|
(Wireless-NewsWire.Com, April 13, 2017 ) The global mid- and high-level precision GPS market is expected to be worth USD 3.09 billion by 2022, growing at a CAGR of 16.36% between 2015 and 2020. The growth of this market is driven by ongoing developments to improve the overall GPS infrastructure, availability of more cost-effective GPS solutions, and technological advancements in GPS augmentation.
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=166948901
Browse 84 market data tables and 50 figures spread through 148 pages and in-depth TOC on “GPS Receiver Market for Mid/High Level RTK Precision"
http://www.marketsandmarkets.com/Market-Reports/mid-high-level-precision-gps-market-166948901.html
Early buyers will receive 10% customization on this report.
GPS augmentation, micro-technology for positioning, navigation, and timing (micro-PNT), and adaptable navigation systems (ANS) are the latest developments in mid- and high-level precision GPS market and expected to be more demanding in the near future.
The mid- and high-level precision GPS market for survey grade is expected to grow at the highest rate during forecasted period. The major factors driving this market for survey grade include high accuracy and reliability. Companies can leverage this market opportunity by investing in R&D, offering cost-effective solution as the current market of survey grade is low because of expensive solutions.
The mid- and high-level precision GPS market for the mining application is expected to grow at the highest rate during the forecast period. Most of the developing countries, such as South Africa, Chile, Peru, Brazil, Colombia, and few others from Central Asia and Eastern Europe, have started adopting the GPS technology for mining applications. Mining is regarded as a risky, highly unsafe, and accident-prone industry.
At the same time, search and rescue teams started using GPS position information to create maps of the disaster areas for rescue and aid operations as well as to help assess damage. Companies have a huge opportunity for growth in the future because of the increasing demand for such applications in optical survey instruments for mining-related activities.
One of the objectives of the report was to analyze the market trends for all the segments of the mid and high level precision GPS receiver market along with, forecasting their respective growth rates. Apart from market segmentation, the report also provides an in-depth analysis such as the Porters’ Five Forces analysis, in addition to illustrating the supply chain with a detailed process flow diagram, and market dynamics Market dynamics includes drivers, restraints, and opportunities for the medium and high level precision GPS receiver market; analyzing and listing the several factors that positively and negatively affect each section of the market considered in this research study. The impact of the major factors on the global market for mid and high level precision GPS has also been provided under drivers, restraints, and opportunities.
Some of the key players in this market include Hemisphere GNSS, Inc. (U.S.), eRide, Inc. (U.S.), NavCom Technology, Inc. (U.S.), NovAtel Inc. (Canada), Trimble Navigation Ltd. (U.S.), CHC Technology Co., Ltd. (China), Altus Positioning Systems (U.S.), Javad GNSS, Inc. (U.S.), Beijing UniStrong Science & Technology Co., Ltd. (China), Topcon Positioning Systems Inc. (U.S.), Leica Geosystems, Inc. (U.S.), and Septentrio Satellite Navigation NV (Belgium).
Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=166948901
The mid- and high-level precision GPS market in the RoW region is expected to grow at highest CAGR during 2015–2020. There has been a rise in the flow of money entering into the countries from this region in the form of FDIs and other foreign investments.
About MarketsandMarkets
MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr.Rohan
MarketsandMarkets
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
MarketsandMarkets
Mr. Rohan
1-888-600-6441
sales@marketsandmarkets.com
Source: EmailWire.Com 
|
