Smart Fleet Management Market Size-By Component (Hardware, Software), Transport Mode (Roadways, Marine, Airways, Railways), Connectivity (Short-range Communication, Long-range Communication, Cloud-based), Regional Outlook & Global Forecast, 2023-2032

Description

List of Tables

Global Smart Fleet Management Market will register a 7.8% CAGR between 2023 and 2032 due to the widespread adoption of intelligent solutions and strides in connectivity technologies. Businesses seek operational efficiency and cost savings, fostering a growing reliance on smart solutions. The integration of advanced connectivity technologies, including IoT and telematics, will propel real-time monitoring and analytics, shaping a dynamic landscape for the smart fleet management industry. This synergy of intelligent solutions and connectivity advancements aligns with the industry's evolving needs and significantly contributes to market expansion.

For instance, in 2023, JLG Industries, a prominent leader in mobile elevating work platforms (MEWPs) and telehandlers, unveiled a preview of the innovative ClearSky Smart Fleet™. This advanced Internet of Things (IoT) platform offers genuine two-way fleet management and machine interactivity, marking a significant advancement in the industry's technology landscape.

The overall smart fleet management industry is segregated based on type of component, transport mode, and region.

The software segment will achieve a remarkable market share by 2032, attributed to the increasing importance of data-driven insights and connectivity. As the demand for real-time monitoring and analytics surges, fleet operators are inclined toward advanced software solutions. These enable efficient route planning, maintenance scheduling, and overall performance optimization. With a focus on leveraging technology for streamlined operations, the software segment will stand out as a leading contributor to the ever-evolving landscape of the smart fleet management industry.

The industry size of the airways segment will garner substantial gains through 2032, owing to the aviation industry's emphasis on operational efficiency and safety. As airlines prioritize real-time monitoring and data-driven decision-making, sophisticated fleet management solutions become essential. From optimizing fuel consumption to predictive maintenance, airways leverage advanced technologies for a competitive edge. The adoption of smart fleet management in the aviation sector will underscore its pivotal role in enhancing overall performance and cost-effectiveness within the dynamic landscape of airline operations.

Asia-Pacific smart fleet management industry will expand at a notable CAGR during 2023 and 2032, driven by a convergence of factors such as rapid urbanization, increasing commercial activities, and technological adoption. The dynamic business landscape and a growing emphasis on operational efficiency fuel the demand for smart fleet solutions across APAC. With a burgeoning fleet ecosystem and a keen focus on advanced technologies, Asia-Pacific will emerge as a pivotal force in shaping the smart fleet management market, reflecting the region's commitment to harnessing innovative solutions for enhanced transportation and logistics efficiency.

Product Code: 7429

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Smart fleet management market 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Regional trends
2.4 Component trends
2.5 Transport Mode trends
2.6 Connectivity trends

Chapter 3 Smart Fleet Management Industry Insights

3.1 Impact of COVID-19
3.2 Industry ecosystem analysis
3.3 Vendor matrix
3.4 Profit margin analysis
3.5 Transport Mode & innovation landscape
3.6 Patent analysis
3.7 Key news and initiatives
- 3.7.1 Partnership/Collaboration
- 3.7.2 Merger/Acquisition
- 3.7.3 Investment
- 3.7.4 Product launch & innovation
3.8 Regulatory landscape
3.9 Impact forces
- 3.9.1 Growth drivers
  - 3.9.1.1 Rising investments in fleet management startups
  - 3.9.1.2 Increasing need for real-time fleet tracking
  - 3.9.1.3 Proliferation of Internet of Things (IoT)
  - 3.9.1.4 Growing demand for proactive maintenance scheduling
- 3.9.2 Industry pitfalls & challenges
  - 3.9.2.1 High initial setup costs to implement smart fleet management systems
  - 3.9.2.2 Data security concerns
3.10 Growth potential analysis
3.11 Porter's analysis
3.12 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
- 4.3.1 General Motors
- 4.3.2 Robert Bosch GmbH
- 4.3.3 Siemens
- 4.3.4 Cisco Systems
- 4.3.5 Continental AG
- 4.3.6 Denso Corporation
- 4.3.7 Avnet
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022

Chapter 5 Smart Fleet Management Market Estimates & Forecast, By Component

5.1 Key trends, by component
- 5.1.1 Hardware
  - 5.1.1.1 Tracking Devices
  - 5.1.1.2 Telematic Devices
  - 5.1.1.3 Sensors
  - 5.1.1.4 Remote Diagnostics
  - 5.1.1.5 Communication Devices
  - 5.1.1.6 Others
- 5.1.2 Software
  - 5.1.2.1 Vehicle Tracking
  - 5.1.2.2 Route Optimization
  - 5.1.2.3 Compliance and Reporting
  - 5.1.2.4 Others

Chapter 6 Smart Fleet Management Market Estimates & Forecast, By Transport Mode

6.1 Key trends, by transport mode
- 6.1.1 Roadways
- 6.1.2 Marine
- 6.1.3 Airways
- 6.1.4 Railways

Chapter 7 Smart Fleet Management Market Estimates & Forecast, By Connectivity

7.1 Key trends, by connectivity
- 7.1.1 Short Range Communication
- 7.1.2 Long Range Communication
- 7.1.3 Cloud - based

Chapter 8 Smart Fleet Management Market Estimates & Forecast, By Region

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 U.K.
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Russia
- 8.3.6 Nordics
8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 ANZ
- 8.4.6 Southeast Asia
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
8.6 MEA
- 8.6.1 UAE
- 8.6.2 South Africa
- 8.6.3 Saudi Arabia

Chapter 9 Company Profiles

9.1 IBM
9.2 Sierra Wireless
9.3 Avnet
9.4 OrangeMantra
9.5 Sintrones
9.6 Denso Corporation
9.7 Cisco Systems
9.8 Continental AG
9.9 Tech Mahindra
9.10 Siemens
9.11 Globecomm Systems Inc.
9.12 Robert Bosch GmbH
9.13 Infineon Technologies
9.14 CarTrack Technologies Co Ltd
9.15 General Motors
9.16 ChainwayTSP Co Ltd
9.17 Magellan and Trimble Navigation Ltd
9.18 Zonar Systems
9.19 Workwave LLC