Fleet Management Archives - IoT Business News https://iotbusinessnews.com/category/application-fleet-management/ The business side of the Internet of Things Sat, 06 Jan 2024 17:27:40 +0000 en-US hourly 1 https://wordpress.org/?v=5.8.9 https://iotbusinessnews.com/WordPress/wp-content/uploads/cropped-iotbusinessnews-site-icon-150x150.png Fleet Management Archives - IoT Business News https://iotbusinessnews.com/category/application-fleet-management/ 32 32 The shared micromobility fleet to reach 38.2 million vehicles by 2027 https://iotbusinessnews.com/2023/12/16/78981-the-shared-micromobility-fleet-to-reach-38-2-million-vehicles-by-2027/ Sat, 16 Dec 2023 09:25:45 +0000 https://iotbusinessnews.com/?p=40869 Quectel Leads the Way in Connected Auto and Electric Vehicle Innovation at CAEV India

According to a new market research report from the IoT analyst firm Berg Insight, the number of micromobility vehicles available worldwide will reach 38.2 million by 2027, up from 25.3 million vehicles in 2022. Micromobility services are defined as shared mobility services that offer short-term rentals of light vehicles such as bikes, scooters or other ...

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Quectel Leads the Way in Connected Auto and Electric Vehicle Innovation at CAEV India

The shared micromobility fleet to reach 38.2 million vehicles by 2027

According to a new market research report from the IoT analyst firm Berg Insight, the number of micromobility vehicles available worldwide will reach 38.2 million by 2027, up from 25.3 million vehicles in 2022.

Micromobility services are defined as shared mobility services that offer short-term rentals of light vehicles such as bikes, scooters or other similar vehicles. The micromobility market has been characterized by rapid growth, a high pace of merger and acquisitions and many shutdowns of services during the past few years.

“The market is now reaching a more mature stage and operators are generally more focused on reaching profitability, which was not the case in previous years”, said Martin Cederqvist, IoT Analyst at Berg Insight.

Bikesharing is a decentralised bicycle rental service, usually focusing on short term rentals. Traditionally, most bikesharing operators have used station-based operational models. This operational model requires members to pick up and return the vehicle at any designated station within a city. In Europe and North America, station-based bikesharing is the most popular operational model. Another model that is rapidly gaining in popularity is free floating services, which enables members to pick up and drop off vehicles anywhere within a designated area. The total number of shared bikes worldwide reached an estimated 23.7 million vehicles at the end of 2022, of which a large majority are free floating bikes in China. Prominent bikesharing operators include Hellobike, Meituan Bike, Didi (Qingju), JCDecaux, Nextbike (owned by Tier), Hello Cycling, Docomo Cycle, Anywheel, Yulu, RideMovi, Bolt, Lime and Donkey Republic.

graphic: connected bikesharing scootersharing fleet world 2022-2027

The stand-up scootersharing market has gained a lot of attention from media and investors and have grown rapidly since its inception in 2017. At the end of 2022, the number of shared stand-up scooters reached an estimated 1.5 million vehicles.

“Leading stand-up scooter operators include Bolt, Tier and Voi in Europe, Bird and Lime in North America as well as Neuron Mobility, Swing Mobility and Beam Mobility in Asia-Pacific”, said Mr Cederqvist.

The regulatory environment surrounding stand-up electric scooters is complex and varies between region, country, state and city level. Today, some cities limit the number of stand-up scooters allowed on the streets through mandatory operator licences. The cities can both restrict the number of operators allowed in the cities, but also the number of vehicles each operator is allowed to deploy. The sit-down scootersharing market has not been regulated to the same degree. At the end of 2022, the number of shared sit-down scooters in shared mobility schemes reached an estimated 120,000 vehicles. Leading sit-down scootersharing operators include Vogo and Yulu in India; Marti Technologies in Turkey; Cooltra, CityScoot, Felyx, Emmy and Check in Europe; Revel in North America as well as GoShare and WeMo in Taiwan.

Telematics has been a key element since the inception of shared micromobility services. Bikesharing infrastructure vendors provide complete solutions including telematics hardware solutions, user identification and bike locks, information kiosks as well as fleet management platforms and mobile apps.

Companies specialising in bikesharing solutions include PBSC (owned by Lyft), Lyft, Nextbike (Tier), Fifteen, Vaimoo, Youon Bike Technologies and Conneqtech. Scootersharing operators now mainly utilise factory-installed telematics systems embedded in the scooters. Shared mobility software platforms moreover comprise complete systems that can support all the operational activities of a micromobility operation ranging from management of in-vehicle equipment, fleet management, booking management, billing as well as operations supervision via dashboards and data analytics. Leading micromobility telematics solution providers include Comodule, Drover AI, Luna Systems, Invers, Teltonika, Queclink, Atom Mobility, Joyride Technologies, Wunder Mobility, Zoba, Urban Sharing and Omni Intelligent Technology.

Mr Cederqvist concluded:

“In recent years, micromobility operators have added increasingly complex telematics applications such as sidewalk riding detection as well as features ensuring parking compliance. The usage of AI and machine learning models are increasingly common in such applications.”

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The installed base of fleet management systems in Australia and New Zealand will exceed 2.4 million units by 2027 https://iotbusinessnews.com/2023/12/15/89409-the-installed-base-of-fleet-management-systems-in-australia-and-new-zealand-will-exceed-2-4-million-units-by-2027/ Fri, 15 Dec 2023 13:48:42 +0000 https://iotbusinessnews.com/?p=40866 The installed base of fleet management systems in Australia and New Zealand will exceed 2.4 million units by 2027

The number of active fleet management systems deployed in commercial vehicle fleets in Australia and New Zealand was around 1.4 million units in Q4-2022 according to a new research report from the leading IoT analyst firm Berg Insight. Growing at a compound annual growth rate (CAGR) of 11.5 percent, this number is expected to reach ...

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The installed base of fleet management systems in Australia and New Zealand will exceed 2.4 million units by 2027

The installed base of fleet management systems in Australia and New Zealand will exceed 2.4 million units by 2027

The number of active fleet management systems deployed in commercial vehicle fleets in Australia and New Zealand was around 1.4 million units in Q4-2022 according to a new research report from the leading IoT analyst firm Berg Insight.

Growing at a compound annual growth rate (CAGR) of 11.5 percent, this number is expected to reach more than 2.4 million units by 2027. A large number of vendors are active on the fleet management market in Australia and New Zealand. The top-15 players in the region together account for over 60 percent of the active units on the market, and more than a third is represented by the top-5 alone.

A wide variety of players serve the fleet telematics market in Australia and New Zealand, ranging from small local vendors to leading international solution providers.

chart: installed base of active fleet management-units in Australia and New Zealand 2022-2027

“Berg Insight ranks Teletrac Navman, EROAD and MTData as the largest providers of fleet management solutions in Australia and New Zealand”, said Rickard Andersson, Principal Analyst, Berg Insight.

US-based Teletrac Navman (part of Vontier) was the first to reach 100,000 units in the region and this milestone has now also been achieved by New Zealand-based EROAD (including Coretex acquired in 2021) and Australia-based MTData (owned by Telstra).

“The remaining top-5 solution providers in the region are US-based Verizon Connect and Netstar Australia”, continued Mr. Andersson.

He adds that US-based Rand McNally which acquired Fleetsu in Australia in 2022 is now also a significant player. Other notable vendors with comparably sizeable subscriber bases in the region include local solution providers such as Australia-based IntelliTrac and Linxio and New Zealand-based Smartrak (Constellation Software), as well as international players including Canada-based Geotab and South Africa-based MiX Telematics. Fleet Complete, also based in Canada, entered the region through the acquisition of Geotab’s reseller Securatrak.

“Additional top-15 players in the region are Digital Matter and Procon Telematics as well as Bridgestone Mobility Solutions’ Webfleet and Fleetdynamics by Fleetcare”, said Mr. Andersson.

Solution vendors just outside of Berg Insight’s top list moreover include Directed Technologies (Directed Electronics Australia), Sensium, Inseego, TrackIt and Microlise. Directed notably works with a large number of commercial vehicle OEMs on the local market.

“OEMs which have launched fleet telematics solutions in the region independently or through partnerships include UD Trucks, Toyota, Hino, Mitsubishi, PACCAR, Volvo Group, Daimler Truck, Fuso, Scania, MAN and Iveco”, concluded Mr. Andersson.

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The installed base of fleet management systems in Europe will reach 26.5 million by 2027 https://iotbusinessnews.com/2023/12/09/77455-the-installed-base-of-fleet-management-systems-in-europe-will-reach-26-5-million-by-2027/ Sat, 09 Dec 2023 09:08:45 +0000 https://iotbusinessnews.com/?p=40832 The installed base of fleet management systems in Europe will reach 26.5 million by 2027

The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 14.8 million at the end of 2022, according to a new research report from the IoT analyst firm Berg Insight. Growing at a compound annual growth rate (CAGR) of 12.4 percent, this number is expected to reach 26.5 million by ...

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The installed base of fleet management systems in Europe will reach 26.5 million by 2027

The installed base of fleet management systems in Europe will reach 26.5 million by 2027

The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 14.8 million at the end of 2022, according to a new research report from the IoT analyst firm Berg Insight.

Growing at a compound annual growth rate (CAGR) of 12.4 percent, this number is expected to reach 26.5 million by 2027. The top-38 vendors have today more than 100,000 active units in Europe.

Berg Insight ranks Targa Telematics as the largest player in terms of active installed base with around 710,000 units at year-end 2022. Weebfleet’s subscriber base has grown both organically and by acquisitions during the past years and the company holds the position as the second largest provider of fleet management solutions on the European market and reached an installed base of about 680,000 units. Verizon Connect is in third place and had achieved an installed base of an estimated 490,000 units at the year-end. Calamp and Radius Telematics follow and have reached 400,000 units and 382,000 units respectively. Scania, ABAX, Gurtam, Bornemann and AddSecure Smart Transport are also ranked among the ten largest providers with 250,000–380,000 units each. Some notable players just outside of the top ten list are MICHELIN Connected Fleet, Geotab, Transics, Quartix, Eurowag Telematics, Viasat, Linqo, Microlise, Daimler Truck, Océan (Orange), Volvo, Macnil, GSGroup, RAM Tracking, MAN, Cartrack, Fleet Complete, Trimble, Optimum Automotive, Shiftmove, AROBS Transilvania Software, Inseego, Infobric Fleet and Mapon. The HCV manufacturers are now growing their subscriber bases considerably thanks to standard line fitment of fleet management solutions. Dynafleet by Volvo, FleetBoard by Daimler Truck and Scania Fleet Management are the most successful with active subscriber bases of 162,000 units, 170,000 units and 379,000 units in Europe respectively at the end of 2022.

graphic: installed base active fleet management units EU 2021-2027

The consolidation trend on this market continued in 2023.

Johan Fagerberg, Principal Analyst, said:

“Seven mergers and acquisitions have taken place so far this year among the vendors of fleet management systems in Europe”

In January, Coyote became majority owner of Ubiwan (51 percent). After the change in ownership, the fleet management business of Coyote has now become part of the Ubiwan business. In the same month, Vimcar and Avrios were acquired by Battery Ventures and consequently merged, resulting in a new company called Shiftmove. In February, private equity firm Idico acquired a majority stake in Simpliciti. In May, Targa Telematics acquired Viasat Group. The new larger group will have offices in eight key European countries: Italy, Portugal, Spain, France, the UK, Belgium, Poland and Romania. Mapon acquired CarCops based in Estonia in the same month which will expand the business in the country considerably. Addsecure Smart Transport acquired in October the Clifford Group which includes Traxgo, a Belgium-based company offering systems for tracking of vehicles, machines and equipment. Finally, Powerfleet and MiX Telematics announced in October an agreement to form a combined business which will be branded as Powerfleet. The transaction is expected to close in Q1-2024. Mr. Fagerberg anticipates that the market consolidation of the still overcrowded industry will continue in 2024.

