Asia-Pacific & Japan to Witness Fastest Growth in Global OHV Telematics Market

The demand for OHV telematics varies according to various geographical regions. North America is currently the largest region in the OHV Telematics market. Government regulations, technological advancements, extensive investments for dedicated R&D facilities, and the presence of major off-highway vehicle OEMs and Tier 1 companies are some of the major drivers that are propelling the growth of the market in the region.

By 2030, Asia-Pacific & Japan is estimated to be the largest region in the OHV Telematics market. This is mainly due to the increasing utilization of off-highway equipment in the region while replacing manual labor, to increase the efficiency at various sites, along with the increasing penetration of connectivity in various countries in the region.