Fleet management systems to reach 7.1 million in Europe by 2018

According to a new research report from analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in Europe was 3.65 million in quarter 4 2013. Growing at a compound annual growth rate (CAGR) of 14.2 per cent, this number is expected to reach 7.10 million by 2018. A group of international aftermarket solution providers has emerged as leaders in the European fleet management market. Masternaut reported an active installed base of close to 350,000 units
October 15, 2014 Read time: 3 mins
According to a new research report from analyst firm 3849 Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in Europe was 3.65 million in quarter 4 2013. Growing at a compound annual growth rate (CAGR) of 14.2 per cent, this number is expected to reach 7.10 million by 2018.

A group of international aftermarket solution providers has emerged as leaders in the European fleet management market. 748 Masternaut reported an active installed base of close to 350,000 units in July 2014, mainly in France and the UK. 1692 TomTom Telematics was the fastest growing vendor in 2014 and has now surpassed 400,000 subscribers in August 2014. The two companies today share the number one spot in terms of active installed base in Europe. Digicore has also joined the exclusive group of fleet management providers in Europe having more than 100,000 active devices in the field. 5635 Transics is number one in the heavy trucks segment with an estimated 85,000 active units installed.
 
A major trend in the past three years has been the announcements of standard line fitment of fleet management solutions among the HCV manufacturers. 570 Scania, 2069 Daimler, 609 Volvo and 267 MAN now experience fast growth of telematics subscribers thanks to these initiatives. FleetBoard by Daimler, Dynafleet by Volvo and Scania Fleet Management are the most sold systems with cumulative shipments of 150,000 units, 135,000 units and 100,000 units respectively as of quarter 4 2013. A recent trend has LCV manufacturers increasingly working together with aftermarket players to offer fleet management solutions. 1900 PSA Peugeot Citroën, for instance, launched a new fleet management service on the French market in partnership with 5636 Orange Business Services in April 2014. 278 Ford and 1623 Telogis recently partnered to deliver fleet management solutions to Ford customers in Europe. Teletrac has, in addition, collaborated for a long time with OEMs in the UK market, including Citroën and 1685 Mercedes Benz.
 
M&A activities on this market continued with full force in 2014. “Seven major mergers and acquisitions have so far taken place this year among the vendors of fleet management systems in Europe”, said Johan Fagerberg, senior analyst, 3849 Berg Insight.

At the beginning of 2014, 213 Qualcomm finally divested the majority of the European arm of its fleet business to 5838 Astrata Group, a fleet management company headquartered in Singapore. Later in February, 4319 WABCO acquired Transics and the transaction valued the company at about € 100 million. 7607 Lysanda acquired UK-based 4302 TRACKER Network in February and plans to establish Tantalum Corporation from the combined business. In April, TomTom acquired French FM provider DAMS Tracking, adding another 27,000 subscriptions to the installed base. Francisco Partners divested Masternaut to Summit Partners and FleetCor in the same month. In July 2014, Zucchetti Group acquired a majority share of Macnil from its founders. The latest transaction happened in October 2014, when Finder acquired its Polish competitor Autoguard to form the largest FMS provider in Poland. Fagerberg anticipates that market consolidation of the still overcrowded industry will continue in 2015.
Location Based Systems

For more information on companies in this article

Related Content

  • Traffic congestion costs UK business millions each year
    November 29, 2016
    Traffic congestion is costing UK businesses approximately US$957 million (£767 million) a year in lost productivity, according to research conducted by TomTom. The TomTom Traffic Index has found traffic across the UK’s 25 most congested cities and towns increases the time each vehicle spends on the road by an average of 127 hours a year. And the situation seems to be getting worse. An average journey in 2015 took 29 per cent longer than it would in free-flowing conditions, up from a 25 per cent delay
    Read More
  • Smart railways market ‘worth US$13.77 billion by 2020’
    January 15, 2016
    According to new market research report by MarketsandMarkets, the smart railway market is predicted to grow from US$5.34 Billion in 2015 to US$13.77 Billion by 2020, at a CAGR of 20.8 per cent over the period. The smart railways concept includes the combination of advanced solutions and services of intelligent transportation with the information and communication technology. It facilitates the smart use of rail assets, from tracks to trains which will enable companies to meet the increasing consumer dema
    Read More
  • TRL and TomTom announce partnership on Congestion Index
    October 23, 2012
    TRL and TomTom have announced here at the ITS World Congress that they have launched a new partnership to offer more detailed analyses of the results published in TomTom’s quarterly Congestion Index which covers major metropolitan areas in Europe and North America. The partners say the collaboration will see the Congestion Index being put to practical use in solving local congestion issues. TRL traffic consultants are able to work with detailed TomTom data to produce customised analysis which meets the need
    Read More
  • MaaS will be adopted quicker in Europe than in the US: here’s why
    December 5, 2018
    A new report suggests that MaaS will be implemented more quickly in Europe than in the US – but why should this be? Ben Spencer examines the arguments
    Read More

Highlighted Content