The GPS Tracking Devices market research report is prepared by conducting a systematic, objective, and comprehensive study of the details on various subjects in the field of marketing. Not to mention, a number of steps were used to collect, analyze, and record the data and information to create the report. This market report analyzes the potential of the market in terms of the current scenario and future prospects while considering numerous industry aspects. The market drivers and restrictions have been explained here using the SWOT analysis. Corporations can safely use this Top Quality GPS Tracking Devices Market report to achieve an absolute success.
The GPS tracking device market is expected to have a healthy CAGR of 12.10% over the forecast period 2019-2026. Global GPS Tracking Devices Market by Type (Standalone Tracker, OBD Device, Advance Tracker), Use Type (Commercial Vehicle, Freight & Container, Others), GPS Tracking Device (Satellite, Cellular), Industry (Transportation & Logistics, Construction, Oil & Gas, Metals & Mining, Government, Other), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) Industry Trends and Forecast to 2026
The GPS Tracking Devices market report has the systematic study of the current market scenario covering various market dynamics. The report mentions the company profiles of all the leading and dominant market players and brands taking steps such as product launches, joint ventures, mergers and acquisitions. This GPS Tracking Devices market report offers a comprehensive view of product specifications, technology, product type, and production analysis considering key factors like sales, cost, gross, and gross margin. Company Profiles, which are covered in this GPS Tracking Device Report, can be very useful in making sales, import, export, and consumption decisions for the company.
- The increase in capital through corporate vehicles on a wide variety of GPS systems is a driving factor for market growth
- The small size, longer lifespan, and dominant ROI of GPS devices are fueling market growth
- Lower prices for GPS devices mean that the market is growing
- An upgrade of the software drives the market growth
- Many environmental issues result in poor user experience that stifles market growth
- The effects of the non-standard products are hindering market growth
Company coverage (company profile, sales, price, gross margin, main products, etc.)
We provide a detailed analysis of the major players in the GPS Locator Market: CalAmp, Sierra Wireless, ORBCOMM, Queclink Wireless Solutions Co., Ltd., Concox Information Technology Co., Ltd., Laird, TomTom International BV. , Meiligao GroupTELTONIKA, ATrack Technology Inc., Geotab Inc., Spy Tec International, Rekvizitai.lt Lithuania, Lantronix, Inc., Xirgo Technologies., GPS Insight, ClearPathGPS, Inc., Azuga, Agile Fleet, US Fleet Tracking, ARIHANT ELECTRICALS , Shenzhen Eelink Communication Technology Co., Ltd., GPS SYSTEMS INDIA, AssetTrackr Pvt Ltd.
Important years considered in the study are:
Historic year – 2014-2019;
Base year – 2019;
Forecast period 2020 to 2026
Key Segmentation: Global GPS Tracking Devices Market
- Standalone tracker
- OBD device
- Advance tracker
By deployment type
- Commercial vehicle
- Freight and containers
With the GPS tracking device
According to industries
- Transport & logistics
- Metals & Mining
According to geography
- North America
- South America
- Asia Pacific
- Middle East and Africa
Major developments in the market
- In July 2019, ATrack Technology Inc., a renowned manufacturer of GPS telematics products, introduced its new product AK7V. The AK7V is a vehicle tracking device that has advanced features and is economical, which seems to be perfect for the fleet management solution for customers worldwide
- In February 2019, GPS Trackit announced the acquisition of TSO Mobile, InTouch GPS and FleetTrax. With this acquisition, the company intends to expand its tracking solution portfolio. In addition, the company could triple its customer base and offer them better products to meet consumer needs
Table of Contents: Global GPS Tracking Devices Market
Part 01: Summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Size
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision making framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Supplier Landscape
Part 15: Supplier Analysis
Part 16: Appendix
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Adaptation of the report
The report includes the full segmentation shown above in all of the countries listed above
All products covered in the market, product volume and average sales prices are listed as customizable options that may incur no or minimal additional costs (depending on the customization).
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