VEHICLE TRACKING SYSTEM MARKET ANALYSIS

Leading Companies

Global Vehicle Tracking System Market: Key Developments

In March 2021, Geotab Inc. and Lion Electric entered into collaboration, for powering the advanced electric vehicle telematics system of Lion, LionBeat. This telematics systems optimizes the operations of heavy-duty, zero emission vehicles of Lion Electric.

In March 2020, Cartrack, introduced a mobile app, Karu Safety to provide emergency security assistance. Its customer can use private security service by only touching a button and can ensure fast and reliable safety support.

In December 2020, TomTom International B.V.’s complete stack of navigation components was chosen by Mitsubishi Motors for powering the infotainment systems of the Eclipse Cross, its new SUV.

In March 2021, Tracker, the subsidiary of CalAmp entered into partnership with Stoneacre Motor Group. With this partnership, the companies will focus on protecting customers from the growing risks of keyless vehicle theft.

Global Vehicle Tracking System Market: Key Companies Insights

The global vehicle tracking system market is highly competitive. This is attributed to continuous launch of new technologies due to ongoing R &D and efforts by value chain participants. Moreover, key players are adopting various business growth strategies in order to expand their presence on regional as well as global basis.

Some of the key players in the global vehicle tracking system market are Trackimo  Inc., Verizon, Laipac  Technology  Inc., Geotab   Inc., Xirgo Technologies,  Llc., Cartrack, Orbcomm  Inc., Tomtom  International  B.V., Teltonika, and Calamp.