November 27, 2019

Vehicle Tracking Systems Market Size, Trends and Cost with Global Forecast by 2025

Facto Market Insights has recently added a new study to its broad research portfolio, which is titled as Vehicle Tracking Systems Market Size, Trends and Cost with Global Forecast by 2025 provides an in-depth analysis of the Vehicle Tracking Systems with the forecast of market size and growth. The report studies the casing heads market worldwide, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, size, growth, revenue, consumption, import and export in these regions.

The global vehicle tracking systems market is expected to reach $14,957.5 million by 2025, from $3,795.0 million in 2017, growing at a CAGR of 19.9% from 2018 to 2025. Vehicle tracking systems are used for checking and controlling the vehicle development, utilizing GPS, mobiles, PCs, equipment interface, and other devices.

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The key factor that drives the growth of the global vehicle tracking systems market includes upsurge in adoption of smart transport solutions. Moreover, rise in fleet operations especially in emerging markets is expected to boost the revenue growth of the market during the forecast period. In addition, vehicle tracking systems ensure safety and security within transportation services, thereby increasing their demand. However, increase in choices pertaining to vehicle tracking systems creating market shifts is expected to hinder the market growth. Conversely, introduction of 5G technology and identification of new industry verticals are anticipated to provide lucrative growth opportunities for the growth of the market.

The vehicle tracking systems market is segmented based on type, vehicle type, application, industry vertical, and region. Based on type, the market is categorized into active and passive. By type of vehicle, it is divided into commercial vehicles and passenger vehicles. By application, it is fragmented into mobile tracking, cellular tracking, and satellite tracking. In terms of vertical industry it is segregated into transport & logistics, construction & manufacturing, aviation, retail, government, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific (APAC), and LAMEA. Asia-Pacific is anticipated to be the largest market for vehicle tracking systems during the forecast period.

Chapter 1: Introduction

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Key Market Players
1.5. Research methodology

1.5.1. Secondary research
1.5.2. Primary research
1.5.3. Analyst tools & models

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Chapter 2: Executive summary

2.1. Key Findings:
2.2. CXO perspective

Chapter 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. Porter's five forces analysis
3.4. Market share analysis, 2017
3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Rising adoption of intelligent transport systems
3.5.1.2. Safety and security concern within transportation services
3.5.1.3. Rising fleet operations especially in the emerging markets

3.5.2. Restraints

3.5.2.1. Increasing choices creating market shifts

3.5.3. Opportunity

3.5.3.1. Winning new customer segments from diverse industry verticals
3.5.3.2. Emergence of 5G into vehicle connectivity

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