Deerfield Beach, FL -- (SBWIRE) -- 08/12/2015 -- Fleet Management Market in Europe 2015-2019

About fleet management

A fleet management system is formed by the integration of hardware, software, and communication technologies. It provides a platform to fleet operators to efficiently control, track, and monitor commercial vehicles. They improve the overall operational efficiency by reducing the non-value-added activities of the operators. Fuel cards are used for fuel management while driver safety systems monitor driver behavior. Other solutions are employed for locational tracking of vehicles, driver navigation assistance, and ensuring that the operators meet the regulatory standards set by their respective national governments. The major end-users of fleet management systems are specialist logistics companies, such as those in the taxi fleet operator and truck fleet operator sectors.

Fleet management market in Europe to grow at a CAGR of 27.93% over the period 2015-2019.

Covered in this report

To calculate the market size, the report considers revenue generated from the sales of fleet management systems, support and maintenance of these systems, and number of units installed.

Fleet Management Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It also covers the landscape of the fleet management market in Europe and its growth prospects over the coming years. The report also includes a discussion on the key vendors operating in this market.

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Key vendors

Caterpillar
Daimler
DigiCore
Squarell Technology
Volvo

Other prominent vendors

Astrata
Cefin Systems
CVS Mobile
Datatronics Mobility
Eliot
Fleet Falcon
Fleetlogic
FleetMatics
Frotcom International
Groeneveld
Idem Telematik
Iveco
Masternaut

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Matrix Telematics
Micpoint
MiX Telematics
Navman Wireless
Omnitracs
Quartix
Schmitz Cargobull
Stoneridge Electronics
TomTom
Trafficmaster
Transics
Trimble
Vehco
WABCO

Market driver

Requirement of efficient data management system
For a full, detailed list, view our report

Market challenge

High operating cost of vehicles
For a full, detailed list, view our report

Market trend

Emergence of green fleet management solutions
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?