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Asia Pacific Commercial Vehicle Telematics Market
Asia Pacific Commercial Vehicle Telematics Market is expected to reach US$ XX Bn by 2026 from US$ XX Bn in 2018 at a CAGR of XX%.
Asia Pacific Commercial Vehicle Telematics Market Telematics, refers to the remote communications and informatics, and their combined term which is based on information and automation. In a more precise way, these are primarily associated with fleet tracking, as the telematics describes the modern technology used for managing a vehicle or group of vehicles along with assets, most often found in trucks, site excavation or construction or similar applications.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Asia Pacific Commercial Vehicle Telematics Market is divided into type, provider type, vertical, and geography. Based on type, the Asia Pacific commercial vehicle telematics market includes solution, and services. By provider type, the Asia Pacific commercial vehicle telematics market is bifurcated into aftermarket and OEM. Based on vertical, Asia Pacific Commercial Vehicle Telematics Market is divided by media & entertainment, travel & tourism, healthcare, transportation & logistics, government & utilities, and education.
Telematics technology for commercial vehicle fleet management incorporates GPS fleet tracking. The safety and compliance solutions are some major factors that are expected to drive the Asia Pacific Commercial Vehicle Telematics Market growth since the safety aspect has been one of the preliminary functionalities related to the market. The solution providers integrate the compliance aspect into specific solutions for facilitating speed control, laws and regulation, and controlling timeline reporting among others. These further helps in incorporating government directives and guidelines for the implementation of commercial vehicle telematics technology.
China, India, Japan, South Korea and Australia are some of the key countries that been the major contributors of the growth of the Asia Pacific commercial vehicle telematics market. The Indian commercial vehicle telematics market is estimated to highest growth. High adoption of telematics in commercial vehicles is observed in this region, which is positively influences the market growth in India. The commercial vehicle telematics help in overall improvement of service, lower fuel and maintenance costs, reduce administrative costs, and improve safety making the government to come up with mandates regarding installation of the latest telematics and boosting the growth of Asia Pacific commercial vehicle telematics market.
Key player’s studies, analyzed, profiled and benchmarked in Asia Pacific Commercial Vehicle Telematics Market are Tuxera, Aeris, Neusoft Corporation, Trimble Inc., Tomtom Telematics Bv, Volkswagen Commercial Vehicles, Airbiquity, Agero, Connexis, Verizon Telematics Inc., Wireless Car AB, AirIQ, Fleetmatics, Mix Telematics, Tom Tom, Trimble, Arcsoft, Fleetboard, Masternaut Limited, and Kore.
The objective of the report is to present comprehensive Asia Pacific Commercial Vehicle Telematics Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Asia Pacific Commercial Vehicle Telematics Market North America for Asia Pacific dynamics, structure by analyzing the market segments, and project the Asia Pacific Commercial Vehicle Telematics Market North America for Asia Pacific size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Asia Pacific Commercial Vehicle Telematics Market North America for Asia Pacific make the report investor’s guide. The Scope of Report Asia Pacific Commercial Vehicle Telematics Market:
Asia Pacific Commercial Vehicle Telematics Market, by Type:
• Solution • Services Asia Pacific Commercial Vehicle Telematics Market, by Provider Type:
• Aftermarket • OEM Asia Pacific Commercial Vehicle Telematics Market, by Vertical:
• Media & Entertainment • Travel & Tourism • Healthcare • Transportation & Logistics • Government & Utilities • Construction • Education Asia Pacific Commercial Vehicle Telematics Market, by Geography:
• China • Japan • India • South Korea • Australia • Others Key Players, Asia Pacific Commercial Vehicle Telematics Market:
• Tuxera • Aeris • Neusoft Corporation • Trimble Inc. • Tomtom Telematics Bv • Volkswagen Commercial Vehicles • Airbiquity • Agero • Connexis • Verizon Telematics Inc. • Wireless Car AB • AirIQ • Fleetmatics • Mix Telematics • Tom Tom • Trimble • Arcsoft • Fleetboard • Masternaut Limited • Kore
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ipratikd-blog · 5 years
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IoT Fleet Management Market booming the Industries by Top 10 Players AT&T, Inc., Cisco Systems, Inc., Verizon Communications, Inc., TomTom International BV, Trimble, Inc., IBM Corporation, Omnitracs, Sierra Wireless, Intel Corporation, and Telefonica S.A.
