Press release
Smart Car Tracking Systems Market Greater Revenue Share by 2028(By Industry Transportation & Logistics Construction Oil & Gas Metals & Mining Government Others)
The smart car tracking system is a hardware device or an electronic component that is installed in the car for tracking purpose. This smart car tracking system is used to monitor and track the position of the car by using GPS (Global Positioning System) and GSM (Global System for Mobile). This smart car tracking system, with the help of GPS value, allows a person to calculate the distance with respect to time. Moreover, the distance and direction are fed into the electronic component ? microcontroller. This information is further transmitted to GSM through digital modulation techniques.
This signal is further demodulated and sent to the user’s mobile, which contains an application specifically developed for this information. The smart car tracking system can give the status of the car in defined states such as in journey, off journey, break and parked. Some of these smart car tracking system are also enabled with accident alert system, so whenever a car meets with an accident and the driver gets injured, then an alert will be sent by SMS to the driver’s family members, police station and ambulance along with the location of the accident. Moreover, these smart car tracking system are also equipped with vehicle theft control, which enables the owner to track the car if stolen. These benefits are contributing to the growth of smart car tracking systems market.
Global Smart Car Tracking Systems Market: Dynamics
With the help of the smart car tracking system, a person can ensure the security of the driver or the passengers, which is one of the key factors that is driving the growth of the smart car tracking systems market. Also, the government of some countries are taking initiatives for the implementation of smart car tracking system, which is further fueling the growth of this market. The continuous rise in demand for innovative solutions in car market are also propelling the surge in the smart car tracking systems market. Moreover, some smart car tracking systems with real time tracking enables the user to identify some important factors such as fuel consumption, excessive speeding, engine idling and mileage. Thus, with the help of these smart car tracking system, the user can reduce the fuel consumption, which is another factor powering the growth of the smart car tracking systems market.
However, the smart car tracking system with added features is expensive and is restraining the growth of the smart car tracking systems market. Moreover, some of the smart car tracking system work on real time basis and those systems do not work without internet connectivity, which is hindering the growth of the smart car tracking systems market.
Request Free Sample Report@ https://www.factmr.com/connectus/sample?flag=S&rep_id=958
Global Smart Car Tracking Systems Market: Segmentation
The global smart car tracking systems market can be segmented on the basis of type, deployment, industry and region.
By Type
Standalone tracker
OBD device
Advance tracker
By Deployment
Personal vehicle
Commercial vehicle
By Industry
Transportation & Logistics
Construction
Oil & Gas
Metals & Mining
Government
Others
Global Smart Car Tracking Systems Market: Competition Landscape
Key Developments
In February 2018, CarTrack Holdings Ltd. launched a new product ? Line vision system, which is an easy to use four camera video system that keeps fleet owners in visual contact with their vehicles. With the help of this system, one can access real time footage to track their vehicles, aid in improving the driver’s performance and also control costs.
Key Vendors
The key vendors in Smart Car Tracking Systems market are AT&T Intellectual Property, Calamp Corporation, CarTrack Holdings Ltd., Comm-Port Technologies, Queclink Wireless Solutions Co., Ltd. Continental AG, Eresource ERP, Magna International Inc., Delphi Automotive LLP, Robert Bosch GmbH, Verizon, and Zonar Systems.
Global Smart Car Tracking Systems Market: Regional Outlook
Geographically, the smart car tracking systems market can be segmented into North America, Western Europe, Latin America, Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East & Africa (MEA), and Japan.
North America is expected hold the largest share of the market during the forecast period because of the fast adoption of technology in the automotive sector. APAC is expected to exhibit high growth potential during the forecast period owing to increase in demand of smart car tracking systems in this region.
Request/View TOC@ https://www.factmr.com/connectus/sample?flag=T&rep_id=958
The report covers an exhaustive analysis on:
Global Smart Car Tracking Systems Market Segments
Global Smart Car Tracking Systems Market Dynamics
Historical Actual Market Size, 2013 - 2017
Global Smart Car Tracking Systems Market Size & Forecast 2018 to 2028
Supply & Demand Value Chain
Global Smart Car Tracking Systems Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Global Smart Car Tracking Systems Market Drivers and Restraints
Regional analysis for Global Smart Car Tracking Systems Market includes
North America Market
U.S.
Canada
Latin America Market
Argentina
Mexico
Brazil
Rest of Latin America
Western Europe Market
Germany
France
U.K.
Spain
Italy
Nordic
Benelux
Rest of Western Europe
Eastern Europe Market
Poland
Russia
Asia Pacific Market
India
ASEAN
Australia and New Zealand
Rest of SEA and Others of APAC
Japan Market
China Market
Middle East and Africa Market
GCC Countries
North Africa
South Africa
Rest of MEA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. It provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. It also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint
Report Analysis@ https://www.factmr.com/report/958/smart-car-tracking-systems-market
About US
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
Rohit Bhisey
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Car Tracking Systems Market Greater Revenue Share by 2028(By Industry Transportation & Logistics Construction Oil & Gas Metals & Mining Government Others) here
News-ID: 1759591 • Views: …
More Releases from Fact.MR
Fumaric Acid Market Forecast CAGR of 6.8% Predicted for 2023-2033 with a US$ 969 …
In 2023, the fumaric acid market (フマル酸市場) reached a value of US$ 501.9 million, with projections indicating a growth at a CAGR of 6.8% to attain US$ 969.0 million by 2033. Fumaric acid, a key component in various industries including food and beverage, pharmaceuticals, and chemicals, is witnessing a steady rise in demand due to its versatile applications. The growth of the fumaric acid market is primarily driven by the…
Buffering Agents Market Set for 5.1% CAGR Through 2023-2033 with a US$ 226.8 Mil …
The buffering agents market (緩衝剤市場) is projected to reach a valuation of US$ 226.8 million by 2033, with a compound annual growth rate (CAGR) of 5.1% from 2023 to 2033. In 2023, the industry was valued at US$ 137.9 million.
The market for buffering agents is anticipated to witness significant growth driven by increased industrial applications, expansion in the pharmaceutical and healthcare sectors, and rising demand for processed food and beverages.…
Patient Temperature Monitoring Market Overview: Reaching US$ 8.2 Billion by 2026
According to Fact.MR, a market research and competitive intelligence provider, the Global Patient Temperature Monitoring Market is predicted to reach a size of US$ 8.2 billion by 2026, rising at a CAGR of 10% from 2022 to 2026. a patient temperature monitor is a portable gadget that can measure temperature on its own for a brief amount of time. Opportunities for market participants will arise from the large patient pool…
Surgical Equipment Market 8.6% CAGR: The Path to US$ 38.1 Billion By 2033
Fact.MR's global Surgical Equipment Market research study provides a thorough examination of the top market segments according to application, region, business size, solution, and module. It also offers in-depth details on important participants and the primary strategies used to obtain an advantage over rivals. Fact.MR: A Supplier of Competitive Intelligence and Market Research: The surgical equipment market is expected to grow at a remarkable 8.6% CAGR over the following ten…
More Releases for Car
Car Rental Services Market Forecast to 2028 Covid-19 Impact and Global Analysis …
Car rental services are a process of hiring/renting a car for a limited period from a rental company. Various companies like Uber Technologies, Europcar rent the vehicles for a short period ranging from few hours to weeks. The different types of cars rented by the company include Luxury Car, executive car, and economical car among others. Additionally, vehicle renting agencies also offer other products such as insurance, entertainment systems, and…
Central African Republic: Country Intelligence Report | Telecel, Orange CAR, Moo …
HTF Market Intelligence released a new research report of 36 pages on title 'Central African Republic: Country Intelligence Report' with detailed analysis, forecast and strategies. The market Study is segmented by key a region that is accelerating the marketization. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources. The study covers key regions that includes Central…
Car Rentals Market Growth Strategies and Innovative Technology Transformation by …
Worldwide Market Reports has announced the addition of the "Car Rentals Market Report 2020-2027 Production, Sales And Consumption Status And Prospects Professional Research", The report classifies the global Car Rentals Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
The emergence of own-brand digital ordering platform has been trending in the global Car Rentals market. Car Rentals such as…
Luxury Car Leasing Market Competitors Analysis By German Rent A Car, ANI Technol …
'Global Luxury Car Leasing Market Research Report' the report is complete with an elaborate research undertaken by prominent analysts and a detailed analysis of the global industry place. The Luxury Car Leasing report is fragmented in several features which include manufacturers, region, type, application, market status, market share, growth rate, future trends, market drivers, opportunities, challenges, emerging trends, risks, entry barriers, sales channels, and distributors which are again elaborated in…
Car Wash Market is Thriving Worldwide 2026 | Super Star Car Wash, Autobell Car W …
This Car Wash Market research report offers you an array of insights about Automotive industry and business solutions that will support to stay ahead of the competition. Systematic investment analysis is also underlined in this Car Wash Market report which forecasts impending opportunities for the market players.This market report is the outcome of persistent efforts lead by knowledgeable forecasters, innovative analysts and brilliant researchers who carries out detailed and diligent…
Car Rentals Market Growth 2020-2025: Sixt Rent A Car, Malkey Rent A Car, Casons …
Car Rentals Industry
Description
Wiseguyreports.Com Adds "Car Rentals -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2025" To Its Research Database
The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Car Rentals by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain…
