Growing demand for road safety is a key factor that drives the Asia Pacific automotive telematics market. Most Asia Pacific economies are taking steps
towards encouraging the use of telematics in the automotive industry. Greater penetration of advanced gadgets such as tablets, mobile phones, smartphones,
and laptops is another factor that is fueling the demand for automotive telematics in the Asia Pacific market.
Browse the full Global Asia Pacific Automotive Telematics Market Report: http://www.mrrse.com/asia-pacific-automotive-telematics-market
When informatics and telecommunications are brought together to offer services such as navigation, security, and safety of vehicles, it is known as
automotive telematics. The Asia Pacific automotive telematics market is mainly driven by factors such as improved telecom infrastructure, regulatory
reforms, and greater production and sale of vehicles in this region. The prominent companies operating in the Asia Pacific automotive telematics market are
Panasonic, Clarion, and Denso.
What Drives the Demand for Automotive Diagnostic Systems?
Denso Corporation, a Japan-based manufacturer of automotive components, acquired a 72.1% stake in Ease Simulation Inc., a Pennsylvania-based vehicle
telematics and diagnostics company, in 2014. Since vehicles these days come with highly advanced electronic control systems, there arises the need for
certain diagnosis systems that will figure out any technical issues in these vehicles and thereby help in their maintenance.
Denso is engaged in developing scan tools, cloud server-based vehicle diagnostic services, and PC software for advanced vehicle diagnostics. Via this
business tie-up with Ease Simulation Inc., Denso will be able to focus on developing diagnostic technology that will play a vital role in vehicle
computerization, and also at the same time contribute towards creating an eco-friendly and safe automotive system. This joint business venture between Ease
Simulation and Denso Corporation will also lead to market expansion for Denso, already one of the major companies in the field of automotive tech.
Asia Pacific Automotive Telematics Market to Exhibit Robust Growth in Forthcoming Years
The Asia Pacific automotive telematics market uses three main technologies, namely tethered, smartphone, and embedded. The embedded technology is the one
that is used extensively in the Asia Pacific automotive telematics market. The China automotive telematics market is characterized by the supply of
embedded telematics systems from OEMs (original equipment manufacturers). Consumers in China exhibit greater preference for embedded solutions that are
already installed in vehicles.
Browse the full Press Release of
Asia Pacific Automotive Telematics Market
Telematics is gaining a lot of popularity in the global automotive sector. The growth of the mobile communications market also has a positive impact on the
Asia Pacific automotive telematics market. With high incidence of thefts and accidents within the automobile segment, the Asia Pacific automotive
telematics market is projected to expand significantly during the forecast period. Ongoing market trends indicate that the automotive telematics market in
India will create several opportunities for expansion of the Asia Pacific automotive telematics market in the years to come. With the rapidly growing
automobiles sector in the BRIC region, the market for automotive telematics in this region is expected to expand robustly till 2018.