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Real-Time Location System Market Report: Trends, Forecast and Competitive Analysis

May 2024 | 150 pages | ID: R289B1FD5996EN
Lucintel

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The future of the real-time location system (RTLS) market looks promising with opportunities in the healthcare, manufacturing & automotive, transportation & logistic vertical, and retail industries. The global real-time location system market is expected grow with a CAGR of 23% to 25% from 2021 to 2026. The major drivers for this market are increasing need for asset tracking, growth in smartphones, and surge in the adoption of business analytics solutions.

A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of real-time location systems market report download the report brochure.

The study includes trends and forecast for the global real-time location system market by component, application, end use industry, and region as follows:

By Component [$M shipment analysis for 2015 – 2026]:
  • Hardware
  • Software
By Application [$M shipment analysis for 2015 – 2026]:
  • Tracking and Navigation
  • Marketing and Advertising
  • Location-Based Social Networks
  • Location-Based Health Monitoring
  • Others
By End Use Industry [$M shipment analysis for 2015 – 2026]:
  • Healthcare
  • Manufacturing & Automotive
  • Retail
  • Transportation & Logistics
  • Governments & Defense
  • Education
  • Oil & Gas and Mining
  • Sports & Entertainment
  • Others
By Region [$M shipment analysis for 2015 – 2026]:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • The Rest of the World
By Region [$M shipment analysis for 2015 – 2026]:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • The Rest of the World
Hardware will remain the largest product type segment over the forecast period due to the abundant availability of affordably priced sensors and growing awareness of the benefits of RTLS technology.

Healthcare market is expected to witness the highest growth during the forecast period due to the adoption of RTLS-based technologies for a wide variety of healthcare applications, such as asset tracking and monitoring, handheld hygiene compliance, and environmental monitoring.

North America will remain the largest region during the forecast period due to the increasing demand for RTLS applications in the healthcare and manufacturing & processing sectors, presence of a major number of RTLS vendors, and wide-scale adoption of mobility solutions.

Some of the real-time location systems companies profiled in this report include Stanley Black & Decker Inc., Redpine Signals Inc, Zebra Technologies Corp., Versus Technology, Inc., Lockheed Martin Corporation, Sonitor Technologies, TeleTracking Technologies, Inc., CenTrak, DecaWave Limited, and Ubisense Ltd.

Features of Real-time location systems Market
  • Market Size Estimates: Real-time location systems market size estimation in terms of value ($M)
  • Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments and regions.
  • Segmentation Analysis: Market size by component, application, and end use industry
  • Regional Analysis: Real-time location systems market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different component, application, end use industry, and regions for RTLS market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the real-time location systems market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 11 key questions

Q.1 What are some of the most promising potential, high-growth opportunities for the global real-time location system market by component (hardware and software), application (tracking and navigation, marketing and advertising, location-based social networks, location-based health monitoring, and others), end use industry (healthcare, manufacturing & automotive, retail, transportation & logistics, governments & defense, education, oil & gas and mining, sports & entertainment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the real-time location systems market?
Q.5 What are the business risks and threats to the real-time location systems market?
Q.6 What are the emerging trends in the real-time location systems market and the reasons behind them?
Q.7 What are some changing demands of customers in the real-time location systems market?
Q.8 What are the new developments in the real-time location systems market? Which companies are leading these developments?
Q.9 Who are the major players in the real-time location systems market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the real-time location systems market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the real-time location systems market?
1. EXECUTIVE SUMMARY

2. MARKET BACKGROUND AND CLASSIFICATIONS

  Introduction, Background, and Classifications
  Supply Chain
  Industry Drivers and Challenges

3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2015 T  2026

  Macroeconomic Trends (2015-2020) and Forecast (2021-2026)
  Global Real-time Location Systems Market Trends (2015-2020) and Forecast (2021-2026)
  Global Real-time Location Systems Market by Component
    Hardware
    Software
  Global Real-time Location Systems Market by Application
    Tracking and Navigation
    Marketing and Advertising
    Location-Based Social Networks
    Location-Based Health Monitoring
    Others
  Global Real-time Location Systems Market by End Use Industry
    Healthcare
    Manufacturing & Automotive
    Retail
    Transportation & Logistics
    Government & Defense
    Education
    Oil & Gas and, Mining
    Sports & Entertainment
    Others

4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2015 T  2026

  Global Real-time Location System Market by Region
  North American Real-time Location Systems Market
    Market by Component
    Market by Application
    Market by End Use Industry
    The US Real-time Location System Market
    The Canadian Real-time Location System Market
    The Mexican Real-time Location System Market
  European Real-time Location System Market
    Market by Component
    Market by Application
    Market by End Use Industry
    United Kingdom Real-time Location System Market
    French Real-time Location System Market
    Italian Real-time Location System Market
  APAC Real-time Location System Market
    Market by Component
    Market by Application
    Market by End Use Industry
    Chinese Real-time Location System Market
    Japanese Real-time Location System Market
    Indian Real-time Location System Market
    South Korean Real-time Location System Market
  ROW Real-time Location System Market
    Market by Component
    Market by Application
    Market by End Use Industry

5. COMPETITOR ANALYSIS

  Product Portfoli  Analysis
  Geographical Reach
  Porter’s Five Forces Analysis

6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS

  Growth Opportunity Analysis
    Growth Opportunities for the Global Real-time Location Systems Market by Component
    Growth Opportunities for the Global Real-time Location Systems Market by Application
    Growth Opportunities for the Global Real-time Location Systems Market by End Use Industry
    Growth Opportunities for the Global Real-time Location System Market by Region
  Emerging Trends in the Global Real-time Location System Market
  Strategic Analysis
    New Product Development
    Capacity Expansion of the Global Real-time Location System Market
    Technology Development
    Mergers and Acquisitions in the Global Real-time Location System Industry

7. COMPANY PROFILES OF LEADING PLAYERS

  Stanley Black & Decker Inc.
  Redpine Signals Inc.
  Zebra Technologies Corp.
  Versus Technology, Inc.
  Lockheed Martin Corporation
  Sonitor Technologies
  TeleTracking Technologies, Inc.
  CenTrak,
  DecaWave Limited
  Ubisense Ltd


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