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The global Car GPS Trackers market size was valued at USD 1955.98 Million in 2022 and will reach USD 5507.08 Million in 2028, with a CAGR of 18.83% during 2022-2028.
Car GPS trackers is a kind of equipment used to remotely monitor the position of cars. The device sends the data to the GPS satellite, which then forwards the information to the application or phone number connected by the device owner. The report mainly studies the global car GPS trackers market.
The demand for asset tracking is rising
Car GPS trackers can effectively reduce the risk of asset loss, which is very important for enterprises and individuals to reduce this risk. It can help people track and retrieve stolen cars quickly, thus avoiding the loss of assets and the need to buy replacement cars. In Australia, for example, there are 125 cases of vehicle theft every day. In the 12 months before March 2021, an average of 125 cars were stolen every day; During this period, a total of 45,702 cases of motor vehicle theft occurred. For every 1,000 cars registered in Australia, an average of 2.25 cars are stolen. But 2020 may be the year with the least number of vehicle thefts in Australia in the past five years. The National Motor Vehicle Theft Reduction Committee (NMVTRC), which provided this data, said that it is uncertain whether the number will continue to decline, remain unchanged or rise.
There are many cases of automobile asset theft all over the world. It is predicted that with the further deepening of people's understanding of car GPS trackers and the further rising demand for asset tracking, the market of car GPS trackers will further expand.
The influence of non-standard products and environmental factors leads to poor user experience
Although the adoption of car GPS trackers brings great benefits, the impact of non-standard products and environmental factors leads to poor user experience and limits the growth of car GPS trackers market. Poor quality of non-standard car GPS trackers, poor performance of GPS receiving antenna and poor positioning algorithm will lead to poor user experience and may hinder the performance of GPS tracking equipment.
In addition, some environmental factors, such as dense trees, steep hillsides, tall buildings, and even thick clouds, will weaken GPS signals, which may lead to delayed results due to these geographical restrictions.
Region Overview:
In 2021, the share of the Car GPS Trackers market in Europe stood at 40.43%.
Company Overview:
CalAmp is one of the major players operating in the Car GPS Trackers market, holding a share of 6.81% in 2021.
CalAmp
CalAmp is a technology solutions pioneer transforming the global connected economy. company help reinvent business and improve lives around the globe with technology solutions that streamline complex IoT deployments and bring intelligence to the edge. company software applications, scalable cloud services, and intelligent devices collect and assess business-critical data from mobile assets, cargo, companies, cities and people.
Concox Information Technology
Concox Information Technology incorporated for over 15 years, has become a leading designer and manufacturer of telematics and wireless communications products, dedicates to bringing reliable products and customized solutions to clients across the world.
Segmentation Overview:
By type, Wired Car GPS Trackers segment accounted for the largest share of market in 2021.
Application Overview:
By application, the Asset Management segment occupied the biggest share from 2017 to 2022.
The Car GPS Trackers market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.
In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
Key Companies in the global Car GPS Trackers market covered in Chapter 4:
GOTOP Limited
Starcom Systems
Teltonika
CalAmp
Sierra Wireless
Tomtom
Spireon
Gosafe Company Ltd.
Geotab Inc
Suntech International
Shenzhen Coban Electronics
ARKNAV
Shenzhen Eelink Communication Technology
Ruptela
Trackimo
Orbocomm
Queclink
Concox Information Technology
ThinkRace Technology
Meitrack
In Chapter 12 and Chapter 14.1, on the basis of types, the Car GPS Trackers market from 2018 to 2028 is primarily split into:
Wired Car GPS Trackers
Wireless Car GPS Trackers
In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the Car GPS Trackers market from 2018 to 2028 covers:
Fleet Management
Asset Management
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Spain)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina)
Middle East & Africa (Saudi Arabia, UAE, South Africa)
Outline:
Chapter 1 begins with the Car GPS Trackers market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the Car GPS Trackers market and its likely evolution in the short to mid-term and long term.
Chapter 2 provides Car GPS Trackers industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.
Chapter 3 depicts Car GPS Trackers industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.
Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the Car GPS Trackers market ranking, benchmarks, and company business portfolio.
Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.
Chapters 6-10 highlight Car GPS Trackers market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.
Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.
Chapters 12-13 evaluate the Car GPS Trackers market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.
Chapters 14-15 elaborate on the Car GPS Trackers market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.
Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
2022
Car GPS trackers is a kind of equipment used to remotely monitor the position of cars. The device sends the data to the GPS satellite, which then forwards the information to the application or phone number connected by the device owner. The report mainly studies the global car GPS trackers market.
The demand for asset tracking is rising
Car GPS trackers can effectively reduce the risk of asset loss, which is very important for enterprises and individuals to reduce this risk. It can help people track and retrieve stolen cars quickly, thus avoiding the loss of assets and the need to buy replacement cars. In Australia, for example, there are 125 cases of vehicle theft every day. In the 12 months before March 2021, an average of 125 cars were stolen every day; During this period, a total of 45,702 cases of motor vehicle theft occurred. For every 1,000 cars registered in Australia, an average of 2.25 cars are stolen. But 2020 may be the year with the least number of vehicle thefts in Australia in the past five years. The National Motor Vehicle Theft Reduction Committee (NMVTRC), which provided this data, said that it is uncertain whether the number will continue to decline, remain unchanged or rise.
There are many cases of automobile asset theft all over the world. It is predicted that with the further deepening of people's understanding of car GPS trackers and the further rising demand for asset tracking, the market of car GPS trackers will further expand.
The influence of non-standard products and environmental factors leads to poor user experience
Although the adoption of car GPS trackers brings great benefits, the impact of non-standard products and environmental factors leads to poor user experience and limits the growth of car GPS trackers market. Poor quality of non-standard car GPS trackers, poor performance of GPS receiving antenna and poor positioning algorithm will lead to poor user experience and may hinder the performance of GPS tracking equipment.
In addition, some environmental factors, such as dense trees, steep hillsides, tall buildings, and even thick clouds, will weaken GPS signals, which may lead to delayed results due to these geographical restrictions.
Region Overview:
In 2021, the share of the Car GPS Trackers market in Europe stood at 40.43%.
Company Overview:
CalAmp is one of the major players operating in the Car GPS Trackers market, holding a share of 6.81% in 2021.
CalAmp
CalAmp is a technology solutions pioneer transforming the global connected economy. company help reinvent business and improve lives around the globe with technology solutions that streamline complex IoT deployments and bring intelligence to the edge. company software applications, scalable cloud services, and intelligent devices collect and assess business-critical data from mobile assets, cargo, companies, cities and people.
Concox Information Technology
Concox Information Technology incorporated for over 15 years, has become a leading designer and manufacturer of telematics and wireless communications products, dedicates to bringing reliable products and customized solutions to clients across the world.
Segmentation Overview:
By type, Wired Car GPS Trackers segment accounted for the largest share of market in 2021.
Application Overview:
By application, the Asset Management segment occupied the biggest share from 2017 to 2022.
The Car GPS Trackers market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.
In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
Key Companies in the global Car GPS Trackers market covered in Chapter 4:
GOTOP Limited
Starcom Systems
Teltonika
CalAmp
Sierra Wireless
Tomtom
Spireon
Gosafe Company Ltd.
Geotab Inc
Suntech International
Shenzhen Coban Electronics
ARKNAV
Shenzhen Eelink Communication Technology
Ruptela
Trackimo
Orbocomm
Queclink
Concox Information Technology
ThinkRace Technology
Meitrack
In Chapter 12 and Chapter 14.1, on the basis of types, the Car GPS Trackers market from 2018 to 2028 is primarily split into:
Wired Car GPS Trackers
Wireless Car GPS Trackers
In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the Car GPS Trackers market from 2018 to 2028 covers:
Fleet Management
Asset Management
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Spain)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina)
Middle East & Africa (Saudi Arabia, UAE, South Africa)
Outline:
Chapter 1 begins with the Car GPS Trackers market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the Car GPS Trackers market and its likely evolution in the short to mid-term and long term.
Chapter 2 provides Car GPS Trackers industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.
Chapter 3 depicts Car GPS Trackers industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.
Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the Car GPS Trackers market ranking, benchmarks, and company business portfolio.
Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.
Chapters 6-10 highlight Car GPS Trackers market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.
Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.
Chapters 12-13 evaluate the Car GPS Trackers market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.
Chapters 14-15 elaborate on the Car GPS Trackers market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.
Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
