GMI forecasts Vehicle Tracking Market growth | Calamp, Cartrack, Fleetmatics, NexTraq, Teletrac Navman, Telogis, TomTom
Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/193
According to a new research report by Global Market Insights, Inc., the Vehicle Tracking Market size is estimated to surpass USD 11 billion by 2024.
Fleet management will grow substantially from 2017 to 2024. This can be attributed to provision of the benefits such as customer satisfaction, fuel monitoring and speed detection, real-time monitoring, and maximizing vehicle utilization. Vehicle tracking market from cargo logistics will grow owing to advancements in mobile technology. These advanced devices allow continuous two-way communication with the fleet. Cost effectiveness as compared to the other counterparts will further escalate the revenue generation till 2024.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
7. Laird Plc.
8. Maestro Wireless Solutions Ltd.
9. Meitrack Group
14. Robert Bosch
15. Teletrac Navman
17. Teltonika UAB
19. US Fleet Tracking
20. Verizon Networkfleet
Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/193
Heavy commercial vehicles are anticipated to witness growth at over 12% from 2017 to 2024 owing to rising demand for transportation of passengers & goods along with increasing construction activities. 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.
Vehicle tracking market from active devices will exhibit highest volume share over the next eight years owing to provision of benefits such as automatic reassignment, accuracy in delivery time information, and versatility in networks. Passive technology is likely to grow till 2024 owing to its quick and easy installation.
North America vehicle tracking market is anticipated to capture the highest volume share over the next eight years. Presence of key automobile manufacturers along with technology providers across the region will primarily contribute to the revenue generation. Various regulatory authorities such as Federal Motor Carrier Safety Administration (FMCSA) are mandating the installation of these devices in vehicles, further supporting the regional dominance. Asia Pacific will also account for a significant share in the global market owing to the substantial automobile production coupled with stringent regulations, especially in developing countries.
Browse Report Summery @ https://www.gminsights.com/industry-analysis/vehicle-tracking-market
Fleetistics, Calamp, Maestro Wireless Solutions Ltd, Navotar, Garmin, and Mio are among the prominent participants in the vehicle tracking industry. The competitors are focusing on increasing the product penetration across the globe. They are increasingly partnering with online distributors such as Amazon, eBay, TrackMe, GPS-Track, etc. to enhance their visibility. This has led to the high growth of these online channels.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release GMI forecasts Vehicle Tracking Market growth | Calamp, Cartrack, Fleetmatics, NexTraq, Teletrac Navman, Telogis, TomTom here
News-ID: 1627383 • Views: 872
More Releases from Global Market Insights, Inc.
Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing
More Releases for Vehicle
Electrical Vehicle Business
India is exploring the market acceptance and industry dynamics of the electric vehicles manufacturing and servicing sector, both are at an early stage, as domestic OEMs are just started launching EV models and the acceptance is growing slowly. The government policies like rolling out new taxes and awareness about these vehicles will improve the interests significantly which will accelerate the segment’s profitability. Although India’s CO2 emission levels from electricity generation are
Reliable Vehicle Performance Testing
Grant Squirrel Ensures Safety and Robustness of Product Line CAS DataLoggers provided a major automobile manufacturer with the data logging solution for its rigorous vehicle performance testing. As part of the testing of any new vehicle, sample units were typically subject to a variety of endurance and durability tests to identify any potential weak points or failure modes and chart their performance. To gather the most detailed record of a car’s
Vehicle Tracking Market
Vehicle Tracking Market – Global Industry Analysis and Forecast (2017-2026) – By Product, Vehicle, Technology, Application and Region. Vehicle Tracking Market size is valued at US$ 8.1 Bn in 2017 and expected to grow at a CAGR of 7.5% in the forecasting period. size is valued at US$ 8.1 Bn in 2017 and expected to grow at a CAGR of 7.5% in the forecasting period. Vehicle tracking market size is estimated
Vehicle Detectors Market
https://www.qandqmarketresearch.com/reports/7194018/vehicle-detectors-market-104 Vehicle detectors sense the presence of vehicles. They provide an output signal to a control unit, such as a gate or door operator, to open or close. When used as a safety device, vehicle detectors prevent a gate or door from closing on a vehicle. Global Vehicle Detectors market size will reach xx million US$ by 2025, from xx million US$ in 2017, at a CAGR of xx% during the forecast
Worldwide Technology: Vehicle-To-Vehicle (V2V) Communication Market 2018
Qyresearchreports include new market research report "Global Vehicle-To-Vehicle (V2V) Communication Market Research Report 2018" to its huge collection of research reports. A holistic and detailed overview of the global Vehicle-To-Vehicle (V2V) Communication market that includes information derived from utilizing various quantitative and qualitative analysis techniques has been compiled in this latest market report. This compilation offers its readers a great overview of the Vehicle-To-Vehicle (V2V) Communication market during a forecast period
Global Industrial Vehicle Market
Global Industrial Vehicle Market: Key Trends and Drivers Battery operated vehicles are considered as the biggest drivers for the market today. They can be easily adopted in industries since they’re relatively more economical during operation with low maintenance cost, and work more efficiently. The global industrial vehicle market is characterized by innovative, automated and eco-friendly vehicle. Evolving requirements of material-handling vehicles globally trends the industrial vehicle market growth.