Search results for: 'TSP'

Imagine driving down a freeway and finding trucks with no drivers travelling at highway speeds. Advancements in autonomous driving technologies will soon make fully autonomous driverless trucks a reality on highways. Autonomous trucking can broadly be categorized into 5 levels (Level 0 – Level 4) based on the following levels of automation - drive...

15 Jun 2021  |  North America  |  Market Research

US Automotive Usage-based Insurance Growth Opportunities

Transformational Growth Enabled by Connected Data Ecosystems Drives New Insurance Models

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For decades, automotive insurers have based underwriting on historical driver data and demographics. Drivers were forced to settle for one-size-fits-all policies that did not take into account their driving habits or miles driven. This began to change with the emergence of real-time tracking of vehicle and driver behavior with vehicle telematics. T...

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...

The market insight discusses the key trends of usage-based insurance (UBI) in Europe and North America. It identifies the key areas that offer scope for essential technology innovation and discusses Big Data, specific to the automotive industry. The insight also covers the current and the future trends of UBI (from an ecosystem point of view). OEMs...

09 Dec 2019  |  North America  |  Market Research

Mexican Connected Truck Market, Forecast to 2025

Telematics Solutions are Vital to Transportation Companies and Private Fleets in Terms of Addressing Pain-points Across Different Types of Industries

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Key Issues Addressed

The Mexican connected truck market is highly fragmented and comprises more than 50 telematics companies and leading OEMs. The transportation start-up ecosystem is small but is beginning to grow. Since 2016, the country has faced declining commercial vehicle (CV) sales; however, a marginal recovery has been recorded this year (2019). This growth tre...

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...

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...

The goals of the study are to analyze the North American medium and heavy duty (Class 4–8) commercial vehicles (CV) aftermarket and to project this market’s future outlook and the opportunities it offers to different participants in the value chain. The study discusses the impact of various factors based on economic, legislative, operational, tech...

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...