Vehicle-Mount Computer Market - Forecast(2024 - 2030)
Vehicle-Mount Computer Market Overview
Vehicle-Mount
Computer Market is analysed to grow at a CAGR of 12.3% during the forecast 2021-2026
to reach $5.82 billion by 2026. Vehicle-mount computers are typically the in-built
system of wide range of vehicles that are designed to offer supreme safety,
performance, diagnostic and entertainment to the users. Vehicle- mount
computers play a leading role in the warehouse management facility. In Logistic
sector, downtime at any point in the supply chain management is a major problem.
Operators need to keep product moving to meet demand. Vehicle-mount computers
are designed to eliminate lag time in data entry and to keep workers connected
throughout the operation, offering high efficient inventory management solution.
Vehicle-mount computers has in-built CAN bus protocol which is a peer-to-peer
(P2P) network in which each individual node can freely read and write data on
the network in manufacturing facilities' premises. This in-premises connecting
feature tends to uplift the vehicle-mount computer market size, especially in
logistic sector. Moreover, increasing safety concerns of commercial vehicles
and rising demand of entertainment systems is anticipated to create huge impact
in the market growth of vehicle-mount computer industry during the forecast
period.
Vehicle-Mount Computer Market Report Coverage
The
report: “Vehicle-Mount Computer Industry
Outlook – Forecast (2021-2026)”, by Industry ARC covers an in-depth
analysis of the following segments of the Vehicle-Mount Computer Market.
By Component: Hardware and Software.
By Vehicle Type: Commercial vehicles (Light
commercial vehicles and Heavy commercial vehicles), Passenger Vehicles, Hybrid
vehicles and others.
By Operating System: Windows, Android and
Others.
By Display Size: 7-inch, 8-inch, 10-inch and others.
By Application: Safety, Performance,
Convenience, Diagnostic, Entertainment and Others.
By Geography: North America(U.S., Canada and
Mexico); Europe(U.K., Germany, Italy, France, Spain, Russia, Rest of Europe);
APAC (China, Japan, South Korea, India, Australia, Rest of APAC); South
America(Brazil, Argentina, Rest of Americas); Row (Middle East & Africa).
Key Takeaways
- Increasing
production of commercial vehicles and safety concerns across the globe is analysed
to significantly drive the Vehicle-Mount Computer Market during the forecast
period 2021-2026.
- Commercial
Vehicles is analysed to hold highest share of 45.31% in 2020 owing to its
huge production across various parts of the world and increasing demand of
entertainment systems in-built in these vehicle segment. This tends to uplift
its market growth across the globe during the forecast period.
- Safety
application is expected to hold the highest market share 26.14% in the
forecast period owing to a rise in government regulations for safety
concerns across various parts of the world.
- Asia-Pacific
is analysed to hold the highest share in 2020 owing to the largest production
of vehicles and sales in this region. The presence of high population
density further boosts the demand of vehicles which is major growing
factor of Vehicle-Mount Computer Market.
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Vehicle-Mount Computer Market Segment Analysis - By Vehicle Type
By
Vehicle Type, the Vehicle-Mount Computer Market Report is segmented into Commercial
vehicles, Passenger Vehicles, Hybrid vehicles and others. Commercial vehicles are analysed to hold highest share 36.17% in 2020 owing
to its huge production across the globe. For instance, according to International
Organization of Motor Vehicle Manufacturers (OICA), the total production of
vehicles across the globe in the first quarter of 2021 was recorded to grow by
16.9% as compared to 2020. This huge variation in the production of vehicles
further boosts the demand of vehicle-mount computers during the forecast
period. Moreover, increasing demand for sustainable transportation across
commercial vehicles has impacted the vehicle-mount computer market growth in
positive direction. In addition, governments have also raised the standard of
emission control tests due to increasing pollution levels. In addition, the availability of faster communication networks has helped fleet operators
introduce connected commercial vehicles for optimized fleet management. The
introduction of new-age connectivity services is expected to be a boon for
commercial vehicles which will further drive the vehicle-mount computer market
growth during the forecast period.
Vehicle-Mount Computer Market Segment Analysis–By Application
By Application, the
Vehicle-Mount Computer Market Report is segmented into Safety, Performance,
Convenience, Diagnostic, Entertainment and Others. Safety segment is analysed
to hold the highest share of 28.67% during the forecast period 2021-2026 owing to the rise in
government regulations and increasing safety concerns across various parts of
the world. Governments of several countries have mandated safety features in
upcoming vehicles to minimize incidents of overspeeding and fatal accidents.
