Frost Radar™: Commercial Vehicle Telematics Market in Thailand, 2020
Published on: 11-Dec-2020 | SKU: AU02083-AP-MR_25033

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Road traffic accidents and losses involving commercial trucks and buses in Thailand have led to more regulations regarding commercial vehicle specifications, safety, and operation.

In 2013, the Thai government began to implement GPS installation on trucks and tractor trucks used specifically for the transport of dangerous goods and hazardous materials, and an additional feature for real-time video surveillance of the vehicle (through a mobile digital video recorder, or MDVR) in order to monitor the driver’s in-cabin behavior.

Thailand’s Department of Land Transport (DLT) in 2015 initiated a program to require 6-wheel or above vehicles to install GPS location tracking, a magnetic card reader (or identification device), and a driver monitoring system to verify the identity of the driver and monitor road safety practices. All data will be linked in real time to the DLT’s Transport Management Center.

All public transportation vehicles, including commercial buses, have been required to install the relevant telematics equipment since 2017, with installation mandated for all 10-wheeler vehicles (including trucks and tractor trucks) by 2019. Because of the COVID-19 pandemic, the telematics equipment mandate for medium-duty trucks, including the 6-wheeler segment, will be postponed from 2020 to 2021–2022.

Advanced technologies and next-generation features will be important components of effective telematics solutions. They include advanced driver assistance systems integrated with vehicle tracking and driver monitoring; improved video quality and frame rate, particularly quad high-definition and ultra-high-definition (4K or higher), and reduced delay time of MDVR data transmission; and bundled telematics equipment leasing and subscription packages instead of a one-time purchase and a subscription.

The Frost Radar™ reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles on each of the companies in the Frost Radar™ based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes hundreds of companies in the industry and benchmarks them across 10 criteria on the Frost Radar™, where the leading companies in the industry are then positioned.

Author: Nattachai Charusilawong

Strategic Imperative

Growth Environment

Growth Environment (continued)

Frost Radar™: Commercial Vehicle Telematics Market in Thailand

Frost Radar™: Competitive Environment

Frost Radar™: Competitive Environment (continued)

Frost Radar™: Competitive Environment (continued)

Andaman Tracking

DTC Enterprise

Forth Tracking System

GPS Thai Star

GPSiam

Guarantee GPS

MappointAsia Logistics Solutions

Onelink Technology

Thai GPS Tracker

Strategic Insights

Significance of Being on the Frost Radar™

Frost Radar™ Empowers the CEO’s Growth Team

Frost Radar™ Empowers Investors

Frost Radar™ Empowers Customers

Frost Radar™ Empowers the Board of Directors

Frost Radar™: Benchmarking Future Growth Potential

Frost Radar™: Benchmarking Future Growth Potential

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Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform

Growth Index

Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.

  • Market Share (previous 3 years)
    This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years.
  • Revenue Growth (previous 3 years)
    This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™.
  • Growth Pipeline
    This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities.
  • Vision and Strategy
    This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision?
  • Sales and Marketing
    This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.

Innovation Index

Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.

  • INNOVATION SCALABILITY
    This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals.
  • RESEARCH AND DEVELOPMENT
    This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline.
  • PRODUCT PORTFOLIO
    This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue.
  • MEGATRENDS LEVERAGE
    This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline.
  • CUSTOMER ALIGNMENT
    This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.

Significance of Being on the Frost Radar™

Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.

  • GROWTH POTENTIAL
    Your organization has significant future growth potential, which makes it a Company to Action.
  • BEST PRACTICES
    Your organization is well positioned to shape Growth Pipeline™ best practices in your industry.
  • COMPETITIVE INTENSITY
    Your organization is one of the key drivers of competitive intensity in the growth environment.
  • CUSTOMER VALUE
    Your organization has demonstrated the ability to significantly enhance its customer value proposition.
  • PARTNER POTENTIAL
    Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.

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Road traffic accidents and losses involving commercial trucks and buses in Thailand have led to more regulations regarding commercial vehicle specifications, safety, and operation. In 2013, the Thai government began to implement GPS installation on trucks and tractor trucks used specifically for the transport of dangerous goods and hazardous materials, and an additional feature for real-time video surveillance of the vehicle (through a mobile digital video recorder, or MDVR) in order to monitor the drivers in-cabin behavior. Thailands Department of Land Transport (DLT) in 2015 initiated a program to require 6-wheel or above vehicles to install GPS location tracking, a magnetic card reader (or identification device), and a driver monitoring system to verify the identity of the driver and monitor road safety practices. All data will be linked in real time to the DLTs Transport Management Center. All public transportation vehicles, including commercial buses, have been required to install the relevant telematics equipment since 2017, with installation mandated for all 10-wheeler vehicles (including trucks and tractor trucks) by 2019. Because of the COVID-19 pandemic, the telematics equipment mandate for medium-duty trucks, including the 6-wheeler segment, will be postponed from 2020 to 2021–2022. Advanced technologies and next-generation features will be important components of effective telematics solutions. They include advanced driver assistance systems integrated with vehicle tracking and driver monitoring; improved video quality and frame rate, particularly quad high-definition and ultra-high-definition (4K or higher), and reduced delay time of MDVR data transmission; and bundled telematics equipment leasing and subscription packages instead of a one-time purchase and a subscription. The Frost Radar™ reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles on each of the companies in the Frost Radar™ based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes hundreds of companies in the industry and benchmarks them across 10 criteria on the Frost Radar™, where the leading companies in the industry are then positioned. Author: Nattachai Charusilawong
More Information
Deliverable Type Frost Radar
No Index No
Podcast No
Author Nattachai Charusilawong
Industries Automotive
WIP Number PB42-01-00-00-00
Is Prebook No
GPS Codes 9673-A6,9800-A6,9674-A6,9694

Frost Radar™: Commercial Vehicle Telematics Market in Thailand, 2020

AutomotiveFrost Radar™: Commercial Vehicle Telematics Market in Thailand, 2020

A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines

RELEASE DATE
11-Dec-2020
REGION
Asia Pacific
Deliverable Type
Frost Radar
Research Code: PB42-01-00-00-00
SKU: AU02083-AP-MR_25033
AvailableYesPDF Download
$4,950.00
In stock
SKU
AU02083-AP-MR_25033