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Global Automatic Vehicle Location System Market: By Type: Direction Finding, Signpost Systems, GPS Based; By Solution Type: Asset Tracking, Vehicle Tracking, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Automatic Vehicle Location System Market Outlook
The global automatic vehicle location system market reached a value of about USD 19.9 billion in 2021. The industry is further expected to grow at a CAGR of about 13% in the forecast period of 2023-2028.
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North America and Asia Pacific to be Significant Regional Markets for Automatic Vehicle Location System
With the e-commerce industry's expanded penetration in the global market, North America has been accounting for a significant share of the global vehicle location system market. The rising demand for logistical solutions has been aiding the demand for commercial vehicles through e-commerce. The market for vehicle locating systems in North America is growing due to increased demand for passenger automobiles. Rising demand for electric passenger vehicles is predicted to fuel the market expansion in this region, owing to higher disposable income, environmental awareness, and improved living standards. The rapid adoption of advanced technologies for tracking vehicles and the rise in passenger and driver safety are further expected to propel market growth.
The Asia Pacific is expected to witness significant growth during the forecast period. This is because the GDP and per capita income are increasing significantly, contributing to the growth of the automotive industry and, in turn, the development of this market. The regional market is being driven by rising vehicle sales in developing countries, like China and India, along with the rapid expansion of the e-commerce sector. The demand for vehicle location systems is expected to rise as the number of commercial vehicles increases due to increased commercial activity. The advent of ridesharing and rental car companies in emerging markets is projected to drive industry growth even more.
Automatic Vehicle Location System: Market Segmentation
An automatic vehicle locator (AVL) is a device that uses the Global Positioning System (GPS) to track the whereabouts of a company's or government agency's fleet of vehicles over the Internet. These devices integrate GPS technology, cellular connections, street-level mapping, and a simple user interface to improve fleet management and customer service.
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By type, the market includes:
- Direction Finding
- Signpost Systems
- GPS Based
Based on solution type, the market is segmented into:
- Asset Tracking, Vehicle Tracking
- Stolen Vehicle Recovery (SVR)
- Fleet Management
- Parking Habits
The regional markets for the automatic vehicle location system industry can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
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Increase in Fleet Operations Boosting the Market Growth
The major drivers driving the revenue growth of the global automatic vehicle location system markets include the increase in fleet operations in developing regions and the safety and security concerns in transportation services. The market is expected to rise further due to an increasing number of advanced vehicle security technologies, government-enforced regulations, and the deployment of intelligent transportation systems. However, the failure of electrical components utilised in these systems, the risk of cybersecurity, and the high prices associated may limit the market's growth. The need for improved operational efficiency, productivity, and profitability at reduced costs, coupled with the digitalisation of vehicles, rising urbanisation, are anticipated to act as key driving factors for market growth. Predictive fleet maintenance, telematics asset tracking, and fleet route planning are all included in these systems. Increased cost reductions and improved client experience are also driving the market demand. Moreover, as transportation and logistics businesses' fleet sizes have grown, fleet tracking has become essential for vehicle security and timely delivery. The significant growth in commercial vehicle sales is likely to fuel the demand for the global automatic vehicle location system industry.
Key Industry Players in the Global Automatic Vehicle Location System Market
The report gives a detailed analysis of the following key players in the global automatic vehicle location system industry, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Atlanta Systems Private Limited
- Descartes
- C3LS
- Reveon Technologies Corp.
- Global Tracking Group
- Datum Tracking Group
- Power System Engineering, Inc.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment
|
| Breakup by Type |
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| Breakup by Solution Type |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Automatic Vehicle Location System Market Analysis
8.1 Key Industry Highlights
8.2 Global Automatic Vehicle Location System Historical Market (2018-2022)
8.3 Global Automatic Vehicle Location System Market Forecast (2023-2028)
8.4 Global Automatic Vehicle Location System Market by Type
8.4.1 Direction Finding
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Signpost Systems
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 GPS Based
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Automatic Vehicle Location System Market by Solution Type
8.5.1 Asset Tracking, Vehicle Tracking
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Stolen vehicle recovery (SVR)
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Fleet Management
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Parking Habits
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.6 Global Automatic Vehicle Location System Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Automatic Vehicle Location System Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Automatic Vehicle Location System Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Automatic Vehicle Location System Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Automatic Vehicle Location System Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Automatic Vehicle Location System Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Atlanta Systems Private Limited
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Descartes
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 C3LS
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Reveon Technologies Corp.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Global Tracking Group
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Datum Tracking Group
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Power System Engineering, Inc.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Figures and Tables
1. Global Automatic Vehicle Location System Market: Key Industry Highlights, 2018 and 2028
2. Global Automatic Vehicle Location System Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Global Automatic Vehicle Location System Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Global Automatic Vehicle Location System Historical Market: Breakup by Solution Type (USD Billion), 2018-2022
5. Global Automatic Vehicle Location System Market Forecast: Breakup by Solution Type (USD Billion), 2023-2028
6. Global Automatic Vehicle Location System Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Automatic Vehicle Location System Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Automatic Vehicle Location System Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Automatic Vehicle Location System Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Automatic Vehicle Location System Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Automatic Vehicle Location System Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Automatic Vehicle Location System Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Automatic Vehicle Location System Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Automatic Vehicle Location System Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Automatic Vehicle Location System Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Automatic Vehicle Location System Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Automatic Vehicle Location System Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Automatic Vehicle Location System Market Structure
Key Questions Answered in the Report
In 2021, the global automatic vehicle location system market attained a value of nearly USD 19.9 billion.
The market is projected to grow at a CAGR of 13% between 2023 and 2028.
The major drivers of the market include safety and security concerns, increasing number of advanced vehicle security technologies, government-enforced regulations, increase in the deployment of intelligent transportation systems, digitalisation of vehicles, rising urbanisation, and rising transportation and logistics businesses.
An increase in fleet operations and the growth in commercial vehicle sales are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types include direction finding, signpost systems, and GPS based.
Based on solution type, the market can be segmented into asset tracking, vehicle tracking, stolen vehicle recovery (SVR), fleet management, and parking habits.
The major players in the industry are Atlanta Systems Private Limited, Descartes, C3LS, Reveon Technologies Corp., Global Tracking Group, Datum Tracking Group, and Power System Engineering, Inc., among others.
Analyst Review
The global automatic vehicle location system market attained a value of USD 19.9 billion in 2021, driven by the increase in fleet operations. Aided by the digitalisation of vehicles and growth in commercial vehicle sales, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 13%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The major types include direction finding, signpost systems, and GPS-based. Based on solution type, the market can be segmented into asset tracking, vehicle tracking, stolen vehicle recovery (SVR), fleet management, and parking habits. The major regional markets for automatic vehicle location systems are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The key players in the above market are Atlanta Systems Private Limited, Descartes, C3LS, Reveon Technologies Corp., Global Tracking Group, Datum Tracking Group, and Power System Engineering, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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