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Global Positioning Systems (GPS) Market - Industry, Analysis, Growth, Demand, Outlook, ,Market Research Report Upto 2018

11-18-2016 01:22 PM CET | IT, New Media & Software

Press release from: TMR - Research Reports

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.

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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.

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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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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