MOTOR RACING TELEMATICS MARKET

INTRODUCTION

 The term "motor racing telematics" describes the application of telemetry systems to motorsports, particularly to racing competitions.

Telematics is the process of gathering, transmitting, and analyzing real-time data from moving vehicles to track and enhance performance, increase safety, and offer insightful information to teams, drivers, and race engineers.

On the racing car, data collecting devices and other sensors are mounted as part of telematics systems.

Numerous variables are measured by these sensors, including engine RPM, vehicle speed, acceleration, brake pressure, tire temperature, suspension information, and others.

Through wireless connectivity, such as radio frequency or satellite links, the data gathered by the telematics system is delivered in real-time from the racing car to the team's pit wall or distant data centers.

Modern motorsports have used motor racing telematics to a significant degree, particularly in competitive professional racing categories.

It enables teams to make data-driven decisions, optimize performance, and improve safety, giving them important insights and a competitive advantage.

By offering real-time data and analysis during races, the technology also gives the sport an exciting new dimension for both teams and spectators.

In rare instances, telematics data is used by broadcasters and race organizers to improve audience viewing.

On television broadcasts or live streams, real-time data overlays and visuals can be shown, enabling viewers to see the speed, G-forces, and other information from the racing cars.

Teams assess the car's performance throughout the race using detailed data analysis after the race. 

MOTOR RACING TELEMATICS MARKET SIZE AND FORECAST

The Global motor racing telematics market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

MOTOR RACING TELEMATICS MARKETNEW PRODUCT LAUNCH

AIS-140 compliant car telematics and emergency button solution product has achieved ARAI (Automotive Research Association of India) certification, according to homegrown technology company KPIT, which made the announcement.

Modern motorsports have used motor racing telematics to a significant degree, particularly in competitive professional racing categories.

It enables teams to make data-driven decisions, optimize performance, and improve safety, giving them important insights and a competitive advantage.

By offering real-time data and analysis during races, the technology also gives the sport an exciting new dimension for both teams and spectators.

According to some casKPIT claims, its products, which include passenger information systems, CCTV cameras, and vehicle health monitoring, were created with consideration for Indian operating circumstances.

It will be able to transmit emergency notifications as required by the regulation and easily interact with the government's command center.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS OFMOTOR RACING TELEMATICS MARKET

1. How many motor racing telematics are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global motor racing telematics and key vendor selection criteria
3. Where is the motor racing telematics manufactured? What is the average margin per unit?
4. Market share of Global motor racing telematics market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global motor racing telematics in-house
6. key predictions for next 5 years in Global motor racing telematics market
7. Average B-2-B motor racing telematics market price in all segments
8. Latest trends in motor racing telematics market, by every market segment
9. The market size (both volume and value) of the motor racing telematics market in 2024-2030 and every year in between?
10. Production breakup of motor racing telematics market, by suppliers and their OEM relationship