Trailer Telematics Market: Size, Analytical Overview, Growth Factors, Demand, Trends And Forecast To 2018 - 2026
Telematics is combination of telecommunication and informatics. Vehicle telematics provides location information, which is used for different business applications. Transportation companies use telematics to help them manage their fleet, increase driver safety, enhance customer satisfaction, and improve fleet maintenance. Trailer telematics offers several benefits such as it provides the trailer and driver related information which is used for optimizing logistical process. Tracking system help to improve fleet management, remote diagnostics allow fleet to provide immediate support for drives to reduce the downtime. The data can be access by using mobile, computer or iPad and it reduces the operational cost and damages. Therefore, telematics is gaining popularity in the trucking industry. Rise in demand for safe and crash free transportation and to optimize fleet management are likely to drive the trailer telematics market during forecast period. However, high cost of technology ...