Download report brochure: Fleet Management in Europe

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The installed base of fleet management systems in the Americas to reach 37 million units by 2027 https://iotbusinessnews.com/2023/11/21/90089-the-installed-base-of-fleet-management-systems-in-the-americas-to-reach-37-million-units-by-2027/ Tue, 21 Nov 2023 14:50:07 +0000 https://iotbusinessnews.com/?p=40720 The installed base of fleet management systems in the Americas to reach 37 million units by 2027

According to a new report from the leading IoT market research provider Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in North America was 15.3 million in Q4-2022. Growing at a compound annual growth rate (CAGR) of 12.6 percent, this number is expected to reach 27.6 million by 2027. ...

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The installed base of fleet management systems in the Americas to reach 37 million units by 2027

The installed base of fleet management systems in the Americas to reach 37 million units by 2027

According to a new report from the leading IoT market research provider Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in North America was 15.3 million in Q4-2022.

Growing at a compound annual growth rate (CAGR) of 12.6 percent, this number is expected to reach 27.6 million by 2027.

In Latin America, the number of active fleet management systems is expected to grow at a CAGR of 12.6 percent from 5.3 million in Q4-2022 to reach 9.6 million in 2027.

There are now more than 30 players with installed bases of over 100,000 active fleet management units in the Americas. At the end of 2022, the top-30 vendors together had nearly 15 million vehicles under management in the region and the top-10 alone represented 50 percent of the total installed base in the Americas.

graphic: installed base of active fleet management units 2022-2027

Geotab, Verizon Connect and Samsara are the leading fleet telematics providers in the Americas in terms of the number of active fleet management subscribers in the region.

“Geotab is clearly in the lead with an installed base in the three million range, ahead of Verizon Connect in second place followed by Samsara”, said Rickard Andersson, Principal Analyst, Berg Insight.

The remaining top-5 players in the region are Solera Fleet Solutions and Trimble Transportation, both active in the industry for decades.

“Additional solution providers with more than half a million units include Lytx, CalAmp, Gurtam and Motive as well as Zonar Systems which is owned by Continental”, continued Mr. Andersson.

He adds that in addition to Continental, the world leading tire manufacturers Michelin and Bridgestone have also established strong positions in the fleet management space through acquisitions. The remaining top-15 players include MICHELIN Connected Fleet, Bridgestone Mobility Solutions, Fleet Complete, Powerfleet and GPS Insight (including Certified Tracking Solutions).

“Powerfleet has recently announced an agreement with MiX Telematics to form a combined business which will be branded as Powerfleet”, said Mr. Andersson.

Driven by growth strategies based on M&A activity and high-pace organic growth, Berg Insight anticipates a future scenario where the global fleet management market is dominated by a handful of providers with installed bases measured in the millions. The milestone of one million connected units worldwide has already been surpassed by more than ten solution providers. Five of the vendors have achieved two million units and two players have surpassed the three million mark.

“Geotab has this month even reached four million subscriptions globally”, concluded Mr. Andersson.

Download report brochure: Fleet Management in the Americas

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IoT in Fleet Management: Driving Efficiency and Safety https://iotbusinessnews.com/2023/10/15/54344-iot-in-fleet-management-driving-efficiency-and-safety/ Sun, 15 Oct 2023 13:17:29 +0000 https://iotbusinessnews.com/?p=40514 The installed base of fleet management systems in Europe will reach 26.5 million by 2027

Fleet management is a crucial aspect of various industries, from logistics and transportation to delivery services and construction. The ability to monitor and optimize a fleet of vehicles can significantly impact an organization’s efficiency and profitability. With the advent of the Internet of Things (IoT), fleet management has undergone a transformation, offering real-time tracking, predictive ...

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The installed base of fleet management systems in Europe will reach 26.5 million by 2027

IoT in Fleet Management: Driving Efficiency and Safety

Fleet management is a crucial aspect of various industries, from logistics and transportation to delivery services and construction. The ability to monitor and optimize a fleet of vehicles can significantly impact an organization’s efficiency and profitability. With the advent of the Internet of Things (IoT), fleet management has undergone a transformation, offering real-time tracking, predictive maintenance, and improved safety measures. In this article, we will explore the impact of IoT on fleet management, its key applications, benefits, and the future of connected fleets.

IoT in Fleet Management

Fleet management involves overseeing a fleet of vehicles, such as trucks, delivery vans, or construction equipment. Traditionally, it relied on manual processes, paper records, and limited real-time data. The integration of IoT technology has revolutionized fleet management by providing a constant stream of data and real-time insights into vehicle location, health, and driver behavior.

Key Applications of IoT in Fleet Management

1. Real-Time Vehicle Tracking

IoT enables real-time vehicle tracking using GPS and other sensors. Fleet managers can monitor the exact location of each vehicle in the fleet, allowing for route optimization and efficient dispatching.

2. Predictive Maintenance

IoT sensors on vehicles can monitor the health and performance of critical components. By analyzing data on engine status, tire pressure, and other factors, fleet managers can predict maintenance needs and schedule repairs before a breakdown occurs, reducing downtime and costs.

3. Driver Behavior Monitoring

IoT-powered devices can track driver behavior, including speed, acceleration, braking, and adherence to safety guidelines. This data is invaluable for improving driver safety, reducing accidents, and enhancing fuel efficiency.

4. Fuel Efficiency

IoT can be used to monitor fuel consumption and provide insights into improving fuel efficiency. For example, data on idling time, engine performance, and route optimization can help reduce fuel costs.

5. Route Optimization

IoT devices collect data on traffic conditions, road closures, and other factors that impact route planning. Fleet managers can use this data to optimize routes in real time, reducing travel time and fuel consumption.

6. Inventory Management

In the case of delivery or service fleets, IoT can help manage inventory on board. Sensors can track the quantity and condition of goods, ensuring that the right products are available and minimizing losses.

Benefits of IoT in Fleet Management

The integration of IoT in fleet management offers numerous advantages:

1. Real-Time Visibility

IoT provides real-time data on the location and condition of fleet vehicles. This allows for immediate response to incidents or changing conditions, resulting in improved operational efficiency.

2. Predictive Maintenance

By predicting maintenance needs, IoT-enabled fleet management reduces downtime and prevents costly breakdowns. It also extends the lifespan of vehicles and equipment.

3. Improved Safety

IoT devices monitor driver behavior, enhancing safety by encouraging responsible driving practices. Reduced accidents not only improve safety but also lower insurance premiums.

4. Cost Savings

Efficiency gains and reduced maintenance costs lead to substantial cost savings for organizations managing fleets. Additionally, improved fuel efficiency further contributes to cost reduction.

5. Enhanced Productivity

IoT-driven fleet management applications optimize processes, reduce downtime, and streamline operations. This results in increased productivity and improved resource allocation.

Challenges and Considerations

While IoT in fleet management offers numerous benefits, it also poses challenges and considerations:

1. Data Security and Privacy

The collection and transmission of sensitive data, including vehicle location and driver behavior, raise concerns about data security and privacy. Robust security measures must be in place to protect this information.

2. Standardization

Interoperability and standardization are essential for ensuring that IoT devices from various manufacturers can communicate effectively. Common protocols and standards are necessary for seamless integration.

3. Regulatory Compliance

The use of IoT in fleet management must adhere to regulatory requirements, particularly regarding driver privacy and data handling.

4. Data Overload

The continuous collection of data from numerous vehicles can result in information overload. Organizations need effective tools for data management and interpretation to extract valuable insights.

5. Workforce Training

The successful adoption of IoT in fleet management often requires workforce training and a cultural shift within organizations.

The Future of IoT in Fleet Management

As technology continues to advance, the future of IoT in fleet management looks promising. Here are some trends and developments to watch for:

1. Artificial Intelligence (AI)

IoT and AI will work together to analyze vast amounts of fleet data, offering insights for predictive maintenance, anomaly detection, and route optimization.

2. Edge Computing

Edge computing, which involves processing data closer to the data source, will become more prevalent. This reduces latency and can be crucial for applications that require rapid decision-making.

3. 5G Connectivity

The rollout of 5G networks will provide faster and more reliable connectivity for IoT devices, enabling real-time data transmission and better support for fleet management applications.

4. Autonomous Vehicles

IoT-enabled fleet management will play a crucial role in the development of autonomous vehicles. These vehicles rely on a multitude of sensors and real-time data for navigation and decision-making.

5. Blockchain Technology

Blockchain can be used to enhance the security and integrity of fleet management data, ensuring that data remains accurate and private.

Conclusion

The Internet of Things is revolutionizing fleet management by providing real-time visibility, predictive insights, and automation. Challenges related to data security, standardization, and workforce training must be addressed to ensure that the benefits of IoT in fleet management are fully realized.

As IoT technology continues to evolve, it will remain a driving force in fleet management, offering a glimpse into a future where organizations have unprecedented control and visibility over their fleets, leading to increased efficiency, cost savings, and improved safety.

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Behavioural change startup tackles shipping’s CO2 emissions with IoT ship data https://iotbusinessnews.com/2023/09/11/99765-behavioural-change-startup-tackles-shippings-co2-emissions-with-iot-ship-data/ Mon, 11 Sep 2023 13:03:56 +0000 https://iotbusinessnews.com/?p=40299 Behavioural change startup tackles shipping’s CO2 emissions with IoT ship data

Seafarers on IoT-enabled vessels will be ‘nudged’ to make sustainable operational decisions in new partnership. Today, behavioural change startup Signol launches a first-of-its kind project with Stolt Tankers to further reduce shipping emissions by using IoT data to help seafarers understand the impact of their actions on overall fuel consumption and CO2 emissions and motivate ...

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Behavioural change startup tackles shipping’s CO2 emissions with IoT ship data

Behavioural change startup tackles shipping’s CO2 emissions with IoT ship data

Seafarers on IoT-enabled vessels will be ‘nudged’ to make sustainable operational decisions in new partnership.

Today, behavioural change startup Signol launches a first-of-its kind project with Stolt Tankers to further reduce shipping emissions by using IoT data to help seafarers understand the impact of their actions on overall fuel consumption and CO2 emissions and motivate them to adopt new behaviours.

By combining sensor data with behavioural change techniques, Stolt Tankers is pioneering a human-centered, tech-enabled approach to improving fuel efficiency and reduce shipping’s environmental impact.

The six-month pilot project will run on seven vessels, using Signol’s data-led service to engage seafarers and motivate them to reduce fuel consumption.

Five of the vessels use continuous monitoring (IoT) data through sensors connected directly into the ship’s power management and automation systems, providing a comprehensive and real-time view of what the crew experiences onboard.

Monitoring data will be used to create fair, achievable behavioural goals linked to three actions carried out on the ships: main and auxiliary engine performance and trim optimisation.

By using real-time IoT data as opposed to static snapshots of a ship’s status (e.g. noon reports), Stolt Tankers and Signol can enable crew and shoreside teams to make more proactive and immediate decisions, leading to improved operational efficiency, reduced fuel consumption, and enhanced safety..

IoT data includes a wider range of data points than noon reports and so provides better insights on the factors affecting whether or not crew members can implement emissions-reducing behaviours.

This depth of insights will help seafarers understand the impact of their actions on overall fuel consumption and CO2 emissions, and provide tools that the Stolt Tankers management team can use to encourage and highlight their crew’s sustainability efforts.

Harriet Johnson, Head of Maritime at Signol says:

“Seafarers are frequently making high-consequence decisions with multiple priorities to consider. Their role needs to be recognised, and the complexities involved in each of these decisions must not only be respected but also aided in a sustainable and positive manner.”

Stolt Tankers’ partnership with Signol supports its continuous improvement programme and sustainability ambition to become a carbon-neutral business by 2050.

Maren Schroeder, Managing Director of Stolt Tankers, says: “For every goal achieved through the system we commit to planting three mangrove saplings at the Stolt Tankers Mangrove Forest in the JBLFMU Ecological Park, the Philippines. Not only will this initiative help us to reach our sustainability ambitions, but it also helps to protect the local ecosystem close to where many of our crews call home..”

