Vehicle Tracking System Market By Type, Vehicle And Industry - Global Industry Analysis And Forecast To 2023
Published On : June 2022 Pages : 180 Category: Emerging & Next Generation Technologies Report Code : SE06872
Industry Outlook & Trend Analysis.
The Vehicle Tracking System market was worth USD 0.94 billion in 2017 and is expected to reach approximately USD 2.78 billion by 2023 at a CAGR of 12.81%. To track the location of a modern vehicle, frequently a Global Positioning System (GPS) used for the purpose. These systems make use of radio, satellites or cellular modems linked with tracking devices. Thus devices with GPS enables can be used to track precise location of mobile objects. The location is determined in terms of geometric co-ordinates. The market is driven by initiatives taken by governments to implement these devices in cars, rising demand for cars, demand for devices in transport sector and continuous evolution of devices through innovations. During the forecast period the market is foreseen to grow with a lucrative rate. The inability of these systems to work without internet connection is a restraint to the market.
Type Outlook & Trend Analysis
Based on type, the market is segmented as OBD Devices, Standalone Tracker and Advance Tracker. OBD or On-Board Devices are attached under the dashboard of a vehicle. These devices are predicted to grow reasonably during the forecast. An Advanced Tracking device has ability to track vehicles even when the GPS antennas aren’t reachable, this is done by using cellular technology. Advanced Tracking Devices are expected to grow with an attractive rate during the forecast.
Vehicle Outlook & Trend Analysis
The Vehicle based segmentation of Vehicle Tracking System is divided into Passenger Carrying Vehicles (PCV), Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV) and Two-Wheelers. The HCV Vehicle tracking system market will report XX CAGR from 2017-2023. Owing to increasing construction activities giving rise to demand for transportation of goods, the HCV market will grow over the forecast period. Increasing importance given by consumers for engine diagnostics and understanding performance of fleet is propelling the growth. Increase in number of vehicles that are used for transporting light weight goods is boosting the market for LCV.
Industry Outlook & Trend Analysis
The Industry based fragmentation of vehicle tracking market is as follows, Private Cars, Logistics, Construction, Fleet Management and Two-Wheeler Tracking. The Logistics market is estimated to value USD XX $ by 2023. The advanced units enabling two way tracking, lower prices and ease of availability are factors expected to propel growth of logistics market. The fleet management market will also grow substantially over the forecast period due to rising interest in effective management of vehicles. The private car segment will grow steadily over the course of time.
Regional Outlook & Trend Analysis
Regionally the market is divided into as North America, Asia-Pacific, Europe and Rest of World. The North America Market will continue to rule during the forecast owing to presence of major market players and various leading automobile companies in the region. Various regulations imposed by the Government will help boost the market growth in North America. The Asia-Pacific Region will grow substantially due to rise in automotive production and various regulations being imposed by developing economies in the region. The Indian government passed a regulation stating compulsory installation of GPS tracking systems and SOS Buttons in vehicles with above six seat capacity.
Competitive Insights
The leading players in market are AT&T Intellectual Property, Robert Bosch GmbH, CarTrack, Laird PLC, Calamp Corp, Teltonika UAB, Comm-Port Technologies, Delphi Automotive LLP, Concox Wireless Solution Co. Ltd., Continental AG, TomTom International BV, ATrack Technology Inc, Orbocomm Inc, Ltd, Sierra Wireless Inc., Geotab Inc. Meitrack Group,Verizon, Zonar Systems, and Trackimo LLC. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Vehicle Tracking System Market is segmented as follows-
By Type:
- OBD Devices
- Standalone Tracker
- Advance Tracker
By Vehicle:
- Passenger Carrying Vehicles (PCV)
- Light Commercial Vehicles (LCV)
- Heavy Commercial Vehicles (HCV
- Two-Wheelers
By Industry:
- Private Cars
- Logistics
- Construction
- Fleet Management
- Two-Wheeler Tracking
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Columbia
- South Africa
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Nigeria
- South Africa
- Rest of MEA
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2023?
- What will be the industry market growth from 2017 to 2023?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
· Vehicle Tracking System Market, By Type, Estimates and Forecast, 2014-2023 ($Million)
o OBD Devices
o Standalone Tracker
o Advance Tracker
· Vehicle Tracking System Market, By Vehicle, Estimates and Forecast, 2014-2023 ($Million)
o Passenger Carrying Vehicles (PCV)
o Light Commercial Vehicles (LCV)
o Heavy Commercial Vehicles (HCV)
o Two-Wheeler
· Vehicle Tracking System Market, By Industry, Estimates and Forecast, 2014-2023 ($Million)
o Private Cars
o Logistics
o Construction
o Fleet Management
o Two-Wheeler Tracking
· Vehicle Tracking System Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
o North America
§ North America Vehicle Tracking System Market, By Country
o U.S. Vehicle Tracking System Market
o Canada Vehicle Tracking System Market
o Mexico Vehicle Tracking System Market
o Europe
§ Europe Vehicle Tracking System Market, By Country
o Germany Vehicle Tracking System Market
o UK Vehicle Tracking System Market
o France Vehicle Tracking System Market
o Russia Vehicle Tracking System Market
o Italy Vehicle Tracking System Market
o Rest of Europe Vehicle Tracking System Market
o Asia-Pacific
§ Asia-Pacific Vehicle Tracking System Market, By Country
o China Vehicle Tracking System Market
o Japan Vehicle Tracking System Market
o South Korea Vehicle Tracking System Market
o India Vehicle Tracking System Market
o Southeast Asia Vehicle Tracking System Market
o Rest of Asia-Pacific Vehicle Tracking System Market
o South America
§ South America Vehicle Tracking System Market
o Brazil Vehicle Tracking System Market
o Argentina Vehicle Tracking System Market
o Columbia Vehicle Tracking System Market
o South Africa Vehicle Tracking System Market
o Rest of South America Vehicle Tracking System Market
o Middle East and Africa
§ Middle East and Africa Vehicle Tracking System Market
o Saudi Arabia Vehicle Tracking System Market
o UAE Vehicle Tracking System Market
o Egypt Vehicle Tracking System Market
o Nigeria Vehicle Tracking System Market
o South Africa Vehicle Tracking System Market
o Rest of MEA Vehicle Tracking System Market
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Rise In Number of Commercial Vehicles
3.2.1.2. Rising Demand for vehicle Tracking.
3.2.1.3. Affordable Prices of Tracking Systems
3.2.2. Restraints
3.2.2.1. Negative Impact of Non-Standard Products Leads to Bad Consumer Experience.
3.2.3. Opportunities
3.2.3.1. Use of GPS Tracking Devices for Usage Based Insurance (UBI)
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2017-2023)
4.1.2. Canada Market States and Outlook (2017-2023)
4.1.3. Mexico Market States and Outlook (2017-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2017-2023)
4.2.2. France Market States and Outlook (2017-2023)
4.2.3. UK Market States and Outlook (2017-2023)
4.2.4. Russia Market States and Outlook (2017-2023)
4.2.5. Italy Market States and Outlook (2017-2023)
4.2.6. Rest of Europe Market States and Outlook (2017-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2017-2023)
4.3.2. Japan Market States and Outlook (2017-2023)
4.3.3. Korea Market States and Outlook (2017-2023)
4.3.4. India Market States and Outlook (2017-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2017-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2017-2023)
4.4.2. Argentina Market States and Outlook (2017-2023)
4.4.3. Columbia Market States and Outlook (2017-2023)
4.4.4. Rest of South America Market States and Outlook (2017-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2017-2023)
4.5.2. UAE Market States and Outlook (2017-2023)
4.5.3. Egypt Market States and Outlook (2017-2023)
4.5.4. Nigeria Market States and Outlook (2017-2023)
4.5.5. South Africa Market States and Outlook (2017-2023)
4.5.6. Rest of MEA Market States and Outlook (2017-2023)
5. Vehicle Tracking System Market, By Type
5.1. Introduction
5.2. Global Vehicle Tracking System Sales, Revenue and Market Share By Type (2017-2027)
5.2.1. Global Vehicle Tracking System Sales and Sales Share By Type (2017-2027)
5.2.2. Global Vehicle Tracking System Revenue and Revenue Share By Type (2017-2027)
5.3. OBD Devices
5.3.1. Global OBD Devices Sales and Growth Rate (2017-2027)
5.4. Standalone Tracker
5.4.1. Global Standalone Tracker Sales and Growth Rate (2017-2027)
5.5. Advanced Trackers
5.5.1. Global Advanced Trackers Sales and Growth Rate (2017-2027)
6. Vehicle Tracking System Market, By Vehicle
6.1. Introduction
6.2. Global Vehicle Tracking System Sales, Revenue and Market Share By Vehicle (2017-2027)
