Smart Fleet Management System Market Global Research Report 2019 Analysis & Forecast To 2023
Smart Fleet Management Market Share, Size, Trends, And Business Opportunity Analysis Report 2019 include historic data, with forecast data to 2023. Smart Fleet Management Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023
Global Smart Management Market to Witness a Sound Growth Over 2023
Smart fleet management is an advanced technology that is making headway in the transportation sector. Fleet management covers maintenance operation, route management and fuel consumption monitoring. Market Research Future (MRFR) projects that the global smart fleet management market will exhibit a sound growth during the forecast period (2019-2023).
Importance of smart fleet management systems is growth owing to the fast expansion of fleets. Managing large sized fleets require instance processes that streamline operation. Smart fleet management systems can ease of management with compromising on efficiency. These systems utilize fleet data for undertaking management operations. Using such systems, operators are able of make informed and costs-effective decisions.
Factors such digitization in transport sector, growing need for fuel efficiency and availability of superior networking technology are supporting the growth of the global smart fleet managements. Moreover, increased emphasis in reducing transport cost and adoption of advanced transportation solutions is benefiting the market growth. Nevertheless, sluggish penetration in developing countries somewhat undermines the market potential.
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Global Smart Fleet Management Market: Segmental Analysis
MRFR’s report includes a detailed segmental analysis of the market based on transportation, hardware, solution and region.
On the basis of transportation, the market has been segmented into marine, rolling stock and automotive. On the basis of hardware, the market has been segmented into diagnostic, ADAS, optimization and tracking. On the basis of solution, the market has been segmented into optimization and tracking.
Global Smart Fleet Management Market: Competition Analysis
MRFR in its report has profiled some of the top-notch market players namely Robert Bosch GmbH., IBM Corporation, Sierra Wireless, Inc., Precious Shipping Co. Ltd., Harman International Industries, Inc., OTTO Marine Ltd., Globecomm Systems, Inc., Siemens AG, Continental AG, Calamp Corp., Denso Corporation and Cisco Systems, Inc.
Global Smart Fleet Management Market: Regional Analysis
On the basis of region, the market has been segmented into Asia Pacific (APAC), North America, South America, the Middle East & Africa (MEA) and Europe. Currently, Asia Pacific represents the most attractive market for smart fleet management. Increased focus on developing public transport infrastructure coupled with stricter government regulation has led to a faster uptake of advanced transport technologies. This is favouring the growth of the smart fleet management system. Local policy makers are introducing new infrastructure development roadmap, which is positive indication towards broader growth opportunities for market players in the forthcoming years. Countries such China and India are expected to remain at the forefront owing to the rapid increased in economic activities in these countries. Upgrading and expanding public infrastructure is a key area of focus in APAC. Many countries in APAC are witnessing a rapid growth of economy. Improving socio-economic condition in APAC countries is resulting in a fast expansion of the consumer based. These macroeconomic factors are influencing the smart fleet management market in APAC.
Europe and North America are also expected to present attractive opportunities to market players during the assessment period. Market growth has been rapid in advanced economies in these regions. Presence cutting-edge infrastructure is facilitating a faster adoption of smart fleet management systems in North America and Europe. Moreover, existence of the robust automotive sector remains a favourable factor for market in these regions. Commercial fleets have continued to expand in countries such as the US, UK, Germany, Netherlands and France. During the forecast period, these countries are expected to make significant contribution to the global smart fleet management in terms of revenue. Many market players are based in the countries mentioned above, which can also be factored in. A robust research and development pipeline remains an important market driver in North America and Europe.
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Table of Contents
1 Introduction
2 Research Hardwareology
3 Market Dynamics
4 Market Factor Analysis
5 Smart Fleet Management, By Solution
6 Smart Fleet Management, By Transportation
7 Smart Fleet Management, By Hardware
8 Smart Fleet Management, By Region
9 Company Landscape
10 Company Profile
11 Appendix
List of Tables
TABLE 1 EUROPE SMART FLEET MANAGEMENT, BY REGION 2011-2027, ($ MILLION)
TABLE 2 EUROPE SMART FLEET MANAGEMENT FOR AUTOMOTIVE, BY REGION 2011-2027, (MILLION)
TABLE 3 EUROPE SMART FLEET MANAGEMENT FOR ROLLING STOCK, BY REGION 2011-2027, (MILLION)
TABLE 4 EUROPE SMART FLEET MANAGEMENT FOR MARINE, BY REGION 2011-2027, (MILLION)
TABLE 5 EUROPE SMART FLEET MANAGEMENT FOR TRACKING, BY REGION 2011-2027, (MILLION)
….
List of Figures
FIGURE 1 Supply Chain: AODD Pumps
FIGURE 2 Porters Five Forces
Continued…….
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