Global Heavy-Duty Speed Monitors Market 2024-2030
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Global Heavy-Duty Speed Monitors Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

HEAVY-DUTY SPEED MONITORS MARKET

 

INTRODUCTION

Active speed monitors are stationary devices that remind motorists to reduce their speeds when approaching schools. They are generally mounted on speed limit signs and show drivers' actual passing speeds in real time. Drivers are able to compare their real speed to the advertised speed limit. 

 

A device having one or more motor vehicle sensors that records images of moving cars travelling at least 12 mph over the posted speed limit is referred to as a speed monitoring system.

 

Heavy duty vehicles especially created to carry out construction duties, most typically including earthwork operations or other substantial construction chores, are referred to as heavy equipment, heavy machinery, or Earthmovers.

 

HEAVY-DUTY SPEED MONITORS MARKET SIZE AND FORECAST

 

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The global Heavy-Duty speed monitors market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

 

HEAVY-DUTY SPEED MONITORS MARKETMARKET DYNAMICS

HS-130A PRGR Black Pocket Launch Monitor (New 2021 Model). Because they show how far you actually hit the ball with each club, launch monitors can help you lower your scores while using your current golf swing and equipment.

However, the majority of them are outrageously expensive, bulky and large, require apps, and the less expensive models are frequently inaccurate.

 

The new PRGR Black Pocket Launch Monitor is exceedingly simple to use, extremely precise thanks to Doppler Radar, and reasonably priced. It is battery-operated; simply turn it on, set it down, and strike. With each club carry and total, you'll see your swing speed, ball speed, smash factor, and distance.

 

Added characteristics: Auto-Shutdown to protect the battery works for both right and left handed people. records the last 500 swings and measurements you've made.

 

HEAVY-DUTY SPEED MONITORS MARKETRECENT PARTNERSHIP

 

S NoCompany NameDevelopment
1Volvo Group Volvo Group establishes Fyrqom AB as a new entity.

Together, Volvo Group and Qamcom Group create Fyrqom AB, a new startup. 

 

Fyrqom ABwill provide a calibrating automated system for heavy-duty vehicle tire pressure monitoring systems.

 

When one of the tires loses pressure, a tire pressure monitoring system alerts the driver. A small number of heavy-duty cars have this equipment installed.

 

Nevertheless, it is a requirement under European law that all trucks and trailers have this technology. Every truck's tire pressure monitoring system needs to be manually calibrated both when it is being built and when a tire is being changed in a shop. 

 

They received assistance to validate the solution and the business potential through CampX, the Volvo Group's worldwide innovation arena for technology and business transformation. 

 

The validation revealed a high value for the consumer. The decision was made to "spin out" and create a separate firm because the answer was just beyond the current Volvo Group's scope of operations. 

 

With assistance from numerous departments within the Volvo Group, including legal, IP strategy, finance, tax, human resources, and purchasing, this was completed quickly using the CampX idea.

 

It is a smart idea to capture fresh company concepts and prospects, both inside and outside the Volvo Group, and to speed their commercialization by including this venture builder function into the CampX concept. 

 

Fyrqom AB, a new startup company, is a partnership between the Volvo Group, the Qamcom Group, and Roman Iustin, who will serve as its CEO.Colleagues at Volvo Group are urged to use technologies to address particular issues while focusing on client needs. This encourages the mindset needed to create business solutions with technology assistanc

 

HEAVY-DUTY SPEED MONITORS MARKETTHIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many Heavy-Duty speed monitors are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global Heavy-Duty speed monitors and key vendor selection criteria
  3. Where are the Heavy-Duty speed monitors manufactured? What is the average margin per unit?
  4. Market share of Global Heavy-Duty speed monitors market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global Heavy-Duty speed monitors in-house
  6. key predictions for next 5 years in Global Heavy-Duty speed monitors market
  7. Average B-2-B Heavy-Duty speed monitors market price in all segments
  8. Latest trends in Heavy-Duty speed monitors market, by every market segment
  9. The market size (both volume and value) of the Heavy-Duty speed monitors market in 2024-2030 and every year in between?
  10. Production breakup of Heavy-Duty speed monitors market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix