Frost & Sullivan Podcasts

CV Telematics Opportunity Analysis by Industry, EU and NA, Forecast to 2025

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Topic Discussed : CV Telematics Opportunity Analysis by Industry, EU and NA, Forecast to 2025Speaker : Mugundhan DeenadayalanKey Takeaways: 1)Petroleum & Chemical Industry Fleets operating in the petroleum & chemical Industry in North America are expected to see almost 100% penetration in telematics solution due to the compulsory ELD Mandate for hazmat placarded vehicles. 2)Food & Beverage Industry The food & beverage haulage industry is expected to see a growth of 22% and 8.3% in telematics adoption in North America and Europe respectively. This is fueled by the rise in trailer telematics , especially trailer status and temperature management. 3)Cross - Integration via marketplace or app-storeTelematics Service Providers are expected to fill the gaps in their FMS portfolio for specific industries by integrating solutions from other solution providers via an app-store like featureRelated Keywords: LCV, M/HCV Trucks, Fleet Management Solutions, Commercial vehicle Telema