For instance, India has proposed a regulation to incorporate advanced safety
features, including electronic stability control (ESC) and autonomous emergency
braking (AEB), in new vehicles between 2022 and 2023. With the advancement in
technologies, these safety standards are controlled with the help of vehicle-mount
computers. These safety features is analysed to bring significant growth in the
demand of vehicle-mount computers, further driving its market growth.
Vehicle-Mount Computer Market Segment Analysis – By Geography
Asia-Pacific is analysed to be the major region with a share of 35% in 2020 for the Vehicle-Mount Computer Market owing to the largest production and sales of vehicles in this region. According to International Organization of Motor Vehicle Manufacturers (OICA), Asia-Pacific region holds the first position in total vehicle production across the globe. For instance, Asia-Pacific accounts for 56% of global production of vehicles in the first quarter of 2021. Moreover, it is analysed that the demand of vehicle will grow during the forecast period. This increasing production of commercial vehicle will bring significant growth in the demand of vehicle-mount computers for various safeties, performance and entertainment applications further driving its market growth during the forecast period. Moreover, increasing safety regulation by government of countries such as China, India is expected to further drive the installation of computers for vehicle diagnostic application which is analysed to create a huge impact in the market growth. With the ongoing infrastructure developments and urbanization of highly populated countries such as China, India, Japan and Others, the automobile sector has been gaining popularity in the last few years. This tends to further drive the market growth of vehicle-mount computer in this region.
Vehicle-Mount Computer Market Drivers
Increasing sales and production of vehicles is driving the demand of vehicle-mount computer
Increasing
production and sales of different passenger vehicles and commercial vehicles across
the globe has brought a significant growth in the Vehicle-Mount Computer Market.
Nowadays, vehicle-mount computers are one of the most prior accessories for a wide range of commercial vehicles as it offers various safety, performance and
entertainment applications. Automotive manufacturers across the various parts
of the globe have been installing in-built computer systems of different display
sizes which run through different operating system, typically, Windows and
Android according to the user demand and application. This tends to bring huge
impact in the market growth of vehicle-mount computer during the forecast
period. According to International Organization of Motor Vehicle Manufacturers
(OICA), the total production of vehicles
across the globe in the first quarter of 2021 was recorded to grow by 16.9% as
compared to 2020. Among this, commercial vehicles hold the major segment by
accounting of 14,679,441 unit’s production in the first quarter of 2021 with a
growth of 15.9% as compared to 2020. This huge production growth is analysed to
grow during the forecast period which tends to uplift the demand of
vehicle-mount computer further driving its growth in the global market.
Rising safety concerns and government regulations is propelling the Vehicle-Mount Computer Market growth
Rising
safety concerns of the passengers is driving the Vehicle-Mount Computer Market
growth. The consistent rise in vehicle production has brought huge traffic in
various parts of the world. In regions with high population densities, the
traffic is bound to remain high. Huge traffic growth further increases the risk
of accidents. This creates a huge impact in rising safety standards of automobiles
which boosts the adoption of high-efficient vehicle-mount computers for safety
and vehicle diagnostic applications. For instance, India has proposed a
regulation to incorporate advanced safety features, including electronic
stability control (ESC) and autonomous emergency braking (AEB), in new vehicles
between 2022 and 2023. This regulation will propel the demand of vehicle-mount
computers to enhance vehicle performance and safety standards. Moreover, increasing
connectivity services and advanced safety features would be major drivers for
the Vehicle-mount computer market.
Vehicle-Mount Computer Market Challenges
High installation cost and availability of substitutes is analysed to hamper the Vehicle-Mount Computer Market growth
One of the most important factors restraining the
market growth of Vehicle-mount computer in the global market is its high
installation cost. With the advancement in technologies, vehicle-mount
computers are not only used for entertainment application, but are now being
incorporated in vehicles to enhance passenger safety and vehicle performance.
This increasing installation of features further uplift the overall cost of the
vehicle-mount computers which tend to restrain its market growth across various
parts of the world. Moreover, the availability of substitutes of in-built computers such as tablets, Panel PC and
other systems is analysed to bring major challenges for the adoption of
vehicle-mount computers which tend to hinder its market growth in the global
market.
Vehicle-Mount Computer Industry Outlook
Production
Innovation, Acquisitions, Collaboration, and R&D activities are key
strategies adopted by players in the Vehicle-Mount Computer Market. In 2020,
the market of Vehicle-mount computer industry outlook has been fragmented by several companies. Global Vehicle-mount computer top 10
companies include
- Zebra Technology Corporation
- Honeywell International
- Advantech Co., Ltd.
- Schmidt & Co., Limited
- Intermec, Inc.
- Salon Corporation
- JLT Mobile Computers AB
- NEXCOM International Co., Ltd.
