Free press releases distribution network?

Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Frost & Sullivan Projects Strong Growth for European Commercial Vehicles Telematics Market Despite Current Economic Slowdown - The impact of the economic downturn on the European heavy and medium commercial vehicles telematics market will be outweighed by strong market-driving factors including fleet process optimisation and cost cutting
Frost & Sullivan Projects Strong Growth for European Commercial Vehicles Telematics Market Despite Current Economic Slowdown

 

PRZOOM - /newswire/ - London, United Kingdom, 2009/06/25 - The impact of the economic downturn on the European heavy and medium commercial vehicles telematics market will be outweighed by strong market-driving factors including fleet process optimisation and cost cutting.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Moreover, the replacement cycle in mature markets such as the Benelux as well as nascent demand in emerging markets like Poland, where fleet management system installed base is expected to grow at 16.5% CAGR through 2008 – 2015, will further promote market expansion.

New analysis from Frost & Sullivan (automotive.frost.com), An Update on European Heavy and Medium Commercial Vehicles Telematics Market, finds that the market earned revenues of €413.5 million in 2008 and is estimated to reach €963.1 million in 2015. The research covers commercial vehicle telematics applications, primarily fleet management systems, track and trace, remote vehicle diagnostics, emergency assistance and navigation (as a service bundled with a fleet management system).

"The inherent need for fleets to be more profitable and customer-centric in order to establish a competitive edge in tough market conditions is fuelling the demand for various telematics solutions," notes Frost & Sullivan Research Analyst Karthik Elamvaluthi. "At the same time, fleet operators are compelled to adopt telematics in order to meet rising customer demand for a high degree of service and information transparency."

In difficult economic conditions, fleet operators are bound to look for cost cutting opportunities that also boost their competitive edge. Telematics provides the necessary tools to effectively monitor, analyze and optimise truck driver behaviour and fuel consumption for operation cost optimisation. Moreover, telematics facilitates superior service delivery.

The commercial vehicles telematics market has not been spared by the economic slowdown and credit crisis which have, to a great extent, negatively influenced market dynamics. Although there is a section of cash-rich fleets that continues to invest in telematics even during difficult times, most fleets across Europe are procrastinating or simply avoiding any potential investment.

"The current slowdown and credit crunch is dissuading fleet operators from any potential investments that target the overhaul of their operations," explains Elamvaluthi. "This might lead to the postponement of system replacement in certain cases and, in others, to delays in upgrading from the existing track and trace system to a fleet management system."

Telematics vendors should focus on creating a perfect mix of product with service at the right price to reduce the cost of ownership and improve the rate of return on investment. In order to maximise growth potential, companies should focus on effectively promoting in major markets and on emphasising awareness creation in emerging markets.

"Ideally, fleet operators will continue to invest once the payback time is shorter and telematics vendors extend viable and attractive finance options," concludes Elamvaluthi. "Companies should focus on finding the right product and service and finance option mix to target fleets in the current scenario."

If you are interested in a virtual brochure which provides a brief synopsis of the research and a table of contents, please email Monika Kwiecinska, Corporate Communications, at monika.kwiecinska[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, a brief brochure will be sent to you by email.

An Update on European Heavy and Medium Commercial Vehicles Telematics Market is part of the Automotive & Transportation Growth Partnership Service programme, which also includes research in the following markets: Executive Update of European Passenger Vehicle Telematics and Infotainment Markets, Strategic Analysis of the Russian Automotive Market: New Opportunities for the Global Participants and, An Update of European Markets for Telematics Based Pay-As-You-Drive Vehicle Insurance. All research included in subscriptions provides detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents.

An Update on European Heavy and Medium Commercial Vehicles Telematics Market / M33C

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


Frost & Sullivan Projects Strong Growth for European Commercial Vehicles Telematics Market Despite Current Economic Slowdown

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Automotive & Transportation | Frost & Sullivan
Contact: Monika Kwiecinska 
+48 22 390 4127 monika.kwiecinska[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Frost & Sullivan / Company Profile


Read Automotive/Trucking/RV Most Recent Related Press Releases:

New Business Models and Service Expansion in European Automotive Aftermarket eRetail Strengthen Growth Opportunities Finds Frost & Sullivan
Vehicle Parc and Market Dynamics Transform KSA Automotive Aftermarket, Forcing Vendors to Change Their Business Approach
First MAN TGX EfficientLine 3 Goes to Spedition Hillert
NEOPLAN Tourliner Wins iF Design Award 2017
Field Testing the New MAN Six-cylinder Naturally Aspirated Engine for Cogeneration Systems
Turkish Medium- and Heavy-duty Truck Manufacturers to Increase Production Volumes and Quality to Meet Evolving User Demands Finds Frost & Sullivan
MAN Truck & Bus Begins Selling The TGE
MAN Joins CharIN
Connected Truck Telematics Providers Focus on Partnerships to Keep Pace with Digital Transformation Finds Frost & Sullivan
MAN and CNL to Bring eTrucks to Our Roads

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  NAKIVO, Inc.

Visit  MagLar, Inc.







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today