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Trailer Telematics Market

Top Companies in Trailer Telematics Industry - CalAmp (US), Clarience Technologies (US), Microlise Limited (UK), Samsara (US) and Omnitracs (US)

The trailer telematics market is projected to grow from USD 0.77 billion in 2024 to USD 1.41 billion by 2030 at a CAGR of 10.5%. The growth of this market can be attributed to the increase demand of efficient feet management systems along with growth in cold chain supply in food, pharmaceutical and healthcare sector with strict government regulations.

Major trailer telematic solution providers are from the US and Europe. The top 5 providers of the trailer telematics market are CalAmp (US), Clarience Technologies (US), Microlise Limited (UK), Samsara (US), and Omnitracs (US). Key players in the trailer telematics market are investing in new technologies, global expansion and collabrations with OEMs.

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CalAmp offers wide range of offerings to the customers which enable to gain competitive position in the market.  For instance, Cargo Monitoring, cold chain monitoring smart sensors, geofencing & Alerts for Refrigerated Trailers. The company has a strong focus on new product launches in the field of trailer telematics market. In June 2023, Noregon (US) and CalAmp completed the development of TripVision with remote diagnostic capabilities to thousands of fleets. TripVision, is available to any fleet equipped with CalAmp’s telematics hardware. TripVision’s holistic diagnostic approach provides visibility into the vehicle’s overall state, making it simple to monitor engines, aftertreatment, ADAS, and much more from a single application. Thus with diverse product portfolio and new product launch the company was able to dominate the trailer telematic market.

Microlise Limited offer fleet telematics for Trailer Telematics, Temperature Monitoring, Focus Telematics, Fleet Tracking, Fleet Utilization, Driver Performance, Driver Communications as its products. The company serves various industries, including transportation, logistics, retail, and distribution. Microlise Limited’s comprehensive solutions for trailer telematics include trailer brake performance monitoring, improve trailer management, asset tracking, utilization reporting, load security & assurance and others. Company primary focuswas on advance product development in the telematics market. For instance, in April 2024, Microlise Limited developed Proximity Beacons a hardware which keep track of unpowered trailers and safeguarding high value assets during transit are essential for all operators interested in boosting their efficiency and maintaining a high standard of customer satisfaction.

Samsara offers trailer telematic solutions for the construction, field service, food & beverage, passenger transit, and transportation & logistics industries. It operates through two main business segments - Subscription and Other. Samsara’s s trailer telematics include live geolocation, truck and trailer maintenance, driver efficiency, and temperature monitoring in cold Chain. In past year company have focused majorly on new product development, partnering with OEM and expansion around the globe to gain position in the trailer telematics market. For instance, in June 2024, Continental AG partnered with Samsara, a global telematics provider. The goal of this partnership is to deliver comprehensive, data-driven fleet management solutions with a focus on truck trailers. To accomplish this, both companies will exchange data points, providing customers with access to a broad spectrum of trailer data. Additional in June 2024, Samsara has started its operation with new subsidiary Samsara Technologies India Private Limited in Bengaluru, India it will be for telematics solutions as well.

Owned by Solera (US), Omnitracs offers a comprehensive suite of services in trailer telematics market. These products include GPS trailer tracking software which enhance fleet productivity, communication, safety, and visibility. It also assist in route planning, compliance management, and real-time communication services which are designed to optimize logistics and supply chain operations. The company has a strong presence worldwide in North America, Europe, and other key markets with 11 offices and more than 13,000 customers associated with company. Company have focused on new product launches in the trailer telematics market to gain traction in the industry. For instance, in May 2022, Omnitracs announced the launch of Omnitracs One Route Modeling, a fleet management solution that uses advanced algorithms and data analytics to help fleet operators plan and optimize their last-mile delivery operations, improving efficiency, reducing costs, and enhancing customer satisfaction.

Related Reports:

Trailer Telematics Market by Services (GPS Tracking, Cold Chain Monitoring, Weight Utilization, Performance Management, Predictive & Preventive Maintenance), Form (Embedded, Integrated), Component, Trailer Type, Application - Global Forecast to 2030

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Trailer Telematics Market Size,  Share & Growth Report
Report Code
AT 9293
RI Published ON
1/14/2025
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