Market Overview:
The Global GPS Tracking Device Market is expected to grow at a CAGR of XX% and is projected to reach USD XX million by 2030. The market growth is attributed to the increasing demand for GPS tracking devices in transportation and logistics, metals and mining, construction, and other applications. Based on type, the market is segmented into satellite-based GPS tracking devices and cellular-based GPS tracking devices. The satellite-based segment dominates the global market owing to its advantages such as wide area coverage, high accuracy, long battery life, etc. However, the cellular-based segment is expected to grow at a higher CAGR during the forecast period due to its low installation cost and easy portability. Based on application, the market is divided into transportation & logistics; metals & mining; construction; oil & gas; maritime transport; land transport; others (agriculture sector etc.). Among these applications segments Transportation & Logistics held dominant share in 2017 followed by Metals Mining owing increased adoption of these devices across various industrial verticals for better operational efficiency .
Product Definition:
GPS tracking device is a small electronic gadget that is used to track the geographical location of a vehicle or person. It uses Global Positioning System (GPS) technology to track the location of the object and then sends this information to a computer or handheld device. GPS tracking devices are used for various purposes such as fleet management, personal safety, theft recovery, etc.
Satellite:
Satellite is the word used for a group of one or more artificial satellites that orbit a planet, Satellite helps in providing communication and transportation across the globe. The earth’s natural satellite is also known as the geostationary satellite, which remains fixed over one position on its circular path around the earth. These satellites are used to provide communications and navigational services across the globe. Additionally, these are also being widely used in monitoring weather conditions across different parts of Earth continuously.
Cellular:
Cellular is a network technology that uses radio waves to communicate. It covers the range from 3G to LTE and is used in mobile phones, tablets, and other devices. The main function of cellular technology in GPS tracking device is for providing location information of the tracked object through wireless communication with the server.
Application Insights:
The transportation and logistics application segment accounted for the largest revenue share in 2017. The growth can be attributed to the increasing use of Global Positioning Systems in air, land, and sea transport industries. Moreover, a rise in e-commerce has also led to an increased need for tracking devices with enhanced accuracy. The product is widely used by companies offering door-to-door delivery services as well as those operating intermodal containers across various industries such as food & beverage; pharmaceuticals; chemicals; pulp & paper; and many more.
The metals and mining sector is expected to emerge as one of the fastest growing sectors over the forecast period owing to factors such as rapid urbanization coupled with rising demand for high technology products among consumers globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well due to presence of prominent players, high disposable income of consumers, and government initiatives for enhanced road infrastructure in countries such as U.S., Canada, and Mexico. For instance, according to a white paper published by Trimble Navigation Ltd., Canada has invested around USD X billion for development of transportation infrastructure from 2014 to 2018 which is one of the highest investments across various industries in that country during that period.
Asia Pacific regional market captured a revenue share exceeding 20% in 2017 owing to increasing number of mining activities across several Asian countries such as Australia and China which resulted into increased demand for metal detectors and other related products used for finding valuable metals underground at construction sites or while traveling with vehicles on roads.
Growth Factors:
- Increasing demand for GPS tracking devices in automotive and logistics industries for fleet management and asset tracking purposes.
- Proliferation of smartphones and other mobile devices with GPS capabilities, which has led to an increase in the demand for consumer-based GPS tracking devices.
- The increasing popularity of fitness trackers and health monitors, which often incorporate GPS functionality, is also contributing to the growth of the global GPS tracking device market.
- Growing concerns over personal safety and security are driving the adoption of portable GPS tracking devices as a means to improve situational awareness and protect against theft or loss.
Scope Of The Report
Report Attributes
Report Details
Report Title
GPS Tracking Device Market Research Report
By Type
Satellite, Cellular
By Application
Transportation & Logistics, Metals & Mining, Construction
By Companies
Calamp, Sierra Wireless, Orbocomm, Queclink Wireless Solutions, Shenzhen Concox Information Technology, Laird, Tomtom International, Meitrack, Teltonika Uab, Atrack Technology, Trackimo, Geotab
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global GPS Tracking Device Market Report Segments:
The global GPS Tracking Device market is segmented on the basis of:
Types
Satellite, Cellular
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
Transportation & Logistics, Metals & Mining, Construction
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:
- Calamp
- Sierra Wireless
- Orbocomm
- Queclink Wireless Solutions
- Shenzhen Concox Information Technology
- Laird
- Tomtom International
- Meitrack
- Teltonika Uab
- Atrack Technology
- Trackimo
- Geotab
Highlights of The GPS Tracking Device 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:
- Satellite
- Cellular
- By Application:
- Transportation & Logistics
- Metals & Mining
- Construction
- 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 Tracking Device 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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- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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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 tracking device is a small, portable device that can be attached to a vehicle or person to track their movements. The tracker uses satellite technology to send location data back to the owneru2019s computer or phone, allowing them to follow the whereabouts of their device in real-time.
Some of the key players operating in the gps tracking device market are Calamp, Sierra Wireless, Orbocomm, Queclink Wireless Solutions, Shenzhen Concox Information Technology, Laird, Tomtom International, Meitrack, Teltonika Uab, Atrack Technology, Trackimo, Geotab.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. GPS Tracking Device Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. GPS Tracking Device Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. GPS Tracking Device Market - Supply Chain
4.5. Global GPS Tracking Device Market Forecast
4.5.1. GPS Tracking Device Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. GPS Tracking Device Market Size (000 Units) and Y-o-Y Growth
4.5.3. GPS Tracking Device Market Absolute $ Opportunity
5. Global GPS Tracking Device Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. GPS Tracking Device Market Size and Volume Forecast by Type
5.3.1. Satellite
5.3.2. Cellular
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global GPS Tracking Device Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. GPS Tracking Device Market Size and Volume Forecast by Application
6.3.1. Transportation & Logistics
6.3.2. Metals & Mining
6.3.3. Construction
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global GPS Tracking Device Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. GPS Tracking Device Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global GPS Tracking Device Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. GPS Tracking Device Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global GPS Tracking Device Demand Share Forecast, 2019-2026
9. North America GPS Tracking Device Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America GPS Tracking Device Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America GPS Tracking Device Market Size and Volume Forecast by Application
9.4.1. Transportation & Logistics
9.4.2. Metals & Mining
9.4.3. Construction
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America GPS Tracking Device Market Size and Volume Forecast by Type
9.7.1. Satellite
9.7.2. Cellular
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America GPS Tracking Device Demand Share Forecast, 2019-2026
10. Latin America GPS Tracking Device Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America GPS Tracking Device Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America GPS Tracking Device Market Size and Volume Forecast by Application
10.4.1. Transportation & Logistics
10.4.2. Metals & Mining
10.4.3. Construction
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America GPS Tracking Device Market Size and Volume Forecast by Type
10.7.1. Satellite
10.7.2. Cellular
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America GPS Tracking Device Demand Share Forecast, 2019-2026
11. Europe GPS Tracking Device Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe GPS Tracking Device Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe GPS Tracking Device Market Size and Volume Forecast by Application
11.4.1. Transportation & Logistics
11.4.2. Metals & Mining
11.4.3. Construction
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe GPS Tracking Device Market Size and Volume Forecast by Type
11.7.1. Satellite
11.7.2. Cellular
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveess/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe GPS Tracking Device Demand Share, 2019-2026
12. Asia Pacific GPS Tracking Device Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific GPS Tracking Device Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific GPS Tracking Device Market Size and Volume Forecast by Application
12.4.1. Transportation & Logistics
12.4.2. Metals & Mining
12.4.3. Construction
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific GPS Tracking Device Market Size and Volume Forecast by Type
12.7.1. Satellite
12.7.2. Cellular
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific GPS Tracking Device Demand Share, 2019-2026
13. Middle East & Africa GPS Tracking Device Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa GPS Tracking Device Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa GPS Tracking Device Market Size and Volume Forecast by Application
13.4.1. Transportation & Logistics
13.4.2. Metals & Mining
13.4.3. Construction
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa GPS Tracking Device Market Size and Volume Forecast by Type
13.7.1. Satellite
13.7.2. Cellular
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa GPS Tracking Device Demand Share, 2019-2026
14. Competition Landscape
14.1. Global GPS Tracking Device Market: Market Share Analysis
14.2. GPS Tracking Device Distributors and Customers
14.3. GPS Tracking Device Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Calamp
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sierra Wireless
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Orbocomm
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Queclink Wireless Solutions
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shenzhen Concox Information Technology
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Laird
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tomtom International
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Meitrack
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Teltonika Uab
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Atrack Technology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Trackimo
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Geotab
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook