Table of Contents
Key Findings and Future Outlook
•The market is in the growth stage with an installation rate of 30.8% among DIWS, ACCS, and ISS in class 6-8 trucks.
•Technologies such as TPMS are gaining traction due to benefits of fuel economy and enhanced stability.
•The penetration of ESC systems ( x %) is higher than RSC systems ( x %) at the OEM-installation level.
•The penetration of ACC systems is lower because they are integrated with stability control systems.
•Integrated safety systems are gaining traction among fleets over standalone technologies.
•The installation rate was x % among all class 6-8 trucks, with a penetration rate of x % in class 8 trucks at the OEM level.
•The safety-based telematics application market is still in its infancy stage, with a penetration rate of x % in total VIO.
•Improved regulatory compliance, prognostics, and TCO reductions drove the telematics market in 2013.
•LDW, TPMS, and DDWS to experience high growth until 2020 and beyond, with unit shipments increasing at CAGRs of x %, x %, and x %, respectively.
•Sensor fusion and sensor sharing are expected to propel the market for the integration of systems such as LDW and BSD. These technologies will be increasingly integrated with other safety systems and telematics.
•Impending stability control and forward collision avoidance mitigation mandates to drive the market for ESC systems and ACC, to a lesser degree.
•One-hundred percent of class 8 trucks will be installed with an ESC system by 2018 if the above mandates come into effect.
•Fleets chasing too many technologies with too few investment dollars will drive the market for ISS, with an expected installation rate of x % overall by 2020.
•Technologies such as LDW and DDWS are expected to be integrated with ISS, making up the next-generation collision mitigation system, offering fleets improvements on ROI through the packaging of several technologies.
•Real-time dynamic navigation and critical event reporting to witness increasing adoption in the future.
•ELD regulations will drive connectivity for drivers with fleets, thus stoking the market for telematics technologies in the medium term. The penetration of safety-based telematics applications is expected to reach x % by 2020.
Impact of Upcoming Regulations
Mandates for Stability Control
Stability control mandates will drive the market for electronic stability control (ESC) systems in trucks, thereby reducing the price of such systems due to demand.
Forward Collision Avoidance Mandates (FCAMs)
FCAMs will lead fleets to focus on integrated safety systems because collision mitigation technology through adaptive cruise control is integrated with stability control, thereby reducing the need for disparate sensors. It will also lead to sensor fusion and sensor sharing for such safety technologies in the future, with fleets benefitting from reduced TCO through the integration of technologies.
Electronic Logging Devices
Electronic logging devices (ELDs) would have to be installed in all trucks.
Mandating electronic logging devices will drive the market for telematics applications to be used in trucks for real-time connectivity. Moreover, it will also improve conformance to hours-of-service (HOS) limits for drivers.
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