Mexican Connected Truck Market, Forecast to 2025

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

RELEASE DATE
09-Dec-2019
REGION
North America
Research Code: K3F8-01-00-00-00
SKU: TP00192-NA-MR_23863

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Description

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 trend is anticipated to continue, supported by emission norms, economic recovery, and fleet renewal. Telematics penetration is also expected to rise, driven by rising awareness and the installation of fleet management systems across a large number of vehicles.

For more than a decade, the Mexican fleet telematics ecosystem has been driven by aftermarket providers whose main focus is track and trace solutions. Today, other solutions are also in demand, including vehicle / driver management systems. The key pain-points in the country are fuel consumption, safety and security, total cost of ownership, and sustainability.

Independent telematics service providers (TSPs) constitute more than 98% of the market, while OEM solution providers account for the remaining 2-3%. CV fleets in Mexico serve different industries such as food and beverage, automotive, healthcare, retail, oil and gas, and chemicals. These industries face specific challenges that can be addressed by telematics solutions; examples include temperature monitoring, real-time client delivery management, cargo security, and monitoring of driver behavior.

This study provides a comprehensive outlook of the Mexican connected truck market with meaningful insight on TSPs, OEMs, tier 1 suppliers, start-ups, and other companies looking to explore this unique and competitive space.

Key Issues Addressed

  • What is the current status of the Mexican connected truck market? What do the short-, medium-, and long-term scenarios look like?
  • Which trends will impact the commercial trucking transportation segment?
  • What are the key telematics solutions?
  • Who are the major market participants? What is the level of involvement of OEMs in telematics? Which business models and strategies can be used to benefit stakeholders?
  • What opportunities are available for connected truck vendors (AM and OEMs) in 2019?

RESEARCH: INFOGRAPHIC

This infographic presents a brief overview of the research, and highlights the key topics discussed in it.
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Table of Contents

Key Findings

Unit Shipment Forecast

Overview of Connected Truck Market

Connected Truck Market—A Snapshot

OEM Solutions’ Overview

AM TSPs’ Overview

Top Trends Driving the Connected Truck Market

Key Findings and Future Outlook

Research Scope

Research Aim and Objectives

Key Questions this Study will Answer

Research Methodology

CV—Definitions and Segments

Connected Truck Market—Types of Telematics Solutions

Top Trends Driving the Connected Truck Market

Trend 1—Emission-related Regulations

Trend 2—Vehicle Parc Renovation

Trend 3—Growth Trend in Overall Heavy Vehicle Production

Trend 4—Tractotruck Export

Trend 5—Growth in Tractotruck Sales

Trend 6—Future Vehicle Technologies

Trend 7—Digital Transformation and Entry of Telematics Services into the Market

Trend 8—T-MEC Agreement

Connected Truck Market Overview

Connected Truck Market Overview (continued)

Types of Business Models

Connected Truck Market Overview—Market Share

OEM Solutions’ Overview

OEM Solutions’ Overview (continued)

Volvo Telematics Solutions—Overview of Solution Offering

OnCommand Connect—Overview of Solution Offering

Enlace Freightliner—Overview of Solution Offering

TruckTech+—Overview of Solution Offering

RIO—Overview of Solution Offering (Expected)

AM TSPs

AM TSPs’ Overview

AM Solutions—Deep-dive into the Mexican FMS Market

Start-ups in Mexico by Category

Start-ups’ Overview

Opportunity by Package Type

Opportunity by Industry Type

Opportunity by Participant

Growth Opportunity—Connected Truck Market

Strategic Imperatives for Success and Growth

Key Conclusions and Future Outlook

The Last Word—3 Big Predictions

Legal Disclaimer

Partial List of Acronyms and Abbreviations Used

List of Exhibits

Related Research
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 trend is anticipated to continue, supported by emission norms, economic recovery, and fleet renewal. Telematics penetration is also expected to rise, driven by rising awareness and the installation of fleet management systems across a large number of vehicles. For more than a decade, the Mexican fleet telematics ecosystem has been driven by aftermarket providers whose main focus is track and trace solutions. Today, other solutions are also in demand, including vehicle / driver management systems. The key pain-points in the country are fuel consumption, safety and security, total cost of ownership, and sustainability. Independent telematics service providers (TSPs) constitute more than 98% of the market, while OEM solution providers account for the remaining 2-3%. CV fleets in Mexico serve different industries such as food and beverage, automotive, healthcare, retail, oil and gas, and chemicals. These industries face specific challenges that can be addressed by telematics solutions; examples include temperature monitoring, real-time client delivery management, cargo security, and monitoring of driver behavior. This study provides a comprehensive outlook of the Mexican connected truck market with meaningful insight on TSPs, OEMs, tier 1 suppliers, start-ups, and other companies looking to explore this unique and competitive space.--BEGIN PROMO--

Key Issues Addressed

  • What is the current status of the Mexican connected truck market? What do the short-, medium-, and long-term scenarios look like?
  • Which trends will impact the commercial trucking transportation segment?
  • What are the key telematics solutions?
  • Who are the major market participants? What is the level of involvement of OEMs in telematics? Which business models and strategies can be used to benefit stakeholders?
  • What opportunities are available for connected truck vendors (AM and OEMs) in 2019?
More Information
No Index No
Podcast No
Author Ingrid Schumann
Industries Transportation and Logistics
WIP Number K3F8-01-00-00-00
Is Prebook No
GPS Codes 9800-A6,9B01-A6,9694,9968-A6,9965-A6,9A57-A6,9AF6-A6