Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global GPS Tracking Device Market by Type (Satellite, Cellular), By Application (Transportation & Logistics, Metals & Mining, Construction) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global GPS Tracking Device Market by Type (Satellite, Cellular), By Application (Transportation & Logistics, Metals & Mining, Construction) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 193345 3300 Electronics & Semiconductor 377 241 Pages 4.7 (49)
                                          

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 .


Global GPS Tracking Device Industry Outlook


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:

  1. Calamp
  2. Sierra Wireless
  3. Orbocomm
  4. Queclink Wireless Solutions
  5. Shenzhen Concox Information Technology
  6. Laird
  7. Tomtom International
  8. Meitrack
  9. Teltonika Uab
  10. Atrack Technology
  11. Trackimo
  12. Geotab

Global GPS Tracking Device Market Overview


Highlights of The GPS Tracking Device Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Satellite
    2. Cellular
  1. By Application:

    1. Transportation & Logistics
    2. Metals & Mining
    3. Construction
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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.

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

Global GPS Tracking Device Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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