Signol’s proven track record consistently shows fuel savings exceeding 5% in the maritime sector, delivering a return on investment in the months after launch without requiring additional capital investment. This model aligns with the needs of shipping companies’ fleet performance and fuel managers who are looking for an effective solution that delivers data-driven insights, measurable results, and a good return on investment.

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Iridium Provides Global Connectivity for XCMG Heavy Equipment https://iotbusinessnews.com/2023/09/06/88060-iridium-provides-global-connectivity-for-xcmg-heavy-equipment/ Wed, 06 Sep 2023 13:18:19 +0000 https://iotbusinessnews.com/?p=40274 Iridium IoT to provide global connectivity for XCMG heavy equipment

Iridium Communications Inc., a leading provider of global voice and data satellite communications, announced today that Xuzhou Construction Machinery Group (XCMG), a leading global heavy original equipment manufacturer (OEM), will deploy Iridium® IoT services on its global fleet of heavy equipment, starting with excavators and expanding to loaders and crane trucks as needed. XCMG will ...

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Iridium IoT to provide global connectivity for XCMG heavy equipment

Iridium IoT to provide global connectivity for XCMG heavy equipment

Iridium Communications Inc., a leading provider of global voice and data satellite communications, announced today that Xuzhou Construction Machinery Group (XCMG), a leading global heavy original equipment manufacturer (OEM), will deploy Iridium® IoT services on its global fleet of heavy equipment, starting with excavators and expanding to loaders and crane trucks as needed.

XCMG will utilize Iridium’s global network to maintain critical connectivity with their heavy equipment in key strategic locations including Australia, Southeast Asia, Latin America, Africa, and Central Asia.

XCMG has chosen Iridium Edge®, a cost-effective, plug-and-play satellite IoT terminal, as it complements terrestrial-based solutions to create a highly reliable connectivity experience worldwide and simplifies implementing Iridium IoT services on their fleet. With easy integration, XCMG can rapidly deploy the terminals to their heavy equipment, allowing them to understand asset condition and performance, efficiently address customer needs, and save on development costs and time to market.

“As a world class OEM, XCMG continues to demonstrate their forward-thinking approach and innovation in the heavy equipment industry,” said Matt Desch, CEO, Iridium.

“By leveraging Iridium’s truly global, weather-resilient satellite connectivity on their machinery, XCMG is enabling a better user experience with advanced, cutting-edge solutions to their customers worldwide.”

As of the second quarter of 2023, Iridium’s commercial IoT subscribers grew by 19% from the year-ago period, reaching 1,578,000 customers, further cementing the company’s place as the premier satellite IoT company. This growth demonstrates the widespread adoption of Iridium’s unmatched coverage, reliability, and ease of integration across various industries.

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The number of connected heavy commercial vehicle charging points in Europe and North America to reach 768,000 by 2030 https://iotbusinessnews.com/2023/07/31/88428-the-number-of-connected-heavy-commercial-vehicle-charging-points-in-europe-and-north-america-to-reach-768000-by-2030/ Mon, 31 Jul 2023 17:39:19 +0000 https://iotbusinessnews.com/?p=40143 The number of connected heavy commercial vehicle charging points in Europe and North America to reach 768,000 by 2030

Berg Insight just released new findings about the market for heavy electric commercial vehicle charging infrastructure in Europe and North America. The total number of connected charging points in Europe is forecasted to grow at a compound annual growth rate (CAGR) of 67 percent from 6,400 in 2022 to 390,000 by the end of 2030. ...

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The number of connected heavy commercial vehicle charging points in Europe and North America to reach 768,000 by 2030

The number of connected heavy commercial vehicle charging points in Europe and North America to reach 768,000 by 2030

Berg Insight just released new findings about the market for heavy electric commercial vehicle charging infrastructure in Europe and North America.

The total number of connected charging points in Europe is forecasted to grow at a compound annual growth rate (CAGR) of 67 percent from 6,400 in 2022 to 390,000 by the end of 2030.

In North America, Berg Insight estimates that the total number of connected charging points will increase from 4,150 in 2022 to reach 378,000 by 2030, growing at a CAGR of 76 percent.

These numbers include both public and non-public charging points. Mega-challenges such as vehicle emissions and climate change continue to encourage investments in electric commercial vehicles and charging infrastructure, contributing to a positive outlook for the market.

The commercial vehicle charging market is served by a variety of players such as electric commercial vehicle OEMs, charge point operators (CPOs), charging equipment manufacturers and software providers. The market is still in its very early stages in both Europe and North America. However, several notable CPOs have initiated projects and pilot charging stations. Circle K, BP Pulse and Milence are among the companies that have opened charging stations or announced plans for heavy commercial vehicle charging infrastructure in Europe. In North America, ChargePoint, Forum Mobility, Greenlane and TeraWatt Infrastructure are making efforts in developing charging networks for heavy-duty electric commercial vehicles.

chart: installed base of connected heavy commercial vehicle charging points Europe and North America 2022-2030

In North America, there are a number of regional as well as international companies marketing DC chargers for commercial vehicles. “ChargePoint is a leading player on the market and is a full-service provider offering hardware, software and CPO services”, said Niclas Palmstromer, IoT Analyst at Berg Insight.

Other major hardware providers serving the region include ABB, Blink Charging, BorgWarner, BTC Power (E.ON), Demand Detroit, Delta Electronics, Kempower and Siemens. In Europe, the market for DC charging solutions is more fragmented than in North America. Prominent actors include ABB, ADS-TEC Energy, Alpitronic, Ekoenergetyka, EVBox, Heliox, Kempower and Siemens.

There are several software specific providers in both regions, offering connectivity solutions for charging. Solutions include fleet management tools, peak shaving and smart charging management. Examples of software specific actors include Ampeco, Driivz, Virta and Noodoe.

Love Meuller, IoT Analyst at Berg Insight, said:

“Connectivity will be crucial for managing the charging process effectively and a vital part of the charging infrastructure for both non-public and public charging.”

This capability enables businesses and charging station operators to have real-time insights into the charging status, availability and performance of charging points. Connected charging points can be closely monitored and controlled, utilizing surplus energy or charging during periods of low energy prices. Software-enabled connectivity also allows for the implementation of advanced load management techniques, optimizing charging processes through algorithms and data analysis.

“This can ensure a controlled power draw, preventing grid overloading and enhancing operational efficiency by reducing charging time for individual vehicles”, added Mr. Mueller.

Moreover, connectivity enables drivers to locate chargers, monitor charging availability, book chargers and manage payments through smartphone apps. Furthermore, the integration of smart grid technologies and demand response strategies presents additional benefits.

“By aligning charging patterns with renewable energy generation, sustainable charging practices can be promoted, reducing dependence on non-renewable energy sources”, concluded Mr. Mueller.

Demand response strategies enable charging to be dynamically adjusted based on grid conditions, which reduces peak demand and further enhances grid stability and energy efficiency.

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The installed base of fleet management systems in South Africa to reach 3.8 million units by 2027 https://iotbusinessnews.com/2023/07/11/56444-the-installed-base-of-fleet-management-systems-in-south-africa-to-reach-3-8-million-units-by-2027/ Tue, 11 Jul 2023 13:11:52 +0000 https://iotbusinessnews.com/?p=40044 The installed base of fleet management systems in Europe will reach 26.5 million by 2027

According to a new research report from the leading IoT analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in South Africa reached an estimated 2.1 million in Q4-2022. Growing at a compound annual growth rate (CAGR) of 12.2 percent, this number is expected to reach 3.8 million ...

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The installed base of fleet management systems in Europe will reach 26.5 million by 2027

The installed base of fleet management systems in South Africa to reach 3.8 million units by 2027

According to a new research report from the leading IoT analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in South Africa reached an estimated 2.1 million in Q4-2022.

Growing at a compound annual growth rate (CAGR) of 12.2 percent, this number is expected to reach 3.8 million by 2027.

South Africa is a relatively mature telematics market and the penetration rate is comparably high from an international perspective. Far from all deployments are however full-scale advanced fleet management solutions. A notable share of the installed fleet telematics systems on the South African market is represented by comparably low-end tracking systems, e.g. light FM solutions, including SVR systems extended with basic FM features.

The South African fleet management market is clearly dominated by five domestic players with broad telematics portfolios that together represent 70 percent of the total number of fleet management systems in use in the country.

Rickard Andersson, Principal Analyst, Berg Insight, said:

“Berg Insight ranks Cartrack, Tracker and MiX Telematics as the largest providers of fleet management solutions in South Africa.”

He adds that Cartrack alone has more than half a million active FM units in the country.

“The remaining top-5 players are Ctrack and Netstar”, continued Mr. Andersson.

chart: installed base of active fleet management units in south africa 2022-2027

Other top-10 players on the South African fleet management market include local providers such as Bidtrack (Bidvest Group), Digicell and GPS Tracking Solutions (Eqstra Fleet Management), as well as international players including Webfleet (Bridgestone) and Gurtam. Lytx, Autotrak, Digital Matter, Scania and Powerfleet (Pointer SA) are additional top-15 providers, all having estimated installed bases of at least 15,000 fleet management units in the country. Players just outside of the top list include Key Telematics/Radius Payment Solutions, Geotab, Mtrack (Electronic Tracking Systems), iCAM Video Telematics, FleetCam and Globaltrack.

“In addition to Scania, comparably large installed bases of OEM fleet telematics systems in South Africa have also been achieved by manufacturers such as Daimler Truck, UD Trucks and Volvo Trucks”, concluded Mr. Andersson.

The new study also includes an outlook on the overall African market. Africa is clearly a highly diverse geographic region from a fleet management perspective. The continent can in general be divided into three subregions – South Africa, Sub-Saharan Africa (excluding South Africa) and Northern Africa. The South African fleet telematics market is far ahead of the rest of the continent in terms of adoption, whereas Sub-Saharan Africa is the least developed region if excluding South Africa. Northern Africa is comparably advanced and well ahead of Sub-Saharan Africa when it comes to fleet telematics penetration, though still quite a bit behind South Africa.

The African fleet management market beyond South Africa is by many industry representatives described as challenging. The weak economic conditions and foreign exchange rate fluctuations in combination with the unstable political climate make the Rest of Africa market a challenging business environment overall. There are however promising prospects for players adapting to the local market dynamics as the Rest of Africa market has considerably more untapped opportunity than what South Africa can offer at this stage.

Download report brochure: Fleet Management in South Africa

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The installed base of material handling equipment telematics systems in Europe and North America to exceed 3 million units by 2027 https://iotbusinessnews.com/2023/07/05/52025-the-installed-base-of-material-handling-equipment-telematics-systems-in-europe-and-north-america-to-exceed-3-million-units-by-2027/ Wed, 05 Jul 2023 11:03:04 +0000 https://iotbusinessnews.com/?p=40005 The installed base of material handling equipment telematics systems in Europe and North America to exceed 3 million units by 2027

Berg Insight, the leading IoT market research provider, today released a new market study covering the material handling equipment (MHE) telematics market. An increasing share of material handling equipment such as forklifts are now equipped with telematics-enabled fleet management systems. Europe and North America represent advanced telematics markets in this segment. Berg Insight estimates that ...

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The installed base of material handling equipment telematics systems in Europe and North America to exceed 3 million units by 2027

The installed base of material handling equipment telematics systems in Europe and North America to exceed 3 million units by 2027

Berg Insight, the leading IoT market research provider, today released a new market study covering the material handling equipment (MHE) telematics market.

An increasing share of material handling equipment such as forklifts are now equipped with telematics-enabled fleet management systems. Europe and North America represent advanced telematics markets in this segment. Berg Insight estimates that the installed base of active material handling equipment telematics systems in Europe reached more than 0.9 million units in 2022. Growing at a compound annual growth rate (CAGR) of 16.6 percent, the active installed base is forecasted to reach 2.0 million units in Europe by 2027.

In North America, the installed base of active material handling equipment telematics systems is estimated to over 0.5 million units in 2022. The active installed base is forecasted to grow at a compound annual growth rate (CAGR) of 17.8 percent to reach 1.2 million material handling equipment telematics systems in North America in 2027.

graphic: installed base of material handling equipment telematics systems EU+NAM 2022-2027

“Material handling equipment telematics systems have been offered by equipment manufacturers and aftermarket providers alike for decades”, said Rickard Andersson, Principal Analyst, Berg Insight. He adds that Berg Insight ranks Linde Material Handling (KION Group) and Toyota Material Handling (Toyota Industries) as the largest providers of material handling equipment telematics solutions. Including the sister brands STILL (KION Group) and Raymond (Toyota Industries) respectively, both groups have installed bases of several hundred thousand units deployed on forklifts and similar. “Toyota Industries and KION are also established as the leading manufacturers of forklifts”, continued Mr. Andersson.

Additional top players include Jungheinrich and Crown Equipment, both having estimated installed bases of over 100,000 active units, followed by Speedshield Technologies which is primarily a supplier to Hyster-Yale Group (HYG). Other leading aftermarket solution providers include Powerfleet and GemOne.

“Diverse players such as Davis Derby, EC2E, Collective Intelligence, Komatsu, Litum, Kiwitron and ELOKON are also active in this space, all having installed bases of more than 10,000 units for material handling equipment such as forklifts”, concluded Mr. Andersson.

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The ITS market for electric buses in Europe and North America to reach € 355 million by 2027 https://iotbusinessnews.com/2023/05/25/04352-the-its-market-for-electric-buses-in-europe-and-north-america-to-reach-e-355-million-by-2027/ Thu, 25 May 2023 14:00:48 +0000 https://iotbusinessnews.com/?p=39781 The public transport ITS market in Europe and North America to reach € 4.3 billion by 2027

Berg Insight today released new findings about the market for Intelligent Transport Systems (ITS) for electric buses. The market value for electric bus ITS deployed in European public transport operations was € 57.1 million in 2022. Growing at a compound annual growth rate (CAGR) of 39 percent, this number is expected to reach € 297.2 ...

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The public transport ITS market in Europe and North America to reach € 4.3 billion by 2027

The ITS market for electric buses in Europe and North America to reach € 355 million by 2027

Berg Insight today released new findings about the market for Intelligent Transport Systems (ITS) for electric buses.

The market value for electric bus ITS deployed in European public transport operations was € 57.1 million in 2022. Growing at a compound annual growth rate (CAGR) of 39 percent, this number is expected to reach € 297.2 million by 2027. The North American market for electric bus ITS is similarly forecasted to grow at a CAGR of 30 percent from € 15.5 million in 2022 to reach € 58.2 million in 2027.

Berg Insight is of the opinion that the market for ITS solutions for electric buses is in a growth phase which will last for several years to come. Mega-challenges such as urbanisation, climate change and traffic congestion continue to encourage investments in electric buses and ITS, contributing to a positive outlook for the market.

Some ITS players offer complete turnkey solutions including functionality for most of the ITS applications for electric buses utilised by public transport operators, but many vendors on the market are also specialised ITS players focusing on a few sub-systems. Major international ITS players such as INIT, IVU, Clever Devices and Trapeze can provide turnkey solutions, including solutions for electric buses. ITS providers are beginning to see larger scale implementations of electric bus fleets after several years of mostly pilot projects with only a few vehicles each.

One of the leading telematics providers in Europe and North America for electric buses is ChargePoint, following its acquisition of Dutch ViriCiti in 2021. ChargePoint has increased its footprint in the fleet segment significantly and added both hardware and software solutions for the management of buses to its portfolio of charging station hardware, software and services. Other important vendors serving public transport companies with different types of solutions include the French group EQUANS through the subsidiary Ineo Systrans, as well as the Scandinavian companies Consat Telematics, FARA and Saga Tenix. The Canadian company GIRO is an important player in the scheduling and planning segment, while PSI Transcom is a prominent provider of depot and charging management software in Europe.

“Implementations of electric bus fleets are really starting to take off and there are already several cities in Europe with fleets operating over 100 electric buses”, said Caspar Jansson, IoT Analyst, Berg Insight.

chart: market value of public transport ITS for electric buses EU+NAM 2022-2027

The integration of electric buses and charging stations increases the need for ITS solutions connecting all the necessary infrastructure including electric buses, charging stations and depots. Many operators and agencies start by investing in a basic monitoring solution, but as the bus fleets go from pilot projects to larger deployments, the actors need to complement with additional subsystems for dispatching, scheduling, charging station management and depot management.

Mr. Jansson concluded:

“Operators face greater complexity with large electric vehicle fleets. Optimizing routes and supplying the required energy at the right time to the right vehicle is significantly easier with a modern ITS solution for electrified fleets.”

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The installed base of video telematics systems in North America and Europe to exceed 11 million units by 2027 https://iotbusinessnews.com/2023/04/21/09781-the-installed-base-of-video-telematics-systems-in-north-america-and-europe-to-exceed-11-million-units-by-2027/ Fri, 21 Apr 2023 09:47:20 +0000 https://iotbusinessnews.com/?p=39601 The installed base of video telematics systems in North America and Europe to reach 15 million units by 2028

Berg Insight, the leading IoT market research provider, today released a new market study covering the video telematics market. The integration of cameras to enable various video-based solutions in commercial vehicle environments is a massive trend in the fleet telematics sector. Berg Insight’s definition of video telematics includes a broad range of camera-based solutions deployed ...

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The installed base of video telematics systems in North America and Europe to reach 15 million units by 2028

The installed base of video telematics systems in North America and Europe to exceed 11 million units by 2027

Berg Insight, the leading IoT market research provider, today released a new market study covering the video telematics market.

The integration of cameras to enable various video-based solutions in commercial vehicle environments is a massive trend in the fleet telematics sector.

Berg Insight’s definition of video telematics includes a broad range of camera-based solutions deployed in commercial vehicle fleets either as standalone applications or as an added feature set to conventional fleet telematics.

The frontrunning North American video telematics market is more than three times the size of the European, which is so far largely dominated by activities in the UK. Berg Insight estimates that the installed base of active video telematics systems in North America reached almost 3.9 million units in 2022. Growing at a compound annual growth rate (CAGR) of 18.0 percent, the active installed base is forecasted to reach 8.8 million units in North America by 2027.

In Europe, the installed base of active video telematics systems is estimated to over 1.1 million units in 2022. The active installed base in the region is forecasted to grow at a CAGR of 17.9 percent to reach 2.5 million video telematics systems in 2027.

The video telematics market is served by a number of different types of players, ranging from specialists focused specifically on video telematics solutions, to general fleet telematics players which have introduced video offerings, and hardware-focused suppliers offering mobile digital video recorders (DVRs) and vehicle cameras used for video telematics.

“Berg Insight ranks Streamax, Lytx and Samsara as the leading video telematics players in their respective categories”, said Rickard Andersson, Principal Analyst, Berg Insight. He adds that Streamax is the leading hardware provider, having more than 2.4 million mobile DVRs installed in vehicles worldwide to date. The company also offers software dashboards which are widely used together with its devices.

chart: installed base video telematics systems EU+NAM 2022-2027

Mr. Andersson continued:

“Lytx has the largest number of video telematics subscriptions, while Samsara stands out among the general fleet telematics players with a significant number of camera units deployed across its subscriber base.”

Additional sizeable players in this space include the new channel-focused brand Sensata INSIGHTS (including the acquired video telematics company SmartWitness), the fleet management player Motive (formerly KeepTruckin), the hardware-focused video telematics company Howen, and the fleet management provider Solera Fleet Solutions (which acquired the commercial vehicle telematics pioneer Omnitracs including the video safety specialist SmartDrive).

“The remaining top-10 players are Netradyne, Nauto and VisionTrack which all have a primary focus on camera-based solutions specifically”, said Mr. Andersson. Other noteworthy players competing in the video telematics space include video-focused solution providers such as Bendix (SafetyDirect by Bendix CVS), Idrive, SureCam, LightMetrics, Waylens, Seeing Machines and CameraMatics; fleet telematics players including Trimble, Matrix iQ, MiX Telematics, Forward Thinking Systems, Radius Telematics, ISAAC Instruments, Azuga, Microlise, Trakm8 and AddSecure Smart Transport; as well as the hardware-focused supplier Pittasoft (BlackVue). “These players have all reached estimated installed bases in the tens of thousands”, concluded Mr. Andersson.

Download report brochure: The Video Telematics Market

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Clevon Chooses T‑Mobile to Power Autonomous Robot Fleet https://iotbusinessnews.com/2023/04/18/05463-clevon-chooses-t%e2%80%91mobile-to-power-autonomous-robot-fleet/ Tue, 18 Apr 2023 14:31:07 +0000 https://iotbusinessnews.com/?p=39595 Clevon Chooses T‑Mobile to Power Autonomous Robot Fleet

T‑Mobile helps drive the future of deliveries across the U.S. What’s the news: Clevon, an Estonian-based global autonomous delivery innovator, has selected T-Mobile as its preferred provider for IoT connectivity and management in the U.S. Why it matters: The future of autonomous deliveries is here with Clevon’s fleet of Autonomous Robot Carriers (ARCs) and T-Mobile ...

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Clevon Chooses T‑Mobile to Power Autonomous Robot Fleet

Clevon Chooses T‑Mobile to Power Autonomous Robot Fleet

T‑Mobile helps drive the future of deliveries across the U.S.

  • What’s the news: Clevon, an Estonian-based global autonomous delivery innovator, has selected T-Mobile as its preferred provider for IoT connectivity and management in the U.S.
  • Why it matters: The future of autonomous deliveries is here with Clevon’s fleet of Autonomous Robot Carriers (ARCs) and T-Mobile IoT will help reduce the time it takes to launch commercial delivery services from months…to days.
  • Who it’s for: Global businesses considering T-Mobile IoT to connect and manage autonomous carriers, robots and devices ― AND businesses looking for efficient, affordable and environmentally sustainable last-mile delivery services.

Today, Clevon named T-Mobile as the preferred connectivity provider for its fleet of Autonomous Robot Carriers (ARCs) in the United States.

Under the long-term deal, T-Mobile will provide IoT solutions for Clevon’s latest ARC — the all-electric, multifunctional CLEVON 1. Clevon will rely on T-Mobile’s award-winning network and IoT solutions to help power reliable, safe and efficient fleet operations for on-demand driverless delivery services.

It might sound like the future, but Clevon has been making driverless deliveries in Europe for years. And now that the company can operate on U.S. public roads ― retailers, grocery stores, logistics providers and more can look forward to loading up a CLEVON 1 with orders and delivering them straight to customers’ doors. It’s not magic, but it seems like it! Here’s how it works: cameras, radar and other sensors in the CLEVON 1 provide data for rapid mapping and remote operating capabilities. Then, layer in autonomous driving technologies, all connected by T-Mobile IoT and the future is here ― making these services more efficient, affordable and environmentally sustainable than before.

“Today marks a significant milestone for Clevon,” said Sander Sebastian Agur, CEO, Clevon.

“By choosing T-Mobile, we are partnering with a best-in-class wireless provider that will enable us to scale our mission to deliver the most reliable, safe and efficient autonomous delivery platform. Together, we can make the promise of autonomous last-mile commercial deliveries in the U.S. a reality today.”

“The last-mile delivery market is expected to grow almost five times to $57 billion in the next six years, so it’s thrilling to work with Clevon, one of the industry’s pioneers,” said Callie Field, President, T-Mobile Business Group. “The significant work we’re doing together demonstrates a shared passion and responsibility for improving lives, safety and the environment.”

