Market Share of Global Commercial Vehicle Telematics Industry
The commercial vehicle telematics market is semi-consolidated, with many regional and global players. Market vendors are focusing on expanding their customer base across foreign countries and leveraging strategic collaborative initiatives to increase market share and profitability.
- March 2024: Navistar Inc., a member of the TRATON Group, announced that it is advancing its autonomous driving technology in anticipation of rolling out an autonomous commercial pilot program. In a strategic collaboration with Plus, Navistar is set to embed Plus's Level 4 autonomous SuperDrive technology into its international vehicles and other TRATON-branded models. The SuperDrive system, tailored for international trucks, offers comprehensive solutions spanning maintenance, telematics, safety, and reliability.
- January 2024: Ford Pro, the commercial arm of Ford Motor Company, announced the launch of a suite of enhanced software and technology features. These innovations were designed to empower fleet managers with deeper insights and greater control over their commercial vehicle operations, specifically to mitigate fleet risks. Ford Pro's advanced solutions harness data from connected vehicles by integrating it into the Ford Pro Intelligence platform. This integration equips fleet managers with visibility into their vehicles on the road and the usage of fitted equipment.
Commercial Vehicle Telematics Market Leaders
-
Navistar International Corporation
-
Ford Motor Company
-
Lytx Inc.
-
Tata Motors Ltd.
-
Trimble Inc.
*Disclaimer: Major Players sorted in no particular order
.webp)
