Case Study Overview
Our customer provides fleet management solutions that not only focus on vehicle tracking, mechanical diagnostics, and driving behavior but also aim to enhance ROI by delivering reliable and high-quality data. They recognize the importance of data accuracy and consistency in driving business success. Their solutions are specifically designed to address the unique needs of each business, ensuring data reliability for informed decision-making. By focusing on the precision of their telematics solutions, they help businesses improve efficiency and make decisions that directly contribute to a better return on investment.
Vehicle telematics demands reliable connections, accurate location tracking, and seamless OTA updates to ensure rider safety and vehicle performance. IoT-enabled Telematics Control Units (TCUs) capture real-time diagnostics, driver behavior, and sensor data to power predictive maintenance and boost fleet efficiency. By embedding Cavli’s C16QS-based TCU into both EV and non-EV vehicles, operators gain multi-network roaming via eSIM, rapid GNSS fixes, and hassle-free remote firmware patches, all without swapping hardware. This setup delivers instant visibility into vehicle health, geofence compliance, and energy usage, empowering teams to intervene before issues escalate. The result is a more secure, efficient fleet with fewer unplanned stops, streamlined operations, and a clear path to lower total cost of ownership.
Highlights
Rising Demand
The automotive TCU market will grow from $11.3B in 2023 to $37.7B by 2032 at a 13% CAGR.
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Surge in Connected Vehicles
The 4G/5G automotive TCU market will grow at over 19% CAGR from 2024 to 2032, driven by demand for connected vehicles.
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Consumer Vehicles on Top
The passenger vehicle segment dominated the market, holding about 57.2% of revenue in 2023, driven by widespread use of ADAS and infotainment systems. It is projected to lead with a 56.8% market share in 2032.
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