Class 8 Truck Telematics Market in North America 2022-2027

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     CLASS 8 TRUCK TELEMATICS MARKET IN NORTH AMERICA

     

    INTRODUCTION

    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.

     

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    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.

     

     CLASS 8 TRUCK TELEMATICS MARKET DEVELOPMENTS AND INNOVATIONS

     

    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

     

     

    COMPETITIVE LANDSCAPE

    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.

     

    COMPANIES PROFILED

    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

     

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