Thailand Connected Trucks Telematics Market Report 2021:Understanding Fleet Operators? Perceptions, Switching Behaviour, and Willingness to Pay Unlocks Future Growth Potential

News provided by

Apr 28, 2021, 07:15 ET

DUBLIN, April 28, 2021 /PRNewswire/ -- The "Transport & Logistics Sector to Fuel Thailand's Connected Trucks Telematics Market" report has been added to ResearchAndMarkets.com's offering.

This study reports the findings of a 2020 survey about the use of telematics and fleet management systems in commercial vehicles used for transport & logistics and postal & delivery services in Thailand. It provides additional analysis on customer perceptions, switching potential, and willingness to pay for services.

The telematics market in Thailand has evolved over the years and gained a lot of momentum. After an increase in the number of road accidents and lives lost in commercial vehicle accidents, Thailand's government enacted strict regulations for safety and operation that include telematics system installation on trucks and tractor-trucks used for transporting dangerous goods and hazardous materials, and additional features for real-time surveillance through a mobile digital video recorder in order to monitor a driver's in-cabin behaviour.

In 2015, Thailand's Department of Land Transport (DLT) introduced a program that mandates 6-wheel or above vehicles to install a telematics system, a driver card reader, and a driver monitoring system to verify the identity of the driver and monitor road safety practices. Data will be linked in real-time to the DLT's Transport Management Centre.

All public transportation vehicles and 10-wheel vehicles now must have telematics equipment, but the COVID-19 pandemic delayed expansion of the mandate to medium-duty trucks including the 6-wheeler segment until after 2021.

Thailand's telematics market is well prepared for advanced technologies and state-of-the-art features such as advanced driver assistance systems and mobile digital video recording systems with quad high definition and ultra-high definition integrated with vehicle tracking and driver monitoring.

Key Topics Covered:

1. Strategic Imperatives

Why Is It Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top Three Strategic Imperatives on Thailand's Connected Trucks Telematics Market
Growth Opportunities Fuel the Growth Pipeline Engine

2. Research Objectives and Methodology

Research Objectives - Telematics & Fleet Management Survey
Survey Research Scope
Research Methodology

3. Vehicle Segmentation and Regulations in Thailand

Vehicle Segmentation and Solution Usage
Sample Profile
Regulations Pertaining to Transport & Logistics and Postal & Delivery Services
Key Regulations in Thailand
Pattern of Fleet Operation
Daily Driving Hours and Distance Average
Type of FMS Used
FMS Management
Percentage of Vehicles with FMS
Usage of Telematics for Vehicle-related Functions
Usage of Telematics for Operations-related Functions
Usage of Telematics for Driver-related Functions
Third-party or Self-developed Solutions
Third-party Service Providers
Standard vs. Customised Features
Telematics Acquisition and Comparison Behaviour
Switching Telematics Vendors
Criteria for Selecting a Telematics System
Reaction to TSP Features
Additional Comments on Features
Willingness to Pay for Telematics - Initial Costs
Willingness to Pay for Telematics - Initial Costs without Outliers
Willingness to Pay for Telematics - Operational Costs
Willingness to Pay for Telematics - Operational Costs without Outliers
Interest in Telematics Solutions

4. Growth Opportunities Universe

Growth Opportunity 1 - A Well-balanced Business Strategy with Innovative Business Models and Regional Expansion

5. Summary and Conclusions

6. Next Steps

For more information about this report visit https://www.researchandmarkets.com/r/ij9pun

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets