The U.K. fleet management market is expected to reach USD 5,909.46 million by 2031 from USD 2,977.92 million in 2023, growing at a CAGR of 9.1% during the forecast period of 2024 to 2031.
Market Segmentation
U.K. Fleet Management Market, By Component (Solutions and Services), Lease Type (On-Lease and Without Lease), Mode of Transport (Automotive, Marine, and Rolling Stock), Hardware (Tracking, Optimization, ADAS, Diagnostics, and Others), Fleet Size ( Small Fleets (1-5 Vehicles), Medium Fleets (5-20 Vehicles), and Large & Enterprise Fleets (20-50+ Vehicles)), Communication Range(Short Range Communication and Long Range Communication), Deployment (On-Premise, Cloud, and Hybrid), Communication Type (GNSS, Cellular Systems, and Others), Functions (Asset Management, Route Management, Fuel Consumption, Real Time Vehicle Location, Delivery Schedule, Accident Prevention, ELD Compliance, Mobile Apps, Monitoring Driver Behaviour, Vehicle Maintenance Updates, Vehicle Maintenance & Diagnostics, and Others), Operations (Commercial and Private), End User (Automotive, Transportation & Logistics, Retail, Manufacturing, Construction, Healthcare, Government, Energy & Utilities, and Others), Country (U.K.) - Industry Trends and Forecast to 2031.
Overview of the U.K. Fleet Management Market Dynamics
- Driver
- Rise in demand for improvement of customer service
- Restraint
- High initial fleet investments
- Opportunity
- Rise in the trend of globalization
Market Players
Some of the key players operating in the U.K. fleet management market are:
- AURELIUS
- Holman Inc.
- Continental AG
- Siemens
- AT&T
- IBM Corporation
- MiX Telematics
- TRAXALL
- Verizon
- Zonar Systems Inc.
- Cisco Systems Inc.
- Robert Bosch UK Holdings Ltd
- FleetCheck Limited
- Alphabet
- Midas FMS
TABLE OF CONTENTS
1 INTRODUCTION 13
- 1.1 OBJECTIVES OF THE STUDY 13
- 1.2 MARKET DEFINITION 13
- 1.3 OVERVIEW OF THE U.K. FLEET MANAGEMENT MARKET 13
- 1.4 LIMITATIONS 15
- 1.5 MARKETS COVERED 15
2 MARKET SEGMENTATION 18
- 2.1 MARKETS COVERED 18
- 2.2 GEOGRAPHICAL SCOPE 20
- 2.3 YEARS CONSIDERED FOR THE STUDY 20
- 2.4 CURRENCY AND PRICING 20
- 2.5 DBMR TRIPOD DATA VALIDATION MODEL 21
- 2.6 DBMR MARKET POSITION GRID 24
- 2.7 VENDOR SHARE ANALYSIS 26
- 2.8 MARKET END-USER COVERAGE GRID 27
- 2.9 MULTIVARIATE MODELLING 28
