Los Angeles, CA -- (SBWIRE) -- 05/06/2019 -- 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.

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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 global Outdoor Sports GPS Device market was 9820 million US$ in 2018 and is expected to 133700 million US$ by the end of 2025, growing at a CAGR of 38.6% between 2019 and 2025.

This report studies the Outdoor Sports GPS Device market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Outdoor Sports GPS Device in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Garmin

SUUNTO

Adidas

Bushnell

DeLorme

Nike

Apple

Golife

Bryton

Samsung

SONY

Magellan

Fitbit

TomTom

Polar

Global Sat

Motorola

Gerk

Tomoon

inWatch

By the product type, the market is primarily split into

handheld device

Wearable device

By the end users/application, this report covers the following segments

Glof

Running

Cycling

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