Global GPS Tracker Market: Advanced Trackers Segment by Type to Witness High Growth during 2017- 2027
Click here For Free Sample Report @ https://www.mrrse.com/sample/3826
New applications of GPS trackers are developing in Western Europe. The use of GPS tracking in laser aimed darts is a novel concept which got success after its testing. Such areas of applications, getting developed successfully and now need to be brought to light to the population. For instance, In June 2017, the police in Waterloo, Belgium used GPS trackers to track a truck. The police found the laser-aimed darts a safer alternative to chase. This innovative technology was deployed for the first time.
GPS tracking is still in introductory stages of its application in the aviation industry. The delay in delivery of correct piece of information is a major drawback of this application, which is particularly critical in regions like Eastern Europe, where pilots have to operate in regions with unstable connection. This is motivating the several companies to launch high standard GPS trackers that could be helpful in aviation industry. In February 2017, UTair-Helicopter services, a Russian helicopter operator, launched GPS tracking over its entire fleet. These trackers monitor aircraft movements and thus work towards improving the aircraft safety.
The rising imports and exports between countries bolsters the market growth for GPS trackers. The amount of cargos transported between countries is witnessing a fast growth which create an inevitable need for fleet management solutions to ensure the safe delivery of goods. These needs create an opportunity for a strong growth potential in the global GPS trackers market. According to World Bank, the exports and imports of goods from Brazil and Mexico increased significantly from 2010 to 2016.
Browse Full Report with TOC @ https://www.mrrse.com/gps-tracker-market
Apart from the traditional usage of GPS trackers in vehicles for navigation, umpteenth of new areas of applications are developing. One of the emerging area of development is in nabbing of criminals by the police department. In July 2017, Police officers in India used a small, discreet GPS tracker called the Track 24×7 Mini-Tracker developed by a local Indian developer. The device was used to track suspects in a special case. Further, satisfied with the results, the police asked the developer to provide them 50 more mini-trackers
GPS is critical to the development of new applications like drones and self-driving cars, which has become an indispensable part of population especially in the developed regions like Japan where people lead a luxurious life yet are very much concerned about their safety.
The increasing amount of goods transported between the countries mainly the UAE and gulf countries is one of the primary driver for the growth of GPS tracker market in MEA. Due to rising transport, companies providing fleet management solutions.
Advanced tracking in high value air cargos is still a nascent technology which needs careful handling. The transportation of valuables like pharmaceuticals and temperature sensitive electronics, needs to be monitored throughout the journey very carefully. The trackers used for such purposes are undergoing extensive R&D, with the launch of successful trackers are expected to increase the demand for trackers in the near future.
Advanced Trackers segment is anticipated to exhibit high market attractiveness index over the forecast period
In terms of value, advanced trackers segment is projected to be the most attractive in the global GPS tracker market during the forecast period. OBD trackers segment is expected to register moderate Y-o-Y growth rate throughout the forecast period. In terms of value, this segment is expected to expand at a CAGR of 8.2% during the forecast period. In 2017, advanced trackers segment is estimated to be valued more than US$ 445 Mn and is expected to witness steady growth in terms of revenue throughout the forecast period.
Enquire about this Report @ https://www.mrrse.com/enquiry/3826
About Market Research Reports Search Engine
Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
90, State Street
Albany, NY – 12207(United State)
United States Telephone: +1-518-730-0559(Canada)
This release was published on openPR.
Permanent link to this press release:
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 Global GPS Tracker Market: Advanced Trackers Segment by Type to Witness High Growth during 2017- 2027 here
News-ID: 1073136 • Views: 362
More Releases from Market Research Reports Search Engine
Global Microsoft Dynamics Services Market 2026 | Global Growing Industry: Tata C …
The report on The Global Microsoft Dynamics Services Market provides analysis for the period between 2016 and 2026, wherein 2016 is the base year, and the period from 2018 to 2026 is the forecast period. Data for 2016 has been included to provide historical information. The study provides a comprehensive analysis of the expansion of the market during the forecast period, in terms of revenue estimates (in US$ Mn), across
Global Energy Storage Systems Market 2025 | Top Key Players: ABB Ltd., BYD Compa …
Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled “Energy Storage Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025” Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026” offers a detailed analysis of the market providing insights into the market dynamics that are
Isothermal Boxes for Vaccines Market Research 2018 with top 20 Countries data : …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Isothermal Boxes for Vaccines Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Request Sample Report Copy, Click here @ https://www.mrrse.com/sample/16966 The global isothermal boxes for vaccines
Global Air Cargo Market | Growing Industry Crucial Key Players - Cathay Pacific …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Air Cargo Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Free | Sample Report Available @ https://www.mrrse.com/sample/4096 The air cargo market report provides analysis for
More Releases for GPS
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 Modules Industry Market Analysis & Forecast
Global GPS Modules Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of XX% between
Outdoor Sports GPS Device Market 2018
Outdoor Sports GPS Device Market report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data. Global Outdoor Sports GPS Device Market, provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Outdoor Sports GPS Device Market analysis is provided for the international Industry including development trends,
GPS Tracking Device Market - Increased Accuracy Of GPS And Decreased In Cost Of …
Navigators and security systems have always been a necessity things of human’s life. The developments of advanced electronics have brought revolutionary changes in these fields. The GPS tracking devices are an electronic device used for tracking location of devices. Most of the tracking systems use GPS module to find out the device position. Many systems also combine communication components such as satellite transmitters to communicate the device location to a
First Car Rental introduces GPS
Car rental company, Rent A Car, which formerly represented National Alamo Car Rental in Mauritius, has joined the First Car Rental brand and network as from this week. Based in South Africa, First Car Rental is one of the fastest growing car rental brand present on three continents and is today considered to be one of the trendiest names in the car rental business. The advent of this new brand in