Global Fleet Operation Market Research Report 2022

There are many different functions involved in fleet management, all of which are critical to the overall stability and effectiveness of an organization. After all, most companies today are completely dependent on their supply chain in order to function. And fleets play an instrumental role in keeping them running.
Some of the main functions in fleet management include vehicle leasing and financing, supply chain management, accident management, and licensing compliance. And one of the most important categories within fleet management is fleet operations, also known as logistics.

Fleet operations has to do with short- and long-term logistical fleet management. The job of a fleet operations manager is to make sure that all vehicles under their care stay in proper working order. They are also in charge of ensuring they stay within their allotted budget. These responsibilities are much easier done with the right tools and technologies in place.

Industry Insights

The global Fleet Operation market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.

Fully considering the economic change by this health crisis, Hardware accounting for % of the Fleet Operation global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Automotives segment is altered to an % CAGR throughout this forecast period.

China Fleet Operation market size is valued at US$ million in 2021, while the North America and Europe Fleet Operation are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Fleet Operation landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Fleet Operation market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Fleet Operation market in terms of revenue.

Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Fleet Operation market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Fleet Operation market.

Impact of Covid-19 Outbreak

This section of the report has explored the overall status of the Covid scenario and has offered valuable insights into the changes in supply chain disruption, fluctuations in demand, etc. The analysts have also focused on the key measures that the companies are opting to withstand the harsh scenario.

Segmental Analysis

The report has been segmented into product and application segments. The researchers have documented all the products present today in the Fleet Operation market. They have also shed light on the new product innovations and launches by the key players. In the segmental analysis, the analysts have provided revenue forecast figures based on type and application for the period 2017-2028. They have also discussed about the growth rate and potential of each segment for the period 2017-2028.

Fleet Operation Breakdown Data by Type

Hardware

Software

Fleet Operation Breakdown Data by Application

Automotives

Aviation or Nautical Crafts

Rail Cars

Regional Analysis

North America

United States

Canada

Europe

Germany

France

UK

Italy

Russia

Nordic Countries

Rest of Europe

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Australia

Rest of Asia

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

Competitive Landscape

This segment focuses on the key players operating in the industry. It underlines all the current and future activities by the prominent manufacturers. By understanding various initiatives being taken up by different players, readers will gain the ability to settle on correct business choices. The authors of the report have provided accurate revenue figures of the companies for the period 2017-2022. The clients are sure to gain the upper hand once they get hold of this report. Key players studied in the research report include:

Vector

Fleet Operations

MiX Telematics

Samsara

Horizons, Inc.

Element Fleet Management Corp.

Chevin Fleet

Program Support Center

Fleetio

Saloodo

Merchants Fleet

Fleetroo

Teletrac Navman

Frequently Asked Questions

What factors will challenge the Fleet Operation market growth?

Which end-use segment will expand at the fastest CAGR in the Fleet Operation market?

Which are the emerging players in the Fleet Operation market?

How concentrated is the Fleet Operation market?

Which factors are positively contributing to the Fleet Operation market growth?

Which are the novel product innovations in the Fleet Operation market?

Which product segment will emerge as the most lucrative in the Fleet Operation market?

Which factors are increasing the competition in the Fleet Operation market?

Which are the strategic measures taken by the Fleet Operation industry players?

Which region will witness inactive growth during the forecast period?

What key trends are likely to emerge in the Fleet Operation market in the coming years?