What Is GPS Asset Tracking? Prevent Loss & Track in Real Time

Published date: Last modified on: Ryan Horban
GPS Asset Tracking

Ever had a tool vanish from a job site? Or worried if your high-value shipment made it to the right place?

Whether it's an expensive power drill, a trailer full of gear, or a valuable package you just shipped. Losing track of your assets can cost you time, money, and trust. And that's exactly why more U.S. businesses, delivery services, and even everyday people are using GPS asset tracking.

In this guide, you’ll learn:

  • What GPS asset tracking really is
  • How it works, step by step
  • What you can track, from tools to parcels
  • The different types of GPS trackers available
  • How much it costs
  • How it protects your gear, shipments, and peace of mind
  • Let’s get started with the basics.

What is GPS Asset Tracking & How Does It Work?

GPS asset tracking is a system that uses small GPS devices to monitor the real-time location and movement of valuable items like tools, equipment, vehicles, or a high-value shipment. It helps you know exactly where your assets are, anytime, from anywhere.

Ever wonder how GPS asset tracking actually works?

It’s simpler than you might think. At its core, the GPS tracking system uses three major components. Let’s break it down:

1. GPS Tracker Device

This is the device you attach to your assets like a tool, trailer, or even a parcel.

  • How it’s attached: Most trackers come with magnets, straps, mounts, or adhesive pads. You can hide it inside toolboxes or screw it onto equipment frames.
  • Battery Type: Some trackers use rechargeable batteries and run for months on standby using motion-activated sleep mode. For powered equipment, you can even hardwire them into the engine.
  • Built Tough: Good trackers are waterproof, dustproof, and built for harsh U.S. job sites or shipping routes.

2. Communication Network

Once installed, the device sends location data using one of these networks:

  • Cellular: Sends live location updates through 4G/5G and it's great for urban, rural, and mobile use.
  • Satellite: Works where cell signal fails, ideal for off-grid, remote, or cross-country tracking.
  • Bluetooth/Wi-Fi: Short-range tracking for indoor warehouses or yards where GPS might be blocked.

Most modern trackers come with hybrid connectivity, automatically switching between modes for better coverage and battery efficiency.

3. Cloud-Based Dashboard

Now the best part, everything is accessible from your phone, tablet, or laptop, no matter where you are in the U.S.

  • Live Map View: Instant location visibility on Google-style maps.
  • Instant Alerts: Get notifications if equipment leaves a zone, moves after-hours, or gets tampered with.
  • Reports & History: View mileage, usage, location history, and more.
  • Multi-User Access: Give access to team members, dispatchers, or managers.

In short, a GPS tracker sends signals through the communication network, and you watch everything from your phone or dashboard.

It’s a reliable way to protect your assets and stay in control at all times like where your stuff is, right when it happens.

SpaceHawk GPS Tracker

🚀 Want to see how GPS tracking works in real life?

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What Assets Can You Track?

Not sure what types of assets you can track with a GPS device?

Good news, you can track just about anything that moves, gets used, or might get lost. From heavy-duty machines to handheld tools or high-value shipments, GPS asset trackers help you stay in control.

Assets Tracked by GPS tracking

Here’s a list of common items businesses and individuals track in the U.S.:

Tools

Great for keeping eyes on tools that move from site to site (Small, valuable items used on job sites).

  • Drills
  • Power saws
  • Laser levels
  • Toolboxes
  • Jobsite kits

Heavy Equipments

Helps to cut downtime and theft at worksites or rental yards (Larger powered and non-powered assets).

  • Compressors
  • Generators
  • Excavators
  • Backhoes
  • Forklifts
  • Light towers

Vehicles & Trailers

Ideal for delivery fleets, construction, landscaping, and mobile services (Commercial and support transportation assets).

  • Service trucks
  • Utility vans
  • Cargo trailers
  • Shipping containers
  • Mobile storage units

IT & High-Value Movables

Excellent for event companies, hospitals, and tech transport (Electronics or expensive gear that needs oversight).

  • Computer servers
  • Medical devices
  • AV equipment
  • Specialty monitors
  • Portable lab tools

Need help picking the right tracker?
👉 Explore our Tool & Equipment Trackers →

Types of GPS Asset Trackers

All GPS trackers aren’t built the same, picking the wrong one, and you might end up with dead batteries, weak signals, or a whole lot of frustration.

Let’s break down the main types of GPS asset trackers so you can pick the right one for your tools, trailers, or equipment.

