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(Transportation-News.com, February 15, 2018 ) The telematics system is a device that deals with communication (sending, receiving, and storing information) regarding the vehicle and other parameters. The telematics system receives information through different sensors, such as air bags, vehicle speed, advanced driver assistance system, braking system, and transmission control system.
Publisher's analysts forecast the commercial vehicle telematics market in Europe to grow at a CAGR of 13.85% during the period 2018-2022.
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Covered in this report
The report covers the present scenario and the growth prospects of the commercial vehicle telematics market in Europe for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
-UK
-Germany
-France
-Rest of Europe
Publisher's report, Commercial Vehicle Telematics Market in Europe 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
-TomTom International
-Continental
-Trimble
-Bosch
-Verizon Telematics
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Market driver
-Growing need for fleet management solutions
-For a full, detailed list, view our report
Market challenge
-Low return on investment for small fleet owners
-For a full, detailed list, view our report
Market trend
-Truck platooning using telematics services
-For a full, detailed list, view our report
For more information about this report: http://www.reportsweb.com/commercial-vehicle-telematics-market-in-europe-2018-2022 .
ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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