Global GPS Tracking Device Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2015-2023

GPS tracking devices are those devices which are used to obtain accurate, real-time location-based information about a particular vehicle or person.

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Portland, OR -- (SBWire) -- 08/04/2017 --GPS tracking devices are those devices which are used to obtain accurate, real-time location-based information about a particular vehicle or person. GPS Tracking Devices are used to detect the vehicle or person, that uses the global positioning system to determine and track its precise location, and hence that of its carrier, at intervals. The location of a moving vehicle or person are stored in the tracking unit and transmitted to the central database. The GPS tracker should contain a GPS module to receive the GPS signal.

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The GPS Tracking Device Market is segmented on the basis of type, application and geography. The type segment is bifurcated into data loggers, data pushers, data pullers and covert GPS Trackers. The application segment is bifurcated into aerospace & defense, oil & gas, mining, transportation, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

Rise in transportation & logistic industry
Smaller size, longer life, and high Roi
Growth in automotive industry
Restraints:

High manufacturing cost
Impact of nonstandard products and several environmental factors

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Market Players:
Top market players profiled in the report are Orbcomm Inc, Laird PLC., Teltonika UAB, Geotab Inc., Sierra Wireless, Inc., Queclink Wireless Solutions Co ., Ltd, Tomtom International Bv, Atrack Technology Inc., Calamp Corporation and Shenzhen Concox Information Technology Co.

MARKET LANDSCAPE

By Type

Data loggers
Data pushers
Data pullers
Covert GPS Trackers

By Application
Aerospace & Defense
Oil & Gas
Mining
Transportation
Others

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By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
Australia
China
Japan
India
Singapore
Rest of Asia-Pacific

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View this press release online at: http://rwire.com/844025