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Video telematics solutions are poised to become the norm amongst enterprise fleets in the initial phase, owing to reduced vehicle claims, efficient driver exoneration, and higher realized return on investment. Medium and heavy-duty commercial vehicles for long-haul vehicle operations are primarily poised to be early adopters of video telematics, gi...

In the post-pandemic era, the soaring trend of connected cars, users' adoption of in-vehicle connected services, and rising awareness of vehicle usage are encouraging the growth of automotive usage-based insurance (UBI) in Europe-5 countries (the United Kingdom, Germany, Italy, France, and Spain). Insurance companies' telematics adoption is revolut...

24 Nov 2020  |  Global  |  Market Research

Post-Pandemic Growth Opportunity Analysis of the Connected Truck Telematics Industry

Telematics to Play a Crucial Role as a Productivity Tool During the Pandemic to Sustain Vehicle and Business Efficiency

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Commercial vehicle manufacturers have been affected by steep reductions in sales in 2020. Medium-duty truck sales have fallen by 19.2%, and heavy-duty trucks have dipped by 31.1% from 2019 levels. Nationwide lockdowns and temporary stoppages in commercial transport operations have left fleets floundering, both financially and operationally. Burdene...

The European trailer telematics market remains largely fragmented, despite its presence exceeding a decade; yet competition amongst individual players is too fierce for any sizable market consolidation to happen. However, an influx of new stakeholders from various points in the supply chain, such as manufacturers of hardware, engines, brakes, tires...

The bike taxi ecosystem across Southeast Asia is undergoing transformational change, shaped by a convergence of regulatory formalization, electrification, digital platform scaling, and evolving driver behavior. This study offers a comprehensive and forward-looking analysis of the bike taxi market across 5 key countries—India, Indonesia, Vietnam, Th...

The Mobility Technology Opportunity Engine (TOE) covers innovations pertaining to Micromobility platforms, Electric Vehicles, and Hydrogen propulsion. Some of the innovations profiled include Diesel Engine With Higher Displacement for Medium-duty Applications, Demand Responsive Mobility Platform Transforms Urban Transit With Intelligence, IoT-Enabl...

The global video telematics market is on a robust growth trajectory, driven by fleets upgrading from traditional fleet management systems to advanced video-enabled solutions. For many providers, video telematics has evolved from just being a peripheral product into a core revenue driver for fleet operators. The tangible benefits of investing in vid...

The Mobility Technology Opportunity Engine (TOE) covers innovations pertaining to propulsion systems, charging systems for electric vehicles, advanced autonomous driving solutions, charging infrastructure, automated vehicle inspection platform, and battery optimization platform, among others.The purpose of the Mobility Technology TOE is to raise aw...

The Mobility Technology Opportunity Engine (TOE) covers innovations pertaining to EV Charging, V2X Platforms, LiDAR, and Autonomous Vehicle Development among others.The purpose of the Mobility Technology TOE is to raise awareness of global technology innovations in self-propelled ground-based mobile platforms that are not only technically significa...