Vehicle Tracking Market Projected to Reach 11000 Million $ at 7.0% CAGR Till 2022 | Worldwide Key Players – Calamp, CarTrack, Fleetistics, Fleetmatics, Garmin, Geotab

Global Vehicle Tracking Market Report 2018 explores future trends for supply, demand and market growth rate, market size, prices, trading, competition and value chain as well as Key Players of the industry’s information with forecast from 2018 to 2022.

Global Vehicle Tracking Market Overview:

According to Market Analyst, The global Vehicle Tracking market size was 6420 million US$ and it is expected to reach 11000 million US$ by the end of 2022, with a CAGR of 7.0% between 2018 and 2022.

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A vehicle tracking system combines the use of automatic vehicle location in individual vehicles with software that collects these fleet data for a comprehensive picture of vehicle locations. Modern vehicle tracking systems commonly use GPS or GLONASS technology for locating the vehicle, but other types of automatic vehicle location technology can also be used. Vehicle information can be viewed on electronic maps via the Internet or specialized software. Urban public transit authorities are an increasingly common user of vehicle tracking systems, particularly in large cities.

Increasing vehicle security concerns, especially in corporate sector will primarily drive the industry growth over the forecast Period. Rising need to monitor the vehicle movement for goods and passenger security will further escalate the revenue generation. Vehicle tracking market from light commercial vehicles will account for a significant share over the forecast timeframe owing to rising transportation of light weight goods. Increasing domestic and international courier services will further propel the industry growth.

On the Basis of Type, Wireless vehicle tracking market has observed significant growth in the recent years and is foreseen to grow tremendously over the forecast period. This revenue generation can be attributed to compact size and easy portability solutions owing to battery powered operations among multiple locations.

Asia Pacificis expected to have the largest market size in the Vehicle Tracking Market due to the Increasing automotive production combined with forthcoming regulations in the region. On other Hand, North America is anticipated to dominate the global market over the forecast Period.

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The Market is segmented and projected on the basis of major key player’s:

1  Calamp

2  CarTrack

3  Fleetistics

4  Fleetmatics

5  Garmin

6  Geotab

7  Maestro Wireless Solutions

8  Meitrack Group

9  Mio

10 Navotar

11 Nextraq

The market for Vehicle Tracking can be segmented on the basis of the following Criteria:

The Market is segmented and projected on the basis of major Region Segmentation

1  North America

2  Europe

3  China

4  Rest of Asia Pacific

5  Central& South America

6  Middle East & Africa

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The Market is segmented and projected on the basis of Product Type Segmentation:

1  Wired

2  Wireless

The Market is segmented and projected on the basis of Industry Segmentation:

1  Private Cars

2  Logistics

3  Construction

4  Fleet Management

5  Two-wheeler Tracking

Key Questions Answered in this Report:

1 What will the market size be in 2022?

2 What are the key factors driving the Vehicle TrackingMarket?

3 What are the challenges to market growth?

4 Who are the key players in Vehicle TrackingMarket?

5 What are the market opportunities and threats faced by the key players?

TABLE OF CONTENTS

1 Industry Overview of Vehicle Tracking

2 Global Vehicle Tracking Competition Analysis by Players

3 Company (Top Players) Profiles

4 Global Vehicle Tracking Market Size by Type and Application (2013-2018)

5 North America Vehicle Tracking Development Status and Outlook

6 Europe Vehicle Tracking Development Status and Outlook

7 China Vehicle Tracking Development Status and Outlook

8 Rest of Asia Pacific Vehicle Tracking Development Status and Outlook

9 Central & South America Vehicle Tracking Development Status and Outlook

10 Middle East & Africa Vehicle Tracking Development Status and Outlook

11 Market Forecast by Regions, Type and Application (2018-2022)

12 Vehicle Tracking Market Dynamics

13 Market Effect Factors Analysis

14 Research Finding/Conclusion

15 Appendix

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