RNCOS Research In Vehicle Navigation driving GPS Market in US

Released on = April 17, 2006, 9:48 pm

Press Release Author = RNCOS

Industry = Industrial

Press Release Summary = RNCOS Research: (http://www.rncos.com/Report/COM33.htm) GPS
navigation products are expected to result in increased demand in vehicle segments
of the US market. Its production during 2000-05 has made a growth of 25-30%.

Press Release Body = RNCOS Research: (http://www.rncos.com/Report/COM33.htm) A drop
in prices of Global Positioning System (GPS) navigation products are likely to
heighten demand made by the foremost users - the automakers and the vehicle owners.
With technological innovations the resulting economies of scale have trusted price
declines. Further product bundling, and aggressive cost-cutting strategies at all
levels of production and distribution are expected to influence prices downward.

With this in progress, the vehicle section found in both the actual shipment market
and aftermarket are expected to quickly adopt the GPS. As a matter of fact,
navigation and information delivery systems could become most required vehicle
components.

US GPS production during 2000-05 is estimated to have grown at a rate of 20-30%.
This has led to significant increases in the country's exports and imports during
the same period. According to findings, US GPS markets have recorded revenue of
about US $6 billion in the year 2005.

There are several reasons accorded to the high GPS market in the US. These are the
status of the automobiles manufactured, the secure feeling generated by an accurate
navigation device, and the large distances traveled by Americans than in any other
country.

At RNCOS, in their recently published market research report "GPS Market Update -
2006" analysts on the basis of a worldwide study of the GPS market claim that
consumer GPS navigation holds a major share of 53% in the US GPS market.

The report provides a detailed analysis of the market scenario and the varied
applications and growth opportunities that have been influenced by the technological
progress in the field of GPS services.

The market research report "GPS Market Update - 2006" focuses primary attention to
leverage a balance by weighing the impact of GPS, the market developments and
limitations along with a critical analysis of the ongoing revolution and related
technological issues.

The report provides a detailed assessment of the company profiles of 12 major
players including Rockwell, Trimble, Leica Geosystems Holdings AG, SiRF Technology &
CSI Wireless Inc.

About RNCOS:
RNCOS, formed in 2002, offers Market Research Reports for your business needs and
aims to put an end to your information pursuit. Our expertise in gathering global
business information for industry research, corporate training, growth consulting,
and business consulting, brings reputed companies and firms to us for business
enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/COM33.htm
For more information about the report please visit www.rncos.com


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com

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