Allied Market Research

Vehicle Tracking System Market Size, Global Industry Analysis and Forecast 2023

vehicle tracking system market is segmented on the basis of type, vehicle type, technology, industry verticals, and geography.


Portland, OR -- (SBWIRE) -- 09/21/2017 -- Vehicle Tracking System Combines the use of automatic vehicle location with software that collects these fleet data for a complete picture of vehicle locations. Modern vehicle tracking systems commonly use Global Positioning System (GPS) (gps tracking industry statistics) or Global Navigation Satellite System (GLONASS) technology for locating the vehicle, but other types of automatic vehicle location technology can also be used. Such information can be viewed on electronic maps via the internet or specialized software. Tracking provides information such as mileage, fuel consumption, and speed of the vehicle. Savings can also be done by monitoring the driven route and speed.

The key players described in the market are AT&T Intellectual Property, CarTrack, Comm-Port Technologies, Continental AG, Delphi Automotive LLP, Eresource ERP, Magna International Inc., Robert Bosch GmbH, Verizon, and Zonar Systems.

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- Standalone tracker
- OBD Device & advance tracker

Government initiatives to implement tracking systems in cars, rise in demand for cars, and innovation drive the market growth. With continuous innovations taking place in the field of sensors, developments are expected to witness a boost and thereby the technology is anticipated to gain prominence. However, inability of such systems to work without internet connectivity and security issues are the major concerns.

Vehicle Type
- Trucks
- Light Goods
- Buses
- Corporate fleets
- Container ships
- Aircrafts

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The vehicle tracking system market is segmented on the basis of type, vehicle type, technology, industry verticals, and geography. By type, it is divided into in-vehicle surveillance, out-vehicle surveillance, and under-vehicle surveillance. By vehicle type (fleet management market size ), it is bifurcated into passenger cars and commercial cars. By technology, it is classified into adaptive cruise control, parking assistance system, blind spot detection systems, lane departure warning system, heads-up display, GPS, and others. By industry verticals, it is categorized into military & defense, commercial, government buildings, and others. By geography, it is analyzed across North-America, Asia-Pacific, Europe, and LAMEA.

- Transportation & logistics
- Metals & mining
- Construction

Components, Technologies, And Services
- Fleet analytics
- Vehicle tracking and fleet monitoring
- Telemetric
- Vendor services

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- North America
o U.S.
o Canada
o Mexico
- Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific