Commercial Vehicle Fleets Are Getting Safer and Saving Money, According to ABI Research.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 -- All new technology costs money, and fleet managers are constantly faced with deciding whether to pay for the latest safety systems or hope that their drivers do not get involved in accidents. But now test results are in for a variety of new applications, and the news is good. Typical ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). calculations show break-even in as little as nine months. Even the more conservative analyses deliver payback in less than two years. These numbers mean that the market is poised for significant growth. "Fleet managers have an advantage over individual operators or consumers because they can deal with average accident costs rather than trying to estimate whether an individual vehicle is likely to be in a crash," says 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 principal analyst David Alexander David Alexander may mean:
The key for fleet managers is to decide which of the technology offerings can best deliver the desired results. Are most accidents caused by unintended lane change, leaving the road, rear-ending a slower vehicle in front, or missing an obstacle in the blind spot? Systems are available for blind-spot detection (BSD (Berkeley Software Distribution) The software distribution facility of the Computer Systems Research Group (CSRG) of the University of California at Berkeley. ), lane departure warning See lane departure system. (LDW LDW Loss Damage Waiver (insurance) LDW Lane Departure Warning (Infiniti cars) LDW Laidlaw, Inc (former stock symbol) LDW Limited Damage Waiver ), or adaptive cruise control An automotive cruise control system that automatically slows down the car if it is moving too close to the vehicle in front of it. A radar or laser unit located behind the grille determines the speed and distance of the vehicle in front. (ACC See adaptive cruise control. )/headway warning. "Some of the systems are integrated into the vehicle build, which is essential for an application such as ACC that can control the vehicle speed," says Alexander. "But many of the warning systems are self-contained and can operate in isolation. They are available as a new truck option or in the aftermarket, so the benefits can be extended to existing fleets as well as being rolled out in replacement vehicles." The latest systems take advantage of developments in the consumer vehicle and consumer electronics markets, and are bringing some healthy competition. Healthy growth bodes well for companies such as Cognex, Delphi, Eaton, Iteris, Knorr Bremse, Meritor, Mobileye, and Transportation Safety Technologies. A new research brief from ABI Research, "Commercial Vehicle Driver Assistance" (http://www.abiresearch.com/products/research_brief/Driver_Assistance_ Research_Brief/102) examines the growth potential through 2012 for three of the main driver assistance applications: blind spot detection, lane departure warning, and adaptive cruise control. It is a component of the firm's Driver Assistance Research Service (http://www.abiresearch.com/products/service/Driver_Assistance_ Research_Service), which includes other briefs, full-length Research Reports, ABI Insights, and analyst inquiry support. ABI Research is a leading market research firm focused on the impact of emerging technologies on global consumer and business markets. Utilizing a unique blend of market intelligence, primary research, and expert assessment from its worldwide team of industry analysts, ABI Research assists hundreds of clients each year with their strategic growth initiatives. For information, visit www.abiresearch.com, or call +1.516.624.2500. Long URLs in this release may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists. |
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