A quick peek into the report
Table of Contents
1.1 Market Outlook
1.1.1 Fleet Management Trends
1.1.1.1 Successful Transport Companies Becoming Increasingly Data-Driven
1.1.1.2 Moving Toward Privately Owned Vehicles
1.1.1.3 Uncertain Fuel Costs
1.1.1.4 Keeping Fleets Relevant Requires the Adoption of Electric Vehicles
1.1.2 Supply Chain Analysis
1.1.3 Key Patents Mapping
1.1.4 Regulatory Landscape
1.1.4.1 U.S. Fleet Management Laws
1.1.4.1.1 Vehicle Tracking Laws
1.1.4.1.1.1 ELD Rule
1.1.4.1.1.2 ELD Compliance Deadline
1.1.4.1.2 Impact of Fleet Management Laws on the U.S. Fleet Management Market
1.1.4.2 Germany Fleet Management Laws
1.1.4.2.1 DGUV (German Social Accident Insurance) Regulation
1.1.4.2.2 Impact of Fleet Management Laws on the Germany Fleet Management Market
1.1.4.3 France Fleet Management Laws
1.1.4.3.1 WLTP Effect
1.1.4.3.2 Impact of Fleet Management Laws on the France Fleet Management Market
1.1.4.4 Australia Fleet Management Laws
1.1.4.4.1 Heavy Vehicle National Law
1.1.4.4.2 Impact of Fleet Management Laws on the Australia Fleet Management Market
1.1.5 Business Model
1.1.5.1 Subscription Model
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Growing Number of Vehicle and Asset Thefts
1.2.1.2 Increase in Road Accidents
1.2.1.3 Volatility in Fuel Prices
1.2.1.4 Augmented Demand for Fleet Management Solutions from Transportation and Logistics Industry
1.2.2 Business Challenges
1.2.2.1 Connecting Information Together from a Variety of Sources
1.2.2.2 Risk of Cyber Attacks
1.2.3 Business Strategies
1.2.3.1 Product Developments
1.2.3.2 Market Developments
1.2.4 Corporate Strategies
1.2.4.1 Mergers and Acquisitions
1.2.4.2 Partnerships, Joint Ventures, Collaborations, and Alliances
1.2.5 Business Opportunities
1.2.5.1 Surging Demand for Connected and Autonomous Vehicles
1.2.5.2 Emergence of the Internet of Things (IoT)
2.1 China
2.1.1 Market
2.1.1.1 Buyers Attributes
2.1.1.2 Competitive Benchmarking
2.1.1.3 Key Fleet Management System Providers in China
2.1.1.4 Business Challenges
2.1.1.5 Business Drivers
2.1.2 Application
2.1.2.1 China Fleet Management Market (by Application Type), Value Data
2.1.2.2 China Fleet Management Market (by Commercial Vehicle Type), Value Data
2.1.3 Product
2.1.3.1 China Fleet Management Market (by Component), Value Data
2.1.3.2 China Fleet Management Market (by Deployment), Value Data
2.2 Asia-Pacific and Japan
2.2.1 Market
2.2.1.1 Buyers Attributes
2.2.1.2 Competitive Benchmarking
2.2.1.3 Key Fleet Management System Providers in Asia-Pacific and Japan
2.2.1.4 Business Challenges
2.2.1.5 Business Drivers
2.2.2 Application
2.2.2.1 Asia-Pacific and Japan Fleet Management Market (by Application Type), Value Data
2.2.2.2 Asia-Pacific and Japan Fleet Management Market (by Commercial Vehicle Type), Value Data
2.2.3 Product
2.2.3.1 Asia-Pacific and Japan Fleet Management Market (by Component), Value Data
2.2.3.2 Asia-Pacific and Japan Fleet Management Market (by Deployment), Value Data
2.2.4 Asia-Pacific and Japan (by Country)
2.2.4.1 Japan
2.2.4.1.1 Market
2.2.4.1.1.1 Buyers Attributes
2.2.4.1.1.2 Key Fleet Management System Providers in Japan
2.2.4.1.1.3 Business Challenges
2.2.4.1.1.4 Business Drivers
2.2.4.1.2 Application
2.2.4.1.2.1 Japan Fleet Management Market (by Application Type), Value Data
2.2.4.1.2.2 Japan Fleet Management Market (by Commercial Vehicle Type), Value Data
2.2.4.1.3 Product
2.2.4.1.3.1 Japan Fleet Management Market (by Component), Value Data
2.2.4.1.3.2 Japan Fleet Management Market (by Deployment), Value Data
2.2.4.2 India
2.2.4.2.1 Market
2.2.4.2.1.1 Buyers Attributes
2.2.4.2.1.2 Key Fleet Management System Providers in India
2.2.4.2.1.3 Business Challenges
2.2.4.2.1.4 Business Drivers
2.2.4.2.2 Application
