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What is the total addressable market size for fleet management of vehicles in the US? Specifically, I am looking for a breakdown of what is the market size for fleet management of vehicles that are: 1) not actively managed, 2) managed but not with telematics or other OBD hardware (add in this category smart phone tracked fleets but separate $ amounts and figures), and 3) what percentage of the market is managed with telematics/OBD hardware. Looking for market size for each category by $ and number of cars nationwide.
While there is no preexisting information to fully answer your question, I've used the available data to pull together key findings: The global fleet management market is expected to grow from $12.08 billion in 2016 to $26.88 billion by 2022. Additionally, fleet management associations exist to support fleet managers and create networks for the exchange of information and education.
Below you'll find an outline of our research methodology to better understand why information you've requested is publicly unavailable, as well as a deep dive into our findings.
METHODOLOGY
An extensive search of market reporting sites and industry reports revealed that no direct numbers about market share in the US are publicly available. The only numbers that could be located were global market share and growth numbers.
Since market and industry reports proved fruitless, I turned to media reports, and again, found no data.
It is important to note that market research reports contain data specifically relating to market sizing, growth rates, market trends, and forecasts for growth, among many other data points. The most recent report from Markets and Markets, can be purchased here. Additionally, reports are available from sites such as Automotive News which detail fleet vehicle sales and can be purchased here.
HELPFUL FINDINGS
Global Market Share:
According to the Markets and Markets report summary: "The fleet management market is expected to grow from USD 12.08 Billion in 2016 to USD 28.66 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 15.8%." And North America is expected to hold a "large share" of that market.
Fleet Management Associations:
According to the NAFA Fleet Management association, their members are responsible for more than 4.6 million vehicles. This number includes an "excess of 1.6 million trucks." North American members manage more than 600,000 medium- and heavy-duty trucks, which total more than "$30 billion dollars in assets" for this subset alone.
NAFA members manage 3 million "more traditional" fleet vehicles like "passenger cars, vans, and SUVs," which "account for $55 billion dollars in assets." Additionally, member vehicles include: "180,000 police sedans; 43,000-plus emergency vehicles; and 460,000 pieces of specialty equipment used by public service fleets, as well as commercial ones!"
AFLA strives to bring unity to the fleet management industry by creating a "networking forum for fleet buyers and sellers to exchange reliable industry information or education."
Fleet Management Systems:
According to Statista, the number of fleet management systems in active use in North America will grow from 5.8 million units in 2015 to around 12.7 million units in 2020.
Additionally, there are around 1,600 telematics vendors in the United States, which serve nearly 800 fleet management companies by "offer[ing] the same solution at different prices."
CONCLUSION
Despite the limitations of market research for fleet management, we were able to locate information on fleet management associations like NAFA and AFLA. Also, there are about 1,600 telematics vendors serving 800 fleet management companies in the US.
If you would like to purchase the Markets and Markets fleet management market report, please click here.