Market Research Report

A quick peek into the report

Fleet Management Market - A Global and Regional Analysis

Focus on Product, Application, and Country Analysis - Analysis and Forecast, 2022-2031

 
Some Faq's

Frequently Asked Questions

For those looking to scale their businesses, it is vital that they use fleet management. Its advantages are improving customer satisfaction, increasing productivity, reducing fuel costs, and providing real-time visibility. A system of software and hardware for fleet management can quickly solve challenges such as high operating costs of vehicles, unclear government policies, lack of road infrastructure, and increased congestion.

The key business opportunities in the global fleet management market include surging demand for connected and autonomous vehicles and emergence of the internet of things (IoT).

Partnerships, joint ventures, collaborations, and alliances has been one of the most prominent approaches adopted by market leaders to strengthen their market position. For instance, in May 2022, Astrata Europe BV. partnered with Bosch Group for five years. This may benefit the company in terms of optimizing its supply chain as it has started production in Europe to focus on reducing delay time and shipping risks of products.

A new entrant can focus on collaborating with commercial vehicle manufacturers as there is high demand for factory fitted fleet management system in the forecast period. Also launching new fleet management products by component hardware and software will give customers some flexibility in choosing products.

The following can be seen as some of the USPs of the report:

· Extensive competitive benchmarking of the players (fleet management providers and start-ups) to offer a holistic view of the fleet management market landscape

· 18 company profiles, including fleet management providers and start-ups

· Market ranking analysis based on product portfolio, recent developments, and regional spread

· Segmentation by component, deployment, application type, and vehicle type provided in the report

· Market share analysis of key players in the fleet management market

Fleet management system providers, commercial vehicle OEM manufacturers, and fleet management solution providers should buy this report.