Press release
GPS Tracking Device Market Report Predicts Healthy Growth with Demand from Emerging Markets - Scalar Market Research
The report on the global GPS tracking device market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.
Download Free Sample: https://www.scalarmarketresearch.com/request-sample.php?id=996
KEY PREMIUM INDUSTRY INSIGHTS
1. The recent increase in commercial vehicles on the road is one of the major reasons for the growth of GPS tracking device market. The growth of transportation and logistics industry is dependent on the growth of GPS tracking devices which is dependent on the rise in number of commercial vehicles. There is a growth estimated in the sales of advance trackers.
2. Advance trackers are installed in vehicles and cargo. It not only provides the location of the vehicle but also shares parameters like condition of the engine and temperature conditions within the vehicle during logistics.
3. These pieces of information are crucial for both the driver as well as the vehicle owner hence there is a fast-paced growth seen in the demand for advance trackers as compared to the other GPS tracking devices. The ability of GPS trackers in tracking and monitoring heavy commercial vehicles and the rise in demand vehicle safety and security has opened newer opportunities for GPS tracking device market.
KEY MARKET PLAYERS
Key players in the GPS tracking device market include:
1. Calamp Corporation
2. Sierra Wireless, Inc.
3. Orbocomm Inc.
4. Queclink Wireless Solutions Co ., Ltd
5. Shenzhen Concox Information Technology Co., Ltd
6. Laird PLC.
7. Tomtom International Bv
8. Meitrack Group
9. Teltonika UAB
10. Atrack Technology Inc.
The GPS tracking device market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The European market holds the maximum market share and contributes the highest revenue in GPS tracking devices market. The region is more dominant than the other regions because of the presence of automotive manufacturing hub. In addition, various events and conferences are held to spread awareness regarding the GPS tracking devices which is why there is a scope for the market growth. Next in line is the Asia-Pacific region which is estimated to be the fastest growing market during the forecast period. Some of the factors that are promoting the growth of GPS tracking devices market in the Asia-Pacific region include, rise in number of manufacturing facilities, poor infrastructure and awareness about asset safety and security.
Browse Report: https://www.scalarmarketresearch.com/market-reports/gps-tracking-device-market
About Scalar Market Research
Scalar Market Research Inc. aspires to assist organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.
Find out more about our services at: www.scalarmarketresearch.com
Contact:
8770 W Bryn Mawr Ave.,
Suite 1300
Chicago, IL 60631
Tel.: +1-800-213-5170 (U.S./Canada Toll-free)
Email: sales@scalarmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release GPS Tracking Device Market Report Predicts Healthy Growth with Demand from Emerging Markets - Scalar Market Research here
News-ID: 690740 • Views: …
More Releases from Scalar Market Research
Cloud Field Service Management Market
Cloud Field Service Management is a system developed for managing field operations through a mobile application or software. This software solution enables the companies to manage field resources such as vehicle location, field worker activity and ensure delivery of spare parts to the operational field. This solution assigns work according to the skills and geographical location of the field employee and checks inventory for the availability of spare parts. The…
Oncology Information System Market Report Forecasts Impressive Growth by 2022 - …
Healthcare sector is extensively using digital tools to store patient data. Oncology information system tracks patient information such as diagnostic details and patient history. This also includes additional information such as treatment patterns and prescriptions. Overall, the key services provided by the system are patient information systems, treatment planning systems, consulting services, and implementation and maintenance systems. This report studies the current and future aspects of the oncology information system…
DC Torque Tool Market Segmentation and Competitor Analysis Report - Scalar Marke …
DC torque tool could be a tool designed to use torque alternative device or to live torque. Historically manual torque tools were for the most part current in mechanical activities; but, within the past few years, adoption of DC torque tools has augmented considerably. DC torque tools will apply torque a lot of quicker than manual torque applying strategies and might additionally produce a high torque force as compared to…
Public Safety LTE Market scrutinized in top research report for the forecast 201 …
The government initiatives toward public safety, ability issues, and rising demand for remote-controlled operations and remote police work are propellant the expansion of the marketplace for infrastructure and services. The high range of users during this phase is that the major reason for a high share of this application within the aforementioned market. The Govt. initiatives on national safety and increasing expenditures on public safety and security square measure expected…
More Releases for GPS
GPS Market Potential Surge Evaluating GPS Market Growth Opportunities Ahead - 20 …
In recent years, the global GPS Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on GPS Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis,…
AirBolt GPS Tracker Reviews USA: Is AirBolt GPS Tracker The World's Smartest GPS …
AirBolt GPS Tracker Reviews USA: Is AirBolt GPS Tracker The World's Smartest GPS Tracker? All You Need To Know About AirBolt GPS Tracker Before You Buy.
Looking for a game-changer in the realm of GPS trackers? Enter the AirBolt GPS, a revolutionary device that transcends the limitations of traditional Bluetooth trackers and bulky GPS units. Boasting four years of dedicated refinement, AirBolt presents a masterpiece of technology that redefines tracking…
Global GPS Equipment Market | Global GPS Equipment Industry | Global GPS Equipme …
GPS or Global Positioning System equipment is used to find the real-time location-based accurate information of any vehicle, or other types of assets. GPS detects the person or vehicle that uses the GPS to track its exact location. The location information is stored & transmitted to others, which are connected by the internet using radio, cellular, or satellite modem embedded in the unit. It comprises a GPS module for receiving…
Global GPS Equipment Market | Global GPS Equipment Industry | GPS Equipment Mark …
Global Positioning System or GPS equipment market comprises of sales of global positioning systems equipment & related services to determine the ground position of an object through GPS satellites. It is a satellite navigation system that transmits accurate signals that allow GPS equipment to decode or measure the desired location of the satellite. These equipments are smaller in size. With the advent of technologies, it has been possible to develop…
Global GPS Fleet Tracking System Market 2020 Industry Analysis by Manufacturers …
The market research report entitled Global GPS Fleet Tracking System Market 2020 by Company, Type and Application, Forecast to 2025 provides analysis on market conditions, trends, capability, key players, opportunities, and geographical analysis. The report proves to be an ultimate solution when it comes to a better understanding of the industry and leads the business growth. The report covers an overview of the segments and sub-segmentations including the product types,…
GPS Market analysis report- with Leading players and Major Applications: GPS-Ena …
GPS Market
Worldwide Market Reports has announced the addition of the “Global GPS Market Size, Status and Forecast 2019-2025”, The report classifies the global Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
Global positioning system (GPS) is a global navigation satellite system that provides information about time and geolocation to the receiver anywhere on or near the earth where four…
