Posted by Kristin Utterback on Wed, Dec 07, 2011 @ 12:15 PM
MarketsandMarkets has recently released the report Global GPS Market (Marine, Aviation, Automotive, Outdoor/fitness & GPS Smartphones), Applications (Navigation, Machine Control Control & Logistics Tracking) & Geography (2011-2016) in response to the widespread adoption and expansion of GPS technologies since 1999.
The increasing wireless network of 3G and 3.5G all over the world has supported the use of GPS devices to create the solution of signal loss problem with the usage of augmentation technology. It creates an opportunity for all GPS companies to capture the untapped market in the Asia-Pacific (APAC) and Rest of the World (ROW).
The GPS market is estimated to generate $9.1 billion in 2011 and $26.36 billion by 2016 at a CAGR of 23.7% from 2011 to 2016. The global GPS product market is segmented into GPS enabled smartphone, GPS cameras, and portable automation devices.
Scope of the report
The global GPS market report was produced on the basis of products, applications, and geographical analysis. It explains forecasted revenue, analyzes trends in the market and discusses issues impacting the market.
On the basis of product market
The products are divided into GPS-enabled mobile phones, GPS cameras, automotive, marine, and aviation. In these the trends of the market have been discussed in an elaborative way.
On the basis of application market
The application market is categorized into navigation, machine control, and logistics tracking. These were further subdivided into number of applications such as traffic control, agriculture, robotics, and others. The discussion includes their growth aspect and the reasons behind that growth.
On the basis of geography
• North America, Europe, Asia-Pacific, and ROW are covered in the report.
• North America is subdivided into U.S., Canada, and Mexico.
• Europe is further divided into UK, Germany, France, and others.
• Asia-Pacific is divided into China, India, Japan, South Korea, Taiwan, and others.
• ROW is segmented into Africa, Middle East, and others.
Each section will provide market data, market drivers, trends and opportunities, key players, and competitive outlook. This report will also provide market tables for covering the sub-segments and micro-markets.
Company profiles
In addition, the report also provides more than 15 elaborative company profiles covering their financials and strategy in detail. Companies have been profiled using lots of the authentic sources such as annual report, stock exchanges, Bloomberg, and Reuters. The financials have been done in view of the competitive strategies done by the companies over the past
For more information about this report, click HERE.
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