Automotive Fleet Market Report 2025 (Global Edition)

Global Automotive Fleet Market Report 2025 Market Size Split by Fleet Type Outlook: (Trucking Fleets, Delivery Fleets, Taxi Cab Fleets, Car Rental Fleets, Public Utility Fleets, Commercial Fleets), by...

Automotive Fleet Market Report Description

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Competitive Landscape of the Automotive Fleet Market

Major firms, including Enterprise Holdings, Hertz Global Holdings, Avis Budget Group, and Ryder System, coexist with up-and-coming regional operators in the fiercely competitive car fleet sector. Businesses compete on the basis of fleet size, pricing, service quality, and the use of cutting-edge technologies like fleet management software and telematics. Innovation and investment have increased because of the move toward electric and driverless fleets. Strategic alliances, mergers, and acquisitions further shape the competitive landscape of the market.

In February 2023, the announcement of the BMW iX5 Hydrogen vehicle's first launch. Diverse target groups worldwide would use a pilot fleet of these cars for trial and demonstration purposes throughout the year. Through this project, the development team will gain crucial practical knowledge about the vehicle and the use of advanced hydrogen fuel cell technology. (Source: https://www.bmwgroup.com/en/news/general/2023/BMWiX5Hydrogen.html) In February 2023, Cox Automotive, which is committed to keeping the world's fleets operating effectively, safely, and sustainably, today announced that it has acquired FleetNet America®, a leader in the fleet business. Through the transaction, FleetNet and Cox Automotive Mobility are laying the groundwork for a fleet operation revolution in which every car and service is interconnected. (Source: https://www.coxautoinc.com/news/cox-automotive-acquires-fleetnet-america/) In June 2022, FedEx Corp. announced that BrightDrop, a General Motors (GM) technology startup decarbonizing last-mile delivery, had delivered its first 150 electric delivery vehicles. (Source: https://investors.fedex.com/news-and-events/investor-news/investor-news-details/2022/FedEx-Continues-Advancing-Fleet-Electrification-Goals-with-Latest-150-Electric-Vehicle-Delivery-from-BrightDrop/default.aspx) In January 2021, Cox Automotive announced that it had acquired Dickinson Fleet Services, North America's top mobile maintenance provider for medium—and heavy-duty trucks and trailers. This investment greatly expands Cox Automotive Mobility's nationwide Pivet fleet services marketplace's capabilities and geographic reach. With its fleet of over 700 mobile repair units and 800 repair and maintenance professionals, Dickinson's range of preventative maintenance and mobile emergency repair service capabilities will complement Pivet's current fleet service offerings. (Source: https://www.coxenterprises.com/news/cox-automotive-acquires-dickinson-fleet-services)

Top Companies Market Share in Automotive Fleet Industry: (In no particular order of Rank)

• APL Logistics Ltd.
• Cox Enterprises Inc.
• FedEx Corporation
• Halliburton
• Holman Inc.
• DHL International GmbH
• J.B. Hunt Transport Inc.
• Knight-Swift Transportation Holdings Inc.
• LeasePlan
• Schneider
• Swift Transportation
• McLANE COMPANY INC.
• Schlumberger Limited
• Wheels India
• XPO Logistics
• United Parcel Service of America Inc.
• VRL Logistics Ltd.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Automotive Fleet Market

Which Region Dominates the Automotive Fleet Market in 2025?

According to Cognitive Market Research, North America currently dominates the Automotive Fleets market, and the region is expected to have significant growth during the projected period. A strong e-commerce industry, sophisticated infrastructure, and widespread use of fleet management systems position North America to lead the expansion of the vehicle fleet market. The region's strong focus on sustainability, along with growing EV charging networks and government incentives, is speeding up the shift to electric fleets. Incorporating linked car systems and telematics also improves fleet efficiency. With their booming transportation and logistics sectors, the United States and Canada play a significant role. The need for last-mile delivery services and business fleet modernization expenditures make North America a key growth region for the vehicle fleet industry.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). Asia Pacific's vehicle fleet market is predicted to grow dramatically due to growing e-commerce demand, rapid urbanization, and expanding infrastructure. The region's growing logistics and transportation industries, particularly in Southeast Asia, China, and India, are propelling fleet expansion. This is accurate for last-mile delivery services, in particular. The growing acceptance of hybrid and electric automobiles is also being aided by supporting government policies and environmental concerns. The growing popularity of ride-hailing services and shared mobility in big cities is driving up demand for fleets. Technological advancements in fleet management, such as telematics and artificial intelligence, are also increasing the region's operating efficiency.

