Application of
Global
positioning systems has developed across various industries
globally. In the earlier days GPS systems were used only for military
and civilian purposes. Now GPS systems are widely used for various
industrial applications which include transportation, construction,
farming and aerospace which help these industries to improve their
operating efficiency and reduce costs. Furthermore GPS systems have
helped improve safety and emergency response time. Recreational and
fitness market is an emerging technology in the GPS market.
Increasing use of wireless technology and increasing popularity of
location based smart phones all over the world are drivers for this
market. Technology like 3G has supported the use of GPS all over the
world for different signal loss problems. A major restraint for this
market is licensing, because of strict rules and regulation.
The global GPS
market is segmented on the basis of its application, type and
geography. On the basis of type, Global GPS market is divided into
automotive, marine, aviation, GPS enabled mobile phones and GPS
cameras. This market is divided into traffic control, navigation and
position tracking in logistics and security on the basis of its
application. Further the market is subdivided into robotics, traffic
control, agriculture and other applications. On the basis of
geography global GPS market is divided into North America, Europe,
Asia-Pacific and ROW.
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Some of the key
market players in this market include Avidyne Corporation, ECT
Industries, FEI-Zyfer, Furono Electronics, Garmin International,
Hemisphere GPS, Johnson Outdoors, KVH Industries Inc, MiTAC
International, Navico, Novatel, Orolia SA, Polar Electro Oy,
Raytheon Company, Rockwell Collins, SiRF Technology, Symmetricom,
TomTom NV, Trimble etc.
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