Canada Fleet Management Market Analysis by Industry Perspective, Comprehensive Analysis, Growth
Canada fleet management market is expected to gain market growth in the forecast
period of 2022 to 2029. Data Bridge Market Research analyses that the market is
growing with a CAGR of 9.3% in the forecast period of 2029 to 2029 and is
expected to reach USD 5,132.25 million by 2029. The increasing growth of
infrastructure projects in the region is expected to drive the market's growth.
Key Pointers Covered
in Canada Fleet Management Market Industry Trends and Forecast to 2029
·
Market
Size
·
Market
New Sales Volumes
·
Market
Replacement Sales Volumes
·
Market
Installed Base
·
Market
By Brands
·
Market
Procedure Volumes
·
Market
Product Price Analysis
·
Market
Regulatory Framework and Changes
·
Market
Shares in Different Regions
·
Recent
Developments for Market Competitors
·
Market
Upcoming Applications
·
Market
Innovators Study
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the report:
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Benefits of
Considering this Report:
·
This
report is compiled using a vigorous and thorough research methodology. Data
Bridge Market Research is also known for its data accuracy and granular market
reports.
·
A
complete picture of the competitive scenario of Canada Fleet Management Market
is depicted by this report.
·
The
report consists of a vast amount of data about the recent product and
technological developments in the markets.
·
The
insights in the report are easy to understand and include a graphical
representation of the numbers in the form of histograms, bar graphs, pie
charts, etc.
Canada Fleet
Management Market Scope and Market Size
Canada fleet
management market is segmented into eleven notable segments based on
components, lease type, mode of transport, hardware, fleet size, communication
range, deployment, communication type, functions, operations, and end user.
·
On the
basis of components, the Canada fleet management market is segmented into
solutions and services. In 2022, the solutions segment is expected to dominate
the market as passive Canada fleet management provides comprehensive solutions
for the time tracking of fleets.
·
On the
basis of lease type, the Canada fleet management market is segmented into
on-lease and without lease. In 2022, on lease segment is expected to dominate
the market as it gives more opportunity to the companies for scheduling
services and repairs of the vehicles.
·
On the
basis of mode of transport, the Canada fleet management market is segmented
into automotive, rolling stock, and marine. In 2022, the automotive segment is
expected to dominate the market as it demands more diverse tasks for businesses
that rely on transportation, controlling costs.
·
On the
basis of hardware, the Canada fleet management market is segmented into
tracking, optimization, ADAS, diagnostics, and others. In 2022, the tracking
segment is expected to dominate the market as it ensures that fleets are on
time and every bit of information can be obtained.
·
On the
basis of fleet size, the Canada fleet management market is segmented into small
fleets (1-5 vehicles), medium fleets (5-20 vehicles), and large &
enterprise fleets (20-50+ vehicles). In 2022, the small fleets (1-5 Vehicles)
segment is expected to dominate the market as it is high in demand because of
lost cost.
·
On the
basis of communication range, the Canada fleet management market is segmented
into short range communication and long range communication. In 2022, short
range communication segment is expected to dominate the market as it uses
extremely short magnetic pulses.
·
On the
basis of deployment, the Canada fleet management market is segmented into
on-premise, cloud, and hybrid. In 2022, the on-premise segment is expected to
dominate the market as it provides software that helps to provide visibility
into in-transit fleets.
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Some of the key questions answered in this
report:
·
How has the Canada Fleet Management Market
performed so far and how will it perform in the coming years?
·
What are the key regional markets?
·
What is the breakup of the market based on the
procedure?
·
What is the breakup of the market based on the
injury location?
·
What is the breakup of the market based on the
end user?
·
What are the various stages in the value chain
of the industry?
·
What are the key driving factors and challenges
in the industry?
·
What is the structure of the Canada Fleet
Management Market and who are the key players?
·
What is the degree of competition in the
industry?
Market Analysis and
Insights: Canada Fleet Management Market
·
The rise in demand for utility vehicles is
expected to act as major opportunity for the market. On the other hand,
excessive rise in cyber threats may act as a major challenge for the market’s
growth.
·
Fleet management is the management
of commercial vehicle operations at scale. Any company that uses a
fleet of vehicles as part of its business model can be said to be doing some
form of fleet management. Fleet management is all about keeping costs
reasonable, maximizing profitability, and minimizing risk.
·
The purpose of fleet management is to keep track
of the performance and maintenance of these vehicles to make sure that the
system is running smoothly and potentially look for ways to improve efficiency.
·
Basically, fleet management is about
optimization and process improvement. The person in charge of fleet management
is usually the fleet manager. Responsibilities of the fleet manager include
maintenance and repair of vehicles, resource management (fuel, parts, vehicles,
and even drivers themselves), driver training, behavior and safety compliance,
asset utilization, risk management, route planning, waste management,
overseeing and improving the productivity of the fleet.
·
Rise in demand for monitoring fleets is expected
to act as a major driver to the market in this region. However, improper
guidance for enabling the routes may restrain the market’s growth.
Canada Fleet
Management Market Share Analysis
Canada fleet management
market competitive landscape provides details by a competitor. Details included
are company overview, company financials, revenue generated, market potential,
investment in research and development, new market initiatives, Canada presence,
production sites and facilities, company strengths and weaknesses, product
launch, product trials pipelines, product approvals, patents, product width and
breadth, application dominance, technology lifeline curve. The above data
points provided are only related to the companies' focus related to the Canada
fleet management market.
Key player Canada
Fleet Management Market
Some of the major players
operating in the Canada fleet management market are AT&T Intellectual
Property, Astrata Group, Omnitracs (Acquired by Solera), Wheels, Inc., Geotab
Inc., Verizon, Donlen, Cisco Systems, Inc., CalAmp, Mendix Technology BV,
Faststream Technologies, Siemens, Sierra Wireless, DENSO CORPORATION, IBM
Corporation, Robert Bosch GmbH, ORBCOMM, ARI Fleet Management Company, Azuga, a
Bridgestone Company, Clovity.com, Transflo, HARMAN International., Element
Fleet Management Corp., Vector Fleet Management, Continental AG, among others.
DBMR analysts understand competitive strengths and provide competitive analysis
for each competitor separately.
MAJOR TOC OF THE REPORT
·
Chapter
One: Introduction
·
Chapter
Two: Market Segmentation
·
Chapter
Three: Market Overview
·
Chapter
Four: Executive Summary
·
Chapter
Five: Premium Insights
·
Chapter
Six: Canada Fleet Management Market Share by Product & Procedure type
Get TOC Details:
https://www.databridgemarketresearch.com/toc/?dbmr=canada-fleet-management-market
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