Dublin, Sept. 13, 2021 (GLOBE NEWSWIRE) — The “Global And China Commercial Vehicle Telematics Industry Report, 2021” report has been added to ResearchAndMarkets.com’s offering.
The first-generation commercial vehicle intelligent connected terminals mainly for satellite positioning and monitoring became available on market due to policies.
During decades of development, occupant entertainment capabilities have been added in addition to original functions such as position detection and driving analysis, so as to meet young drivers’ needs for intelligent connected cockpits. In future, “policies and domestic demand” will combine to promote the commercial vehicle telematics industry head in the following directions.
New national standards and new policies will contribute to a nearly RMB4 billion expansion of the market.
As the Chinese Phase VI Emission Standards (China VI) for commercial vehicles and the new version of the national standard Vehicle Traveling Data Recorder came into effect in the second half 2021, it is expected that the market will expand by nearly RMB4…