Market Overview:
The Global GPS Locator Market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for real-time location tracking and rising adoption of GPS locators in smart devices, vehicles, pets, and military applications. Based on type, the global GPS locator market can be segmented into real-time location and regular-time location. Real-time location is expected to witness higher growth during the forecast period owing to its growing demand in fleet management and logistics applications. Based on application, the global GPS locator market can be segmented into smart devices, vehicles, pets, military applications, and others (including construction equipment & heavy machinery). Smart devices are anticipated to account for a major share of the global GPS locator market during the forecast period as they are increasingly being used for tracking purposes across various industries.
Product Definition:
A GPS locator is a device that uses the Global Positioning System to determine its location. It can be used for navigation, tracking, or security purposes.
Real-time Location:
Real-time location is the capability of determining and providing the position of a mobile device or system at any given time. It can be defined as follows: The ability to determine and provide the position of a mobile device or system at any given time.
regular-time Location:
Regular time location is the information that a mobile phone provider gives out about its users. It includes information such as the user's real-time position, speed, and direction in terms of GPS satellites' signals. The data is used by several applications including games and social networking sites to provide features such as leaderboards for competitive purposes.
Application Insights:
The vehicle application segment accounted for the largest revenue share of over 40% in 2017. The need to track vehicles for maintenance purposes is increasing with the growing number of aging vehicles. In addition, a rise in commercial and military transits across various regions has increased the demand for tracking devices, thereby driving the global GPS locator market growth. Moreover, introduction of advanced tracking systems by companies such as TomTom International BV is expected to drive product demand over the forecast period.
The pet application segment accounted for a significant revenue share in 2017 owing to rising adoption rate of pet animals worldwide and increasing awareness about animal safety among consumers at large scale economies across various regions including North America and Europe Pacific countries such as U.S., Canada, Mexico). Increasing consumer spending on pet food & supplies along with rising concerns regarding animal safety at large scale economies across various regions including North America and Europe Pacific countries such as U.S.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the presence of prominent players such as Garmin Ltd., Trimble Navigation Ltd., and Telesensors, Inc. In addition, increasing demand for real-time location solutions is further expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising smartphone penetration and expanding application scope of GPS devices in emerging economies such as India and China. Furthermore, growing investments by prominent companies in developing R&D capabilities are also expected drive regional demand during the forecast period. For instance, In January 2016, Google LLC partnered with Taiwan Semiconductor Manufacturing Co., Ltd (TSMC) for exploring potential business opportunities across Asia Pacific region including India and China at a conference held in Taiwan Semiconductor Manufacturing Company Limited (TSMC).
Growth Factors:
- Increasing demand for GPS locators in automotive and transportation sector
- Growing popularity of location-based services (LBS)
- Proliferation of smartphones and other mobile devices
- Development of innovative features and applications for GPS locators
- Rising awareness about the benefits of using GPS locators
Scope Of The Report
Report Attributes
Report Details
Report Title
GPS Locator Market Research Report
By Type
Real-time Location, regular-time Location
By Application
Smart Device, Vehicle, Pet, Military, Others
By Companies
Amber Alert GPS, BrickHouse Security, Trackimo, AngelSense, Spy Tec, Trax, Spot, Yepzon, My Buddy Tag, FollowMee, Optimus Tracker, ACR Electronics, Shenzhen Boshijie
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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global GPS Locator Market Report Segments:
The global GPS Locator market is segmented on the basis of:
Types
Real-time Location, regular-time Location
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
Smart Device, Vehicle, Pet, Military, 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:
- Amber Alert GPS
- BrickHouse Security
- Trackimo
- AngelSense
- Spy Tec
- Trax
- Spot
- Yepzon
- My Buddy Tag
- FollowMee
- Optimus Tracker
- ACR Electronics
- Shenzhen Boshijie
Highlights of The GPS Locator 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:
- Real-time Location
- regular-time Location
- By Application:
- Smart Device
- Vehicle
- Pet
- Military
- 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 Locator 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
GPS Locator is a location-tracking app that uses GPS to track the whereabouts of a device.
Some of the major companies in the gps locator market are Amber Alert GPS, BrickHouse Security, Trackimo, AngelSense, Spy Tec, Trax, Spot, Yepzon, My Buddy Tag, FollowMee, Optimus Tracker, ACR Electronics, Shenzhen Boshijie.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 GPS Locator 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 Locator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 GPS Locator 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 Locator 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 Locator Market Size & Forecast, 2020-2028
4.5.1 GPS Locator Market Size and Y-o-Y Growth
4.5.2 GPS Locator Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Real-time Location
5.2.2 regular-time Location
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Smart Device
6.2.2 Vehicle
6.2.3 Pet
6.2.4 Military
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global GPS Locator 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 Locator 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Real-time Location
9.6.2 regular-time Location
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 Market Size Forecast by Applications
9.10.1 Smart Device
9.10.2 Vehicle
9.10.3 Pet
9.10.4 Military
9.10.5 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Real-time Location
10.6.2 regular-time Location
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 Market Size Forecast by Applications
10.10.1 Smart Device
10.10.2 Vehicle
10.10.3 Pet
10.10.4 Military
10.10.5 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Real-time Location
11.6.2 regular-time Location
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 Market Size Forecast by Applications
11.10.1 Smart Device
11.10.2 Vehicle
11.10.3 Pet
11.10.4 Military
11.10.5 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Real-time Location
12.6.2 regular-time Location
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 Market Size Forecast by Applications
12.10.1 Smart Device
12.10.2 Vehicle
12.10.3 Pet
12.10.4 Military
12.10.5 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Real-time Location
13.6.2 regular-time Location
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) Market Size Forecast by Applications
13.10.1 Smart Device
13.10.2 Vehicle
13.10.3 Pet
13.10.4 Military
13.10.5 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 Locator Market: Competitive Dashboard
14.2 Global GPS Locator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amber Alert GPS
14.3.2 BrickHouse Security
14.3.3 Trackimo
14.3.4 AngelSense
14.3.5 Spy Tec
14.3.6 Trax
14.3.7 Spot
14.3.8 Yepzon
14.3.9 My Buddy Tag
14.3.10 FollowMee
14.3.11 Optimus Tracker
14.3.12 ACR Electronics
14.3.13 Shenzhen Boshijie
