Transportation and Logistics

Freight transportation accounts for 65% of the global logistics industry, with road freight accounting for over 20% of this volume. With the increase in eCommerce and global trade, the Asia-Pacific region and parts of Africa are expected to grow in the future and drive the markets for road freight service. However, the impact of Brexit and the US-...

Warehousing accounts for 18% of the $12 trillion globally spent on logistics. Warehousing refers to the temporary storage of goods before they are distributed to the end user in the supply chain. The industry has evolved over the years from providing only storing goods to offering other value-added services such as picking and packing, sub-assembly...

09 Dec 2019  |  North America  |  Market Research

Mexican Connected Truck Market, Forecast to 2025

Telematics Solutions are Vital to Transportation Companies and Private Fleets in Terms of Addressing Pain-points Across Different Types of Industries

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Key Issues Addressed

The Mexican connected truck market is highly fragmented and comprises more than 50 telematics companies and leading OEMs. The transportation start-up ecosystem is small but is beginning to grow. Since 2016, the country has faced declining commercial vehicle (CV) sales; however, a marginal recovery has been recorded this year (2019). This growth tre...

The explosive growth of cross-border eCommerce is supported by the increasingly young and urban population with easy access to technology such as mobile phones and tablets. Cross-border eCommerce trade between Europe and Asia is significant, with China being the most popular country for online shoppers in the West, driven by low prices and a wide v...

The economic environment remains strong due to increasing domestic demand, favorable employment conditions, and high consumer confidence levels. Growth momentum is expected to be sustained in 2018, with the regional economy expected to grow by 2.1% in 2018. However, trade tensions, increase in energy prices, and uncertain policy environment are exp...

Lack of seamless connectivity and poor infrastructure remain the major challenges for trade and logistics in many countries in the Eurasian region. Chinas One Belt One Road (OBOR) initiative is expected to improve connectivity by inter-linking the transport infrastructure across East Asia, Southeast Asia, South Asia, Central Asia, Middle East, East...

Increasing urbanization and rise in demand for urban and intercity mobility have resulted in growing need for energy efficient transportation solutions. There will be more than 20 mega regions around the globe that open up avenues for smart and integrated transportation by 2025. Urbanization and congestion trends are prevalent more in developed reg...

Bearings are crucial for smooth operations of railway vehicles and for the safety of commodities and people being transported. Lowering noise levels and vibrations, high load carrying capacities, and long life are the expectations of bearings in rail. Rail axle bearings are mounted to the wheel axle journal and are a link between the wheel and fram...

Norway is one of the best-performing Nordic economies, and it is driven by public consumption. The steady economic growth is ensured by a stable banking system, a regulatory environment that encourages entrepreneurial activity, and monetary solidity. Economic growth will strengthen gradually until 2018, supported by a rebound in non-oil investment ...