Progressive Markets added an in-depth report titled, “Global GPS Tracking Device Market- Size, Trend, Share, Opportunity Analysis & Forecast, 2015–2023”. According to the report, the global market is set to grow at a considerable CAGR during the forecast period. The report is a compilation of data acquired using rigorous research methodologies. Detailed figures and tables illustrate the market value based on every segment of the global GPS tracking device industry.
GPS tracking devices can accurately locate the position and track the movement of a vehicle or a person by obtaining precise, real-time location-based information. The device uses the global positioning system and its carriers to obtain the exact coordinates of the object being tracked. The information acquired is stored in the tracking unit and then transmitted to the central database of the system or to devices connected to the internet via a cellular or satellite network. Vehicle tracking systems have found widespread acceptance in the global market. The electronic device installed in the vehicle allows the owner or a third party to closely monitor and track their vehicles. A rise in the number of car thefts also fuels the need for efficient vehicle tracking systems.
Drivers & Restraints:
The report extensively covers the top market dynamic factors that result in the growth or failure of the GPS tracking device market. The rapid growth of the transportation and logistics industry has resulted in a growing demand for GPS tracking devices. The high performance delivered by the small-sized device appeals to the consumers, thus leading to the growth of the market. GPS tracking devices offer a high return on investments owing to their superior performance over a longer duration. In addition, the growing number of vehicles on the road due to the rapid expansion of the automotive industry has resulted in the development of the market.
However, the high cost of manufacturing gps tracking devices is expected to hinder the growth of the market. The lack of standardization and the impact of environmental factors act as major obstacles and impede the market’s growth.
GPS Tracking Device Market Key Segments:
By Type
- Data loggers
- Data pushers
- Data pullers
- Covert GPS Trackers
By Application
- Aerospace & Defense
- Oil & Gas
- Mining
- Transportation
- Others
By Geography
- North America
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- Australia
- China
- Japan
- India
- Singapore
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- Rest of LAMEA
The report predicts the GPS tracking device market size based on the previous market trends. The global GPS tracking device market is divided based on the type, application, and the geography. The types of tracking devices include data loggers, data pushers, data pullers, and covert GPS trackers. These devices find applications in several industries that range from aerospace & defense, mining, oil & gas, transportation, and other industries. Based on the geographical segmentation, the report analyzes the presence of the GPS tracking device industry across the globe in the regions of North America, Europe, Asia-Pacific, and LAMEA. The report includes the GPS tracking device market share based on every segment of the gps tracker market.
Key Players
The gps marketplace displays a competitive landscape with the leading players accounting for the largest market shares. The prominent players profiled in the report include Teltonika UAB, Queclink Wireless Solutions Co., Laird PLC., Geotab Inc., Orbcomm Inc, Sierra Wireless, Inc., Ltd, Atrack Technology Inc., Calamp Corporation, Tomtom International Bv, GPS Tracking Device market
and Shenzhen Concox Information Technology Co. The company overview, financials and business segments, and the recent developments made by them in the global GPS tracking devices market are included in the report to provide a deeper understanding of the market. The information assists in evaluating the level of competition in the market and provides a clearer view of the key winning strategies adopted by the key players to expand their reach in the gps tracking industry.
Key Benefits
The gps tracking device market analysis delves into the key decisive factors such as the drivers, restraints, and opportunities. Comprehensive analysis of the current market identifies the prevalent opportunities for the development of the market based on the geographical segmentation and assists the market players in devising business strategies. Porter’s Five Forces Analysis establishes the potency of the buyers and suppliers and provides a better understanding of the market trends and behavior. Quantitative analysis includes the GPS tracking device market forecast and assists in identifying the market potential in terms of revenue and profitability.
