The global fleet management is forecast to reach USD 304.78 Billion by 2026, according to a new report by Reports and Data. Fleet management refers to the processes that fleet managers utilize to maintain and manage all fleet and solutions related to acquiring and leasing fleets, vehicle management, uptime & downtime management, routing & scheduling, safety & compliance management, aftermarket service, tracking & geofencing, and others, from acquisition through to disposal. The global fleet management is growing predominantly as the demand for management of the fleet is flourishing in the bigger cities due to the extreme proliferation of private and commercial automotive vehicles in the road. Telematics & tracking is actively raising the capital for the tracking & analytics segment. Road transportation is rapidly harnessing having implemented fleet management in commercial and passenger vehicles.
APAC is forecasted to achieve the fastest growth of about 19.3% in the period 2019 – 2026, due to an increase in the affordability of private vehicles and comprehensive implementation of fleet management by all means of transportation in the countries like India and China. North America holds the highest share of 37.4% in 2018 because of the prodigious rate of commercialization of smart fleet management solutions.
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Objective of Studies:
• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global market.
• To provide insights about factors affecting the market growth. To analyze the market based on various factors- price analysis, supply chain analysis, Porte five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, Latin America and Rest of the World.
• To provide country level analysis of the market with respect to the current market size and future prospective.
Further key findings from the report suggest
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For the purpose of this report, Reports and Data have segmented the global fleet management on the basis of the type, verticals, fleet type, end-use industries, and region:
Type Outlook (Revenue: USD Billion; 2016-2026)
Verticals Outlook (Revenue: USD Billion; 2016-2026)
Fleet Type Outlook (Revenue: USD Billion; 2016-2026)
End-Use Industries Outlook (Revenue: USD Billion; 2016-2026)
Regional Outlook (Revenue: USD Billion; 2016-2026)
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Table of Content:
Chapter 1. Synopsis
1.2. Research Scope & Premise
1.4. Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
Chapter 4. Fleet Management Segmentation & Impact Analysis
4.1. Fleet Management Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. indicators analysis
4.2.2. drivers analysis
18.104.22.168. Massive increase of the road transport fleet in the developing region
22.214.171.124. Inclination towards uplift in the operational performance
126.96.36.199. Government Bodies regulations regarding energy management and efficiency requirement
188.8.131.52. Rise in the implementation of tracking management for road transportation
4.2.3. restraints analysis
184.108.40.206. Challenges with system integration & implementation
220.127.116.11. Lack of public concerns regarding proper maintenance & other regulations
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis…
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