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Commercial Vehicle Fleet Management Market for Construction Industry - A Global and Regional Analysis: Focus on Product, and Country-Wise Analysis - Analysis and Forecast, 2024-2032

Publisher BIS Research
Published Oct 24, 2024
Length 127 Pages
SKU # BIS19209005

Description

Commercial Vehicle Fleet Management Market for Construction Industry - A Global and Regional Analysis: Focus on Product, and Country-Wise Analysis - Analysis and Forecast, 2024-2032


Commercial Vehicle Fleet Management Market for Construction Industry Overview

The global commercial vehicle fleet management market for construction industry is projected to reach $7.35 billion by 2032 from $3.36 billion in 2023, growing at a CAGR of 8.77% during the forecast period 2024-2032.

The demand for commercial vehicle fleet management solutions in the construction industry is growing due to the need for improved operational efficiency, cost control, and equipment utilization. Construction projects often involve large fleets of diverse vehicles and heavy machinery, which require meticulous management to avoid delays and cost overruns. Fleet management solutions provide real-time tracking and monitoring of equipment, ensuring optimal utilization and timely maintenance, which reduces downtime and extends the lifespan of assets. These systems also enhance safety by monitoring operator behavior and vehicle conditions, preventing accidents, and ensuring compliance with safety regulations. Additionally, the ability to generate detailed reports on fuel consumption, idle times, and overall fleet performance allows construction companies to identify inefficiencies and implement cost-saving measures. As construction projects become more complex and deadlines tighter, the adoption of fleet management solutions is crucial for maintaining productivity and profitability in the industry.

Market Segmentation:

Segmentation 1: by Product

Hardware
Software
Services

Segmentation 2: by Region

North America
Europe
Asia-Pacific
Middle East
Africa
Latin America

Demand – Drivers and Challenges

The following are the demand drivers for the global commercial vehicle fleet management market for construction industry:

Technological Integration
Enhanced Safety Protocols
Insurance and Risk Management

The market is expected to face some limitations as well due to the following challenges:

Complex Site Conditions
Seasonal Fluctuations

Key Market Players and Competition Synopsis

The companies that are profiled in the commercial vehicle fleet management market for construction industry have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.

Some of the prominent names in this market are:

Omnitracs
EROAD Inc.
Linxup

Key Questions Answered in this Report:

What is the estimated global market size for the global commercial vehicle fleet management market for construction industry?
Who are the primary players in the global commercial vehicle fleet management market for construction industry?
What are the different products of commercial vehicle fleet management market for construction industry the market?
Which geographical area holds the largest market share in the global commercial vehicle fleet management market for construction industry?
What are the primary factors driving growth in the global commercial vehicle fleet management market for construction industry?

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Table of Contents

127 Pages
Executive Summary
Scope and Definition
1 Markets
1.1 Key Findings
1.2 Trends: Current and Future Impact Analysis
1.2.1 Digital Transformation within Automotive Industry Up the Ante for Fleet Management Solutions
1.2.2 Growing Market for EV-Based Fleet Management
1.2.3 Decreasing Cost of Technology Making Fleet Management Solutions Affordable
1.3 Regulatory Landscape
2 Regions
2.1 Regional Summary
2.2 North America
2.2.1 U.S.
2.2.2 Canada
2.2.3 Mexico
2.3 Europe
2.3.1 U.K.
2.3.2 France
2.3.3 Ireland
2.3.4 Spain
2.3.5 Italy
2.3.6 Scandinavia
2.3.7 Benelux
2.3.8 Poland
2.3.9 DACH
2.3.10 Portugal
2.3.11 Rest-of-Europe
2.4 Asia-Pacific
2.4.1 China
2.4.2 Australia
2.4.3 India
2.4.4 New Zealand
2.4.5 Rest-of-Asia-Pacific
2.5 Middle East
2.6 Africa
2.7 Latin America
2.7.1 Brazil
2.7.2 Argentina
2.7.3 Rest-of-Latin America
3 Markets - Competitive Benchmarking & Company Profiles
3.1 Key Strategies and Developments
3.2 Company Profiles
3.3 Element Fleet Management Corp
3.4 EROAD Inc.
3.5 Rarestep, Inc.
3.6 FleetUp
3.7 Geotab Inc.
3.8 Linxup
3.9 Merchants Fleet
3.1 Motive Technologies, Inc.
3.11 Omnitracs
3.12 ORBCOMM
3.13 PowerFleet, Inc.
3.14 Quartix Inc
3.15 Samsara Inc.
3.16 Trimble Inc.
3.17 Verizon Connect
4 Research Methodology
4.1 Data Sources
4.1.1 Primary Data Sources
4.1.2 Secondary Data Sources
4.1.3 Data Triangulation
4.2 Market Estimation and Forecast
List of Figures
Figure 1: Global Commercial Vehicle Fleet Management Market for Construction Industry, 2023-2032
Figure 2: Market Dynamics for Global Commercial Vehicle Fleet Management Market for Construction Industry
Figure 3: Global Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023
Figure 4: Global Commercial Vehicle Fleet Management Market for Construction Industry (by Region), 2023 and 2032
Figure 5: Global Commercial Vehicle Fleet Management Market for Construction Industry (by Region), 2023 and 2032
Figure 6: Scenarios for the Next Decade
Figure 7: U.K. Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Figure 8: France Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Figure 9: Ireland Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Figure 10: Spain Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Figure 11: Italy Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Figure 12: Scandinavia Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Figure 13: Poland Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Figure 14: DACH Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Figure 15: Portugal Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Figure 16: Rest-of-Europe Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Figure 17: China Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Figure 18: Australia Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Figure 19: India Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Figure 20: New Zealand Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Figure 21: Rest-of-Asia-Pacific Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Figure 22: Middle East Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Figure 23: Africa Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Figure 24: Brazil Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Figure 25: Argentina Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Figure 26: Rest-of-Latin America Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Figure 27: Data Triangulation
Figure 28: Top-Down and Bottom-Up Approach
Figure 29: Assumptions and Limitations
List of Tables
Table 1: Commercial Vehicle Fleet Management Market for Construction Industry (by Region), $Million, 2023-2032
Table 2: Commercial Vehicle Fleet Management Market for Construction Industry (by Region), Million Units, 2023-2032
Table 3: North America Commercial Vehicle Fleet Management Market for Construction Industry (by Country), $Million, 2024-2032
Table 4: North America Commercial Vehicle Fleet Management Market for Construction Industry (by Country), Million Units, 2024-2032
Table 5: U.S. Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Table 6: Canada Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Table 7: Mexico Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Table 8: Europe Commercial Vehicle Fleet Management Market for Construction Industry (by Country), $Million, 2023-2032
Table 9: Europe Commercial Vehicle Fleet Management Market for Construction Industry (by Country), Million Units, 2023-2032
Table 10: Scandinavia Commercial Vehicle Fleet Management Market for Construction Industry (by Product), $Million, 2023-2032
Table 11: Asia-Pacific Commercial Vehicle Fleet Management Market for Construction Industry (by Country), $Million, 2024-2032
Table 12: Asia-Pacific Fleet Management for Transportation Industry (by Country), Million Units, 2024-2032
Table 13: Latin America Commercial Vehicle Fleet Management Market for Construction Industry (by Country), $Million, 2024-2032
Table 14: Latin America Commercial Vehicle Fleet Management Market for Construction Industry (by Country), Million Units, 2024-2032
Table 15: Key Initiatives, 2021-2024

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