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis (2014-2016)
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porters Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global GPS Tracking Device Market shares Analysis, 2015
3.4.1. Global GPS Tracking Device Market by type, 2015
3.4.2. Global GPS Tracking Device Market by technology, 2015
3.4.3. Global GPS Tracking Device Market by Geography, 2015
3.4.4. Global GPS Tracking Device Market by Application, 2015
4. Global GPS Tracking Device Market by Type
4.1. Data loggers
4.1.1. Historical Market Size by Region
4.1.2. Market Forecast by Region
4.2. Data pushers
4.2.1. Historical Market Size by Region
4.2.2. Market Forecast by Region
4.3. Data pullers
4.3.1. Historical Market Size by Region
4.3.2. Market Forecast by Region
4.4. Covert GPS Trackers
4.4.1. Historical Market Size by Region
4.4.2. Market Forecast by Region
5. Global GPS Tracking Device Market by Application
5.1. Aerospace & Defense
5.1.1. Historical Market Size by Region
5.1.2. Market Forecast by Region
5.2. Oil & Gas
5.2.1. Historical Market Size by Region
5.2.2. Market Forecast by Region
5.3. Mining
5.3.1. Historical Market Size by Region
5.3.2. Market Forecast by Region
5.4. Transportation
5.4.1. Historical Market Size by Region
5.4.2. Market Forecast by Region
5.5. Others
5.5.1. Historical Market Size by Region
5.5.2. Market Forecast by Region
6. Global GPS Tracking Device Market by Geography
6.1. North America
6.1.1. U.S.
6.1.1.1. Historical Market Size by Region
6.1.1.2. Market Forecast by Region
6.1.2. Canada
6.1.2.1. Historical Market Size by Region
6.1.2.2. Market Forecast by Region
6.1.3. Mexico
6.1.3.1. Historical Market Size by Region
6.1.3.2. Market Forecast by Region
6.2. Europe
6.2.1. UK
6.2.1.1. Historical Market Size by Region
6.2.1.2. Market Forecast by Region
6.2.2. Germany
6.2.2.1. Historical Market Size by Region
6.2.2.2. Market Forecast by Region
6.2.3. France
6.2.3.1. Historical Market Size by Region
6.2.3.2. Market Forecast by Region
6.2.4. Spain
6.2.4.1. Historical Market Size by Region
6.2.4.2. Market Forecast by Region
6.2.5. Italy
6.2.5.1. Historical Market Size by Region
6.2.5.2. Market Forecast by Region
6.2.6. Rest of Europe
6.2.6.1. Historical Market Size by Region
6.2.6.2. Market Forecast by Region
6.3. Asia-Pacific
6.3.1. Australia
6.3.1.1. Historical Market Size by Region
6.3.1.2. Market Forecast by Region
6.3.2. China
6.3.2.1. Historical Market Size by Region
6.3.2.2. Market Forecast by Region
6.3.3. Japan
6.3.3.1. Historical Market Size by Region
6.3.3.2. Market Forecast by Region
6.3.4. India
6.3.4.1. Historical Market Size by Region
6.3.4.2. Market Forecast by Region
6.3.5. Singapore
6.3.5.1. Historical Market Size by Region
6.3.5.2. Market Forecast by Region
6.3.6. Rest of Asia-Pacific
6.3.6.1. Historical Market Size by Region
6.3.6.2. Market Forecast by Region
6.4. LAMEA
6.4.1. Latin America
6.4.1.1. Historical Market Size by Region
6.4.1.2. Market Forecast by Region
6.4.2. Middle East
6.4.2.1. Historical Market Size by Region
6.4.2.2. Market Forecast by Region
6.4.3. Africa
6.4.3.1. Historical Market Size by Region
6.4.3.2. Market Forecast by Region
7. Company profiles
7.1. Orbcomm Inc
7.1.1. Overview
7.1.2. Financials and business segments
7.1.3. Recent Developments
7.2. Laird PLC.
7.2.1. Overview
7.2.2. Financials and business segments
7.2.3. Recent Developments
7.3. Teltonika UAB
7.3.1. Overview
7.3.2. Financials and business segments
7.3.3. Recent Developments
7.4. Geotab Inc.
7.4.1. Overview
7.4.2. Financials and business segments
7.4.3. Recent Developments
7.5. Sierra Wireless Inc.
