Published by news degree
Posted on August 4, 2021
10 min readLast updated: January 21, 2026
The global fleet management market is forecast to reach USD 304.78 Billion by 2026, according to a new report by Reports and Data. Fleet management refers to the processes that fleet managers utilize to maintain and manage all fleet and solutions related to acquiring and leasing fleets, vehicle management, uptime & downtime management, routing & scheduling, safety & compliance management, aftermarket service, tracking & geofencing, and others, from acquisition through to disposal. The global fleet management market is growing predominantly as the demand for management of the fleet is flourishing in the bigger cities due to the extreme proliferation of private and commercial automotive vehicles in the road. Telematics & tracking is actively raising the market capital for the tracking & analytics segment. Road transportation is rapidly harnessing having implemented fleet management in commercial and passenger vehicles.
APAC is forecasted to achieve the fastest growth of about 19.3% in the period 2019 – 2026, due to an increase in the affordability of private vehicles and comprehensive implementation of fleet management by all means of transportation in the countries like India and China. North America holds the highest market share of 37.4% in 2018 because of the prodigious rate of commercialization of smart fleet management solutions.
Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/2402
Key participants include
Donlen Corporation, Omnitracs, Teletrac Navman, Automotive Rentals Inc., Japan Railways Group, American Airlines, FedEx, GPS Insight, Omnitracs, and Verizon Connect.
Further key findings from the report suggest
Government bodies had a share of about 17.2% in 2018 in the market. The government bodies include licensing management, certifications, registrations, routing & scheduling the government transportation, defense monitoring, and numerous law & orders regarding the fleets. The segment is expected to grow with a CAGR of 14.6% during the forecast period.
Mobility solutions consists of the peer-to-peer ridesharing, ride-hailing, rental services providers, and other passenger carrier and traveling solutions providers. The mobility solutions had a market revenue of USD 27.37 Billion in the year 2018 and will be growing at the highest CAGR of 17.1% throughout the forecast period.
Logistics solutions are one of the highest contributors in this market, with 27.0% of market share in 2018 and 14.7% of the growth rate in the forecast period. FedEx, DHL, Japan Railways Group are some of the key players of this segment.
The solution providers for this market is likely to reach a market share of 70.5% by 2026, having grown with a successive CAGR of 16.3% during the forecast period. Highly accurate solutions for the massive number of fleet in the crowded areas and real-time tracking facilities coupled with high-security solutions are some of the active propellers under this segment.
Maintenance & repair solutions and services focus on providing support & assistance for the fleet and maintenance services for the aftermarket fleets in order to properly sustain the overall fleet management process. The segment is calculated to reach a market valuation of USD 39.01 Billion by 2026.
North America is leading the global market, with 37.4% of market possession in 2018 and would continue dominating the global market with a CAGR of 15.8% during the forecast period. United States possesses the highest market share in the worldwide market.
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For this report, Reports and Data have segmented into the global Fleet Management market on the basis of resin type, composite phases, industry vertical, and region:
Type Outlook (Revenue: USD Billion; 2016-2026)
Solution
Service
Verticals Outlook (Revenue: USD Billion; 2016-2026)
Operation Management
Business Management
Maintenance & Repair
Regulatory & Compliance
Software Solutions
Tracking & Analytics
Others
Fleet Type Outlook (Revenue: USD Billion; 2016-2026)
Aviation
Road Transportation
Railway System
Marine
End-Use Industries Outlook (Revenue: USD Billion; 2016-2026)
Mobility Solutions
Service & Maintenance
Education & Research
Logistics Solutions
Government Bodies
Others
Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/2402
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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
The post Fleet Management Market Revenue Share Analysis, Market Growth Forecast, 2016–2026 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
The global fleet management market is forecast to reach USD 304.78 Billion by 2026, according to a new report by Reports and Data. Fleet management refers to the processes that fleet managers utilize to maintain and manage all fleet and solutions related to acquiring and leasing fleets, vehicle management, uptime & downtime management, routing & scheduling, safety & compliance management, aftermarket service, tracking & geofencing, and others, from acquisition through to disposal. The global fleet management market is growing predominantly as the demand for management of the fleet is flourishing in the bigger cities due to the extreme proliferation of private and commercial automotive vehicles in the road. Telematics & tracking is actively raising the market capital for the tracking & analytics segment. Road transportation is rapidly harnessing having implemented fleet management in commercial and passenger vehicles.
