The Global Mid-and High-Level Precision GPS Receiver Market Size is expected to grow from USD 2.7 billion in 2021 to USD 4.0 billion by 2026, at a CAGR of 8.6%. Ongoing developments to improve overall GPS infrastructure, increasing adoption of GPS receivers in construction industry, rising technological advancements and GPS augmentation systems, and growing availability of more cost-effective GPS solutions are the key factors driving the growth of the Mid-and High-Level Precision GPS Receiver Market.
Key players operating in the Mid-and High-Level Precision GPS Receiver Market include major players operating in different stages in the entire value chain of GPS receiver; these players are Trimble Navigation Ltd. (US), Topcon Positioning Systems, Inc. (US), Hexagon AB (Sweden), and Javad GNSS, Inc. (US). Many major companies focus on implementing organic growth strategies, such as product launches, and inorganic strategies, such as partnerhsip and expansions, to increase their revenue.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=166948901
Top 3 Players in Mid-and High-Level Precision GPS Receiver Market:
Trimble Navigation Ltd.
Trimble Navigation Ltd. ranked first in the Mid-and High-Level Precision GPS Receiver Market in 2020. Trimble, Inc., a Delaware Corporation, is one of the leading providers of technology solutions that allows field mobile workers and professionals to enhance or transmits their work processes. The company operates through four business segments, namely Building and Infrastructure, Geospatial, Resources and Utilities, and Transportation. Under the Geospatial Segment, the company provides products on surveying and geospatial, and geographic information system (GIS). In 2019, the company has released a new GNSS receiver under the geographic information system, the launch of high-performance field computer and 3D laser scanning system for GIS and mapping portfolio. The company provides wide range of solutions under various categories such as agriculture, construction, geospatial survey, mapping & GIS, transportation, utilities, aggregates, alignment, environmental, field service management, forensics, local government, marine, mining, mobile computing, positioning services, integrated technologies OEM GNSS, real-time networks, time & frequency, and waste industry.
Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=166948901
Hexagon AB
Hexagon AB is a global market leader in software, sensor, and automation solutions. The company operates through two business segments, namely Geospatial Enterprise Solutions and Industrial Enterprise Solutions. Under the Geospatial Enterprise Solutions, the company offers laser scanners, airborne cameras, mobile mapping technologies, precise positioning, monitoring equipment, and unmanned aerial vehicles. This business segment serves various applications such as surveying, infrastructure & construction, agriculture, aerospace & defense, and natural resources. It also provides solutions for public safety. In 2007, Hexagon AB has acquired NovAtel Inc., one of the leading GNSS provider. The acquisition has provided Hexagon to accelerate the growth of new markets and applications within the GNSS sector. The Hexagon | NovAtel offers a wide range of OEM GNSS positioning products such as receivers, SPAN GNSS inertial navigation systems, SMART antennas, GNSS & GPS antennas, GPS & GNSS correction services, and GAJT antennas. Besides, Leica Geosystem AG was acquired by Hexagon AB in August 2006. The company operates under the Geosystem Division of Hexagon AB. The products offered by Leica Geosystem include total station, GNSS system, GNSS reference network, laser scanner, laser tracker system, airborne system, UAV system, and others. Under the GNSS system, the company provides receivers, smart antennas, controllers, system, software, and accessories.
Topcon Positioning Systems Inc
Topcon Positioning Systems, Inc. (Topcon) is a global market leader in precision measurement system. The company provides wide range of products under categories such as excavating and mass hauling, rough and fine grading; paving, milling and compaction; GNSS & network solutions, total station solutions, vertical construction, MAGNET software suite, aerial mapping & mass data collection, field controllers, software solutions, laser levels & theodolites; enterprise services and subscriptions, OEM components & technology, consoles & displays for Ag, GNSS receivers for agriculture, crop sensing, agricultural machine control, ag connectivity and data management; and water conservation. It comprises various primary brands such as RDS Technologies, Topcon, Digi-Star, Sokkia, NORAC, and Wachendorff Elektronik. The company also provides solutions by industry such as geopositioning, construction, precision agriculture, mapping, vertical construction solutions, monitoring, forestry, mining, utilities, OEM, forensics, and education. Under the Positioning Company, Topcon Corporation offers GNSS, machine control system, and precision agriculture. Topcon Group has also acquired Sokkia Topcon Co., Ltd. in 2008. The products offered by Sokkia include GNSS, total station, 3D scanner, machine control, data collector, lasers, and others.
Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/mid-high-level-precision-gps-market-166948901.html
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 7500 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, "Knowledgestore" 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. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Website: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/ResearchInsight/mid-high-level-precision-gps-market.asp
GPS Receiver Market report added by Value Market Research, offering growth, trends, and forecast for each segment along with regional and country analysis.
Further, this report also highlights the regional and country-level market analysis.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the gps receiver market include Trimble Inc., Topcon Corporation, Sokkia Co., Ltd., GEO Group, Inc., NavtechGPS, ComNav Technology Ltd., Hemisphere GNSS, Inc., NavCom Technology, Inc., Leica Geosystems AG and Garmin Ltd. among others.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global GPS Receiver Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/gps-receiver-market/download-sampleMarket DynamicsThe global GPS market is likely to experience potential growth in the upcoming year owing to rising use in the military, defense sector, and wide range of civilian applications.
It improves the operational efficacy of these industries and reduces operation costs.
The growing penetration of smartphones with location-enabled services is expected to bolster the market growth in the next few years.
The global GPS Receiver market focuses on encompassing major statistical evidence for the GPS Receiver industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market.
A comprehensive addition of several factors such as global distribution, manufacturers, market size, and market factors that affect the global contributions are reported in the study.
In addition the GPS Receiver study also shifts its attention with an in-depth competitive landscape, defined growth opportunities, market share coupled with product type and applications, key companies responsible for the production, and utilized strategies are also marked.
GPS receiver market has high growth prospects owing to rising use for GPS in travelling and also increasing research and development activities related to GPS product such as research in the autonomous driving section.Further, increasing industrial automation and investment for technological advancement drive the demand for GPS receiver over the forecasted period.
The market segmentation clarifies further regional distribution for the GPS Receiver market, business trends, potential revenue sources, and upcoming market opportunities.
The Global GPS Receiver Market segments and Market Data Break Down are illuminated below: by Type (Differential Grade, Survey Grade), Application (Precision Farming (Agriculture), Aviation, Space, Mining, Military & Defense, Oil and Gas, Others), Frequency Band (L1 Band, L2 Band, L5 Band) The GPS Receiver market study further highlights the segmentation of the GPS Receiver industry on a global distribution.
