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

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

A positioning system (a assembly or device (component) associated with the goal of determining the location of a space) generally refers to the global positioning system (Global Positioning System). To put it simply, this is a satellite system made up of 24 satellites covering the whole world. This system can ensure that at any time, at any point in the earth, 4 satellites can be observed at the same time, so that the satellite can collect the latitude and latitude of the observation point, so as to achieve navigation, positioning, timing and other functions. This technology can be used to guide aircraft, ships, vehicles and individuals to arrive safely and accurately along the selected routes on time

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

This Insight Report provides a comprehensive analysis of the global Positioning Systems (GPS) 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 Positioning Systems (GPS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Positioning Systems (GPS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Positioning Systems (GPS) 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 Positioning Systems (GPS).

The global Positioning Systems (GPS) market size is projected to grow from US$ 42310 million in 2022 to US$ 86680 million in 2029; it is expected to grow at a CAGR of 10.8% from 2023 to 2029.

The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World. Annual estimates and forecasts are provided for the period 2018 through 2025. Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research.

This report analyzes the worldwide markets for Positioning Systems (GPS) in US$ by the following Product Segments: Portable GPS, Fixed GPS

Company profiles are primarily based on public domain information including company

Esterline

Honeywell Aerospace

Avidyne Corporation

Genesys Aerosystems

Dynon Avionics

FreeFlight Systems

Innovative Solutions and Support

Garmin

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

Market Segmentation:

Segmentation by type
Portable GPS
Fixed GPS

Segmentation by application
Military Aircrafts
Civil Aircrafts
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.
Garmin
Esterline
Honeywell Aerospace
Avidyne Corporation
Genesys Aerosystems
Dynon Avionics
FreeFlight Systems
Innovative Solutions And Support

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