1. Market Research
  2. > Automotive
  3. > Motor Vehicle
  4. > Commercial Vehicle Market Trends
Opportunity for Non Traditional Telematics Providers in Truck Telematics Market, 2017

Opportunity for Non Traditional Telematics Providers in Truck Telematics Market, 2017

  • July 2018
  • 58 pages
  • ID: 5482499
  • Format: PDF
  • Frost & Sullivan

Summary

Table of Contents

Non Traditional Telematics Providers have a Market Share of 42.6% with Many More Participants Expected to Enter via Mergers and Acquisitions
Globally 73.1 million trucks are expected to be connected by 2025 and penetration of telematics is set to rise. These macro factors coupled with trends such as rising sales due to economic development, stricter regulations, and more importantly advent of autonomous trucking have driven the interest of non-traditional telematics players toward truck telematics. Currently, Non- traditional telematics providers such as Truck OEMs, Aggregate manufacturers, Telcos, Map providers, and Tire manufacturers make up the eco system along with Traditional Telematics providers. As of 2017, Non-traditional telematics providers make up for 42.6% out of a total installed base of 12.9 million units in Europe and North America. Truck OEMs initially paved the way for truck telematics starting as early as 1995, via their in-house solutions. Later, they were emulated by other Non-traditional players, who forayed into truck telematics via partnerships and acquisitions.

With the emergence of ‘value trucks’ and their demand amongst fleet owners, telematics has become a key differentiator amongst Truck OEMs.Telematics is also helping OEMs to strengthen their customer association to their brand – converting one-time sales into continual service centred relationships.

OEMs currently cater to 10.9% of the total installed base and is expected to increase with the prospect of V2V communication and autonomy, as this necessitates OEMs to be the fore-runners with their connectivity solutions.

In the wake of autonomy and V2V connectivity, truck aggregate manufacturers have evolved from only being Tier-1 suppliers to technology innovation partners.They are changing their business approach to focus on innovation, rather than production.

Component behaviour analysis and opportunity to tap new segments are the key factors driving aggregate manufacturers to enter the connected truck space. Their strength is in coupling basic fleet management solutions such as GPS tracking, routing, maintenance scheduling and so on with advanced solutions such as prognostics and OTA programming.

High speed data services lay the platform for Telcos to offer telematics.Telcos have evolved from being a powerful service provider to application and services switchboard.

This puts them in the driver’s seat to manage the more app-based open platform telematics ecosystem.They see real value addition in offering data analytics and intelligence, rather than only selling raw vehicle data.

Majority of the top network providers initially forayed into fleet telematics by starting of with their in-house solutions, and then expanded their portfolio and regional presence via acquisition of prominent telematics service providers.

Navigation providers form the bedrock of fleet telematics solutions.Strategic acquisitions and partnerships have transformed them from being a stand alone mapping company to a full-fledged fleet telematics service provider.

They can use their core competencies as a leverage to provide advanced GPS based solutions and map based ADAS for platooning and autonomous trucking.

Riding the IoT wave, leading tire manufacturers are moving on from providing tire as a product to “Tire-as-a-Service” model.As 25% of the fuel in a truck is consumed in overcoming rolling resistance of tires, gathering data on parameters such as tread depth and inflation pressure will assist tire manufacturers in designing low rolling.

Moreover, fleet managers prioritize uptime and scheduled servicing over ad hoc replacement. This requires tire manufacturers to provide tire related value added solutions such as remote diagnostics, prognostics, road-side assistance, and maintenance scheduling.

With the European and American connected truck market highly fragmented with 400-500 participants, the future beckons other prominent non-traditional players such as IT providers, chip manufacturers, truck leasing companies and logistics companies to foray into truck telematics via mergers and acquisitions and subsequently increase the share of Non traditional telematics players.

Key Issues Addressed
• What are the trends that are driving Non Traditional telematics providers into entering the connected truck telematics ecosystem?
• What are the strategies currently devised by Non Traditional telematics providers for entering the commercial vehicle telematics ecosystem?
• What are the telematics solutions that each of the Non Traditional telematics providers have in their portfolio?
• What are the strategic imperatives for connected truck vendors as a whole community?
• What are the opportunities available for future Non Traditional Telematics providers in 2018?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

ref:plp2018

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on