Press release
What Drones Did Next: How Smart Fleet Management Will Revolutionize Work
Smart Fleet Management
Smart fleet management track vehicles in real time to reduce idle time and transportation costs and thereby increasing the operational efficiency. These functions can be dealt in two ways-first options is an independent in- smart fleet management industry and the second is to outsource the fleet-management. The data obtained from the fleet management is used to measure operating & maintenance cost of vehicle, make a cost-effective decision or enhance safety or take decisions accordingly. A smart fleet management system is more than a location tracker for trucks and other commercial vehicles. It also monitors activities and behaviors that can put driver or company’s reputation at risk. Smart fleet management market size is expected to grow at a CAGR of 8.0% during the forecast period. Short range communication is used to share information with the user regarding traffic jams and is expected to increase the Smart Fleet Management market share in upcoming years. It also assists the user to find the best possible route to avoid collisions. SFM offers a wide range of applications to user such as fuel management, vehicle location tracking, driver log time management, weather/road conditions monitoring, driving analytics and intelligent routing/tracking among others. SFM Market significantly enhance the aspects of operations by providing ample amount of applications such as operating efficiency, administrative efficiency, safety & compliance and managed services & back office activities.
Save Upto 15% on this Report @ https://www.researchbeam.com/smart-fleet-management-market/purchase-enquiry
Government regulations to curb the environmental pollution is expected to boost the smart fleet management market share during the forecast period. Further, need of high speed network is also expected to fuel the market growth. However, complex & expensive technology and lack of adaptability in developing nations is anticipated to hamper the market.
The smart fleet management market is segmented based on transportation type, connectivity, solution and geography. Based on transportation type, the market is divided into automotive, rolling stock and marine. By connectivity, the market is categorized into short, long and cloud. Based on solution, the market is divided into tracking and optimization. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
Significant players operating in the global smart fleet management market are Robert Bosch GmbH, Continental AG, Denso Corporation, Harman International Industries, Inc., Siemens AG, IBM Corporation, Sierra Wireless, Inc., Cisco Systems, Inc., Calamp Corp., and Precious Shipping Public Company Ltd.
Get the sample PDF Brochure of market study @ https://www.researchbeam.com/smart-fleet-management-market/request-sample
Market Dynamics:
Drivers:
Government regulations curb to environmental pollutions
Need of high speed network
Restraints:
Complex and expensive technology
Lack of adaptability in developing nations
Market Players:
The key players in the smart fleet management market include Robert Bosch GmbH, Continental AG, Denso Corporation, Harman International Industries, Inc., Siemens AG, IBM Corporation, Sierra Wireless, Inc., Cisco Systems, Inc., Calamp Corp., and Precious Shipping Public Company Ltd.
KEY TAKEAWAYS
This Smart Fleet Management industry report provides a detailed quantitative analysis of the current market to identify prevailing opportunities.
The report provides extensive analysis of smart fleet management market during the forecast period from 2015 to 2025.
An in-depth smart fleet management industry analysis of the drivers, restraints, and opportunities has been provided to understand the market behavior.
This report includes the in-depth smart fleet management market survey and smart fleet management industry analysis across various segments.
The report includes the strategies of key leaders, partnerships, and acquisitions.
Porters five forces analysis determines the competitive structure of the market to assist in strategy formulation.
A regional and country-level analysis of the market has been provided in the report.
Competitive intelligence of leading smart fleet management providers helps understand the competitive scenario across geographies.
The report provides extensive qualitative insights on the potential and niche segments or regions that exhibit favorable growth.
MARKET LANDSCAPE
By Product Type
Automotive
Rolling Stock
Marine
By connectivity
Short
Long
Cloud
By Solution
Tracking
Optimization
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
Australia
China
Japan
India
Singapore
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
Rest of LAMEA
TOP IMPACTING FACTORS
Government regulations curb to environmental pollutions
Government regulations to reduce carbon footprints is expected to boost the demand of smart fleet management during the smart fleet management market forecast period. 2008 Climate Change Act is world’s first legally binding climate change target that aim to reduce greenhouse gas emissions. Further, Environmental Protection Agency 40 CFR Part 60 states that a carbon emission performance rate should be recorded for all vehicle to measure the performance of the vehicles.