6.2.1. Global Vehicle Tracking System Sales and Sales Share By Vehicle (2017-2027)
6.2.2. Global Vehicle Tracking System Revenue and Revenue Share By Vehicle (2017-2027)
6.3. Passenger Carrying Vehicles (PCV)
6.3.1. Global Passenger Carrying Vehicles (PCV) Sales and Growth Rate (2017-2027)
6.4. Light Commercial Vehicles (LCV)
6.4.1. Global Light Commercial Vehicles (LCV) Sales and Growth Rate (2017-2027)
6.5. Heavy Commercial Vehicles (HCV)
6.5.1. Global Heavy Commercial Vehicles (HCV) Sales and Growth Rate (2017-2027)
6.6. Two-Wheelers
6.6.1. Global Two-Wheelers Sales and Growth Rate (2017-2027)
7. Vehicle Tracking System Market, By Industry
7.1. Introduction
7.2. Global Vehicle Tracking System Sales, Revenue and Market Share By Industry (2017-2027)
7.2.1. Global Vehicle Tracking System Sales and Sales Share By Industry (2017-2027)
7.2.2. Global Vehicle Tracking System Revenue and Revenue Share By Industry (2017-2027)
7.3. Private Cars
7.3.1. Global Private Cars Sales and Growth Rate (2017-2027)
7.4. Logistics
7.4.1. Global Logistics Sales and Growth Rate (2017-2027)
7.5. Construction
7.5.1. Global Construction Sales and Growth Rate (2017-2027)
7.6. Fleet Management
7.6.1. Global Fleet Management Sales and Growth Rate (2017-2027)
7.7. Two-Wheeler Tracking
7.7.1. Global Two-Wheeler Tracking Sales and Growth Rate (2017-2027)
8. Vehicle Tracking System Market, By Region
8.1. Introduction
8.2. Global Vehicle Tracking System Sales, Revenue and Market Share by Regions
8.2.1. Global Vehicle Tracking System Sales by Regions (2017-2027)
8.2.2. Global Vehicle Tracking System Revenue by Regions (2017-2027)
8.3. North America Vehicle Tracking System by Countries
8.3.1. North America Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.3.2. North America Vehicle Tracking System Revenue and Growth Rate (2017-2027)
8.3.3. North America Vehicle Tracking System Sales by Countries (2017-2027)
8.3.4. North America Vehicle Tracking System Revenue (Million USD) by Countries (2017-2027)
8.3.5. U.S.
8.3.5.1. United States Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.3.5.2. United States Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.3.6. Canada
8.3.6.1. Canada Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.3.6.2. Canada Vehicle Tracking System Sales (Millions USD) and Growth Rate (2017-2027)
8.3.7. Mexico
8.3.7.1. Mexico Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.3.7.2. Mexico Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.4. Europe Vehicle Tracking System by Countries
8.4.1. Europe Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.4.2. Europe Vehicle Tracking System Revenue and Growth Rate (2017-2027)
8.4.3. Europe Vehicle Tracking System Sales by Countries (2017-2027)
8.4.4. Europe Vehicle Tracking System Revenue (Million USD) by Countries (2017-2027)
8.4.5. Germany
8.4.5.1. Germany Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.4.5.2. Germany Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.6. UK
8.4.6.1. UK Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.4.6.2. UK Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.7. France
8.4.7.1. France Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.4.7.2. France Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.8. Russia
8.4.8.1. Russia Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.4.8.2. Russia Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.9. Italy
8.4.9.1. Italy Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.4.9.2. Italy Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.10. Rest of Europe
8.4.10.1. Rest of Europe Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.4.10.2. Rest of Europe Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.5. Asia-Pacific
8.5.1. Asia-Pacific Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.5.2. Asia-Pacific Vehicle Tracking System Revenue and Growth Rate (2017-2027)
8.5.3. Asia-Pacific Vehicle Tracking System Sales by Countries (2017-2027)
8.5.4. Asia-Pacific Vehicle Tracking System Revenue (Million USD) by Countries (2017-2027)
8.5.5. China
8.5.5.1. China Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.5.5.2. China Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.6. Japan
8.5.6.1. Japan Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.5.6.2. Japan Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.7. Korea
8.5.7.1. Korea Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.5.7.2. Korea Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.8. India
