Mexican Connected Truck Telematics Growth Opportunities

Description

Owing to the Growing Emphasis on Security, Fuel Management and Vehicle and Cargo Safety Solutions are Gaining Momentum in this Intensely Competitive Market

At present, only 24% of truck fleets in Mexico utilize telematics services; nevertheless, this number is expected to grow in the medium term. Basic solutions are installed in most connected trucks (usually, track and trace solutions), mainly to meet the demands of carriers and insurance companies. However, the need for advanced solutions, such as AI-controlled video cameras, is increasing and making the market more sophisticated, particularly for large fleets. Other solutions related to vehicle management and safety and security are also being requested. In addition to innovative technology, drivers for this market include partnerships between OEMs and TSPs.

In 2021, telematics units in the Mexican market were estimated at 1.01 million, and they were used in a wide range of segments-from agriculture and oil and gas to retail and delivery services, healthcare, food and beverage, and automotive. The key telematics service providers covered in this study include Copiloto Satelital, Encontrack, Omnitracks, Sitrack, and Tecnomotum. Other notable OEMs include Volvo, Scania, MAN/Volkswagen, Freightliner, Kenworth, and International Navistar. The market is heavily fragmented, with companies specializing in specific solutions.

This Frost & Sullivan research service performs a comprehensive analysis of the Mexican connected trucks telematics market, which includes market growth opportunities; industry KPIs and micro and macroeconomic growth trends have been taken into consideration for the market forecast. The study provides meaningful insights for telematics providers (OEMs and TSPs) wishing to explore this growing and competitive market.

Product Code: K80B-42

Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Connected Truck Telematics Industry
Growth Opportunities Fuel the Growth Pipeline Engine™

Growth Environment

Key Findings
Roadmap of the Mexican Connected Truck Telematics Market
Growth Metrics
PESTLE Analysis, 2021
Connected Trucks Telematic Outlook

Key Regulations

Regulations
Regulations (continued)
Regulations (continued)
Regulations (continued)

Research Scope

Scope of Analysis
Questions this Study will Answer

Segmentation and Overview

Vehicle Segmentation
Fleet Size and Distance Driven Segmentation
Business Model Types
Solution Types
Overview of Main Telematics Services

Market Outlook

Market Trends
Installed Base Forecast
TSPs Operating in Mexico
OEMs Operating in Mexico
Ecosystem Partners and Local Partnerships

Pricing and Competitive Scenario

Telematics Product Type Range
Telematics Product Package Range
Competitive Force Analysis

Market Measurements and Market Share Analysis

Mexican Telematics Market-Installed Base by Contribution
Installed Base Forecast
Market Share Analysis

Market Opportunity Analysis

Opportunity by Hardware Type
Opportunity by Package Type
Opportunity by Service-Top 3 Services
Opportunity by Vehicle Type
Opportunity by Fleet Type
Opportunity by Industry Type
Opportunity by Solution Type
Opportunity by Solution Type (continued)
Main Opportunity by Region

Growth Opportunities Fuel the Growth Pipeline Engine™

Growth Opportunity 1-AI Solutions and Real-time Communication
Growth Opportunity 1-AI Solutions and Real-time Communication (continued)
Growth Opportunity 2-Last-mile Delivery
Growth Opportunity 2-Last-mile Delivery (continued)
Growth Opportunity 3-Open Telematics Systems
Growth Opportunity 3-Open Telematics Systems (continued)
Strategic Imperatives for Success and Growth
The Last Word-3 Big Predictions

Appendix

Abbreviations and Acronyms
List of Exhibits
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