India Fleet Management Systems Market Outlook to 2025: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The report titled “India Fleet Management Systems Market Outlook to 2025- Driven by Introduction of AIS 140 Standards, Increase in use of Artificial Intelligence and Fleet Size” provides a comprehensive analysis of the Fleet Management Market in India. The report explains the pain points and need for Fleet Management Systems along with Target addressable market and a detailed analysis of Supply and Demand & the logistics market. It also includes Aggregator Landscape (Digital Freight forwarding), in depth competitive analysis, cross comparison between major companies and company profiles. It concludes with future scope and potential in the market along with key recommendations. Market Overview The Overall Fleet Management Industry is at a nascent stage, with ~ 95% of the market yet to be tapped. The market is extremely price sensitive with 80% of the hardware imported from China with very few companies in India that manufactures their own hardware. Increasing sales of Commercial Vehicles and Introduction of AIS 140 standards along with growing use of technology is driving the Fleet Management Market currently. Supply Analysis The market being price sensitive is extremely competitive with technology being the main differentiator between the companies. Increase in use of Artificial Intelligence along with use of Big Data and Predictive Analytics is set to dominate the market. Lack of Proper Infrastructure, poor regulations and price sensitive mindset of fleet owners are the main barriers to entry for the companies in this industry. Demand Analysis The market has been growing at a double digit CAGR for the past 5 years. Increased consumerism due to explosive E Commerce growth has made Transport & Logistics Sector the Fastest Growing Industry, Followed by the Oil & Gas sector which are the major users of Telematics and Fleet Management Solutions. Government Regulations plays an increasing Telematics penetration in the country however regulations without proper implementation are rendering these regulations ineffective. Market Segmentation The market is dominated by entry level products, with large fleet owners/operators demanding the most. Mining, Oil & Gas, State Transportation, Logistics and Transportation, FMCG and Retail are the major end users of Telematics and Fleet Management Systems. Most of the hardware is imported from china, which is cheaper than hardware manufactured in India. Embedded Solutions dominate the market since they are more reliable and stable, with lesser chances to tamper the device, but the use of portable solutions are growing in the past 5 years. By Hardware and Software Hardware is the nucleus of the entire ecosystem. Reliability and stability of Hardware is necessary for building a quality Fleet Management Solution. In India most of the hardware products are imported from China, while other import regions are Lithuania and Israel with very few manufacturing in the country. By Type of Services In India, the regulatory environment is not reliable and for Vehicle Insurance claims the fleet analytics often goes unchecked unless the value of the shipment is higher. By Software Solutions The market is dominated by Vehicle Tracking Solutions, since most of the customers just use it as a service to keep track of the vehicle and to avoid vehicle theft. Advance level packages are used limitedly in the overall market. After Vehicle Tracking Solutions, solutions with fuel monitoring are preferred the most. Government Regulations In 2018, AIS 140 Standards was introduced with a focus on increased safety and security of passengers and vehicles. Published by Automotive Research Association of India, AIS 140 mandates a vehicle Tracking Device and one or more emergency buttons must be installed in all existing and new public service (State Transportation Busses) and Commercial Vehicles. As the market is set to grow at a healthy rate in the future, there is a need for a formal association for Fleet Management to exist to help in guiding and implement the policies and guidelines effectively. Competitive Landscape The Fleet Management System in India is at a nascent stage with overall penetration about 5%, thereby leaving a huge scope of untapped market. The Competition is extremely fragmented if we consider track n trace solutions, but for complete fleet management solutions, the competition is concentrated with very few companies manufacturing their own hardware and offering advanced analytics for Fleet Management. The major players in this industry are iTrangle Infotech, Minda iConnect, Intangles, LocoNav, FleetX, LogiNext and Trimble Navigation. Future Outlook and Projection Companies would be looking further to expand their geographical presence outside India preferably to South East Asia and the United States. Although Heavy Commercial vehicles demand fleet management systems the most, there is going to be an increase in the use of Telematics and Fleet Management Systems in Two Wheelers (Bikes). Two wheeler manufactures are looking to integrate navigation and track n trace software’s in bikes to help in maintaining and offering assistance to the owners. The demand is expected to grow at a CAGR of over 20% in the next few years majorly driven by AIS 140 Standards, Growing E Commerce Market and optimization of Supply Chain along with increase in use of Artificial Intelligence and Big Data Analytics. Key Segments Covered:- By Hardware and Software By Solutions Vehicle Tracking Fuel Monitoring Driver Management Vehicle Health Monitoring By Type of Commercial Vehicles LCV MCV HCV By Type of Transport Vehicles LMV Freight LMV Passenger Trucks Taxis Buses Other Vehicles By Type of Services After Sales Service Claim Inspection Service Other Services By Solution Type Embedded Solutions Portable Solutions By Package Type Entry Level Mid Level Advance Level Companies Covered:- iTrangle Infotech Minda iConnect Intangles LogiNext FleetX LocoNav Trimble Key Target Audience:- Logistics Companies Fleet Management Companies Digital Freight forwarders Private Ventures and Equity Firms OEM’s Transport Companies Fleet Operators Time Period Captured in the Report:- Historical Period: 2014–2019 Forecast Period: 2020-2025 Key Topics Covered in the Report:- Pain Points Need for FMS Key Recommendations Target Addressable Market Transport Vehicles and Penetration India Logistics Industry India Digital Freight Forwarding Landscape Market Size and Segmentation Competitive Analysis Government Regulations Future Outlook Industry Speaks (Interviews) For More Information, refer to below link:- India Fleet Management Systems Market Related Reports:- India Logistics Market Outlook to FY24–Driven by Government Infrastructure Push, New Age Logistics Startups, and Technology Innovation India Digital Freight Brokerage Market Outlook to 2025 – Marquee Investors Funding in the Space and Revenue Alternative on Return Trips to Support Market Growth Indonesia Logistics and Warehousing Market Outlook to 2023 – Driven by Infrastructure Spending for Airport and Seaports Albeit by Poor Existing Road Network Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Advanced Fleet Systems Market India, Buses Transport Vehicles Market, Commercial Vehicle Fleet Management Solutions India, Commercial Vehicle Market Size In India, Commercial Vehicle Telematics Market India, Covid-19 Impact India Fleet Management Industry, Covid-19 Impact India Fleet Management Market, Cronavirus Impact India Fleet Management Industry, Cronavirus Impact India Fleet Management Market, Embedded Telematics Solutions India, Evaluation Study India Fleet Management Market, Evaluation Summary Report India Fleet Management Market, Evaluative Survey India Fleet Management Market, Fleet Analytics Market India, Fleet Management Industry in India, Fleet Management Market In India, Fleet Management Software Price India, Fleet Management System Market Interview, Fleet Management Systems India, Fleet Telematics Market Interview, FleetX Fleet Management Systems Market Size, Fuel Monitoring System Software Market, Heavy Commercial Vehicle Telematics Market India, India Commercial Telematics Market, India Fleet Management Due Diligence Report, India Fleet Management Growth Strategy Market Report, India Fleet Management Industry, India Fleet Management Industry Research Report, India Fleet Management Market, India Fleet Management Market Analysis, India Fleet Management Market Competition, India Fleet Management Market Competition Benchmarking, India Fleet Management Market Evaluation Report, India Fleet Management Market Forecast, India Fleet Management Market Future Outlook, India Fleet Management Market Growth, India Fleet Management Market Major Players, India Fleet Management Market Research Report, India Fleet Management Market Revenue, India Fleet Management Market Revenue Forecasting, India Fleet Management Market Shares, India Fleet Management Market Size, India Fleet Management Market Trends, India Fleet Management Systems Manufacturing Hubs, India Fleet Telematics Devices Market, India Logistics Market Shares, India Telematics Market Size, Industry Research Report Of India Fleet Management, Intangles Fleet Management Systems Market Shares, ITrangle Infotech Fleet Management Systems Market Revenue, LCV Commercial Vehicles Market India, Light Commercial Vehicle Telematics Market India, LMV Freight Transport Vehicles Market, LMV Passenger Transport Vehicles Market, LocoNav Fleet Management Systems Market Revenue, LogiNext Fleet Management Systems Market Revenue, LogiNext Telematics Fleet Management Systems Market Shares, Logistics Fleet Management Market India, Logistics Fleet Management Solutions India, Logistics Telematics Market India, Market Research Report Of India Fleet Management, MCV Commercial Vehicles Market India, OBD Device Market India, Portal Fleet Management Solutions India, Social Evaluation Research India Fleet Management Market, Taxis Transport Vehicles Market, Telematics Hardware Price India, Trimble Fleet Management Systems Market Shares, Trucks Transport Vehicles Market, Vehicle Health Monitoring Software Market, Vehicle Tracking Software Market, Write An Evaluation Report On India Fleet Management Market