The rising demand for optimum operational efficiency, increased profitability, improved fuel economy, reduced maintenance cost, and vehicle and smartphone integration have collectively resulted in the growth of the IoT Fleet Management Market. The IoT fleet management market is estimated to grow at a CAGR of 21.26% during the forecast period, to reach a market size of USD 8.28 billion by 2021.
The implementation of safety and security-related regulations, specifically in the Americas and European regions, has led to the introduction of several advanced products in the IoT fleet management market. For instance, in December 2016, the Federal Motor Carrier Safety Administration (FMCSA) published its final rule regarding the adoption and use of Electronic Logging Devices (ELD). The rule requires the implementation of ELD compliance within two years from the date of publishing. The FMCSA has, however, allowed fleets and drivers to use devices that meet the current standard for Automatic On-Board Recording Devices (AOBRD) until December 2019. Also, in 2014, the European Union (EU) had plans to introduce telematics-related mandates for services such as emergency call (e-Call) and Stolen Vehicle Tracking (SVT) services for vehicles. Such regulations/mandates have created a promising opportunity for fleet management solutions as well as service providers for fleet vehicles.
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The Asia-Oceania market for IoT fleet management is estimated to grow at the highest CAGR during the forecast period. The growth of the Asia-Oceania market can be attributed to increased sales of fleet vehicles and demand for personal vehicles. For instance, in 2014, the Chinese government implemented the regulations for installing telematics and satellite positioning system in commercial vehicles. Further, the Australian government allocated a fund of USD 320 million in 2013 for developing the Nation Building Program to build and upgrade the national roadway network with advanced transportation technologies. In 2014, the Indian government also made the installation of GPS devices in public transit buses compulsory in 32 cities for safety and security. The rising necessity of safety and security measures is expected to increase the demand for the IoT fleet management market.
Owing to the growing requirement of high-level, real-time monitoring of fleet vehicles for efficient route planning, vehicle maintenance, navigation, diagnostics, and fuel management, a reliable and fast communication channel is required for data transmission and processing. In the current scenario, 3G connectivity is used widely while some regional governments are also planning to implement 4G LTE connectivity for more effective and faster communication. For instance, the U.S. Department of Transportation (DOT) is investigating the possibility of 4G LTE-Advanced and other long-range technology to support the connected vehicle program. Also, along with the emergence of 5G technologies, a few telecommunication providers such as AT&T, Inc. (U.S.) and Verizon Communications, Inc. (U.S.) have planned to offer this connectivity solution in the near future. Thus, the availability of lightning-fast data transmission speed allows fleet solution providers to offer quick and enhanced services to their clients, which in turn augurs well for the growth of the IoT fleet management market.
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With the advent of IoT in fleet management, cloud storage and fleet analytics play a crucial role in handling critical data and attaining higher customer satisfaction. Some of the analytical tools such as big data analytics and SAS (IBM) offer solutions for managing and analyzing to produce result-oriented valuable information. This gives an opportunity to analytics companies to leverage their business in the fleet management market. The increased implementation of fleet management solutions brings more favorable opportunities for data analytics solutions providers.
Related Report-
Telematics Solutions Market for On & Off-Highway (Services-ACN, eCall, Navigation, RVD, On-Road Assistance, Tracking, Fuel Management, Maintenance, & Diagnostics), Form Factor, Hardware, Equipment Type, Technology, Aftermarket & Region - Forecast to 2022
Smart Transportation Market for Roadway & Railway by Technology (AVLS, TIS, EPS, & Intelligent Vehicle Initiatives), Components (CCTV Camera, GPS, Display, Automated Stop Announcement & Wi-Fi), Application, and Region - Global forecast to 2021
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addcrazy-blog · 8 years
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New Post has been published on Add Crazy
New Post has been published on https://addcrazy.com/tvs-vehicle-invests-rs-75-cr-in-three-start-ups/
TVS Vehicle invests Rs 75 cr in three start-ups
TVS Car Solutions Restricted (TVS ASL), an aftermarket participant and a part of TVS Group, has made around Rs seventy-five crore investments in 3 start-ups (e-trade, Large Statistics / Analytics & CRM and Net of things) to shape a begin-up atmosphere for its virtual projects in which the enterprise will provide virtual commercial enterprise Solutions to car and aspect producers to enable them to attain customer satisfaction and higher marketplace percentage inside the $nine.5 bn aftermarket space.
“We are investing around Rs 75 crore from internal accruals. We are awaiting these companies to generate a revenue of Rs 250 crore within the first 3 years,” G Srinivasa Raghavan, Govt Director, TVS Vehicle Answers Ltd. He said that there is lots of capacity for the digital solutions inside the $nine.five billion aftermarket area, G Srinivasa Raghavan, Govt Director, TVS Automobile Answers Ltd.
The organization has obtained majority stake in Delhi-based Store J Pvt Ltd, which runs an e-commerce aftermarket internet site Jazzmyride.Com presenting auto parts, add-ons, and systems and formed a partnership with CRM, analytics and Big Facts firm Hansa Fairness to shape a joint challenge Autosense wherein TVS ASL has forty-nine% stake, to offer era and analytics primarily based client management offerings.
It has also received entire Equity of Redsun Consulting, a Bengaluru-based totally Net of things start-up with Solutions such as Linked Automobiles in addressing safety, convenience and included offerings core customers. Related Vehicles is the following fundamental digital platform that would deliver product improvement in the direction of the customers through actual time visibility of the performance of the vehicle. The services are expected to start in next two months and the company is in talks with a number of the OEMs to implement this, said G Srinivasa Raghavan, Executive director of TVS ASL.
TVS ASL made investments in Jazzmyride.Com, an e-trade chief in the the auto aftermarket with over three,00,000 customers, deals with parts and add-ons for passenger motors, two wheelers, and commercial motors. It gives greater than 100,000 merchandise across 150 classes and greater than 52 brands.
Autosense: It presents generation and analytics based totally purchase management services in the commercial enterprise as a service model for the industry. Equity is a pacesetter in Records-driven marketing enterprise the usage of CRM, analytics & Huge Facts Solutions across a selection of enterprise verticals. Equity has partnered with TVS ASL in growing Autosense – digital technology and analytics based advertising services employer for dedicated automotive vertical.
Raghavan stated that TVS ASL is uniquely placed in offering both digital generation Answers and brick & mortar infrastructure in addressing the needs of manufacturers. digital technology help in enabling transparency in delivery chain, visibility of intake and consequently help them customize services and products toward marketplace needs.
He, in addition, added, “We’ve taken the management in transforming Indian automobile aftermarket with the aid of creating an atmosphere of retailers, garages & fleet wherein every stakeholder is benefited in terms of growth, efficiencies, and profitability by actively taking part inside the fee advent for stop clients.”
Sunil Dhingra, Founder & CEO, Jazzmyride.Com, stated, “We see incredible synergy with TVS ASL with O2O (on the line to offline) retailing technique thereby bringing the first-class of both the worlds to the advantage of all stakeholders within the value chain.”
Swaminathan, Co-founder & CEO, Hansa Cequity, added that the company is worked up to partner with TVS ASL in Autosense for you to provide era and platform primarily based, analytics-pushed advertising and marketing offerings in “business as a provider” model for the after-market industry. Autosense will assist improve sales force, offer analytics Answers for growing components efficiency and fleet management analytics to deliver down on a fee of a run for the fleet, and so on. For the automobile enterprise.”
Ravi Neeladri, RedSun Telematics, stated, “We’ve got invested one hundred,000 guy hours in developing this incorporated platform that brings key protection features like theft alarms, towing alarm, geo-fencing, and so on., incorporated service control with far off automobile diagnostics, predictive preservation, provider preservation due indicators, and many others. For making the sure higher existence of the vehicle, driver control for passenger Automobiles & commercial vehicles and gas control features to deliver down jogging prices.”
Vehicle Quarter – The Indian State of affairs!
This case pondered the India of yester years. Economic reforms and deregulation have converted that scene. Car enterprise has written a new inspirational story. It is a tale of thrilling multiplicity, unheard of growth and a laugh client enjoy – all within a few years. India has already come to be one of the fastest developing Car markets within the world. This is a tribute to leaders and managers within the industry and, similarly to policy planners. The automobile industry has the opportunity to move past this awesome achievement. It’s miles standing on the doorsteps of a quantum bounce.
The Indian Car industry is going thru a technological change wherein every company is engaged in changing its methods and technology to maintain the competitive advantage and provide customers with the optimized products and services. Beginning from the 2 wheelers, trucks, and tractors to the multi-software vehicles, industrial cars, and the luxury cars, the Indian Car enterprise has performed remarkable success within the recent years.