The current report Scope analyzes Automotive Fleet Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Automotive Fleet

According to Cognitive Market Research, the global Automotive Fleet market size was estimated at USD 29514.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 11805.80 million in 2025 and will grow at a compound annual growth rate (CAGR) of 12.7% from 2025 to 2033.

• According to Cognitive Market Research, the US had a major share in the Automotive Fleet market with a market size of USD 9314.78 million in 2025 and is projected to grow at a CAGR of 12.5% during the forecast period. The U.S. The need for a large number of automobiles is driven by the demand for ride-hailing services like Uber and Lyft.
• The Canada Automotive Fleet market had a market share of USD 1416.70 million in 2025 and is projected to grow at a CAGR of 13.5% during the forecast period. The usage of electric vehicles (EVs) in corporate fleets is encouraged by Canada's efforts to reduce carbon emissions and promote sustainability, which propels fleet upgrades.
• The Mexico Automotive Fleet market is projected to witness growth at a CAGR of 13.2% during the forecast period, with a market size of USD 1074.33 million in 2025.

Europe Automotive Fleet

According to Cognitive Market Research, the global Automotive Fleet market size was estimated at USD 29514.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 8854.35 million in 2025 and will grow at a compound annual growth rate (CAGR) of 13.0% from 2025 to 2033.

• The United Kingdom Automotive Fleet market had a market share of USD 1487.53 million in 2025 and is projected to grow at a CAGR of 13.8% during the forecast period. In the UK, Corporate fleets, including short-term vehicle leasing, are being adopted by businesses more and more to increase productivity and streamline operations.
• The France Automotive Fleet market is projected to witness growth at a CAGR of 12.2% during the forecast period, with a market size of USD 814.60 million in 2025.
• According to Cognitive Market Research, the German Automotive Fleet market size was valued at USD 1753.16 million in 2025 and is projected to grow at a CAGR of 13.2% during the forecast period. Germany has a thriving fleet market due to its strong automotive sector and concentration on producing high-quality automobiles.
• The Italy Automotive Fleet market is projected to witness growth at a CAGR of 12.4% during the forecast period, with a market size of USD 761.47 million in 2025.
• The Russia Automotive Fleet market is projected to witness growth at a CAGR of 12.0% during the forecast period, with a market size of USD 1372.42 million in 2025.
• The Spain Automotive Fleet market is projected to witness growth at a CAGR of 12.1% during the forecast period with a market size of USD 726.06 million in 2025
• The Luxembourg Automotive Fleet market is projected to witness growth at a CAGR of 13.1% during the forecast period, with a market size of USD 274.48 million in 2025.
• The Portugal Automotive Fleet market is projected to witness growth at a CAGR of 12.8% during the forecast period, with a market size of USD 185.94 million in 2025.
• The Greece Automotive Fleet market is projected to witness growth at a CAGR of 13.3% during the forecast period, with a market size of USD 106.25 million in 2025.
• The Rest of Europe's Automotive Fleet market is projected to witness growth at a CAGR of 11.7% during the forecast period, with a market size of USD 1372.42 million in 2025.

Asia Pacific Automotive Fleet

According to Cognitive Market Research, the global Automotive Fleet market size was estimated at USD 29514.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 6788.34 million in 2025 and will grow at a compound annual growth rate (CAGR) of 16.5% from 2025 to 2033.

