Growth Opportunities in the European Digital Tachograph Market, 2023

Growth Opportunities in the European Digital Tachograph Market, 2023

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

RELEASE DATE
22-Jun-2023
REGION
Europe
Deliverable Type
Market Research
Research Code: MGF2-01-00-00-00
SKU: AU02559-EU-MT_27793
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$4,950.00
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SKU
AU02559-EU-MT_27793
$4,950.00
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Description

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 penetration rates due to freight transportation mandates that have been around for decades.

Since the introduction of the digital tachograph in 2006 as the successor to analog tachographs, governments and governing agencies have implemented several reforms and improved the technology and widespread adoption in the region. In this report, Frost & Sullivan analyzes vital market developments in the past and identifies growth prospects for various stakeholders in the value chain.

The European digital tachograph market is on its way to complete market saturation soon. The report highlights strategic positions that tachograph providers and telematics service providers (TSPs) can take to create new prospects, led by upcoming reforms to tachograph mandates. Frost & Sullivan expects several cross-vertical partnerships and new mergers and acquisitions to impact the market dynamics in the next three years.

We also include the following:
• Industry trends that aid market growth
• A geographical analysis of penetration
• Key competitor analyses
• Revenue forecasts
• Market sizing
• Other relevant parameters

Author: Mugundhan Deenadayalan

RESEARCH: INFOGRAPHIC

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Table of Contents

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the European Tachograph Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Research Scope

Types of Tachograph Solutions

Types of Business Models

Growth Metrics

Competitive Environment

Growth Drivers

Growth Restraints

Market Evolution

Timeline Analysis

Market Framework

Types of Tachograph Cards

Digital Tachograph Ecosystem

Tachograph Rules

Tachograph Rules (continued)

Tachograph and Telematics Integration

Future Roadmap

Digital Tachograph Trends in 2023

Installed Base by Contribution

VIO and Installed Base Forecast

Installed Base Forecast Analysis

Revenue Forecast Analysis by Hardware and Service

Pricing Analysis

Solution Packages

Market Share Analysis

Benchmarking Key Players

Market Share Analysis by Region

Growth Opportunity 1: Integration with Fleet Telematics

Growth Opportunity 1: Integration with Fleet Telematics (continued)

Growth Opportunity 2: Mergers & Acquisitions (M&As)

Growth Opportunity 2: Mergers & Acquisitions (M&As) (continued)

Growth Opportunity 3: Product Development

Growth Opportunity 3: Product Development (continued)

Conclusion

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

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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 penetration rates due to freight transportation mandates that have been around for decades. Since the introduction of the digital tachograph in 2006 as the successor to analog tachographs, governments and governing agencies have implemented several reforms and improved the technology and widespread adoption in the region. In this report, Frost & Sullivan analyzes vital market developments in the past and identifies growth prospects for various stakeholders in the value chain. The European digital tachograph market is on its way to complete market saturation soon. The report highlights strategic positions that tachograph providers and telematics service providers (TSPs) can take to create new prospects, led by upcoming reforms to tachograph mandates. Frost & Sullivan expects several cross-vertical partnerships and new mergers and acquisitions to impact the market dynamics in the next three years. We also include the following: • Industry trends that aid market growth • A geographical analysis of penetration • Key competitor analyses • Revenue forecasts • Market sizing • Other relevant parameters Author: Mugundhan Deenadayalan
More Information
Deliverable Type Market Research
Author Mugundhan Deenadayalan
Industries Automotive
No Index No
Is Prebook No
Keyword 1 Tachograph Cards Market
Keyword 2 Digital Tachograph Market
Keyword 3 electronic tachograph
Podcast No
WIP Number MGF2-01-00-00-00