Global Smart Fleet Management Market

- Size, Trend, Share, Opportunity Analysis & Forecast, 2015-2023

  • Date Automotive and Transportation
  • Date August 2017
  • price $3619
 
 

Smart Fleet Management Market Overview:

Smart fleet management track vehicles in real time to reduce idle time and transportation costs and thereby increasing the operational efficiency. These functions can be dealt in two ways-first options is an independent in- smart fleet management industry and the second is to outsource the fleet-management. The data obtained from the fleet management is used to measure operating & maintenance cost of vehicle, make a cost-effective decision or enhance safety or take decisions accordingly. A smart fleet management system is more than a location tracker for trucks and other commercial vehicles. It also monitors activities and behaviors that can put driver or company’s reputation at risk. Smart fleet management market size is expected to grow at a CAGR of 8.0% during the forecast period. Short range communication is used to share information with the user regarding traffic jams and is expected to increase the Smart Fleet Management market share in upcoming years. It also assists the user to find the best possible route to avoid collisions. SFM offers a wide range of applications to user such as fuel management, vehicle location tracking, driver log time management, weather/road conditions monitoring, driving analytics and intelligent routing/tracking among others. SFM Market significantly enhance the aspects of operations by providing ample amount of applications such as operating efficiency, administrative efficiency, safety & compliance and managed services & back office activities.   

Government regulations to curb the environmental pollution is expected to boost the smart fleet management market share during the forecast period. Further, need of high speed network is also expected to fuel the market growth. However, complex & expensive technology and lack of adaptability in developing nations is anticipated to hamper the market.  

The smart fleet management market is segmented based on transportation type, connectivity, solution and geography. Based on transportation type, the market is divided into automotive, rolling stock and marine. By connectivity, the market is categorized into short, long and cloud. Based on solution, the market is divided into tracking and optimization. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Significant players operating in the global smart fleet management market are Robert Bosch GmbH, Continental AG, Denso Corporation, Harman International Industries, Inc., Siemens AG, IBM Corporation, Sierra Wireless, Inc., Cisco Systems, Inc., Calamp Corp., and Precious Shipping Public Company Ltd.

Market Dynamics:

Drivers:
  • Government regulations curb to environmental pollutions
  • Need of high speed network
Restraints:
  • Complex and expensive technology
  • Lack of adaptability in developing nations   
Market Players:

The key players in the smart fleet management market include Robert Bosch GmbH, Continental AG, Denso Corporation, Harman International Industries, Inc., Siemens AG, IBM Corporation, Sierra Wireless, Inc., Cisco Systems, Inc., Calamp Corp., and Precious Shipping Public Company Ltd.

KEY TAKEAWAYS
  • This Smart Fleet Management industry report provides a detailed quantitative analysis of the current market to identify prevailing opportunities.
  • The report provides extensive analysis of smart fleet management market during the forecast period from 2015 to 2025.
  • An in-depth smart fleet management industry analysis of the drivers, restraints, and opportunities has been provided to understand the market behavior.
  • This report includes the in-depth smart fleet management market survey and smart fleet management industry analysis across various segments.
  • The report includes the strategies of key leaders, partnerships, and acquisitions.
  • Porters five forces analysis determines the competitive structure of the market to assist in strategy formulation.
  • A regional and country-level analysis of the market has been provided in the report.
  • Competitive intelligence of leading smart fleet management providers helps understand the competitive scenario across geographies.
  • The report provides extensive qualitative insights on the potential and niche segments or regions that exhibit favorable growth.

Smart Fleet Management Market

MARKET LANDSCAPE

By Product Type

  • Automotive
  • Rolling Stock
  • Marine  

By connectivity

  • Short
  • Long
  • Cloud

By Solution

  • Tracking
  • Optimization

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • Australia
    • China
    • Japan
    • India
    • Singapore
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • Rest of LAMEA
TOP IMPACTING FACTORS

Government regulations curb to environmental pollutions

Government regulations to reduce carbon footprints is expected to boost the demand of smart fleet management during the smart fleet management market forecast period. 2008 Climate Change Act is world’s first legally binding climate change target that aim to reduce greenhouse gas emissions. Further, Environmental Protection Agency 40 CFR Part 60 states that a carbon emission performance rate should be recorded for all vehicle to measure the performance of the vehicles.

