Berylls Strategy Advisors Releases Findings of Revolution in Trucking Industry

DETROIT, April 13, 2021 /PRNewswire/ -- Berylls Strategy Advisors, a global management consulting firm fully focused on the automobility industry, recently completed a study, "TRUCKING 2030 – How the Truck & Trailer Industry is Being Revolutionized in Just One Decade," that highlights revolutionary changes that will take place in the trucking industry over the next decade. Berylls has accumulated unique findings from more than 50 interviews with senior executives across the trucking and commercial vehicle value chain on the three most important forces that will impact the industry. These include dominant propulsion systems, essential digital business models and the role of autonomous applications.

Propulsion Systems

The value propositions and core competencies in electrification have moved from optional to a competitive necessity. Berylls' analysis shows the trucking industry will be dominated by a combination of BEV and hydrogen fuel cell vehicles (FCVs), depending on the use case. While short and medium distances will be covered by battery electric vehicles, FCVs are the preferred solution for long-haul as well as payload sensitive applications. Within the next ten years, 35% of new trucks will be zero emission vehicles.

Digitalization

Digitalization is revolutionizing all sectors of the economy. To increase productivity and efficiency, the trucking industry must evolve from telematics to digital logistics. Driven by demand for the connectivity rate of trucks to increase from 50 percent to 100 percent by 2030, Berylls identified an efficiency potential of up to 15 percent by shifting from a business model centered on vehicles to one offering intelligent cargo space, which is characterized by continuous deployment of new features, seamless integration with transport management systems and platform economics.

Autonomous Technology

Driverless trucks will provide a transport system with unprecedented efficiency and safety. Unanimous legislative standards must account for intra and international boundaries. According to the survey, autonomous trucking will be widely commercialized on the SAE Level 4 standard for hub-to-hub regional distribution until 2030 – flexible and international routes will be longer-term. The feasibility of Level 5 is highly contentious. The entry ticket for participation in autonomous opportunities requires players to identify and control the future customer interface and develop new operation models and partnerships ready for automation.

"There is no question that the trucking industry revolution will happen, it's just a matter of how and when," said Martin French, Berylls Group U.S. managing director. "Climate change, digitalization and demographic changes are exerting extreme pressure on the industry. Those companies that will succeed must quickly update business models, identify a competitive advantage and establish key partnerships."

ABOUT BERYLLS GROUP

The Berylls Group's services are fully dedicated to the automotive industry. Our global experts understand the industry's key challenges and are developing ways to achieve sustainable success in the automobility eco system. Our professionals, using innovative & digital strategies are networking across our four specialized units to offer our clients end-to-end support, from strategy development to implementation. The Berylls Quartet:

Berylls Strategy Advisors – Our top management consultants' expertise extends across the complete value chain of automobility – from long-term strategic planning to operational performance improvements. The team has broad experience in automotive thought leadership, profound industry knowledge, innovative problem-solving competence, and entrepreneurial thinking.

Berylls Digital Ventures –The development of digital products and the implementation of new business models are increasingly required to drive the realization of our clients' strategic concepts. The BDV team works with clients end-to-end, investing in promising startups and bringing digital, turn-key ready solutions to market.

Berylls Mad Media – These experts develop and operate tailored solutions, including data-driven marketing, integrated service designs and IT architectures. We strengthen customer loyalty, market exploitation, and profitability – taking vehicles and services to market digitally.

Berylls Equity Partners – is a private investment company, supported by strong anchor investors and pursuing an entrepreneurial approach. We carefully select, acquire, and improve operationally companies with value potential in the mobility industry.

For more information, visit www.berylls.com.

SOURCE Berylls Strategy Advisors

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED