DUBLIN–(BUSINESS WIRE)–The “Fleet Management in Australia & New Zealand – 8th Edition” report has been added to ResearchAndMarkets.com’s offering.
The report analyses the latest developments on the commercial vehicle telematics market in Australia and New Zealand. The report forecasts that the number of fleet management systems in active use in Australia and New Zealand will grow at a CAGR of 11.5 percent from about 1.4 million units at the end of 2022 to more than 2.4 million by 2027.
The market for fleet management (FM) solutions in Australia and New Zealand has been in a growth period for many years. The global recession associated with the COVID-19 pandemic slowed down activities in 2020-2021 to some extent, but the current outlook is positive in spite of the challenging economic climate. The total number of FM systems in active use is forecasted to grow at a compound annual growth rate (CAGR) of 11.5 percent from about 1.4 million units in 2022 to over 2.4 million units by 2027. The penetration rate in the total population of fleet vehicles used by businesses is at the same time estimated to increase from 24.7 percent in 2022 to 36.7 percent in 2027. The fleet telematics market in the region is influenced positively by regulatory developments related to health and safety regulations, chain of responsibility legislation, electronic work diaries and road user charges.
A large number of vendors are active on the FM market in Australia and New Zealand. The report ranks Teletrac Navman, EROAD and MTData as the largest providers of fleet management solutions in Australia and New Zealand. US-based Teletrac Navman (part of Vontier) was the first to reach 100,000 units in the region and this milestone has now also been achieved by New Zealand-based EROAD (including Coretex acquired in 2021) and Australia-based MTData (owned by Telstra). The remaining top-5 solution providers in the region are US-based Verizon Connect and Netstar Australia. US-based Rand McNally which acquired Fleetsu in Australia in 2022 is now also a significant player.
Other notable vendors with estimated installed bases of at least 40,000 active units in the region include local solution providers such as Australia-based IntelliTrac and Linxio and New Zealand-based Smartrak (Constellation Software), as well as international players including Canada-based Geotab and South Africa-based MiX Telematics. Fleet Complete, also based in Canada, entered the region through the acquisition of Geotab’s reseller Securatrak. Additional top-15 players in the region are Digital Matter and Procon Telematics as well as Bridgestone Mobility Solutions’ Webfleet and Fleetdynamics by Fleetcare. Solution vendors just outside of the top list moreover include Directed Technologies (Directed Electronics Australia), Sensium, Inseego, TrackIt and Microlise. Directed notably works with a large number of commercial vehicle OEMs on the local market. OEMs which have launched fleet telematics solutions in the region independently or through partnerships include UD Trucks/Isuzu Group, Toyota, Hino, Mitsubishi, PACCAR, Volvo Group, Daimler Truck, Fuso, Scania, MAN and Iveco.
Highlights from the report:
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 140 |
| Forecast Period | 2022 – 2027 |
| Estimated Market Value in 2022 | 1.4 Million Units |
| Forecasted Market Value by 2027 | 2.4 Million Units |
| Compound Annual Growth Rate | 11.5% |
| Regions Covered | Australia, New Zealand |
Key Topics Covered:
1 Fleet Management Solutions
1.1 Fleet management infrastructure
1.2 Vehicle management
1.2.1 Vehicle diagnostics and maintenance planning
1.2.2 Security tracking
1.2.3 Tire pressure monitoring systems
1.3 Driver management
1.3.1 Driving data registration and analysis
1.3.2 Video-based driver monitoring
1.3.3 Eco-driving schemes
1.3.4 Insurance risk management
1.4 Operations management
1.4.1 Routing and navigation
1.4.2 Transport management
1.4.3 Mobile workforce management
1.5 Regulatory compliance and reporting
1.5.1 Fatigue, Chain of Responsibility (CoR) and Electronic Work Diary (EWD)
1.5.2 Australian National Telematics Framework
1.5.3 Road User Charges (RUC)
1.5.4 Health and safety regulations
1.5.5 Other applications
1.6 Business models
2 Market Forecasts and Trends
2.1 Market analysis
2.2 Market drivers and barriers
2.3 Value chain analysis
2.4 Future industry trends
3 Company Profiles and Strategies
For more information about this report visit https://www.researchandmarkets.com/r/4w1k4a
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