Smart Fleet Management Market 2019: Global Industry Analysis and Opportunity Assessment, Forecast to 2023
The global market for smart fleet management has been witnessing significant growth in recent times. The growing vehicle production, across the globe can be attributed as a key driver for the market. Smart fleet management, is a system through which operators keep track of variable factors such as fuel consumption, maintenance and route management. Smart fleet management systems provide a dedicated server for fleet data and security in a single system, which enable operators to analyze and make informed and cost effective decisions or enhance safety. In addition, stringent regulatory norms, especially in Europe, have fueled the growth of the market. Reduction in transportation cost and operating cost, has come forth as a major trend in the automotive industry, which is an encouraging factor for the players in the smart fleet management market.
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Taste the market data and market information presented through more than 40 market data tables and figures spread over 80 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Smart Fleet Management Market Research Report - Forecast to 2023”.
Global Smart Fleet Management Market:
The growth of the Asia Pacific region can be attributed to the increase in adoption of passenger cars. This is expected to the increase adoption of smart fleet management in the passenger cars. The recent shift in the preference from mileage to looks and features, is also expected to result in high demand of smart fleet management systems. The global smart fleet management market is also expected to grow during the forecast period owing to increasing population, rapid industrialization and aggressive expansion of manufacturing sector. The demand for smart fleet management is largely dependent on vehicle production in developing countries such as India and China. The growth in vehicle production, which would also push the demand for smart fleet management.
The key players of global smart fleet management market are Harman International Industries, Inc., Robert Bosch GmbH., Siemens AG, Denso Corporation, IBM Corporation, Continental AG, Cisco Systems, Inc., Sierra Wireless, Inc., Calamp Corp., OTTO Marine Ltd., Precious Shipping Co. Ltd., and Globecomm Systems, Inc. In 2016, these companies accounted for a share of XX% of the global market.
Market Research Analysis:
The market for smart fleet management is expected to grow with an increase in demand for automobile, majorly in the United States. There is an immense demand of commercial vehicles in United States. With the increase in demand of commercial vehicles, there is a subsequent increase in demand for smart fleet management market. The growth of North America market is also driven by the adoption of converted mobile homes in the U.S. Existence of major manufacturers in this region combined with availability of sophisticated technologies, enables the smart fleet management market to flourish in this region. North America is a mature economy as far as investment in automotive industry is concerned. Automotive industry is expecting huge investment by several giants due to the rising demand for passenger cars.
Industry Updates
June 2019 - Zonar, a leader in smart fleet management technology, has introduced printable checklist which would assist schools, organizations, and businesses that are involved in students' transportation to ensure compliance to the Paul Lee School Bus Safety Law before the September 2019 deadline. The law is intended to prevent passengers from being left behind, and as per the law, it is mandatory for schools to adopt safety alert system and child-safety training for drivers.
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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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