• According to Cognitive Market Research, the China Automotive Fleet market size was valued at USD 3054.75 million in 2025 and is projected to grow at a CAGR of 16.0% during the forecast period. Automotive Fleet surged in China because The Chinese government provides substantial incentives for fleet operators and electric vehicle owners in an effort to lower emissions and enhance air quality.
• The Japan Automotive Fleet market is projected to witness growth at a CAGR of 15.0% during the forecast period, with a market size of USD 936.79 million in 2025.
• The India Automotive Fleet market had a market share of USD 814.60 million in 2025 and is projected to grow at a CAGR of 18.3% during the forecast period. India's Commercial fleet vehicles, such as trucks and vans, are in greater demand due to India's growing supply chains and logistics.
• The South Korean Automotive Fleet market is projected to witness growth at a CAGR of 15.6% during the forecast period, with a market size of USD 678.83 million in 2025.
• The Australian Automotive Fleet market is projected to witness growth at a CAGR of 16.2% during the forecast period, with a market size of USD 352.99 million in 2025.
• The South East Asia Automotive Fleet market is projected to witness growth at a CAGR of 17.5% during the forecast period, with a market size of USD 468.40 million in 2025.
• The Rest of Asia Pacific Automotive Fleet market is projected to witness growth at a CAGR of 16.3% during the forecast period, with a market size of USD 481.97 million in 2025.

South America Automotive Fleet

According to Cognitive Market Research, the global Automotive Fleet market size was estimated at USD 29514.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 1475.73 million in 2025 and will grow at a compound annual growth rate (CAGR) of 13.9% from 2025 to 2033.

• According to Cognitive Market Research, the Brazil Automotive Fleet market size was valued at USD 631.61 million in 2025 and is projected to grow at a CAGR of 14.5% during the forecast period. Automotive Fleets flourished in Brazil due to The expansion of ride-hailing and delivery fleets driven by consumers' shifting tastes toward convenience and on-demand services.
• Argentina's Automotive Fleet market had a market share of USD 247.92 million in 2025 and is projected to grow at a CAGR of 14.8% during the forecast period. Argentina's urbanization has increased, and there is a demand for mobility solutions.
• Colombia Automotive Fleet market is projected to witness growth at a CAGR of 13.7% during the forecast period, with a market size of USD 131.34 million in 2025.
• Peru Automotive Fleet market is projected to witness growth at a CAGR of 14.1% during the forecast period, with a market size of USD 121.01 million in 2025.
• Chile Automotive Fleet market is projected to witness growth at a CAGR of 14.2% during the forecast period, with a market size of USD 106.25 million in 2025.
• The Rest of Latin America's Automotive Fleet market is projected to witness growth at a CAGR of 13.0% during the forecast period, with a market size of USD 237.59 million in 2025.

Middle East Automotive Fleet

According to Cognitive Market Research, the global Automotive Fleet market size was estimated at USD 29514.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 590.29 million in 2025 and will grow at a compound annual growth rate (CAGR) of 14.2% from 2025 to 2033..

• The GCC Countries Automotive Fleet market is projected to witness growth at a CAGR of 15.0% during the forecast period, with a market size of USD 252.64 million in 2025. Automotive Fleet sales flourish because fleet operators can improve performance by implementing telematics, fleet management software, and linked car technologies, which propels market expansion.
• The Egypt Automotive Fleet market is projected to witness growth at a CAGR of 14.5% during the forecast period, with a market size of USD 61.98 million in 2025.
• The South Africa Automotive Fleet market is projected to witness growth at a CAGR of 15.2% during the forecast period, with a market size of USD 93.27 million in 2025. There is a growing need for fleet cars that don't require upfront purchases as more South African enterprises use fleet leasing models.
• The Turkey Automotive Fleet market is projected to witness growth at a CAGR of 13.7% during the forecast period, with a market size of USD 50.76 million in 2025.
• The Nigeria Automotive Fleet market is projected to witness growth at a CAGR of 13.3% during the forecast period, with a market size of USD 61.98 million in 2025.
• The Rest of the MEA Automotive Fleet market is projected to witness growth at a CAGR of 13.2% during the forecast period, with a market size of USD 69.65 million in 2025.

Automotive Fleet Market Analysis

How are Segments Performing in the Global Automotive Fleet Market?

Automotive Fleet Market Fleet Type Segment Analysis

According to Cognitive Market Research, commercial fleets are likely to dominate the Automotive Fleet Market over the forecast period. The transportation, utilities, construction, and logistics industries are driving the steady growth in the demand for commercial fleets in the vehicle fleet industry. With the rise of e-commerce, businesses are depending more and more on fleets to fulfill the growing demand for product delivery. Commercial fleets are changing to meet sustainability targets by emphasizing fuel economy, lower emissions, and the use of electric cars. Additionally, cutting-edge fleet management technologies like route optimization, telematics, and GPS monitoring are increasing operational efficiency, cutting expenses, and raising demand for commercial fleets across a range of industries.

The delivery fleets are the fastest-growing segment in the Automotive Fleet Market. Due mainly to the rise in e-commerce and customer demands for dependable, quick shipment, the demand for delivery fleets in the vehicle fleet sector is expanding quickly. Businesses involved in parcel delivery, courier, and logistics are growing their fleets in order to satisfy the growing demand for last-mile delivery options. In an effort to save pollution and fuel expenses, many delivery firms are switching to electric and hybrid cars in response to growing environmental concerns. Further increasing the need for delivery fleets across a range of businesses are developments in telematics and fleet management software, which are also improving route planning, delivery efficiency, and operating costs.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Automotive Fleet Industry. Request a Free Sample PDF!

Automotive Fleet Market Fleet Size Segment Analysis

According to Cognitive Market Research, the large fleet (more than 100 vehicles) segment holds the largest share of the market. In the automotive fleet industry, enterprises that need wide transportation capabilities—such as logistics firms, rental agencies, and huge corporations—are driving demand for large fleets (more than 100 vehicles). Because these fleets provide economies of scale, companies may lower operating costs, optimize routes, and guarantee consistent service delivery throughout all regions. Furthermore, sophisticated fleet management systems that enhance vehicle monitoring, upkeep, and fuel economy are advantageous for big fleets. Large fleet sizes are becoming more and more necessary as the need for effective, large-scale transportation in industries like freight, construction, and e-commerce grows.

In the Automotive Fleet Market, the medium fleet (50 - 100 vehicles) category has been expanding at a rapid pace. In the automotive fleet industry, there is a growing need for medium-sized fleets (50–100 vehicles), particularly among corporate enterprises that need significant but adaptable transportation capacity, mid-sized logistics firms, and regional transportation providers. Businesses may scale operations effectively with these fleets without incurring the overhead expenses that come with larger fleets. Modern fleet management technology, like GPS tracking and telematics, allows medium-sized fleets to improve vehicle maintenance, cut fuel costs, and optimize routes. Businesses looking for reasonably priced fleet solutions with moderate capacity, such as retail, delivery services, and local distribution networks, are driving the need.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Automotive Fleet Industry Vertical Outlook: Segment Analysis

Automotive Fleet Market Industry Vertical Segment Analysis

According to Cognitive Market Research, the logistics and transportation segment holds the largest market share. The vehicle fleet market is growing largely due to the logistics and transportation sector vertical. Businesses are growing their fleets in order to handle long-haul logistics, freight transportation, and last-mile delivery due to the rising demand for goods delivery, especially in e-commerce. Fleet managers are concentrating on increasing fleet efficiency by utilizing cutting-edge technologies such as real-time tracking, telematics, and route optimization. There is also a growing trend toward electric and fuel-efficient automobiles to cut expenses and achieve sustainability objectives. The transportation and logistics industry continues to be a vital sector, generating significant demand for a range of fleet sizes and solutions.

In the Automotive Fleet market, the rapidly growing sector is the construction and infrastructure category. Due to the need for specialized vehicles to transport people, equipment, and supplies to project sites, the construction and infrastructure industry vertical is a major contributor to the automobile fleet market. Heavy-duty trucks, cranes, and utility vehicles designed for construction work are among the fleet requirements. The demand for dependable and effective fleets is being driven by the world's expanding industrial undertakings, urbanization, and infrastructural development. Fleet solutions are crucial for the infrastructure and construction industries because fleet management technology, including GPS tracking and telematics, helps maximize vehicle usage, minimize downtime, and increase operational efficiency.

• Logistics and Transportation
• Construction and Infrastructure
• Utilities and Energy
• Government and Public Services
• Corporate
• Emergency Services
• Others

Automotive Fleet Service Type Outlook: Segment Analysis

Automotive Fleet Market Service Type Segment Analysis

According to Cognitive Market Research, the goods transportation vehicles segment dominates the market. The increasing demand for efficient supply chain management, especially as e-commerce and global trade develop, is driving up demand for goods transportation vehicles in the automobile fleet industry. Trucks, vans, and refrigerated units are just a few of the vehicles used by manufacturing, retail, and logistics companies to move goods. In order to increase delivery efficiency, save operating costs, and improve service quality, businesses look for fleet solutions that are optimized with cutting-edge fleet management technology, such as real-time tracking, route optimization, and predictive maintenance. The necessity for quick, economical, and dependable goods transportation is what is driving this need.