Need of high speed network  

Surge in demand of high speed network over the years is expected to boost the demand of smart fleet management market. Over the past decade, link speeds have grown steadily from 1 Gb/s to 10 Gb/s and can reach up to now 100 Gb/s. Several apps have been installed to connect the large customer base to internet. For instance, Government of India partnered with Bharat Petroleum Corporation Limited to launch an android application named Smart Fleet. It offers a wide range of solutions such as tracking of vehicle, set adhoc limit, CMS balance, email balance statement and complaint portal among others.

Complex and expensive network

Since smart fleet management is expensive and difficult to understand, it is expected to hinder the market growth of smart fleet management market during the forecast period. A proper training need to be done to understand the working application of smart fleet management in real life.

Lack of adaptability in developing nations   

Due to complex structure and expensive network of smart fleet management, adaptability of such SFM has witnessed a low growth especially in developing regions.  People find it difficult to access such application and face lot of problems while travelling which leads to collision with other vehicles.
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis (2014-2016)
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Smart Fleet Management Market shares Analysis, 2015
3.4.1. Global Smart Fleet Management Market by type, 2015
3.4.2. Global Smart Fleet Management Market by technology, 2015
3.4.3. Global Smart Fleet Management Market by Geography, 2015
3.4.4. Global Smart Fleet Management Market by Application, 2015
4. Global Smart Fleet Management Market by Transportation Type
4.1. Automotive
4.1.1. Historical Market Size by Region
4.1.2. Market Forecast by Region
4.2. Rolling Stock
4.2.1. Historical Market Size by Region
4.2.2. Market Forecast by Region
4.3. Marine
4.3.1. Historical Market Size by Region
4.3.2. Market Forecast by Region
5. Global Smart Fleet Management Market by Connectivity
5.1. Short
5.1.1. Historical Market Size by Region
5.1.2. Market Forecast by Region
5.2. Long
5.2.1. Historical Market Size by Region
5.2.2. Market Forecast by Region
5.3. Cloud
5.3.1. Historical Market Size by Region
5.3.2. Market Forecast by Region
6. Global Smart Fleet Management Market by Solution
6.1. Tracking
6.1.1. Historical Market Size by Region
6.1.2. Market Forecast by Region
6.2. Optimization
6.2.1. Historical Market Size by Region
6.2.2. Market Forecast by Region
7. Global Smart Fleet Management Market by Geography
7.1. North America
7.1.1. U.S.
7.1.1.1. Historical Market Size by Region
7.1.1.2. Market Forecast by Region
7.1.2. Canada
7.1.2.1. Historical Market Size by Region
7.1.2.2. Market Forecast by Region
7.1.3. Mexico
7.1.3.1. Historical Market Size by Region
7.1.3.2. Market Forecast by Region
7.2. Europe
7.2.1. UK
7.2.1.1. Historical Market Size by Region
7.2.1.2. Market Forecast by Region
7.2.2. Germany
7.2.2.1. Historical Market Size by Region
7.2.2.2. Market Forecast by Region
7.2.3. France
7.2.3.1. Historical Market Size by Region
7.2.3.2. Market Forecast by Region
7.2.4. Spain
7.2.4.1. Historical Market Size by Region
7.2.4.2. Market Forecast by Region
7.2.5. Italy
7.2.5.1. Historical Market Size by Region
7.2.5.2. Market Forecast by Region
7.2.6. Rest of Europe
7.2.6.1. Historical Market Size by Region
7.2.6.2. Market Forecast by Region
7.3. Asia-Pacific
7.3.1. Australia
7.3.1.1. Historical Market Size by Region
7.3.1.2. Market Forecast by Region
7.3.2. China
7.3.2.1. Historical Market Size by Region
7.3.2.2. Market Forecast by Region
7.3.3. Japan
7.3.3.1. Historical Market Size by Region
7.3.3.2. Market Forecast by Region
7.3.4. India
7.3.4.1. Historical Market Size by Region
7.3.4.2. Market Forecast by Region
7.3.5. Singapore
7.3.5.1. Historical Market Size by Region
7.3.5.2. Market Forecast by Region
7.3.6. Rest of Asia-Pacific
7.3.6.1. Historical Market Size by Region
7.3.6.2. Market Forecast by Region
7.4. LAMEA
7.4.1. Latin America
7.4.1.1. Historical Market Size by Region
7.4.1.2. Market Forecast by Region
7.4.2. Middle East
7.4.2.1. Historical Market Size by Region
7.4.2.2. Market Forecast by Region
7.4.3. Africa
7.4.3.1. Historical Market Size by Region
7.4.3.2. Market Forecast by Region
8. Company profiles
8.1. Orbcomm Inc
8.1.1. Overview
8.1.2. Financials and business segments
8.1.3. Recent Developments
8.2. Laird PLC.
8.2.1. Overview
8.2.2. Financials and business segments
8.2.3. Recent Developments
8.3. Teltonika UAB
8.3.1. Overview
8.3.2. Financials and business segments
8.3.3. Recent Developments
8.4. Geotab Inc.
8.4.1. Overview
8.4.2. Financials and business segments
8.4.3. Recent Developments
8.5. Sierra Wireless Inc.
8.5.1. Overview
8.5.2. Financials and business segments
8.5.3. Recent Developments
8.6. Queclink Wireless Solutions Co. Ltd
8.6.1. Overview
8.6.2. Financials and business segments
8.6.3. Recent Developments
8.7. Tomtom International BV
8.7.1. Overview
8.7.2. Financials and business segments
8.7.3. Recent Developments
8.8. Atrack Technology Inc.
8.8.1. Overview
8.8.2. Financials and business segments
8.8.3. Recent Developments
8.9. Calamp Corporation
8.9.1. Overview
8.9.2. Financials and business segments
8.9.3. Recent Developments
8.10. Shenzhen Concox Information Technology Co. Ltd.
8.10.1. Overview
8.10.2. Financials and business segments
8.10.3. Recent Developments

