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 main benefits of fleet maintenance is the potential to extend the lifespan of vehicles. By following a proactive maintenance schedule that includes regular inspections, oil changes, tire rotations, and tune-ups, fleet managers can identify and address any potential issues before they escalate into more significant problems. This not only helps prevent unexpected breakdowns but also allows the vehicles to operate at optimal performance levels, ultimately increasing their longevity.

An adequately maintained fleet can also improve safety on the roads. Regular maintenance checks can help identify worn-out brakes, tire issues, or other safety concerns that could put drivers, passengers, and other road users at risk. Ensuring that all vehicles are in top condition not only reduces the likelihood of accidents but also helps companies maintain a positive reputation in the community as responsible and safety-conscious operators.

From a financial standpoint, fleet maintenance can also be a cost-effective strategy in the long run. While investing in routine maintenance may seem like an added expense, the potential savings from preventing costly repairs and breakdowns far outweigh the initial costs. Well-maintained vehicles are less likely to experience major mechanical failures, leading to reduced downtime, lower repair bills, and a more predictable budget for operational costs.

Moreover, regular maintenance can also help improve fuel efficiency. Vehicles that are properly tuned, have clean air filters, and adequately inflated tires consume less fuel, ultimately cutting down on operating expenses and reducing the overall carbon footprint of the fleet. By investing in maintenance, companies can not only save money on fuel costs but also contribute to the greater goal of environmental sustainability.

In addition to the practical benefits, fleet maintenance can also have a positive impact on driver satisfaction and retention. Well-maintained vehicles are more comfortable to drive, less prone to breakdowns, and contribute to a smoother and safer driving experience. By prioritizing the maintenance of their fleet, companies can show their support for their drivers’ well-being and potentially reduce turnover rates by creating a more positive working environment.

In conclusion, fleet maintenance is a critical component of running a successful and efficient commercial vehicle operation. From increasing vehicle lifespan to improving safety, reducing costs, and enhancing driver satisfaction, the benefits of proactive maintenance are manifold. Rather than viewing maintenance as an unnecessary expense, companies should see it as a strategic investment in the long-term health and performance of their fleet. By prioritizing regular maintenance checks and adhering to a proactive maintenance schedule, companies can ensure that their vehicles operate at peak performance levels, enhancing their overall productivity and profitability.

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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