Global Vehicle Tracking Market 2018 Top Key Players Garmin, Calamp, Navotar, Maestro Wireless Solutions Ltd., Orbocomm, Fleetistics, GPS-Track, eBay, Amazon, India Mart, Flipkart, Snap Deal, TrackMe

Market Overview:-

Vehicle Tracking Market size is projected to cross USD 11 billion by 2024. Rising automobile security concerns, particularly in corporate sector is primarily driving the industry growth rate over the study period. Increasing need to monitor the automobile movement for passenger and goods security will further boost the product sales. Integration of telecommunication and information technology has developed next generation solutions in diverse sectors. This enables rapid deliveries with precision inducing immense potential to the industry size over the forecast time span.

Adoption of these GPS monitoring devices may cause drivers to feel that their privacy is invaded, or their employer doesn’t trust them. Moreover, the devices are not cost effective to be deployed in each fleet coupled with database and software maintenance. These factors may negatively impact the vehicle tracking market to proliferate till 2024.

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Provision of various benefits including driver & vehicle safety, improved administration, cost reduction, time management, better life cycle management, and enhanced customer services are accelerating the industry size over the forecast time span. Additionally, increasing demand for premium and luxury vehicles in developed nations will multiply product adoption rate.

Top Key Players:-     

The key players of global Vehicle Tracking Market are Garmin, Calamp, Navotar, Maestro Wireless Solutions Ltd., Orbocomm, Fleetistics, GPS-Track, eBay, Amazon, India Mart, Flipkart, Snap Deal, and TrackMe.

Regional Segmentations:-

North America is estimated to hold maximum volume share over the next eight years owing to presence of technology providers together with major automobile manufacturers across the region. Multiple regulatory bodies such as Federal Motor Carrier Safety Administration (FMCSA) is mandating product deployment in all type of automobiles thereby enhancing the regional dominance.

Asia Pacific will exhibit significant growth owing to increasing automobile production combined with upcoming strict rules particularly in developing nations.

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Major Points of Table Of Content:-

Chapter 1. Methodology and Scope

1.1. Methodology

1.1.1. Initial data exploration

1.1.2. Statistical model and forecast

1.1.3. Industry insights and validation

1.1.4. Scope, definition and forecast parameters

1.2. Data Sources

1.2.1. Secondary

1.2.2. Primary

Chapter 2. Executive Summary

2.1. Vehicle tracking industry 3600 synopsis, 2013 - 2024

2.1.1. Business trends

2.1.2. Product trends

2.1.3. Vehicle trends

2.1.4. Technology trends

2.1.5. Application trends

2.1.6. Regional trends

Chapter 3.  Vehicle tracking Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 - 2024

3.3. Industry ecosystem analysis

3.3.1. Supplier

3.3.2. Manufacturers

3.3.3. Distribution channel analysis

3.3.4. Vendor matrix

3.4. Technology landscape

3.5. Pricing analysis

3.5.1. Regional pricing

3.5.1.1.    North America

3.5.1.2.    EU

3.5.1.3.    APAC

3.5.1.4.    LATAM

3.5.1.5.    MEA

3.5.2. Cost structure analysis

3.6. Regulatory landscape

3.6.1. U.S.

3.6.2. EU

3.6.3. China

3.7. Industry impact forces

3.7.1. Growth drivers, by region

3.7.1.1.    NA

3.7.1.2.    EU

3.7.1.3.    APAC

3.7.1.4.    LATAM

3.7.1.5.    MEA

3.7.2. Industry pitfalls & challenges

3.8. Innovation and sustainability

3.8.1. Integration of the system with smart phones and tablets

3.8.2. Combining social media with GPS management system

3.9. Growth potential analysis

3.10.    Porter's analysis

3.11.    Competitive landscape, 2016

3.11.1.  Company market share analysis, 2016

3.11.2.  Strategy dashboard

3.12.    PESTEL analysis

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Fleet management segment will grow substantially between 2017 and 2024. This growth can be attributed to benefits offered such as fuel monitoring, maximum automobile utilization, and speed detection. Cargo logistics will pose significant growth rate owing to improvements in mobile technology. These improved units enable continuous communication with the automobiles. Ease of availability and cost effectiveness will further influence the product penetration across the globe.

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