- Insignia Pty Ltd.
- IBASE Technology Inc.
Acquisitions/Technology Launches/Partnerships
- In June 2020, Zebra Technologies introduced five rugged vehicle computers to increase front-line worker productivity. These vehicle-mount computers were based on the Android 10 OS which was designed to provide enterprise mobility solutions and to address fast-changing business demands with greater productivity.
- In January 2020, Advantech Co., Ltd., a leading provider of industrial computing platforms launched their new DLT series of rugged vehicle-mounted computers which have been certified for SOTI MobiControl on both the Microsoft Windows and Android operating systems.
Relevant Report Titles:
Connected Cars Market – Forecast (2021 - 2026)
Report Code: ATR
0017
Industrial PC Market – Forecast (2021 - 2026)
Report Code: ESR 0154
For more Automotive Market reports, please click here
LIST OF TABLES
1.Global Major Manufacturers Introduction Market 2023-2030 ($M)1.1 Manufacturers List Market 2023-2030 ($M) - Global Industry Research
1.1.1 Future Strategic Planning Market 2023-2030 ($M)
2.Global Major Manufacturers Introduction Market 2023-2030 (Volume/Units)
2.1 Manufacturers List Market 2023-2030 (Volume/Units) - Global Industry Research
2.1.1 Future Strategic Planning Market 2023-2030 (Volume/Units)
3.North America Major Manufacturers Introduction Market 2023-2030 ($M)
3.1 Manufacturers List Market 2023-2030 ($M) - Regional Industry Research
3.1.1 Future Strategic Planning Market 2023-2030 ($M)
4.South America Major Manufacturers Introduction Market 2023-2030 ($M)
4.1 Manufacturers List Market 2023-2030 ($M) - Regional Industry Research
4.1.1 Future Strategic Planning Market 2023-2030 ($M)
5.Europe Major Manufacturers Introduction Market 2023-2030 ($M)
5.1 Manufacturers List Market 2023-2030 ($M) - Regional Industry Research
5.1.1 Future Strategic Planning Market 2023-2030 ($M)
6.APAC Major Manufacturers Introduction Market 2023-2030 ($M)
6.1 Manufacturers List Market 2023-2030 ($M) - Regional Industry Research
6.1.1 Future Strategic Planning Market 2023-2030 ($M)
7.MENA Major Manufacturers Introduction Market 2023-2030 ($M)
7.1 Manufacturers List Market 2023-2030 ($M) - Regional Industry Research
7.1.1 Future Strategic Planning Market 2023-2030 ($M)
LIST OF FIGURES
1.US Vehicle-Mount Computer Market Revenue, 2023-2030 ($M)2.Canada Vehicle-Mount Computer Market Revenue, 2023-2030 ($M)
3.Mexico Vehicle-Mount Computer Market Revenue, 2023-2030 ($M)
4.Brazil Vehicle-Mount Computer Market Revenue, 2023-2030 ($M)
5.Argentina Vehicle-Mount Computer Market Revenue, 2023-2030 ($M)
6.Peru Vehicle-Mount Computer Market Revenue, 2023-2030 ($M)
7.Colombia Vehicle-Mount Computer Market Revenue, 2023-2030 ($M)
8.Chile Vehicle-Mount Computer Market Revenue, 2023-2030 ($M)
9.Rest of South America Vehicle-Mount Computer Market Revenue, 2023-2030 ($M)
10.UK Vehicle-Mount Computer Market Revenue, 2023-2030 ($M)
11.Germany Vehicle-Mount Computer Market Revenue, 2023-2030 ($M)
12.France Vehicle-Mount Computer Market Revenue, 2023-2030 ($M)
13.Italy Vehicle-Mount Computer Market Revenue, 2023-2030 ($M)
14.Spain Vehicle-Mount Computer Market Revenue, 2023-2030 ($M)
15.Rest of Europe Vehicle-Mount Computer Market Revenue, 2023-2030 ($M)
16.China Vehicle-Mount Computer Market Revenue, 2023-2030 ($M)
17.India Vehicle-Mount Computer Market Revenue, 2023-2030 ($M)
18.Japan Vehicle-Mount Computer Market Revenue, 2023-2030 ($M)
19.South Korea Vehicle-Mount Computer Market Revenue, 2023-2030 ($M)
20.South Africa Vehicle-Mount Computer Market Revenue, 2023-2030 ($M)
21.North America Vehicle-Mount Computer By Application
22.South America Vehicle-Mount Computer By Application
23.Europe Vehicle-Mount Computer By Application
24.APAC Vehicle-Mount Computer By Application
25.MENA Vehicle-Mount Computer By Application