Booming Trailer Tracking Market Growth to Continue, According to ABI Research.OYSTER BAY Oyster Bay, uninc. area (1990 pop. 6,687) of the Town of Oyster Bay, Nassau co., SE N.Y., on N Long Island, on Long Island Sound; settled 1653. It is chiefly residential. , N.Y. -- Markets for electronic trailer tracking The term trailer tracking refers to the concept of tracking the position of an articulated vehicle’s trailer unit. This position is determined through a tracking device fitted to the trailer. hardware and services are booming, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a new study from ABI Abi (ā`bī) [short for Abijah], in the Bible, King Hezekiah's mother. (Application Binary Interface) A specification for a specific hardware platform combined with the operating system. Research. Worldwide subscriber numbers will see a strong, prolonged growth well through the end of the decade, and in North America, the percentage of trailers tracked will more than triple. Growth is already very strong: worldwide subscriber numbers have almost doubled since the previous year. According to analyst Steve Bae, several factors have converged to produce this strong growth: "Trailer tracking hardware costs have fallen significantly, while products and services have become more sophisticated. Customers are more aware of the technologies, and many see electronic tracking as an efficient solution to maximize productivity of trailers and resources." This rapid expansion is seeing many new vendors enter the market, and some players chalking up big wins. A good example is GE, which recently acquired Wal-Mart as a trailer tracking customer. The retailer placed an order for 46,000 units. When the fit-out is complete by the end of this year, GE will have more than doubled its market share, putting it on a nearly equal footing with other leading vendors such as Qualcomm, SkyBitz, and Terion. As in any fast-growing market with new vendors, consolidation can be expected, and not all will survive. There are two parts to the trailer tracking equation: hardware and services. Most of the market value is in the ongoing provision of services, and these can range from basic tracking of a trailer's location and status, to multiple sensor connections, integration, and monitoring of parameters such as the temperature of refrigerated re·frig·er·ate tr.v. re·frig·er·at·ed, re·frig·er·at·ing, re·frig·er·ates 1. To cool or chill (a substance). 2. To preserve (food) by chilling. trailers. "By the end of this decade," says Bae, "trailer tracking stands to be integrated with other commercial telematics solutions." ABI Research's study, "Trailer Tracking Markets", examines how trailer tracking is being adopted by the telematics industry, and how it will merge with other technologies. It forms part of the Commercial Telematics and M2M M2M Machine-to-Machine (communication, mainly mobile) M2M Minutes to Midnight (Linkin Park album) M2M Mobile to Mobile (cellular phone) M2M Member-to-Member M2M Month to Month Research Services. Founded in 1990 and headquartered in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , ABI Research maintains global operations supporting annual research programs, intelligence services and market reports in broadband and multimedia, RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. and M2M, wireless connectivity, mobile wireless, transportation and emerging technologies. For information visit www.abiresearch.com, or call +1.516.624.2500. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion