Fleet Management Market Growth – Trends & Forecast 2023-2033

An In-depth Look at Fleet Management Adoption Trends in Japan from 2023 to 2033

The demand for fleet management in Japan is projected to reach USD 561.6 million in 2023, up from USD 511.9 million in 2022. The fleet management industry in Japan is anticipated to show strong development over the forecast period, registering a CAGR of 10.2%. By 2033, the sale of fleet management in Japan is forecasted to surge to USD 1,507.30 million.

Attributes	Details
Industry size for Japan in 2023	USD 561.6 million
Expected Industry Size for Japan by 2033	USD 1,507.30 million
Forecasted CAGR between 2023 to 2033	10.2%

Key Insights for Success in Fleet Management in Japan

• The use of commercial vehicles is growing on a consistent basis in Japan. As companies integrate more commercial vehicles into their operations, the demand for fleet management is increasing in the country.
• As the size of fleet grows, companies are becoming increasingly concerned with fleet safety. Fleet management gives companies assurance of fleet safety, ensuring efficient transportation of products. Thus, the adoption of fleet management is on the rise in Japan.
• Technology is making its way into every aspect of company working in Japan. With the proliferation of smartphones, tracking apps, and other technologies, fleet management processes are becoming more streamlined.

Key Trends Influencing the Demand for Fleet Management in Japan

• Wireless technology removes the physical hassle. Fleet management in Japan is increasingly adopting wireless technology for smoother management of fleets.
• Sustainability trends are growing stronger in Japan. Since fleet management improves the efficiency of commercial vehicles, it can be used to regulate the fuel used by vehicles. Consequently, companies are utilizing fleet management to monitor emissions from commercial vehicles.
• There is an increased demand in Japan for cloud-based analytics systems. Fleet management is also employing cloud systems to manage data.
• Fleet management enables companies to make informed choices regarding fuel and routes. Thus, Japan-based companies are leveraging fleet management solution to reduce costs by choosing routes and fuel more efficiently.
• Players in the fleet management industry are tailoring services to suit the needs of individual clients. The type of management provided to a smaller company typically differ from a big company with a big fleet. Thus, a diverse array of fleet management solutions are available in Japan.

Category-wise Insights

Hardware Fleet Management Solutions are Winning over Companies in Japan

The hardware component continues to dominate the fleet management industry in Japan. In 2023, hardware is expected to account for 47.6% of the industry share by component. Hardware components such as GPS tracking equipment, Bluetooth tracking tags, dash cameras, and more are becoming essential for enterprises.

With the aid of hardware-based fleet management solutions, companies are able to keep track of shipments, transports, and other logistics that involve vehicles.

Demand for Fleet Management in Japan Based on Component	Hardware
Industry Share in 2023	47.6%

Trucks, Cars, and Buses are the Key Vehicles Driving the Demand for Fleet Management

The primary purpose of acquiring fleet management in Japan is to keep track of trucks, cars, and buses. In 2023, fleet management solutions for trucks, cars, and buses are expected to account for 43.4% of the industry share by fleet type.

For many companies in Japan, the on-road fleet size significantly outweighs other modes like railroad and water. Consequently, Japan-based companies have a high demand for fleet management solutions specifically tailored for trucks, cars, and buses. Advancements in tracking solutions and the growth of the eCommerce sector are additional factors contributing to the rise of fleet management solutions for trucks, cars, and buses.

Demand for Fleet Management in Japan Based on Fleet Type	Trucks/Cars/Buses
Industry Share in 2023	43.4%

Competitive Landscape

Several local companies in Japan cater to the needs of businesses in the country. International players compete with these local counterparts to gain a share of the industry. Players in the fleet management industry in Japan often have to contend with stringent government regulations.

One of these regulations includes limits on the number of hours that truck drivers can work. Consequently, industry players in Japan are focused on maintaining high levels of alertness and compliance.

Recent Developments Observed in Fleet Management in Japan

• In July 2023, local company Ryobi Holdings came up with a program to track the sleep of truck drivers. The program, designed in collaboration with Teijin Frontier, aims to improve the efficiency of truck drivers.
• In June 2023, Arval, Element Fleet Management, and Sumitomo Mitsui Auto Service announced a tri-lateral partnership. The partnership aims to make inroads in the Asian fleet management industry, including Japan.
• In January 2023, AirData UAV and Blue Innovation Co. announced a partnership to create a Japanese language version of the former’s fleet management platform.

Some of the Key Players with Fleet Management in Japan

• TomTom N.V.
• Zebra Technologies Corp.
• Trimble Inc.
• Cisco Systems, Inc.
• GoFleet Corporation
• Geotab Inc.
• Digital Matter
• GPS Trackit
• Fleetmatics Group PLC
• GoGPS
• Wireless Links
• Embitel
• Gurtam
• Teletrac Navman
• Linxio
• StreetFleet
• TigerFleet
• Ruptela
• Trakm8 Limited
• WebEye Telematics Group

Scope of the Report

Attribute	Details
Estimated Industry Size in 2023	USD 561.6 million
Projected Industry Size by 2033	USD 1,507.30 million
Anticipated CAGR between 2023 to 2033	10.2% CAGR
Historical Analysis of Demand for Fleet Management in Japan	2018 to 2022
Demand Forecast for Fleet Management in Japan	2023 to 2033
Report Coverage	Industry Size, Industry Trends, Key Insights for Fleet Management in Japan, Insights on Global Players and Leading Industry Strategy in Japan, Ecosystem Analysis of Local and Regional Japan Providers
Key Companies Profiled	TomTom N.V.; Zebra Technologies Corp.; Trimble Inc.; Cisco Systems, Inc.; GoFleet Corporation; Geotab Inc.; Digital Matter; GPS Trackit; Fleetmatics Group PLC; GoGPS; Wireless Links; Embitel; Gurtam; Teletrac Navman; Linxio; StreetFleet; TigerFleet; Ruptela; Trakm8 Limited; WebEye Telematics Group
Key Cities Profiled	Kanto, Chubu, Kinki, Kyushu & Okinawa, Tohoku, Rest of Japan

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033
• 5. Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Component
  • 5.1. Hardware
  • 5.2. Software
  • 5.3. Services
• 6. Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Professional Services
  • 6.1. Consulting & Advisory
  • 6.2. Integration & Implementation
  • 6.3. Support & Maintenance
• 7. Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Fleet Type
  • 7.1. Trucks/Cars/Buses
  • 7.2. Ships/Vessels
  • 7.3. Aircrafts
  • 7.4. Railcars
• 8. Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Application
  • 8.1. Fleet Tracking and Geofencing
  • 8.2. Vehicle Maintenance and Diagnostics
  • 8.3. Driver Behavior Monitoring
  • 8.4. Fuel Management
  • 8.5. Others
• 9. Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Industry
  • 9.1. Construction
  • 9.2. Manufacturing
  • 9.3. Mining
  • 9.4. Transportation
  • 9.5. Oil and Gas
  • 9.6. Others
• 10. Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
  • 10.1. Kanto
  • 10.2. Chubu
  • 10.3. Kinki
  • 10.4. Kyushu & Okinawa
  • 10.5. Tohoku
  • 10.6. Rest of Japan
• 11. Kanto Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 12. Chubu Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 13. Kinki Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 14. Kyushu & Okinawa Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 15. Tohoku Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 16. Rest of Japan Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 17. Market Structure Analysis
• 18. Competition Analysis
  • 18.1. Zebra Technologies Corp.
  • 18.2. Trimble Inc.
  • 18.3. Cisco Systems, Inc.
  • 18.4. GoFleet Corporation
  • 18.5. Geotab Inc.
  • 18.6. Digital Matter
  • 18.7. GPS Trackit
  • 18.8. Fleetmatics Group PLC
  • 18.9. GoGPS
  • 18.10. Wireless Links
  • 18.11. Embitel
  • 18.12. Gurtam
  • 18.13. Teletrac Navman
  • 18.14. Linxio
  • 18.15. StreetFleet
  • 18.16. TigerFleet
• 19. Assumptions & Acronyms Used
• 20. Research Methodology