The CLEVON 1 is designed to collect orders at warehouses, retail stores, dark stores and micro fulfillment centers and then deliver those goods to consumers and businesses. The CLEVON 1 is so efficient, it can serve up to six destinations in a single trip. Now, with T-Mobile, Clevon will be able to:

  • Reduce the time it takes to prepare commercial services, via mapping and routing — from months, to just days
  • Increase accuracy for customers when initiating pickups and drop-offs in new communities
  • Leverage T-Mobile IoT to support its autonomous driving and remote operations capabilities

In 2020, Clevon became the first company to offer commercial autonomous delivery services and operate ARCs on European public roads. Today’s announcement reinforces Clevon’s continued growth trajectory and business momentum in the U.S. This includes the launch of its North American Center of Excellence in Fort Worth, Texas and its first North American autonomous delivery with the CLEVON 1 at the AllianceTexas Mobility Innovation Zone (MIZ).

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The installed base of fleet management systems in Australia and New Zealand to exceed 2.3 million units by 2026 https://iotbusinessnews.com/2022/12/19/56358-the-installed-base-of-fleet-management-systems-in-australia-and-new-zealand-to-exceed-2-3-million-units-by-2026/ Mon, 19 Dec 2022 18:51:25 +0000 https://iotbusinessnews.com/?p=38948 The installed base of fleet management systems in Australia and New Zealand will exceed 2.4 million units by 2027

The number of active fleet management systems deployed in commercial vehicle fleets in Australia and New Zealand was around 1.3 million units in Q4-2021 according to a new research report from the leading IoT analyst firm Berg Insight. Growing at a compound annual growth rate (CAGR) of 12.5 percent, this number is expected to reach ...

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The installed base of fleet management systems in Australia and New Zealand will exceed 2.4 million units by 2027

The installed base of fleet management systems in Australia and New Zealand to exceed 2.3 million units by 2026

The number of active fleet management systems deployed in commercial vehicle fleets in Australia and New Zealand was around 1.3 million units in Q4-2021 according to a new research report from the leading IoT analyst firm Berg Insight.

Growing at a compound annual growth rate (CAGR) of 12.5 percent, this number is expected to reach more than 2.3 million units by 2026. A large number of vendors are active on the fleet management market in Australia and New Zealand. The top-15 players in the region together account for over 60 percent of the active units on the market, and more than a third is represented by the top-5 alone.

“A wide variety of players serve the fleet telematics market in Australia and New Zealand, ranging from small local vendors to leading international solution providers”, said Rickard Andersson, Principal Analyst, Berg Insight.

Berg Insight still ranks US-based Teletrac Navman (part of Vontier) as the largest provider of fleet management solutions in the region, followed closely by New Zealand-based EROAD (including Coretex acquired in 2021) and Australia-based MTData (owned by Telstra).

Mr. Andersson continued:

“Teletrac Navman was the first to reach 100,000 units in the region and this milestone has now also been achieved by EROAD and MTData.”

graphic: installed base of fleet management units Australia+New Zealand 2021-2026

He adds that the remaining top-5 solution providers in the region are US-based Verizon Connect and Netstar Australia. Other notable vendors with comparably sizeable subscriber bases in the region include local solution providers such as Australia-based Fleetsu (now Rand McNally), IntelliTrac and Linxio and New Zealand-based Smartrak (Constellation Software), as well as international players including South Africa-based MiX Telematics and Canada-based Fleet Complete. The latter entered the region through the acquisition of Geotab’s reseller Securatrak. Additional top-15 players in Australia and New Zealand are Webfleet (Bridgestone), Procon Telematics, Digital Matter and Sensium. Solution vendors just outside of Berg Insight’s top list moreover include Simply Unified, TrackIt, Directed Electronics Australia, Fleetdynamics by Fleetcare and Inseego.

“Directed Electronics Australia notably works with a large number of commercial vehicle OEMs on the local market”, concluded Mr. Andersson.

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The installed base of fleet management systems in Europe will reach 25 million by 2026 https://iotbusinessnews.com/2022/12/15/39515-the-installed-base-of-fleet-management-systems-in-europe-will-reach-25-million-by-2026/ Thu, 15 Dec 2022 13:39:56 +0000 https://iotbusinessnews.com/?p=38922 The installed base of fleet management systems in Europe will reach 26.5 million by 2027

The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 13.2 million at the end of 2021, according to a new research report from the IoT analyst firm Berg Insight. Growing at a compound annual growth rate (CAGR) of 13.6 percent, this number is expected to reach 25.0 million by ...

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The installed base of fleet management systems in Europe will reach 26.5 million by 2027

The installed base of fleet management systems in Europe will reach 25 million by 2026

The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 13.2 million at the end of 2021, according to a new research report from the IoT analyst firm Berg Insight.

Growing at a compound annual growth rate (CAGR) of 13.6 percent, this number is expected to reach 25.0 million by 2026.

The top-34 vendors have today more than 100,000 active units in Europe. Webfleet’s subscriber base has grown both organically and by acquisitions during the past years and the company is the clear market leader on the European market and reached an installed base of about 700,000 units at year-end 2021. Berg Insight ranks Targa Telematics as the second largest player in terms of active installed base with around 645,000 units. Verizon Connect is in third place and had achieved an installed base of an estimated 478,000 units. Scania and ABAX follow and have reached 363,000 units and 349,000 units respectively. Calamp, Gurtam, Radius Telematics, Bornemann and Michelin Connected Fleet are also ranked among the ten largest providers with 250,000–320,000 units each. Some notable players just outside of the top ten list are AddSecure Smart Transport, Transics, Viasat, Quartix, Océan (Orange), GSGroup, Daimler Truck, Teletrac Navman, Fleet Complete, Macnil, Volvo, Microlise, Linqo, RAM Tracking, MAN, Cartrack, Trimble, Geotab, Eurowag Telematics, Infobric Fleet and Inseego.

The HCV manufacturers are now growing their subscriber bases considerably in Europe thanks to standard line fitment of fleet management solutions. Dynafleet by Volvo, FleetBoard by Daimler Truck and Scania Fleet Management are the most successful with active subscriber bases of 145,000 units, 156,000 units and 363,000 units respectively at the end of 2021.

graphic: installed base active fleet management units EU27+3 2020-2026

The consolidation trend on this market continued in 2022. Johan Fagerberg, Principal Analyst, Berg Insight, said:

“Seven mergers and acquisitions have taken place so far this year among the vendors of fleet management systems in Europe.”

In January, Infobric Group acquired Total Car’s logbook and driver journal business. Zucchetti Group divested its share in Macnil back to the founders that now own 100 percent. In July, the W.A.G. Payment Solutions (Eurowag) Group completed an acquisition of substantially all of the assets of WebEye. MiX Telematics acquired Trimble’s Field Service Management’s (FSM) business in August. FSM will add more than 40,000 subscribers to MiX’s subscriber base. In August, ABAX acquired the fleet business of Connected Cars in Denmark. In September, Main Capital Partners acquired a majority share in FleetGO and at the same time also Wanko. The two companies will merge into a comprehensive logistics software group called FleetGO Group. Finally, Eurowag announced in October the acquisition of INELO Group from Innova Capital. The transaction will expand Eurowag’s geographic footprint across 16 European markets and roughly double its base of telematics devices. Mr. Fagerberg anticipates that the market consolidation of the still overcrowded industry will continue in 2023.

Download report brochure: Fleet Management in Europe

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The installed base of fleet management systems in the Americas to reach 34 million units by 2026 https://iotbusinessnews.com/2022/11/29/85457-the-installed-base-of-fleet-management-systems-in-the-americas-to-reach-34-million-units-by-2026/ Tue, 29 Nov 2022 12:46:05 +0000 https://iotbusinessnews.com/?p=38840 The installed base of video telematics systems in North America and Europe to reach 15 million units by 2028

According to a new report from the leading IoT market research provider Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in North America was 13.7 million in Q4-2021. Growing at a compound annual growth rate (CAGR) of 13.7 percent, this number is expected to reach 26.0 million by 2026. ...

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The installed base of video telematics systems in North America and Europe to reach 15 million units by 2028

The installed base of fleet management systems in the Americas to reach 34 million units by 2026

According to a new report from the leading IoT market research provider Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in North America was 13.7 million in Q4-2021.

Growing at a compound annual growth rate (CAGR) of 13.7 percent, this number is expected to reach 26.0 million by 2026. In Latin America, the number of active fleet management systems is expected to grow at a CAGR of 12.6 percent from 4.7 million in Q4-2021 to reach 8.5 million in 2026.

There are now more than 30 players with installed bases of at least 100,000 active fleet management units in the Americas. At the end of 2021, the top-30 vendors together had 13 million vehicles under management in the region and the top-10 alone represented 50 percent of the total installed base in the Americas.

“Geotab and Verizon Connect are the leading fleet telematics providers in the Americas”, said Rickard Andersson, Principal Analyst, Berg Insight. The frontrunner Geotab has well over 2 million active fleet management subscribers in the region. “The remaining top-5 players are Trimble and Solera Fleet Solutions, both active in the industry for decades, as well as the relative newcomer Samsara”, continued Mr. Andersson. He adds that additional solution providers with more than half a million units include Motive (formerly KeepTruckin), Lytx and Zonar Systems (Continental). The remaining top-15 players include Gurtam, Fleet Complete, Michelin, CalAmp, Bridgestone, Teletrac Navman and Powerfleet.

“The world leading tire manufacturers Michelin and Bridgestone as well as Continental have all established strong positions in the fleet management space through acquisitions”, said Mr. Andersson.

installed base of active fleet management units Americas 2021-2026

Driven by growth strategies based on M&A activity and high-pace organic growth, Berg Insight anticipates a future scenario where the global fleet management market is dominated by a handful of providers with installed bases measured in the millions. The milestone of one million connected units has already been surpassed by over ten solution providers.

Mr. Andersson concluded:

“Four of the vendors have reached two million units and two players has even surpassed the three million mark.”

Download report brochure: Fleet Management in the Americas

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Carsharing on the rise but performance varies among regional markets https://iotbusinessnews.com/2022/11/10/87351-carsharing-on-the-rise-but-performance-varies-among-regional-markets/ Thu, 10 Nov 2022 16:43:23 +0000 https://iotbusinessnews.com/?p=38734 The rental and leasing car telematics market is expected to grow at a CAGR of 17.6 percent in the next 5 years

According to a new research report by IoT analyst firm Berg Insight, the number of users of carsharing services worldwide is forecasted to grow from 86.0 million people in 2021 at a compound annual growth rate (CAGR) of 21.1 percent to reach 224.3 million people in 2026. Berg Insight forecasts that the number of vehicles ...

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The rental and leasing car telematics market is expected to grow at a CAGR of 17.6 percent in the next 5 years

Carsharing on the rise but performance varies among regional markets

According to a new research report by IoT analyst firm Berg Insight, the number of users of carsharing services worldwide is forecasted to grow from 86.0 million people in 2021 at a compound annual growth rate (CAGR) of 21.1 percent to reach 224.3 million people in 2026.

Berg Insight forecasts that the number of vehicles used for carsharing services will grow at a CAGR of 12.5 percent from 539,000 at the end of 2021 to 973,000 at the end of 2026. The carsharing fleet grew 2.2 percent worldwide in 2021 and performance varied on regional level.

Martin Cederqvist, IoT analyst at Berg Insight, said:

“While the Covid-19 pandemic has created challenges for carsharing operators in China, the European market continues to show good uptake and grew 21 percent in terms of fleet size in 2021.”

The South American and Middle Eastern markets have grown rapidly in the past year. The North American market has struggled in recent years, but partly recovered in 2021 when the total fleet size increased by 16.2 precent while membership decreased by 4.3 percent.

CarSharing Organisations (CSOs) offer members access to a fleet of shared cars 24/7 from unattended self-service locations. Usage is billed by the minute/hour and by distance driven, with rates that include fuel, insurance and maintenance. Today, most CSOs use station-based networks with roundtrip rental. This operational model requires members to return a vehicle to the same designated station from which it was accessed.

