The Internet of Things (IoT) is restructuring several sectors, including the transportation industry. We have to admit that connected devices are changing our lifestyle. IoT connectivity, smart sensors and gadgets, edge computing, mobile apps and cloud services will revolutionize the way you interact with and use your cars. In this article we tell you about a number of interesting IoT applications in the transport sector.
The independent market research, “Automotive IoT Market by Platform-Global Forecast to 2025” by GlobeNewswire predicts that the Automotive IoT market will grow at a CAGR (Compound Annual Growth Rate) of 2019% between 2025 and 16,4 and $2025 by 541,73 will reach .XNUMX billion.
The advent of IoT in the automotive industry has opened new avenues for automakers and buyers around the world. With IoT technologies, the automotive industry creates innovative and advanced solutions, including connected car solutions, navigation and telematics solutions, predictive maintenance solutions and Vehicle-to-Vehicle (V2V) applications.
The implementation of IoT in the transport sector has led to a huge development in the field of fleet management. Trucks today are integrated with weight measurement, location tracking and several other sensors.
The volume of sensor data collected from a large fleet of such trucks is stored in a cloud. This data is then processed through various analysis functions and displayed in a visual format. A fleet manager can easily go through this information to monitor various parameters of its fleet. The biggest benefits of IoT for Fleet Management at a glance:
IoT solutions are indispensable for monitoring vehicle engine operation, as well as monitoring fuel efficiency. Connected smart devices send registered data to an online platform and help to find out, for example, the total distance that a particular vehicle has traveled and at what speed. By integrating IoT sensors into vehicles, fleet managers can receive real-time information about fuel consumption. This helps to track idle speed, which not only consumes fuel but also increases emissions.
A connected car is an Internet of Things (IoT) technology with broad implications. This technology has become the new standard in the automotive industry. It is expected that it will continue to improve over the years. Sooner or later, all vehicles will be equipped with an internet connection.
Connected cars facilitate fast data transfer and increase driver response time through improved vehicle communication. Based on the vehicle's connection to different objects, the CV2X is divided into four categories:
Predictive analytics is one of the most startling features of IoT automotive. The sensors built into various parts of a car collect data and share it with a platform. This data is then processed by an algorithm that can analyze the future results of the part based on its performance.
The IoT car maintenance system also helps a person to take the necessary steps to prevent their car parts from suddenly failing. Like a vehicle's dashboard indicators, this system alerts the driver to potential malfunctions. However, the alerts are sent to the driver's mobile long before the problem occurs. This helps the driver to take cost-effective and time-saving steps to avoid component failure while driving.
The examples are endless for IoT in the Automotive sector. Inspired by these IoT examples for the automotive sector? We are happy to think along with you in finding the right connectivity. IoT gives you the opportunity to optimize the quality, sustainability and efficiency of your activities. For more information, please contact our IoT specialists at;sales@comgate.io
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