Powered vs. Non-Powered Trackers

Power Vs Non-Powered GPS Tracking

Powered Trackers

  • These are hardwired directly into vehicles or heavy equipment.
  • They run on the asset’s own power and offer continuous tracking without battery worries.
  • Great for trailers, trucks, or construction equipment with engines.

Non-Powered Trackers

  • These run on internal batteries and are often magnet-mounted or placed inside toolboxes.
  • Many include motion sensors to save battery when assets are still.
  • Ideal for tools, generators, and parcels with no power source.

Tip: Use powered trackers for assets that move daily and battery-powered trackers for assets that sit idle or move occasionally.

Cellular vs. Satellite Trackers

Cellular vs satellite GPS Tracking

Cellular Trackers

  • Use 4G/5G to send instant asset update data through major U.S. networks.
  • Cost-effective and fast in urban, suburban, and rural areas.
  • Most common type used for fleet, jobsite, and tool tracking.

Satellite Trackers

  • Use GPS satellites to send location data even in off-grid areas with no cell coverage.
  • Ideal for mining, oil, remote trailers, or equipment in deserts, mountains, and forests.
  • Usually more expensive but more reliable for remote tracking.

Example: Use cellular trackers for tools in a city and satellite trackers for trailers in remote Texas or Arizona.

Comparison Table: Choosing the Right Tracker

Tracker Type

Power Source

Battery Life

Network Type

Best Use Case

Indoor Or Outdoor

Tool Tracker

Battery-powered

1 week – 6 months

Cellular

Small tools, jobsite kits

Both

Equipment Tracker

Hardwired or battery

Unlimited (wired) or 1–12 months

Cellular / Satellite

Compressors, generators, backhoes

Mostly Outdoor

Vehicle Tracker

Hardwired / OBD

Continuous (engine-based)

Cellular

Fleet trucks, trailers, vans

Both

Satellite Tracker

Battery-powered

6–12 months

Satellite

Remote trailers, containers, off-grid assets

Outdoor

Key Features to Look For in an Asset Tracking System

Choosing the right GPS tracker comes down to the features. A few small details can make all the difference in protecting your tools and staying on top of your operations.

Features of Asset gps tracking

Here’s what to look for when choosing a GPS asset tracker that actually works for your business or personal use:

Must-Have Features (Easy to Understand, Easy to Use)

  • Live location updates :Shows the live location of your assets right now, on a map.
  • Geofencing & No-Go Alerts :Lets you set virtual boundaries and sends instant alerts when an asset moves outside them.
  • Long Battery Life with Motion-Based Sleep :Automatically powers down when idle and reactivates when the asset moves, saving battery.
  • Usage Monitoring & Maintenance Logs :Tracks engine hours, run-time, or usage data to help schedule maintenance.
  • Historical Activity Reports :Logs past movement, routes, and usage data for insights and audits.
  • Access from Any Device (Mobile + Desktop) :Manage your trackers using an app or web dashboard, anywhere in the U.S.
  • Indoor + Outdoor Compatibility :Works in warehouses, on job sites, in the field, or on the road using GPS, cellular, WiFi, or Bluetooth.
SpaceHawk Mini GPS Tracker

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Industry Use Cases for GPS Asset Tracking

The best way to understand the value of GPS asset tracking?
See how real industries are using it every day. Whether it’s a fast-moving job site, a delivery route, or a city-wide fleet, asset trackers help businesses across the U.S. reduce loss, stay organized, and save money.

Industry Uses of GPS Asset Tracking

Let’s break it down by industry:

Construction Industry

Construction sites are busy, open, and full of high-value equipment. GPS asset tracking helps companies:

  • Keep tabs on mobile machines like backhoes, lifts, and generators
  • loss prevention with motion alerts and geofencing
  • Monitor usage to improve job costing and maintenance schedules

Logistics & Delivery

When you’re moving goods across states, cities, or even neighborhoods, knowing where every trailer or container is can save major headaches.

  • Track trailers, pallets, and containers in instant location visibility
  • Prevent delays or losses from third-party carriers
  • Improve delivery accuracy and route reporting

Rental Businesses

Tool and equipment rental companies deal with high turnover and constant movement. GPS trackers help:

  • Ensure gear isn’t misused, lost, or kept longer than agreed
  • Track where each item is at all times
  • Send alerts for unauthorized travel or off-hour activity

Example: A rental company used motion alerts to recover a concrete mixer driven across state lines, before the customer even noticed it was gone.

