ASIA-PACIFIC AUTOMOTIVE TELEMATICS MARKET FORECAST 2023-2032

The Asia-Pacific automotive telematics market growth evaluation entails an assessment of India, Singapore, Japan, Australia & New Zealand, China, South Korea, and Rest of Asia-Pacific. According to the Japan Automobile Manufacturers Association, the production of motor vehicles in Japan reached 7.84 million units in 2021. Additionally, the total number of motor vehicles in use in Japan (excluding motorcycles) stood at 78.45 million units by the end of December 2021. 

Furthermore, as of March 31, 2021, the number of motorcycles in use in Japan amounted to 10.29 million units. This extensive presence of automobiles presents a significant opportunity for market players to implement automotive telematics solutions in the region.

In 2018, the Japanese government unveiled a comprehensive framework outlining the measures required for the practical implementation of automated driving systems. Adopting the revised Road Traffic and Road Vehicles Acts in 2020 made compliance with safety standards mandatory for automated driving systems and devices. 

Additionally, rules were established regarding the responsibilities of drivers operating vehicles equipped with automated driving systems, including the requirement for automated driving event data recorders. These measures are expected to foster further growth in the automotive telematics market within the region.

Moreover, in India, the central government introduced the AIS 140 Motor Vehicles Order on January 1, 2019, which mandates the installation of location tracking devices and emergency panic buttons in all new public transport vehicles (excluding taxis and rickshaws). This initiative aims to enhance passenger safety during travel, and such regulatory requirements are projected to impact the growth of vehicle telematics in the region.

The Asia-Pacific automotive telematics market segmentation assessment entails application, end-user, type, and vehicle. Market by application covers safety & security, navigation & location-based system, fleet/asset management, insurance telematics, infotainment system, and other applications.

Fleet management involves utilizing Global Positioning System (GPS) fleet tracking systems, which prove highly effective in public transportation sectors such as commercial truck fleets, school buses, and metered taxis. These systems play a crucial role in providing transport companies and school administrations with precise information about the location of their vehicles.

Fleet telematics encompasses diverse data collection by leveraging three vital components: GPS, sensors, and engine diagnostics. Using GPS technology, fleet operators gain real-time visibility into their vehicles’ exact location, speed, and movement, including their activity within designated areas defined by geo-fencing. 

Sensors capture additional data on driver behavior, including aggressive acceleration, harsh braking, and erratic cornering, while monitoring various in-vehicle activities such as door openings, tail lift operations, and trailer temperature. Engine diagnostics enable the collection of real-time data on fuel efficiency and vehicle odometer readings, contributing to digital fleet maintenance solutions.

Leading players operating in the Asia-Pacific automotive telematics market include Tom Tom NV, Solera, etc.

Tom Tom NV specializes in developing and selling navigation and location-based products and services, encompassing maps, traffic information, navigation software, and personal navigation devices (PNDs). It operates through two distinct segments: Location Technology and Consumer. Headquartered in Amsterdam, TomTom has a global presence with offices in 24 countries, serving markets in North America, Europe, Asia-Pacific, the Middle East, and Africa.

One of Tom Tom’s notable products is the TomTom Digital Cockpit, an innovative modular in-vehicle infotainment platform that seamlessly integrates automotive features, vehicle interfaces, and applications.