- 2.10 COMPONENTS TYPE LIFELINE CURVE 28
- 2.11 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 29
- 2.12 SECONDARY SOURCES 30
- 2.13 ASSUMPTIONS 30
3 EXECUTIVE SUMMARY 31
4 PREMIUM INSIGHTS 34
- 4.1 DISRUPTIVE TECHNOLOGIES 35
- 4.1.1 OPEN SOURCE 35
- 4.1.2 ARTIFICIAL INTELLIGENCE 35
- 4.1.3 5G 36
- 4.2 TOP FLEET MANAGEMENT SOFTWARE PROVIDERS 37
- 4.3 TREND FACTORS FOR FLEET MANAGEMENT 37
- 4.4 PRICING ANALYSIS 41
5 MARKET OVERVIEW 43
- 5.1 DRIVERS 45
- 5.1.1 GROWTH OF THE E-COMMERCE INDUSTRY DEVELOPED THE LOGISTIC DEMAND 45
- 5.1.2 RISE IN DEMAND FOR FUEL-ECONOMY MONITORING FLEETS 45
- 5.1.3 RISE IN DEMAND FOR IMPROVEMENT OF CUSTOMER SERVICE 47
- 5.1.4 INCREASE IN DEMAND FOR FULL-SERVICE LEASING 48
- 5.2 RESTRAINTS 49
- 5.2.1 HIGH INITIAL FLEET INVESTMENTS 49
- 5.2.2 IMPROPER GUIDANCE FOR ENABLING THE ROUTES 50
- 5.3 OPPORTUNITIES 51
- 5.3.1 RISE IN THE TREND OF GLOBALIZATION 51
- 5.3.2 RISE IN THE DEMAND FOR UTILITY VEHICLES 51
- 5.3.3 RISE IN PARTNERSHIPS AMONG VARIOUS ORGANIZATIONS 52
- 5.4 CHALLENGES 53
- 5.4.1 ACCUMULATION OF HUGE DATA VOLUME 53
- 5.4.2 RISE IN CYBER THREATS 54
- 5.4.3 SURGING DRIVERS SHORTAGES IN U.K. 55
6 U.K. FLEET MANAGEMENT MARKET, BY COMPONENTS 56
- 6.1 OVERVIEW 57
- 6.2 SOLUTIONS 58
- 6.2.1 MONITOR THE ENTIRE FLEET 59
- 6.2.1.1 GEO-FENCING & TRACKING 59
- 6.2.1.2 REAL TIME CARGO MONITORING 59
- 6.2.1.3 MONITOR THE VEHICLE IDLING TIME 59
- 6.2.2 REAL TIME FLEET VISIBILITY 59
- 6.2.2.1 OPTIMAL REAL TIME ROUTING 60
- 6.2.2.2 SPEED/IDLING REAL TIME FEEDBACK 60
- 6.2.2.3 ENGINE DATA VIA ON-BOARD SENSORS 60
- 6.2.3 FLEET ANALYTICS & REPORTING 60
- 6.2.4 MONITOR DRIVER ACTIVITY 60
- 6.2.4.1 IDENTIFY WHERE THE DRIVERS ARE AT ALL TIMES 61
- 6.2.4.2 ROADSIDE/EMERGENCY ASSISTANCE FOR DRIVERS 61
- 6.2.4.3 MONITORING OF MISUSE (HARD BRAKING) 61
- 6.2.5 OPERATIONS MANAGEMENT 61
- 6.2.6 MORE ACCURATE ETA PREDICTIONS 61
- 6.2.6.1 STREAMLINED ROUTES 61
- 6.2.6.2 DETAILED LOCATION DATA 61
- 6.2.6.3 BREAKDOWN NOTIFICATIONS 62
- 6.2.7 VEHICLE MAINTENANCE & DIAGNOSTICS 62
- 6.2.8 OTHERS 62
- 6.3 SERVICES 62
- 6.3.1 PROFESSIONAL SERVICES 62
- 6.3.1.1 SUPPORT & MAINTENANCE 63
- 6.3.1.2 IMPLEMENTATION 63
- 6.3.1.3 CONSULTING 63
- 6.3.2 MANAGED SERVICES 63
7 U.K. FLEET MANAGEMENT MARKET, BY LEASE TYPE 64
- 7.1 OVERVIEW 65
- 7.2 ON-LEASE 66
- 7.3 WITHOUT LEASE 66
