Core SEO Marketing Global Handheld GPS Market 2018 by Manufacturers,
Report Information
Global Handheld GPS Market 2018 by Manufacturers, Regions, Type and
Application, Forecast to 2023
https://www.marketresearchnest.com/global-handheld-gps-market-2018-by-manufacturers-regions-type-
and-application-forecast-to-2023.html
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A Report Description
Handheld GPS is a type of portable, user-friendly gadget that combining Global Positioning System and
modern geographic technology, which provide location and time information in all weather conditions for
users. It is widely used for hiking, cycling, golfing, surveying and other applications.
Scope of the Report:
This report focuses on the Handheld GPS in global market, especially in North America, Europe and
Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on
manufacturers, regions, type and application.
Handheld GPS industry concentration is relatively high. The largest producer is Garmin, accounting for 70
percent market share in value in 2015, followed by Magellan and Lowrance. The industry competitive
landscape is relatively stable.
Along with the development of United States domestic Industrial technology, United States handheld GPS
has to be advanced in the world, especially in high end products.
The market scale will keep decreasing in the next few years. Although tough more people choose to enjoy
their outdoor life brought a lot of opportunities, the smartphone is so convenience and technical update
frequently that handheld GPS can be hardly to improve more, the research group recommends the new
entrants just having money but without technical advantage and downstream support do not to enter into the
handheld GPS field.
However, the high cost of the systems and effectiveness of the device are the major factors hindering the
growth of this market. In the future, the manufacturers who want to occupy the market must depend on
market mechanism reform, core technology improvement, manufacturing equipment innovation, brand
establishment and customer training and service enhancement.
The worldwide market for Handheld GPS is expected to grow at a CAGR of roughly xx% over the next five
years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info
Research) study.
Market Segment by Manufacturers, this report covers
Garmin
Magellan
Lowrance
Bushnell
Golf BUddy
DeLorme
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)