2.2.4.2.2.1 India Fleet Management Market (by Application Type), Value Data
2.2.4.2.2.2 India Fleet Management Market (by Commercial Vehicle Type), Value Data
2.2.4.2.3 Product
2.2.4.2.3.1 India Fleet Management Market (by Component), Value Data
2.2.4.2.3.2 India Fleet Management Market (by Deployment), Value Data
2.2.4.3 South Korea
2.2.4.3.1 Market
2.2.4.3.1.1 Buyers Attributes
2.2.4.3.1.2 Key Fleet Management System Providers in South Korea
2.2.4.3.1.3 Business Challenges
2.2.4.3.1.4 Business Drivers
2.2.4.3.2 Application
2.2.4.3.2.1 South Korea Fleet Management Market (by Application Type), Value Data
2.2.4.3.2.2 South Korea Fleet Management Market (by Commercial Vehicle Type), Value Data
2.2.4.3.3 Product
2.2.4.3.3.1 South Korea Fleet Management Market (by Component), Value Data
2.2.4.3.3.2 South Korea Fleet Management Market (by Deployment), Value Data
2.2.4.4 Rest-of-Asia-Pacific and Japan
2.2.4.4.1 Market
2.2.4.4.1.1 Buyers Attributes
2.2.4.4.1.2 Key Fleet Management System Providers in Rest-of-Asia-Pacific and Japan
2.2.4.4.1.3 Business Challenges
2.2.4.4.1.4 Business Drivers
2.2.4.4.2 Application
2.2.4.4.2.1 Rest-of-Asia-Pacific and Japan Fleet Management Market (by Application Type), Value Data
2.2.4.4.2.2 Rest-of-Asia-Pacific and Japan Fleet Management Market (by Commercial Vehicle Type), Value Data
2.2.4.4.3 Product
2.2.4.4.3.1 Rest-of-Asia-Pacific and Japan Fleet Management Market (by Component), Value Data
2.2.4.4.3.2 Rest-of-Asia-Pacific and Japan Fleet Management Market (by Deployment), Value Data
3.1 Competitive Benchmarking
3.2 Market Share Analysis
3.3 Company Profiles
3.3.1 Embitel
3.3.1.1 Company Overview
3.3.1.1.1 Role of Embitel in the Fleet Management Market
3.3.1.1.2 Product Portfolio
3.3.1.2 Corporate Strategies
3.3.1.2.1 Partnerships, Collaborations, Investments, Mergers, and Acquisitions
3.3.1.2.2 Production Sites
3.3.1.3 Analyst View
3.3.2 Queclink Wireless Solutions Co., Ltd.
3.3.2.1 Company Overview
3.3.2.1.1 Role of Queclink Wireless Solutions Co., Ltd. in the Fleet Management Market
3.3.2.1.2 Product Portfolio
3.3.2.2 Corporate Strategies
3.3.2.2.1 Partnerships, Collaborations, Investments, Mergers, and Acquisitions
3.3.2.3 Analyst View
3.4 Start-Up Company Snapshots
3.4.1 Fleetx
3.4.1.1 Company Overview
3.4.1.2 Role of Fleetx in the Fleet Management Market
3.4.1.3 Product Portfolio
3.4.2 Wonder Wagen
3.4.2.1 Company Overview
3.4.2.2 Role of Wonder Wagen in the Fleet Management Market
3.4.2.3 Product Portfolio
4.1 Data Sources
4.1.1 Primary Data Sources
4.1.2 Secondary Data Sources
4.2 Data Triangulation
4.3 Market Estimation and Forecast
4.3.1 Factors for Data Prediction and Modeling
Table 1: Fleet Management Market Overview
Table 2: Key Patents Mapping
Table 3: Fleet Management Market (by Region), $Billion, 2021-2031
Table 4: China Fleet Management Market (by Application Type), $Million, 2021-2031
Table 5: China Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 6: China Fleet Management Market (by Component), $Million, 2021-2031
Table 7: China Fleet Management Market (by Deployment), $Million, 2021-2031
Table 8: Asia-Pacific and Japan Fleet Management Market (by Application Type), $Million, 2021-2031
Table 9: Asia-Pacific and Japan Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 10: Asia-Pacific and Japan Fleet Management Market (by Component), $Million, 2021-2031
Table 11: Asia-Pacific and Japan Fleet Management Market (by Deployment), $Million, 2021-2031
Table 12: Japan Fleet Management Market (by Application Type), $Million, 2021-2031
Table 13: Japan Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 14: Japan Fleet Management Market (by Component), $Million, 2021-2031
Table 15: Japan Fleet Management Market (by Deployment), $Million, 2021-2031
