Global Commercial Fleet Services Market Growth (Status and Outlook) 2024-2030

Global Commercial Fleet Services Market Growth (Status and Outlook) 2024-2030

A commercial fleet is a group of vehicles that are utilized by a company in order for it to pursue its business objectives. Commercial fleets are made up of fleet vehicles. Fleet vehicles are either owned by the business that operates them or leased from a third-party provider. Any type of vehicle can be a commercial fleet vehicle including trucks, cars, buses, vans, and SUVs to name just a few. When you have a unified and coordinated policy for dealing with all fleet vehicles, you will invariably spend less money on repairs and maintenance, as well as operating costs and fuel acquisition.

The global Commercial Fleet Services market size is projected to grow from US$ 6660 million in 2024 to US$ 9968 million in 2030; it is expected to grow at a CAGR of 7.0% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Commercial Fleet Services Industry Forecast” looks at past sales and reviews total world Commercial Fleet Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Commercial Fleet Services sales for 2023 through 2029. With Commercial Fleet Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial Fleet Services industry.

This Insight Report provides a comprehensive analysis of the global Commercial Fleet Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Commercial Fleet Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Commercial Fleet Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial Fleet Services and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial Fleet Services.

The Global key players of Commercial Fleet Services include Cox Automotive, Ford, Zenith, etc. The top three players hold a share about 26%. Europe is the largest market, and has a share about 28%. In terms of product type, Maintenance and Repair is the largest segment, which occupied for a share of about 51%. For application, Transport and Logistics is the largest segment, which has a share about 42%.

This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Fleet Services market by product type, application, key players and key regions and countries.

Segmentation by Type:
Maintenance and Repair
Inspection and MOT Preparation
Financing and Acquisition
Others

Segmentation by Application:
Transport and Logistics
Public Sector
Commercial
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Maintenance and Repair
Inspection and MOT Preparation
Financing and Acquisition
Others

Segmentation by Application:
Transport and Logistics
Public Sector
Commercial
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cox Automotive
Ford
Zenith
Go Plant Fleet Services
Vector Fleet Management
Big Brand
Epika Fleet Services
Bona Bros
CLM
Ayvens (LeasePlan)
Wheels
Holman (formerly ARI Fleet)
Element
EQSTRA
Marshall Fleet Solutions
Premier Logistics
Enterprise Fleet Management

Please note: The report will take approximately 2 business days to prepare and deliver.