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Sensors and Monitors Market for Commercial Vehicle Fleet Management - A Global and Regional Analysis: Focus on Application, and Country-Wise Analysis - Analysis and Forecast, 2024-2032

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from $3,250 134 Pages BIS Research October, 2024 BIS19227046
Best Price Guarantee
Price from $3,250
Length 134 Pages
Publisher BIS Research
Published Date October, 2024
SKU BIS19227046

Sensors and Monitors Market for Commercial Vehicle Fleet Management - A Global and Regional Analysis: Focus on Application, and Country-Wise Analysis - Analysis and Forecast, 2024-2032


Sensors and Monitors Market for Commercial Vehicle Fleet Management Overview

The global sensors and monitors market for commercial vehicle fleet management is projected to reach $2.72 billion by 2032 from $1.19 billion in 2023, growing at a CAGR of 9.27% during the forecast period 2024-2032.

The global sensors and monitors market for commercial vehicle fleet management is expanding rapidly due to several driving factors. One primary reason is the increasing emphasis on safety and regulatory compliance across the transportation and logistics sectors. Sensors and monitors play a crucial role in enhancing vehicle safety by providing real-time data on critical parameters such as tire pressure, engine health, fuel levels, and driver behavior. This data enables fleet managers to proactively address potential issues, prevent accidents, and ensure adherence to safety standards. Furthermore, the advent of IoT and connected vehicle technologies has significantly advanced the capabilities of sensors and monitors, allowing for seamless integration and improved data accuracy. The push for greater operational efficiency and cost savings is also fueling market growth, as these devices help optimize maintenance schedules, reduce fuel consumption, and enhance route planning. Additionally, environmental sustainability concerns are prompting companies to adopt sensors and monitors to monitor and reduce their carbon footprint by minimizing idle time and optimizing vehicle performance. The growing popularity of electric and autonomous vehicles, which rely heavily on sophisticated sensor technology, is another contributing factor. As businesses increasingly recognize the value of data-driven decision-making and predictive maintenance, the demand for advanced sensors and monitoring solutions in fleet management continues to surge globally.

Market Segmentation

Segmentation 1: by Application

Food and Beverage
Grocery
Agriculture
Construction
Transportation
Logistics
Pharmaceutical
Retail
Mining
Automotive
Manufacturing
Post and Parcel
Petrochemical
Waste Management
Urban/Public Transport
Defense
Utilities
Others

Segmentation 2: by Region

North America
Europe
Asia-Pacific
Middle East
Africa
Latin America

Demand – Drivers and Challenges

The following are the demand drivers for the global sensors and monitors market for commercial vehicle fleet management:

Operational Efficiency
Safety and Compliance
Regulatory Pressure

The market is expected to face some limitations as well due to the following challenges:

Integration Complexity
Data Security and Privacy Concerns

Key Market Players and Competition Synopsis

The companies that are profiled in the sensors and monitors market for commercial vehicle fleet management have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.

Some of the prominent names in this market are:

Blue Ink Technology
EROAD Inc.
E-Drive Technology

Key Questions Answered in this Report

What is the estimated global market size for the global sensors and monitors market for commercial vehicle fleet management?
Who are the primary players in the global sensors and monitors market for commercial vehicle fleet management?
What are the different products of sensors and monitors market for commercial vehicle fleet management?
Which geographical area holds the largest market share in the global sensors and monitors market for commercial vehicle fleet management?
What are the primary factors driving growth in the global sensors and monitors market for commercial vehicle fleet management?

