Market Overview:
The global Vehicle GPS Trackers market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for vehicle security and safety solutions across the globe. Additionally, factors such as rising disposable income and technological advancements are also contributing to the growth of this market. Based on type, Wired Vehicle GPS Trackers are expected to account for a larger share of the global Vehicle GPS Trackers market than Wireless Vehicle GPS Trackers during the forecast period from 2018 to 2030. This can be attributed to their low installation cost and easy availability across regions.
Product Definition:
A vehicle GPS tracker is a device that uses the Global Positioning System (GPS) to track the location of a vehicle. Vehicle GPS trackers are important because they allow for the tracking of vehicles in real-time, which can help with security and fleet management.
Wired Vehicle GPS Trackers:
Wired vehicle GPS trackers are used to record the location of a vehicle. It is connected by cables to an onboard computer in the vehicles that contains a database with information about the route travelled. The data is then transferred to an external device for analysis and displayed on a screen.
The major factor responsible for market growth includes increasing demand from end-users such as fleet operators, transport authorities, construction companies and others which use this service for monitoring purposes.
Wireless Vehicle GPS Trackers:
Wireless vehicle GPS trackers are devices that help in tracking the geographical location of a vehicle. It is done with the help of Global Positioning System (GPS). The major function performed by these wireless trackers is to record real-time movement and sending out alerts when the car is stolen or if it gets out of range. Some other features provided by these trackers include monitoring fuel level, monitoring battery charge level, etc.
Application Insights:
The passenger vehicle segment dominated the global vehicle GPS trackers market in 2017 and is expected to maintain its dominance over the forecast period. The growing need for tracking stolen vehicles or vehicles that are missing a driver is one of the major factors contributing to the growth of this segment. Moreover, increasing demand for advanced safety features, such as anti-theft systems in automobiles, is also likely to fuel industry expansion over the coming years.
Commercial Vehicle application segment was estimated at USD 544.5 million in 2017 owing to high installation cost involved with commercial vehicles and rising concerns regarding asset protection and tracking devices theft prevention measures taken by companies such as Daimler AG & Co., Ltd., Volvo AB and Ford Motor Company LLC among others are some other factors responsible for its large share within this application category.
Regional Analysis:
Asia Pacific is estimated to be the fastest growing region over the forecast period. The growth can be attributed to increasing cases of road accidents, rising government initiatives, and stringent regulations imposed on vehicle manufacturers by various governments in an attempt to curb vehicular crimes. Europe is also estimated to witness significant growth over the next eight years owing to increasing deployment of these trackers in order for vehicles not only for commercial purposes but also personal ones.
Growth Factors:
- Increasing demand for vehicle security and safety
- Growing number of personal and commercial vehicles
- Proliferation of advanced tracking technologies
- Rising concerns over vehicle theft and vandalism
- Government initiatives to promote the use of GPS trackers
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle GPS Trackers Market Research Report
By Type
Wired Vehicle GPS Trackers, Wireless Vehicle GPS Trackers
By Application
Passenger Vehicle, Commercial Vehicle
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle GPS Trackers Market Report Segments:
The global Vehicle GPS Trackers market is segmented on the basis of:
Types
Wired Vehicle GPS Trackers, Wireless Vehicle GPS Trackers
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
- 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 Vehicle GPS Trackers 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 Vehicle GPS Trackers
- Wireless Vehicle GPS Trackers
- 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 Vehicle GPS Trackers 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
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- Consumer Insights
- Understanding Competition Scenario
- 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?
Vehicle GPS trackers are devices that allow you to track the location of your vehicle, and sometimes other information such as speed, direction, and altitude.
Some of the key players operating in the vehicle gps trackers 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 vehicle gps trackers market is expected to grow at a compound annual growth rate of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vehicle GPS Trackers 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. Vehicle GPS Trackers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vehicle GPS Trackers Market - Supply Chain
4.5. Global Vehicle GPS Trackers Market Forecast
4.5.1. Vehicle GPS Trackers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vehicle GPS Trackers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vehicle GPS Trackers Market Absolute $ Opportunity
5. Global Vehicle GPS Trackers 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. Vehicle GPS Trackers Market Size and Volume Forecast by Type
5.3.1. Wired Vehicle GPS Trackers
5.3.2. Wireless Vehicle GPS Trackers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vehicle GPS Trackers 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. Vehicle GPS Trackers Market Size and Volume Forecast by Application
6.3.1. Passenger Vehicle
6.3.2. Commercial Vehicle
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vehicle GPS Trackers 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. Vehicle GPS Trackers 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 Vehicle GPS Trackers 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. Vehicle GPS Trackers 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 Vehicle GPS Trackers Demand Share Forecast, 2019-2026
9. North America Vehicle GPS Trackers 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 Vehicle GPS Trackers 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 Vehicle GPS Trackers Market Size and Volume Forecast by Application
9.4.1. Passenger Vehicle
9.4.2. Commercial Vehicle
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vehicle GPS Trackers Market Size and Volume Forecast by Type
9.7.1. Wired Vehicle GPS Trackers
9.7.2. Wireless Vehicle GPS Trackers
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 Vehicle GPS Trackers Demand Share Forecast, 2019-2026
10. Latin America Vehicle GPS Trackers 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 Vehicle GPS Trackers 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 Vehicle GPS Trackers Market Size and Volume Forecast by Application
10.4.1. Passenger Vehicle
10.4.2. Commercial Vehicle
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vehicle GPS Trackers Market Size and Volume Forecast by Type
10.7.1. Wired Vehicle GPS Trackers
10.7.2. Wireless Vehicle GPS Trackers
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 Vehicle GPS Trackers Demand Share Forecast, 2019-2026
11. Europe Vehicle GPS Trackers 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 Vehicle GPS Trackers 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 Vehicle GPS Trackers Market Size and Volume Forecast by Application
11.4.1. Passenger Vehicle
11.4.2. Commercial Vehicle
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vehicle GPS Trackers Market Size and Volume Forecast by Type
11.7.1. Wired Vehicle GPS Trackers
11.7.2. Wireless Vehicle GPS Trackers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/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 Vehicle GPS Trackers Demand Share, 2019-2026
12. Asia Pacific Vehicle GPS Trackers 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 Vehicle GPS Trackers 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 Vehicle GPS Trackers Market Size and Volume Forecast by Application
12.4.1. Passenger Vehicle
12.4.2. Commercial Vehicle
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vehicle GPS Trackers Market Size and Volume Forecast by Type
12.7.1. Wired Vehicle GPS Trackers
12.7.2. Wireless Vehicle GPS Trackers
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 Vehicle GPS Trackers Demand Share, 2019-2026
13. Middle East & Africa Vehicle GPS Trackers 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 Vehicle GPS Trackers 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 Vehicle GPS Trackers Market Size and Volume Forecast by Application
13.4.1. Passenger Vehicle
13.4.2. Commercial Vehicle
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vehicle GPS Trackers Market Size and Volume Forecast by Type
13.7.1. Wired Vehicle GPS Trackers
13.7.2. Wireless Vehicle GPS Trackers
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 Vehicle GPS Trackers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vehicle GPS Trackers Market: Market Share Analysis
14.2. Vehicle GPS Trackers Distributors and Customers
14.3. Vehicle GPS Trackers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Orbocomm
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Meitrack
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Queclink
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Concox Information Technology
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Teltonika
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CalAmp
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
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shenzhen Eelink Communication Technology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sierra Wireless
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ThinkRace 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. ARKNAV
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jimi Electronic
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Trackimo
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Suntech International
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Ruptela
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Shenzhen Coban Electronics
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Starcom Systems
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Gosafe Company Ltd.
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Huizhou Great-Will Industrial
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. GOTOP Limited
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
