2022 GPS Equipment Market Growth Analysis, Size, Share, Trends And Forecast

Posted by ramtbrc on May 25th, 2022

The GPS Equipment Global Market Report 2021-31 by The Business Research Company describes and explains the global GPS equipment market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.

The GPS Equipment Global Market Report 2022 covers GPS equipment market drivers, GPS equipment market trends, GPS equipment market segments, GPS equipment market growth rate, GPS equipment market major players, and GPS equipment market size.

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The GPS equipment market report provides in-depth analysis of the impact of COVID-19 on the global GPS equipment industry along with revised market numbers due to the effects of the coronavirus and the expected GPS equipment market growth numbers for 2022-2031.

The global GPS equipment market size is expected to grow from .20 billion in 2021 to .38 billion in 2022 at a compound annual growth rate (CAGR) of 8.5%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The GPS equipment market share is expected to reach .18 billion in 2026 at a CAGR of 7.5%.

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GPS Equipment Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

TBRC’s report covers the GPS equipment market segments-
1) By Product Type: Data Loggers, Data Pushers, Data Pullers, Covert GPS Trackers

2) By End-Use Industry: Transportation and Logistics, Construction, Oil and Gas, Metals and Mining, Government, Others (Hospitality, Education, Retail, Agriculture, and Healthcare)

3) By Application: Road, Aviation, Marine, Location-Based Services, Surveying and Mapping, Others

About The Business Research Company: 
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology. It has offices in the UK, the US and India and a network of trained researchers in 20+ countries globally.  

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The Business Research Company 
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Americas: +1 315 623 0293

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