Global Positioning Systems (GPS) Market: Strategic Insights, Opportunities, Statistics by 2033

The Global Global Positioning Systems (GPS) Market Report presents an in-depth analysis, merging qualitative and quantitative insights to provide a holistic understanding of the market's dynamics. The report evaluates growth drivers, challenges, and constraints while forecasting revenue trends across key segments. It offers both historical and projected data, giving stakeholders a clear view of market trends and future potential.

According to Straits Research, the global Global Positioning Systems (GPS) Market size was valued at USD 108.32 billion in 2024. It is projected to grow from USD 126.22 billion in 2025 to USD 429.18 billion by 2033, with a projected CAGR of 16.53% over the forecast period (2025–2033).

This report dives into the competitive landscape, featuring key market players, including their marketing strategies, revenue shares, recent advancements, and roles in shaping the industry. The report details major players' profiles and includes information on mergers and acquisitions, industry concentration ratios, and new trends influenced by COVID-19 and global regional conflicts. Such insights help readers understand competitors' positioning and provide strategies for market entry and expansion.

Global Positioning Systems (GPS) Market Insight Values:

Report Attribute Details
No. of Pages 110
Forecast Period 2025-2033
Estimated Market Value (USD) in 2024 USD 108.32 billion
Forecasted Market Value (USD) by 2033 USD 429.18 billion
Compound Annual Growth Rate 16.53%
Regions Covered Global

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Global Positioning Systems (GPS) Market Report Highlights

  • Market Overview and Segmentation: Provides a macro and micro-level analysis of market size, industry chain, and market dynamics, covering segmentation by type, application, and region.
  • Comprehensive Regional Analysis: Offers detailed forecasts and analysis for regions, including North America (U.S., Canada), Europe (U.K., Germany, France, Italy), Asia Pacific (China, India, Japan, Singapore, Malaysia), Latin America (Brazil, Mexico), and the Middle East & Africa.
  • Competitive Landscape: Highlights key players' profiles with information on market share, revenue, and growth strategies. Covers publicly listed and privately held companies, with insights into regional marketing and operational strategies.
  • Emerging Trends and Opportunities: Discusses recent developments, market expansion strategies, and identifies potential growth areas across regions and segments.
  • Industry Challenges and Risk Analysis: Addresses key risks, market constraints, production costs, raw material availability, and methods to mitigate these challenges.

Global Positioning Systems (GPS) Market Top Players

The report provides a comprehensive view of the competitive landscape within the Global Positioning Systems (GPS) Market, profiling key players and analyzing their market impact. These companies, including 

  1. Broadcom Inc.
  2. Collins Aerospace
  3. Raytheon Technologies Company
  4. Garmin Ltd
  5. Hexagon AB
  6. MiTAC Digital Technology Corporation (Navman)
  7. Motorola Solutions Inc
  8. Qualcomm Inc
  9. Texas Instruments Incorporated
  10. TomTom International BV
  11. Trimble Inc.
  12. Geotab Inc.
  13. Telenav Inc.
  14. TRX Systems Inc.
  15. Sewio Networks
  16. Xsens
  17. Telit
  18. Estimote Inc
  19. WiFiSLAM (Apple)
  20. Walkbase
  21. WiLocate (AISLE411)
  22. GPS Insight
  23. Navisens Inc.
  24. Smart Navigation Systems

Global Positioning Systems (GPS) Market Market Segmentation

  1. By Deployment Mode
    1. Standalone Tracker
    2. Portable Navigation Devices
    3. Automotive Telematics Systems
    4. Consumer Devices
  2. By Application
    1. Road
    2. Aviation
    3. Marine
    4. Location-Based Services
    5. Surveying and Mapping

This in-depth segmentation assists in identifying target demographics and understanding how different regions and applications drive market demand.

Market Segmentation: https://straitsresearch.com/report/positioning-system-market/segmentation

FAQs Addressed in the Global Positioning Systems (GPS) Market Research Report:

  • What recent brand-building initiatives have key players undertaken to enhance customer value in the Global Positioning Systems (GPS) Market?
  • Which companies have broadened their focus through long-term societal initiatives?
  • How have firms successfully navigated the pandemic, and what strategies have they adopted to remain resilient?
  • What are the global trends in the Global Positioning Systems (GPS) Market, and will demand increase or decrease in the coming years?
  • Where will strategic developments lead the industry in the mid to long term?
  • What factors influence the final price of absorption cooling devices, and what raw materials are utilized in their manufacturing?
  • How significant is the growth opportunity for the Global Positioning Systems (GPS) Market, and how will increasing adoption in mining affect the market's growth rate?
  • What recent industry trends can be leveraged to create additional revenue streams?

Scope of the Report:

  • Impact of COVID-19: Analyzes both immediate and long-term effects of the pandemic on the industry.
  • Industry Chain Analysis: Examines disruptions to the industry chain and changes in marketing channels.
  • Impact of the Middle East Crisis: Assesses the ongoing Middle East crisis's influence on industry stability, supply chains, and market trends.

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About Straits Research

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