The On Board Units (OBU) market refers to the market for devices that are installed on vehicles to provide communication, navigation, and tracking services. OBUs are typically used in commercial transportation, including trucks, buses, and trains, as well as in fleet management and logistics operations. These devices are equipped with various technologies such as GPS, cellular, and satellite communications, and are used for tracking the location, speed, and other data of vehicles in real-time.
The global On Board Units market is expected to grow at a significant CAGR during the forecast period (2021-2026). Factors driving the market growth include the increasing adoption of connected vehicles, the growing demand for fleet management and logistics solutions, and the need to comply with government regulations on vehicle tracking and safety.
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Segmentation of On Board Units Industry Research
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Key Companies Profiled
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Global On Board Units Market Analysis and Forecast by Region
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