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Executive Summary
Scope and Definition
1 Markets
1.1 Key Findings
1.2 Regulatory Landscape
1.3 Trends: Current and Future Impact Analysis
1.3.1 Integration of Advanced Sensor Technologies
1.3.2 Integration of Health Monitoring Sensors for Driver Wellness
2 Regions
2.1 Regional Summary
2.2 North America
2.2.1 U.S.
2.2.1.1 Sensors and Monitors
2.2.1.1.1 Customer Demand Trends and Evolution
2.2.2 Canada
2.2.2.1 Sensors and Monitors
2.2.2.1.1 Customer Demand Trends and Evolution
2.2.3 Mexico
2.2.3.1 Sensors and Monitors
2.2.3.1.1 Customer Demand Trends and Evolution
2.3 Europe
2.3.1 U.K.
2.3.1.1 Sensors and Monitors
2.3.1.1.1 Customer Demand Trends and Evolution
2.3.2 France
2.3.2.1 Sensors and Monitors
2.3.2.1.1 Customer Demand Trends and Evolution
2.3.3 Ireland
2.3.3.1 Sensors and Monitors
2.3.3.1.1 Customer Demand Trends and Evolution
2.3.4 Spain
2.3.4.1 Sensors and Monitors
2.3.4.1.1 Customer Demand Trends and Evolution
2.3.5 Italy
2.3.5.1 Sensors and Monitors
2.3.5.1.1 Customer Demand Trends and Evolution
2.3.6 Scandinavia
2.3.6.1 Sensors and Monitors
2.3.6.1.1 Customer Demand Trends and Evolution
2.3.7 Benelux
2.3.7.1 Sensors and Monitors
2.3.7.1.1 Customer Demand Trends and Evolution
2.3.8 Poland
2.3.8.1 Sensors and Monitors
2.3.8.1.1 Customer Demand Trends and Evolution
2.3.9 DACH
2.3.9.1 Sensors and Monitors
2.3.9.1.1 Customer Demand Trends and Evolution
2.3.10 Portugal
2.3.10.1 Sensors and Monitors
2.3.10.1.1 Customer Demand Trends and Evolution
2.3.11 Rest-of-Europe
2.3.11.1 Sensors and Monitors
2.3.11.1.1 Customer Demand Trends and Evolution
2.4 Asia-Pacific
2.4.1 China
2.4.1.1 Sensors and Monitors
2.4.1.1.1 Customer Demand Trends and Evolution
2.4.2 Australia
2.4.2.1 Sensors and Monitors
2.4.2.1.1 Customer Demand Trends and Evolution
2.4.3 India
2.4.3.1 Sensors and Monitors
2.4.3.1.1 Customer Demand Trends and Evolution
2.4.4 New Zealand
2.4.4.1 Sensors and Monitors
2.4.4.1.1 Customer Demand Trends and Evolution
2.4.5 Rest-of-Asia-Pacific
2.4.5.1 Sensors and Monitors
2.4.5.1.1 Customer Demand Trends and Evolution
2.5 Middle East
2.5.1.1 Sensors and Monitors
2.5.1.1.1 Customer Demand Trends and Evolution
2.6 Africa
2.6.1.1 Sensors and Monitors
2.6.1.1.1 Customer Demand Trends and Evolution
2.7 Latin America
2.7.1 Brazil
2.7.1.1 Sensors and Monitors
2.7.1.1.1 Customer Demand Trends and Evolution
2.7.2 Argentina
2.7.2.1 Sensors and Monitors
2.7.2.1.1 Customer Demand Trends and Evolution
2.7.3 Rest-of-Latin America
2.7.3.1 Sensors and Monitors
2.7.3.1.1 Customer Demand Trends and Evolution
3 Markets - Competitive Benchmarking & Company Profiles
3.1 Key Strategies and Developments
3.2 Company Profiles
3.2.1 E-Drive Technology
3.2.1.1 Overview
3.2.1.2 Key Developments
3.2.1.3 Top Products/Product Portfolio
3.2.1.4 Geographical Presence
3.2.1.5 Business and Operating Model Analysis
3.2.1.6 Company Financials
3.2.1.7 Analyst View
3.2.2 Blue Ink Technology
3.2.2.1 Overview
3.2.2.2 Key Developments
3.2.2.3 Top Products/Product Portfolio
3.2.2.4 Geographical Presence
3.2.2.5 Business and Operating Model Analysis
3.2.2.6 Company Financials
3.2.2.7 Analyst View
3.2.3 Pedigree Technologies
3.2.3.1 Overview
3.2.3.2 Key Developments
3.2.3.3 Top Products/Product Portfolio
3.2.3.4 Geographical Presence
3.2.3.5 Business and Operating Model Analysis
3.2.3.6 Company Financials
3.2.3.7 Analyst View
3.2.4 Ruptela
3.2.4.1 Overview
3.2.4.2 Key Developments
3.2.4.3 Top Products/Product Portfolio
3.2.4.4 Geographical Presence
3.2.4.5 Business and Operating Model Analysis
3.2.4.6 Company Financials
3.2.4.7 Analyst View
3.2.5 EROAD Inc.
3.2.5.1 Overview
3.2.5.2 Key Developments
3.2.5.3 Top Products/Product Portfolio
3.2.5.4 Geographical Presence
3.2.5.5 Business and Operating Model Analysis
3.2.5.6 Company Financials
3.2.5.7 Analyst View
3.2.6 IntelliShift
3.2.6.1 Overview
3.2.6.2 Key Developments
3.2.6.3 Top Products/Product Portfolio
3.2.6.4 Geographical Presence
3.2.6.5 Business and Operating Model Analysis
3.2.6.6 Analyst View
3.2.7 Bridgestone Mobility Solutions B.V.
3.2.7.1 Overview
3.2.7.2 Key Developments
3.2.7.3 Top Products/Product Portfolio
3.2.7.4 Geographical Presence
3.2.7.5 Business and Operating Model Analysis
3.2.7.6 Analyst View
3.2.8 Sensata Technologies, Inc.
3.2.8.1 Overview
3.2.8.2 Key Developments
3.2.8.3 Top Products/Product Portfolio
3.2.8.4 Geographical Presence
3.2.8.5 Business and Operating Model Analysis
3.2.8.6 Company Financials
3.2.8.7 Analyst View
3.2.9 Geotab Inc.
3.2.9.1 Overview
3.2.9.2 Key Developments
3.2.9.3 Top Products/Product Portfolio
3.2.9.4 Geographical Presence
3.2.9.5 Business and Operating Model Analysis
3.2.9.6 Analyst View
3.2.10 Teletrac Navman US Ltd.
3.2.10.1 Overview
3.2.10.2 Key Developments
3.2.10.3 Top Products/Product Portfolio
3.2.10.4 Geographical Presence
3.2.10.5 Business and Operating Model Analysis
3.2.10.6 Analyst View
3.2.11 Trimble Inc.
3.2.11.1 Overview
3.2.11.2 Key Developments
3.2.11.3 Top Products/Product Portfolio
3.2.11.4 Geographical Presence
3.2.11.5 Business and Operating Model Analysis
3.2.11.6 Analyst View
3.2.12 Samsara
3.2.12.1 Overview
3.2.12.2 Key Developments
3.2.12.3 Top Products/Product Portfolio
3.2.12.4 Geographical Presence
3.2.12.5 Business and Operating Model Analysis
3.2.12.6 Analyst View
3.2.13 Omnitracs
3.2.13.1 Overview
3.2.13.2 Key Developments
3.2.13.3 Top Products/Product Portfolio
3.2.13.4 Geographical Presence
3.2.13.5 Business and Operating Model Analysis
3.2.13.6 Analyst View
3.2.14 Fleetly
3.2.14.1 Overview
3.2.14.2 Top Products/Product Portfolio
3.2.14.3 Geographical Presence
3.2.14.4 Business and Operating Model Analysis
3.2.14.5 Analyst View
3.2.15 ORBCOMM
3.2.15.1 Overview
3.2.15.2 Key Developments
3.2.15.3 Top Products/Product Portfolio
3.2.15.4 Geographical Presence
3.2.15.5 Business and Operating Model Analysis
3.2.15.6 Analyst View
4 Research Methodology
4.1 Data Sources
4.1.1 Primary Data Sources
4.1.2 Secondary Data Sources
4.1.3 Data Triangulation
4.2 Market Estimation and Forecast
List of Figures
Figure 1: Global Sensors and Monitors Market for Commercial Vehicle Fleet Management, 2023-2032
Figure 2: Market Dynamics for Global Sensors and Monitors Market for Commercial Vehicle Fleet Management
Figure 3: Global Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Industry), $Million, 2023
Figure 4: Global Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Region), 2023 and 2032
Figure 5: Global Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Region), 2023 and 2032
Figure 6: Drivers for the Next Decade
Figure 7: Customer Demand Trends of Sensors and Monitors in U.S.
Figure 8: Customer Demand Trends of Sensors and Monitors in Canada
Figure 9: Customer Demand Trends of Sensors and Monitors in Mexico
Figure 10: Customer Demand Trends of Sensors and Monitors in U.K.
Figure 11: Customer Demand Trends of Sensors and Monitors in France
Figure 12: Customer Demand Trends of Sensors and Monitors in Ireland
Figure 13: Customer Demand Trends of Sensors and Monitors in Spain
Figure 14: Customer Demand Trends of Sensors and Monitors in Italy
Figure 15: Customer Demand Trends of Sensors and Monitors in Scandinavia (Denmark, Norway, Sweden, and Finland)
Figure 16: Customer Demand Trends of Sensors and Monitors in Benelux (Belgium, Netherlands, and Luxembourg)
Figure 17: Customer Demand Trends of Sensors and Monitors in Poland
Figure 18: Customer Demand Trends of Sensors and Monitors in Germany, Austria, and Switzerland (DACH)
Figure 19: Customer Demand Trends of Sensors and Monitors in Portugal
Figure 20: Customer Demand Trends of Sensors and Monitors in Rest-of-Europe
Figure 21: Customer Demand Trends of Sensors and Monitors in China
Figure 22: Customer Demand Trends of Sensors and Monitors in Australia
Figure 23: Customer Demand Trends of Sensors and Monitors in India
Figure 24: Customer Demand Trends of Sensors and Monitors in New Zealand
Figure 25: Customer Demand Trends of Sensors and Monitors in Rest-of-Asia-Pacific
Figure 26: Customer Demand Trends of Sensors and Monitors in Middle East
Figure 27: Customer Demand Trends of Sensors and Monitors in Africa
Figure 28: Customer Demand Trends of Sensors and Monitors in Brazil
Figure 29: Customer Demand Trends of Sensors and Monitors in Argentina
Figure 30: Customer Demand Trends of Sensors and Monitors in Rest-of-Latin America
Figure 31: Data Triangulation
Figure 32: Top-Down and Bottom-Up Approach
Figure 33: Assumptions and Limitations
List of Tables
Table 1: Global Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Region), $Million, 2023-2032
Table 2: Global Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Region), Thousand Units, 2023-2032
Table 3: North America Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Country), $Million, 2023-2032
Table 4: North America Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Country), Thousand Units, 2023-2032
Table 5: U.S. Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 6: Canada Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 7: Mexico Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 8: Europe Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Country), $Million, 2023-2032
Table 9: Europe Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Country), Thousand Units, 2023-2032
Table 10: U.K. Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 11: France Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 12: Ireland Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 13: Spain Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 14: Italy Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 15: Scandinavia Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 16: Benelux Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 17: Poland Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 18: DACH Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 19: Portugal Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 20: Rest-of-Europe Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 21: Asia-Pacific Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Country), $Million, 2024-2032
Table 22: Asia-Pacific Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Country), Million Units, 2024-2032
Table 23: China Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 24: Australia Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 25: India Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 26: New Zealand Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 27: Rest-of-Asia-Pacific Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 28: Middle East Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 29: Africa Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 30: Latin America Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Country), $Million, 2024-2032
Table 31: Latin America Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Country), Thousand Units, 2024-2032
Table 32: Brazil Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 33: Argentina Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 34: Rest-of-Latin America Sensors and Monitors Market for Commercial Vehicle Fleet Management (by Application), $Million, 2023-2032
Table 35: Key Initiatives, 2021-2024

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