Press release
Global GPS Equipment Market | Global GPS Equipment Industry | GPS Equipment Market Research Report: Ken Research
Additionally, these equipments can be used to monitor vehicles from the remote location.
According to study, “GPS Equipment Global Market Report 2020-30: Covid 19 Impact and Recovery” the key companies operating in the global GPS equipment market are Orbocomm Inc., Queclink Wireless Solutions Co., Ltd, Calamp Corporation, Sierra Wireless, Inc., Laird PLC., Concox Wireless Solution, Tomtom International Bv, Xirgo Technologies, Inc., Maestro Wireless Solutions, Shenzhen Concox Information Technology Co. Ltd., Geotab Inc, Trimble Navigation Limited, Teltonika UAB, MiTAC Digital Technology Corporation (Navman), Texas Instruments Inc, Spy tech, Inc., Garmin Ltd, Mio Technology Corporation, Ruptela UAB, Shenzhen Coban Electronics Co., Ltd, MeitrackGroup,, Verizon Wireless, Trackimo LLC.
Based on product type, GPS equipment market is segregated as data loggers, data pullers, data pushers, covert GPS trackers and others. Based on tracker device type, market is segmented as advance tracker, OBD device and standalone tracker. Based on application, market is segregated as location-based services, aviation, marine, road, surveying & mapping and others. In addition, based on end-use industry, market is segregated as transportation & logistics, metals & mining, government, construction, oil & gas and others (hospitality, agriculture, education, retail, and healthcare).
The GPS equipment market is driven by growth of commercial vehicles, followed by upgrading in the software, lower prices of GPS devices, and small size, longer life and dominating return-of-investments (ROI) of GPS devices. However, growth in adoption of hardware agnostic tracking solutions and impact of the non-standard products may impact the market. Moreover, advancements in software and rise in usage of GPS equipment for Usage-Based Insurance (UBI) are key opportunities for market.
Based on geography, the North-American region dominates the global GPS equipment market as these equipment are widely used to help monitor anti-poaching patrols and for tracking the location all the time, in commercial as well as for personal purposes in the region. The Asian-Pacific and European regions are estimated to witness higher growth rate due to the safety purpose and to also helpful in getting the real-time vehicle speeds, vehicle location updates, as well as instant alert message to bad driver behaviors over the forecast period. The global GPS equipment market was valued at US $482 million in 2019 and it is predicted to grow at a higher CAGR of 9.60% and reach US $695.4 million by 2023.
For More Information, Click on the Link Below:-
https://www.kenresearch.com/technology-and-telecom/it-and-ites/gps-equipment-market/342071-105.html
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India
Ken Research is a Global aggregator and publisher of Market intelligence, equity and economy reports. Ken Research provides business intelligence and operational advisory in 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Serving over 70% of fortune 500 companies globally, some of top consulting companies and Market leaders seek Ken Research’s intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.
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 Global GPS Equipment Market | Global GPS Equipment Industry | GPS Equipment Market Research Report: Ken Research here
News-ID: 2233699 • Views: 902
More Releases from Ken Research Pvt Ltd

Global Grease market revenue to reach US$ 7 Bn by 2028: Ken Research
Global Grease Market By Geography
The Global Grease market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.
The Asia Pacific accounted for the largest market share within the global grease market, accounting major chunk of total market revenue in 2022 as it houses most of the lubricating companies.
According to the Indian Brand Equity Foundation (IBEF), a semi-government trust formulated by the department of commerce. Mentioned that an investment…

The Australia Crop Protection Industry has grown steadily in the last five years …
The Crop Protection Market in Australia saw a steady growth in the period of 2017-2021, and the market is expected to grow at a robust CAGR in the forecasted period.
Australia Crop Protection Market Overview: The Australia Crop Protection Market is currently at the growth stage owing to the technological innovations in the industry, pest pressures, rising use of bio-based crop solutions, rising demand for bio-pesticides and the adoption of herbicide-resistant crops…

5 Key Insights on US$ 60 Bn Opportunity in Global Thermoformed Plastics Market: …
Buy Now
Driven by the rising consumption of thermoformed plastics material in healthcare and packaging industries, Global Thermoformed Plastics Market is forecasted to Cross US$60 Bn by 2028 says Ken Research Study.
Thermoforming is a plastic manufacturing process that applies a vacuum or pressure force to stretch a sheet of heated thermoplastic material over an engineered mold to create a 3-dimensional shape or part. After forming, the shaped part is trimmed and finished…

Market Research Subscription Services Encourage You in All Your Requirements: Ke …
During the present trend, the market space is very vivacious in nature. In an endeavor to cope with such continual deviations, market contributors are actively in inevitability of research and consulting studies. The Ken Research as an originator of the market intelligence and wide-fluctuating aggregator, equity and region research reports dispense the business intellect and effective consultative crosswise 300+ vertical underscoring the provocative technologies, emerging business models along the routine…
More Releases for GPS
Global GPS Equipment Market | Global GPS Equipment Industry | Global GPS Equipme …
GPS or Global Positioning System equipment is used to find the real-time location-based accurate information of any vehicle, or other types of assets. GPS detects the person or vehicle that uses the GPS to track its exact location. The location information is stored & transmitted to others, which are connected by the internet using radio, cellular, or satellite modem embedded in the unit. It comprises a GPS module for receiving…
Global GPS Fleet Tracking System Market 2020 Industry Analysis by Manufacturers …
The market research report entitled Global GPS Fleet Tracking System Market 2020 by Company, Type and Application, Forecast to 2025 provides analysis on market conditions, trends, capability, key players, opportunities, and geographical analysis. The report proves to be an ultimate solution when it comes to a better understanding of the industry and leads the business growth. The report covers an overview of the segments and sub-segmentations including the product types,…
GPS Market analysis report- with Leading players and Major Applications: GPS-Ena …
GPS Market
Worldwide Market Reports has announced the addition of the “Global GPS Market Size, Status and Forecast 2019-2025”, The report classifies the global Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
Global positioning system (GPS) is a global navigation satellite system that provides information about time and geolocation to the receiver anywhere on or near the earth where four…
Location Based Services Market Report 2018: Segmentation by Component (Hardware, …
Global Location Based Services market research report provides company profile for Cisco Systems, Inc., Google Inc., Alcatel-Lucent SA, AT&T Inc., International Business Machines Corporation, Ltd., Qualcomm Inc., Microsoft Corporation, Oracle Corporation, Apple, Inc., and Bharti Airtel, LTD. and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue,…
GPS Tracking Device Market - Increased Accuracy Of GPS And Decreased In Cost Of …
Navigators and security systems have always been a necessity things of human’s life. The developments of advanced electronics have brought revolutionary changes in these fields. The GPS tracking devices are an electronic device used for tracking location of devices. Most of the tracking systems use GPS module to find out the device position. Many systems also combine communication components such as satellite transmitters to communicate the device location to a…
Global Fixed Anti-theft GPS Devices Sales Market 2017 Key Players - Coban, Goome …
The report on the Global Fixed Anti-theft GPS Devices market produces the overall analysis through various types and gives in-depth interpretation of the properties, and some other details. The report segments market into different aspects such as applications and industrial-use. It also describes sub segments of the Global market.
The top players including
Coban
Goome
Live View GPS
Jizhun GPS
Mogo Track
3 Union Star
BSJ Tech
China GPS
Huaqiang Information
Chaoqian Tech
E-eye High Tech
Linghangtong GPS
Ask For Sample Report @ https://www.fiormarkets.com/report-detail/129242/request-sample
On…