“The opportunity is staring to your face. It comes simplest as soon as. In case you omit it, you may no longer get it once more”
at the canvas of the Indian financial system, car industry keeps a high-flying area. Due to its deep frontward and rearward linkages with numerous key segments of the financial system, Car enterprise has a robust multiplier impact and is able to be the motive force of Economic increase. A legitimate transportation gadget performs an important role in the USA’s speedy Monetary and industrial development. The properly-developed Indian car industry skillfully fulfills this catalytic role through generating a wide form of vehicles: passenger Vehicles, light, medium and heavy business automobiles, multi-software automobiles together with jeeps, scooters, motorcycles, mopeds, three wheelers, tractors and so forth.
The automotive Area is one of the middle industries of the Indian economic system, whose prospect is reflective of the Economic resilience of the country. Continuous Financial liberalization through the years by the government of India has resulted in making India as one of the high business vacation spot for many global automobile players. The automotive Region in India is growing at round 18 consistent with cent per annum.
“the auto enterprise is just a multiplier, a driving force for employment, for funding, for generation” The Indian car enterprise commenced its new journey from 1991 with licensing of the world and next beginning up for one hundred in keeping with cent FDI through the automatic course. Because then nearly all the international majors have set up their facilities in India taking the production of the vehicle from 2 million in 1991 to 9.7 million in 2006 (nearly 7 in keeping with a cent of worldwide motors manufacturing and a couple of.4 in line with a cent of 4 wheeler manufacturing).
The cumulative annual increase rate of production of the automobile industry from the year 2000-2001 to 2005-2006 became 17 in keeping with the cent. The cumulative annual increase price of exports all through the duration 2000-01 to 2005-06 changed into 32.ninety two according to the cent. The production of the car enterprise is expected to attain an increased charge of over 20 in step with a cent in 2006-07 and about 15 in step with a cent in 2007-08. The export at some point of the equal period is expected to grow over 20 according to the cent.
The automobile Area has been contributing its share to the shining Monetary performance of India in the recent years. With the Indian center magnificence incomes higher in step with capital profits, greater people are ready to very own non-public cars together with Cars and two-wheelers. Product actions and manned services have boosted in the income of medium and sized commercial automobiles for passenger and items delivery.
A facet with the aid of Side with sparkling automobile income increase, the car additives Area has witnessed Huge increase. The domestic auto additives consumption has crossed rupees 9000 crores and an export of 1 1/2 size of this parent.
FDI destination – INDIA!
India is at the peak of the Foreign Direct funding wave. FDI flows into India trebled from $6 billion in 2004-05 to $19 billion in 2006-07 and is predicted to quadruple to $25 billion in 2007-08. with the aid of AT Kearney’s FDI Self-belief Index 2006, India is the second maximum attractive FDI vacation spot after China, pushing the use to the 0.33 function. It is normally believed that quickly India will trap up with China. This could also show up as China attempts to chill the financial system and it’s protectionism measures which are eclipsing the middle Country’s attractiveness. With growing wages and excessive land charges within the gap regions, China can be dropping its face as a low-fee production hub. India appears to be the herbal choice.
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avantseating-blog · 8 years
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Better Living Through GPS Tracking Devices
It was just a few years since the launch of the first GPS satellite. As the constellation grew—and, along with it, a method of tracking that further enhanced the ability of humans to observe and gather data—the question of sensory augmentation and the law would grow more urgent.
For an airport of its size, Newark Liberty is squeezed into a fairly small footprint. The team that set up the GBAS receivers found that the only spot at the airport that provided full coverage was next to a runway at the airport’s eastern edge. Each receiver sat within 200 meters of the New Jersey Turnpike.
The freeway’s centrality guarantees that a sizable amount of its traffic is always commercial vehicles. A significant number of these, it turned out, are driven by people who possess “personal privacy devices,” a euphemistic term for GPS jammers. The drivers carried these jammers to foil the tracking apparatuses set up by their bosses to monitor the whereabouts of employees. Although operating one is illegal, they are cheap—often under $100—and easy to obtain from Internet vendors. Small and innocuous, many plug right into a vehicle’s dashboard cigarette lighter. They form a little interference bubble in the area surrounding the jammer, stopping the GPS signal from getting through. This interference was disrupting the GBAS receivers.
The discovery came as a shock to the GBAS team. “We were generally aware of people with jammers in the cars,” says Sam Pullen, leader of the Stanford GPS Lab’s GBAS research group. “But we knew those devices were low-power. So we suspected there would be fewer bumps and that we’d rarely see them. We didn’t think about it that closely, but there was no reason to think that car-based jammers by themselves would be much more frequent than what we had seen previously.”
