Navigation Links
Fleet Management Market to Reach $30.45 Billion by 2018 at a 22.8% CAGR - New Report by MarketsandMarkets
Date:8/15/2013

(PRWEB) August 15, 2013

The "Fleet Management Market (Fleet Analytics; Vehicle Tracking & Fleet Monitoring; Telematics; Vendor Services) by Vehicles (Trucks; Light Goods; Buses; Corporate Fleets; Container Ships; Aircrafts) Worldwide Market Forecasts and Analysis (2013 – 2018)", which analyzed and studied the major market drivers, restraints, and opportunities in North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa. The study observes that the fleet management market is expected to grow from $10.91 billion in 2013 to $30.45 billion by 2018, at a Compound Annual Growth Rate (CAGR) of 22.8% from 2013 to 2018.

Browse

  • 102 Market Data Tables
  • 42 Figures
  • 211 Pages and In-Depth Table of Content on “Fleet Management Market”

http://www.marketsandmarkets.com/Market-Reports/fleet-management-systems-market-1020.html

Early buyers will receive 10% customization on this report.

Fleet management is about smartening the fleet vehicles operations. Intelligent fleet management solutions based on technologies such as Global Positioning system (GPS)-based telematics are helping fleet operators to enhance operational efficiencies in terms of improving vehicle performance and mileage, enhancing operational reliability and safety, maintenance planning, driver control, and optimizing navigation and routes. The growing competitiveness among the transportation service providers, CO2 emission control norms, and rising fuel prices are making the Fleet Management System (FMS) an essential component for the business operation of the fleet vehicle operators.

The number of vehicles is increasing globally with a major boom in the emerging economies; this has a positive impact on the fleet management industry. Asia-Pacific is expected to exhibit the highest growth rate in the fleet management market revenue out of the various regional markets. There are also government endeavors to mandate the incorporation of GPS tracking features in all the new vehicles to be sold and operated in their specific regions, which clearly shows the opportunities for fleet management business growth. Organizations from public transport, service sectors, logistics, and retail industries are expected to bring huge business opportunities for the fleet management vendors.

The key strategies followed by many of the leading companies in the fleet management market are new technology, customized solution, and acquiring relatively small domain expert players. Some of the major players in this market are Accenture, Motorola Solutions, TomTom, Qualcomm, Masternaut, Trimble Navigation Ltd., Garmin International, Fleetmatics, Pointer Telocation Ltd, Verizon Networkfleet, among others.

This report provides key insights into the market dynamics, industry trends, and adoption trends in the fleet management market. It explores business potential of fleet management solutions across varied industry verticals such as academia, government and waste management, public transport, utilities, retail, logistics, construction, mining, oil, gas and chemicals, service sectors, and others. The report talks about revenues expected from the fleet management solutions and services offered to different types of vehicles.

The report analyzes market sizes and revenue forecasts across different regions. The report also draws the competitive landscape of the fleet management market, providing an in-depth comparative analysis of the technological and marketing strategies that the key players are adopting in order to gain an edge over their competitors.

Buy a copy of this report at: http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=1020 .

Download free brochure at: http://www.marketsandmarkets.com/pdfdownload.asp?id=1020 .

Find related reports to – Telecom and IT Market.

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales(at)marketsandmarkets(dot)com
Connect with us on LinkedIn.
Connect with us on Facebook.

Read the full story at http://www.prweb.com/releases/fleet-management-systems/market/prweb11026582.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. 911 Signal USA Attends the 2013 Southwest Police Fleet Expo
2. Pan American Express Selects FleetLocate’s Rich Data Trailer Tracking Solution to Increase Visibility and Efficiencies of its Fleet of Dry Vans
3. ONR-funded software boosts marines civilian operations at fleet exercise
4. BMA Management Names Kourtnie Rohrbach as Director of Marketing for St. Anthony of Lansing
5. The Exclusive Acai Berry Select Weight Management Club Now Open for Membership
6. Rehab Management Solutions Offers 2-Day Educational Training to Physical & Occupational Therapists on Functional Testing
7. National Case Management Week Resolution Introduced in Senate
8. BMA Management Memory Care Community Earns Deficiency-Free Survey from State Department
9. BMA Management Affordable Assisted Living Community Earns Deficiency-Free Survey From State Department
10. Stryker Lawsuits Move Forward in New Jersey Superior Court, as Bernstein Liebhard LLP Notes Upcoming Case Management Conference
11. ARA Unlocks the Value of Airfield & Infrastructure Asset Management
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/25/2016)... ... , ... On Friday, June 10, Van Mitchell, Secretary of the Maryland Department ... in recognition of their exemplary accomplishments in worksite health promotion. , The Wellness at ... Wellness Symposium at the BWI Marriott in Linthicum Heights. iHire was one of 42 ...
(Date:6/24/2016)... , ... June 24, 2016 , ... June 19, 2016 ... dangers associated with chronic pain and the benefits of holistic treatments, Serenity Recovery ... are suffering with Sickle Cell Disease. , Sickle Cell Disease (SCD) is a disorder ...
(Date:6/24/2016)... ... June 24, 2016 , ... Dr. Amanda Cheng, an ... Cheng has extensive experience with all areas of orthodontics, including robotic Suresmile technology, ... , Micro-osteoperforation is a revolutionary adjunct to orthodontic treatment. It can be ...
(Date:6/24/2016)... ... June 24, 2016 , ... EB Medicine presented its first-ever ... Medicine conference in Ponte Vedra Beach, FL. The awards honor the outstanding work ... Practice and Pediatric Emergency Medicine Practice. , “With this award, we recognize ...
(Date:6/24/2016)... ... 24, 2016 , ... National recruitment firm Slone Partners is pleased ... and genomics experience, as Vice President of North American Capital Sales at HTG ... leading the sales team in the commercialization of the HTG EdgeSeq system and associated ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... Dublin - ... " Global Markets for Spectroscopy Equipment" report ... This report focuses on the global market of ... applications in various applications. The report deals with spectroscopy ... industries: pharmaceutical and biotechnology, food and beverage, and environmental ...
(Date:6/24/2016)... 24, 2016 The Academy of Managed Care ... that would allow biopharmaceutical companies to more easily ... make formulary and coverage decisions, a move that addresses ... medicines. The recommendations address restrictions in the ... the drug label, a prohibition that hinders decision makers ...
(Date:6/24/2016)... SAN CLEMENTE, Calif. , June 24, 2016 /PRNewswire/ ... pulmonary function testing company, is now able to perform sophisticated lung ... ndd Medical Technologies , Inc. Patients are ... labs.  Thanks to ndd,s EasyOne PRO ® , ARL patients like ... any needed testing done in the comfort of her own home. ...
Breaking Medicine Technology: