Uptake of Safety Systems in the North American Class 6-8 Truck OE Market Encouraged...

Uptake of Safety Systems in the North American Class 6-8 Truck OE Market Encouraged by Evolving Regulations

PALO ALTO, Calif.--(Business Wire)--Evolving regulations offer huge potential for the growth of safety
systems in the class 6-8 truck OE market in North America.

Additionally, the market will likely benefit from declining safety
system prices and the currently low installation rates in class 6-8
trucks. Overall, as large truck fleet operators wish to avoid rising
accident costs the market will experience increased demand.

New analysis from Frost & Sullivan
(http://www.financialservices.frost.com), North American Class 6-8
Truck OE Safety Systems - Investment Analysis, finds that the market
earned revenues of $356.4 million in 2006 and projects this market to
earn revenues of $516.2 million in 2010.

If you are interested in a virtual brochure, which provides
manufacturers, end users, and other industry participants an overview
of the latest analysis of the North American Class 6-8 Truck OE Safety
Systems - Investment Analysis, then send an e-mail to Sara Villarruel
- Corporate Communications at sara.villarruel@frost.com with the
following information: your full name, company name, title, telephone
number, e-mail address, city, state, and country. We will send you the
information via e-mail upon receipt of the above information.

"The huge costs incurred through loss of property, life,
productivity, litigation, and reputation have compelled regulatory
bodies such as the National Highway Traffic Safety Administration
(NHTSA) and the Federal Motor Carrier Safety Administration (FMCSA) to
promote the adoption of safety systems," says Frost & Sullivan
Research Analyst Sethuraman Arunachalam. "The introduction of bill
number HR 3820 in the 110th U.S. Congress in October 2007 paved the
way for renewed efforts toward mandating the implementation of
advanced safety technologies in all commercial vehicles including
class 6-8 trucks."

To stay competitive in this emerging and fast-growing market,
class 6-8 fleet operators in North America have to focus on improving
the functional efficiency of safety products. They can retain market
shares as well as truck drivers by using emerging safety technologies
and systems as product differentiators and driver retention tools.

"The majority of these safety technologies are currently in their
evolutionary stages and therefore have not been able to establish
themselves in the market as credible and electronically reliable
products," notes Arunachalam. "Safety system companies need to design
and manufacture systems that are fault-proof under all circumstances
by improving their electronic reliability."

Safety system manufacturers could also catalyze higher uptake by
spreading awareness about the utility and features of these systems.

North American Class 6-8 Truck OE Safety Systems - Investment
Analysis is part of the Financial Benchmarking and Analysis Growth
Partnership Service program, which also includes research in the
following markets: North American Light Vehicle Infotainment Systems
Market - Investment Analysis, and European Telematics and Infotainment
Aftermarket: Investment Opportunities. All research services included
in subscriptions provide detailed market opportunities and industry
trends that have been evaluated following extensive interviews with
market participants. Interviews with the press are available.

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North American Class 6-8 Truck OE Safety Systems - Investment
Analysis

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