Another model that is rapidly gaining in popularity is free floating carsharing, which enables members to pick up and drop off cars anywhere within a designated area. In recent years, a number of CSOs have also experimented with hybrid models of roundtrip rentals and free floating carsharing. Some CSOs also offer one-way carsharing that enables users to return the car to any station operated by the CSO.

“During the COVID-19 pandemic, CSOs adjusted their offers to meet new mobility needs of their customers such as longer rentals, short trips replacing public transport and taxi as well as an increased demand for roundtrip rentals as a replacement for car ownership”, said Mr. Cederqvist.

A connected fleet and specialized software platforms are today necessary to run a carsharing business covering operational activities ranging from management of in-vehicle equipment, fleet management, booking management, billing, as well as operations supervision via dashboards and data analytics. While some CSOs are using in-house developed hardware and software solutions for their operations, the majority sources these kinds of products and services from specialised technology vendors.

Some of the vendors offer an end-to-end solution including both telematics equipment and software platforms while other vendors focus on one of the areas. Leading vendors of hardware and software telematics platforms enabling carsharing services include INVERS, Convadis, Continental, Octo Telematics, Vulog, Mobility Tech Green, Targa Telematics and Glide.io.

graphic: carsharing members 2021-2026

Carsharing services are offered by specialist carsharing companies, car rental companies, leasing companies, carmakers, as well as other players such as public transport operators. Examples of leading CSOs owned by carmakers include Free2Move (owned by Stellantis), Volvo On Demand (Volvo Car Mobility), Wible (owned by Kia) and Toyota (Kinto Share).

“In recent years, a few carmakers have exited the carsharing market. BMW and Daimler left the market when they sold their joint venture SHARE NOW to Stellantis in 2022. Similarly, Volkswagen left the market in November 2022 as the carsharing service WeShare was acquired by the German CSO Miles. Stellantis now runs the leading carsharing operator in the car OEM segment Free2Move where SHARE NOW was incorporated in 2022”, said Mr. Cederqvist.

Sixt Share (owned by Sixt), Zipcar (owned by Avis Budget Group) and LeasysGO! (owned by Leasys) are examples of carsharing companies owned by car rental and leasing players. Specialised CSOs include Times Car Plus in Japan, Socar in South Korea, Liandong Cloud and EvCard in China, Enjoy in Italy, Mobility Carsharing in Switzerland, Stadtmobil, Flinkster, Miles and Cambio in Germany, Communauto in Canada and GoGet in Australia.

“The top 25 carsharing service providers accounted for about 71 percent of the carsharing members and managed close to 61 percent of the carsharing fleet worldwide at the end of 2021”, concluded Mr. Cederqvist.

Download report brochure: The Carsharing Telematics Market

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The public transport ITS market in Europe and North America to reach € 3.9 billion by 2026 https://iotbusinessnews.com/2022/09/29/46043-the-public-transport-its-market-in-europe-and-north-america-to-reach-e-3-9-billion-by-2026/ Thu, 29 Sep 2022 10:55:18 +0000 https://iotbusinessnews.com/?p=38502 The public transport ITS market in Europe and North America to reach € 4.3 billion by 2027

Berg Insight, the world’s leading IoT market research provider, today released new findings about the market for Intelligent Transport Systems (ITS). The estimated market value for ITS deployed in public transport operations in Europe was € 2.12 billion in 2021. Growing at a compound annual growth rate (CAGR) of 5.8 percent, this number is expected ...

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The public transport ITS market in Europe and North America to reach € 4.3 billion by 2027

The public transport ITS market in Europe and North America to reach € 3.9 billion by 2026

Berg Insight, the world’s leading IoT market research provider, today released new findings about the market for Intelligent Transport Systems (ITS).

The estimated market value for ITS deployed in public transport operations in Europe was € 2.12 billion in 2021. Growing at a compound annual growth rate (CAGR) of 5.8 percent, this number is expected to reach € 2.81 billion by 2026. The North American market for public transport ITS is similarly forecasted to grow at a CAGR of 8.1 percent from € 0.76 billion in 2021 to reach € 1.12 billion in 2026.

Berg Insight is of the opinion that the market for ITS in public transport is in a growth phase which will continue throughout the forecast period. A growing awareness among public transport providers of the various benefits of ITS along with increasing demands from travellers for convenience and accessible real-time information contribute to a positive market situation. In addition, governments in both Europe and North America see public transport as a prioritised area for investment. For instance, the US Bipartisan Infrastructure Law, passed in November 2021, has allocated up to US$ 108 billion for investments in the modernisation of public transport between 2022 and 2026.

A group of international aftermarket solution providers have emerged as leaders on the market for public transport ITS. Major providers across Europe and North America include Canada-based Trapeze Group and Germany-based INIT with significant installed bases in both regions. Clever Devices and Conduent hold leading positions on the North American public transport ITS market. The former has expanded into Europe with an acquisition and the latter is an international provider of fare collection systems. Additional companies with notable market shares in North America include Cubic Transportation Systems and Avail Technologies.

Examples of major vendors on national markets in Europe include EQUANS and RATP Smart Systems, which hold leading positions in France, and IVU, which is an important player primarily in the German-speaking part of Europe. Vix Technology, Flowbird and Ticketer are moreover major providers on the UK market. Other significant players include the Spanish groups GMV, Indra and Grupo ETRA; French Thales; Atron in Germany; Scandinavian FARA and Consat Telematics; and Austria-based Swarco and Kontron Transportation. Volvo Group and Daimler are moreover notable players from the vehicle OEM segment, while companies such as Scania, Iveco, Gillig and New Flyer also offer some conventional OEM telematics features for their buses.

chart: market value public transport ITS EU+NAM 2021-2026

Caspar Jansson, IoT Analyst at Berg Insight, said:

“The penetration rate of on-board computers featuring GPS location functionality and wireless communications has now reached very high levels, especially in urban areas in North America and Western Europe”

The Mediterranean countries and Eastern Europe are working on catching up. “This development was reinforced by the COVID-19 pandemic”, continued Mr. Jansson. He adds that because of the pandemic, an accelerated adoption of modern ITS solutions can be seen as a way to comply with the restrictions on human contact and to reduce the complexity of using public transport. “Many operators have for example installed new contactless ticketing solutions and passenger counting systems over the last two years, to make the lives of commuters easier”, concluded Mr. Jansson.

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AWS Announces General Availability of AWS IoT FleetWise https://iotbusinessnews.com/2022/09/28/07805-aws-announces-general-availability-of-aws-iot-fleetwise/ Wed, 28 Sep 2022 08:03:03 +0000 https://iotbusinessnews.com/?p=38482 Key Features to Look For When Selecting a Cloud Management Platform

New service makes it easier for automotive companies to collect, transform, and transfer vehicle data to the cloud in near real time, enabling improved vehicle quality and autonomy Bridgestone, Hyundai Motor Group, LG CNS, and Renesas Electronics Corporation among customers using AWS IoT FleetWise Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, today announced ...

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Key Features to Look For When Selecting a Cloud Management Platform

IoT cloud

  • New service makes it easier for automotive companies to collect, transform, and transfer vehicle data to the cloud in near real time, enabling improved vehicle quality and autonomy
  • Bridgestone, Hyundai Motor Group, LG CNS, and Renesas Electronics Corporation among customers using AWS IoT FleetWise

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, today announced the general availability of AWS IoT FleetWise, a new service that makes it easier for automotive companies to collect, transform, and transfer vehicle data to the cloud in near real time.

Automakers, suppliers, fleet operators, and technology solution vendors in the automotive industry can use AWS IoT FleetWise to collect and organize vehicle data more easily, and to store the data in a standardized way for data analysis in the cloud.

AWS IoT FleetWise helps automotive companies efficiently transfer data to the cloud in near real time using the service’s intelligent data-collection capabilities. These capabilities allow developers to reduce the amount of data transferred to the cloud by defining rules for when to collect and transfer it based on configurable parameters (e.g., vehicle temperature, speed, and type). Once the data is in the cloud, automotive companies can use it for applications that analyze vehicle fleet health to more quickly identify potential recalls or safety issues, make in-vehicle infotainment systems smarter, or improve advanced technologies like autonomous driving and advanced driver-assistance systems with analytics and machine learning. There are no upfront costs to use AWS IoT FleetWise, and customers pay only for the underlying services used.

“Automotive companies want to use the broad portfolio of AWS services to help manage the vast amounts of data coming from connected vehicles, but they have lacked a solution that made it easier to collect, transform, and transfer data to the cloud,” said Mike Tzamaloukas, general manager of IoT automotive at AWS.

“Now, with AWS IoT FleetWise, customers can easily pinpoint the exact vehicle data they need and analyze it in a standardized format to gain actionable insights into the vehicle’s health status and performance. Automotive companies can now use the data extracted through AWS IoT FleetWise to help improve vehicle quality, safety, and autonomy.”

Automotive companies have been collecting data from basic vehicle sensors for over a decade to evaluate operational and safety indicators like engine temperature and vehicle stability. Automotive companies today are building vehicles with advanced sensors (e.g., radar and cameras) that create vast amounts of data—in some cases up to 2 terabytes of data every hour.

Automotive customers want to collect, standardize, and analyze this data in the cloud to quickly and easily derive insights that can help improve vehicle quality, safety, and autonomy. However, transferring this data to the cloud can be cost prohibitive and time consuming. Additionally, the growing variety of vehicle makes, models, and trims that generate data in different proprietary formats creates a complex array of data across vehicles. Collecting, transforming, and analyzing this data requires automotive companies to build custom data-collection systems, which is difficult and time-consuming. As a result, automotive companies are unable to use the data to help solve common problems like spotting fleet-wide issues before they become a bigger problem, tailoring infotainment content, and using data to improve vehicle performance.

AWS IoT FleetWise provides automotive companies with a managed service that makes it easier to collect, transform, and transfer data from millions of vehicles to the cloud in near real time. With AWS IoT FleetWise, automotive companies can access, structure, and standardize proprietary vehicle data without needing to develop custom data-collection systems. Customers can also integrate with AWS IoT FleetWise to enhance their existing systems. Automotive companies can get started in the AWS Management Console by defining and modeling vehicle attributes (e.g., a two-door coupe) and the sensors associated with the car’s make, model, and trims (e.g., engine temperature, front-impact warning, parking assist system) for individual vehicle types or multiple vehicle types across their entire fleet. After vehicle modeling, automotive companies can connect the AWS IoT FleetWise application via the vehicle gateway (i.e., in-vehicle communications hub that monitors and collects data) or other data collection hubs in the vehicle, so it can read, decode, and transmit information to and from AWS.

With AWS IoT FleetWise’s intelligent data-collection controls, automotive companies can select the exact data they need for their use cases and limit the amount of data transferred to the cloud by creating conditional rules (e.g., sensor data from hard-braking events associated with a vehicle make and model). Once data is transferred to the cloud with AWS IoT FleetWise, automotive companies can use AWS’s breadth and depth of analytics and machine learning services to extract value from vehicle data. For example, automotive companies can collect data from electric-vehicle batteries when the temperature drops below freezing and then analyze it and run simulations in the cloud to improve battery performance in cold weather.

The new AWS IoT FleetWise service is part of AWS for Automotive, a comprehensive offering of AWS services and AWS Partner Network (APN) solutions used by automotive and mobility customers globally to help automotive customers digitally transform their business for connected mobility, digital customer engagement, product design and engineering, manufacturing, and supply chain. For more information about AWS for Automotive, visit aws.com/automotive.

AWS IoT FleetWise with standard vehicle data collection is generally available today in US East (N. Virginia) and Europe (Frankfurt), with availability in additional AWS Regions coming soon.

Bridgestone is a global leader in tires and rubber, offering a diverse portfolio of premium tires and advanced solutions, improving the way people around the world move, live, work, and play. “Bridgestone has been working with AWS to transform the digital services we provide to our automotive manufacturer, fleet, and retail customers,” said Brian Goldstine, president, mobility solutions and fleet management at Bridgestone Americas, Inc. “We look forward to exploring how AWS IoT FleetWise will make it easier for our customers to collect detailed tire data, which can provide new insights for their products and applications.”

