Ideas That Generate Results
GPS Market Update (2006)
The Global Positioning System (GPS) is a constellation of satellites that broadcast signals, which are used to derive precise timing, location, and velocity information. The derived information can then be clubbed with other systems, such as communication devices, computers, and software to perform a variety of functions. With equipments ranging from hand-held receivers to rack-mounted electronics, the signals of global positioning systems can be used by anyone, anytime, anywhere in the world.
GPS is an information technology that is part of the emerging Global Information Infrastructure. GPS technology has contributed a great deal to the world economy over the last decade. Presently, there are more than hundreds of uses of GPS, starting from stand-alone applications to more integrated, embedded applications.
In Western Europe, the vehicle navigation market is in its initial stages, but there is already a strong demand for traffic information and navigation solutions. Countries like USA, Japan, and some others have gained a cumulative shipment of 9.39 million in-vehicle navigation and traffic information units in May 2002, and still find a great demand. GPS (global positioning system) production value globally is expected to grow at more than US$30 billion in 2008, up from US$13 billion in 2003.
Based on the industry trends and technological assessment, experts predict that the market is expected to grow by the next 15-20 years. The market is yet to perform as well as expected.
- Overview of the GPS Technology
- Scope and application of GPS devices in market structure
- Differential GPS (DGPS) techniques and application
- Global GPS market structure and structural growth
- GPS Market by Region
- GPS market and revenue share (by sector)
RNCOS’s “GPS Market Update (2006)” report provides an in-depth vision of the market scenario and the varied application growth opportunities influenced by the technological advancement in the field of GPS services. The primary focus of the report is to leverage a balance by contemplating on the impact of GPS, the market development and its limitations, along with a critical perspective into the ongoing insurgences and concerning technological issues. Chapter 1 provides an overview of the GPS technology and Chapter 2 provides an insight into the GPS industry. Chapter 3 talks about the GPS market by region, while Chapter 4 talks about the GPS Markets and Revenue Share by Sector. Chapter 5 covers the barriers to the entry of GPS competitors. Finally, Chapter 6 gives the profiles of the major companies of the industry.