telematics Market
9.5.3. Rest of Middle East & Africa Construction Machinery Telematics Market

Chapter 10. Competitive Intelligence
10.1. Key Company SWOT Analysis
10.1.1. ABAX Group AS
10.1.2. Bosch Rexroth AG
10.1.3. Caterpillar Inc.
10.2. Top Market Strategies
10.3. Company Profiles
10.3.1. ABAX Group AS
10.3.1.1. Key Information
10.3.1.2. Overview
10.3.1.3. Financial (Subject to Data Availability)
10.3.1.4. Product Summary
10.3.1.5. Market Strategies
10.3.2. Bosch Rexroth AG
10.3.3. Caterpillar Inc.
10.3.4. Cellutrak Canada Inc.
10.3.5. Deere & Company
10.3.6. EquipmentShare.com Inc.
10.3.7. Fleet Intelligence by Foresight Intelligence, Inc.
10.3.8. Geotab Inc.
10.3.9. Hexagon AB
10.3.10. Hitachi Construction Machinery Co., Ltd.
10.3.11. Hyundai Construction Equipment Co., Ltd.
10.3.12. Infineon Technologies AG
10.3.13. Inseego Corp.
10.3.14. J C Bamford Excavators Ltd.
10.3.15. JLG Industries Inc.

Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes