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Blue skies ahead for rocketing telematics

19th December 2002
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Page 15, 19th December 2002 — Blue skies ahead for rocketing telematics
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I by Rabin Meezes he European market for CV telemtics systems is set to skyrocket, ccording to latest figures from iarketing consultants Frost & uillvan. The company expects the alue of the CV market to grow from 169.5m (£110m) in 2001 to 74.7bn F,3bn) by 2009. The number of vehlles fitted with telematics systems predicted to rise from 75,550 last ear to more than 5.4m in 2009. Research analyst Tif Awan says: A rising number of new vehicles will come eady-fitted with telematics systems or fleet lanagement system interfaces to enable nplementation of value-added features." elide manufacturers believe these features rill help counter declining margins in vehicle ales,

However. Awan's study also suggests that the se of telematics by vehicle manufacturers to stabilsh a competitive edge will not be sustainMe because a glut of new systems will diminish heir effect. "The growth of just-in-time logisics and the popularity of express delivery soyices have have ramped up the cost of vehicle down!me to operators," he adds.

"Thus technology that reduces downtime is morning increasingly valuable. Companies involved in providing telematics services are set to reap the benefits."

Frost & Sullivan expects a number of contenders to strengthen their position in the telematics market, including Volvo, Scania, DaimlerChrysler, kayTech, TeleAtlas, Siemens VDO Automotive, Bosch, Motorola, Magnet' Marian, Vodafone, and Minorplanet Systems. Contact; 020 7343 8383 or http://frost.com.

• Another recent report on the telematics sector suggests that 52% of all fleet vehicles will have telematics hardware fitted by 2005.

The report, sponsored by telematics system provider Ins Holdings, covers fight and medium CVs as well as cars. It suggests that hardware fitted as OE will account for 70% of the maritet by 2005. Contact: 01992 571811.

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