GPS Antenna Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

GPS antenna is used to receive and transmit information by radio waves from a GPS satellite. When connected to a GPS receiver, the GPS transmits and receives the specific radio frequency signals needed for a GPS device to perform its time, location, and navigation functions. GPS antennas can be used in a variety of applications including road, aviation and automotive.
MARKET SCOPE

The "Global GPS Antenna Market Analysis to 2031" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the GPS antenna market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading GPS antenna market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on type, the global GPS antenna market is segmented into internal and external.
  
•   Based on application, the GPS antenna market is segmented into aviation industry, automotive, transportation and healthcare.
  

MARKET DYNAMICS

Drivers

•   The GPS system used in transportation provides various benefits to users including ease of travelling and accurate monitoring of operations and assets.
  
•   Increasing smart mobility applications, such as fleet management, navigation, satellite road traffic monitoring and several other, are expected to bolster the growth of the global GPS antenna market.
  

Restraints

•   The high cost of installation and increased competition issues are some of the factors restraining the growth for GPS antenna market.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The GPS antenna market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the GPS antenna market in these regions.

IMPACT OF COVID-19 ON GPS ANTENNA MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

GPS Antenna Market Report Analysis

GPS Antenna Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Harxon Corporation
• Hemisphere GNSS
• Javad GNSS, Inc.
• Leica Geosystems
• NavCom Technology, Inc.
• NovAtel, Inc.
• Orolia
• Sokkia
• Tallysman

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Type

• Internal
• External

By Application

• Aviation Industry
• Automotive
• Transportation
• Healthcare

MARKET PLAYERS

The report covers key developments in the GPS antenna market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from GPS antenna market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the GPS antenna market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Harxon Corporation
  
•   Hemisphere GNSS
  
•   Javad GNSS, Inc.
  
•   Leica Geosystems
  
•   NavCom Technology, Inc.
  
•   NovAtel, Inc.
  
•   Orolia
  
•   Sokkia
  
•   Tallysman
  
•   Topcon Positioning Systems, Inc.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

GPS Antenna Market Report Scope