List of Tables

Table 1. Smart Fleet Management Market Value, by Transportation Type, 2015-2023, $million
Table 2. Smart Fleet Management Market Value for Automotive, by Region, 2015-2023, $million
Table 3. Smart Fleet Management Market Value for Rolling Stock, by Region, 2015-2023, $million
Table 4. Smart Fleet Management Market Value for Marine, by Region, 2015-2023, $million
Table 5. Smart Fleet Management Market Value, by Connectivity, 2015-2023, $million
Table 6. Smart Fleet Management Market Value for Short, by Region, 2015-2023, $million
Table 7. Smart Fleet Management Market Value for Long, by Region, 2015-2023, $million
Table 8. Smart Fleet Management Market Value for Cloud, by Region, 2015-2023, $million
Table 9. Smart Fleet Management Market Value, by Solution, 2015-2023, $million
Table 10. Smart Fleet Management Market Value for Tracking, by Region, 2015-2023, $million
Table 11. Smart Fleet Management Market Value for Optimization, by Region, 2015-2023, $million
Table 12. Smart Fleet Management Market Value, by Region, 2015-2023, $million
Table 13. Smart Fleet Management Market Value for North America, by Country, 2015-2023, $million
Table 14. Smart Fleet Management Market Value for North America, by Transportation Type, 2015-2023, $million
Table 15. Smart Fleet Management Market Value for North America, by Connectivity, 2015-2023, $million
Table 16. Smart Fleet Management Market Value for North America, by Solution, 2015-2023, $million
Table 17. Smart Fleet Management Market Value for Europe, by Country, 2015-2023, $million
Table 18. Smart Fleet Management Market Value for Europe, by Transportation Type, 2015-2023, $million
Table 19. Smart Fleet Management Market Value for Europe, by Connectivity, 2015-2023, $million
Table 20. Smart Fleet Management Market Value for Europe, by Solution, 2015-2023, $million
Table 21. Smart Fleet Management Market Value for Asia-Pacific, by Country, 2015-2023, $million
Table 22. Smart Fleet Management Market Value for Asia-Pacific, by Transportation Type, 2015-2023, $million
Table 23. Smart Fleet Management Market Value for Asia-Pacific, by Connectivity, 2015-2023, $million
Table 24. Smart Fleet Management Market Value for Asia-Pacific, by Solution, 2015-2023, $million
Table 25. Smart Fleet Management Market Value for LAMEA, by Country, 2015-2023, $million
Table 26. Smart Fleet Management Market Value for LAMEA, by Transportation Type, 2015-2023, $million
Table 27. Smart Fleet Management Market Value for LAMEA, by Connectivity, 2015-2023, $million
Table 28. Smart Fleet Management Market Value for LAMEA, by Solution, 2015-2023, $million
Table 29. Robert Bosch GmbH - Company Snapshot
Table 30. Continental AG - Company Snapshot
Table 31. Denso Corporation - Company Snapshot
Table 32. Harman International Industries, Inc. - Company Snapshot
Table 33. Siemens AG - Company Snapshot
Table 34. IBM Corporation - Company Snapshot
Table 35. Sierra Wireless, Inc. - Company Snapshot
Table 36. Cisco Systems, Inc. - Company Snapshot
Table 37. Calamp Corp. - Company Snapshot
Table 38. Precious Shipping Public Company Ltd. - Company Snapshot

