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ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET FORECAST 2022-2030

The Asia-Pacific vehicle tracking system market is estimated to register a CAGR of 16.10% over the forecasting period of 2022 to 2030, reaching a revenue share of $27177.89 million by 2030.

ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET FORECAST 2022-2030

Asia-Pacific Vehicle Tracking System Market by Type (Active, Passive) Market by Technology (Gps/satellite, Gprs/cellular, Dual Mode) Market by Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles) Market by End Use (Transportation & Logistics, Construction & Manufacturing, Aviation, Retail, Government & Defense, Other End Uses) Market by Component (Hardware, Software, Other Software) By Geography

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The Asia-Pacific vehicle tracking system market is estimated to register a CAGR of 16.10% over the forecasting period of 2022 to 2030, reaching a revenue share of $27177.89 million by 2030.

The market’s growth is mainly attributable to the rapidly-growing automotive sector as well as the rising transportation, logistics, and fleet activated in the region. However, the cost of software and subscription fees to avail of tracking services may hamper the region’s market growth.

Asia-Pacific Vehicle Tracking System Market

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The Asia-Pacific vehicle tracking system market growth evaluation covers the assessment of South Korea, Indonesia, Thailand, Vietnam, China, Japan, India, Australia & New Zealand, and Rest of Asia Pacific. In terms of both manufacturing as well as annual sales, China is the largest market for automobiles, globally. In 2021, according to the China Association of Automobile Manufacturers, over 21 million passenger cars were sold in the country, in addition to nearly 5 million units of commercial vehicles. Moreover, with the rising popularity of new energy vehicles, China’s market is set to flourish further, thereby generating lucrative opportunities for vehicle tracking system providers. In addition to automotive sales, the country has also highlighted the development of transportation systems for the 14th Five-Year Plan. As per the circular, by 2025, the comprehensive transportation system is set to experience integrated development with an improved facility network, cutting-edge technological tools, and more efficient transportation options.

On the other hand, the demand for logistics and transportation is on the rise in India. Consequently, avenues such as electric and autonomous vehicles, shared mobility, cab fleet operators, and fleet management services, among others, are expected to expand, as well. The Automotive Mission Plan 2016-26 is a collaborative initiative by the Indian Automotive Industry and the Government of India aimed at laying down the roadmap for the sector’s development. These drivers are expected to fuel the demand for vehicle tracking systems in the country, thus propelling their adoption and applications. As a result, such factors are set to influence the vehicle tracking system market growth in the Asia-Pacific over the forecast years.

The Asia-Pacific vehicle tracking system market is segmented into type, technology, vehicle type, end use, and component. The type segment includes active and passive. Active tracking devices deliver information in real time to a data center or computer through satellite or cellular networks for analysis. Although active tracking devices are generally more complicated owing to their numerous operations, they offer quicker access to data, leading to higher revenue generation for the enterprise.

On the other hand, passive tracking devices, termed GPS loggers, collect data pertaining to the vehicle’s location. Subsequently, this information is stored on a hard disc or a memory card. Also, a passive tracking system comprises auto-downloads that communicate data via wireless downloads.

The top players operating in the Asia-Pacific vehicle tracking system market are Verizon Communications Inc, Concox Information Technology Co Ltd, etc.

Concox Information Technology Co Ltd, headquartered in China, provides GPS fleet management services and products. The company manufactures and develops telematics and wireless communications products, in addition to delivering customized solutions to clients. Concox supplies GPS tracking solutions to governments, the transportation sector, and various businesses for improved organizational efficiency.

Report Synopsis

Report Scope

Details
Market Forecast Years 2022-2030
Base Year 2021
Market Historical Years 2018-2021
Forecast Units Revenue ($ Million)
Segments Analyzed Type, Technology, Vehicle Type, End Use, Component

Countries Analyzed

South Korea, Indonesia, Thailand, Vietnam, China, Japan, India, Australia & New Zealand, and Rest of Asia Pacific
Companies Analyzed

TomTom NV, Sierra Wireless Inc, ORBCOMM Inc, Verizon Communications Inc, Xirgo Technologies LLC, Trackimo, Continental AG, Robert Bosch GmbH, Geotab Inc, Inseego Corp, Samsara Inc, CalAmp Corporation, Concox Information Technology Co Ltd, Solera Inc

