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This Report Answers the Following Questions Market forecasts by region lasting until 2026.Updated profi les of 26 construction equipment OEMs and their telematics offerings.In-depth analysis of market trends and key developments.Comprehensive overview of the construction equipment telematics value chain and key applications.New data on construction equipment sales and market shares.Insights from numerous interviews with market-leading companies.Additional players having installed bases of construction equipment telematics units in the tens of thousands include Liebherr, Terex, JLG Industries, CNH Industrial and Tadano. Deere & Company, Hyundai Heavy Industries and Doosan Bobcat are also estimated to have reached the milestone of 100,000 units. Other major players with several hundred thousand active CE telematics units include SANY in China, Sweden-based Volvo Construction Equipment, JCB headquartered in the UK and Japan-based Hitachi Construction Machinery. Caterpillar's largest markets for its telematics offerings are North America and Europe while Komatsu has the largest share of its telematics units in Japan and China followed by North America and Europe. Caterpillar was the first to surpass the milestone of 1 million connected assets in the construction segment. The publisher ranks Caterpillar and Komatsu as the leading construction equipment OEMs in terms of the number of CE telematics systems deployed worldwide.īased in the US and Japan respectively, the two companies are also by far the leading construction equipment manufacturers in terms of market share. OEM telematics systems are today commonly factory-installed as standard at least for heavier machines and increasingly also for compact equipment. Most major construction equipment OEMs have introduced telematics offerings for their customers either independently or in collaboration with telematics partners. The Rest of World moreover represents more than half of the global installed base of CE telematics systems provided by construction equipment OEMs.
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The North American market is estimated to be somewhat larger than the European. The European market accounted for around 0.8 million active construction equipment OEM telematics systems at the end of 2021. This includes all CE telematics systems marketed by construction equipment OEMs, either developed in-house or provided by the CE manufacturers in partnership with third party telematics players. Growing at a compound annual growth rate (CAGR) of 13.0 percent, the active installed base is forecasted to reach 9.6 million units worldwide in 2026. 02, 2022 (GLOBE NEWSWIRE) - The "The Global Construction Equipment OEM Telematics Market - 5th Edition" report has been added to 's offering.īerg Insight has found that the global installed base of active construction equipment OEM telematics systems reached 5.2 million units in 2021.
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