Market Overview:
The global GPS car tracker 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 fleet management and personal use applications of GPS car trackers. Additionally, the growing awareness about safety and security among consumers is also propelling the growth of this market. On the basis of type, the global GPS car tracker market can be segmented into wired and wireless GPS car trackers. The wired GPS car tracker segment is expected to account for a larger share of this market than the wireless GPS car tracker segment during the forecast period. This can be attributed to their low cost as compared to wireless GPS car trackers and their easy installation process.
Product Definition:
GPS car trackers are devices that use the Global Positioning System to track the location of a vehicle. They can be used for a variety of purposes, including fleet management, stolen vehicle recovery, and parental supervision.
Wired GPS Car Tracker:
Wired GPS Car Tracker is a device that is plugged into the on-board diagnostics (OBD) port of a vehicle. It works by receiving and transmitting data to and from the vehicle’s engine control unit via an internal antenna. The information gathered includes speed, position, and other vital parameters regarding driving habits. This information can be used for several purposes including fleet management, driver tracking & monitoring, safety & security applications among others.
Wireless GPS Car Tracker:
Wireless GPS Car Tracker is a device that enables users to track the position of a vehicle in real-time. It works on the Global Positioning System (GPS). The basic function of GPS car tracker is to provide real-time location information, which includes details such as the latitude and longitude where the tracked vehicle is currently located.
Application Insights:
The personal use application segment accounted for the largest revenue share in 2017. The growth can be attributed to the increasing usage of location-based applications, such as mobile phones and social media, by individuals for tracking vehicles that have been stolen or loaned out by their owners. Moreover, a rise in consumer awareness about vehicle safety is also expected to contribute towards market growth over the forecast period.
The fleet management application segment is anticipated to witness significant growth over the forecast period owing to several advantages offered by global GPS car tracker systems namely asset protection, driver behavior monitoring and employee time attendance. Furthermore, an increase in demand for cost-effective solutions that offer enhanced productivity will fuel industry expansion further.
Fleet managers are able to monitor vehicle locations continuously.
Regional Analysis:
North America dominated the global GPS car tracker market in terms of revenue share in 2017. The growth can be attributed to the presence of a large number of fleet management companies and high vehicle theft rate in the region. According to Fleetmatics, LLC, an American company that provides fleet tracking and management solutions; around 60% to 70% vehicles are stolen within 24 hours of leaving a garage or parking lot. Thus, it is essential for employers and parents to ensure that their vehicles are always trackable while they are away from them. This factor is expected to drive regional demand over the forecast period.
Asia Pacific market was valued at USD X million in 2017 owing its vast population base with increasing disposable income levels resulting into increased vehicle sales across countries such as India, China, Japan among others which will boost regional growth over next eight years or so till 2030 timeframe).
Growth Factors:
- Increasing demand for GPS car trackers from the commercial sector as a result of rising security concerns
- Growing popularity of GPS-enabled smartphones and tablets, which is aiding the uptake of GPS car trackers
- Proliferation of low-cost GPS car tracker devices, making them more affordable for consumers
- Increasing number of partnerships between automakers and technology companies to develop advanced in-vehicle tracking systems
- Rising demand for location-based services (LBS) among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
GPS Car Tracker Market Research Report
By Type
Wired GPS Car Tracker, Wireless GPS Car Tracker
By Application
Fleet Management, Personal Use, Others
By Companies
Orbocomm, Meitrack, Queclink, Concox Information Technology, Teltonika, CalAmp, Tomtom, Shenzhen Eelink Communication Technology, Sierra Wireless, ThinkRace Technology, ARKNAV, Jimi Electronic, Trackimo, Suntech International, Ruptela, Shenzhen Coban Electronics, Starcom Systems, Gosafe Company Ltd., Huizhou Great-Will Industrial, GOTOP Limited
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global GPS Car Tracker Market Report Segments:
The global GPS Car Tracker market is segmented on the basis of:
Types
Wired GPS Car Tracker, Wireless GPS Car Tracker
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
Fleet Management, Personal Use, Others
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
- Shenzhen Eelink Communication Technology
- Sierra Wireless
- ThinkRace Technology
- ARKNAV
- Jimi Electronic
- Trackimo
- Suntech International
- Ruptela
- Shenzhen Coban Electronics
- Starcom Systems
- Gosafe Company Ltd.
- Huizhou Great-Will Industrial
- GOTOP Limited
Highlights of The GPS Car Tracker 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 GPS Car Tracker
- Wireless GPS Car Tracker
- By Application:
- Fleet Management
- Personal Use
- Others
- 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 GPS Car Tracker 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.
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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?
A GPS car tracker is a small device that attaches to your car and transmits location data to a receiver. This information can be used to track the whereabouts of your vehicle, even when you're not driving it.
Some of the major players in the gps car tracker market are Orbocomm, Meitrack, Queclink, Concox Information Technology, Teltonika, CalAmp, Tomtom, Shenzhen Eelink Communication Technology, Sierra Wireless, ThinkRace Technology, ARKNAV, Jimi Electronic, Trackimo, Suntech International, Ruptela, Shenzhen Coban Electronics, Starcom Systems, Gosafe Company Ltd., Huizhou Great-Will Industrial, GOTOP Limited.
The gps car tracker 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 GPS Car Tracker 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 GPS Car Tracker Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 GPS Car Tracker 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 GPS Car Tracker 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 GPS Car Tracker Market Size & Forecast, 2018-2028 4.5.1 GPS Car Tracker Market Size and Y-o-Y Growth 4.5.2 GPS Car Tracker Market Absolute $ Opportunity
Chapter 5 Global GPS Car Tracker 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 GPS Car Tracker Market Size Forecast by Type
5.2.1 Wired GPS Car Tracker
5.2.2 Wireless GPS Car Tracker
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global GPS Car Tracker 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 GPS Car Tracker Market Size Forecast by Applications
6.2.1 Fleet Management
6.2.2 Personal Use
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global GPS Car Tracker 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 GPS Car Tracker 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 GPS Car Tracker Analysis and Forecast
9.1 Introduction
9.2 North America GPS Car Tracker 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 GPS Car Tracker Market Size Forecast by Type
9.6.1 Wired GPS Car Tracker
9.6.2 Wireless GPS Car Tracker
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 GPS Car Tracker Market Size Forecast by Applications
9.10.1 Fleet Management
9.10.2 Personal Use
9.10.3 Others
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 GPS Car Tracker Analysis and Forecast
10.1 Introduction
10.2 Europe GPS Car Tracker 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 GPS Car Tracker Market Size Forecast by Type
10.6.1 Wired GPS Car Tracker
10.6.2 Wireless GPS Car Tracker
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 GPS Car Tracker Market Size Forecast by Applications
10.10.1 Fleet Management
10.10.2 Personal Use
10.10.3 Others
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 GPS Car Tracker Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific GPS Car Tracker 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 GPS Car Tracker Market Size Forecast by Type
11.6.1 Wired GPS Car Tracker
11.6.2 Wireless GPS Car Tracker
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 GPS Car Tracker Market Size Forecast by Applications
11.10.1 Fleet Management
11.10.2 Personal Use
11.10.3 Others
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 GPS Car Tracker Analysis and Forecast
12.1 Introduction
12.2 Latin America GPS Car Tracker 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 GPS Car Tracker Market Size Forecast by Type
12.6.1 Wired GPS Car Tracker
12.6.2 Wireless GPS Car Tracker
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 GPS Car Tracker Market Size Forecast by Applications
12.10.1 Fleet Management
12.10.2 Personal Use
12.10.3 Others
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) GPS Car Tracker Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) GPS Car Tracker 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) GPS Car Tracker Market Size Forecast by Type
13.6.1 Wired GPS Car Tracker
13.6.2 Wireless GPS Car Tracker
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) GPS Car Tracker Market Size Forecast by Applications
13.10.1 Fleet Management
13.10.2 Personal Use
13.10.3 Others
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 GPS Car Tracker Market: Competitive Dashboard
14.2 Global GPS Car Tracker 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 Shenzhen Eelink Communication Technology
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 Shenzhen Coban Electronics
14.3.17 Starcom Systems
14.3.18 Gosafe Company Ltd.
14.3.19 Huizhou Great-Will Industrial
14.3.20 GOTOP Limited