The satellite GPS receiver is a tool that is utilized for navigation purposes. GPS receiver uses a portable radio receiver to pick up the speed of light from orbit satellites. NAVSTAR GPS is a highly popular satellite navigation system utilized by the U.S. Government. The U.S. Air Force operates a GPS receiver. The global navigation satellite system offers geolocation and time information to GPS receivers anywhere in the world.
MARKET DYNAMICS
Ongoing developments to enhance the overall GPS infrastructure and availability of more cost-effective GPS solutions are some of the major factors driving the growth of the GPS receiver market. Moreover, increasing technological advancements in the GPS system is anticipated to boost the growth of the GPS receiver market.
MARKET SCOPE
The Global GPS Receiver Market Analysis to 2028 is a specialized and in-depth study of the GPS receiver market with a special focus on the global market trend analysis. The report aims to provide an overview of GPS receiver market with detailed market segmentation by type, application. The global GPS receiver market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading GPS receiver market players and offers key trends and opportunities in the GPS receiver market.
MARKET SEGMENTATION
The global GPS receiver market is segmented on the basis of type, application. On the basis of type, the market is segmented as differential grade, survey grade. On the basis of application, the market is segmented as precision farming (agriculture), mining, construction, oil and gas, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global GPS receiver market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The GPS receiver market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting GPS receiver market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the GPS receiver market in these regions.
MARKET PLAYERS
The reports cover key developments in the GPS receiver market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from GPS receiver market are anticipated to lucrative growth opportunities in the future with the rising demand for GPS receiver market. Below mentioned is the list of few companies engaged in the GPS receiver market.
The report also includes the profiles of key GPS receiver market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Geneq Inc.
- Hemisphere Gnss, Inc.
- Hexagon AB
- Javad Gnss, Inc.
- Leica Geosystems AG
- Navcom Technology, Inc.
- Septentrio Satellite Navigation NV
- Sokkia Topcon Co., Ltd.
- Spectra Precision Inc.
- Trimble Navigation Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.