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The Global Connected Truck Telematics Outlook, 2023, examines the global dynamics in the light, medium, and heavy commercial vehicle telematics industry. It focuses on ongoing trends, market drivers, and challenges influencing the market and provides regional deep-dive market analyses, critical competitor analyses, revenue forecasts, and market siz...

The connected tire market is in the nascent stage but is all set to grow in the upcoming years, powered by the uptake of TPMS, ADAS regulations, and advancing customer demands. Global tire manufacturers are investing in connected tire technologies to develop tire solutions and applications that cater to the future demands of customers in the evolvi...

26 Aug 2016  |  Global  |  Market Research

Eight Transformational Trends Influencing the Global Trucking Industry’s Growth Trajectory

Green, Safe, Connected, and Smart Technologies Enabling Transition from Product- to Service-Based Business Model

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Technological, demographic, environmental, and geopolitical shifts are altering the commercial truck market globally. Integration of digital technologies primarily for resource management and total cost optimization will result in the evolution of truck technology from basic telematics services to advanced traffic modeling, weather prediction, and ...

Mega trucks are seen as a solution to growing problems faced due to road congestion and emissions by reducing the need for more conventional sized trucks on the road. They also lower cost per ton for fleets along with addressing growing freight demand. However, significant obstacles lay ahead of implementation of mega trucks with serious questions ...

This study aims to research and analyse the new era of digital transformation in the farming industry and to assess the value proposition of these new technologies that address the expectations of farmers in transforming their business practices. Adoption of agricultural technology has become imperative for farmers, as they are facing tighter farm ...

21 Apr 2016  |  North America  |  Market Research

North American Commercial Vehicle Telematics Market, Forecast to 2022

Prospects to be Shaped by ELD Mandate, 30% of Small Fleet Operators to Adopt Fleet Management Solution within Next 4-5 Years

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This study analyzes the North American commercial vehicle telematics market from the base year of 2015 through 2022. Major topics include evolving market trends (regulation/mandates, remote diagnostics, open architecture software platform, multiple vendor partnerships), market sizing, business model (purchasing, leasing, profit-sharing, no-contract...

30 Sep 2016  |  North America  |  Market Research

Nikola Motor Company—A Disruptive Force in North American Trucking Industry

Company’s Electric Heavy Truck Acting as Harbinger of Heavy Duty Electric Truck Product and Service Introductions

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The North American trucking industry is grappling to find ways to address the Total Cost of Ownership (TCO). Fuel, lease, and repair and maintenance costs are the key components to be tackled which contribute to over half of a truck’s TCO. Nikola Motor Company plans to address this issue through an electric truck that offers sustainable solution to...

PACCAR Inc is expected to increase its medium- and heavy-duty truck unit sales at a compound annual growth rate of 4.8% from 2016 to 2025, which will help it maintain its share of the global truck market. While rising unit sales will not be the key driver for sustained profitability, revenue from services such as telematics-based fleet management s...