Search results for: 'TSP'

Calibration and repair services for instrumentation are witnessing greater demand due to increasing safety and quality requirements. With the proliferation of high-tech products and pervasive connectivity, this market grew steadily over the past few years to reach $1.31 billion in 2015. By 2022, revenues are expected to reach $1.85 billion at a CAG...

20 Mar 2020  |  South Asia, Middle East & North Africa  |  Market Research

Indian Connected Trucks Telematics Market, Forecast to 2022

Dormant CV Telematics Market to Become Active, With Government Regulations Causing a Growth Spurt

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The Indian connected trucks telematics market enjoys a diverse culture, with varying degrees of development in various regions of the country. It holds a unique set of market challenges nationwide. The market in India, for most parts, has historically remained dormant. However, recent developments in the political, social, and economical fronts hav...

In the dynamic landscape of commercial electric vehicles (EVs), partnerships play a crucial role in driving widespread adoption. The epitome of such partnerships is effective EV fleet management solutions that seamlessly combine technologies to revolutionize the entire EV life cycle. Success hinges on these solutions’ ability to transform smart cha...

30 May 2024  |  Global  |  Market Research

Growth Opportunities in the South African Connected Truck Telematics Industry

Despite Multiple Local Challenges and Geopolitical Uncertainties, South Africa Presents Significant Growth Opportunities in the Light Commercial Vehicle Segment

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South Africa's commercial vehicle telematics industry exhibits significant growth potential, particularly in the basic track-and-trace segment. With the integration of affordable enhancements, opportunities to expand into mid-tier and advanced solutions will open up. In addition to the ongoing energy and utilities challenges, governmental regulator...

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...

22 Jun 2023  |  Europe  |  Market Research

Growth Opportunities in the European Digital Tachograph Market, 2023

New Reforms and Telematics Integration Capabilities Offer Renewed Opportunities in the Saturated Market

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Tachographs have long been a tool to ensure and protect commercial vehicle drivers' rights and working conditions, increase road safety, and comply with local road transport laws and regulations in European countries. The digital tachograph market, the European equivalent of the North American electronic logging device market, has achieved record p...

The connected truck telematics industry in Mexico has been growing, primarily driven by the need to protect vehicles and cargo, reduce the total cost of ownership (TCO) for fleets, and comply with legislation. In 2024, for example, 1.51 million trucks were connected in the country, with fleet management and/or video solutions. This figure indicates...

The aim of this study is to analyze trailer telematics solutions in North America and present an overview of market growth opportunities and implications. Over the last decade, the logistics industry has undergone transformational changes by adopting effective management and utilization of fleets, manpower, warehouses, and assets. Though the indust...

07 Feb 2018  |  Global  |  Market Research

Growth Opportunities in the Calibration and Repair Services Market, Forecast to 2022

Market Consolidation and Technological Expertise to Accelerate Growth in a Transforming Market

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The calibration and repair services market in North America and Europe is anticipated to reach $3.98 billion by 2022, driven by the increase in quality awareness, greater adoption of metrology in the manufacturing process, and tightening of regulations by calibration regulatory authorities across the world. This market is expected to grow rapidly w...