Berg Perception, an IoT market analysis supplier, has launched a brand new market examine protecting the fabric dealing with gear (MHE) telematics market. An growing share of fabric dealing with gear comparable to forklifts at the moment are outfitted with telematics-enabled fleet administration programs.
Europe and North America characterize superior telematics markets on this section. Berg Perception estimates that the put in base of energetic materials dealing with gear telematics programs in Europe reached greater than 0.9 million items in 2022. Rising at a compound annual progress price (CAGR) of 16.6%, the energetic put in base is forecasted to achieve 2.0 million items in Europe by 2027.
In North America, the put in base of energetic materials dealing with gear telematics programs is estimated to over 0.5 million items in 2022. The energetic put in base is forecasted to develop at a compound annual progress price (CAGR) of 17.8% to achieve 1.2 million materials dealing with gear telematics programs in North America in 2027.

“Materials dealing with gear telematics programs have been supplied by gear producers and aftermarket suppliers alike for many years”, says Rickard Andersson, principal analyst, Berg Perception.
“Berg Perception ranks Linde Materials Dealing with (KION Group) and Toyota Materials Dealing with (Toyota Industries) as the biggest suppliers of fabric dealing with gear telematics options. Together with the sister manufacturers STILL (KION Group) and Raymond (Toyota Industries) respectively, each teams have put in bases of a number of hundred thousand items deployed on forklifts and comparable. Toyota Industries and KION are additionally established because the main producers of forklifts”, continues Andersson.
Further corporations embody Jungheinrich and Crown Tools, each having estimated put in bases of over 100,000 energetic items, adopted by Speedshield Applied sciences which is a provider to Hyster-Yale Group (HYG). Different aftermarket resolution suppliers embody Powerfleet and GemOne.
“Numerous gamers comparable to Davis Derby, EC2E, Collective Intelligence, Komatsu, Litum, Kiwitron and ELOKON are additionally energetic on this area, all having put in bases of greater than 10,000 items for materials dealing with gear comparable to forklifts”, concludes Andersson.
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