The GPS Receiver market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Some of the key factors driving this market are the ongoing developments to improve the overall GPS infrastructure, availability of more cost-effective GPS solutions, and technological advancements in GPS augmentation.
In terms of geographic regions, North America acquired largest mid- and high-level precision GPS market owing to high demand in precision farming for yield monitoring, auto steering and field mapping applications.
In the global GPS Receiver market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
The key players covered in this study
Geneq
Hemisphere Gnss
Hexagon
Javad Gnss
Leica Geosystems
Navcom Technology
Septentrio Satellite Navigation
Sokkia Topcon
Spectra Precision
Topcon Positioning Systems
Trimble Navigation
Market Segment by Product Type
Differential Grade
Survey Grade
Market Segment by Application
Precision Farming (Agriculture)
Mining
Construction
Oil and Gas
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the GPS Receiver market for the forecast period 2020 - 2025?
• What are the driving forces in the GPS Receiver market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the GPS Receiver industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?