Global GPS (Positioning System) Market Growth (Status and Outlook) 2023-2029

Global GPS (Positioning System) Market Growth (Status and Outlook) 2023-2029

GPS (Positioning System) is a global navigation satellite system that provides geolocation and time information to a GPS receiver anywhere on or near the Earth where there is an unobstructed line of sight to four or more GPS satellites.

LPI (LP Information)' newest research report, the “GPS (Positioning System) Industry Forecast” looks at past sales and reviews total world GPS (Positioning System) sales in 2022, providing a comprehensive analysis by region and market sector of projected GPS (Positioning System) sales for 2023 through 2029. With GPS (Positioning System) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world GPS (Positioning System) industry.

This Insight Report provides a comprehensive analysis of the global GPS (Positioning System) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on GPS (Positioning System) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global GPS (Positioning System) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for GPS (Positioning System) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global GPS (Positioning System).

The global GPS (Positioning System) market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for GPS (Positioning System) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for GPS (Positioning System) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for GPS (Positioning System) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key GPS (Positioning System) players cover Avidyne Corporation, FEI-Zyfer, Furuno Electric, Johnson Outdoors, Hemisphere GNSS, Navico, NSE Industries, Garmin and KCH Industries, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of GPS (Positioning System) market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Civilian
Military

Segmentation by application
Transportation
Construction
Aerospace
Agriculture
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Avidyne Corporation
FEI-Zyfer
Furuno Electric
Johnson Outdoors
Hemisphere GNSS
Navico
NSE Industries
Garmin
KCH Industries
MiTAC International

Please note: The report will take approximately 2 business days to prepare and deliver.