Growth of Commercial Vehicles Expected to Drive Global GPS Equipment Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Global Positioning System or GPS equipment market comprises of sales of global positioning systems equipment & related services to determine the ground position of an object through GPS satellites. It is a satellite navigation system that transmits accurate signals that allow GPS equipment to decode or measure the desired location of the satellite. These equipments are smaller in size. With the advent of technologies, it has been possible to develop the thumbnail-sized GPS receivers & smaller batteries that make it a long-lasting application. The batteries used in these equipments have a life of about 3-4 years which makes the operations smoother. Some of the advanced GPS equipment can provide crucial information related to vehicles for instance temperature, vehicle engine diagnosis, and others. Additionally, these equipments can be used to monitor vehicles from the remote location. According to study, “GPS Equipment Global Market Report 2020-30: Covid 19 Impact and Recovery” the key companies operating in the global GPS equipment market are Orbocomm Inc., Queclink Wireless Solutions Co., Ltd, Calamp Corporation, Sierra Wireless, Inc., Laird PLC., Concox Wireless Solution, Tomtom International Bv, Xirgo Technologies, Inc., Maestro Wireless Solutions, Shenzhen Concox Information Technology Co. Ltd., Geotab Inc, Trimble Navigation Limited, Teltonika UAB, MiTAC Digital Technology Corporation (Navman), Texas Instruments Inc, Spy tech, Inc., Garmin Ltd, Mio Technology Corporation, Ruptela UAB, Shenzhen Coban Electronics Co., Ltd, MeitrackGroup,, Verizon Wireless, Trackimo LLC. Based on product type, GPS equipment market is segregated as data loggers, data pullers, data pushers, covert GPS trackers and others. Based on tracker device type, market is segmented as advance tracker, OBD device and standalone tracker. Based on application, market is segregated as location-based services, aviation, marine, road, surveying & mapping and others. In addition, based on end-use industry, market is segregated as transportation & logistics, metals & mining, government, construction, oil & gas and others (hospitality, agriculture, education, retail, and healthcare). The GPS equipment market is driven by growth of commercial vehicles, followed by upgrading in the software, lower prices of GPS devices, and small size, longer life and dominating return-of-investments (ROI) of GPS devices. However, growth in adoption of hardware agnostic tracking solutions and impact of the non-standard products may impact the market. Moreover, advancements in software and rise in usage of GPS equipment for Usage-Based Insurance (UBI) are key opportunities for market. Based on geography, the North-American region dominates the global GPS equipment market as these equipment are widely used to help monitor anti-poaching patrols and for tracking the location all the time, in commercial as well as for personal purposes in the region. The Asian-Pacific and European regions are estimated to witness higher growth rate due to the safety purpose and to also helpful in getting the real-time vehicle speeds, vehicle location updates, as well as instant alert message to bad driver behaviors over the forecast period. The global GPS equipment market was valued at US $482 million in 2019 and it is predicted to grow at a higher CAGR of 9.60% and reach US $695.4 million by 2023. For More Information, Click on the Link Below:- Global GPS Equipment Market Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Post Views: 2 Tags: Asia-Pacific GPS Equipment Market, Australia GPS Equipment Market, Calamp Corporation GPS Equipment Market Revenue, China GPS Equipment Market, Germany GPS Equipment Market, Global GPS Equipment Industry, Global GPS Equipment Industry Research Report, Global GPS Equipment Market, Global GPS Equipment Market Research Report, Golf GPS Equipment Market, GPS Equipment Market, GPS Equipment Market Analysis, GPS Equipment Market Competitive Landscape, GPS Equipment Market Drivers, GPS Equipment Market Growth, GPS Equipment Market Overview, GPS Equipment Market Revenue, GPS Equipment Market Segmentation, GPS Equipment Market Share, GPS Equipment Market Size, GPS Navigation Devices Market, GPS Tracking Device Market Demand, India GPS Equipment Market, Japan GPS Equipment Market, Location Based Services Market, Marine GPS Equipment Market, Orbocomm Inc GPS Equipment Market Revenue, Sierra Wireless GPS Equipment Market Shares, Surveying and Mapping Market, UK GPS Equipment Market, Vehicle Tracking Device Market, Xirgo Technologies GPS Equipment Market Shares