According to a new market research report launched by Inkwood Research, the Global commercial vehicle telematics market was valued at nearly $ 30 billion in 2016 and is anticipated to reach around $ 125 billion by 2026, growing at an estimated CAGR of 17.51% during the forecast period of 2017-2026.
Read MoreTrends, opportunities and forecast in this market to 2021 by vehicle type (passenger car [small car, compact car, mid-size car, large car]), by light commercial vehicle type (pickup trucks, SUV, MPV, vans), by vehicle end user type (OEMs, aftermarket), by tire type (bias, radial), by region (North America, Europe, Asia Pacific, Rest of the World)
Read MoreThe report "Automotive Industry in the US" that the employment will likely rise by around 10.8 %, with complex average expansion rate of 2.1%. The production in the U.S. is estimated to continue growing, expanding at compound increase rate of 2.4 %; this result is projected raise of 12.6 % within production in 2013-2018.