Government & Municipal Fleets

Public works and city-run operate asset tracking on tight budgets. Fleet telematics helps:

  • Monitor the location of city trucks, snowplows, sanitation vehicles
  • Keep track of shared mobile equipment across departments
  • Reduce unauthorized use or fuel theft

Mini‑Stat Block:

  • Equipment theft costs U.S. businesses $300M–$1B per year
  • GPS tracking reduces equipment loss by up to 40%
  • Productivity improves by 30% in field-based teams

(Source: National Equipment Register, NICB, EMC Insurance)

Why GPS Asset Tracking Matters (Real-World Benefits)

Think of GPS asset tracking as more than just a way to “see where stuff is.”
It’s a tool that helps you save money, prevent loss, and run smarter operations.

Benefits of Asset Tracking

Here are the biggest benefits U.S. businesses see when they start tracking their tools, vehicles, or equipment:

  • Prevent Theft & Speed Up Recovery :Get instant alerts and live visibility, so you can act fast if something’s stolen.
  • See Everything in One Dashboard :Manage tools, vehicles, and gear from one central place. No more guessing.
  • Cut Downtime with Smarter Maintenance :Schedule service based on real usage, not guesswork so machines don’t sit idle.
  • Improve Team Accountability :Know who used what, where, and when. Prevent misuse or off-hour use.
  • Lower Insurance Premiums :Some insurers offer discounts for theft-prevention tech like GPS trackers.
  • Maximize Equipment Usage :Spot underused tools and reassign them before you waste money buying more.

GPS Asset Tracker Cost Breakdown (2025)

Worried this might break the bank?

Good news, GPS asset tracking is more affordable than you might think, and there are flexible options for every type of asset and budget.

Let’s break it down:

Average Cost of a GPS Asset Tracker

1. Hardware

  • Most trackers cost between $25 and $150.
  • Basic models are great for tools and small assets
  • Rugged or advanced units are built for heavy equipment, vehicles, or remote tracking

2. Software/Service:

  • Some trackers are subscription-free (you buy once and use an app)
  • Others offer monthly plans (around $9 to $30/month) with features like reporting, alerts, and cloud history

GPS Tracker Pricing by Tier

Feature

Low-End ($25–$50)

Mid-Tier ($50–$100)

High-End ($100–$150+)

Power Source

Battery only

Battery + motion saving

Battery + hardwired option

Battery Life

1–2 weeks

1–3 months

3–12+ months or continuous

Network Type

Cellular (basic coverage)

Cellular + alerts

Cellular/Satellite hybrid

Best For

Small tools, parcels

Equipment, job site gear

Vehicles, remote trailers

Indoor/Outdoor Use

Mostly indoor

Both

Fully outdoor & rugged

Looking for a solid tracker without breaking your budget?
👉 Compare Budget GPS Trackers for Small Business → 

Final Thoughts: Stay in Control of What Matters Most

Losing asset visibility from your equipment, tools, or valuable shipments isn’t just frustrating, it’s expensive.

Whether you run a construction crew, manage a delivery fleet, rent out gear, or just want peace of mind for high-value assets, GPS asset tracking gives you real-time visibility and full control.

You now know:

  • What GPS asset tracking is
  • How it works step-by-step
  • What types of assets and industries it’s best for
  • What features to look for
  • What it costs
  • And how it can save you time, money, and stress

In the end, it’s simple: If you can track it, you can protect it.

SpaceHawk GPS Tracker

🚀 Ready to track your tools, trailers, or shipments the smart way?
👉 Get Started with the Right GPS Asset Tracker →

FAQs About GPS Asset Tracking

Still have questions? You're not alone.  Here are some of the most common questions people ask before choosing a GPS asset tracker, answered simply.

What is an asset tracking device?

An asset tracking device is a small GPS unit that you attach to tools, equipment, or shipments to monitor their location and movement in real time.

Can GPS trackers work indoors?

Yes. Many trackers use Bluetooth or WiFi when the GPS signal is weak—like inside warehouses, garages, or shipping containers.

How long does the battery last on a tracker?

Battery life can range from 1 week to over 12 months, depending on usage, motion sensors, and power source. Hardwired trackers run continuously.

Do I need a subscription?

Some trackers are pay-once with no subscription, while others require a monthly fee for cloud-based tracking, reports, and alerts.

Can I move one tracker between different assets?

Yes. Most portable GPS trackers can be removed and reused as needed, perfect for rotating tools or rented equipment.

What happens if my GPS tracker loses signal?

Trackers usually store location data offline and upload it once the connection is restored. Some models also use cellular fallback to avoid blackouts.

Will GPS tracking lower my insurance costs?

Many U.S. insurers offer discounts for vehicles or equipment with theft-recovery systems like GPS trackers. Check with your provider.

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