Smart Fleet-on-board Devices Market 2020 Size, Manufacturers, Supply Chain, Sales Channel and Clients to 2025 | Televic N.V., Xerox Corporation, Trapeze Software Inc. (Constellation Software Inc.), Cubic Transportation Systems Limited

An efficient transportation system needs route scheduling, timetable and data analysis of fleet systems to uplift the market growth. The use of smartphones and smart devices provides a great growth opportunity to the fleet on-board devices for the coming years. Using GPS and GSM/GPRS location technology vehicles can be tracked and managed securely in real-time through a computer, tablet, or smartphone. In terms of analysis, data collected through AVL, APC, and ticketing solution is crucial. The growing use of modern transportation and technology advancements in ticketing devices are the major factors boosting the global smart fleet on-board devices market. At the same time, smart technology usage in logistics worldwide is helping the market to grow. However, data security is an issue, which shows up as a market difficulty.

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An efficient transportation system results in the efficient dynamic movement of people and goods, which extensively contribute to the quality of life in society. Using GPS and GSM/GPRS location technology, vehicles can be tracked and managed securely in real-time through a computer, tablet, or smartphone. In terms of analysis, data collected through AVL, APC, and ticketing solution is very crucial.APC gives data about the passenger count on-board. This also includes data about the number of passengers boarded at every station at a given time. AVL provides real-time location of the fleet, data that can help in setting the time table for fleets. Fleet optimization is also verified with the ticketing revenue generated on-board with the help of ticketing devices

The prominent players in the global Smart Fleet-on-board Devices market are:

Televic N.V., Xerox Corporation, Trapeze Software Inc. (Constellation Software Inc.), Cubic Transportation Systems Limited, Clever Devices Ltd, DILAX Intelcom GmbH, Eurotech, Inc., 21st Century Technology plc, Hella Aglaia Mobile Vision GmbH, Acorel B.V.

Top of FormMarket Segmentation by Region:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Europe, Germany, France, UK, Italy, Russia, Rest of Europe, Central & South America

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Global Smart Fleet-on-board Devices Market: Research Methodology

Technological Advancement in the Ticketing Systems will Drive the Market Growth

Owing to smart technologies and intelligent transport systems, the fleet on-board devices market has achieved significant growth. Transit fare collection or ticketing technology has evolved tremendously from manual-based systems to automated systems with computer-aided hardware and software. The technical enhancement of smart ticketing devices leads to a shift from cash to smart payment, as well as from mono application to multi-application system. The advancements in fare collection have been possible due to the changes in design media, use of microprocessor and software in fare collection equipment, and the development of sophisticated control, and data communications systems. Emergence of the smart ticketing system has continued to benefit the transportation industry significantly. Adoption of smart ticketing systems for the public transit system, such as buses, trains, and airplanes will continue to gain momentum attributed to quick access and robust security features.

Recent Developments

- January 2018 - Clever Devices Ltd., the leading provider of ITS solutions in North America, announced the launch of a groundbreaking Disruption Management module for its CleverCAD fleet management solution. The Disruption Management module enables CleverCAD users to react quickly to service disruptions that occur due to inclement weather, traffic or road conditions, or vehicle maintenance issues. Users can quickly make service changes to address issues, and all changes are immediately reflected on affected vehicles and in Clever Devices' real-time passenger information system. This ensures that both operators and passengers get the updated information, in real-time.

- October 2017 - Cubic Corporation�s Cubic Transportation Systems (CTS) business division was selected by the New York Metropolitan Transportation Authority (MTA) to replace the iconic MetroCard with a proven, next-generation fare payment system similar to that used on the bus, Tube and rail services operated by Transport for London (TfL). The new system enabled customers to create personalized transit accounts to see ride history, check balances, add value as well as report lost or stolen cards to protect their funds.

Furthermore, Global Smart Fleet-on-board Devices Market following points are involved along with a detailed study of each point: –

– Global Smart Fleet-on-board Devices Market Overview, Drivers, Restraints and Opportunities, Segmentation overview

– Global Smart Fleet-on-board Devices Market competition by Manufacturers (2020-2026)

– Production and Consumption by Regions

– Complete profiling and analysis of Manufacturers (2020-2026)

– Manufacturing cost analysis, Materials analysis, Region-wise manufacturing expenses

– Industrial Chain, Sourcing Strategy and Downstream Buyers

– Marketing Strategy Analysis, Distributors/Traders

– Global Smart Fleet-on-board Devices Market Effect Factors Analysis (2020-2026)

– Global Smart Fleet-on-board Devices Market Forecast (2020-2026)

– Global Smart Fleet-on-board Devices Market Research Findings and Conclusion

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyses key emerging trends and their impact on present and future development.

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