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Food Cold Chain Track and Trace Technology Revenues Set to Exceed US$7 Billion Amid Growing Regulatory Scrutiny on Food Supply Chains

Retrieved on: 
Tuesday, April 9, 2024

The implementation of the Food Safety Modernization Act (FSMA) in the United States amplifies this trend, mandating enhanced reporting protocols for various food products and impacting the entire US food supply chain, including exporters.

Key Points: 
  • The implementation of the Food Safety Modernization Act (FSMA) in the United States amplifies this trend, mandating enhanced reporting protocols for various food products and impacting the entire US food supply chain, including exporters.
  • Global technology intelligence firm ABI Research projects that worldwide revenues from food cold chain track and trace operations will surpass US$7 billion by 2032, encompassing hardware sales and recurring SaaS subscriptions.
  • The need for real-time monitoring across the food supply chain has been exacerbated due to the regulatory compliance requirements in North America and Europe.
  • "Beyond regulatory compliance, food waste mitigation is also a key enabler for cold chain monitoring growth in the food industry.

Food Cold Chain Track and Trace Technology Revenues Set to Exceed US$7 Billion Amid Growing Regulatory Scrutiny on Food Supply Chains

Retrieved on: 
Tuesday, April 9, 2024

The implementation of the Food Safety Modernization Act (FSMA) in the United States amplifies this trend, mandating enhanced reporting protocols for various food products and impacting the entire US food supply chain, including exporters.

Key Points: 
  • The implementation of the Food Safety Modernization Act (FSMA) in the United States amplifies this trend, mandating enhanced reporting protocols for various food products and impacting the entire US food supply chain, including exporters.
  • Global technology intelligence firm ABI Research projects that worldwide revenues from food cold chain track and trace operations will surpass US$7 billion by 2032, encompassing hardware sales and recurring SaaS subscriptions.
  • The need for real-time monitoring across the food supply chain has been exacerbated due to the regulatory compliance requirements in North America and Europe.
  • "Beyond regulatory compliance, food waste mitigation is also a key enabler for cold chain monitoring growth in the food industry.

Geotab, Lytx, Samsara, Solera, and PowerFleet Take the Lead in ABI Research's Commercial Video Telematics Vendor Competitive Ranking

Retrieved on: 
Wednesday, November 22, 2023

These implementation and innovation criteria were identified as vital for the continual growth and market acceptance of video telematics solutions among commercial fleets.

Key Points: 
  • These implementation and innovation criteria were identified as vital for the continual growth and market acceptance of video telematics solutions among commercial fleets.
  • The top five overall commercial video telematics leaders, listed by rank, are Geotab, Lytx , Samsara , Solera , and PowerFleet .
  • "Geotab's Marketplace includes over 25 video telematics solutions, including 5 of the top 10 global video telematics solutions.
  • These findings are from ABI Research's Commercial Video Telematics competitive ranking report.

Geotab, Lytx, Samsara, Solera, and PowerFleet Take the Lead in ABI Research's Commercial Video Telematics Vendor Competitive Ranking

Retrieved on: 
Wednesday, November 22, 2023

These implementation and innovation criteria were identified as vital for the continual growth and market acceptance of video telematics solutions among commercial fleets.

Key Points: 
  • These implementation and innovation criteria were identified as vital for the continual growth and market acceptance of video telematics solutions among commercial fleets.
  • The top five overall commercial video telematics leaders, listed by rank, are Geotab, Lytx , Samsara , Solera , and PowerFleet .
  • "Geotab's Marketplace includes over 25 video telematics solutions, including 5 of the top 10 global video telematics solutions.
  • These findings are from ABI Research's Commercial Video Telematics competitive ranking report.

Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion

Retrieved on: 
Wednesday, August 9, 2023

NEW YORK, Aug. 9, 2023 /PRNewswire/ -- The maritime industry has drastically surged its automation efforts in the wake of global seaport congestion.

Key Points: 
  • NEW YORK, Aug. 9, 2023 /PRNewswire/ -- The maritime industry has drastically surged its automation efforts in the wake of global seaport congestion.
  • In addition to solutions such as gantries, automated port gates, and stacking cranes, autonomous horizontal transport modes such as Automated Guided Vehicles (AGVs) that transport containers and loads to and from ships have been the most productivity-augmenting solutions in seaports.
  • Also, from an environmental perspective, automation can lead to efficient operations and faster services.
  • Market Data spreadsheets comprise deep data, market share analysis, and highly segmented, service-specific forecasts to provide detailed insight into where opportunities lie.

Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion

Retrieved on: 
Wednesday, August 9, 2023

NEW YORK, Aug. 9, 2023 /PRNewswire/ -- The maritime industry has drastically surged its automation efforts in the wake of global seaport congestion.

Key Points: 
  • NEW YORK, Aug. 9, 2023 /PRNewswire/ -- The maritime industry has drastically surged its automation efforts in the wake of global seaport congestion.
  • In addition to solutions such as gantries, automated port gates, and stacking cranes, autonomous horizontal transport modes such as Automated Guided Vehicles (AGVs) that transport containers and loads to and from ships have been the most productivity-augmenting solutions in seaports.
  • Also, from an environmental perspective, automation can lead to efficient operations and faster services.
  • Market Data spreadsheets comprise deep data, market share analysis, and highly segmented, service-specific forecasts to provide detailed insight into where opportunities lie.

Rising Affordability of Electric Vehicles Fuels Worldwide Boom in Commercial EV Market, Projected to Surpass US$680 Billion by 2027

Retrieved on: 
Tuesday, June 13, 2023

According to global technology intelligence firm ABI Research, the worldwide commercial Electric Vehicle (EV) market is projected to grow from US$30.7 billion in 2020 to more than US$682 billion by 2030.

Key Points: 
  • According to global technology intelligence firm ABI Research, the worldwide commercial Electric Vehicle (EV) market is projected to grow from US$30.7 billion in 2020 to more than US$682 billion by 2030.
  • "The growing affordability of EVs has been one of the biggest drivers for fleet electrification efforts.
  • One of the main factors driving the affordability of EVs, especially EV trucks, is the decreasing cost of battery technology.
  • UPS has also been an early adopter of EV trucks, with more than 12,000 electric and hybrid vehicles in its fleet worldwide.

Rising Affordability of Electric Vehicles Fuels Worldwide Boom in Commercial EV Market, Projected to Surpass US$680 Billion by 2027

Retrieved on: 
Tuesday, June 13, 2023

According to global technology intelligence firm ABI Research, the worldwide commercial Electric Vehicle (EV) market is projected to grow from US$30.7 billion in 2020 to more than US$682 billion by 2030.

Key Points: 
  • According to global technology intelligence firm ABI Research, the worldwide commercial Electric Vehicle (EV) market is projected to grow from US$30.7 billion in 2020 to more than US$682 billion by 2030.
  • "The growing affordability of EVs has been one of the biggest drivers for fleet electrification efforts.
  • One of the main factors driving the affordability of EVs, especially EV trucks, is the decreasing cost of battery technology.
  • UPS has also been an early adopter of EV trucks, with more than 12,000 electric and hybrid vehicles in its fleet worldwide.

Global Commercial Telematics Revenues to See Rapid Growth, Exceeding US$41 Billion by 2027

Retrieved on: 
Wednesday, February 8, 2023

Technological advancements continue to create new use cases and capabilities of telematics to enhance fleet performance, improve efficiency, and save costs.

Key Points: 
  • Technological advancements continue to create new use cases and capabilities of telematics to enhance fleet performance, improve efficiency, and save costs.
  • According to global technology intelligence firm ABI Research, commercial telematics revenues will reach US$41.67 billion globally by 2027.
  • Due to recent innovations, the fleet management industry has also been experiencing an extensive adoption of video telematics solutions.
  • "The industry is also witnessing a movement of commercial telematics solutions shifting from aftermarkets to trucking OEM factory fits, allowing connected commercial vehicles to be the norm.

Global Commercial Telematics Revenues to See Rapid Growth, Exceeding US$41 Billion by 2027

Retrieved on: 
Wednesday, February 8, 2023

Technological advancements continue to create new use cases and capabilities of telematics to enhance fleet performance, improve efficiency, and save costs.

Key Points: 
  • Technological advancements continue to create new use cases and capabilities of telematics to enhance fleet performance, improve efficiency, and save costs.
  • According to global technology intelligence firm ABI Research, commercial telematics revenues will reach US$41.67 billion globally by 2027.
  • Due to recent innovations, the fleet management industry has also been experiencing an extensive adoption of video telematics solutions.
  • "The industry is also witnessing a movement of commercial telematics solutions shifting from aftermarkets to trucking OEM factory fits, allowing connected commercial vehicles to be the norm.