Construction Machinery Telematics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Construction Machinery Telematics Market is Segmented by Machinery Type (Crane, Excavator, Telescopic Handling, Loaders and Backhoes, and Other Machinery Types), Sales Channel Type (OEM and Aftermarket), Telematic Feature (Tracking, Diagnostic, and Other Telematic Features), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report Offers Market Size and Forecast of the Construction Machinery Telematics Market in Value (USD) for all the Above-Mentioned Segments.

Construction Machinery Telematics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Construction Machinery Telematics Industry Overview

Several key players dominate the market, including Caterpillar, Komatsu Ltd., Hitachi Construction Equipment Co. Ltd., Hyundai Construction Equipment Ltd, Volvo Construction Equipment, and others. To meet the growing demands of construction fleet operators, many construction machinery manufacturers are placing a strong emphasis on integrating cutting-edge telematics solutions into their product offerings. For instance:

In June 2023, Southern Cranes, based in Sussex, announced a partnership with Webfleetpartner AES fleet. They have initiated the deployment of an integrated camera telematics solution across their extensive fleet, which consists of 91 cranes, vans, and heavy haulage transport vehicles.

In May 2023, Terex Rough Terrain Cranes introduced the TRT 65, an off-road crane equipped with the TerexT-Telematics solution, providing real-time performance data for the crane.

Construction Machinery Telematics Market Leaders

  1. Caterpillar Inc.

  2. Komatsu Ltd

  3. Hitachi Construction Machinery Co. Ltd

  4. Volvo Construction Equipment

  5. CNH Industrial NV

  6. *Disclaimer: Major Players sorted in no particular order
Construction Machinery Telematics Market Concentration