|By PR Newswire||
|April 13, 2014 09:59 PM EDT||
DUBLIN, April 14, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/mjdlt7/fleet_management) have announced the addition of the "Fleet Management Market (Fleet Analytics, Vehicle Tracking & Fleet Monitoring, Telematics, Vendor Services) By Vehicles: Worldwide Market Forecasts and Analysis to 2018" report to their offering.
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With the rapid increase in the transportation of man and materials, competitiveness among fleet owners is becoming tougher. The hike in fuel price, in addition, is making fleet owners focus on increasing efficiencies in their business operations. Regulations have been introduced to reduce the green house gas emission from transportation and logistics activities and this in turn is making fleet performance monitoring and fuel consumption management extremely important for fleet owners.
The world is moving toward smarter ways of transportation and fleet management for advantages such as smoother traffic flow, improved operation, and enhanced safety. The vehicle manufacturers are also focusing on producing smart vehicles suitable for the intelligent transportation systems. These in turn are acting as a boon for the vendors.
With the increase in global fleet size and the focus on smart and optimized fleet operations, the industry is expected to grow at a Compound Annual Growth Rate (CAGR) of 22.8% from 2013 to 2018. The market is estimated to be $10.91 billion in 2013. The market is expected to grow in tandem with the growth in transportation activities. Hike in fuel prices, need for operational efficiencies, regulations to reduce CO2 emission, decreasing Fleet Management System (FMS) components and connectivity costs are the key drivers for the fleet management industry.
Key Topics Covered:
2 Executive Summary
3 Market Overview And Dynamics
4 Fleet Management: Market Size, Analysis And Forecast By Components, Technologies And Services
5 Fleet Management: Market Size, Analysis And Forecast By Fleet Vehicle Types
6 Fleet Management: Market Size, Analysis And Forecast By Industry Verticals
7 Fleet Management: Market Size, Analysis And Forecast By Regions
8 Market Analysis, Trends And Insights
9 Competitive Landscape
10 Company Profiles
- Cisco Systems, INC.
- Emkay, INC.
- Fleetmatics Ltd
- Garmin LTD.
- Geotab INC
- Id Systems, INC.
- Inthinc Technology Solutions, INC
- Masternaut Uk LTD.
- Mercury Associates, INC.
- Mix Telematics
- Motorola Solutions, INC.
- PHH Corporation
- Pointer Telocation LTD.
- Qualcomm Incorporated
- Rta Fleet Management
- Ryder System, INC.
- Tomtom International BV
- Trafficmaster LTD
- Trimble Navigation LTD.
- Verizon Networkfleet
For more information visit http://www.researchandmarkets.com/research/mjdlt7/fleet_management
Media Contact: Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets