The 21st Century has given rise to location-based communication and information applications – making our lives safer, more integrated, energy efficient, and for those of us who are directionally challenged – it’s revolutionized the highway map.
M2M OEMs such as Continental and Borg have been developing these telematics devices at a rapid pace since the early 2000’s as business and consumer demand has soared. To put this in perspective, in 2008 the total net market value for telematics and telemetry equipment was $11.6 billion and it is projected to reach $40.3 billion in 2016.
As the telematics market has evolved, so have consumer trends and integration methods. Most recently, telemetry hardware is being embedded within a larger product. For example, gone are the days of suction-cupping a Global Positioning System to your windshield. This trend anticipates that consumers will choose to pay recurring monthly fees for the convenience of having integrated software, like OnStar’s in-vehicle communication service.
Just as consumer trends have changed, the market for telematics devices has expanded. Today, the U.S. government is integrating telematics into homeland security fleet vehicles and the emerging smart grid technology industry is utilizing telematics in its metric system.
The future of telematics is sure to include a rise in smartphone applications, such as automobile apps that allow users to interact with their car with the strike of the thumb. One thing is for sure – telematics devices will continue to require power systems with higher charging densities that can perform in a range of environments.
Palladium Energy’s battery packs are safe, reliable, and are designed to meet the rigorous certification requirements of telematics devices. At Palladium, we also have the industry’s only independent and accredited test lab, IQ Laboratories, where we can design, test, and certify each battery pack to the most stringent of industry standards. Every battery pack we manufacture for telematics devices are custom engineered and designed for this burgeoning and rapidly changing market.
– Rebecca Kritzman, Director of Marketing
