Fleet Management in the Americas - 7th Edition - Installed Base of FM Systems in the Americas Will Exceed 18 Million Units by 2021 - Research and Markets

DUBLIN--()--The "Fleet Management in the Americas - 7th Edition" report has been added to Research and Markets' offering.

Commercial vehicle fleets play an essential role in the economy in both North and Latin America. In North America, there are approximately 14.4 million GVW 3-8 commercial vehicles in use. Around 18 million lighter vehicles including GVW 1-2 vehicles and cars with no GVW are also used by enterprises or public entities. In Latin America, the number of commercial vehicles in operation is estimated to 26.7 million, out of which 5.9 million are heavy trucks and 20.8 million are light commercial vehicles.

The report is of the opinion that the market for fleet management in the Americas is in a growth period which will continue in the years to come. The advanced North American market will remain on a growth track, not the least driven by regulatory developments such as the ELD mandate. Latin America has traditionally presented a very different scenario, often requiring an educational process in order to extend the perception of fleet management beyond security-related aspects. The Latin American fleet owners have however also started to embrace functionality for optimisation of fleet operations to an increasing extent.

It expects the FM market to continue to show healthy growth in 2017-2021. In North America, the number of systems in active use is forecasted to grow at a compound annual growth rate (CAGR) of 15.0 percent from 6.7 million units in 2016 to 13.5 million units by 2021. The penetration rate in the total population of non-privately owned commercial vehicles is estimated to increase from 22.9 percent in 2016 to 41.7 percent in 2021.

Companies Mentioned

  • Autotrac
  • Azuga
  • BSM Technologies
  • Blue Tree Systems
  • CalAmp
  • CarrierWeb
  • Certified Tracking Solutions
  • Copiloto Satelital (Michelin)
  • Coretex
  • Ctrack
  • CyntrX
  • Daimler Group
  • Donlen
  • Encontrack
  • FieldLogix
  • FleTrack
  • Fleet Complete
  • Fleet Freedom
  • Fleetilla
  • Fleetmatics (Verizon)
  • (50+ Others)

Key Topics Covered:

Executive summary

1 Commercial vehicle fleets in the Americas

2 Fleet management solutions

3 Market forecasts and trends

4 OEM products and strategies

5 International aftermarket solution providers

6 Regional aftermarket solution providers

For more information about this report visit https://www.researchandmarkets.com/research/rcmx4g/fleet_management

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Car Fleet

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Car Fleet