2023-2035 Global and Chinese GPS Tracker Market Status and Future Development Trends
The current development status of the GPS positioning system market is very bright, and the market share will continue to increase in the future. The report content includes the definition of GPS, application classification and industrial chain structure. Combined with the current environment, it comprehensively analyzes from the two perspectives of production and consumption, and reports the main production areas, main consumption areas and main manufacturers of the latest GPS positioning system market.
GPS composition
The GPS positioning system is a terminal with a built-in GPS module and a mobile communication module. It is used to transmit the positioning data obtained by the GPS module to a server on the Internet through a mobile communication module (GSM/GPRS network), so that the terminal location can be queried on a computer or mobile phone.
GPS development in China
First, let’s take a look at the development history of China’s GPS technology. China’s GPS technology started late, but in the past few decades, China’s current and scientific research institutions have increased their efforts in the research and development and application of GPS technology. China has independently developed a series of satellite navigation systems, such as the Beidou satellite navigation system. The BeiDou system has not only been widely used in China, but also provides navigation and positioning services worldwide. China has also continuously improved and upgraded the technology on the basis of the BeiDou system, launched the BeiDou-3 system, and improved the accuracy and reliability of the system.
Secondly, the development status of China’s GPS technology is remarkable. China’s GPS technology has been widely used in various fields. In the field of transportation, GPS technology is widely used in vehicle navigation, traffic management and intelligent transportation systems, improving the efficiency and safety of transportation. In the agricultural field, GPS technology is used in agricultural machinery operations, precision sowing and precision fertilization, improving the benefits and quality of agricultural production. In the GPS field, GPS technology is used in flight navigation, traffic management and aircraft automatic driving, improving the safety and efficiency of GPS.
In addition, the development prospects of China’s GPS technology are also very broad. With the rapid development of China’s economy and the continuous improvement of its scientific and technological strength, China has huge potential and advantages in the field of GPS technology. China has currently formulated the BeiDou-3 System Application Promotion Plan, planning that by 2035, the BeiDou system will achieve full coverage worldwide. This will provide greater space and opportunities for the development of China’s GPS technology. At the same time, China will also strengthen cooperation with other countries and regions to promote the global application of GPS technology. China will also increase its investment in the research and development of GPS technology, improve its technical level and innovation capabilities, and continuously promote the development and application of GPS technology.
However, the development of China’s GPS technology also faces some challenges and problems. First, the security and reliability of GPS technology is an important issue. GPS signals are easily interfered with and destroyed, which may lead to positioning and navigation errors. Therefore, China needs to strengthen the protection and defense of GPS technology and improve the security and reliability of the system. Secondly, there are still some obstacles to the application of GPS technology. Some industries and fields do not have a deep enough understanding and application of GPS technology, and need to strengthen publicity and promotion. In addition, the cost of GPS technology is also a problem, and it is necessary to further reduce costs and improve the economy and feasibility of the technology.
In summary, China’s GPS technology has made remarkable development achievements in the past few decades and has been widely used in various fields. China’s GPS technology has broad prospects for development, but it also faces some challenges and problems. China’s current and scientific research institutions will continue to increase the research and development and application of GPS technology to promote the development and application of GPS technology. I believe that in the near future, China’s GPS technology will play a more important role in the global GPS field and make greater contributions to the country’s economic, national defense and social development.
Application of GPS
There are many applications of GPS satellite positioning system. Although it was developed for military purposes in the early stage, it was gradually applied to life. For example, personnel positioning and car positioning. Now battery cars, motorcycles, etc. can use GPS satellite positioning system. In the application field of GPS satellite positioning system, the most widely used is still the automotive industry.
The development of vehicle-mounted GPS Trackers is still very promising. At present, this industry has also shown a rapid growth trend. This is mainly attributed to the fact that vehicle-mounted GPS Trackers have indeed brought great convenience to our lives. For example, how can enterprises use GPS Trackers to prevent employees from abusing vehicles, fleet management, personal management of their own cars, and locate and query the location of vehicles at any time for anti-theft tracking; some automobile companies and public transportation companies can also use the data provided by GPS Trackers to carry out fleet management and dispatch, data management and data analysis to realize the intelligence and modernization of transportation.
Therefore, the future development of vehicle-mounted GPS Trackers has a bright future, but while any industry brings convenience, it also inevitably brings hidden security risks. Have you ever imagined the consequences of GPS Trackers being used by criminals? Therefore, the future prospects are promising, but at the same time, effective national regulatory measures are also needed to ensure personal privacy security. In addition, GPS also plays an important role in weather forecasting, smart agriculture, disaster relief and other fields.
Global GPS market size
In 2021, the global GPS positioning system market sales reached 809.32 billion yuan, and it is expected to reach 1961.87 billion yuan in 2028, with a compound annual growth rate (CAGR) of 11.70%% (2022-2028). At the regional level, the Chinese market has changed rapidly in the past few years. The market size in 2021 was 1,446.5 million yuan, accounting for about 17.87% of the world. It is expected to reach 5,702.6 million yuan in 2028, and the global share will reach 29.07% by then.
In terms of consumption, North America is currently the world’s largest consumer market, accounting for 32.57% of the market share in 2021, followed by Europe and China, accounting for 31.59% and 17.87% respectively. It is expected that China will grow fastest in the next few years, with a CAGR of approximately 19.73% during 2022-2028.
From the production side, China and Europe are two important production regions, accounting for 66.03% and 17.01% of the market share respectively in 2021. It is expected that Europe will maintain the fastest growth rate in the next few years, and the share is expected to reach 16.80% in 2028.
In terms of product types, advanced positioning systems occupy an important position, and the share is expected to reach 62.52% in 2028. At the same time, in terms of application, the share of automobiles in 2021 is approximately 42.60%, and the CAGR in the next few years is approximately 8.61%.
From the perspective of manufacturers, the core manufacturers of GPS positioning systems worldwide include AUTOSEEKER, CalAmp, Quectel, Teltonika and Melco. In 2021, the top five manufacturers in the world accounted for a total of 54.47% of the market share. It is expected that industry competition will become more intense in the next few years, especially in the Chinese market.
