Search results for: 'HandheldSmart Imaging Device Market'

Advanced driver assistance systems (ADAS) and autonomous vehicles (AVs) use radars as an integral part of the perception sensor suite to gather surrounding information and make logical decisions through artificial intelligence-based sensing and perception algorithms for autonomous driving features. Adaptive cruise control, automatic emergency br...

10 Jul 2017  |  North America  |  Market Research

Growth Opportunities and Implications of the Electronic Logging Device (ELD) Mandate in North America

Total ELD Addressable Market to Surpass 4 Million by 2019

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The aim of this study is to analyze developments in the Electronic Logging Device (ELD) market for Commercial Vehicles in North America (US and Canada) and present an overview of market growth opportunities and implications. Major focus is on trends such as pricing, package, business case, and solution types in addition to the significance of value...

15 Dec 2021  |  North America  |  Market Research

North American Technological Advances in Trailer Growth Opportunities

Innovative Aero Devices, Smart Trailers, and Trailer Electrification Shape the Market by 2030

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The North American trailer market plays a vital role in the transportation sector. Nearly 75% of all Class 8 trucks are tractors. Each tractor requires a trailer to haul goods. More than 250,000 trailers are produced each year against an average of 162,000 tractors over the same period. The average trailer to tractor ratio ranges between 1.4–1.8, w...

06 Mar 2020  |  North America  |  Market Research

Demand Analysis for Handheld Diagnostic Tools in North America, Forecast to 2026

Vehicle Complexity Driving Migration to More Advanced Diagnostics Devices

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Key Issues Addressed

The proliferation of new car features, including advanced driver assistance systems, telematics/infotainment modules, and alternative powertrains, requires automotive repair shops to continually invest in new handheld diagnostic tools that can read the latest vehicle fault codes. Without up-to-date tools, service providers in the automotive afterma...

At present, only 24% of truck fleets in Mexico utilize telematics services; nevertheless, this number is expected to grow in the medium term. Basic solutions are installed in most connected trucks (usually, track and trace solutions), mainly to meet the demands of carriers and insurance companies. However, the need for advanced solutions, such as A...

Geopolitical crises and high inflation prompted most central banks to raise interest rates in 2022, derailing the post-pandemic recovery. Energy costs increased manifold, impacting demand- and supply-side participants equally. Oil prices reached record highs as countries cut dependency on Russian imports, with the price of Brent crude oil reaching ...

21 Feb 2024  |  North America  |  Market Research

Global Growth Opportunities in the Electric Transit Bus and Coach Market, 2030

Europe, North America, and India Will Experience a Resurgence of the Industry

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Emission regulations, battery price drop, the emergence of low emission zones, purchase subsidy, and tax exemptions will drive electric bus growth across the world. The growing adoption of electric transit buses has opened the path for global sourcing and supply of alternate powertrain buses. The industry is fertile ground for strong collaborations...

The commercial trucking market is rapidly transforming with the influx of advanced technologies, data-aided business models, automation, and the need to reduce carbon gas emissions. Though the market experienced a slump during the pandemic in 2020, operators quickly realigned their business models and emerged stronger. During the pandemic, emerging...

Vehicle leasing addresses the challenges companies face in meeting their mobility needs, including funding, fleet maintenance, and handling residual risk. In the current market conditions, companies—both big and small—must focus on their core products and services; therefore, they look to outsource all other support activities, including mobility, ...