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Chile GPS Tracking Device Market 2023-2029 Companies, Growth, Share, Size, Forecast, Value, Analysis, Trends, COVID-19 Impact, Revenue & Industry: Market Forecast By Type, By Deployment Type, By Industry, By And Competitive Landscape

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    Report

  • 85 Pages
  • July 2023
  • Region: Chile
  • 6W Research
  • ID: 5953432

Chile GPS Tracking Device Market Synopsis

Chile GPS tracking device market has experienced notable growth in recent years, attributed to the expanding mining, logistics, and supply chain sectors. For instance, online retail sales have surged significantly, reaching 11.97 USD in 2021 as compared to the previous year's 9.4 billion USD this growth has notably bolstered the growth of the logistics and supply chain sector. Furthermore, in 2021, the mining sector alone contributed 14.6% to the country's GDP. Chile accounts for 26% of the world's copper demand and 22% of the lithium demand, highlighting its substantial role in global resource supply. The expansion of the supply chain and mining sector in Chile would propel the growth in the forecasted period. These systems offer a suite of features that enhance operational efficiency and optimize resource utilization, including real-time location tracking. This capability enables fleet managers to monitor the exact whereabouts of each vehicle, container, and shipment in the fleet.

According to this research, Chile GPS Tracking Device Market size is projected to grow at a CAGR of 7.7% during 2023-2029. The market is expected to witness significant growth in the coming years owing to the increasing demand for fleet management solutions and the rising E-Commerce sector coupled with the Chilean government's 2022 exploration budget reaching 713 million, the mining sector's growth is anticipated, to drive increased demand for GPS tracking devices as these devices optimize fleet operations, enhance safety, and ensure operational excellence in mining activities. These factors are driving the Chile GPS Tracking Device Market Growth. Moreover, the inauguration of a 15,000 square meter Fulfilment Center in Pudahuel, Santiago de Chile, with an annual capacity of 10 million units along with the government plan to incentivize logistic sector investments through a $500 million tax credit, is poised to significantly elevate the demand for GPS tracking devices in the coming years.

Market Segmentation by Type

OBD devices claimed the highest market revenue and volume share in 2022 as they plug directly into a vehicle's On-Board Diagnostics (OBD) port, that offer a seamless and non-intrusive solution for real-time tracking and monitoring. With the ongoing growth in demand for GPS tracking devices, OBD devices are poised to sustain their leading market position.

Market Segmentation by Deployment Type

The sale of commercial vehicles in Chile surged by 44.44% from 2020 to 2022, indicating a growing demand in the transportation and logistics sector. This trend is expected to persist, driving the need for efficient fleet management solutions, with GPS tracking playing a pivotal role in monitoring and optimizing expanding fleets.

Market Segmentation by Industry Type

In 2022, The transportation sector has secured the highest revenue share in GPS Tracking Device Market in Chile owing to the escalating traffic challenges faced by major urban centers like Santiago which increases the need for efficient fleet management as it has become paramount in optimizing logistics operations, ensuring timely deliveries, and overcoming the complexities of urban traffic.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 11 Years of Market Numbers.
  • Historical Data Starting from 2019 to 2022.
  • Base Year: 2022
  • Forecast Data until 2029.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Chile GPS Tracking Device Market Overview
  • Chile GPS Tracking Device Market Outlook
  • Chile GPS Tracking Device Market Forecast
  • Historical Data and Forecast of Chile GPS Tracking Device Market Revenues and Volume for the Period 2019-2029F
  • Historical Data and Forecast of Chile GPS Tracking Device Market Revenues, By Type, for the Period 2019-2029F
  • Historical Data and Forecast of Chile GPS Tracking Device Market Volume, By Type, for the Period 2019-2029F
  • Historical Data and Forecast of Chile GPS Tracking Device Market Revenues, By Deployment Type, for the Period 2019-2029F
  • Historical Data and Forecast of Chile GPS Tracking Device Market Revenues, By Industry Type, for the Period 2019-2029F
  • Market Drivers and Restraints
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Trends
  • Chile GPS Tracking Device Market Revenue Share, By Companies
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Type

  • OBD Devices
  • Standalone Tracker
  • Advance Tracker

By Deployment Type

  • Commercial Vehicle
  • Cargo & Container
  • Other (Marine Deployment, Military and Defense Deployment, etc.)

By Industry Type

  • Transportation
  • Construction
  • Government
  • Mining
  • Others (Environmental Monitoring, Retail and E-commerce, etc.)