Hyundai Motor Group (HMG) is a global vehicle manufacturer that offers consumers a technology-rich lineup of cars, sport utility vehicles, and electrified vehicles. “As a leading global vehicle manufacturer, we have come to appreciate the breadth and depth of AWS services to help create new connected vehicle capabilities,” said HaeYoung Kwon, vice president and head of the infotainment development group at HMG. “With more data available from our expanding global fleet of connected cars, we look forward to leveraging AWS IoT FleetWise to discover how we can build more personalized ownership experiences for our customers.”

LG CNS is a leader in cloud, artificial intelligence, and big data technologies that are transforming smart transportation services. “At LG CNS, we are committed to advancing the technology that is powering the future of transportation,” said Jae Seung Lee, vice president at LG CNS. “By using AWS IoT FleetWise, we are creating a new data platform that allows us to ingest, analyze, and simulate vehicle conditions in real time. With these advanced insights, our customers can gain a better understanding of their vehicles and, as a result, improve decision-making about their fleets.”

Renesas Electronics Corporation is a global leader in microcontrollers, analog, power, and system-on-chip (SoC) products. “The volume of connected vehicle data is forecast to increase dramatically over the next few years, driven by new and evolving customer expectations. As a result, Renesas is focused on addressing the needs of automotive engineers facing increasing system complexity,” said Yusuke Kawasaki, director at Renesas Electronics Corporation. “Incorporating AWS IoT FleetWise into our vehicle gateway solution will enable our customers to enjoy our market-ready approach for large-scale data collection and accelerate their cloud development strategy. We look forward to collaborating further with AWS to provide a better and simpler development environment for our customers.”

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Geotab surpasses 3 million subscribers https://iotbusinessnews.com/2022/08/23/89576-geotab-surpasses-3-million-subscribers/ Tue, 23 Aug 2022 12:14:21 +0000 https://iotbusinessnews.com/?p=38228 The installed base of fleet management systems in Europe will reach 26.5 million by 2027

Data insights on performance, safety and sustainability delivering top value for sector. Geotab, a global leader in IoT and connected transportation, announced that it has surpassed 3 million subscribers* across the globe, demonstrating the continued high demand for data intelligence that is supporting the rapid transformation of the industry, including fuel and operating efficiency, safety, ...

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The installed base of fleet management systems in Europe will reach 26.5 million by 2027

Geotab surpasses 3 million subscribers

Data insights on performance, safety and sustainability delivering top value for sector.

Geotab, a global leader in IoT and connected transportation, announced that it has surpassed 3 million subscribers* across the globe, demonstrating the continued high demand for data intelligence that is supporting the rapid transformation of the industry, including fuel and operating efficiency, safety, sustainability and predictability.

For Geotab, which recently marked its 22-year anniversary, surpassing 3 million connected vehicles is indicative of the significant impact that its high-quality data insights contributes to organizations across the world as they optimize operations, build safe and intelligent communities and aim to achieve sustainability goals.

“In January 2020, we announced that Geotab had achieved its goal of becoming the first telematics company to achieve 2 million connected vehicles built on a single, open platform,” said Geotab CEO Neil Cawse. “Two years later, despite the disruption of a global pandemic, we have reached another significant milestone by adding a further 1 million net new subscriptions. This exceptional growth speaks to the talent of our employees and partners, an always-on innovation mindset, and to a relentless focus on working with our customers over many years to solve their evolving transportation challenges.”

Geotab has one of the largest data science teams in the industry, and with devices installed in 163 countries, the company processes approximately 55 billion data points a day and has advanced support for more than 9000 internal combustion engine makes and models and more than 250 electric vehicle makes and models – twice the number of any other fleet telematics company. Additional models are added daily. Geotab also offers an OEM telematics platform with a variety of industry-leading integration partners, and is rapidly expanding its list of offerings.

“With our world class talent and continuous commitment to research and development, the opportunity — and responsibility — that Geotab has to help businesses and governments across the world leverage intelligent data insights to optimize their investments, and create safer, more sustainable and efficient communities is tremendous, and where we will continue to focus our efforts as we scale,” added Cawse.

As the global commercial telematics market continues to mature (US $34.79 billion in 2020 to US$158.31 billion by 2028), Geotab is well positioned in all global markets to help its customers navigate relevant issues and challenges in today’s transportation industry, while providing trending and predictive insights to inform smart business planning.

* “Subscriber” refers to a single vehicle equipped with one or more telematic devices connected to Geotab’s platform.

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IoT Fleet Management Industry is Projected to Achieve a Global Market Size of USD 22.2 Bn by 2032, Reports Fact.MR https://iotbusinessnews.com/2022/06/02/67851-iot-fleet-management-industry-is-projected-to-achieve-a-global-market-size-of-usd-22-2-bn-by-2032-reports-fact-mr/ Thu, 02 Jun 2022 12:48:11 +0000 https://iotbusinessnews.com/?p=37774 The installed base of fleet management systems in Europe will reach 26.5 million by 2027

The global IoT fleet management market is expected to value US$ 22.2 Billion in 2032, against US$ 7.3 Billion in 2022. The industry is likely to flourish at a CAGR of 11.5% during the forecast period from 2022-to 2032. From 2021-to 2022, the Y-o-Y growth rate is estimated at 19.6%. Development of the market can ...

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The installed base of fleet management systems in Europe will reach 26.5 million by 2027

IoT Fleet Management Industry is Projected to Achieve a Global Market Size of USD 22.2 Bn by 2032, Reports Fact.MR

The global IoT fleet management market is expected to value US$ 22.2 Billion in 2032, against US$ 7.3 Billion in 2022.

The industry is likely to flourish at a CAGR of 11.5% during the forecast period from 2022-to 2032. From 2021-to 2022, the Y-o-Y growth rate is estimated at 19.6%. Development of the market can be attributed to the deployment of advanced connecting technologies in fleet management. Advanced technologies such as; GPS, cloud-based, and big data analytics provide developed software, which is expected to offer various lucrative opportunities to the players.

With the advent of vehicular internet connectivity, there has been a rise in demand for developed methods to regulate the fleet. Moreover, with increasing demand for real-time fleet monitoring, with rising digitalization, the industry is anticipated to flourish significantly in the forecast period. Players in the market are taking several initiatives to offer a modern software solution to manage the fleet. For instance, in August 2021, eBikeGo launched a developed AI and IoT-based fleet management system. The system is known as EBG-Matics which analyses vehicles and riders to augment efficiency.

Deployment of mobility-as-a-service by mobile industries and government authorities to monitor carbon emissions and reduce traffic congestion is projected to benefit the market in the assessment period. Key players in ride-sharing such as; Ola, Uber, Lyft, and DiDi are likely to grab the opportunities for autonomous fleet management in the forecast period. For instance, in July 2020, Ola Corporate disclosed a mobility service in the U.K. The company aimed to diversify its mobility options and help in customizing ride policy.

Key Takeaways from the Market Study

  • The global IoT fleet management market to value US$ 22.2 Billion by 2032
  • global IoT fleet management industry to project a growth rate of 11.8% from 2022-2032
  • The U.S market to value US$ 5.2 Billion by 2032
  • Market in the U.K to expand at 12.8% by 2032
  • Industry in India to exhibit a CAGR of 13% from 2022-2032
  • Market value of China expected to secure US$ 1.5 Billion by 2032
  • Japanese market to grow at a 12.5% CAGR during the forecast period
  • The Private segment to flourish at 12.4% from 2022-2032
  • The routing management segment to expand at 11.2% during the assessment period

An analyst at Fact.MR remarks:

“Increasing integration of smartphones and vehicles is expected to offer a significant boost to the expansion of IoT fleet management market in the forecast period. Also, the growing concern of fluctuating costs of fuel and rising maintenance costs are likely to play a salient role in strengthening the demand for efficient IoT fleet management systems.”

Competitive Analysis

Key players in the global IoT fleet management are focusing on expanding their influence through product development, collaboration, and mergers and acquisition among others. Recent key developments among players are:

  • In December 2021, GPS insight announced the acquisition of FieldAware field service automation software, Developer Company for field service, telematics software, and fleet management.
  • In January 2020, Geotab Inc. launched ‘UNIFY’ in a strategic partnership with Eleos Technologies in CA. Eleos Technologies is a Software-as-a-Service provider for transportation. The UNIFY platform aims to offer customized fleet management systems and FMCSA-compliant ELD for augmented solutions and insights.

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Battle Motors Picks T-Mobile to Connect New RevolutionOS™ EV Software for Trucks https://iotbusinessnews.com/2022/05/09/84156-battle-motors-picks-t-mobile-to-connect-new-revolutionos-ev-software-for-trucks/ Mon, 09 May 2022 15:09:42 +0000 https://iotbusinessnews.com/?p=37617 Battle Motors Picks T-Mobile to Connect New RevolutionOS™ EV Software for Trucks

IoT connectivity and management powers heavy-duty technology to electrify the commercial truck industry. Today, T-Mobile announced that Battle Motors has selected the Un-carrier as the preferred provider of IoT connectivity and management for thousands of new Battle Motors battery electric trucks rolling off the Ohio-based production line. And these trucks are getting smarter, thanks to ...

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Battle Motors Picks T-Mobile to Connect New RevolutionOS™ EV Software for Trucks

Battle Motors Picks T-Mobile to Connect New RevolutionOS™ EV Software for Trucks

IoT connectivity and management powers heavy-duty technology to electrify the commercial truck industry.

Today, T-Mobile announced that Battle Motors has selected the Un-carrier as the preferred provider of IoT connectivity and management for thousands of new Battle Motors battery electric trucks rolling off the Ohio-based production line.

And these trucks are getting smarter, thanks to Battle Motors’ all new factory installed RevolutionOS™ EV software.

Like consumer automotive, the commercial truck industry is moving swiftly to embrace EV technology — and Battle Motors is no exception. Their RevolutionOS™, powered by T-Mobile’s nationwide network, delivers actionable data and information to drivers and fleet managers that they can use to enhance efficiency, safety, and security.

As part of this long-term agreement, T-Mobile for Business will deliver 4G LTE connectivity to Battle Motors trucks for near real-time sharing of battery range and usage information, historic and near real-time location and trip data, timely preventative maintenance warnings, over-the-air software, and firmware updates — as well as the truck’s full bill of materials, such as VIN-specific information, parts, and manuals.

Every new Battle Motors class seven and class eight “heavy-duty” EV truck — like the ones that haul garbage, dirt, and freight — will come with a factory installed, ruggedized digital instrument cluster that runs RevolutionOS™. And thanks to the power and reliability of T-Mobile’s nationwide network, Battle Motors’ RevolutionOS™ will let customers view and update critical information directly from the truck, or remotely from a desktop computer or mobile device, just by scanning a QR code!

Additionally, T-Mobile Control Center will give Battle Motors the ability to view and manage the connectivity of their trucks. With the automation and provisioning capabilities of T-Mobile’s IoT platform, Battle Motors can easily accelerate deployment of their growing line of trucks. Battle Motors will have near real-time visibility to all their commercial trucks with the ability to monitor network conditions and device behavior with T-Mobile Control Center.

In the near future, Battle Motors expects to leverage the Un-carrier’s 5G network to meet industrial-sized challenges for years to come as their trucks’ capabilities advance and the demands on connectivity increase. T-Mobile is poised to push IoT to its full potential and catapult adoption — paving the way for new electric vehicle applications that rely on low-latency, high-speed data, and real-time location and proximity-based services.

“Our primary focus has been on driving technology and innovation that gives our customers value and peace-of-mind when it comes to maintenance, efficiency, safety and compliance,” says Battle Motors CSO, Paul Marsolan.

“Together with T-Mobile, we’re able to merge analytics and operations to put rich, real-time decision-making data to work for our customers.”

