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Last Updated: Apr 25, 2025 | Study Period: 2022-2027
For a long time, advanced vehicle has indeed been finding its way into the Class 8 scene at multiple levels. Numerous OEMs are establishing or aiming to make their own imprints in the field as technology progresses.
Whenever questioned about the most important market trends, practically all OEMs mentioned safety. Truck manufacturers are working to ensure the safety of drivers both inside and outside the cab, with features such as enhanced collision avoidance, accident mitigation, and improved vision.
S No | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
1 | Geotab, Eleos launch customizable Class 8 fleet management solution | UNIFY has been made available by Geotab and Eleos, a transportation software as a service (SaaS) provider. | Global | This would enhance better Technological Controls |
2 | Navistar Standardizes Telematics on Class 6 to 8 Vehicles | All new properties of Class 6 to 8 Intercontinental Truck and IC Bus vehicles will come standard with a factory-installed monitoring device, according to Navistar. | Global | This would enhance better Technological Controls |
3 | Analysis of fleet telematics data reveals drop-off in vehicle activity | As a consequence of federal and state activities, commercial activity for semi-trucks, service vehicles, and other equipment has plummeted. | Global | This would enhance better Technological Controls |
4 | Electronic Communication and Telematics Transform Class 8 Truck Market | With facilitate organizations that exploit the benefits of telematics collision avoidance systems, Class 8 truck economy and safety surge forward. | Global | This would enhance better Technological Controls |
5 | Navistar, Platform Science partner on telematics integration | Platform Technology's Virtual Automotive, the very first open OEM platform that allows fleets worldwide access telemetry, technology solutions, real-time vehicle characteristics, and third-party apps directly from their cars, is being integrated by Navistar. | Global | This would enhance better Technological Controls |
Despite a significant drop in industrial automobile sales as well as the unparalleled magnitude of the economic downturn, the worldwide adoption rate of interconnected truck telemetry continues to expand. The COVID-19 has slowed the commercial vehicle sector to a stop. Industrial vehicle makers will face massively lower sales this year.
Geotab is a leading mobiliser of the Class 8 Telematics in the market. The Geotab initialised Telematics provisioning technology has been focused on Geotab's unique open network for logistics operations, you can increase vehicle dependability while lowering operational expenses.
The Geotab broad portfolio provides businesses with the information and tools businesses really have to make educated decisions and create good changes in ongoing maintenance in the long term. The prerequisites for compliance ELD solutions operate in tandem with the Geotab GO telematics device to produce a compliance solution that makes their job simpler.
ORBCOMM is part of the component manufacture trending companies in the current industry. The ORBCOMM's transportation and logistics management solution is the industry's most complete, open, accessible, and dependable telematics solution. ORBCOMM vehicle approach can improve ELD/HOS compliance, driver performance, fleet security, operational efficiency, and productivity improvements by integrating driver-focused in-cab gadgets running on Android, BT 500 equipment, and sophisticated back-end analytics from ORBCOMM Platforms.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2027 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2027 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2027 |
21 | Product installation rate by OEM, 2022 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2022 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |