Fleet Maintenance Statistics


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Fleet Maintenance Statistics 2023: Facts about Fleet Maintenance are important because they give you more context about what’s going on in the World in terms of Fleet Maintenance.

LLCBuddy editorial team scanned the web and collected all important Fleet Maintenance Statistics on this page. We proofread the data to make these as accurate as possible. We believe you don’t need to check any other resource on the web for Fleet Maintenance Facts; All are here only 🙂

Are you planning to form an LLC? Thus you need to know more about Fleet Maintenance? Maybe for study projects or business research or personal curiosity only, whatever it is – it’s always a good idea to know more about the most important Fleet Maintenance Statistics of 2023.

How much of an impact will Fleet Maintenance Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your Fleet Maintenance related questions here.

Please read the page carefully and don’t miss any words.

Top Fleet Maintenance Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 26 Fleet Maintenance Statistics on this page 🙂

Fleet Maintenance “Latest” Statistics

  • The typical auto fleet maintenance manager appreciates remaining at their employment for 1-2 years, which is a percentage of 41%, according to a review of 28 auto fleet maintenance managers’ resumes.[1]
  • According to the American Trucking Associations, trucks move roughly 72.5% of the nation’s domestic freight by weight. That’s 11.84 billion tons.[2]
  • According to a recent article by InsideEVs, one in 40 vehicles registered in 2022 was an electric vehicle.[3]
  • The transportation sector alone in the U.S is accountable for 29% of all greenhouse gas emissions.[3]
  • The world economic forum predicts that the growing fleet size would cause carbon emissions to rise by 30% by 2030.[3]
  • Over 40% of logistics managers reported a decrease in driver safety incidents since starting to use fleet vehicle tracking systems, according to G2 article.[3]
  • Predictive maintenance is the primary use of industrial data analytics, according to 79% of firms.[1]
  • 80% of manufacturing plants use preventive maintenance, and over half use predictive maintenance with analytical tools.[1]
  • According to Ernst & Young, fleets’ total cost of ownership might be between 30 and 50% of maintenance costs.[1]
  • Preventive maintenance is preferred by 80% of maintenance staff, according to Plant Engineering’s 2018 maintenance survey.[1]
  • In 2017, 78% of businesses that utilized a CMMs to manage their assets said that equipment life had improved. Up to 80% of all CMMs implementation attempts are unsuccessful.[1]
  • The overall use of predictive maintenance rose from 47% in 2017 to 51% in 2018, though preventive maintenance is still preferred by 80% of maintenance personnel.[1]
  • The population’s average age for auto fleet maintenance managers is 40+, or 81% of the total population.[1]
  • 24.5% of the typical maintenance worker’s working day is spent on productive activities.[1]
  • Enterprise asset management software is now valued at $4 billion and is anticipated to expand at a CAGR of 11% annually.[1]
  • Over the next 10 years, the employment outlook for maintenance professionals is predicted to increase by roughly 8%.[1]
  • Associate degree is the most popular degree for managers of auto fleet maintenance. 38% of managers of auto fleet maintenance make that.[1]
  • Worldwide spending on IoT technology is estimated to reach $1.2 trillion in 2022 with a CAGR of 13.6%.[1]
  • The bulk of the market is dominated by fleet management, which is anticipated to expand at a CAGR of 10.6% from 2021-2030.[4]
  • The outcome was a negative increase of -1.9% for all professional services provided by market participants in fleet management in 2020, with support and maintenance services doing the worst at -2.2%.[5]
  • Fleet tracking and geofencing are projected to be two applications that benefit the most from advancements in RFID technology, with the market value of those two sectors more than doubling from the present $4.5 billion to $13.9 billion by the end of the decade.[5]
  • The fleet management market’s growth rate for 2020 has been constrained to 8%, which is almost 15% less than 2019.[5]
  • The demand for telematics and fleet management software has increased at rates of 10.6% and 9.9%, respectively.[5]
  • According to the American Trucking Associations (ATA)’s truck facts, the number of fleet vehicles in the US is around 37.9 million trucks registered for business purposes in 2019.[6]
  • Gross freight revenues from trucking’s primary shipments totaled $732.3 billion, which is 80.4% of the country’s 2020 freight bill. The trucking industry’s total revenue totaled $791.7 billion in 2019.[6]
  • According to 2018, the UNHCR had a fleet of more than 6500 light vehicles in 2011 with an estimated operational cost of $130 million.[7]

Also Read

How Useful is Fleet Maintenance

One of the most important benefits of fleet maintenance is safety. Ensuring that all vehicles are properly maintained and in good working condition can help prevent accidents on the road. Regular inspections and maintenance checks can identify potential issues before they become major problems, reducing the risk of breakdowns or malfunctions while driving. This not only protects employees and other drivers on the road but also helps to avoid costly repairs or liability claims that may arise from accidents caused by poor maintenance.

In addition to safety, fleet maintenance plays a crucial role in protecting company assets. Vehicles are a significant investment for any business, and proper maintenance can help to extend the lifespan of these assets. By keeping vehicles well-maintained, businesses can reduce repair costs, extend the life of the vehicle, and ultimately get more value out of their fleet. Regular servicing and preventative maintenance can help to address minor issues before they escalate into major repairs, saving the company both time and money in the long run.

Another key benefit of fleet maintenance is minimizing downtime. When vehicles break down unexpectedly, it can disrupt operations, delay deliveries, and frustrate customers. By implementing a proactive maintenance schedule, businesses can reduce the likelihood of unexpected breakdowns and ensure that vehicles are always ready to hit the road when needed. This can help to improve efficiency, increase productivity, and boost customer satisfaction by ensuring that deliveries are made on time, every time.

Furthermore, fleet maintenance can also contribute to environmental sustainability. Well-maintained vehicles tend to be more fuel-efficient, emit fewer pollutants, and have a lower carbon footprint compared to poorly maintained vehicles. By keeping vehicles in optimal condition, businesses can reduce their environmental impact and demonstrate their commitment to sustainability to customers and stakeholders.

Overall, fleet maintenance is an essential aspect of running a successful business with a fleet of vehicles. By prioritizing safety, protecting company assets, minimizing downtime, and supporting environmental sustainability, businesses can benefit in numerous ways from proper fleet maintenance practices. Investing time and resources into maintaining a fleet of vehicles can ultimately pay off by helping to reduce costs, improve operational efficiency, and enhance the overall success and reputation of the business.

Reference

  1. webinarcare – https://webinarcare.com/best-fleet-maintenance-software/fleet-maintenance-statistics/
  2. lytx – https://resources.lytx.com/blog/trucking-statistics-and-facts-for-fleet-managers
  3. route4me – https://support.route4me.com/faq/route-planning-glossary/what-is-fleet-management/
  4. alliedmarketresearch – https://www.alliedmarketresearch.com/fleet-management-market
  5. automotiveworld – https://www.automotiveworld.com/articles/fleet-management-market-value-to-triple-by-2030/
  6. netradyne – https://www.netradyne.com/blog/trucking-statistics-and-facts-for-fleet-managers-2022
  7. sciencedirect – https://www.sciencedirect.com/science/article/pii/S037722172031047X

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