Global Fleet Management Market, By Vehicle Type (LCV, HCV, Railways, Aircraft, Watercraft), By Deplo

Published Date: | Report Code : IT1919783

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Market Dynamics:

The Fleet Management Market is expected to promise high growth owing to the increasing demand for logistics and transport optimization in recent years. Increasing demand from end-use industries including transportation & logistics, automotive, retail, government, and others is expected to drive the growth of the fleet management market. This market has witnessed a number of key developments by major companies including ARI Fleet Management, Azuga, Chevin Fleet Solutions, Ctrack, Donlen Corporation, Geotab, and others with a focus on organic as well as inorganic growth strategies. Developing regions including the Asia Pacific and the Middle East have been among the high potential markets with high growth in some of the key economies.

Fleet management is a function, which allows organizations that depend on transportation to expel or limit the dangers related to vehicle investment, improves effectiveness and efficiency, and decreases their overall transportation and staff costs, in compliance with the laws of the land and others.

The adoption of the wireless technology in fleet management is expected to be high due to its favorable circumstances; for example, speedy access and reaction, wide-territory inclusion, and cost reduction, which will help vendors to expand their profitability, productivity, and ROI (return on investment).

Key Factors Impacting Market Growth:

  • Increased demand for logistics and transport optimization
  • Adoption of cloud computing and big data analytics for synchronizing and streamlining
  • Increasing concerns over data security and cyber threat 

Regional Analysis:

By region, the fleet management market is estimated to be dominated by North America, Western Europe, and the Asia Pacific during the forecast period. With technological advancements and a cluster of global companies operating in these regions, these regions hold key to the growth and development of the fleet management market during the forecast period. Most of the leading companies have operations in these regions to cater to the potential end users in the respective region. 

The North America fleet management market is further segmented by US, Canada, and Mexico, whereas Germany, UK, France, Italy are estimated to be some of the major markets in Western Europe.  Asia Pacific region is segmented by China, Japan, South Korea, India, and Australia. The Middle East and Eastern Europe are estimated to be potential markets with growing demand during the forecast period. Major countries in these regions include Russia, UAE, Saudi Arabia, Israel, and others.

Companies Covered: ARI Fleet Management, Azuga, Chevin Fleet Solutions, Ctrack, Donlen Corporation, Geotab, GPS Insight, Masternaut, MiX Telematics, Nextraq, Teletrac Navman, Trimble, Verizon Connect, Wheels Inc., and Fleetroot… 

Market Segmentation:

By Vehicle Type:

  • LCV (Light Commercial Vehicle)
  • HCV (Heavy Commercial Vehicle)
  • Railways
  • Aircraft
  • Watercraft

By Deployment Type:

  • On-premise
  • Cloud-based
  • Hybrid

By Component:

  • Solutions
  • Services

By Communication Technology:

  • GNSS (Satellite)
  • Cellular Systems 

By End User:

  • Transportation & Logistics
  • Automotive
  • Retail
  • Government
  • Others (Manufacturing, Construction, and Energy)

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Vehicle Type
    • By Deployment Mode
    • By Component
    • By Communication Technology
    • By End User
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Vehicle Type
    • By Deployment Mode
    • By Component
    • By Communication Technology
    • By End User
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Vehicle Type
    • By Deployment Mode
    • By Component
    • By Communication Technology
    • By End User
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Vehicle Type
    • By Deployment Mode
    • By Component
    • By Communication Technology
    • By End User
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Vehicle Type
    • By Deployment Mode
    • By Component
    • By Communication Technology
    • By End User
  • Rest of the World
    • By Region (South America, Africa)
    • By Vehicle Type
    • By Deployment Mode
    • By Component
    • By Communication Technology
    • By End User

Reasons To Buy This Report:

  • Market size estimation of the fleet management market on regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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