Commercial Vehicle Fleet Management System Market to grow by USD 8.16 Bn by 2022, Market Segmentation by Product and Geography

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NEW YORK, Oct. 19, 2022 /PRNewswire/ — The commercial vehicle fleet management system market is anticipated to grow by USD 8.16 billion throughout 2021-2026 in accordance to the newest market analysis report by Technavio. As per Technavio, the rising recognition of the 360deg fleet administration system(FMS) can have a optimistic influence in the marketplace and contribute to its development considerably over the forecast interval. This analysis report additionally analyzes different important tendencies and market drivers that may affect market development over 2021-2026. Request Free Sample Report.

Commercial Vehicle Fleet Management System Market: Dynamics Analysis

The important price stress on fleet operators is without doubt one of the predominant causes propelling development within the business automobile fleet administration system market. Fleet operators are going through a significant downside because of rising price stress introduced on by gasoline worth volatility and inefficient fleet operations. As a end result, they’re implementing price optimization methods.

Improved transmission expertise and design additionally contribute to elevated gasoline economy and mileage. Data collected by every element shall be an important supply of knowledge to enhance the design parameters of the elements as FMS aids within the distant monitoring of auto elements.

However, The marketplace for business automobile fleet administration techniques would face important obstacles due to the excessive price of FMS. Initial setup bills for FMS embody a license, setup, and set up charge in addition to funds for personalisation and system integration. Buy Sample Report.

Commercial Vehicle Fleet Management System Market: Segmentation Analysis

  • Product –
    • Third-party 
      • The third-party section’s market share rise in business automobile fleet administration techniques shall be important. As fleet operators implement FMS for his or her present CVs, which can drive the section’s development, the third-party FMS section will preserve its dominance over the worldwide business automobile FMS market and will improve its market share over the forecast interval. Fleet homeowners are supplying their present fleets with FMS via third-party suppliers as FMS features recognition. Throughout the projection interval, it will gasoline the third-party FMS section’s development.
    • OEM
  • Geography –
    • APAC 
      • APAC will account for 37% of market development. The predominant markets in APAC for business automobile fleet administration techniques are China, India, and Japan. This area’s market will increase extra shortly than these in different areas. Over the projection interval, the business automobile fleet administration system market in APAC will increase due to the rising want for fleet administration and automobile monitoring providers.
    • North America
    • Europe
    • South America
    • Middle East and Africa

Commercial Vehicle Fleet Management System Market: Vendor Analysis

The market is fragmented and the distributors are deploying numerous natural and inorganic development methods to compete out there. 

The rising competitors out there is compelling distributors to undertake numerous development methods reminiscent of promotional actions and spending on commercials to enhance the visibility of their providers. Some distributors are additionally adopting inorganic development methods reminiscent of M&As to stay aggressive out there.

The report analyzes the market’s aggressive panorama and affords info on a number of market distributors, together with:

  • AT and T Inc.
  • Azuga Inc.
  • Faststream Technologies
  • Fleetx Technologies Pvt. Ltd.
  • Geotab Inc.
  • Jaama Ltd.
  • Masternaut Ltd.
  • Microlise Group Plc
  • Numadic Ltd.
  • Omnitracs LLC

Find further highlights on the expansion methods adopted by distributors and their product choices, Download Free Sample Report. 

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Commercial Vehicle Fleet Management System Market Scope

Report Coverage

Details

Page quantity

120

Base 12 months

2021

Forecast interval

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of seven.64%

Market development 2022-2026

$8.16 billion

Market construction

Fragmented

YoY development (%)

7.42

Regional evaluation

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 37%

Key client nations

US, China, India, Japan, and Germany

Competitive panorama

Leading firms, aggressive methods, client engagement scope

Companies profiled

AT and T Inc., Azuga Inc., Faststream Technologies, Fleetx Technologies Pvt. Ltd., Geotab Inc., Jaama Ltd., Masternaut Ltd., Microlise Group Plc, Numadic Ltd., Omnitracs LLC, Rolta India Ltd., TomTom International BV, Trimble Inc., TUV SUD, VAMO Systems Pvt. Ltd., Continental AG, Garmin Ltd., and Verizon Communications Inc.

Market Dynamics

Parent market evaluation, Market development inducers and obstacles, Fast-growing and slow-growing section evaluation, COVID-19 influence and future client dynamics, and market situation evaluation for the forecast interval.

Customization purview

If our report has not included the information that you’re in search of, you’ll be able to attain out to our analysts and get segments personalized.

