Frost & Sullivan Webinar: Trailer Telematics - A Catalyst for Fleet Optimization

Sept. 1, 2011 - PRLog -- Under Penetrated Market with Revenue Potential above 200 Million USD in 2017

Trailer tracking is fast developing into a major growth engine for the commercial vehicles telematics market. Clear signs of development driven by the need to enhance supply chain and logistics efficiencies are creating the foundation for long-term market penetration and growth potential enhancement for trailer telematics hardware and service providers. As a vast majority of trailer population is not penetrated, trailer telematics solutions are expected to provide tangible benefits like better asset utilization, freight tracking, and reduction of back-office inefficiencies.

Frost & Sullivan organised a webinar, entitled Trailer Telematics: Perceived as a Catalyst for Fleet Optimization last week, in which Senior Research Analyst, Niranjan Manohar, presented latest findings on the market for trailer telematics in Europe and North America with a focus on the consistency of demand for such systems in these countries and the competitive dynamics.

To receive a link to the recording of this webinar and or presentation documents, please email Katja Feick at katja.feick@frost.com with your full contact details.

The presentation explains how telematics systems help negate inefficiency, inaccuracy and trailer idle time by providing time-critical data, resulting in increased profitability, customer satisfaction and retention. It also gives an analysis of the dynamics, trends of the market while projecting the future outlook and the opportunities it offers to the different members of the value chain.

“Fleet operators need to realize that return on investment is a progressive process through trailer telematics, initially providing direct cost savings later evolving into increased revenue generation from customer satisfaction and retention,” says Manohar. “The focus of trailer telematics vendors should be to understand the business needs of fleets and provide the right product - service - finance mix to win their confidence. There are mammoth opportunities for market participants and for newer entrants, as the potential trailer population is vast and not fully penetrated,” he concludes.    

This complimentary presentation and briefing will benefit trailer telematics vendors, hardware suppliers, telecommunications providers, data aggregators as well as local and national authorities.

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