8.5.8.1. India Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.5.8.2. India Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.9. Southeast Asia
8.5.9.1. Southeast Asia Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.5.9.2. Southeast Asia Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.10. Rest of Asia-Pacific
8.5.10.1. Rest of Asia-Pacific Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.5.10.2. Rest of Asia-Pacific Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.6. South America
8.6.1. South America Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.6.2. South America Vehicle Tracking System Revenue and Growth Rate (2017-2027)
8.6.3. South America Vehicle Tracking System Sales by Countries (2017-2027)
8.6.4. South America Vehicle Tracking System Revenue (Million USD) by Countries (2017-2027)
8.6.5. Brazil
8.6.5.1. Brazil Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.6.5.2. Brazil Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.6. Argentina
8.6.6.1. Argentina Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.6.6.2. Argentina Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.7. Columbia
8.6.7.1. Columbia Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.6.7.2. Columbia Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.8. Rest of South America
8.6.8.1. Rest of South America Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.6.8.2. Rest of South America Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.7. Middle East and Africa
8.7.1. Middle East and Africa Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.7.2. Middle East and Africa Vehicle Tracking System Revenue and Growth Rate (2017-2027)
8.7.3. Middle East and Africa Vehicle Tracking System Sales by Countries (2017-2027)
8.7.4. Middle East and Africa Vehicle Tracking System Revenue (Million USD) by Countries (2017-2027)
8.7.5. Saudi Arabia
8.7.5.1. Saudi Arabia Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.7.5.2. Saudi Arabia Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.6. United Arab Emirates
8.7.6.1. United Arab Emirates Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.7.6.2. United Arab Emirates Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.7. Egypt
8.7.7.1. Egypt Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.7.7.2. Egypt Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.8. Nigeria
8.7.8.1. Nigeria Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.7.8.2. Nigeria Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.9. South Africa
8.7.9.1. South Africa Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.7.9.2. South Africa Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.10. Rest of Middle East and Africa
8.7.10.1. Rest of Middle East and Africa Vehicle Tracking System Sales and Growth Rate (2017-2027)
8.7.10.2. Rest of Middle East and Africa Vehicle Tracking System Revenue (Millions USD) and Growth Rate (2017-2027)
9. Company Profiles
9.1. AT&T Intellectual Property
9.1.1. Business Overview
9.1.2. Product Portfolio
9.1.3. Strategic Developments
9.1.4. Sales, Revenue and Market Share
9.2. Robert Bosch GmbH
9.2.1. Business Overview
9.2.2. Product Portfolio
9.2.3. Strategic Developments
9.2.4. Sales, Revenue and Market Share
9.3. CarTrack
9.3.1. Business Overview
9.3.2. Product Portfolio
9.3.3. Strategic Developments
9.3.4. Sales, Revenue and Market Share
9.4. Laird PLC
9.4.1. Business Overview
9.4.2. Product Portfolio
9.4.3. Strategic Developments
9.4.4. Sales, Revenue and Market Share
9.5. Calamp Corp
9.5.1. Business Overview
9.5.2. Product Portfolio
9.5.3. Strategic Developments
9.5.4. Sales, Revenue and Market Share
9.6. Teltonika UAB
9.6.1. Business Overview
9.6.2. Product Portfolio
9.6.3. Strategic Developments
9.6.4. Sales, Revenue and Market Share
9.7. Comm-Port Technologies
9.7.1. Business Overview
9.7.2. Product Portfolio
9.7.3. Strategic Developments
9.7.4. Sales, Revenue and Market Share
9.8. Delphi Automotive LLP
9.8.1. Business Overview
9.8.2. Product Portfolio
9.8.3. Strategic Developments
9.8.4. Sales, Revenue and Market Share
9.9. Concox Wireless Solution Co. Ltd
9.9.1. Business Overview
9.9.2. Product Portfolio
9.9.3. Strategic Developments
9.9.4. Sales, Revenue and Market Share
9.10. Continental AG
9.10.1. Business Overview
9.10.2. Product Portfolio
9.10.3. Strategic Developments
9.10.4. Sales, Revenue and Market Share
9.11. Sierra Wireless Inc
9.11.1. Business Overview
9.11.2. Product Portfolio
9.11.3. Strategic Developments
9.11.4. Sales, Revenue and Market Share
9.12. Orbocomm Inc
9.12.1. Business Overview
9.12.2. Product Portfolio
9.12.3. Strategic Developments
