Recent research and the current scenario as well as future market potential of "Global Fleet Management System Market Insights, Forecast to 2025" globally.
Albany, NY -- (SBWIRE) -- 11/01/2018 -- This industry study presents the global Fleet Management System market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Fleet Management System production, revenue and market share by manufacturers, key regions and type;
The consumption of Fleet Management System in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Omnitracs, Trimble, etc.
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 location or tracking of vehicles, driver navigation assistance, and ensuring that the operators meet the regulatory standards set by their respective national governments.
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Mobile devices will have tighter integration into vehicles. Beyond the connecting hands-free phone and music; the mobile devices will be able to wirelessly sync key vehicle data including mileage, health checks, and performance. Wirelessly with the mobile device, this, in turn, can use that information for applications.
Mobile devices, already ubiquitous in 2014, will be the sole way drivers handle their fleet tasks. Mileage reporting, trip logs, and finding vendors which will all happen through mobile devices and will make use of the capabilities (such as location awareness) of those devices to automate tasks. All key fleet documents will be digital and available in a mobile device.
Big Data will drive decisions for all aspects of fleet management, including vehicle selection, maintenance management, and driver safety planning. With the continued use of fleet analytics and accessibility to greater amounts of data, fleets will become more efficient, operate with fewer resources, and show an increase in productivity.
Commercial vehicle fleets play an essential role in the European and American economy. QYR is of the opinion that the European fleet management market has entered a growth period that will last for several years to come and the American market for fleet management will continue to show healthy growth in the next 5 years. Individual markets may however suffer temporary setbacks, depending on the local economic developments.
A group of international aftermarket solution providers have emerged as leaders on the European fleet management market. Masternaut is ranked as the largest player overall in terms of installed base with close to 200,000 units deployed, mainly in France and the UK. TomTom Business Solutions was the fastest growing vendor also in 2010 and has now surpassed 143,000 subscribers. Transics is number one in the heavy trucks segment with an estimated 65,000 active units installed. Other significant players include European companies such as Vehco, Navman Wireless and Trafficmaster and international players like Trimble and Qualcomm from the US and the South African telematics providers Digicore and MiX Telematics.
The market leaders on the fleet management market in the Americas include a range of different actors. Qualcomm Enterprise Services is ranked as the largest player, with an estimated total installed base of approximately 350,000 units in North and Latin America. The company's solutions are targeted at heavy trucks, where the main competitors in North America are XATA and PeopleNet, with approximately 110,000 units installed each.
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Global Fleet Management System market size will reach xx million US$ by 2025, from xx million US$ in 2017, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Fleet Management System.
The following manufacturers are covered in this report:
Fleet Management System Breakdown Data by Type
Fleet Management System Breakdown Data by Application
Logistics and Transportation
Fleet Management System Production by Region
Fleet Management System Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Fleet Management System status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Fleet Management System manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Fleet Management System :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Fleet Management System market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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