Authorities began a stakeout of the Turnpike. But pinpointing the source of the jammers was difficult, so the GBAS outages continued. On April 29, the effort finally paid off. Police were positioned on the Turnpike, near the runway, when the interference began. It seemed to coincide with the passing of a certain truck. They raced after it and motioned the driver to pull over. The jammer was right there on the dashboard. The driver made no attempt to hide it. In exchange for handing it over, the police let the driver go on his way with a warning.
Moving the GBAS array was not an option. No other spot could so effectively cover the airport. Instead, the team made some adjustments to the software, which mitigated the problem a bit, but not completely. Cars and trucks with GPS jammers continued to use the Turnpike, and sometimes they jammed the GBAS. Throughout the summer months, the team monitored the problem—the monotonous jamming blips from trucks passing through America’s most dangerous two miles.
Until one day in August, when the static suddenly got worse. By the second half of the 1980s, companies like Trimble and Qualcomm were exploring the market for GPS  tracking devices that would allow trucking companies to monitor their drivers’ whereabouts. A GPS tracker is simply a GPS receiver integrated into some kind of communication device that periodically transmits or records that location. The problem for early fleet management systems was not so much the GPS aspect, as it was finding radio frequencies usable over wide geographic areas to transmit the coordinates back to the monitoring centers. But the customers were there. Three years after it debuted, Qualcomm’s Omnitracs system had signed up about 100 trucking companies and was monitoring the whereabouts of 15,000 trucks. Drivers were required to enter messages onto a dashboard-mounted terminal. Satellite dishes on the trucks relayed the information to Qualcomm’s San Diego headquarters, which forwarded it to the driver’s dispatchers.
As cellular networks developed and the cost of access decreased, GPS tracking became a more realistic proposition. Between 1992 and 1997, U.S. Census Bureau “vehicle inventory and use” surveys found that the percentage of commercial trucks on the road being tracked electronically rose from roughly one in ten to nearly one in four. The process of tracking via GPS became much simpler. “A GPS tracking device is like a mini-cell phone, more or less,” says Ryan Driscoll, the marketing manager at GPS Insight, an Arizona-based company that designs GPS tracking software. At regular intervals, the device transmits the GPS reading to a monitor, either a live human or a computer that gathers and archives the location data.
By 2005, companies and government organizations were using GPS to track 1.3 million fleet vehicles. Analysts projected that the North American fleet management market alone would grow to $7 billion over the next few years. More than half of all fleets with 100 or more vehicles now use a GPS fleet management system—for companies with more than 350 vehicles, the adoption rate is approaching 60 percent. The worldwide fleet management industry, valued at $12 billion in 2014, is on track to be worth more than $35 billion by 2019, with Asian and Pacific markets showing the highest growth rates. In Delhi, a public-private partnership between the Indian government and an infrastructure investment company has installed GPS trackers on all 60,000 public rickshaws, to prevent drivers from gouging tourists by taking longer routes. In China, GPS tracking is used to control the black market in “gutter oil,” recycled cooking oil that is combined with industrial waste and other effluents, which may account for 10 percent of all cooking oil used in the country. GPS trackers on garbage trucks keep track of where oil is collected, so that officials can ensure that the amount collected does not mysteriously decrease before disposal.
Fleet management is one of the fastest-growing segments of the overall GPS industry, and the largest segment of the telematics industry—companies that specialize in processing and transmitting real-time data from vehicles. It has proven itself to be recession-proof. “Our businesses thrive in a bad economy,” Driscoll says. “When expenses are tight, they need this. They can’t afford to waste fuel. They can’t afford to pay drivers for wasted labor hours. They’ve got to shave as many costs around the entire operation as possible.”
Among the private trucking fleets that use portable GPS tracking device, two-thirds integrate the system with other data gathering, to analyze job performance. The most extreme example may be United Parcel Service, whose drivers—“among the most regimented workers in the country outside those on an assembly line,” according to labor journalist Jane Slaughter—use trucks outfitted with 200 telematics sensors, recording such metrics as how hard a driver brakes and how long it takes to deliver a package and get a signature. In much the same way that Todd Humphreys described GPS in a drone as the “bulwark,” surrounded by and supporting other navigation tools, GPS location tracking in fleets is the foundation supporting many kinds of telematics data. Perhaps a clue as to why vehicle GPS tracking device is so seductive as a gateway to other information is that fleet managers overwhelmingly rate “vehicle location” as the principal benefit of GPS tracking, far ahead of fuel consumption and cost control. As the sales manager of a GPS fleet management company put it, summing up the prevailing attitude of his clients, “I want to know my employees are working, not at the Circle K having a soda.”
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