- 7.3.1 OPEN ENDED 66
- 7.3.2 CLOSE ENDED 66
8 U.K. FLEET MANAGEMENT MARKET, BY MODE OF TRANSPORT 67
- 8.1 OVERVIEW 68
- 8.2 AUTOMOTIVE 69
- 8.2.1 CARS 69
- 8.2.2 TRUCKS 69
- 8.2.3 VANS 69
- 8.2.4 TRAILERS 70
- 8.2.5 FORKLIFTS 70
- 8.2.6 SPECIALIST VEHICLES (SUCH AS MOBILE CONSTRUCTION MACHINERY) 70
- 8.3 MARINE 70
- 8.4 ROLLING STOCK 70
9 U.K. FLEET MANAGEMENT MARKET, BY HARDWARE 71
- 9.1 OVERVIEW 72
- 9.2 TRACKING 73
- 9.3 OPTIMIZATION 73
- 9.4 ADAS 73
- 9.5 DIAGNOSTICS 73
- 9.6 OTHERS 73
10 U.K. FLEET MANAGEMENT MARKET, BY FLEET SIZE 74
- 10.1 OVERVIEW 75
- 10.2 SMALL FLEETS (1-5 VEHICLES) 76
- 10.3 MEDIUM FLEETS (5-20 VEHICLES) 76
- 10.4 LARGE & ENTERPRISE FLEETS (20-50+ VEHICLES) 76
11 U.K. FLEET MANAGEMENT MARKET, BY COMMUNICATION RANGE 77
- 11.1 OVERVIEW 78
- 11.2 SHORT RANGE COMMUNICATION 79
- 11.3 LONG RANGE COMMUNICATION 79
12 U.K. FLEET MANAGEMENT MARKET, BY DEPLOYMENT 80
- 12.1 OVERVIEW 81
- 12.2 ON-PREMISE 82
- 12.3 CLOUD 82
- 12.4 HYBRID 82
13 U.K. FLEET MANAGEMENT MARKET, BY COMMUNICATION TYPE 83
- 13.1 OVERVIEW 84
- 13.2 GNSS 85
- 13.3 CELLULAR SYSTEMS 85
- 13.4 OTHERS 85
14 U.K. FLEET MANAGEMENT MARKET, BY FUNCTIONS 86
- 14.1 OVERVIEW 87
- 14.2 ASSET MANAGEMENT 89
- 14.3 ROUTE MANAGEMENT 89
- 14.4 FUEL CONSUMPTION 89
- 14.5 REAL TIME VEHICLE LOCATION 89
- 14.6 DELIVERY SCHEDULE 89
- 14.7 ACCIDENT PREVENTION 90
- 14.8 ELD COMPLIANCE 90
- 14.9 MOBILE APPS 90
- 14.10 MONITORING DRIVER BEHAVIOR 90
- 14.11 VEHICLE MAINTENENCE UPDATES 90
- 14.12 VEHICLE MAINTENANCE & DIAGNOSTICS 90
- 14.13 OTHERS 90
15 U.K. FLEET MANAGEMENT MARKET, BY OPERATIONS 91
- 15.1 OVERVIEW 92
- 15.2 COMMERCIAL 93
- 15.3 PRIVATE 93
16 U.K. FLEET MANAGEMENT MARKET, BY END USER 94
- 16.1 OVERVIEW 95
- 16.2 AUTOMOTIVE 96
- 16.2.1 SOLUTIONS 96
- 16.2.2 SERVICES 96
- 16.3 TRANSPORTATION & LOGISTICS 97
- 16.3.1 SOLUTIONS 97
- 16.3.2 SERVICES 97
- 16.4 RETAIL 97
- 16.4.1 SOLUTIONS 97
- 16.4.2 SERVICES 97
- 16.5 MANUFATURING 98
- 16.5.1 SOLUTIONS 98
- 16.5.2 SERVICES 98
- 16.6 CONSTRUCTION 98
- 16.6.1 SOLUTIONS 98
- 16.6.2 SERVICES 99
- 16.7 HEALTHCARE 99
- 16.7.1 SOLUTIONS 99
- 16.7.2 SERVICES 99
- 16.8 GOVERNMENT 99
- 16.8.1 SOLUTIONS 100
- 16.8.2 SERVICES 100
- 16.9 ENERGY & UTILITIES 100
- 16.9.1 SOLUTIONS 100
- 16.9.2 SERVICES 100
- 16.10 OTHERS 100
17 U.K. FLEET MANAGEMENT MARKET, COMPANY LANDSCAPE 101
