The Global GPS Positioner Market size is expected to grow from USD 8.25 Billion in 2018 to USD XX Billion by 2028, at a CAGR of 7.2%. The increase in demand for GPS positioners across various applications such as vehicles, items, people, and pets are the main factors driving the growth of this market during the forecast period (2021-2028).
GPS Positioner is a small device that consists of a GPS module, microcontroller, and daughter boards. It can be used in applications such as navigation for people or objects, surveillance systems with real-time tracking, location-based services on mobile phones, etc.
On the basis of Types, the market is segmented into Independent Positioners and Advanced Positioner. The independent positioners segment is estimated to account for the largest share of the market in 2018.
Independent GPS Positioners are a type of device that can be used to track and monitor objects. It has the ability to detect, record, and store data in real-time, without requiring assistance from other devices or systems. This makes them suitable for use with any object, including vehicles such as cars, trucks, etc., items such as suitcases, bags, etc., persons who can carry these positioners on their person e.g. children or pets which may have been tagged using an electronic chip containing information about its owner’s details.
An advanced GPS positioner is a type of GPS positioning system that provides more precise and accurate data with high speed, which is perfect for the industries such as automotive. The time it takes to detect a location using an advanced GPS positioning system can be less than a second.
On the basis of Application, the market is segmented into Vehicle, Items, Person, Pet, and Other. The vehicle segment is expected to account for the largest share of the market by 2028 owing to its usage by various end-use industries such as the automotive industry which requires an accurate navigation system that can provide real-time data about vehicles and their location. This helps them improve routing efficiency and optimize delivery routes using these positioners.
The uses of GPS Positioner in a Vehicle can be used for locating, positioning assisting & monitoring the vehicle. It also provides information regarding speed and location which is useful to provide real-time updates about your position or status with accurate time stamping at any given point in time.
A GPS Positioner is a device that uses the Global Navigation Satellite System (GNSS) to determine its geographical position. The main use of this technology in human beings would be for personal tracking purposes, which could help find people who have gone missing or are otherwise unable to communicate their whereabouts through other means.
GPS Positioners are available as both collar and handheld devices. A pet's owner can monitor their pet's location, activity level, and other vital information such as the temperature of his or her surroundings through a mobile app on either iOS or Android platforms.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Europe is projected to become the fastest-growing region during the forecast period due to increased demand for advanced positioners from end-user industries such as Material Handling & Logistics, Industrial Equipment, and Business Intelligence.
The Asia Pacific market is expected to grow rapidly during the forecast period owing to the high adoption rate of GPS technology in emerging countries like India, China. Furthermore, an increasing number of fleet management companies would boost Asia Pacific market growth over the next seven years.
GPS positioner is a small device that helps to identify your location in order to share data with other devices. It can be easily attached to vehicles, items, and people which makes it unique from other positioning systems. The best part of these products is their affordability, portability, and compatibility across various applications.
Henceforth they have emerged as an important asset for businesses seeking cost-effective solutions for their fleet management needs while maintaining high levels of safety by tracking their assets in real-time. These factors would continue to drive market growth over the forecast period because GPS technology plays a vital role in major industries including transportation & logistics, the shipping & aviation industry, etc.
Up Market Research published a new report titled “GPS Positioner Market research report which is segmented by Types (Independent Positioner, Advanced Positioner), By Applications (Vehical, Items, Person, Pet, Other), By Players/Companies Concox Information Technology Co.,Ltd., CalAmp, Tomtom, Queclink, Teltonika, Meitrack, Orbocomm, Eelink, Sierra Wireless, Hefei Shangrui Information Technology Co.,Ltd., ARKNAV International Inc., Suntech, Ruptela”.
Report Attributes | Report Details |
Report Title | GPS Positioner Market Research Report |
By Type | Independent Positioner, Advanced Positioner |
By Application | Vehical, Items, Person, Pet, Other |
By Companies | Concox Information Technology Co.,Ltd., CalAmp, Tomtom, Queclink, Teltonika, Meitrack, Orbocomm, Eelink, Sierra Wireless, Hefei Shangrui Information Technology Co.,Ltd., ARKNAV International Inc., Suntech, Ruptela |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 232 |
Number of Tables & Figures | 163 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Independent Positioner, Advanced Positioner and By Application Vehical, Items, Person, Pet, Other.
Some of the companies that are profiled in this report are:
GPS Positioner Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the GPS Positioner Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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