The Positioning system (GPS) is a satellite-based navigation system made from a minimum of 24 satellites. GPS works in any weather, anywhere within the world, twenty-four hours a day. Every satellite transmits a unique signal and orbital parameters that permit GPS devices to decrypt and compute the precise location of the satellite. GPS receivers use this info and trilateration to calculate a user's exact location. Primarily, the GPS receiver measures the distance to each satellite by the amount of time it takes to receive a transmitted signal. With distance measurements from a few more satellites, the receiver can determine a user's position and show it electronically to measure running route, find a way home, map a golf course, among others. The positioning system is extensively used in numerous applications such as road, aviation, marine, surveying, among others.
This growth is primarily driven by Rising Number of Smart Phone Users, Awareness of Public Safety and Demand for Portable Navigation System.
Globally, a noticeable market trend is evident Need of in-built Equipped GPS. Major Players, such as Qualcomm Inc. (United States), Hexagon AB (Sweden), Broadcom Inc. (United States), Trimble Navigation Limited (United States), MiTAC Digital Technology Corporation (Navman) (United States), TomTom N.V (Netherlands), Rockwell Collins Inc. (United States), AvidyneCorporation (United States), FurunoElectric (Japan), JohnsonOutdoors (United States) and Navico (Norway) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 19 Sept. 2018, Qualcomm Technologies, Inc., in association with a leading precise positioning service provider Qianxun Spatial Intelligence, Inc. and Quectel Wireless Solutions, have announced a comprehensive high-precision positioning global navigation satellite system (GNSS) solution for China’s automotive industry. and On 24 May 2018, Hexagon has declared the launch of new PIM7500 Global Navigation Satellite System (GNSS) receiver explicitly designed for autonomous automotive platform development and solutions. This single-sided receiver features a compact form factor that solders down directly for easy integration with electronic control modules and Artificial Intelligence (AI) development platforms.
- Rising Number of Smart Phone Users
- Awareness of Public Safety
- Demand for Portable Navigation System
- Need of in-built Equipped GPS
- Security Issue
- Lack of Network Infrastructure in Underdeveloped Areas
- Accuracy of Location
Emerging Demand from Economies
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, GPS (Positioning System) Study Sheds Light on
The GPS (Positioning System) Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the GPS (Positioning System) industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where GPS (Positioning System) industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.