U.S. Fleet Telematics Systems Market, By Products (Local Fleet Systems, Mobile Devices, Trailer Tacking & Monitoring Systems and Long Haul Fleet Systems) and Geography (NA, EU, APAC, and RoW) Analysis, Share, Trends, Size, & Forecast From 2014 2025
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Report ID
AV284
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Published Date
June 2020
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Pages
99
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Industry
Semiconductor and Electronics
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Base Year
2025
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Historical Data
2019-2024
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Delivery Timeline
24 Hour
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REPORT HIGHLIGHT
The U.S. fleet telematics systems market was valued at USD 2,350 million by 2017, growing with 11% CAGR during the forecast period, 2018-2025
Fleet Telematics Systems industry is rapidly expanding owing to the growing demand from truck transportation coupled with increasing number of mobile internet connections. Transportation companies generally own large fleets of vehicles. These companies look to save money and increase the productivity of their drivers and vehicles by using telematics systems. As a result, when the trucking sector’s revenue increases, it typically means that more carriers can afford to install telematics systems, driving the industry growth significantly. In addition, increasing access of fleet telematics systems on mobile devices, such as smartphones and tablets augment the market demand. Therefore, as the number of mobile internet connections rise, it will become easier for key players with vehicle fleets to use these systems, and demand for fleet telematics on mobile products will grow.
Products Takeaway
In terms of products, the market is categorized as;
- Local fleet systems
- Mobile devices
- Trailer tacking and monitoring systems
- Long haul fleet systems
- Other devices
Local fleet systems accounted for the highest revenue share, over 35% throughout the study period. These devices are installed directly into vehicles, allowing users to monitor things such as driver behavior, route productivity, fuel efficiency and vehicle location. Furthermore, software development has increasingly taken up a larger share of product offering as mobile applications and complex data analysis becomes more popular.
Application Takeaway
In terms of application, the market is categorized as;
- Trucking
- Express and logistic services
- Exports
- Others
Trucking dominates the market for fleet telematics systems, accounting for over 50% revenue share. Most customers in this market are for-hire carriers, but private fleets have become a major users over the past few years. Long-distance freight trucking companies were the first to invest in fleet telematics systems and remain a large market for the systems.
Key Vendors Takeaway
- Trimble Navigation Limited
- Fleetmatics IRL Ltd.
- Geotab
- Donlen Corporation
- ARI Fleet Management
- GPS Insight
- Omnitracs LLC
- Verizon Connect
Trimble Navigation Limited emerged as the major player, capture over 20% industry share. The industry has also begun to rapidly consolidate. Despite the presence of nationwide major players, most of the industry comprises small-scale firms that only serve a small market, based on the functionality of the telematics systems they provide. The struggle to differentiate product offerings, enter new, unsaturated, markets and gain the economies of scale required to bring in and retain clients has incentivized player to merge.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2014 & 2016
- Base Year – 2017
- Estimated Year – 2018
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Government and Regional Agencies
- Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY PRODUCTS
- Local fleet systems
- Mobile devices
- Trailer tacking and monitoring systems
- Long haul fleet systems
- Other devices
MARKET, BY APPLICATION
- Trucking
- Express and logistic services
- Exports
- Others
TABLE OF CONTENT
1. U.S. FLEET TELEMATICS SYSTEMS MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Product
2.1.2. Market Snippet by Application
2.2. Competitive Insights
3. U.S. FLEET TELEMATICS SYSTEMS KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. U.S. FLEET TELEMATICS SYSTEMS INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. U.S. FLEET TELEMATICS SYSTEMS MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. U.S. FLEET TELEMATICS SYSTEMS MARKET – BY PRODUCT
6.1. Overview
6.1.1. Segment Share Analysis, By Product, 2017 & 2025 (%)
6.2. Local Fleet Systems
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Mobile Devices
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. Trailer Tacking and Monitoring Systems
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.5. Long Haul Fleet Systems
6.5.1. Overview
6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.6. Other Products
6.6.1. Overview
6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. U.S. FLEET TELEMATICS SYSTEMS MARKET – BY APPLICATION
7.1. Overview
7.1.1. Segment Share Analysis, By Application, 2017 & 2025 (%)
7.2. Trucking
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Express and logistic services
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Exports
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5. Others
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. KEY VENDOR ANALYSIS
8.1. Trimble Navigation Limited
8.1.1. Company Snapshot
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Initiatives
8.2. Fleetmatics IRL Ltd.
8.2.1. Company Snapshot
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Strategic Initiatives
8.3. Geotab
8.3.1. Company Snapshot
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.3.4. Strategic Initiatives
8.4. Donlen Corporation
8.4.1. Company Snapshot
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Strategic Initiatives
8.5. ARI Fleet Management
8.5.1. Company Snapshot
8.5.2. Financial Performance
8.5.3. Product Benchmarking
8.5.4. Strategic Initiatives
8.6. GPS Insight
8.6.1. Company Snapshot
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. Omnitracs LLC
8.7.1. Company Snapshot
8.7.2. Financial Performance
8.7.3. Product Benchmarking
8.7.4. Strategic Initiatives
8.8. Verizon Connect
8.8.1. Company Snapshot
8.8.2. Financial Performance
8.8.3. Product Benchmarking
8.8.4. Strategic Initiatives
9. 360 DEGREE ANALYSTVIEW
10. APPENDIX
10.1. Research Methodology
10.2. References
10.3. Abbreviations
10.4. Disclaimer
10.5. Contact Us
List of Tables
TABLE List of data Products
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE U.S. Fleet Telematics Systems market: Product snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Product
TABLE U.S. Fleet Telematics Systems market, by Product, 2014-2025 (USD Million)
TABLE U.S. Fleet Telematics Systems market: application snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by application
TABLE U.S. Fleet Telematics Systems market, by application 2014-2025 (USD Million)
List of Figures
FIGURE U.S. Fleet Telematics Systems market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE Competitive Landscape; Key company market share analysis, 2018
FIGURE Product segment market share analysis, 2017 & 2025
FIGURE Product segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Local fleet systems market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Mobile devices market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Trailer tacking and monitoring systems market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Long haul fleet systems market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Others market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Application segment market share analysis, 2017 & 2025
FIGURE Application segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Trucking market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Express and logistic services market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Exports market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Others market size forecast and trend analysis, 2014 to 2025 (USD Million)
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