2023-2035 Global and Chinese GPS Tracker Market Status and Future

The GPS locator market survey report provides the basic situation of the GPS locator sales market, including definition, classification, application, and the structure of the entire industry chain. It also discusses development policies and plans, manufacturing processes and cost components, and analyzes GPS positioning The development status and future market prospects of the GPS tracker sales market, and analyze the main production areas, main consumption areas and major manufacturers of the GPS tracker sales market from the perspectives of production and consumption.

The GPS locator is a terminal device equipped with a GPS module positioning communication module, which is used to transmit the positioning information obtained by the GPS control module to a server on the Internet with the help of a positioning communication module (GSM/GPRS Internet), so that it can be passed on a computer or Check the location of the terminal device on the mobile phone.

There are many uses of the GPS satellite positioning system. Although it was developed for national defense purposes in the early stage, it was gradually applied to daily life. Such as personnel positioning system, car positioning. Now electric vehicles, motorcycles, etc. can use GPS satellite positioning system. In the scope of application of the GPS satellite positioning system,

                                                                                  (Beitian GPS)

The most common application of letters and Telto is still in the automobile n manufacturing industry.

In 2021, the total sales of the global GPS tracker sales market will reach 809.32 billion yuan, and it is expected to exceed 1,961.87 billion yuan in 2028, with a compound growth rate (CAGR) of 11.70%% (2022-2028). At the geographical level, the Chinese market has undergone relatively rapid changes in recent years. In 2021, the market capacity will be 14.4651 million, which is about 17.87% of the global total. It is expected to exceed 57.0261 million in 2028, and the global share is expected to exceed 29.07%.

In terms of business, North America is currently the largest market demand in the world, accounting for 32.57% of the industry share in 2021, followed by Europe and my country, each accounting for 31.59% and 17.87%. It is expected that in the near future, mainland China will grow faster, with a CAGR of approximately 19.73% during the period 2022-2028.

                                                                 (Beitian receiver)

On the production side, China and Europe are two key production regions, each accounting for 66.03% and 17.01% of the industry share in 2021. It is expected that Europe and the United States will maintain a faster growth rate in the near future, and the share is expected to exceed 16.80% in 2028.

In terms of technical product categories, high-end locators occupy an important position, and the share is expected to exceed 62.52% in 2028. At the same time, in terms of application, the share of vehicles in 2021 will be about 42.60%, and the CAGR in the near future will be about 8.61%.

In terms of manufacturers, on a global scale, the key manufacturers of GPS locators mainly include Mi Internet of Things (Conquest), CalAmp, Mobile Communications and Mirico. In 2021, the world's top five producers together account for a 54.47% share. Market competition is expected to intensify in the near future, especially in the domestic market.