Trailer and Cargo Container Tracking is the seventhconsecutive report from Berg Insight analysing the latestdevelopments on the trailer and cargo container tracking marketworldwide.
This strategic research report from Berg Insight provides youwith 250 pages of unique business intelligence including 5-yearindustry forecasts and expert commentary on which to baseyour business decisions.
Highlights from this report:
Insights from 30 new executive interviews with market leadingcompanies.
Comprehensive overview of the real-time cargo tracking valuechain and key applications.
In-depth analysis of market trends and key developments.
Summary of major cargo tracking initiatives from the EU andthe US.
Updated profiles of 96 container tracking solution providers.
Detailed forecasts by market vertical lasting until 2023.
This report answers the following questions:
Which are the leading providers of trailer and cargo containertracking solutions?
What offerings are available from device vendors and serviceproviders?
What impact will international regulations and security initiativeshave on the market?
What are the key drivers behind the adoption of cargo trackingdevices?
What are the recent merger and acquisition activities on thismarket?
What impact will technology advancements have on the market?
How will the cargo telematics industry evolve in the future?
Trailer and cargo container tracking is a subsegment of asset tracking and aims to increaseoperational efficiency and make logistics chains more secure. Berg Insight’s definition of areal-time tracking solution is a system that incorporates data logging, satellite positioning anddata communications to a backoffice application. Trailer tracking can be part of fleetmanagement solutions including both trucks and trailers. The history of fleet managementsolutions goes back several decades while tracking and monitoring of shipping containerscame in focus after 9/11. Today, mobile and satellite networks can provide ubiquitous onlineconnectivity at a reasonable cost and mobile computing and sensor technology delivers highperformance as well as excellent usability. All of these components combined enable thedelivery of supply chain management, security management and operations managementapplications linking trailers, containers, cargo and enterprise IT systems.
In order to make freight transport efficient, products are packed into collective logistics unitswhich can remain intact throughout the delivery chain. Smaller logistics units such as boxesand pallets are often grouped into larger units and loaded on trailers, semi-trailers, swapbodies, rail freight wagons, air freight unit load devices (ULDs) or intermodal shippingcontainers. These loading units can be applicable to one or more modes of transport. Trailersand semi-trailers are mostly used in road transport, swap bodies can be transferred betweenroad and rail transport, rail freight wagons are used on railways, ULDs are used in air freighttransport and shipping containers can be carried on several transport modes. More than 25million intermodal containers and over 14 million trailers are in use worldwide.Berg Insight estimates that shipments of remote tracking systems with cellular or satellitecommunications capabilities for cargo loading units including trailers, intermodal containers,rail freight wagons, air freight cargo containers, cargo boxes and pallets reached 2.0 millionunits worldwide in 2018. Growing at a compound annual growth rate of 27.4 percent, theshipments are expected to reach 6.8 million units in 2023. During the same period, theinstalled base of remote tracking systems is forecasted to grow at a compound annualgrowth rate of 27.3 percent from 6.1 million units at the end of 2018 to 20.4 million units by2023. Trailer tracking is the largest market segment, estimated to account for 40.7 percent ofthe total installed base of tracking units deployed on trailers and cargo containers in 2018.General cargo tracking and intermodal container tracking are the second and third largestsegments with estimated shares of 27.7 percent and 24.8 percent respectively of the totalinstalled base at the end of 2018.
Berg Insight ranks ORBCOMM as the largest provider of tracking solutions for cargo loadingunits, having a significant installed base of trailers as well as containers. The company’s totalinstalled base reached 915,000 units at the end of 2018. The second largest player SkyBitzhas an installed base of 510,000 tracking units, primarily on trailers. Additional large playerson the North American trailer telematics market are Omnitracs, Spireon and I.D. Systems,having between 100,000–300,000 installed tracking units each. The European trailertelematics market is considerably smaller. Idem Telematics is the leading player with 65,000active units while other top European players include Schmitz Cargobull, CLS Group andTransics/WABCO having between 25,000–40,000 active trailer units each. Mecomo andAgheera, also based in Europe, are strong vendors in the adjacent swap body segment.
Envotech based in Malaysia and Sierra Wireless and Geoforce based in the US have largeinstalled bases on containers. Future Telematics, Intermodal Telematics and Nexiot based inEurope and Amsted Rail based in North America are significant vendors of tracking solutionsfor rail freight wagons. Sensitech, Roambee and OnAsset Intelligence are moreover notableplayers in the general cargo segment, also offering solutions for air freight cargo tracking.Berg insight anticipates that there will be a strong focus on increased supply chain visibilityand transport security in the coming years. Tracking of trailers, intermodal containers, ULDsand rail freight wagons is increasingly common and technology advancements in recentyears has made it possible for smaller logistics units such as individual pallets or cargo boxesto be tracked at a reasonable cost. General acceptance of remote tracking solutions was firstestablished in specific usage scenarios such as high-value, time-critical or refrigerated goods.Decreasing hardware costs, improved battery life and the emergence of LPWA technologiesare expected to impact the market positively and foster wide-spread adoption of cargotracking solutions in the coming years.
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