Table of Contents

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 11: Offerings of distributors included out there definition
  • 3.2 Market section evaluation 
    • Exhibit 12: Market segments
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on Global – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 14: Data Table on Global – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 15: Chart on Global Market: Year-over-year development 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year development 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces abstract 
    • Exhibit 17: Five forces evaluation – Comparison between2021 and 2026
  • 4.2 Bargaining energy of patrons 
    • Exhibit 18: Chart on Bargaining energy of patrons – Impact of key elements 2021 and 2026
  • 4.3 Bargaining energy of suppliers 
    • Exhibit 19: Bargaining energy of suppliers – Impact of key elements in 2021 and 2026
  • 4.4 Threat of latest entrants 
    • Exhibit 20: Threat of latest entrants – Impact of key elements in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key elements in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 22: Threat of rivalry – Impact of key elements in 2021 and 2026
  • 4.7 Market situation 
    • Exhibit 23: Chart on Market situation – Five forces 2021 and 2026

5 Market Segmentation by Product

  • 5.1 Market segments 
    • Exhibit 24: Chart on Product – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Product – Market share 2021-2026 (%)
  • 5.2 Comparison by Product 
    • Exhibit 26: Chart on Comparison by Product
    • Exhibit 27: Data Table on Comparison by Product
  • 5.3 Third Party – Market dimension and forecast 2021-2026
    • Exhibit 28: Chart on Third Party – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 29: Data Table on Third Party – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 30: Chart on Third Party – Year-over-year development 2021-2026 (%)
    • Exhibit 31: Data Table on Third Party – Year-over-year development 2021-2026 (%)
  • 5.4 OEM – Market dimension and forecast 2021-2026
    • Exhibit 32: Chart on OEM – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 33: Data Table on OEM – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 34: Chart on OEM – Year-over-year development 2021-2026 (%)
    • Exhibit 35: Data Table on OEM – Year-over-year development 2021-2026 (%)
  • 5.5 Market alternative by Product 
    • Exhibit 36: Market alternative by Product ($ billion)

6 Customer Landscape

  • 6.1 Customer panorama overview 
    • Exhibit 37: Analysis of worth sensitivity, lifecycle, buyer buy basket, adoption charges, and buy standards

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparability 
    • Exhibit 40: Chart on Geographic comparability
    • Exhibit 41: Data Table on Geographic comparability
  • 7.3 North America – Market dimension and forecast 2021-2026
    • Exhibit 42: Chart on North America – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 43: Data Table on North America – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 44: Chart on North America – Year-over-year development 2021-2026 (%)
    • Exhibit 45: Data Table on North America – Year-over-year development 2021-2026 (%)
  • 7.4 APAC – Market dimension and forecast 2021-2026
    • Exhibit 46: Chart on APAC – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 47: Data Table on APAC – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 48: Chart on APAC – Year-over-year development 2021-2026 (%)
    • Exhibit 49: Data Table on APAC – Year-over-year development 2021-2026 (%)
  • 7.5 Europe – Market dimension and forecast 2021-2026
    • Exhibit 50: Chart on Europe – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 51: Data Table on Europe – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 52: Chart on Europe – Year-over-year development 2021-2026 (%)
    • Exhibit 53: Data Table on Europe – Year-over-year development 2021-2026 (%)
  • 7.6 South America – Market dimension and forecast 2021-2026
    • Exhibit 54: Chart on South America – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 55: Data Table on South America – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 56: Chart on South America – Year-over-year development 2021-2026 (%)
    • Exhibit 57: Data Table on South America – Year-over-year development 2021-2026 (%)
  • 7.7 Middle East and Africa – Market dimension and forecast 2021-2026 
    • Exhibit 58: Chart on Middle East and Africa – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 59: Data Table on Middle East and Africa – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 60: Chart on Middle East and Africa – Year-over-year development 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa – Year-over-year development 2021-2026 (%)
  • 7.8 US – Market dimension and forecast 2021-2026
    • Exhibit 62: Chart on US – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 63: Data Table on US – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 64: Chart on US – Year-over-year development 2021-2026 (%)
    • Exhibit 65: Data Table on US – Year-over-year development 2021-2026 (%)
  • 7.9 China – Market dimension and forecast 2021-2026
    • Exhibit 66: Chart on China – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 67: Data Table on China – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 68: Chart on China – Year-over-year development 2021-2026 (%)
    • Exhibit 69: Data Table on China – Year-over-year development 2021-2026 (%)
  • 7.10 Germany – Market dimension and forecast 2021-2026
    • Exhibit 70: Chart on Germany – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 71: Data Table on Germany – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 72: Chart on Germany – Year-over-year development 2021-2026 (%)
    • Exhibit 73: Data Table on Germany – Year-over-year development 2021-2026 (%)
  • 7.11 India – Market dimension and forecast 2021-2026
    • Exhibit 74: Chart on India – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 75: Data Table on India – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 76: Chart on India – Year-over-year development 2021-2026 (%)
    • Exhibit 77: Data Table on India – Year-over-year development 2021-2026 (%)
  • 7.12 Japan – Market dimension and forecast 2021-2026
    • Exhibit 78: Chart on Japan – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 79: Data Table on Japan – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 80: Chart on Japan – Year-over-year development 2021-2026 (%)
    • Exhibit 81: Data Table on Japan – Year-over-year development 2021-2026 (%)
  • 7.13 Market alternative by geography 
    • Exhibit 82: Market alternative by geography ($ billion)

8 Drivers, Challenges, and Trends

  • 8.3 Impact of drivers and challenges 
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026

9 Vendor Landscape

  • 9.2 Vendor panorama 
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption 
    • Exhibit 85: Overview on elements of disruption
  • 9.4 Industry dangers 
    • Exhibit 86: Impact of key dangers on business

10 Vendor Analysis

  • 10.1 Vendors coated 
    • Exhibit 87: Vendors coated
  • 10.2 Market positioning of distributors 
    • Exhibit 88: Matrix on vendor place and classification
  • 10.3 AT and T Inc. 
    • Exhibit 89: AT and T Inc. – Overview
    • Exhibit 90: AT and T Inc. – Business segments
    • Exhibit 91: AT and T Inc. – Key choices
    • Exhibit 92: AT and T Inc. – Segment focus
  • 10.4 Continental AG 
    • Exhibit 93: Continental AG – Overview
    • Exhibit 94: Continental AG – Business segments
    • Exhibit 95: Continental AG – Key information
    • Exhibit 96: Continental AG – Key choices
    • Exhibit 97: Continental AG – Segment focus
  • 10.5 Garmin Ltd. 
    • Exhibit 98: Garmin Ltd. – Overview
    • Exhibit 99: Garmin Ltd. – Business segments
    • Exhibit 100: Garmin Ltd. – Key choices
    • Exhibit 101: Garmin Ltd. – Segment focus
  • 10.6 Geotab Inc. 
    • Exhibit 102: Geotab Inc. – Overview
    • Exhibit 103: Geotab Inc. – Product / Service
    • Exhibit 104: Geotab Inc. – Key choices
  • 10.7 Masternaut Ltd. 
    • Exhibit 105: Masternaut Ltd. – Overview
    • Exhibit 106: Masternaut Ltd. – Product / Service
    • Exhibit 107: Masternaut Ltd. – Key choices
  • 10.8 Microlise Group Plc 
    • Exhibit 108: Microlise Group Plc – Overview
    • Exhibit 109: Microlise Group Plc – Product / Service
    • Exhibit 110: Microlise Group Plc – Key choices
  • 10.9 Omnitracs LLC 
    • Exhibit 111: Omnitracs LLC – Overview
    • Exhibit 112: Omnitracs LLC – Product / Service
    • Exhibit 113: Omnitracs LLC – Key choices
  • 10.10 TomTom International BV 
    • Exhibit 114: TomTom International BV – Overview
    • Exhibit 115: TomTom International BV – Business segments
    • Exhibit 116: TomTom International BV – Key choices
    • Exhibit 117: TomTom International BV – Segment focus
  • 10.11 Trimble Inc. 
    • Exhibit 118: Trimble Inc. – Overview
    • Exhibit 119: Trimble Inc. – Business segments
    • Exhibit 120: Trimble Inc. – Key choices
    • Exhibit 121: Trimble Inc. – Segment focus
  • 10.12 Verizon Communications Inc. 
    • Exhibit 122: Verizon Communications Inc. – Overview
    • Exhibit 123: Verizon Communications Inc. – Business segments
    • Exhibit 124: Verizon Communications Inc. – Key choices
    • Exhibit 125: Verizon Communications Inc. – Segment focus

11 Appendix

  • 11.2 Inclusions and exclusions guidelines 
    • Exhibit 126: Inclusions guidelines
    • Exhibit 127: Exclusions guidelines
  • 11.3 Currency conversion charges for US$ 
    • Exhibit 128: Currency conversion charges for US$
  • 11.4 Research methodology 
    • Exhibit 129: Research methodology
    • Exhibit 130: Validation methods employed for market sizing
    • Exhibit 131: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 132: List of abbreviations

About Technavio

Technavio is a number one world expertise analysis and advisory firm. Their analysis and evaluation concentrate on rising market tendencies and supplies actionable insights to assist companies establish market alternatives and develop efficient methods to optimize their market positions.

With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 reviews and counting, protecting 800 applied sciences, spanning throughout 50 nations. Their shopper base consists of enterprises of all sizes, together with greater than 100 Fortune 500 firms. This rising shopper base depends on Technavio’s complete protection, intensive analysis, and actionable market insights to establish alternatives in present and potential markets and assess their aggressive positions inside altering market situations.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

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