“While we continue to grow our business market share, it energizes us to work with forward thinking companies that demonstrate leadership in areas like sustainable commercial transportation,” said Callie Field, President, T-Mobile Business Group. “Reliable connectivity, management and support is central to Battle Motors’ mission, and we’re honored that they entrusted their trucks and their customers to T-Mobile for Business.”

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The installed base of fleet management systems in South Africa to reach 3.6 million units by 2026 https://iotbusinessnews.com/2022/04/26/65214-the-installed-base-of-fleet-management-systems-in-south-africa-to-reach-3-6-million-units-by-2026/ Tue, 26 Apr 2022 08:25:11 +0000 https://iotbusinessnews.com/?p=37544 The installed base of fleet management systems in Europe will reach 26.5 million by 2027

According to a new research report from the leading IoT analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in South Africa reached an estimated 2.0 million in Q4-2021. Growing at a compound annual growth rate (CAGR) of 12.6 percent, this number is expected to reach 3.6 million ...

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The installed base of fleet management systems in Europe will reach 26.5 million by 2027

The installed base of fleet management systems in South Africa to reach 3.6 million units by 2026

According to a new research report from the leading IoT analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in South Africa reached an estimated 2.0 million in Q4-2021.

Growing at a compound annual growth rate (CAGR) of 12.6 percent, this number is expected to reach 3.6 million by 2026. South Africa is a relatively mature telematics market and the penetration is comparably high from an international perspective. Far from all deployments are however full-scale advanced FM solutions. A notable share of the installed fleet telematics systems on the South African market is represented by comparably low-end tracking systems, e.g. light FM solutions, including SVR systems extended with basic FM features.

“The South African fleet management market is clearly dominated by five domestic players with broad telematics portfolios, collectively representing 70 percent of the total number of fleet management systems in use in the country”, said Rickard Andersson, Principal Analyst, Berg Insight.

He adds that Berg Insight ranks Cartrack and MiX Telematics as the largest providers of fleet management solutions in South Africa. Cartrack alone has more than half a million active FM units in the country.

“The remaining top-5 players are Tracker, Netstar and Ctrack”, continued Mr. Andersson.

Other top-10 players on the South African fleet management market include local vendors such as Bidtrack (Bidvest Group), Digicell and GPS Tracking Solutions (Eqstra Fleet Management), as well as international players including Webfleet Solutions (Bridgestone) and Gurtam. Autotrak, Digital Matter, PFK Electronics, Key Telematics/Radius Payment Solutions and Pointer SA (PowerFleet) are additional top-15 providers, all having estimated installed bases of at least 15,000 fleet management units in the country. Players just outside of the top list include Mtrack (Electronic Tracking Systems), Geotab and Globaltrack.

“International commercial vehicle OEMs including Scania, Daimler, Volvo Trucks, UD Trucks, MAN and Toyota have further all introduced fleet telematics solutions in South Africa”, concluded Mr. Andersson.

chart: installed base fleet management units south africa 2021-2026

Berg Insight’s report on Fleet Management in South Africa also includes an outlook on the overall African market. Africa is clearly a highly diverse geographic region from a fleet management perspective. The continent can in general be divided into three subregions – South Africa, Sub-Saharan Africa (excluding South Africa) and Northern Africa.

The South African fleet telematics market is far ahead of the rest of the continent in terms of adoption, whereas Sub-Saharan Africa is the least developed region. Northern Africa is comparably advanced and well ahead of Sub-Saharan Africa when it comes to fleet telematics penetration, though still quite a bit behind South Africa.

The African fleet management market beyond South Africa is by many industry representatives described as challenging – though certainly also promising – for several reasons. The weak economic conditions and foreign exchange rate fluctuations in combination with the unstable political climate make the Rest of Africa market a challenging business environment overall. There are however promising prospects for players adapting to the local market dynamics as the Rest of Africa market has considerably more untapped opportunity than what South Africa can offer at this stage.

Download report brochure: Fleet Management in South Africa

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The installed base of video telematics systems in North America and Europe to exceed 8 million units by 2026 https://iotbusinessnews.com/2022/04/21/80972-the-installed-base-of-video-telematics-systems-in-north-america-and-europe-to-exceed-8-million-units-by-2026/ Thu, 21 Apr 2022 16:50:15 +0000 https://iotbusinessnews.com/?p=37537 The installed base of video telematics systems in North America and Europe to reach 15 million units by 2028

Berg Insight, the leading IoT market research provider, today released a new market study covering the video telematics market. The integration of cameras to enable various video-based solutions in commercial vehicle environments is a massive trend in the fleet telematics sector. Berg Insight’s definition of video telematics includes a broad range of camera-based solutions deployed ...

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The installed base of video telematics systems in North America and Europe to reach 15 million units by 2028

The installed base of video telematics systems in North America and Europe to exceed 8 million units by 2026

Berg Insight, the leading IoT market research provider, today released a new market study covering the video telematics market.

The integration of cameras to enable various video-based solutions in commercial vehicle environments is a massive trend in the fleet telematics sector.

Berg Insight’s definition of video telematics includes a broad range of camera-based solutions deployed in commercial vehicle fleets either as standalone applications or as an added feature set to conventional fleet telematics. The frontrunning North American video telematics market is three times the size of the European, which is so far largely dominated by activities in the UK. Berg Insight estimates that the installed base of active video telematics systems in North America reached 2.9 million units in 2021.

Growing at a compound annual growth rate (CAGR) of 16.5 percent, the active installed base is forecasted to reach almost 6.3 million units in North America by 2026. In Europe, the installed base of active video telematics systems is estimated to over 0.9 million units in 2021. The active installed base in the region is forecasted to grow at a CAGR of 17.9 percent to reach 2.1 million video telematics systems in 2026.

The video telematics market is served by a number of different types of players, ranging from specialists focused specifically on video telematics solutions, to general fleet telematics players which have introduced video offerings, and hardware-focused suppliers offering mobile digital video recorders (DVRs) and vehicle cameras used for video telematics.

“Berg Insight ranks Streamax, Lytx and Samsara as the leading video telematics players in their respective categories”, said Rickard Andersson, Principal Analyst, Berg Insight.

He adds that Streamax is the leading hardware provider, having more than 2.1 million mobile DVRs installed in vehicles worldwide to date, and the company also offers software dashboards which are widely used together with its devices.

“Lytx has the largest number of video telematics subscriptions, while Samsara stands out among the general fleet telematics players with a significant number of camera units deployed across its subscriber base”, continued Mr. Andersson.

Additional sizeable players in this space include the video telematics company SmartWitness (owned by Sensata), the fleet management player Motive (formerly KeepTruckin), the commercial vehicle telematics pioneer Omnitracs (owned by Solera) including the acquired video safety specialist SmartDrive, the hardware-focused video telematics company Howen, and the vision-based safety platform provider Netradyne.

Other noteworthy players competing in the video telematics space include video-focused solution providers such as Nauto, VisionTrack, Bendix (SafetyDirect by Bendix CVS), SureCam, LightMetrics, Idrive, Seeing Machines, CameraMatics, Exeros Technologies, Waylens and Vision Techniques; fleet telematics players including Trimble, Matrix Telematics, Radius Telematics, MiX Telematics, Azuga, Microlise, Forward Thinking Systems, ISAAC Instruments, Trakm8 and AddSecure Smart Transport; as well as the hardware-focused supplier Pittasoft (BlackVue).

Mr. Andersson concluded:

“These players have all reached estimated installed bases in the tens of thousands.”

Download report brochure: The Video Telematics Market

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Geotab Implements Fleet Management Solution for the British Antarctic Survey https://iotbusinessnews.com/2022/02/15/35915-geotab-implements-fleet-management-solution-for-the-british-antarctic-survey/ Tue, 15 Feb 2022 20:05:48 +0000 https://iotbusinessnews.com/?p=36767 Geotab Implements Fleet Management Solution for the British Antarctic Survey

Telematics technology developed in Canada will help improve deep field safety of the BAS team in the South Pole. Geotab Inc., a global leader in IoT and connected transportation, today announced it is implementing a fleet management platform for British Antarctic Survey (BAS), an interdisciplinary research organization with research stations in the world’s polar regions. ...

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Geotab Implements Fleet Management Solution for the British Antarctic Survey

Geotab Implements Fleet Management Solution for the British Antarctic Survey

Telematics technology developed in Canada will help improve deep field safety of the BAS team in the South Pole.

Geotab Inc., a global leader in IoT and connected transportation, today announced it is implementing a fleet management platform for British Antarctic Survey (BAS), an interdisciplinary research organization with research stations in the world’s polar regions.

Headquartered in Oakville, Ontario, Geotab is providing in-depth vehicle telematics data analysis for BAS’ diverse fleet of Antarctic vehicles, including snowmobiles, snow groomers, and tractors, for their latest arduous research expedition to the Antarctic this month.

A Geotab GO device has also been fitted to Britain’s new polar research ship, the RRS Sir David Attenborough, and is being used to plan, track and manage the progress of all of the ship’s polar research expeditions. You can track the ship’s progress through its time-lapsed webcam as it makes its journey through the Antarctic.

Often located thousands of miles away from the main research stations, the team is reliant on efficient communications to ensure safety and to promote the most sustainable use of fleet machinery during their research. On one of the most pristine, untouched continents on the planet, Antarctic research is instrumental in discovering the primary causes and effects of climate change.

In the past, BAS scientists and support teams relied on a high frequency (HF) radio in emergencies. Every time teams stopped, they would have to erect a rig to maintain communication with research stations, a complex task when faced with sub-zero temperatures, rough terrain, and unpredictable weather conditions.

Now, the BAS team is working with Geotab to provide a tailored solution to address their unique challenges and leverage the power of deriving powerful vehicle information data. The Geotab solution, with a modified GO9 telematics plug-in device, will be housed in a custom-built mounting box, ruggedized to protect it from extreme temperatures and conditions. Used in millions of vehicles every day, it includes a variety of real-time telematics functions such as monitoring and diagnostics, operator management, fuel management, staff health and safety management, and dynamic vehicle scheduling for the entire expedition.

The work of the BAS team helps governments and businesses set policies that shape their environmental commitments for the future of our planet, and forms the essential groundwork for the science behind climate conference discussions, such as the recently held COP26 in Glasgow.

With five research stations across the Antarctic and sub-Antarctic and research teams that frequently travel on deep-field expeditions for weeks at a time, it presents enormous connectivity challenges in areas that are ‘off grid’ – without any cell infrastructure and hundreds, if not thousands of miles away from the nearest sign of civilization.

By integrating the MyGeotab fleet management software with the BAS’s mapping system, every single vehicle journey can be tracked accurately, pinpointing the estimated time of departure and arrival, real-time latitude and longitude coordinates, and stops made along the way. Most importantly, the monitoring tool can also function as a distress beacon via the simple push of a button, to assist with the safety of the scientific teams in some of the harshest and remote areas of the planet.

Neil Cawse, CEO at Geotab, said:
“BAS’ commitment to excellence in science is universally recognized and respected, and this international collaboration presents an opportunity to support greater research and development across polar regions. We are delighted to provide our telematics technology and support BAS in their sustainability efforts. Their research into climate change is so important and will undoubtedly benefit governmental bodies, policy-makers, business leaders and citizens around the world.”

For BAS, an organization focused on environmental science, the solution has addressed issues surrounding fuel efficiency and refill locations to encourage more sustainable operations. It has also enabled the organization to better plan and monitor their trips, to further minimize their environmental impact in the polar region.

Ben Norrish, Head of Vehicle Engineering at BAS, said:
“It’s our primary goal to make working remotely, deep-field in the Antarctic safer, more efficient and carbon accountable going forward. Using this technology allows us to achieve all three.”

“Having the ability to live track teams on the ice is a huge asset to route planning and safety of the teams with an added benefit of peace of mind to each person on the ice knowing that if they get into trouble, a search and rescue can be deployed fast and accurately to save lives.”

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