City of Industry, CA -- (SBWIRE) -- 09/21/2018 -- This study focuses on the production side and consumption side of Outdoor Sports GPS Device, presents the global Outdoor Sports GPS Device market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Outdoor Sports GPS Device capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Outdoor Sports GPS Device by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Outdoor sports GPS devices are portable gadgets that receive satellite signals. A GPS device offering different functionalities comes in different forms such as a handheld device, wearable device (smart watch and a smart glass). The mechanism of these devices is similar to smartphones and tablets.
Garmin, Polar, Bushnell, DeLorme are the earlier companies to produce the GPS device for outdoor sports, and Garmin is the leading specialist in the outdoor sports GPS device for the long time.
The outdoor sports GPS device concentrates in Taiwan, and there are some big OEM players of smart watch, and some mid-end, low-end brands, such as Bryton, Golife, Global Sat, etc. The Taiwan production of outdoor sports GPS device takes up about 30% of the global market. The USA is expected to be the global second largest market in 2015, followed by Europe.
The outdoor sports GPS device can be classified into handheld type and wearable type, the wearable type products are further classified into smart watch with GPS device and smart glasses with GPS functions. Currently, wearable type has developed to be the mainly product of outdoor sports GPS device with the share 75% of total market. And the smart glasses with GPS functions are scant in the world at present. Also, the functions of outdoor sports GPS device, can be instead of smart phones, pad with GPS systems. So we think the simple outdoor sports GPS device market is limited, and the multifunctional smart device will continue to rewrite the future market of outdoor sports GPS device.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.
Although sales of outdoor sports GPS device brought a lot of opportunity, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the outdoor sports GPS device field.
The Outdoor Sports GPS Device market was valued at 9820 Million US$ in 2017 and is projected to reach 133700 Million US$ by 2025, at a CAGR of 38.6% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Outdoor Sports GPS Device.
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Market Segment by Product Type
Market Segment by Application
Market size split by Region
Central & South America
Middle East & Africa
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