Southeast Asia is a rapidly growing transport market and is also becoming a hub for manufacturing. Accordingly, to support growing fleets and fleet managers the telematics market in the region is expected to reach 3.57 million units, registering a CAGR of 11.53% by 2029.
Transportation is a major revenue generator projected to amount for US$126.30bn in 2024 in Southeast Asia – but at the same time has been a key driver of CO2 emissions. However, governments across Southeast Asia in countries such as Thailand, Bangkok and Indonesia are introducing fuel efficiency standards and plan to accelerate the rollout of EVs nationally.
Sustainability is good news for fleet managers. An efficient fleet is not just good for the environment, it’s good for business too – and telematics makes the change easier than ever.
Data-Driven Efficiencies
By providing visibility over a fleet, managers can find ways to reduce costs and mitigate environmental impacts. Real-time analytics allow for immediate adjustments, leading to reduced carbon footprint and a move towards achieving environmental targets. Detailed data on maintenance, fuel consumption and driver behaviours can help businesses unlock more efficiencies. And by reducing unnecessary idling and optimising routes, telematics can help reduce emissions and operational costs.
Geotab’s Green Fleet Dashboard helps fleet managers monitor indicators ranging from fuel usage to emissions and compares fleet fuel economy with a benchmark of similar fleets in the Geotab ecosystem. It provides the hard data needed to validate green initiatives to stakeholders and regulatory bodies.
Easy Electrification
As governments worldwide push for lower emissions, the transition to EVs is accelerating.
In practice, EVs are more likely to be integrated into a fleet slowly, with managers transitioning when they retire their oldest and least efficient vehicles. Telematics makes it simple for managers to figure out which vehicles to replace, providing guidance on which EVs provide the greatest long-term financial benefits and environmental impact.
Geotab’s Electric Vehicle Suitability Assessment report offers fleet managers transparency by gathering data about a fleet and comparing it with the manufacturers data for EVs in each market. After making the switch, telematics can optimise range management, while remote monitoring and diagnostics capabilities allow access to real-time data, enabling prompt and effective vehicle maintenance.
The Road Ahead
Telematics stands at the centre of modern fleet operations and Geotab is committed to enabling real and measurable progress towards sustainability, while helping businesses manage their costs.
