Telematics refers to the procedure used to supervise the motion and location of a vehicle by incorporating a Global Positioning System (GPS) with an on-board diagnostics system. Also, It helps in tracking the internal behaviour and speed of the vehicle. The system is mainly acquired by fleet management, automobile insurance, and other companies. Telematics technology is implemented by ride-sharing companies to administer drivers and enable passengers to track them.
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As per the Synchronous Condenser Market Forecast, synchronous Condenser or Compensator is a motor operating without mechanical load. It assimilates reactive volt-ampere (VAr) by changing the agitation of its field winding. In addition, it has the potential to engender up to 150% extra vars and acts as a substitute to capacitor banks.
Global Smart Elevators Market Size, Share, Growth Opportunities, Statistics, Market Scope, Revenue, Research, Trends & Global Industry Forecast Report, 2021-2028