Released on: June 16, 2008, 3:11 am

Press Release Author: Shushmul Maheshwari

Industry: Telecommunications

Press Release Summary: RNCOS has recently added a new Market Research Report titled,
\"World GPS Market Forecast to 2012\" to its report gallery. The report provides a
comprehensive review on the market trends, drivers, challenges, and opportunities
that are vital for the success of GPS industry across the world.

Press Release Body: RNCOS has recently added a new Market Research Report titled,
\"World GPS Market Forecast to 2012\" to its report gallery. Global Positioning System
(GPS) is a revolutionary tool, which provides unequalled accuracy and flexibility of
positioning for navigation, surveying and Geographic information system (GIS) data
capture.

Growing use in automotive and consumer applications is propelling the market for
mobile location technologies. Although standalone products are quite popular, the
most common applications are built around Portable Navigation Devices (PNDs), mobile
phones, or car navigation systems. Moreover, the technology is fast gaining
acceptance worldwide, as it is penetrating into previously untapped areas.

The report provides a comprehensive review on the market trends, drivers,
challenges, and opportunities that are vital for the success of GPS industry across
the world. Analysis is presented for major geographic markets such as the US,
Canada, Europe, Japan, and other Asian countries like India and China. The report
gives a detailed analysis on the end-user applications, including In-Vehicle
Navigation, Survey/Mapping, Machine Control and others.

Key Findings

- Currently, Japan has the highest in-vehicle navigation system penetration
followed by North American and European countries.
- The 2008 Olympic Games in Beijing and Shanghai World Expo in 2010 are
expected to trigger an explosion in the commercial telematics market in China.
- With the rapid development of GPS market in countries like China and India,
majority of navigation systems are anticipated to be shipped in Asia-Pacific by
2012.
- Taiwan has emerged as a manufacturing destination for GPS products on the global
map, attracting major players to set up their production facilities in the country.
- With the growing demand for navigational services, the global market for Location
Based Services (LBS) is likely to grow at a CAGR of more than 104%.
- As of 2007, PNDs dominated the GPS device market with more than 90% market share.
However, this share is expected to get disturbed by the availability of GPS-enabled
handsets that will account for an estimated 78% market share by 2012 end.
- Opportunities remain untapped for various vertical segments of GPS market, like
in new advanced access devices, chipset availability, and PND market.

Key Issues Analyzed

- What is the current status of the global GPS market?
- What are the factors that are fueling growth into the global GPS market?
- Industry profile of various countries like U.S., Japan, China, India, etc.
- What are the current and future trends in the global GPS market?
- Which areas are creating opportunities for various segments in the global GPS
market>
-Which factors may inhibit the growth in global GPS market?
- Who are the Key players in global GPS market?

Key Players

This section provides brief overview of the key players in the global GPS Market.
Top five players include Garmin International Inc., TomTom International BV, Mio
Technology Corporation, Magellan and Navman. Others players are Rockwell Collins
Inc., Trimble, Leica Geosystems, Hemisphere GPS Inc., Fine Digital USA Inc. and SIRF
Technology Inc.

Research Methodology Used

Information Sources
Information has been sourced from books, newspapers, trade journals, and white
papers, industry portals, government agencies, trade associations, monitoring
industry news and developments, and through access to more than 3000 paid databases.

Analysis Method
The analysis method includes ratio analysis, historical trend analysis, linear
regression analysis using software tools, judgmental forecasting, and cause and
effect analysis.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://rncos.com/Report/IM603.htm
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