On-demand services are projected to be the fastest-growing segment in the Automotive Fleet market. The growing popularity of ride-sharing, car rental, and mobility-as-a-service (MaaS) models is driving the fast growth of the demand for on-demand services in the automotive fleet sector. Due to consumer demand for adaptable and affordable transportation options, companies are increasing the range of fleet options they offer. Ride-hailing, carpooling, and automobile subscription models are examples of on-demand services that are becoming more popular, especially in cities. On-demand transportation solutions are becoming more effective and user-friendly as fleet operators utilize cutting-edge technologies like GPS monitoring, telematics, and smartphone apps to improve service availability, route optimization, and customer experience.

• Leasing or Renting Services
• Goods Transportation Vehicles
• Passenger Transportation Vehicles
• On-Demand Services
• Goods Transportation Vehicles
• Passenger Transportation Vehicles

Automotive Fleet Fleet Management Outlook: Segment Analysis

Automotive Fleet Market Fleet Management Segment Analysis

According to Cognitive Market Research, the in-house fleet management segment leads the market. In the automotive fleet industry, organizations are looking for more control over their fleet operations, which is driving up demand for in-house fleet management systems. By customizing fleet performance, maintenance plans, and vehicle acquisition to match particular requirements, in-house management enables companies to increase productivity and reduce expenses. Modern fleet management technology like GPS tracking, telematics, and data analytics allow companies to track the condition of their vehicles, plan the best routes, and increase fuel economy. In sectors where cost control and operational control are crucial, such as corporate transportation, construction, and logistics, this need is common.

Outsourced fleet management is anticipated to be the fastest-growing segment in the Automotive Fleet market. In the automotive fleet sector, there is an increasing demand for outsourced fleet management, especially from companies trying to cut expenses and operational complexity. By leveraging the experience of outside suppliers for vehicle procurement, maintenance, compliance, and reporting, fleet management outsourcing enables businesses to concentrate on their core competencies. Fleet service companies may enhance overall efficiency, minimize downtime, and maximize fleet performance by integrating cutting-edge technologies like telematics and real-time tracking. This tendency is especially common in sectors where managing big fleets requires scalability and flexibility, such as public services, logistics, and transportation.

• In-house Fleet Management
• Outsourced Fleet Management

Automotive Fleet Vehicle Type Outlook: Segment Analysis

Automotive Fleet Market Vehicle Type Segment Analysis

According to Cognitive Market Research, the commercial vehicle category dominates the market. The increased requirement for logistics, service delivery, and the transportation of commodities is driving the demand for commercial vehicles in the automotive fleet sector. Trucks, vans, and specialty vehicles are among the many commercial vehicles needed by sectors like public services, retail, construction, and e-commerce. These vehicles are necessary for the effective transportation of persons, equipment, and cargo. The need for electric, fuel-efficient, and technologically sophisticated commercial cars is growing as companies concentrate on fleet optimization. The need for commercial vehicles to increase operational efficiency is also being driven by fleet management technologies like maintenance tracking, telematics, and route optimization.

Passenger vehicle is projected to be the fastest-growing segment in the Automotive Fleet market. Corporate transportation, vehicle rental services, and ride-sharing platforms are the main drivers of the demand for passenger vehicles in the automotive fleet sector. In order to offer dependable transportation for their staff, clients, and customers, companies are growing their fleets of passenger cars. The need for passenger car fleets is also growing, particularly in cities, as a result of the growth of mobility-as-a-service (MaaS) and car-sharing programs. In order to save operating costs and achieve sustainability goals, fleet operators are investing more and more in electric and fuel-efficient vehicles. Fleet performance and efficiency are further improved by cutting-edge fleet management technology like telematics and GPS tracking.

• Passenger Vehicle
• Commercial Vehicle
• Trailers / Trucks
• Tankers
• Refrigerated Trucks
• Buses / Shuttle
• Others

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

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I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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