- 17.1 COMPANY SHARE ANALYSIS: U.K. 101
18 SWOT ANALYSIS 102
19 COMPANY PROFILE 103
- 19.1 AURELIUS GROUP 103
- 19.1.1 COMPANY SNAPSHOT 103
- 19.1.2 REVENUE ANALYSIS 103
- 19.1.3 SERVICE PORTFOLIO 104
- 19.1.4 RECENT DEVELOPMENTS 104
- 19.2 HOLMAN, INC. 105
- 19.2.1 COMPANY SNAPSHOT 105
- 19.2.2 SOLUTION PORTFOLIO 105
- 19.2.3 RECENT DEVELOPMENTS 106
- 19.3 CONTINENTAL AG 108
- 19.3.1 COMPANY SNAPSHOT 108
- 19.3.2 REVENUE ANALYSIS 108
- 19.3.3 SERVICE PORTFOLIO 109
- 19.3.4 RECENT DEVELOPMENTS 109
- 19.4 SIEMENS 111
- 19.4.1 COMPANY SNAPSHOT 111
- 19.4.2 REVENUE ANALYSIS 111
- 19.4.3 INDUSTRY PORTFOLIO 112
- 19.4.4 RECENT DEVELOPMENTS 112
- 19.5 AT&T INTELLECTUAL PROPERTY 114
- 19.5.1 COMPANY SNAPSHOT 114
- 19.5.2 REVENUE ANALYSIS 114
- 19.5.3 INDUSTRY PORTFOLIO 115
- 19.5.4 RECENT DEVELOPMENTS 116
- 19.6 ALPHABET 118
- 19.6.1 COMPANY SNAPSHOT 118
- 19.6.2 PRODUCT PORTFOLIO 118
- 19.6.3 RECENT DEVELOPMENT 119
- 19.7 CISCO SYSTEMS, INC. 120
- 19.7.1 COMPANY SNAPSHOT 120
- 19.7.2 REVENUE ANALYSIS 120
- 19.7.3 INDUSTRY PORTFOLIO 121
- 19.7.4 RECENT DEVELOPMENTS 121
- 19.8 FLEETCHECK LIMITED 123
- 19.8.1 COMPANY SNAPSHOT 123
- 19.8.2 SOLUTION PORTFOLIO 123
- 19.8.3 RECENT DEVELOPMENTS 124
- 19.9 IBM CORPORATION 126
- 19.9.1 COMPANY SNAPSHOT 126
- 19.9.2 REVENUE ANALYSIS 126
- 19.9.3 SERVICE PORTFOLIO 127
- 19.9.4 RECENT DEVELOPMENTS 127
- 19.10 MIDAS FMS 129
- 19.10.1 COMPANY SNAPSHOT 129
- 19.10.2 SERVICE PORTFOLIO 129
- 19.10.3 RECENT DEVELOPMENT 129
- 19.11 MIX TELEMATICS 130
- 19.11.1 COMPANY SNAPSHOT 130
- 19.11.2 REVENUE ANALYSIS 130
- 19.11.3 SERVICE PORTFOLIO 131
- 19.11.4 RECENT DEVELOPMENTS 131
- 19.12 ROBERT BOSCH GMBH 133
- 19.12.1 COMPANY SNAPSHOT 133
- 19.12.2 REVENUE ANALYSIS 133
- 19.12.3 SOLUTION PORTFOLIO 134
- 19.12.4 RECENT DEVELOPMENT 134
- 19.13 TRAXALL 136
- 19.13.1 COMPANY SNAPSHOT 136
- 19.13.2 SERVICE PORTFOLIO 136
- 19.13.3 RECENT DEVELOPMENTS 137
- 19.14 VERIZON 138
- 19.14.1 COMPANY SNAPSHOT 138
- 19.14.2 REVENUE ANALYSIS 138
- 19.14.3 PRODUCT PORTFOLIO 139
- 19.14.4 RECENT DEVELOPMENTS 143
- 19.15 ZONAR SYSTEMS, INC. 145
- 19.15.1 COMPANY SNAPSHOT 145
- 19.15.2 SOLUTIONS PORTFOLIO 145
- 19.15.3 RECENT DEVELOPMENTS 146
20 OTHER NOTABLE PLAYERS (MARKET DISRUPTORS) IN THE MARKET 148
21 QUESTIONNAIRE 149
22 RELATED REPORTS 154