U.K. 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 9.6% in the forecast period of 2022 to 2029 and is expected to reach USD 5,272.17 million by 2029. The increasing growth of infrastructure projects in the region is driving the growth.

 

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U.K. Fleet Management Market - Scope and Market Size:

U.K. 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.K. fleet management market is segmented into solutions and services. In 2022, the solutions segment is expected to dominate the market as passive U.K. fleet management provides comprehensive solutions for the management of fleets such as car wash, fuel issues, tracking systems, and many more.
  • On the basis of lease type, the U.K. fleet management market is segmented into on-lease and without lease. In 2022, on lease segment is expected to dominate the market because it becomes easier for the companies to operate the fleet management services.
  • On the basis of mode of transport, the U.K. fleet management market is segmented into automotive, rolling stock, and marine. In 2022, the automotive segment is expected to dominate the market as a maximum of the fleet management scenarios are offered in the automotive section or on-road vehicles.
  • On the basis of hardware, the U.K. fleet management market is segmented into tracking, optimization, ADAS, diagnostics, and others. In 2022, the tracking segment is expected to dominate the market as it gives the perfect analysis of where the fleets are and how they are performing.
  • On the basis of fleet size, the U.K. fleet management market is segmented into small fleets (1-5 vehicles), medium fleets (5-20 vehicles), and large & enterprise fleets (20-50+ vehicles). In 2022, the small fleets (1-5 Vehicles) segment is expected to dominate the market because of its cost-efficiency.
  • On the basis of communication range, the U.K. 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 short range magnetic signals are easily detected and are associated with less amount of external noises.
  • On the basis of deployment, the U.K. fleet management market is segmented into on premise, cloud, and hybrid. In 2022, the On-premise segment is expected to dominate the market as it is important to access the in-transit fleets with full visibility.
  • On the basis of communication type, the U.K. fleet management market is segmented into GNSS, cellular systems, and others. In 2022, the GNSS segment is expected to dominate the market as it reduces costs.

U.K. Fleet Management Market - Country Level Analysis:

U.K. fleet management market is analysed and market size information is provided by country, components, lease type, mode of transport, hardware, fleet size, communication range, deployment, communication type, functions, operations, and end user.

  • The excessive rise in the fuel economy is expected to majorly boost the market in this region.
  • 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.K. 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.K. Fleet Management Market 

Some of the major players operating in the U.K. Fleet Management market are AT&T Intellectual Property, Ctrack (Powered by Inseego Corp.), Astrata Group, Omnitracs (Acquired by Solera), Tom Tom International BV, Wheels, Inc., Geotab Inc., Verizon, Cisco Systems, Inc., Siemens, IBM Corporation, DENSO CORPORATION, Sierra Wireless, CalAmp, Lytx, Inc., Robert Bosch GmbH, ORBCOMM, ARI Fleet Management Company, Azuga, a Bridgestone Company, Fleet Alliance, Masternaut Limited, HARMAN International, Continental AG, 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: K. Fleet Management Market Share by Product & Procedure type

Get TOC Details: https://www.databridgemarketresearch.com/toc/?dbmr=us-fleet-management-market

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