Things To Know About Telematics

 

What is Telematics?

In the broad sense, telematics is the amalgamation of 2 sciences - broadcastings, a branch of technology including phone lines and cables, and informatics such as workstation systems.

·      Telematics is the secret key for Fleet Efficiency
·    Telematics improves vehicle maintenance

Wireless telematics expedients and “black box” technologies gather and transfer information on automobile use, maintenance necessities and automotive servicing, according to Gartner. To utilize fleet management software, is a popular way for western companies, which is a division of telematics, to synchronize the automobiles they manage and increase a widespread view of the health, lucrativeness and productivity of the entire fleet.

The telematics market in heavy automobiles is driven by the wide scale adoption of the telematics solution among the construction machineries and equipment. As the pressure on the construction industry to reduce the cost of operation and enhance efficiency is increasing, the construction organizations are swiftly shifting towards the technology solution to enhance the operational efficiency. Furthermore, the integration of the telematics into the machineries enable the effective fleet management reduces the cost and enhances the profits.

According to a new market research report published by Acute Market Reports “Global Telematics in Heavy Equipment Market (Technology (Cellular, Satellite); Application (Agriculture, Construction, Mining) – Growth, Future Prospects and Competitive Analysis, 2019 - 2027”, the telematics in heavy equipment market is set to grow with a CAGR of 10.9% during the forecast period.



Prominent vendors of the telematics in heavy equipment market are:

·         DPL Telematics

·         Trimble Inc

·         ACTIA Group

·         Geotab Inc

·         Heavy Construction Systems Specialists Inc

·         GPS TRACKIT

·         LHP Telematics LLC

·         Navman Group

·         LoJack Corporation

·         ORBCOMM Inc

·         TelliQ AB

·         Teletrac

·         Telogis

·         Topcon Corporation

·         The Morey Corporation

·         Zonar Systems Inc.

For detailed Research of Telematics in Heavy Equipment Market: https://www.acutemarketreports.com/report/telematics-in-heavy-equipment-market

How does telematics work?

Fundamentally, a telematics system includes a vehicle tracking device installed in a vehicle that allows the receiving, sending, and storing of telemetry information. It associates via the vehicle’s individual on board diagnostics port with a SIM card, and modem facilitates communication through a wireless setup.

The stratagem gathers GPS data as well as range of other vehicle-specific statistics and transfers it via GPRS, 4G mobile data and cellular network or satellite communication to a centralized server. The server infers the statistics and assists it to be exhibited for end users via protected websites and apps augmented for smartphones and tablets. 

The telematics data captured can include location, speed, idling time, harsh acceleration or braking, fuel consumption, vehicle faults, and more. When analyzed for particular events and patterns, this information can provide in-depth insights across an entire fleet.

What are the benefits of telematics?

  • Decreased fuel costs
  • Improved safety
  • Elevated productivity
  • Better payroll management

Future of telematics?

Telematics is composed for exponential growth as new tenders are developed to take benefit of modern GPS units and the extensive use of mobile devices. More fleets are identifying the need to monitor fleet activity to control costs, boost productivity, improve accountability, and maintain full compliance with government regulations.

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