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • RISE IN FLEET OPERATIONS
        • SAFETY CONCERNS OF VEHICLE OWNERS
      • KEY RESTRAINTS
        • CYBER SECURITY THREATS
        • BATTERY FAILURE AND SIGNAL ISSUES
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON VEHICLE TRACKING SYSTEM MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
    2. MARKET BY TYPE
      • ACTIVE
      • PASSIVE
    3. MARKET BY TECHNOLOGY
      • GPS/SATELLITE
      • GPRS/CELLULAR
      • DUAL MODE
    4. MARKET BY VEHICLE TYPE
      • PASSENGER VEHICLES
      • LIGHT COMMERCIAL VEHICLES
      • HEAVY COMMERCIAL VEHICLES
    5. MARKET BY END USE
      • TRANSPORTATION & LOGISTICS
      • CONSTRUCTION & MANUFACTURING
      • AVIATION
      • RETAIL
      • GOVERNMENT & DEFENSE
      • OTHER END USES
    6. MARKET BY COMPONENT
      • HARDWARE
        • OBD DEVICE/TRACKER & ADVANCE TRACKER
        • STANDALONE TRACKER
      • SOFTWARE
        • PERFORMANCE MEASUREMENT
        • VEHICLE DIAGNOSTICS
        • FLEET ANALYTICS & REPORTING
        • DRIVER BEHAVIOR MONITORING
        • OTHER SOFTWARE
    1. GEOGRAPHICAL ANALYSIS
      • ASIA-PACIFIC
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • CHINA
          • JAPAN
          • INDIA
          • SOUTH KOREA
          • INDONESIA
          • THAILAND
          • VIETNAM
          • AUSTRALIA & NEW ZEALAND
          • REST OF ASIA-PACIFIC
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • CALAMP CORPORATION
        • CONCOX INFORMATION TECHNOLOGY CO LTD
        • CONTINENTAL AG
        • GEOTAB INC
        • INSEEGO CORP
        • ORBCOMM INC
        • ROBERT BOSCH GMBH
        • SAMSARA INC
        • SIERRA WIRELESS INC
        • SOLERA INC
        • TOMTOM NV
        • TRACKIMO
        • VERIZON COMMUNICATIONS INC
        • XIRGO TECHNOLOGIES LLC

    LIST OF TABLES

    TABLE 1:  MARKET SNAPSHOT – ASIA-PACIFIC VEHICLE TRACKING SYSTEM

    TABLE 2:  ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 3:  ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY TYPE, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 4:  ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 5:  ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 6:  ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 7:  ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 8:  ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY END USE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 9:  ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY END USE, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 10:  ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 11:  ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 12:  ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY HARDWARE COMPONENTS, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 13:  ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY HARDWARE COMPONENTS, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 14:  ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY SOFTWARE COMPONENTS, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 15:  ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY SOFTWARE COMPONENTS, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 16:  ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 17:  ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 18:  KEY PLAYERS OPERATING IN ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET

    TABLE 19:  LIST OF MERGERS & ACQUISITIONS

    TABLE 20:  LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 21:  LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 22:  LIST OF BUSINESS EXPANSIONS & DIVESTITURES          

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, GROWTH POTENTIAL, BY TYPE, IN 2021

    FIGURE 6: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY ACTIVE, 2022-2030 (IN $ MILLION)

    FIGURE 7: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY PASSIVE, 2022-2030 (IN $ MILLION)

    FIGURE 8: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2021

    FIGURE 9: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY GPS/SATELLITE, 2022-2030 (IN $ MILLION)

    FIGURE 10: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY GPRS/CELLULAR, 2022-2030 (IN $ MILLION)

    FIGURE 11: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY DUAL MODE, 2022-2030 (IN $ MILLION)

    FIGURE 12: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, GROWTH POTENTIAL, BY VEHICLE TYPE, IN 2021

    FIGURE 13: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY PASSENGER VEHICLE, 2022-2030 (IN $ MILLION)

    FIGURE 14: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY LIGHT COMMERCIAL VEHICLES, 2022-2030 (IN $ MILLION)

