(2022-2031) GPS Equipment Market By CAGR Analysis, Demand, Growth Factors, Application And Leading Key Players Are Calamp Corporation, Sierra Wireless, Inc., Orbocomm Inc., Queclink Wireless Solutions Co., Ltd, Laird PLC.

'GPS Equipment Global Market Report 2022 -Market Size, Trends, And Global Forecast 2022-2026' by The Business Research Company is the most comprehensive report available on this market, with analysis of the market's historic and forecast growth, drivers and restraints causing it, and highlights of the opportunities that companies in the industry can take on. The GPS Equipment market research report helps gain a truly global perspective of the GPS Equipment industry as it covers 60 geographies worldwide. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.

The regions covered in the GPS Equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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The global positioning system equipment market consists of sales of global positioning systems equipment and related services by entities that are used for determining the ground position of an object through GPS satellites. GPS is a satellite navigation system that transmits specific signals that allow GPS equipment to decode and measure the exact location of the satellite.

Key competitors in the GPS Equipment market include Calamp Corporation, Sierra Wireless, Inc., Orbocomm Inc., Queclink Wireless Solutions Co., Ltd, Laird PLC., Tomtom International Bv, Concox Wireless Solution, Xirgo Technologies, Inc., Shenzhen Concox Information Technology Co. Ltd., and Maestro Wireless Solutions.

The global GPS equipment market size is expected to grow from $2.20 billion in 2021 to $2.38 billion in 2022 at a compound annual growth rate (CAGR) of 8.5%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The GPS equipment market is expected to reach $3.18 billion in 2026 at a CAGR of 7.5%.

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TBRC's report segments the global GPS Equipment market:
1) By Product Type: Data Loggers, Data Pushers, Data Pullers, Covert GPS Trackers
2) By End-Use Industry: Transportation and Logistics, Construction, Oil and Gas, Metals and Mining, Government, Others (Hospitality, Education, Retail, Agriculture, and Healthcare)
3) By Application: Road, Aviation, Marine, Location-Based Services, Surveying and Mapping, Others

Read further on the GPS Equipment market here:
https://www.thebusinessresearchcompany.com/report/gps-equipments-global-market-report

The Table of Contents includes:
1. Executive Summary
2. GPS Equipment Market Characteristics
3. GPS Equipment Market Trends And Strategies
4. Impact Of COVID-19 On GPS Equipment Market
5. GPS Equipment Market Size And Growth
.....
27. GPS Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The GPS Equipment Market
29. GPS Equipment Market Future Outlook And Potential Analysis
30. Appendix

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