List of Figures

Figure 1. Smart Fleet Management Automotive Market Value, 2015-2023, $million
Figure 2. Smart Fleet Management Rolling Stock Market Value, 2015-2023, $million
Figure 3. Smart Fleet Management Marine Market Value, 2015-2023, $million
Figure 4. Smart Fleet Management Short Market Value, 2015-2023, $million
Figure 5. Smart Fleet Management Long Market Value, 2015-2023, $million
Figure 6. Smart Fleet Management Cloud Market Value, 2015-2023, $million
Figure 7. Smart Fleet Management Tracking Market Value, 2015-2023, $million
Figure 8. Smart Fleet Management Optimization Market Value, 2015-2023, $million
Figure 9. Smart Fleet Management: U.S. Market Value, 2015-2023, $million
Figure 10. Smart Fleet Management: U.S. Market Value, 2015-2023, $million
Figure 11. Smart Fleet Management: Canada Market Value, 2015-2023, $million
Figure 12. Smart Fleet Management: Canada Market Value, 2015-2023, $million
Figure 13. Smart Fleet Management: Mexico Market Value, 2015-2023, $million
Figure 14. Smart Fleet Management: Mexico Market Value, 2015-2023, $million
Figure 15. Smart Fleet Management: UK Market Value, 2015-2023, $million
Figure 16. Smart Fleet Management: UK Market Value, 2015-2023, $million
Figure 17. Smart Fleet Management: Germany Market Value, 2015-2023, $million
Figure 18. Smart Fleet Management: Germany Market Value, 2015-2023, $million
Figure 19. Smart Fleet Management: France Market Value, 2015-2023, $million
Figure 20. Smart Fleet Management: France Market Value, 2015-2023, $million
Figure 21. Smart Fleet Management: Spain Market Value, 2015-2023, $million
Figure 22. Smart Fleet Management: Spain Market Value, 2015-2023, $million
Figure 23. Smart Fleet Management: Italy Market Value, 2015-2023, $million
Figure 24. Smart Fleet Management: Italy Market Value, 2015-2023, $million
Figure 25. Smart Fleet Management: Rest of Europe Market Value, 2015-2023, $million
Figure 26. Smart Fleet Management: Rest of Europe Market Value, 2015-2023, $million
Figure 27. Smart Fleet Management: China Market Value, 2015-2023, $million
Figure 28. Smart Fleet Management: China Market Value, 2015-2023, $million
Figure 29. Smart Fleet Management: Japan Market Value, 2015-2023, $million
Figure 30. Smart Fleet Management: Japan Market Value, 2015-2023, $million
Figure 31. Smart Fleet Management: India Market Value, 2015-2023, $million
Figure 32. Smart Fleet Management: India Market Value, 2015-2023, $million
Figure 33. Smart Fleet Management: Australia Market Value, 2015-2023, $million
Figure 34. Smart Fleet Management: Australia Market Value, 2015-2023, $million
Figure 35. Smart Fleet Management: South Korea Market Value, 2015-2023, $million
Figure 36. Smart Fleet Management: South Korea Market Value, 2015-2023, $million
Figure 37. Smart Fleet Management: Rest of Asia-Pacific Market Value, 2015-2023, $million
Figure 38. Smart Fleet Management: Rest of Asia-Pacific Market Value, 2015-2023, $million
Figure 39. Smart Fleet Management: Brazil Market Value, 2015-2023, $million
Figure 40. Smart Fleet Management: Brazil Market Value, 2015-2023, $million
Figure 41. Smart Fleet Management: Saudi Arabia Market Value, 2015-2023, $million
Figure 42. Smart Fleet Management: Saudi Arabia Market Value, 2015-2023, $million
Figure 43. Smart Fleet Management: South Africa Market Value, 2015-2023, $million
Figure 44. Smart Fleet Management: South Africa Market Value, 2015-2023, $million
Figure 45. Smart Fleet Management: Rest of LAMEA Market Value, 2015-2023, $million
Figure 46. Smart Fleet Management: Rest of LAMEA Market Value, 2015-2023, $million
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