APAC is forecasted to achieve the fastest growth of about 19.3% in the period 2019 – 2026, due to an increase in the affordability of private vehicles and comprehensive implementation of fleet management by all means of transportation in the countries like India and China. North America holds the highest market share of 37.4% in 2018 because of the prodigious rate of commercialization of smart fleet management solutions.
Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/2402
Key participants include
Donlen Corporation, Omnitracs, Teletrac Navman, Automotive Rentals Inc., Japan Railways Group, American Airlines, FedEx, GPS Insight, Omnitracs, and Verizon Connect.
Further key findings from the report suggest
Government bodies had a share of about 17.2% in 2018 in the market. The government bodies include licensing management, certifications, registrations, routing & scheduling the government transportation, defense monitoring, and numerous law & orders regarding the fleets. The segment is expected to grow with a CAGR of 14.6% during the forecast period.
Mobility solutions consists of the peer-to-peer ridesharing, ride-hailing, rental services providers, and other passenger carrier and traveling solutions providers. The mobility solutions had a market revenue of USD 27.37 Billion in the year 2018 and will be growing at the highest CAGR of 17.1% throughout the forecast period.
Logistics solutions are one of the highest contributors in this market, with 27.0% of market share in 2018 and 14.7% of the growth rate in the forecast period. FedEx, DHL, Japan Railways Group are some of the key players of this segment.
The solution providers for this market is likely to reach a market share of 70.5% by 2026, having grown with a successive CAGR of 16.3% during the forecast period. Highly accurate solutions for the massive number of fleet in the crowded areas and real-time tracking facilities coupled with high-security solutions are some of the active propellers under this segment.
Maintenance & repair solutions and services focus on providing support & assistance for the fleet and maintenance services for the aftermarket fleets in order to properly sustain the overall fleet management process. The segment is calculated to reach a market valuation of USD 39.01 Billion by 2026.
North America is leading the global market, with 37.4% of market possession in 2018 and would continue dominating the global market with a CAGR of 15.8% during the forecast period. United States possesses the highest market share in the worldwide market.
Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/2402
For this report, Reports and Data have segmented into the global Fleet Management market on the basis of resin type, composite phases, industry vertical, and region:
Type Outlook (Revenue: USD Billion; 2016-2026)
Solution
Service
Verticals Outlook (Revenue: USD Billion; 2016-2026)
Operation Management
Business Management
Maintenance & Repair
Regulatory & Compliance
Software Solutions
Tracking & Analytics
Others
Fleet Type Outlook (Revenue: USD Billion; 2016-2026)
Aviation
Road Transportation
Railway System
Marine
End-Use Industries Outlook (Revenue: USD Billion; 2016-2026)
Mobility Solutions
Service & Maintenance
Education & Research
Logistics Solutions
Government Bodies
Others
Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/2402
Have a Look at Related Reports:
Car Care Products Market Analysis By Product (Cleaning, Polishing and Waxing.), By Component Material (Rubber, Leather, Metal Bodies, Glass), By Distribution Channel (Brick and Mortar, Online), By Solvent Type, By Application By Region Forecasts To 2026
Automotive Aftermarket Wheels Market Analysis, By Material Type (Steel, Aluminum, Alloy) By Coating Type (Chrome, Paint, Gold) By Size Type (8-12 Inch, 13-17 Inch, 18-21 Inch, above 21 Inch) By Manufacturing Process (Casting, Flow Forming, Forging), Forecasts to 2026
Automotive Diagnostics Market By Vehicle Type (Commercial And Passenger), By Equipment Type (Exhaust Gas Analyzer, Paint Scan Equipment, Wheel Alignment Equipment, Dynamometer, and Headlight Tester), By Product Type, And Segment Forecasts To 2027
Automotive Maintenance Tools Market Size, Share And Industry Analysis By Type (Battery Chargers, Creepers And Creeper Casters, Funnel, Measuring Cups/pitcher/scoop, Automotive Specialized Tools, Drain And Drip Pans, Others), By Vehicle Type (Passenger Car, Heavy And Medium Duty Vehicles, Light Duty Vehicles, Motorcycles, Others) And Region, Segment Forecasts To 2025
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
The post Fleet Management Market Revenue Share Analysis, Market Growth Forecast, 2016–2026 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
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