GPS Market - Global Industry Analysis

GPS Market

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

Category: Technology & Media Report Format : PDF Report Code: ZMR-1441 Status : Upcoming

Description

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.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

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.

Table Of Content

Choose License Type

  • zion payment modes

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed