Press release
North America is expected hold the largest share of the market during the forecast period 2018 to 2028
Global Smart Car Tracking Systems Market: IntroductionThe 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).
Click HERE to Get Synopsis of the Report-https://www.factmr.com/report/958/smart-car-tracking-systems-market
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.
For detailed insights on enhancing your product footprint, request for a sample here-https://www.factmr.com/connectus/sample?flag=S&rep_id=958
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.
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
Need more information about Report Methodology? Click here- https://www.factmr.com/connectus/sample?flag=RM&rep_id=958
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.
Full Access of this Exclusive Report is Available at-https://www.factmr.com/checkout/958/S
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.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
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 North America is expected hold the largest share of the market during the forecast period 2018 to 2028 here
News-ID: 2279364 • Views: …
More Releases from Fact.MR
Well Intervention Market is Predicted to Reach US$ 17.1 Billion by 2035, Expandi …
The global well intervention market is projected to increase from USD 8.7 billion in 2025 to USD 17.1 billion by 2035, with a compound annual growth rate (CAGR) of 7.0% during the forecast period. Growth is driven by the growing need for energy, along with aging oil and gas wells. Offshore rig operators are stepping up their game by investing in both light and heavy intervention services to enhance efficiency…
Assembly Robot Market Size Worth US$ 54,915.6 Million by 2035 at a CAGR Of 11.6% …
The global assembly robot market is projected to rise from USD 18,325.4 million in 2025 to USD 54,915.6 million by 2035, reflecting a robust compound annual growth rate (CAGR) of 11.6% during the forecast period. This growth is fueled by advancements in artificial intelligence, machine learning, and 5G technology, which enhance robots' precision, efficiency, and safety, particularly in collaborative operations alongside human workers.
These innovations allow assembly robots to execute complex…
Zonal Isolation Packers Market is Predicted to Reach US$ 4.6 Billion by 2035, Ex …
The global zonal isolation packers market is projected to increase from USD 2.8 billion by 2025 to USD 4.6 billion by 2035, with a CAGR of 5.1% during the forecast period. Growth is driven by rising focus on well integrity during drilling and production, which has accelerated the use of mechanical and swellable packers.
Operators are adopting zonal isolation systems to prevent cross-zone fluid migration and ensure long-term performance. The rise…
Lithium-Ion Battery Pack Market Size Expected to Reach US$ 92.8 Billion by 2035: …
The global lithium-ion (Li-ion) battery pack market is poised for significant growth, with projections indicating an increase from USD 66.4 billion in 2025 to USD 92.8 billion by 2035, reflecting a compound annual growth rate (CAGR) of 3.4% during the forecast period.
This expansion is largely driven by the rising adoption of electric vehicles (EVs), advances in renewable energy storage solutions, and ongoing innovations in battery technology.
For More Insights into the…
More Releases for Car
Car Washing Services Market Is Booming So Rapidly with Mister Car Wash, Zips Car …
The Car Washing Services Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market.…
Car Wash Service Market Boosting the Growth Worldwide: Auto Bell Car Wash, Miste …
The latest study released on the Global Car Wash Service Market by AMA Research evaluates market size, trend, and forecast to 2027. The Car Wash Service market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key…
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…
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…
