DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/reports/c86396) has announced the
addition of World GPS Market Forecast to 2012 to their offering.
Global Positioning System (GPS) is a revolutionary tool, which
provides unequalled accuracy and flexibility of positioning for
navigation, surveying and Geographic information system (GIS) data
capture. Growing use in automotive and consumer applications is
propelling the market for mobile location technologies. Although
standalone products are quite popular, the most common applications
are built around Portable Navigation Devices (PNDs), mobile phones, or
car navigation systems. Moreover, the technology is fast gaining
acceptance worldwide, as it is penetrating into previously untapped
areas, says "World GPS Market Forecast to 2012".
The report provides a comprehensive review on the market trends,
drivers, challenges, and opportunities that are vital for the success
of GPS industry across the world. Analysis is presented for major
geographic markets such as the US, Canada, Europe, Japan, and other
Asian countries like India and China. The report gives a detailed
analysis on the end-user applications, including In-Vehicle
Navigation, Survey/Mapping, Machine Control and others.
Key Findings
- Currently, Japan has the highest in-vehicle navigation system
penetration followed by North American and European countries.
- The 2008 Olympic Games in Beijing and Shanghai World Expo in
2010 are expected to trigger an explosion in the commercial telematics
market in China.
- With the rapid development of GPS market in countries like China
and India, majority of navigation systems are anticipated to be
shipped in Asia-Pacific by 2012.
- Taiwan has emerged as a manufacturing destination for GPS
products on the global map, attracting major players to set up their
production facilities in the country.
- With the growing demand for navigational services, the global
market for Location Based Services (LBS) is likely to grow at a CAGR
of more than 104%.
- As of 2007, PNDs dominated the GPS device market with more than
90% market share. However, this share is expected to get disturbed by
the availability of GPS-enabled handsets that will account for an
estimated 78% market share by 2012 end.
- Opportunities remain untapped for various vertical segments of
GPS market, like in new advanced access devices, chipset availability,
and PND market.
Key Issues Analyzed
- What is the current status of the global GPS market?
- What are the factors that are fueling growth into the global GPS
market?
- Industry profile of various countries like U.S., Japan, China,
India, etc.
- What are the current and future trends in the global GPS market?
- Which areas are creating opportunities for various segments in
the global GPS market?
- Which factors may inhibit the growth in global GPS market?
- Who are the Key players in global GPS market?
Key Players
This section provides brief overview of the key players in the
global GPS Market. Top five players include Garmin International Inc.,
TomTom International BV, Mio Technology Corporation, Magellan and
Navman. Others players are Rockwell Collins Inc., Trimble, Leica
Geosystems, Hemisphere GPS Inc., Fine Digital USA Inc. and SIRF
Technology Inc.
Research Methodology Used
Information Sources
Information has been sourced from books, newspapers, trade
journals, and white papers, industry portals, government agencies,
trade associations, monitoring industry news and developments, and
through access to more than 3000 paid databases.
Analysis Method
The analysis method includes ratio analysis, historical trend
analysis, linear regression analysis using software tools, judgmental
forecasting, and cause and effect analysis.
Companies Mentioned:
- Garmin International Inc.
- TomTom International BV
- Mio Technology Corporation
- Magellan
- Navman
- Others
- Rockwell Collins Inc.
- Trimble
- Leica Geosystems
- Hemisphere GPS Inc.
- Fine Digital USA Inc.
- SIRF Technology Inc.
For more information visit
http://www.researchandmarkets.com/reports/c86396
Research and Markets
Laura Wood
Senior Manager
Fax: +353 1 4100 980
press@researchandmarkets.com
Copyright Business Wire 2008
