Commercial Vehicle Telematics Market in Europe 2018-2022
Commercial Vehicle Telematics Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
(EMAILWIRE.COM, February 21, 2018 ) The telematics system is a device that deals with communication (sending, receiving, and storing information) regarding the vehicle and other parameters. The telematics system receives information through different sensors, such as air bags, vehicle speed, advanced driver assistance system, braking system, and transmission control system.
Publisher's analysts forecast the commercial vehicle telematics market in Europe to grow at a CAGR of 13.85% during the period 2018-2022.
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Owing to the increased consolidation of logistics players and growing demand for fleet tracking to reduce losses, the logistics sector will be the major contributor to the fleet management services. Fleet tracking is useful to mitigate transit losses and reduce fuel expenses. ReportsWeb market study identifies the growing need for fleet management solutions to be one of the primary growth factors for the commercial vehicle telematics market in Europe. Implementation of vehicle tracking system also reduces the number of empty runs and the overall fuel costs.
Key vendors
-TomTom International
-Continental
-Trimble
-Bosch
-Verizon Telematics
Market driver
-Growing need for fleet management solutions
Market challenge
-Low return on investment for small fleet owners
Market trend
-Truck platooning using telematics services
Have any query? Enquire about report @ http://www.reportsweb.com/inquiry&RW00011477869/buying
Fundamentals of Table of Content:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles
Complete report is available @ http://www.reportsweb.com/commercial-vehicle-telematics-market-in-europe-2018-2022
Publisher's analysts forecast the commercial vehicle telematics market in Europe to grow at a CAGR of 13.85% during the period 2018-2022.
Free| Request sample copy @ http://www.reportsweb.com/inquiry&RW00011477869/sample
Owing to the increased consolidation of logistics players and growing demand for fleet tracking to reduce losses, the logistics sector will be the major contributor to the fleet management services. Fleet tracking is useful to mitigate transit losses and reduce fuel expenses. ReportsWeb market study identifies the growing need for fleet management solutions to be one of the primary growth factors for the commercial vehicle telematics market in Europe. Implementation of vehicle tracking system also reduces the number of empty runs and the overall fuel costs.
Key vendors
-TomTom International
-Continental
-Trimble
-Bosch
-Verizon Telematics
Market driver
-Growing need for fleet management solutions
Market challenge
-Low return on investment for small fleet owners
Market trend
-Truck platooning using telematics services
Have any query? Enquire about report @ http://www.reportsweb.com/inquiry&RW00011477869/buying
Fundamentals of Table of Content:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles
Complete report is available @ http://www.reportsweb.com/commercial-vehicle-telematics-market-in-europe-2018-2022
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
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This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results