Automotive and Transportation

Construction Machinery Telematics Market

Global Industry Analysis and Forecast 2024-2031

Pages : 120

Base Year : 2023

Release Year : May 2024

Format : Pdf Ppt Xls

Report ID: KR555

Author : Saket A.

Base Year

2023

Forecast Year

2024-2031

Historical Years

2019-2022

Market Value (2023)

USD 1,393.5 Million

Forecasted Value (2031)

USD 3,129.8 Million

CAGR (2024 - 2031)

10.83%

Fastest Growing Region (2024 - 2031

North America

Largest Region

North America

By Machinery Type

Crane, Excavator, Telescopic Handling, Loaders and Backhoes, Others

By Type

Tracking, Diagnostics, Fleet Management, Others

By Sales Channel

OEM, Aftermarket


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  • Check Icon Additional Company Profiles
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  • Check Icon Cross Segment Analysis
  • Check Icon Regional Market Dynamics
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  • Check Icon Historical Data Up to 5 Years
Frequently Asked Questions (FAQ's)
The global construction machinery telematics market is projected to reach USD 3,129.8 Million by 2031, growing at a CAGR of 10.83% from 2024 to 2031.
The global construction machinery telematics market was valued at USD 1.393.5 Million in 2023.
The major driving factor for the market growth is the increasing investments in infrastructure modernization globally.
Top manufacturers of construction machinery telematics market are Caterpillar, Komatsu, AB Volvo, Deere & Company, J C Bamford Excavators Ltd., Trimble, Geotab Inc., Hexagon AB, Bosch Rexroth GmbH, Liebherr-International Deutschland GmbH, and others.
North America is the fastest growing region with the CAGR of 12.81% in the forecasted period (2024-2031) with the market value forecasted to reach at USD 1,011.8 Million in 2031.
By machinery type, crane will hold the maximum share in the construction machinery telematics market with the revenue value of USD 835.5 Million in 2031.
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