GPS Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Request Brochure Request Discount

Report Code: ZMR-1441 | Report Format : | Status : Upcoming |

Abstract

Global GPS Market: Overview

Global positioning system (GPS) is a global navigation satellite system that provides information about time and geolocation to the receiver anywhere on or near the earth where four or more GPS satellites must be visible. This system operates independently without integration of the internet reception, but the use of internet helps to improve the usefulness of the GPS positioning information. The GPS system is capable of providing critical positioning to the military, commercial, and civil users worldwide. GPS continuously transmits current position and time to the receiver. It is used in the various applications such as traffic signal timing, time transfer, and synchronization of cell phone base stations.

Global GPS Market: Growth Factors

The global GPS market is expected to witness significant growth in the near future owing to increasing use in the military, defense sector and vast range of civilian applications. The GPS system is used in a wide range of industrial applications thus influencing the GPS market in a positive way. Transportation, construction, aerospace and farming are leading users of the GPS system. It enhances the operational efficiency of these industries and reduces the overall operation costs. In the transportation industry, inbuilt GPS units in passenger vehicles guide the travelers through unknown routes. Growing number of consumers using smartphones with location enabled services is expected to trigger the market growth in the next few years. The emergence of the high-speed mobile data technologies such as 3G and 4G supports the use of GPS across the world, which fuels the global market. However, strict policies and licensing are some factors that are hampering the market growth.

Global GPS Market: Segmentation

The global GPS market is categorized based on type, application, and geography. The type segment includes automotive systems, GPS-enabled mobile phones, aviation systems, marine systems, and GPS cameras. Based on the application, the market is categorized into traffic control, security, navigation, and position tracking. Regionally, the market is diversified into North America, Asia-Pacific, Europe, and Rest of the World.

Global GPS Market: Regional Analysis

The GPS market is lead by the North American region; this dominance is expected to continue in the near future too. The rise in the industrial growth and use of advanced technology coupled with superior navigation techniques are factors that are contributing to the GPS market growth in the North America. The demand for smartphone devices is increasing in the countries such as Vietnam, China, Japan, and South Korea, which fuels the market growth in the Asia-Pacific region. Increasing penetration of the high-end military applications in the European market anticipates boosting the global GPS market growth.

Global GPS Market: Competitive Players

Key industry participants in the global GPS market include Orolia SA, Furono Electronics, Polar Electro Oy, ECT Industries, Avidyne Corporation, Raytheon Company, FEI-Zyfer, Garmin International, and MiTAC International. Other players influencing the global market are Novatel, SiRF Technology, KVH Industries Inc., Navico, Trimble, Rockwell Collins, Hemisphere GPS, TomTom NV, Johnson Outdoors, and Symmetricom.

Global GPS Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Artificial Intelligence (AI) Market for CRM by Application (Customer Service and Support, Marketing, Sales, and Other Applications), by Technology (Machine Learning, Natural Language Processing, Context-Aware Computing, and Image Processing), by Organization Size (Small and Medium-Sized Enterprises, and Large Enterprises), and by End-users (BFSI, Healthcare, Manufacturing, Retail, IT and Telecommunication, Media & Entertainment, Energy and Utilities, and Others End-users): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

Oct-2018 | Price : $ 4899.00 | Pages: 129 | Report Code: ZMR-3420 | Report Format:

The report covers forecast and analysis for the AI market for CRM on a global and regional level. The study provides historic data of 2015-2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the AI market for CRM along with the...Read More

Solar Based IoT Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3392 | Report Format:

Global Solar Based IoT Market: Overview The concept of solar based IoT is a combination of increased demand for adopting renewable sources of energy and the latest digitization techniques. Solar based IoT is a new technological trend that is slowly and steadily establishing its foothold in the g...Read More

Cognitive Security Market By Component (Solutions and Services), By Security Type (Cybersecurity and Physical Security), by Vertical (Aerospace and Defense, Banking, Financial Services, and Insurance, Energy and Utilities, Government, Healthcare, IT and Telecom, Manufacturing, Retail, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

Sep-2018 | Price : $ 4899.00 | Pages: 210 | Report Code: ZMR-3376 | Report Format:

The report analyzes and forecasts the cognitive security market on the basis of component, security type, vertical, and regions. The study shows past data from 2015 to 2017 along with forecast from 2018 to 2024 based on revenue (USD Billion). Assessment of market dynamics gives a brief thought abo...Read More

Unified Monitoring Market by Component (Solutions & Services), by Deployment Type (On-Premises and Cloud), and by Vertical (BFSI, Telecommunications And IT, Healthcare And Life Sciences, Manufacturing, and Others): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2017 – 2024

Sep-2018 | Price : $ 4899.00 | Pages: 260 | Report Code: ZMR-3366 | Report Format:

The report analyzes the unified monitoring market on a global and regional level. The study offers historical data of past years 2015, 2016, and 2017; along with forecast from 2018 to 2024 based on revenue (USD Billion). Assessment of market dynamics gives a brief thought about the drivers and res...Read More

Laser Cutting Machine Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017-2024

Price : $ 3900.00 | Report Code: ZMR-3343 | Report Format:

Laser Cutting Machine Market: Overview Laser cutting machine is a kind of technology that takes the help of a laser beam to cut the concerned material, either partially or completely. Some materials are very difficult to cut by the traditional means. For such kinds of materials, the laser cuttin...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.