Commercial vehicle is expected to remain the largest segment in the global GPS tracking device market


Posted July 4, 2022 by Lucintel

Trends, opportunities and forecast in GPS tracking device market to 2027 by end use industry (transportation and logistics, construction, oil and gas, metal and mining, government, and others), device type
 
Commercial vehicle is expected to remain the largest segment in the global
GPS tracking device market
An exciting new study from the team of Lucintel found that GPS tracking device market
is expected to reach $2.9 billion by 2027 with a CAGR of 8%. There are significant
money making opportunities available in this market and companies planning to enter
this market need to differentiate in order to maximize their return on investment.
Download Brochure of this report by clicking on https://www.lucintel.com/gps-tracking-
device-market.aspx
The GPS tracking device market is segmented based on device type, deployment type,
end use industry, and region. In this market, commercial vehicle is the largest segment
by deployment, whereas transportation and logistics is largest by end use industry.
Players can benefit from the available opportunities like increasing vehicle production
and increasing trade activities.
The development of humancentric GPS tracking and monitoring devices and more
emphasis on livestock welfare tracking are emerging trends having impact on dynamics
of the industry.
CalAmp Corporation, Orbcomm Inc., Sierra Wireless, ATrack Technology, Geotab,
Concox Information, Trackimo, Meitrack Group, and Ruptela UAB are some of the
major players profiled in this 190 page report.
Request Sample Pages by clicking on
https://www.lucintel.com/gps-tracking-device-market.aspx
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the GPS
tracking device market by end use industry (transportation and logistics, construction, oil

and gas, metal and mining, government, and others), device type (standalone trackers,
OBD devices, and advanced trackers), deployment type (commercial vehicles, cargo
and containers, and others), and region (North America, Europe, Asia Pacific, and the
Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the GPS tracking device market?
Q.4 What are some changing demands of customers in the GPS tracking device
market?
Q.5 What are the new developments in the GPS tracking device market? Which
companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business
growth?
Q.7 What are some of the competitive products and processes in this GPS tracking
device area and how big of a threat do they pose for loss of market share via product
substitution?
Q.8 What M&A activity has occurred in the last 5 years in this GPS tracking device
market?
This unique report from Lucintel will enable you to make confident business decisions in
this globally competitive marketplace. For a detailed table of contents, contact Lucintel
at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive analysis,
opportunity analysis, growth consulting, M&A, and due diligence services to executives

and key decision-makers in a variety of industries. For further information, visit
www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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Issued By Brandon Fitzgerald
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Business Address Brandon Fitzgerald Lucintel Dallas, Texas, USA Email: [email protected] Cell: 303.775.0751
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Last Updated July 4, 2022