2013-02-06 09:56:26 - Shipments of GPS devices globally is projected to grow at a CAGR of 15% during 2012-2015, says RNCOS in its research report.
Global Navigation Satellite System (GNSS) is satellite navigation system of satellites that provide autonomous geo-spatial positioning with global coverage. GPS and location data are being woven into most forms of social media, as well. People are now harnessing the power of location - not just for road directions, aviation, and sea navigation - but for finding the nearest restaurant, gas station, and much more. It is fast becoming a part of people’s day-to-day lives, as more smartphones, portable electronic devices, and cars are integrating this technology. Global Positioning System (GPS) technology has developed its applications across various industries such as Automatic Vehicle Location (AVL), tracking systems, navigation, Pedestrian Navigation Systems (PNSs), intelligent transportation Systems etc.
The Galileo system is the most
ambitious GPS alternative being developed to date by European Union. Similarly, Russia has chosen to go it alone with its GLONASS system. China is also developing a constellation of more than 30 satellites, to give its COMPASS GNSS a global coverage. Further, India is also hedging its bets in the global navigation satellite systems’ (GNSS) game with its Indian Regional Navigation Satellite System (IRNSS). However, Japan's Quasi-Zenith Satellite System (QZSS) takes a different approach.
According to our research report, “GPS Market Forecast to 2015”, the shipments of GPS devices is growing significantly across the globe and further projected to grow at a CAGR of 15% during 2012-2015. The GNSS technology, which is expected to be embraced by the positioning facilities through mobile phones and route guidance devices in the car, development of the GNSS market is anticipated to see exhaustive usability in the coming years.
Our report, “GPS Market Forecast to 2015”, covers an extensive research and thorough analysis of the GPS market worldwide. All the current trends and developments of the GPS Industry have been evaluated in the report. The report also features exclusive forecasts for various GPS application areas, including navigation, survey & mapping, machine control and other applications.
The study also gives an insight into the competitive landscape and provides forecasts and emerging trends to give an idea about the future prospects. Overall, the report tends to aid clients analyze the driving forces and understand the opportunities existing in this industry.
For FREE SAMPLE of this report visit: www.rncos.com/Report/IM443.htm
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- World GPS Market Forecast to 2013 ( www.rncos.com/Report/IM035.htm
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