U.S. Fleet Management Market Analysis, Growth, Demand Future Forecast to 2029
U.S. 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 9.9% in the forecast period of 2022 to 2029 and is
expected to reach USD 13,061.39 million by 2029. The increasing growth of
infrastructure projects in the region is driving the growth.
Key Pointers Covered
in U.S. 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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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 U.S. 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.
U.S. Fleet
Management Market Scope and Market Size
U.S. 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 U.S. fleet management market is segmented into solutions and
services. In 2022, the solutions segment is expected to dominate the market as
fleet management systems are associated with numerous solutions that help
maintain and improve fleet operations.
·
On the basis of
lease type, the U.S. fleet management market is segmented into on-lease and
without lease. In 2022, on lease segment is expected to dominate the market as
the options of services and other repairing issues are availed easily by the
enterprises through this segment.
·
On the basis of
mode of transport, the U.S. fleet management market is segmented into
automotive, rolling stock, and marine. In 2022, the automotive segment is
expected to dominate the market as businesses and enterprises are solely
dependent upon transportation via road in case of import and export.
·
On the basis of
hardware, the U.S. fleet management market is segmented into tracking,
optimization, ADAS, diagnostics, and others. In 2022, the tracking segment is
expected to dominate the market as tracking a fleet can provide you with
detailed real-time information about the fleets.
·
On the basis of
fleet size, the U.S. fleet management market is segmented into small fleets
(1-5 vehicles), medium fleets (5-20 vehicles), and large and enterprise fleets
(20-50+ vehicles). In 2022, the small fleets (1-5 Vehicles) segment is expected
to dominate the market as small vehicles are more efficient, faster, and thus
better utility vehicles.
·
On the basis of
communication range, the U.S. 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 small magnetic
pulses transmit data quickly and efficiently.
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Some of the key questions answered in this
report:
·
How has the U.S. 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 U.S. Fleet
Management Market and who are the key players?
·
What is the degree of competition in the
industry?
Market Analysis and
Insights: U.S. Fleet Management Market
·
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.
·
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.
U.S. Fleet
Management Market Share Analysis
U.S. 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, U.S. 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 U.S.
fleet management market.
Key player U.S.
Fleet Management Market
Some of the major players
operating in the U.S. 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, IBM Corporation, DENSO CORPORATION, Sierra
Wireless, Lytx, Inc., Robert Bosch GmbH, ORBCOMM, ARI Fleet Management Company,
Azuga, a Bridgestone Company, Element Fleet Management Corp., Vector Fleet
Management, Clovity.com, Continental AG, Transflo, 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: U.S. Fleet Management Market Share by Product & Procedure type
Get TOC Details:
https://www.databridgemarketresearch.com/toc/?dbmr=us-fleet-management-market
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