9.12.4. Sales, Revenue and Market Share
9.13. TomTom International BV
9.13.1. Business Overview
9.13.2. Product Portfolio
9.13.3. Strategic Developments
9.13.4. Sales, Revenue and Market Share
9.14. Geotab
9.14.1. Business Overview
9.14.2. Product Portfolio
9.14.3. Strategic Developments
9.14.4. Sales, Revenue and Market Share
9.15. Meitrack Group
9.15.1. Business Overview
9.15.2. Product Portfolio
9.15.3. Strategic Developments
9.15.4. Sales, Revenue and Market Share
9.16. Verizon
9.16.1. Business Overview
9.16.2. Product Portfolio
9.16.3. Strategic Developments
9.16.4. Sales, Revenue and Market Share
9.17. Zonar Systems
9.17.1. Business Overview
9.17.2. Product Portfolio
9.17.3. Strategic Developments
9.17.4. Sales, Revenue and Market Share
9.18. Trackimo LLC
9.18.1. Business Overview
9.18.2. Product Portfolio
9.18.3. Strategic Developments
9.18.4. Sales, Revenue and Market Share
10. Global Vehicle Tracking System Market Competition, by Manufacturer
10.1. Global Vehicle Tracking System Sales and Market Share by Manufacturer (2017-2017)
10.2. Global Vehicle Tracking System Revenue and Market Share by Manufacturer (2017-2017)
10.3. Global Vehicle Tracking System Price by Manufacturer (2017-2017)
10.4. Top 5 Vehicle Tracking System Manufacturer Market Share
10.5. Market Competition Trend
11. Vehicle Tracking System Market Forecast (2027-2023)
11.1. Global Vehicle Tracking System Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
11.2. Vehicle Tracking System Market Forecast by Regions (2027-2023)
11.2.1. North America Vehicle Tracking System Market Forecast (2027-2023)
11.2.1.1. United States Vehicle Tracking System Market Forecast (2027-2023)
11.2.1.2. Canada Vehicle Tracking System Market Forecast (2027-2023)
11.2.1.3. Mexico Vehicle Tracking System Market Forecast (2027-2023)
11.2.2. Europe Vehicle Tracking System Market Forecast (2027-2023)
11.2.2.1. Germany Vehicle Tracking System Market Forecast (2027-2023)
11.2.2.2. United Kingdom Vehicle Tracking System Market Forecast (2027-2023)
11.2.2.3. France Vehicle Tracking System Market Forecast (2027-2023)
11.2.2.4. Russia Vehicle Tracking System Market Forecast (2027-2023)
11.2.2.5. Italy Vehicle Tracking System Market Forecast (2027-2023)
11.2.2.6. Rest of the Europe Vehicle Tracking System Market Forecast (2027-2023)
11.2.3. Asia-Pacific Vehicle Tracking System Market Forecast (2027-2023)
11.2.3.1. China Vehicle Tracking System Market Forecast (2027-2023)
11.2.3.2. Japan Vehicle Tracking System Market Forecast (2027-2023)
11.2.3.3. Korea Vehicle Tracking System Market Forecast (2027-2023)
11.2.3.4. India Vehicle Tracking System Market Forecast (2027-2023)
11.2.3.5. Southeast Asia Vehicle Tracking System Market Forecast (2027-2023)
11.2.3.6. Rest of Asia-Pacific Vehicle Tracking System Market Forecast (2027-2023)
11.2.4. South America Vehicle Tracking System Market Forecast (2027-2023)
11.2.4.1. Brazil Vehicle Tracking System Market Forecast (2027-2023)
11.2.4.2. Argentina Vehicle Tracking System Market Forecast (2027-2023)
11.2.4.3. Columbia Vehicle Tracking System Market Forecast (2027-2023)
11.2.4.4. Rest of South America Vehicle Tracking System Market Forecast (2027-2023)
11.2.5. Middle East and Africa Vehicle Tracking System Market Forecast (2027-2023)
11.2.5.1. Saudi Arabia Vehicle Tracking System Market Forecast (2027-2023)
11.2.5.2. UAE Vehicle Tracking System Market Forecast (2027-2023)
11.2.5.3. Egypt Vehicle Tracking System Market Forecast (2027-2023)
11.2.5.4. Nigeria Vehicle Tracking System Market Forecast (2027-2023)
11.2.5.5. South Africa Vehicle Tracking System Market Forecast (2027-2023)
11.2.5.6. Rest of MEA Vehicle Tracking System Market Forecast (2027-2023)
11.3. Vehicle Tracking System Market Forecast By Type (2027-2023)
11.3.1. Global Vehicle Tracking System Sales Forecast By Type(2027-2023)
11.3.2. Global Vehicle Tracking System Sales Market Share Forecast By Type (2027-2023)
11.4. Vehicle Tracking System Market Forecast By Vehicle (2027-2023)
11.4.1. Global Vehicle Tracking System Sales Forecast By Vehicle (2027-2023)
11.4.2. Global Vehicle Tracking System Sales Market Share Forecast By Vehicle (2027-2023)
11.5. Vehicle Tracking System Market Forecast By Industry (2027-2023)
11.5.1. Global Vehicle Tracking System Sales Forecast By Industry (2027-2023)
11.5.2. Global Vehicle Tracking System Sales Market Share Forecast By Industry (2027-2023)
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Vehicle Tracking System Market.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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