U.S. fleet management market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 9.9% in the forecast period of 2022 to 2029 and is expected to reach USD 13,061.39 million by 2029. The increasing growth of infrastructure projects in the region is driving the growth.
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U.S. Fleet Management Market - Scope and Market Size:
U.S. fleet management market is segmented into eleven notable segments based on components, lease type, mode of transport, hardware, fleet size, communication range, deployment, communication type, functions, operations, and end user
· On the basis of components, the U.S. fleet management market is segmented into solutions and services. In 2022, the solutions segment is expected to dominate the market as fleet management systems are associated with numerous solutions that help maintain and improve fleet operations.
· On the basis of lease type, the U.S. fleet management market is segmented into on-lease and without lease. In 2022, on lease segment is expected to dominate the market as the options of services and other repairing issues are availed easily by the enterprises through this segment.
· On the basis of mode of transport, the U.S. fleet management market is segmented into automotive, rolling stock, and marine. In 2022, the automotive segment is expected to dominate the market as businesses and enterprises are solely dependent upon transportation via road in case of import and export.
· On the basis of hardware, the U.S. fleet management market is segmented into tracking, optimization, ADAS, diagnostics, and others. In 2022, the tracking segment is expected to dominate the market as tracking a fleet can provide you with detailed real-time information about the fleets.
· On the basis of fleet size, the U.S. fleet management market is segmented into small fleets (1-5 vehicles), medium fleets (5-20 vehicles), and large and enterprise fleets (20-50+ vehicles). In 2022, the small fleets (1-5 Vehicles) segment is expected to dominate the market as small vehicles are more efficient, faster, and thus better utility vehicles.
· On the basis of communication range, the U.S. fleet management market is segmented into short range communication and long range communication. In 2022, short range communication segment is expected to dominate the market as small magnetic pulses transmit data quickly and efficiently.
U.S. Fleet Management Market - Country Level Analysis:
· The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of U.S. brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.
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Competitive Landscape - U.S. Fleet Management Market
· Some of the major players operating in the U.S. fleet management market are AT&T Intellectual Property, Astrata Group, Omnitracs (Acquired by Solera), Wheels, Inc., Geotab Inc., Verizon, Donlen, Cisco Systems, Inc., CalAmp, Mendix Technology BV, Faststream Technologies, Siemens, IBM Corporation, DENSO CORPORATION, Sierra Wireless, Lytx, Inc., Robert Bosch GmbH, ORBCOMM, ARI Fleet Management Company, Azuga, a Bridgestone Company, Element Fleet Management Corp., Vector Fleet Management, Clovity.com, Continental AG, Transflo, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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MAJOR TOC OF THE REPORT: -
· Chapter One: Introduction
· Chapter Two: Market Segmentation
· Chapter Three: Market Overview
· Chapter Four: Executive Summary
· Chapter Five: Premium Insights
· Chapter Six: U.S. Fleet Management Market Share by Product & Procedure type
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