Odometer calculates the distance covered or travelled by vehicle. Odometer is also known as milometer or mileometer in some parts of the world. In past, odometers were completely mechanical but due to advancement in technology, electronic odometers are developed and widely used. Some odometers are even the combination of both mechanical and electronics. Odometer calculates the distance travelled by vehicles by counting number of wheel rotations times the tire circumference. Nowadays, GPS are also used as odometers and are considered more precise and accurate. A GPS receiver with odometer mode servers as both odometer and speedometer and considered as highly inexpensive and precise device.
The report classifies the odometer market with respect to type of vehicle in which the device is used. These includes bicycles, two wheelers such as motor bikes and sports bikes, three wheelers, and four wheelers such as passenger cars, heavy commercial vehicles, light commercial vehicles, buses, trucks, luxury car etc. The rate of penetration of odometer in the four wheelers is high as compared to other types of vehicles.
The report gives insightful information about the different driving and restraining factors impacting the odometer market. The increasing use of trip meters instead of odometers as trip meters can be reset at any point of journey and hence is the major challenge to the odometer market. The opportunities in terms of application, technological advancements, and geographic reach are also analyzed in the report. The demand and supply side factors, value chain analysis, pricing analysis, and mapping of suppliers and end-users with manufacturers are also covered in the report.
The report also covers the various types of odometers depending on their functions. These include mechanical, electronics, and hybrid. Hybrid odometers are the combination of both mechanical and electronics and are currently used in the market. The rate of penetration of electronic odometers is high compared to other types of odometers. These are considered highly precise and less expensive. The report offers the market share and sizing of all these types of odometers along with their rate of penetration in all geographies.
The geographical market analysis is covered exhaustively in the report with special focus on different regions such as North America, Europe, APAC, Latin America, and Middle-East and Africa. As automobile industry is highly flourished in countries such as the U.S. India, China, Japan, and Germany, the odometer market has high growth potential in these countries. Recently, North America, and Europe accounts for high share in the odometer market with Asia-Pacific having high growth rate.
The report also gives detailed insights on the competitiveness of the market under market entropy section. The major strategies adopted are new product launches, mergers & acquisitions, partnerships, agreements, and collaborations among others. The key market players are analyzed and profiled in detail in the report. This section covers the business financials, company snapshots, key products & services, major developments, future programs (if any), and finally, the individual SWOT analysis.
The leading Key players profiled in the report include:
- OBD Auto Diagnostic Equipment Co.,Ltd
- TENET AUTO ELECTRONICS LIMITED
- Hae Tech Co. Ltd.
- Odometer Gears
1. Odometer Market Overview
2. Executive Summary
3. Odometer Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End-User Profiling
3.2.3. Financial Analysis of Top 5 Players
4. Odometer Market Forces
4.1. Market Drivers
4.2. Market Constraints
4.3. Market Challenges
4.4. Attractiveness of Industry
4.4.1. Power of Supplier
4.4.2. Power of Consumer
4.4.3. Threat of New Entrant
4.4.4. Threat of Substitute
4.4.5. Degree of Competition
5. Odometer Market Strategic Analysis
5.1. Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunity Analysis
5.4. Product Life Cycle Analysis
5.5. Supplier & Distributor Analysis
6. Odometer Market - By Type of vehicles
6.4. Four Wheelers
7. Odometer Market By Type
8. Odometer Market By Geography
8.1. North America
8.1.1. The U.S.
8.4. South America, Middle-East & Africa
9. Odometer Market Entropy
9.1. New Product Launches
9.2. M&A, Collaboration, Partnerships, & JVs
10. Company Profiles (Overview, Financials, Products & Services, Recent Developments, Competitors, and Customers)
10.1. Stewart-Warner Corporation
10.2. OBD Auto Diagnostic Equipment Co.,Ltd
10.3. Ufodiag Electrics Co., Ltd
10.4. TENET AUTO ELECTRONICS LIMITED
10.5. Konarak Industria Pvt Ltd.
10.7. Hae Tech Co. Ltd.
10.8. Fcl (h K) Industrial Co., Limited
10.9. Odometer Gears
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"
11.3. Research Methodology
11.5. Compilation of Expert Insights