Fleet Management Services - Market Scope
Fleet management is the larger-scale administration of commercial vehicle operations. It can be defined as the procedures used by fleet managers to keep track of fleet activities and make choices related to asset management, dispatch and routing, and vehicle procurement. Fleet management is used by businesses that rely on transportation to keep costs, productivity, fuel management, and compliance under control. As a result, fleet managers are in charge of keeping expenses low, optimizing profits, and minimizing fleet vehicle risks.
The Fleet Management Services - market study is segmented and major geographies with country level break-up.
The global Fleet Management Services market study includes a competitive landscape that provides a complete picture of the global industry. This portion of the study will give you detailed information on all important players, including marketing strategies, business description, product portfolio, financial performance, recent advancements, and regional presence. In addition, the report will include an in-depth analysis of major market strategies such as new product development/launch, mergers and acquisitions, partnerships, collaborations and joint ventures, research and development, and regional expansion.
Hoyer Gmbh (Germany), Hamilton Rentals (United Kingdom), Navico (Norway), Pointer Telocation Systems Ltd. (Israel), Michelin (France), ALD Automotive (France), Utranazz (United Kingdom), Open tech (Italy), Move-In Sync (India), Minifinder Sweden AB (Sweden) and Solmed Alliance (Spain) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Fleet Management Services - market by Type, Application and Region.
On the basis of geography, the market of Fleet Management Services - has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In May 2021, Webfleet Solutions, Europe's leading telematics solutions supplier, is expanding into Hungary. With its new presence in Budapest, the Bridgestone-owned company will offer customized solutions and services to meet the needs of the local business fleet sector. The company's award-winning WEBFLEET fleet management solution, which is linked to the Hungarian electronic toll system HU-GO, is now available in Hungarian as a first step.
Market Drivers
- The Focus of Fleet Owners has shifted to Operational Efficiency
- Increasing Adoption of Wireless Technology
Opportunities
- Maas (Mobility-As-A-Service) Could Generate New Income Streams
- Increasing Joint Venture and Collaboration
Restraints
- Increasing Problems related to GPS Connectivity due to Atmospheric Inference
- Constant Fluctuations in Fuel Prices
Challenges
- Growing Data Volumes and Increasing Number of Cyber Threats Globally
- Rising Concerns about Feet Safety
Key Target Audience
Industry Association, Downstream Vendors, Marketing & Consulting firms, Venture Capitalists, Government & Regulatory Bodies and Investors
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Fleet Management Services - Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2027.