Market Overview:
The global car locator devices market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for safety and security features in vehicles, rising number of thefts and accidents, and growing awareness about car locator devices among consumers. The global car locator devices market is segmented on the basis of type into wired car locators and wireless car locators. The wired car locators segment is expected to account for a larger share of the global market than the wireless Car Locators segment during the forecast period. This can be attributed to their low cost as compared to wireless Car Locaters, easy installation process, and longer battery life as compared to wireless Car Locaters. On the basis of application, the global Car Locater Devices Market is divided into passenger vehicles and commercial vehicles segments. The passenger vehicle segment accounted for a larger share of this market in 2017 owingtothe increasing demand for safety features in passenger cars across different regions worldwide .
Product Definition:
A car locator device is a small, electronic tracking device that attaches to a vehicle and emits a signal that can be tracked by GPS. Car locator devices are used to locate lost or stolen vehicles. They can also be used to monitor the location of a vehicle for safety purposes, such as in case of an emergency.
Wired Car Locator:
Wired car locator is a tracking device which helps in locating a car by establishing an electromagnetic connection between the vehicle and tracker. The device works on the principle of induction and uses two coils of wire, one for transmitting signals to locate the position of the vehicle while other receives signals from it.
Wireless Car Locator:
A wireless car locator is a device that helps in locating the position of the vehicle. It does this by broadcasting a signal which is received by mobile phones and other such devices which are connected to the internet. The advantage of using wireless car locators over conventional ones is that it does not require any external antenna, thereby saving cost and improving battery life.
The global Wireless Car Locator.
Application Insights:
The passenger vehicle segment dominated the global car locator devices market in 2017 and is expected to maintain its lead over the forecast period. The growing number of smartphone users, especially in developed regions such as North America and Europe, has contributed significantly to this segment. In addition, increasing consumer preference for using smartphones as a substitute for car keys has also driven demand for these devices globally.
Increasing use of connected cars across industries such as automotive, transportation and logistics among others is anticipated to drive the growth of the commercial vehicle segment over the forecast period. Furthermore, governments around the world are increasingly mandating installation of these devices in commercial vehicles so that they can track their movements more easily. This will help curb illegal activities such as smuggling and trafficking which have been gaining traction across several countries worldwide recently due to a rise in organized crime activities within criminal networks operating across international borders or between different countries within regional groupings.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing road accidents, rising number of vehicles on roads, and growing demand for car safety systems & gadgets in the region. According to a study conducted by IIHS (Insurance Institute for Highway Safety), from 2011 to 2015, front crash prevention systems reduced fatalities caused due to collision with an object or a stationary vehicle by 40%. Moreover, these safety systems help drivers avoid hitting pedestrians or cyclists while braking automatically.
Growth Factors:
- Increasing demand for car locator devices from the automotive sector as a result of increasing safety concerns.
- Growing demand for car locator devices from the logistics and transportation sector due to the increasing need for fleet management and tracking solutions.
- Proliferation of smartphones and other connected devices, which is aiding in the growth of the car locator device market as these devices provide location-tracking features that can be used to track cars.
- The development of innovative technologies such as real-time GPS tracking, which is helping to fuel the growth of the car locator device market by providing enhanced functionality and features to users.
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Locator Devices Market Research Report
By Type
Wired Car Locator, Wireless Car Locator
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Orbocomm, Meitrack, Queclink, Concox Information Technology, Teltonika, CalAmp, Tomtom, Eelink, Sierra Wireless, ThinkRace Technology, ARKNAV, Jimi Electronic, Trackimo, Suntech International, Ruptela, Coban, Starcom Systems, Gosafe, Huizhou Great-Will Industrial, GOTOP
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Car Locator Devices Market Report Segments:
The global Car Locator Devices market is segmented on the basis of:
Types
Wired Car Locator, Wireless Car Locator
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Orbocomm
- Meitrack
- Queclink
- Concox Information Technology
- Teltonika
- CalAmp
- Tomtom
- Eelink
- Sierra Wireless
- ThinkRace Technology
- ARKNAV
- Jimi Electronic
- Trackimo
- Suntech International
- Ruptela
- Coban
- Starcom Systems
- Gosafe
- Huizhou Great-Will Industrial
- GOTOP
Highlights of The Car Locator Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wired Car Locator
- Wireless Car Locator
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Car Locator Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Car locator devices are a type of tracking device that can be attached to a vehicle in order to help locate it. They typically use GPS technology to track the whereabouts of the vehicle, and can send alerts if it is moved or if there is an issue with its battery.
Some of the key players operating in the car locator devices market are Orbocomm, Meitrack, Queclink, Concox Information Technology, Teltonika, CalAmp, Tomtom, Eelink, Sierra Wireless, ThinkRace Technology, ARKNAV, Jimi Electronic, Trackimo, Suntech International, Ruptela, Coban, Starcom Systems, Gosafe, Huizhou Great-Will Industrial, GOTOP.
The car locator devices market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Car Locator Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Car Locator Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Car Locator Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Car Locator Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Car Locator Devices Market Size & Forecast, 2018-2028
4.5.1 Car Locator Devices Market Size and Y-o-Y Growth
4.5.2 Car Locator Devices Market Absolute $ Opportunity
Chapter 5 Global Car Locator Devices Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Car Locator Devices Market Size Forecast by Type
5.2.1 Wired Car Locator
5.2.2 Wireless Car Locator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Car Locator Devices Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Car Locator Devices Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car Locator Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Car Locator Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Car Locator Devices Analysis and Forecast
9.1 Introduction
9.2 North America Car Locator Devices Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Car Locator Devices Market Size Forecast by Type
9.6.1 Wired Car Locator
9.6.2 Wireless Car Locator
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Car Locator Devices Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Car Locator Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Car Locator Devices Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Car Locator Devices Market Size Forecast by Type
10.6.1 Wired Car Locator
10.6.2 Wireless Car Locator
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Car Locator Devices Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Car Locator Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Car Locator Devices Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Car Locator Devices Market Size Forecast by Type
11.6.1 Wired Car Locator
11.6.2 Wireless Car Locator
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Car Locator Devices Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Car Locator Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Car Locator Devices Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Car Locator Devices Market Size Forecast by Type
12.6.1 Wired Car Locator
12.6.2 Wireless Car Locator
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Car Locator Devices Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Car Locator Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Car Locator Devices Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Car Locator Devices Market Size Forecast by Type
13.6.1 Wired Car Locator
13.6.2 Wireless Car Locator
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Car Locator Devices Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Car Locator Devices Market: Competitive Dashboard
14.2 Global Car Locator Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Orbocomm
14.3.2 Meitrack
14.3.3 Queclink
14.3.4 Concox Information Technology
14.3.5 Teltonika
14.3.6 CalAmp
14.3.7 Tomtom
14.3.8 Eelink
14.3.9 Sierra Wireless
14.3.10 ThinkRace Technology
14.3.11 ARKNAV
14.3.12 Jimi Electronic
14.3.13 Trackimo
14.3.14 Suntech International
14.3.15 Ruptela
14.3.16 Coban
14.3.17 Starcom Systems
14.3.18 Gosafe
14.3.19 Huizhou Great-Will Industrial
14.3.20 GOTOP