    FIGURE 15: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY HEAVY COMMERCIAL VEHICLES, 2022-2030 (IN $ MILLION)

    FIGURE 16: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, GROWTH POTENTIAL, BY END USE, IN 2021

    FIGURE 17: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY TRANSPORTATION & LOGISTICS, 2022-2030 (IN $ MILLION)

    FIGURE 18: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY CONSTRUCTION & MANUFACTURING, 2022-2030 (IN $ MILLION)

    FIGURE 19: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY AVIATION, 2022-2030 (IN $ MILLION)

    FIGURE 20: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY RETAIL, 2022-2030 (IN $ MILLION)

    FIGURE 21: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY GOVERNMENT & DEFENSE, 2022-2030 (IN $ MILLION)

    FIGURE 22: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY OTHER END USES, 2022-2030 (IN $ MILLION)

    FIGURE 23: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2021

    FIGURE 24: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY HARDWARE, 2022-2030 (IN $ MILLION)

    FIGURE 25: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, GROWTH POTENTIAL, BY HARDWARE COMPONENTS, IN 2021

    FIGURE 26: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY OBD DEVICE/TRACKER & ADVANCE TRACKER, 2022-2030 (IN $ MILLION)

    FIGURE 27: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY STANDALONE TRACKER, 2022-2030 (IN $ MILLION)

    FIGURE 28: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY SOFTWARE, 2022-2030 (IN $ MILLION)

    FIGURE 29: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, GROWTH POTENTIAL, BY SOFTWARE COMPONENTS, IN 2021

    FIGURE 30: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY PERFORMANCE MEASUREMENT, 2022-2030 (IN $ MILLION)

    FIGURE 31: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE DIAGNOSTICS, 2022-2030 (IN $ MILLION)

    FIGURE 32: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY FLEET ANALYTICS & REPORTING, 2022-2030 (IN $ MILLION)

    FIGURE 33: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY DRIVER BEHAVIOR MONITORING, 2022-2030 (IN $ MILLION)

    FIGURE 34: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY OTHER SOFTWARE, 2022-2030 (IN $ MILLION)

    FIGURE 35: ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

    FIGURE 36: CHINA VEHICLE TRACKING SYSTEM MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 37: JAPAN VEHICLE TRACKING SYSTEM MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 38: INDIA VEHICLE TRACKING SYSTEM MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 39: SOUTH KOREA VEHICLE TRACKING SYSTEM MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 40: INDONESIA VEHICLE TRACKING SYSTEM MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 41: THAILAND VEHICLE TRACKING SYSTEM MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 42: VIETNAM VEHICLE TRACKING SYSTEM MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 43: AUSTRALIA & NEW ZEALAND VEHICLE TRACKING SYSTEM MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 44: REST OF ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, 2022-2030 (IN $ MILLION)       

    1. GEOGRAPHICAL ANALYSIS
      • ASIA-PACIFIC
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • CHINA
          • JAPAN
          • INDIA
          • SOUTH KOREA
          • INDONESIA
          • THAILAND
          • VIETNAM
          • AUSTRALIA & NEW ZEALAND
          • REST OF ASIA-PACIFIC
    1. MARKET BY TYPE
      • ACTIVE
      • PASSIVE
    2. MARKET BY TECHNOLOGY
      • GPS/SATELLITE
      • GPRS/CELLULAR
      • DUAL MODE
    3. MARKET BY VEHICLE TYPE
      • PASSENGER VEHICLES
      • LIGHT COMMERCIAL VEHICLES
      • HEAVY COMMERCIAL VEHICLES
    4. MARKET BY END USE
      • TRANSPORTATION & LOGISTICS
      • CONSTRUCTION & MANUFACTURING
      • AVIATION
      • RETAIL
      • GOVERNMENT & DEFENSE
      • OTHER END USES
    5. MARKET BY COMPONENT
      • HARDWARE
        • OBD DEVICE/TRACKER & ADVANCE TRACKER
        • STANDALONE TRACKER
      • SOFTWARE
        • PERFORMANCE MEASUREMENT
        • VEHICLE DIAGNOSTICS
        • FLEET ANALYTICS & REPORTING
        • DRIVER BEHAVIOR MONITORING
        • OTHER SOFTWARE

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