Vehicle Tracking System Market is forecast to Rise at a CAGR of 12.81% during 2014 - 2023 | Eminent Vendors: AT&T Intellectual Property, Robert Bosch GmbH, CarTrack, Laird PLC, Calamp Corp, Teltonika UAB

Crystal Market Research (CMR) render to you profound details in respect to leading participants, regions and type of the Vehicle Tracking System Market which is estimated to encounter substantial growth over the forecast period 2014 - 2023.

Competitive Insights:
The leading players in market are AT&T Intellectual Property, Robert Bosch GmbH, CarTrack, Laird PLC, Calamp Corp, Teltonika UAB, Comm-Port Technologies, Delphi Automotive LLP, Concox Wireless Solution Co. Ltd., Continental AG, TomTom International BV, ATrack Technology Inc, Orbocomm Inc, Ltd, Sierra Wireless Inc., Geotab Inc. Meitrack Group,Verizon, Zonar Systems, and Trackimo LLC. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

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The Vehicle Tracking System Market is segmented as follows-
By Type:
OBD Devices
Standalone Tracker
Advance Tracker

By Vehicle:
Passenger Carrying Vehicles (PCV)
Light Commercial Vehicles (LCV)
Heavy Commercial Vehicles (HCV
Two-Wheelers

By Industry:
Private Cars
Logistics
Construction
Fleet Management
Two-Wheeler Tracking

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Regional Outlook:

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia and Rest of South America)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)

Industry Outlook & Trend Analysis:
The Vehicle Tracking System market was worth USD 0.94 billion in 2014 and is expected to reach approximately USD 2.78 billion by 2023 at a CAGR of 12.81%. To track the location of a modern vehicle, frequently a Global Positioning System (GPS) used for the purpose. These systems make use of radio, satellites or cellular modems linked with tracking devices. Thus devices with GPS enables can be used to track precise location of mobile objects. The location is determined in terms of geometric co-ordinates. The market is driven by initiatives taken by governments to implement these devices in cars, rising demand for cars, demand for devices in transport sector and continuous evolution of devices through innovations. During the forecast period the market is foreseen to grow with a lucrative rate. The inability of these systems to work without internet connection is a restraint to the market.

Major Table of Contents
1.Introduction
2.Executive Summary
3.Market Overview
4.Market Analysis by Regions
5.Vehicle Tracking System Market, By Type
6.Vehicle Tracking System Market, By Vehicle
7.Vehicle Tracking System Market, By Industry
8.Vehicle Tracking System Market, By Region
9.Company Profiles
10.Global Vehicle Tracking System Market Competition, by Manufacturer
11.Vehicle Tracking System Market Forecast (2018-2023)
…

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Growth Booster of Market:
The Industry based fragmentation of vehicle tracking market is as follows, Private Cars, Logistics, Construction, Fleet Management and Two-Wheeler Tracking. The advanced units enabling two way tracking, lower prices and ease of availability are factors expected to propel growth of logistics market. The fleet management market will also grow substantially over the forecast period due to rising interest in effective management of vehicles. The private car segment will grow steadily over the course of time.

Research Methodology:
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

What our Report offers:

Vehicle Tracking System Market share assessments for the regional and country level segments.

Vehicle Tracking System Market share analysis of the top industry players.

Strategic recommendations for the new entrants.

Competitive landscaping mapping the key common trends.

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