Table of Contents

1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Chile GPS Tracking Device Market Overview
3.1 Chile GPS Tracking Device Market Revenues & Volume, 2019-2029F
3.2 Chile GPS Tracking Device Market Industry Life Cycle
3.3 Chile GPS Tracking Device Market Porter’s Five Forces
4. Chile GPS Tracking Device Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. Chile GPS Tracking Device Market Trends & Evolution
6. Chile GPS Tracking Device Market Overview, By Types
6.1 Chile GPS Tracking Device Market Revenue Share and Revenues, By Type, 2019-2029F
6.1.1 Chile GPS Tracking Device Market Revenues, By OBD Device, 2019-2029F
6.1.2 Chile GPS Tracking Device Market Revenues, By Standalone Tracker, 2019-2029F
6.1.3 Chile GPS Tracking Device Market Revenues, By Advance Tracker, 2019-2029F
6.2 Chile GPS Tracking Device Market Volume Share and Volume, By Type, 2019-2029F
6.2.1 Chile GPS Tracking Device Market Volume, By OBD Device, 2019-2029F
6.2.2 Chile GPS Tracking Device Market Volume, By Standalone Tracker, 2019-2029F
6.2.3 Chile GPS Tracking Device Market Volume, By Advance Tracker, 2019-2029F
7. Chile GPS Tracking Device Market Overview, By Deployment Type
7.1 Chile GPS Tracking Device Market Revenue Share and Revenues, By Deployment Type, 2019-2029F
7.1.1 Chile GPS Tracking Device Market Revenues, By Commercial Vehicles, 2019-2029F
7.1.2 Chile GPS Tracking Device Market Revenues, By Cargo & Containers, 2019-2029F
7.1.3 Chile GPS Tracking Device Market Revenues, By Others, 2019-2029F
8. Chile GPS Tracking Device Market Overview, By Industry Types
8.1 Chile GPS Tracking Device Market Revenue Share and Revenues, By Industry Type, 2019-2029F
8.1.1 Chile GPS Tracking Device Market Revenues, By Transportation, 2019-2029F
8.1.2 Chile GPS Tracking Device Market Revenues, By Construction & Heavy Equipment, 2019-2029F
8.1.3 Chile GPS Tracking Device Market Revenues, By Government, 2019-2029F
8.1.4 Chile GPS Tracking Device Market Revenues, By Mining Indstruy, 2019-2029F
8.1.5 Chile GPS Tracking Device Market Revenues, By Others, 2019-2029F
9. Chile GPS Tracking Device Market Key Performance Indicators
10. Chile GPS Tracking Device Market Opportunity Assessment
10.1 Chile GPS Tracking Device Market Opportunity Assessment, By Type, 2029F
10.2 Chile GPS Tracking Device Market Opportunity Assessment, By Deployment Type, 2029F
10.3 Chile GPS Tracking Device Market Opportunity Assessment, By Industry Type, 2029F
11. Chile GPS Tracking Device Market Competitive Landscape
11.1 Chile GPS Tracking Device Market Revenue Share, By Companies, 2022
11.2 Chile GPS Tracking Device Market Competitive Benchmarking, By Technical Parameters
11.3 Chile GPS Tracking Device Market Competitive Benchmarking, By Operating Parameters
12. Company Profiles
12.1 Trimble Inc.
12.2 Geotab Inc
12.3 Quectel Wireless Solutions Co. Ltd.
12.4 Tramigo Ltd.
12.5 ORBCOMM Inc.
12.6 Sinocastel Co. Ltd.
12.7 Xirgo Global
12.8 Teltonika Group
12.9 GPS Chile S.P.A.
12.10 Viasat Telematic Services Sl
13. Key Strategic Recommendations14. Disclaimer
List of Figures
1. Chile GPS Tracking Device Market Revenues, 2019-2029F ($ Million, Units)
2. Chile Logistical Issue with Online Purchase.
3. Chile E-Commerce Sector Market, 2022 & 2027F ($ Billion)
4. Chile GPS Tracking Device Market Revenue Share, By Type, 2019 & 2029F
5. Chile GPS Tracking Device Market Volume Share, By Type, 2022 & 2029F
6. Chile GPS Tracking Device Market Revenue Share, By Deployment Type, 2022 & 2029F
7. Chile GPS Tracking Device Market Revenue Share, By Industry Type, 2022 & 2029F
8. Mining Sector Contribution in Chile’s GDP, 2017-2021
9. Online Retain Sales in Chile, (Billion USD), 2017-2021
10. Chile GPS Tracking Device Market Opportunity Assessment, By Type (2029F)
11. Chile GPS Tracking Device Market Opportunity Assessment, By Deployment Type (2029F)
12. Chile GPS Tracking Device Market Opportunity Assessment, By Industry Type (2029F)
13. Chile GPS Tracking Device System Market Company Revenue Share, 2022 Chile GPS Tracking Device System Market Company Revenue Share, 2022
14. Logistics & Mining Investments in Northern Chile
List of Tables
1. Chile GPS Tracking Device Market Revenues, By Type, 2019-2029F ($ Million)
2. Chile GPS Tracking Device Market Volume, By Type, 2019-2029F ($ Million)
3. Chile GPS Tracking Device Market Revenues, By Deployment Type, 2019-2029F ($ Million)
4. Chile GPS Tracking Device Market Revenues, By Industry Type, 2019-2029F ($ Million)
5. Major Minerals Production in Chile, 2022
6. Major Port in Chile, Capacity (Tonnes per Year), 2020
7. Mining Projects and Investments in Northern Chile (Million USD)

Companies Mentioned

  • Trimble Inc.
  • Geotab Inc
  • Quectel Wireless Solutions Co. Ltd.
  • Tramigo Ltd.
  • ORBCOMM Inc.
  • Sinocastel Co. Ltd.
  • Xirgo Global
  • Teltonika Group
  • GPS Chile S.P.A.
  • Viasat Telematic Services Sl