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Position Tracking System Market 2019 Global Key Players: GPATS, Position Tracking Systems, Kongsberg Maritime, Advanced Realtime Tracking, Rilapp Technologies

04-05-2019 09:48 AM CET | IT, New Media & Software

Press release from: Market Research Future

Position Tracking System Market 2019 Global Key Players: GPATS,

Position Tracking System Market Highlights:
The position tracking system market isn’t just growing, it is accelerating. Position tracking system allows tracking the current position of an object or a person through sensors and technologies being implemented. GPATS, Position Tracking Systems, Kongsberg Maritime and Advanced Real-time Tracking are a few major players in the global position tracking system market.

Growing demand for indoor position tracking system from retailers and other industry verticals is set to drive the growth of the position tracking system market. Increasing traction of vehicle tracking and fleet analytics are some of the major factors driving the growth of position tracking system market. Additionally, extensive use of position tracking systems in marine applications is responsible for fueling the market growth.

The global positioning system technology sub-segment of the market is expected to hold the largest market share, whereas, internet tracking sub-segment is expected to grow at the highest rate during the forecast period owing to the increasing implementation of internet tracking applications in smartphones and other mobile devices. Moreover, the growing trend of wireless connectivity across different mobile devices is one of the major factor driving the growth of Position Tracking System Market.

The growth of the market is also attributed to increasing focus on business organizations towards maintaining security and growing adoption of global positioning services by the automotive sector. In the global position tracking system market, Asia Pacific is anticipated to witness a relatively faster adoption at the highest CAGR during the forecast period as compared to other regions owing to increasing implementation of global positioning systems and internet tracking in order to ensure better connectivity and improved safety across different countries in the region.

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Major Key Players:
• GPATS (U.S.)
• Position Tracking Systems (U.S.)
• Kongsberg Maritime (Norway)
• Advanced Realtime Tracking (Germany)
• Inmotio (Amsterdam)
• Rilapp Technologies (India)
• Trinetra Technologies (India)
• Axestrack (U.S.)
• Cisco Ssytems, Inc (U.S.)

Regional Analysis:
The global position tracking system market is studied in Asia Pacific, North America, Europe, and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas the Asia Pacific is projected to grow at the fastest rate during the forecast period.

The growth of the market in North America is attributed to technological advancements and increased adoption of indoor as well as outdoor position tracking system applications across various industry verticals.

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Position Tracking System Market Segmentation:
The global position tracking system market is segmented on the basis of the component, connectivity, technology, type, and application. However, the component segment is classified into hardware and software.

The hardware segment is further classified into the display, sensors, battery, capacitors, resistors, and diodes. Increasing demand for various sensors across different automotive applications is boosting the growth of position tracking system market. Growing demand for improved communication technologies and increased safety are major factors driving the market growth.

Intended Audience:
• Technology Investors
• Research/Consultancy Firms
• Government Bodies
• Position Tracking System Solution Vendors
• Position Tracking System Providers
• Information Technology Developers
• Third-Party Vendors
• Internet Service Providers
• Technology Providers
• System Integrators

Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continued…..

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List of Tables
Table 1 Global Position Tracking System Market: By Region, 2017-2023
Table 2 North America Position Tracking System Market: By Country, 2017-2023
Table 3 Europe Position Tracking System Market: By Country, 2017-2023
Continued…..

List of Figures
Figure 1 Global Position Tracking System Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Five Forces Analysis of Global Position Tracking System Market
Continued…..

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

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