Table 16: India Fleet Management Market (by Application Type), $Million, 2021-2031
Table 17: India Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 18: India Fleet Management Market (by Component), $Million, 2021-2031
Table 19: India Fleet Management Market (by Deployment), $Million, 2021-2031
Table 20: South Korea Fleet Management Market (by Application Type), $Million, 2021-2031
Table 21: South Korea Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 22: South Korea Fleet Management Market (by Component), $Million, 2021-2031
Table 23: South Korea Fleet Management Market (by Deployment), $Million, 2021-2031
Table 24: Rest-of-Asia-Pacific and Japan Fleet Management Market (by Application Type), $Million, 2021-2031
Table 25: Rest-of-Asia-Pacific and Japan Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 26: Rest-of-Asia-Pacific and Japan Fleet Management Market (by Component), $Million, 2021-2031
Table 27: Rest-of-Asia-Pacific and Japan Fleet Management Market (by Deployment), $Million, 2021-2031
Table 28: Market Share Analysis, 2021
Table 29: Embitel: Product Portfolio
Table 30: Embitel: Partnerships, Collaborations, Investments, Mergers, and Acquisitions
Table 31: Queclink Wireless Solutions Co., Ltd.: Product Portfolio
Table 32: Queclink Wireless Solutions Co., Ltd.: Partnerships, Collaborations, Investments, Mergers, and Acquisitions
Table 33: Fleetx: Product Portfolio
Table 34: Wonder Wagen: Product Portfolio
Figure 1: Fleet Management Market, $Million, 2021-2031
Figure 2: Fleet Management Market (by Deployment), $Million, 2021-2031
Figure 3: Fleet Management Market (by Commercial Vehicle Type), $Million, 2022, 2026, and 2031
Figure 4: Fleet Management Market (by Component), $Million, 2021-2031
Figure 5: Fleet Management Market (by Application Type), $Million, 2021-2031
Figure 6: Fleet Management Market (by Region), 2021
Figure 7: List of Key Players Included in the Fleet Management Market Report
Figure 8: Supply Chain Analysis for the Fleet Management Market
Figure 9: Stakeholders in Fleet Management Market
Figure 10: Fleet Management Process
Figure 11: Business Dynamics for Fleet Management Market
Figure 12: Fleet Management Market: Impact of Business Drivers
Figure 13: OPEC Basket Price (2016-2022)
Figure 14: Fleet Management Market: Impact of Business Challenges
Figure 15: Share of Key Business Strategies (2019-2023)
Figure 16: Share of Product Developments (by Company), 2019-2023
Figure 17: Share of Key Corporate Strategies (2019-2023)
Figure 18: Share of Mergers and Acquisitions (by Company), 2019-2023
Figure 19: Share of Partnerships, Joint Ventures, Collaborations, and Alliances(by Company), 2019-2023
Figure 20: Fleet Management Market: Impact of Business Opportunities
Figure 21: Competitive Benchmarking in China, 2021
Figure 22: Competitive Benchmarking in Asia-Pacific and Japan, 2021
Figure 23: Competitive Benchmarking in Fleet Management Market, 2021
Figure 24: Research Methodology
Figure 25: Data Triangulation
Figure 26: Top-Down and Bottom-Up Approach
Figure 27: Assumptions and Limitations
Asia-Pacific Fleet Management Market Report Coverage:
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Asia-Pacific Fleet Management Market |
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Base Year |
2021 |
Market Size in 2021 |
$xx Billion |
|
Forecast Period |
2022-2031 |
Value Projection and Estimation by 2031 |
$xx Billion |
|
CAGR During Forecast Period |
xx |
Number of Pages |
|
|
Number of Tables |
|
Number of Figures |
|
Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on inputs gathered from primary experts and analysing company coverage, product portfolio, and market penetration.
Some of the prominent names in this market are:
- Embitel
- Queclink Wireless Solutions Co., Ltd.
- Fleetx
- Wonder Wagen
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different types of fleet management products available by Component (Hardware, Software, and Service), by Deployment (On-Premises and Cloud), by Application Type (Real Time Location Monitoring, Fuel Management, Maintenance Management, Driver Management, Weight/Volume Tracking, and Accounting and Insurance), by Commercial Vehicle Type (Light Commercial Vehicles and Heavy Commercial Vehicles). Increasing demand worldwide is pushing the sales of fleet management systems. Therefore, the fleet management business is a low-investment and high-revenue generating model.
Growth/Marketing Strategy: The APAC Fleet Management Market is exponentially growing, with enormous opportunities for the market players. Some strategies covered in this segment are product launches, partnerships and collaborations, business expansions, and investments. The companies' preferred strategy has been product launches, partnerships, and collaborations to strengthen their positions in the APAC fleet management market.
Competitive Strategy: Key players in the APAC fleet management market analyzed and profiled in the study involve fleet management-based product manufacturers and start-ups. Moreover, a detailed competitive benchmarking of the players operating in the APAC fleet management market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Introduction to Asia Pacific (APAC) Fleet Management Market
The APAC Fleet Management Market is expected to grow by a CAGR XXXX from XXXX in 2022 to XXXX by 2031 in the forecasted period of 2022-2031. Technological advancements are driving an accelerated growth in commercial vehicle fleet management tools over the predicted period. It is projected that significant market development activities will be enhanced by the advent of connected vehicles.
The fleet management market in Asia-Pacific is expanding significantly. Growing awareness of the advantages these systems offer the commercial vehicle sector is driving the growth of the fleet management market. Furthermore, the adoption of new technologies by the industrial revolution has led to a growth in fleet management in the APAC market.
Market Introduction
The APAC fleet management industry is evolving significantly due to technological advancements in commercial vehicle management technologies. Throughout the course of the forecast period, these tools are anticipated to grow fast, and the widespread usage of linked cars is anticipated to greatly boost crucial market development efforts. Due to fleet firms' increasing awareness of the many benefits offered by state-of-the-art management systems, the APAC fleet management industry is now expanding. This greater awareness is one of the primary factors propelling the market's growth, which is also being helped by the ongoing industrial revolution and the APAC commercial vehicle industry's growing use of cutting-edge technologies.
Market Segmentation:
Segmentation 1: by Application Type
• Real Time Location Monitoring
• Fuel Management
• Maintenance Management
• Driver Management
• Weight/Volume Tracking
• Accounting and Insurance
Segmentation 2: by Vehicle Type
• Light Commercial Vehicles
• Heavy Commercial Vehicles
Segmentation 3: by Component
• Hardware
• Software
• Service
Segmentation 4: by Deployment
• On-Premises
• Cloud
Segmentation 5: by Region
• Asia-Pacific and Japan
Asia-Pacific Fleet Management Market
Analysis and Forecast, 2022-2031
Frequently Asked Questions
The APAC Fleet Management Market is expected to grow by a CAGR XXXX from XXXX in 2022 to XXXX by 2031 in the forecasted period of 2022-2031 and the global fleet management market is projected to reach $41.54 billion by 2031 from $8.35 billion in 2022, growing at a CAGR of 19.52% during the forecast period 2022-2031.
By using fleet management techniques, businesses can minimize expenses and maximize efficiency by effectively managing and coordinating delivery vehicles. Fleet management is not only utilized for cars; it's also used to track and supervise delivery workers and couriers.
Fleet types are divisions into different groups of automobiles or boats that are part of a wider fleet management system. These categories, which are founded on unique traits, features, or objectives, make it possible to efficiently organize, monitor, and optimize a variety of assets. Fleet types can cover a wide range of vehicles, from specialty units like emergency response vehicles, public transportation buses, or marine boats, to commercial vehicles like trucks and vans. Differentiating fleet types makes it easier to implement customized management plans, which helps companies and organizations handle the unique operational requirements and difficulties that are unique to each category. To improve overall efficiency and performance throughout the whole fleet, effective fleet management entails knowing the specifics of each fleet type, putting specialized maintenance schedules into place, optimizing routes, and integrating technological solutions.
Fleet management system providers, commercial vehicle OEM manufacturers, and fleet management solution providers should buy this report.
All of the fleet vehicles held by a corporation, government organization, or other enterprise are referred to as fleet vehicles. Occasionally, fleet businesses lease trucks to move items to their customers.