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Navigation Systems Market Research Reports: Latest Trends & Statistics

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Global Navigation Systems

The global navigation systems market (a major product in the consumer electronics industry) involves systems that can be stored on board a vessel or vehicle, or work from another location by sending information through radio or other signals. Many industries use these systems, including mainly the marine and automotive sectors. Automotive navigation systems normally use GPS navigation devices to obtain information as to user location through a road database.

GPS Industry Key Segments

Geographic Information Systems (GIS) accommodate the storage, analysis, capture, manipulation and management of geospatially-referenced data concerning the electrical grid. Electric utility geodata encompasses many types of information, including GPS location data, vegetation, census data, streets, network topology, land-based data and ownership/real estate, reports Pike Research. GIS provides a link between all electric utility operational activities, and its applications boost operations through improved smart grid business processes. GIS is used in gas and oil exploration for mapping, planning, identifying utility lines and other applications.

The global GIS market growth is fuelled by state and military demand, and the customized GIS applications market segment is expected to undergo further development. Obstacles to growth include the challenge of adapting to state regulations. Satellite based mapping developments mean increasing amounts of geographic information is available, giving rise to GIS technologies use across many industrial sectors.

Indoor location positioning is growing in popularity, with leading players offering new location technologies for use indoors such as Sony Ericsson, Google, RIM, Apple, Microsoft, Nokia and Samsung, reports Grizzly Analytics. Indoor location will impact smartphone use, facilitating check-ins, navigation, location-sharing and mapping. It was also impact retail as consumers will be able to search items, and receive advertisements, deals and promotions.

The global Real Time Locating Systems (RTLS) market growth is driven by RTLS advantages over other technologies, with particularly strong growth in the RTLS software market segment. While RTLS technology has traditionally been associated with hospital and logistics use, it is now being used in other industries, including mining, aerospace, manufacturing, and oil and gas, reports IDTechEx. Leading RTLS suppliers include Aeroscout, Cisco, Awarepoint, GE Healthcare and Zebra Technologies.

The worldwide GPS IC market growth is fuelled by rising smartphone use. Companies operating in the global GPS IC market continue to focus on technology convergence. One potential obstacle to market growth is falling GPS IC prices.

The mobile location-based services (LBS) market in North America represents the leading market segment in value and the second in active user numbers. One obstacle to market growth involves the availability of free and low cost services.

Navigation Systems Regional Market Share

China’s GPS and tracking solutions suppliers continue to focus on improving functionality. The industry is concentrating its efforts on the automotive sector, reports Global Sources. China GPS satellite navigation systems account for 95% of the country’s satellite navigation market, according to Netscribes. Beidou, also referred to as COMPASS, is a Chinese-developed navigation system that is expected to rival offerings from the US, the EU and Russia.

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Parent industry: Industrial Electronics
Related industries: HVAC, Lighting

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