U.K. Fleet Management Market is expected to grow with a CAGR of 9.6% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below.

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U.K. fleet management market is a highly fragmented market, which includes a number of key players as well as local players. The market has witnessed increased strategic developments owing to favorable market scenarios.

The major players dealing in the U.K. fleet management market are introducing a strong range of product portfolios. This helped companies to maximize sales with an enhanced product portfolio.

For instance,

• In January 2022, Continental AG partnered with commercial vehicle manufacturer IVECO for more safety on Europe’s roads. This partnership will help the company promote a tachograph data management solution and accelerate sales growth
• In December 2021, Wheels, Inc. announced the merger with Donlen to increase its client base and market share. This merger will help the company to add new customers and accelerate revenue growth which is expected to help strengthen the market position for the company

Wheels, Inc. is the dominating player in the U.K. fleet management market. The other key players are AT&T Intellectual Property, Ctrack (Powered by Inseego Corp.), Astrata Group, Omnitracs (Acquired by Solera), Tom Tom International BV, Geotab Inc., Verizon, Cisco Systems, Inc., Siemens, IBM Corporation, DENSO CORPORATION, Sierra Wireless, CalAmp, Lytx, Inc., Robert Bosch GmbH, ORBCOMM, ARI Fleet Management Company, Azuga, a Bridgestone Company, Fleet Alliance, Masternaut Limited, HARMAN International, Continental AG, among others.

Wheels, Inc.

The company was founded in 1939, and its headquarter is located in Illinois, U.S. The company is engaged in dedicated fleet professions for safety, greener, more productive, and cost-efficient business operations. Their product categories include services and technology, which is also the market-focused category.

For instance,

• In July 2021, Wheels, Inc. raised a fund of about USD one million for United Way of Metro Chicago. This fun raised has helped the company to support the U.S. region and provide fame to the company, which helps in accelerating sales and revenue growth

The company offers services all over America, Europe, Asia-Pacific, and the Middle East and Africa.

ARI Fleet Management Company

The company was founded in 1948, and its headquarter is located in New Jersey, U.S. The company is engaged in providing services related to fleet management. Their service categories include vehicle management, technology, driver management, business management, and fleet sustainability, where fleet sustainability is the market-focused category.

For instance,

• In July 2020, ARI Fleet Management Company announced a partnership with Lordstown Motors to introduce its first commercial truck. The partnership took place to further enrich and grow in the automotive sector. The market will have more options in commercial trucks

The company has a presence all over Europe and North America.

Siemens

The company was established in 1867 and is headquartered in Bavaria, Germany. The company is a provider of resilient supply chains, smarter buildings, and grids. Their business segments include digital industries, smart infrastructure, mobility, Siemens healthineers, and Siemens financial services, where mobility is the market-focused segment. Their solution categories include building technologies, drive technology, energy, financing, healthcare, industrial automation, mobility, services, and software, where mobility is the market-focused category.

For instance,

• In February 2022, Siemens announced collaborating with Ford on a customized electric vehicle charger for all-electric F-150 Lightning. Thus, through this collaboration, the company will be able to target a new customer base in the pharmaceutical services sector

The company is present all over Asia-Pacific, the Americas, and Europe.