Reports by Industry
Reports by Company
- Company Analysis(173)
- Company Profile(60)
Fleet Management Solution for 50% of New Heavy Trucks by 2009
Mar 30, 2006
In the European road transport industry, the soaring prices of oil create demand for fleet management solutions (FMS) A GPS enabled technology, FMS allows large operators of mobile assets to track and communicate with the entire fleet. While the technology is a widely used LBS (Location Based Services) application in developed nations, it is making its impact on developing countries too.
FMS is an advanced technology to track and monitor vehicles through remote sensing. It typically helps to reduce fuel consumption by 5-15%. In 2005 as fuel prices increased by 28% and while this rise is likely to continue in the future, transport companies are strongly stimulated to invest in the FMS technology to keep costs under control. It is predicted that half of the heavy trucks sold in 2009 will incorporate a fleet management solution.
In a recently published market research report, “GPS: Fleet Management Market (2006-2010)” by RNCOS says that “in US currently, nearly 1.9 million GPS/ wireless devices are used to monitor fleet vehicles, trailers, construction equipment and mobile workers. This includes about 1.36 million US fleet vehicles designed with AVL systems.”
The report provides data and forecasts the trends that feature the financial aspects of the GPS enabled fleet management market. It compiles an enormous amount of technical information for solution developers, service providers and technology consultants.
“GPS: Fleet Management Market (2006-2010)” by RNCOS research updates with the latest events in the world with regard to FMS and tells about the world’s pulse on the matter. It informs about places that can provide lucrative opportunities for investors, consultants, technologists and entrepreneurs and the risks involved while entering this market.
In the views of the analysts the method of positioning, navigation and tracking of services will give mobile phone users a completely new help in their work and leisure activities. For instance insurance companies already favor clients who have tracking facilities. As growth occurs in consumer services and the more attractive business sectors, mobile providers will need to invest in LBS.
The report analysts after conducting an extensive survey have framed profiling of 6 companies in the area of service providers and solution developers that provide FMS service all over the world.
For more information visit: http://www.rncos.com/Report/COM29.htm
Related Releases are as follows:
Media Citation
- testtest
19 Jan, 2024 - Yourstory.com News @ Foodtech startup Swiggy launches Health Hub in Chennai
23 Mar, 2021 - Yourstory.com News @ Zomato forays into dietary supplements, makes its own 'made in India' brand
16 Mar, 2021 - View more
get in touch
Copyright © 2014, RNCOS, 2002-2014
About Us
Terms & Policy
Contact