Asia Pacific Fleet Management Market By Type (Solution - Asset Management, Operation Management, Driver Management; Services - After Sales, Others), Vehicle Type (Railway, Heavy Commercial Vehicle, Light Commercial Vehicle, Aircraft), Communication Technology (GNSS, Cellular System), Vertical (Transportation & Logistics, Government, Automotive, Retail)
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Market Report Description
The Asia Pacific Fleet Management Market would witness market growth of 19.9% CAGR during the forecast period (2017 - 2023). Rapid urbanization, effective communication network, adoption of high-tech software, the rise in adoption of wireless technology, favorable government policies toward fleet tracking & maintenance, and growing concerns over the safety of fleet & driver are the factors that drive the growth of the fleet management market.
A significant rise in air traffic, growing market for international trades of goods & services, rapidly growing developing economies, and infrastructure development are the factors that would additionally add to the market potential during the forecast period. Based on Types, the market report segments the market into Solution and Service. Solutions Type includes Asset Management Solution, Operation Management Solution, and Driver Management Solution.
Service Type includes After Sales and Other Services. Based on Vehicle Type, the Asia Pacific Fleet Management market segments the market into Railway, Heavy Commercial Vehicle, Light Commercial Vehicle, Aircraft, and Others. Based on Communication Technology, the market report segments the market into GNSS (Satellite) and Cellular System.
Based on Verticals, the market report segments the market into Transportation & Logistics, Government, Automotive, Retail, and Others. Based on Countries, the Asia Pacific Fleet Management market segments the market into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the competition analysis of key stakeholders of the Asia Pacific Fleet Management Market. Key companies profiled in the report include AT&T, Inc., The Hertz Corporation (Donlen Corporation), Geotab, LeasePlan Corporation (LeasePlan USA), Masternaut, Omnitracs, Trimble, Inc., Workwave, Wheels, Inc., and TomTom NV (Tomtom Telematics)