Industry Background:
Fleet consultancy services help in selecting companies, maintaining, optimizing, and managing their fleet's complexities under fleet services. The range of fleet consulting services consists of fleet management strategy, fleet procurement, fleet vendor management, fleet analytics, and other services. This service helps fleet management companies in optimizing the car and truck delivery routes. It improves the overall logistics of the companies along with bettering the mobility and communication between fleet managers and drivers.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Merchants Fleet (United States), Element Fleet Management Corp. (Canada), CLM Fleet Management PLC ( United Kingdom), VP Solutions Ltd (United Kingdom), Wilmar, Inc. (United States), MCB Fleet Management Consulting (United States), Advanced Fleet Management Consulting Services (Spain), Darr Mobility Concepts (Germany), Rand McNally (United States), Mojio Partners (Canada), Mercury Associates (United States) and Hennecke Fleet Consulting (Germany) |
CAGR | % |
This growth is primarily driven by Growing Demand for Automation and Guidance in the Fleet Management and Need for Facilitating Communication Between Fleet Managers and Drivers for Overall Safety.
Globally, a noticeable market trend is evident Emerging Fleet Consulting Services Utilization by the Logistics and Supply Chain
. Major Players, such as Merchants Fleet (United States), Element Fleet Management Corp. (Canada), CLM Fleet Management PLC ( United Kingdom), VP Solutions Ltd (United Kingdom), Wilmar, Inc. (United States), MCB Fleet Management Consulting (United States), Advanced Fleet Management Consulting Services (Spain), Darr Mobility Concepts (Germany), Rand McNally (United States), Mojio Partners (Canada), Mercury Associates (United States) and Hennecke Fleet Consulting (Germany) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 12th April 2022, Rand McNally expanded its global footprint with the addition of an Australian fleet management and vehicle insights company. TELEO Capital, which purchased Rand McNally in late 2020, recently acquired Fleetsu, combining Rand McNally’s fleet business with Fleetsu’s platform, data, and analytics capabilities.
On 29th March 2022, Mojio, a leading connected mobility platform, and SaaS solutions provider and maker of Force by Mojio, the only fleet management solution built specifically for small businesses, announced its partnership with Housecall Pro, the leading software platform for home service professionals. The partnership combines real-time telematics data from Force by Mojio with Housecall Pro’s all-in-one platform, making it easier for home service professionals to track their business vehicles, improve operations and modernize the customer experience.
Regulatory Insights:
"All U.S. commercial vehicle operators are subject to federal safety regulations by the U.S. Department of Transportation (DOT). The DOT's mission is for the United States to be globally recognized as the world's leading transportation system. Many of these incidents could have been prevented with the right driver education and trucking compliance best practices to ensure compliance with DOT regulations for fleets."
Market Drivers
- Growing Demand for Automation and Guidance in the Fleet Management
- Need for Facilitating Communication Between Fleet Managers and Drivers for Overall Safety
Market Trend
- Emerging Fleet Consulting Services Utilization by the Logistics and Supply Chain
- Emerging Focus on Telematics Tracking
Restraints
- Lack of reach of Fleet Consultancy Services in the Underdeveloped Region of the World
Opportunities
Growing Spendings on the Connected Vehicles, EV, and Gig Economy by the Industry Associations will Boost the Fleet Consultancy Services Market
Challenges
Stiff Competition in the Fleet Consultancy Services Market
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Fleet Consultancy Services Study Sheds Light on
The Fleet Consultancy Services Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Fleet Consultancy Services industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Fleet Consultancy Services industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.
Frequently Asked Questions (FAQ):
1. What is the growth rate predicted for the Global Fleet Consultancy Services Market?The Fleet Consultancy Services market is expected to see a CAGR of
% during projected year 2021 to 2027.
2. Who are the top performing companies in Fleet Consultancy Services Market?
Top performing companies in the Global Fleet Consultancy Services market are Merchants Fleet (United States), Element Fleet Management Corp. (Canada), CLM Fleet Management PLC ( United Kingdom), VP Solutions Ltd (United Kingdom), Wilmar, Inc. (United States), MCB Fleet Management Consulting (United States), Advanced Fleet Management Consulting Services (Spain), Darr Mobility Concepts (Germany), Rand McNally (United States), Mojio Partners (Canada), Mercury Associates (United States) and Hennecke Fleet Consulting (Germany), to name a few.
3. Which region dominated the worldwide market for Fleet Consultancy Services in 2021?
is dominating the Fleet Consultancy Services Market.