7.5.1. Overview
7.5.2. Financials and business segments
7.5.3. Recent Developments
7.6. Queclink Wireless Solutions Co. Ltd
7.6.1. Overview
7.6.2. Financials and business segments
7.6.3. Recent Developments
7.7. Tomtom International BV
7.7.1. Overview
7.7.2. Financials and business segments
7.7.3. Recent Developments
7.8. Atrack Technology Inc.
7.8.1. Overview
7.8.2. Financials and business segments
7.8.3. Recent Developments
7.9. Calamp Corporation
7.9.1. Overview
7.9.2. Financials and business segments
7.9.3. Recent Developments
7.10. Shenzhen Concox Information Technology Co. Ltd.
7.10.1. Overview
7.10.2. Financials and business segments
7.10.3. Recent Developments
List of Tables
Table 1. GPS Tracking Device Market Value, by Type, 2015-2023, $million
Table 2. GPS Tracking Device Market Value for Data loggers, by Region, 2015-2023, $million
Table 3. GPS Tracking Device Market Value for Data pushers, by Region, 2015-2023, $million
Table 4. GPS Tracking Device Market Value for Data pullers, by Region, 2015-2023, $million
Table 5. GPS Tracking Device Market Value for Covert GPS Trackers, by Region, 2015-2023, $million
Table 6. GPS Tracking Device Market Value, by Application, 2015-2023, $million
Table 7. GPS Tracking Device Market Value for Aerospace & Dfense, by Region, 2015-2023, $million
Table 8. GPS Tracking Device Market Value for Oil & Gas, by Region, 2015-2023, $million
Table 9. GPS Tracking Device Market Value for Mining, by Region, 2015-2023, $million
Table 10 GPS Tracking Device Market Value for Transportation, by Region, 2015-2023, $million
Table 11 GPS Tracking Device Market Value for Others, by Region, 2015-2023, $million
Table 12. GPS Tracking Device Market Value by Region, 2015-2023, $million
Table 13. GPS Tracking Device Market Value for North America, by Country, 2015-2023, $million
Table 14. GPS Tracking Device Market Value for North America, by Type, 2015-2023, $million
Table 15. GPS Tracking Device Market Value for North America, by Application, 2015-2023, $million
Table 16. GPS Tracking Device Market Value for Europe, by Country, 2015-2023, $million
Table 17. GPS Tracking Device Market Value for Europe, by Type, 2015-2023, $million
Table 18. GPS Tracking Device Market Value for Europe, by Application , 2015-2023, $million
Table 19. GPS Tracking Device Market Value for Asia-Pacific, by Country, 2015-2023, $million
Table 20. GPS Tracking Device Market Value for Asia-Pacific, by Type, 2015-2023, $million
Table 21. GPS Tracking Device Market Value for Asia-Pacific, by Application, 2015-2023, $million
Table 22. GPS Tracking Device Market Value for LAMEA, by Country, 2015-2023, $million
Table 23. GPS Tracking Device Market Value for LAMEA, by Type, 2015-2023, $million
Table 24. GPS Tracking Device Market Value for LAMEA, by Application, 2015-2023, $million
Table 23. Orbcomm Inc - Company Snapshot
Table 24. Laird PLC. - Company Snapshot
Table 25. Teltonika UAB - Company Snapshot
Table 26. Geotab Inc. - Company Snapshot
Table 27. Sierra Wireless Inc. - Company Snapshot
Table 28. Queclink Wireless Solutions Co. Ltd - Company Snapshot
Table 29. Tomtom International BV - Company Snapshot
Table 30. Atrack Technology Inc. - Company Snapshot
Table 31. Calamp Corporation - Company Snapshot
Table 32. Shenzhen Concox Information Technology Co. Ltd. - Company Snapshot
List of Figures
Figure 1. GPS Tracking Device Market Data Loggers Market Value, 2015-2023, $million
Figure 2. GPS Tracking Device Market Data Pushers Market Value, 2015-2023, $million
Figure 3. GPS Tracking Device Market Data Pullers Market Value, 2015-2023, $million
Figure 4. GPS Tracking Device Market Covert GPS Trackers Market Value, 2015-2023, $million
Figure 5. GPS Tracking Device Market Aerospace & Defense Market Value, 2015-2023, $million
Figure 6. GPS Tracking Device Market Oil & Gas Market Value, 2015-2023, $million
Figure 7. GPS Tracking Device Market Mining Market Value, 2015-2023, $million
Figure 8. GPS Tracking Device Market Transportation Market Value, 2015-2023, $million
Figure 9. GPS Tracking Device Market Others Market Value, 2015-2023, $million
Figure 10. GPS Tracking Device Market: U.S. Market Value, 2015-2023, $million
Figure 11. GPS Tracking Device Market: U.S. Market Value, 2015-2023, $million
Figure 12. GPS Tracking Device Market: Canada Market Value, 2015-2023, $million
Figure 13. GPS Tracking Device Market: Canada Market Value, 2015-2023, $million
Figure 14. GPS Tracking Device Market: Mexico Market Value, 2015-2023, $million
Figure 15. GPS Tracking Device Market: Mexico Market Value, 2015-2023, $million
Figure 16. GPS Tracking Device Market: UK Market Value, 2015-2023, $million
Figure 17. GPS Tracking Device Market: UK Market Value, 2015-2023, $million
Figure 18. GPS Tracking Device Market: Germany Market Value, 2015-2023, $million
Figure 19. GPS Tracking Device Market: Germany Market Value, 2015-2023, $million
Figure 20. GPS Tracking Device Market: France Market Value, 2015-2023, $million
Figure 21. GPS Tracking Device Market: France Market Value, 2015-2023, $million
Figure 22. GPS Tracking Device Market: Spain Market Value, 2015-2023, $million
Figure 23. GPS Tracking Device Market: Spain Market Value, 2015-2023, $million
Figure 24. GPS Tracking Device Market: Italy Market Value, 2015-2023, $million
Figure 25. GPS Tracking Device Market: Italy Market Value, 2015-2023, $million
Figure 26. GPS Tracking Device Market: Rest of Europe Market Value, 2015-2023, $million
Figure 27. GPS Tracking Device Market: Rest of Europe Market Value, 2015-2023, $million
Figure 28. GPS Tracking Device Market: China Market Value, 2015-2023, $million
Figure 29. GPS Tracking Device Market: China Market Value, 2015-2023, $million
Figure 30. GPS Tracking Device Market: Japan Market Value, 2015-2023, $million
Figure 31. GPS Tracking Device Market: Japan Market Value, 2015-2023, $million
Figure 32. GPS Tracking Device Market: India Market Value, 2015-2023, $million
Figure 33. GPS Tracking Device Market: India Market Value, 2015-2023, $million
Figure 34. GPS Tracking Device Market: Australia Market Value, 2015-2023, $million
Figure 35. GPS Tracking Device Market: Australia Market Value, 2015-2023, $million
Figure 36. GPS Tracking Device Market: South Korea Market Value, 2015-2023, $million
Figure 37. GPS Tracking Device Market: South Korea Market Value, 2015-2023, $million
Figure 38. GPS Tracking Device Market: Rest of Asia-Pacific Market Value, 2015-2023, $million
Figure 39. GPS Tracking Device Market: Rest of Asia-Pacific Market Value, 2015-2023, $million
Figure 40. GPS Tracking Device Market: Brazil Market Value, 2015-2023, $million
Figure 41. GPS Tracking Device Market: Brazil Market Value, 2015-2023, $million
Figure 42. GPS Tracking Device Market: Saudi Arabia Market Value, 2015-2023, $million
Figure 43. GPS Tracking Device Market: Saudi Arabia Market Value, 2015-2023, $million
Figure 44. GPS Tracking Device Market: South Africa Market Value, 2015-2023, $million
Figure 45. GPS Tracking Device Market: South Africa Market Value, 2015-2023, $million
Figure 46. GPS Tracking Device Market: Rest of LAMEA Market Value, 2015-2023, $million
Figure 47. GPS Tracking Device Market: Rest of LAMEA Market Value, 2015-2023, $million