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GPS Equipment Global Market Report 2020-30: Covid 19 Impact and Recovery

Region:Global

Product Code:7380

Download Sample Report
Published On

April 2020

Total pages

200

About the Report

Major players in the positioning system (GPS) equipment market are Calamp Corporation, Sierra Wireless, Inc., Orbocomm Inc., Queclink Wireless Solutions Co., Ltd, Laird PLC., Tomtom International Bv, Concox Wireless Solution, Xirgo Technologies, Inc., Shenzhen Concox Information Technology Co. Ltd. and Maestro Wireless Solutions.
 
The global GPS equipment market was worth USD 482 million in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 9.60% and reach USD 695.4 million by 2023.
 
The global positioning system (GPS) equipment market consists of sales of global positioning systems equipment and related services for determining the ground position of an object through GPS satellites. GPS is a satellite navigation system that transmits specific signals that allow GPS equipment to decode and measure the exact location of the satellite.
 
The GPS equipment market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America, Middle East and Africa. In 2019, North America was the largest region in the GPS equipment market.
 
Increased use of GPS tracking devices in commercial vehicles contributed to the growth of the GPS equipment market. GPS tracking devices help in monitoring commercial vehicles such as trucks, buses, heavy commercial vehicles, and construction vehicles. Through monitoring and handling these vehicles in real time with GPS trackers, companies can get real time updates, optimize routes, increase efficiency, and improve fuel efficiency among others. Businesses are increasingly using GPS for tracking vehicles and will have an edge over their competitors in giving a better customer experience. Therefore, the use of GPS equipment in commercial vehicles is a key factor leading to the growth of the GPS equipment market.
 
The GPS equipment market covered in this report is segmented by product type into data loggers, data pushers, data pullers, covert GPS trackers. It is also segmented by end-use industry into transportation & logistics, construction, oil & gas, metals & mining, government, others (hospitality, education, retail, agriculture, and healthcare) and by application into road, aviation, marine, location-based services, surveying and mapping, others.
 
The software integrated with GPS trackers has developed rapidly. The use of advanced software can deliver real time data on a specific location. The advanced software has helped improve mapping capabilities and the ability to integrate with resources such as Google Earth and predictive diagnosis. For instance, in 2019, National Kidney Registry and Newgate Security have upgraded to new GPS technology-based GPS tracking devices for real-time monitoring of human organ shipments in real time. The development of an enhanced GPS tracker is gaining traction and contributes to the growth of the market.
 
BAE Systems, Inc., a UK based aerospace and security company, acquired Collins Aerospace's military global positioning system (GPS) business for USD 1.925 billion and Raytheon's Airborne Tactical Radios (ATR) business for cash of USD 275 million. The acquisitions of GPS and ATR business is aimed to strengthen BAE Systems, Inc. in defense electronics and communication systems business. Collins Aerospace, a USA based company, specialized in avionics and information technology systems business. Raytheon, a USA based company, specialized in the manufacturing of military and commercial electronics.
 
Security threat in GPS tracking applications is expected to hinder the growth of the market. Hackers can interfere with the signals from GPS equipment and take advantage of the vehicle in ways unimaginable. The signals could be jammed during the transmission. The vulnerability of GPS will allow a hacker to track the positions of thousands of vehicles and even switching the engines off while they are in motion causing a complication. For instance, in 2019, a hacker named L&M reportedly hacked into thousands of accounts belonging to users of the iTrack and ProTrack GPS tracker devices. The hacker claimed that he could track vehicles in many countries, including South Africa, Morocco, India, and the Philippines. The vulnerabilities in GPS equipment causing complications in smooth operations restrict the growth of the market.
 
 

Scope of the Report

Products

1) By Product Type: Data loggers; Data pushers; Data pullers; Covert GPS Trackers; 2) By End-Use Industry: Transportation & Logistics; Construction; Oil & Gas; Metals & Mining; Government; Others (Hospitality, Education, Retail, Agriculture, and Healthcare); 3) By Application: Road; Aviation; Marine; Location-based services; Surveying and Mapping; Others

Companies

Calamp Corporation,; Sierra Wireless, Inc.; Orbocomm Inc.; Queclink Wireless Solutions Co., Ltd; Laird PLC.; Tomtom International Bv; Concox Wireless Solution; Xirgo Technologies, Inc.; Shenzhen Concox Information Technology Co. Ltd.; Maestro Wireless Solutions; Geotab Inc; Teltonika UAB; Trimble Navigation Limited; MiTAC Digital Technology Corporation (Navman); Spy tech, Inc.; Texas Instruments Inc; Garmin Ltd; Mio Technology Corporation; Shenzhen Coban Electronics Co., Ltd; Ruptela UAB; MeitrackGroup; Verizon Wireless; Trackimo LLC

