Fleet Maintenance Statistics 2024
– Everything You Need to Know


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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

First and foremost, regular fleet maintenance significantly improves the overall performance and reliability of vehicles. Just like any other machinery, fleet vehicles require regular care and attention to function at their best. Routine checks and inspections ensure that all components are in working order, preventing potential breakdowns and keeping vehicles on the road for longer periods of time. This not only increases productivity but also reduces the risk of costly repairs and unexpected downtime.

In addition to preventing breakdowns, fleet maintenance also plays a crucial role in ensuring the safety of both drivers and the general public. Regular inspections, including tire checks and brake maintenance, can identify potential hazards and address them before they cause accidents. This becomes even more important in industries where vehicles operate in demanding conditions, such as transportation of hazardous materials or the delivery of heavy goods. By investing in fleet maintenance, organizations are actively promoting the safety of their drivers and the communities they serve.

Furthermore, fleet maintenance helps organizations stay on top of compliance and regulatory requirements. Many industries have specific guidelines and regulations that fleet vehicles must adhere to, such as emission standards or safety regulations. By implementing a robust maintenance program, businesses can ensure that their vehicles meet or exceed these requirements. This not only prevents legal complications but also promotes a positive brand image and enhances customer trust.

Another significant benefit of fleet maintenance is its impact on the longevity of vehicles. By implementing regular maintenance schedules, organizations can extend the lifespan of their fleet significantly. This means that businesses can get more value out of their initial investments and reduce the need for costly replacements. Maintaining vehicles in optimal condition also allows businesses to plan their future expenses more efficiently and budget for replacements or upgrades.

Moreover, effective fleet maintenance has a positive effect on fuel efficiency and emissions. Regular tune-ups and maintenance processes, such as oil changes, air filter replacements, and tire pressure checks, can optimize fuel consumption and reduce the carbon footprint of a fleet. This not only saves businesses money on fuel expenses but also showcases a commitment to environmental sustainability.

In conclusion, fleet maintenance is an indispensable aspect of any organization relying on a fleet of vehicles. The benefits are extensive and cover various areas, ranging from increased performance and reliability to improved safety, compliance, and environmental consciousness. The investment in fleet maintenance might seem significant, but the long-term cost savings and enhanced productivity make it an incredibly useful practice that any fleet-based business should prioritize.

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

About Author & Editorial Staff

Steve Goldstein, founder of LLCBuddy, is a specialist in corporate formations, dedicated to guiding entrepreneurs and small business owners through the LLC process. LLCBuddy provides a wealth of streamlined resources such as guides, articles, and FAQs, making LLC establishment seamless. The diligent editorial staff makes sure content is accurate, up-to-date information on topics like state-specific requirements, registered agents, and compliance. Steve's enthusiasm for entrepreneurship makes LLCBuddy an essential and trustworthy resource for launching and running an LLC.

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