Need of high speed network
Surge in demand of high speed network over the years is expected to boost the demand of smart fleet management market. Over the past decade, link speeds have grown steadily from 1 Gb/s to 10 Gb/s and can reach up to now 100 Gb/s. Several apps have been installed to connect the large customer base to internet. For instance, Government of India partnered with Bharat Petroleum Corporation Limited to launch an android application named Smart Fleet. It offers a wide range of solutions such as tracking of vehicle, set adhoc limit, CMS balance, email balance statement and complaint portal among others.
Complex and expensive network
Since smart fleet management is expensive and difficult to understand, it is expected to hinder the market growth of smart fleet management market during the forecast period. A proper training need to be done to understand the working application of smart fleet management in real life.
Lack of adaptability in developing nations
Due to complex structure and expensive network of smart fleet management, adaptability of such SFM has witnessed a low growth especially in developing regions. People find it difficult to access such application and face lot of problems while travelling which leads to collision with other vehicles.
About Us
It is crucial for market players to take leaps strategically and update themselves with recent trends, opportunities, and emerging investment pockets. We, at “Research Beam”, adhere to these factors and offer a wide range of reports that are detailed and enable our clients to achieve their goals with long term planning coupled with competitive advantage.
Our database includes a broad array of various market reports from numerous publishers across the globe. These reports of several market categories and sub-categories help our clients to find the exact report they are looking for. We are instrumental to provide quantitative and qualitative insights in their area of interest and bring reports from various publishers under one umbrella to save their time and money. Our clients across the world are gaining profits from the information given in the reports sourced by us.
Contact Us
5933 NE Win Sivers Drive,
#205, Portland, OR 97220
United States
Toll Free: +1 (800) 910-6452
Int'l: +1-971-202-1575
help@researchbeam.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What Drones Did Next: How Smart Fleet Management Will Revolutionize Work here
News-ID: 895420 • Views: …
More Releases from Research Beam Market
Blood Plasma Derivatives Market Growing With $44,333 Million At A CAGR of 9.3% F …
Blood plasma is liquid component of blood where the blood cells are suspended. It contains dissolved proteins (albumins, globulins, and fibrinogen), clotting factors, hormones, and electrolytes. Plasma maintains the blood pressure and helps in exchange of important minerals such as sodium and potassium to maintain the pH balance in the body. Plasma derivatives are products that are manufactured from human plasma by plasma fractionation techniques. These derivatives include albumin, factor…
Holter ECG Monitoring Market Growing $418.3 Million By 2023
Holter monitors are devices that allow prolonged monitoring of heart rhythm from a few days to several months, enabling the detection of infrequent arrhythmias in patients. In addition, holter monitors help identify ventricular tachycardia (VT) in patients with recognized risk of sudden cardiac death. Portability of holter monitors significantly propel the market growth as they can be easily worn by the patients to record heart activity for a certain period…
Intermittent Catheters Market Reach $2,950.7 Million By 2023
The global intermittent catheters market was valued at $1,655.5 million in 2016, and is expected to reach $2,950.7 million by 2023 with a CAGR of 8.7% during the forecast period. Intermittent catheter is a disposable medical device, which is used to drain the urinary bladder when an individual is unable to do it naturally. Intermittent catheter consists of a drainage bag that assists to capture the urine. These catheters are…
Continuous Glucose Monitoring Systems Market Registering A CAGR Of 22.9% By 2024
Continuous glucose monitoring (CGM) is one of the latest technological advancements in the field of diabetes management. CGM system is a type of glucose monitoring device that functions by inserting a biosensor through transcutaneous or subcutaneous route. The embedded sensor measures the glucose levels in interstitial fluid or blood, and transmits the information using a transmitter to a receiver/monitor for displaying the results. These systems play an integral role in…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