Table of Contents

1. Executive Summary

2. GPS Equipment Market Characteristics

3. GPS Equipment Market Size And Growth

3.1. Global GPS Equipment Historic Market, 2015-2019, USD Billion

3.1.1. Drivers Of The Market

3.1.2. Restraints On The Market

3.2. Global GPS Equipment Forecast Market, 2019-2023F, 2025F, 2030F, USD Billion

3.2.1. Drivers Of The Market

3.2.2. Restraints On the Market

4. GPS Equipment Market Segmentation

4.1. Global GPS Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Data loggers

Data pushers

Data pullers

Covert GPS Trackers

4.2. Global GPS Equipment Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Transportation & Logistics

Construction

Oil & Gas

Metals & Mining

Government

Others (Hospitality, Education, Retail, Agriculture, and Healthcare)

4.3. Global GPS Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Road

Aviation

Marine

Location-based services

Surveying and Mapping

Others

5. GPS Equipment Market Regional And Country Analysis

5.1. Global GPS Equipment Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

5.2. Global GPS Equipment Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

6. Asia-Pacific GPS Equipment Market

6.1. Asia-Pacific GPS Equipment Market Overview

6.2. Asia-Pacific GPS Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

7. China GPS Equipment Market

7.1. China GPS Equipment Market Overview

7.2. China GPS Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,USD Billion

8. India GPS Equipment Market

8.1. India GPS Equipment Market Overview

8.2. India GPS Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

9. Japan GPS Equipment Market

9.1. Japan GPS Equipment Market Overview

9.2. Japan GPS Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

10. Australia GPS Equipment Market

10.1. Australia GPS Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

11. Indonesia GPS Equipment Market

11.1. Indonesia GPS Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

12. South Korea GPS Equipment Market

12.1. South Korea GPS Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

13. Western Europe GPS Equipment Market

13.1. Western Europe GPS Equipment Market Overview

13.2. Western Europe GPS Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

14. UK GPS Equipment Market

14.1. UK GPS Equipment Market Overview

14.2. UK GPS Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

15. Germany GPS Equipment Market

15.1. Germany GPS Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

16. France GPS Equipment Market

16.3. France GPS Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

17. Eastern Europe GPS Equipment Market

17.1. Eastern Europe GPS Equipment Market Overview

17.2. Eastern Europe GPS Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

18. Russia GPS Equipment Market

18.1. Russia GPS Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

19. North America GPS Equipment Market

19.1. North America GPS Equipment Market Overview

19.2. North America GPS Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

20. USA GPS Equipment Market

20.1. USA GPS Equipment Market Overview

20.2. USA GPS Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

21. South America GPS Equipment Market

21.1. South America GPS Equipment Market Overview

21.2. South America GPS Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

22. Brazil GPS Equipment Market

22.1. Brazil GPS Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

23. Middle East GPS Equipment Market

23.1. Middle East GPS Equipment Market Overview

23.2. Middle East GPS Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

24. Africa GPS Equipment Market

24.1. Africa GPS Equipment Market Overview

24.2. Africa GPS Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

25. GPS Equipment Market Competitive Landscape And Company Profiles

25.1. GPS Equipment Market Competitive Landscape

25.2. GPS Equipment Market Company Profiles

25.2.1. Calamp Corporation,

25.2.1.1. Overview

25.2.1.2. Products and Services

25.2.1.3. Strategy

25.2.1.4. Financial Performance

25.2.2. Sierra Wireless, Inc.,

25.2.2.1. Overview

25.2.2.2. Products and Services

25.2.2.3. Strategy

25.2.2.4. Financial Performance

25.2.3. Orbocomm Inc.,

25.2.3.1. Overview

25.2.3.2. Products and Services

25.2.3.3. Strategy

25.2.3.4. Financial Performance

25.2.4. Queclink Wireless Solutions Co., Ltd,

25.2.4.1. Overview

25.2.4.2. Products and Services

25.2.4.3. Strategy

25.2.4.4. Financial Performance

25.2.5. Laird PLC.,

25.2.5.1. Overview

25.2.5.2. Products and Services

25.2.5.3. Strategy

25.2.5.4. Financial Performance

26. Key Mergers And Acquisitions In The GPS Equipment Market

27. GPS Equipment Market Trends And Strategies

28. GPS Equipment Market Future Outlook and Potential Analysis

29. Appendix

29.1. Abbreviations

29.2. Currencies

29.3. Research Inquiries

29.4. The Business Research Company

29.5. Copyright And Disclaimer

 

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