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Fleet Telematics Systems - Industry Market Research Report

  • February 2016
  • -
  • Ibisworld
  • -
  • 33 pages

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Strong connection: Growth in the trucking sector and volatile fuel prices will foster industry growth



Abstract

Fleet Telematics Systems

The Fleet Telematics Systems industry performed exceptionally well over the past five years, as the proliferation of industry products increased. Nevertheless, continued outsourcing of hardware production and saturation in certain markets slightly hindered growth. Over the next five years, the industry is expected to continue its rapid growth. Greater use of mobile devices with internet connections, increasing regulations and new markets are projected to spur demand. However, imports and strong competition resulting from relatively low barriers to entry will slightly taper industry growth.

This industry manufactures hardware and software for fleet telematics systems. Fleet telematics systems use electronics and GPS to track the location and other characteristics (e.g. mileage or speed) of vehicles in a fleet. This industry includes fleet telematics systems for mobile devices.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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