Market ReportVehicle Telematics

The installed base of active cargo tracking units will reach 8.9 million by 2022, says report

The number of active tracking devices deployed for cargo loading units including trailers, intermodal containers, rail freight wagons, air cargo containers, cargo boxes and pallets reached 3.7 million worldwide in 2017. Growing at a compound annual growth rate (CAGR) of 19.6 percent, this number is expected to reach 8.9 million by 2022, according to a report by Berg Insight.

Trailer telematics is today the most developed market, however in terms of installed units the intermodal container tracking market is expected to take over the leading position during the forecasted period. 

Berg Insight ranks ORBCOMM as the largest vendor of tracking solutions for cargo loading units, having a significant installed base of trailers as well as containers. The company together with SkyBitz, Omnitracs, Spireon and I.D. Systems is the leading players on the North American trailer telematics market in terms of number of active units.

The European trailer telematics market is considerably smaller than the North American and is dominated by Idem Telematics, Schmitz Cargobull and Novacom.

On the market for container tracking solutions, two major vendors are Envotech and Numerex based in Malaysia and the US respectively. Asto Telematics and Nexiot based in Europe and Amsted Rail based in North America are significant vendors of tracking solutions for rail freight wagons. Sensitech and Sendum Wireless are moreover notable players in the general cargo segment, also offering solutions for air freight cargo tracking.

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