United States Battery-powered LoRaWAN GPS Tracker Market was valued at USD 0.4 Billion in 2022 and is projected to reach USD 1.2 Billion by 2030, growing at a CAGR of 15.8% from 2024 to 2030.
The US Battery-powered LoRaWAN GPS Tracker Market has witnessed significant growth in recent years, driven by a surge in demand across various industries. LoRaWAN technology, which stands for Long Range Wide Area Network, offers an ideal solution for businesses seeking to track assets and vehicles in real-time, even in remote areas where traditional GPS tracking systems may fail. The battery-powered aspect of these trackers makes them highly desirable for companies requiring long-term, low-maintenance tracking devices that can function autonomously without frequent charging.
Industries that benefit from these trackers include logistics, transportation, agriculture, and utilities. In logistics, for example, companies can track shipments over long distances, ensuring the security of valuable goods while minimizing the risk of theft or loss. Agriculture also benefits from LoRaWAN GPS trackers by enabling farmers to monitor the location and condition of their equipment and livestock, providing a higher level of operational efficiency.
Battery-powered LoRaWAN GPS trackers are gaining traction due to their energy efficiency. These devices can run for months or even years on a single battery, reducing the need for constant maintenance and saving companies on costs associated with frequent battery replacements. Additionally, the technology's ability to provide a broad range of coverage, especially in rural or hard-to-reach areas, makes it an essential tool for industries operating in such environments.
Another key factor driving the adoption of these devices is the increasing demand for real-time data analytics. By providing accurate location information and sensor data, LoRaWAN GPS trackers help industries make data-driven decisions that can enhance operational efficiency and minimize risk. As industries continue to embrace IoT (Internet of Things) technologies, the Battery-powered LoRaWAN GPS Tracker Market is poised for continued growth in the coming years.
For companies in need of tracking solutions that are both scalable and reliable, battery-powered LoRaWAN GPS trackers offer the perfect balance of performance, cost-effectiveness, and ease of use. Their versatility and long battery life have made them a preferred choice for numerous sectors looking to modernize their asset tracking processes.
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Digital Matter
Abeeway
Dragino
GlobalSat
Mimiq
MOKOSmart
BeaconTrax
ELA Innovation
Browan
ZANE systems
HKT Technology
ANANTICS
SenRa
Kerlink
TEKTELIC
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Battery-powered LoRaWAN GPS Tracker Market
Asset Tracking
Personal Tracking
Pet Tracking
Vehicle Tracking
Supply Chain Management
Transportation and Logistics
Healthcare
Agriculture
Retail
Manufacturing
Hardware
Software
LoRaWAN
NBIoT (Narrowband IoT)
Sigfox
Online Retail
Offline Retail
Direct Sales
Third-party Distributors
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Battery-powered LoRaWAN GPS Tracker Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Battery-powered LoRaWAN GPS Tracker Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Battery-powered LoRaWAN GPS Tracker Market, By Type
6. US Battery-powered LoRaWAN GPS Tracker Market, By Application
7. US Battery-powered LoRaWAN GPS Tracker Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Battery-powered LoRaWAN GPS Tracker Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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