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Upshot of Digitisation, along with an Expanding Array of Value-added Integrations, likely to Push Global Installed Base to Over 33 Million in 2019
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This study aims to analyse the global connected fleet (commercial vehicle, passenger vehicle fleets, buses, and off-highway vehicle/heavy equipment) market for 2019. The objective of this research is to highlight the 2018 performance of the connected fleet ecosystem with respect to acquisitions, new product developments, OEM introductions and new technologies, and also to make imminent predictions for 2019.
To start with, this research offers a brief discussion on the global economic overview (predictions, growth index, fastest-growing economies and GDP growth for 2019). Key developments that are expected to drive the current and future of connected fleet ecosystem are discussed. These include factors such as the impact of notable regulations and mandates; OEMs’ partnership details; Tier-1 suppliers’ continuous run; and also key start-ups to watch out for in 2019 by application and region.
The predominant focus is on market trends. Key trends covered in this study include predictive diagnostics, smart cities, cybersecurity, video-based safety, supply chain orchestration and insurance-based telematics. In addition, this research also analyses regional trends in services, solutions and technologies for specific segments, such as light commercial vehicles, medium commercial vehicles, heavy commercial vehicles, passenger vehicle fleets, bus fleets, and off-highway vehicle fleets. Top connected fleet services and features are highlighted, along with a fleet pricing analysis.
The connected fleet market is further analysed by segment and region. This study covers the role of OEMs in each vehicle segment. Market measurements are analysed for 2018, 2019 and 2025, including a snapshot of the global telematics installed base, telematics penetration by segment and year-on-year growth rates by region. Strategies, growth analysis, competitive landscape and future focus are discussed for after-market vendors (Verizon Connect, Fleet Complete, Omnitracs, TomTom Telematics, Geotab, OnCommand, Microlise, Masternaut, RIO and Trimble Navigation, for example) and OEMs (Volvo Trucks, Daimler Trucks, MAN, DynaFleet, Scania, Paccar, Hino, Isuzu, Tata, Caterpillar, Komatsu, PSA, VW, Ford, Renault and John Deere, for example) pertaining to 2018 and 2025.
The base year for this study is 2018, with a forecast period from 2019 to 2025.
Key Issues Addressed
Author: Gokulnath Raghavan
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