With the continuous growth of the global economy and the booming logistics industry, the demand and usage of commercial vehicles have significantly increased over the past five years. According to data from the International Road Transport Union (IRU), the number of commercial vehicles worldwide has grown by approximately 20% since 2015. Meanwhile, the number of accidents involving commercial vehicles has also shown an upward trend, highlighting the urgent need to enhance the safety of commercial vehicles and providing guidance for the future direction of safety technology development.

Data Driven Safety Management in commercial vehicles

Data-Driven Safety Management

With advancements in big data and analytics technology, data-driven safety management has become an important trend in the commercial vehicle safety field. By collecting and analyzing data on vehicle operation, driver behavior, and traffic environments, companies can more accurately identify safety hazards and implement targeted preventive measures. For example, analyzing data such as speed, braking frequency, and driving time can effectively identify the risk of fatigue driving, allowing for appropriate interventions.

Advanced Driver Assistance Systems ADAS being widely adopted in commercial vehicles

Widespread Adoption of Advanced Driver Assistance Systems (ADAS)

ADAS systems significantly enhance the safety of commercial vehicles by providing features like adaptive cruise control, lane-keeping assistance, and automatic emergency braking. According to forecasts by market research firm MarketsandMarkets, the global ADAS market is expected to reach $91 billion by 2025, with a compound annual growth rate of over 20%. This trend indicates that ADAS systems will become standard in the field of commercial vehicle safety.

ADAS showing features

Development of Autonomous Driving Technology

Autonomous driving technology is seen as a revolutionary innovation in the commercial vehicle safety field. Although fully automated commercial vehicles have not yet been widely deployed, many autonomous driving technologies, such as automatic parking, adaptive cruise control, and automatic emergency braking, have already begun to be applied in commercial vehicles. With the maturation of technology and the perfection of regulations, it is expected that autonomous commercial vehicles will start operating in specific scenarios and regions within the next five to ten years.

autonomous driving technology in commercial vehicles

Application of Vehicle-to-Everything (V2X) Technology

V2X technology enables commercial vehicles to communicate with other vehicles, traffic infrastructure, and even pedestrians, offering new possibilities for enhancing road safety. This technology can provide real-time traffic information and warn of potential dangers, effectively reducing the occurrence of accidents. It is predicted that by 2025, over 50% of new vehicles worldwide will be equipped with V2X technology.

V2X technology in commercial vehicles

MingShang Technology’s Technological Strength and Contributions

MingShang Technology has made significant contributions to school bus safety and commercial vehicle safety. As a leading supplier and manufacturer of commercial vehicle safety technology in China, MingShang Technology has developed a range of innovative safety solutions, including intelligent monitoring systems, ADAS, and V2X technology, utilizing big data and artificial intelligence. The application of these technologies not only enhances the safety performance of school buses and commercial vehicles but also promotes the advancement of safety management in the entire industry.

MingShang Technology’s solutions, through real-time monitoring and data analysis, effectively prevent fatigue driving and other potential safety hazards, significantly reducing the rate of accidents. Additionally, MingShang Technology is actively exploring the application of autonomous driving and V2X technology, bringing new development opportunities to the field of commercial vehicle safety.

mingshang

In conclusion, MingShang Technology’s technological innovations and solutions have made a positive contribution to the field of commercial vehicle safety, demonstrating the immense potential of big data and artificial intelligence in enhancing industry safety levels. As these technologies continue to develop and be applied, the future of commercial vehicles will be safer, smarter, and more efficient, making a greater contribution to global road traffic safety.