Persistence Market Research has announced the addition of the “ Gps Receiver Market to Register Steady Expansion During 2017 - 2025" report to their offering.

New York, NY -- (SBWire) -- 02/13/2019 --GPS Receiver Market: Introduction

Many sectors which are sometimes overlapped for a particular technology are working collectively on the R&D of autonomous driving, and autonomous driving has gained momentum in the recent times. From the premium customers like Tesla, BMW to volume customers all are thriving to go in future with their research in the autonomous driving section. This autonomous driving is seen to be fully dependent on GPS and hence the GPS trackers.

GPS receivers capture at least four of the satellite transmissions and use differences in signal arrival times to triangulate the receiver's location. This has changed the whole scenario of travelling and has made it way easy.

GPS Receiver Market: Drivers and Challenges

Some of the drivers for the GPS Receiver market are like its use in industries like Healthcare and Energy. GPS receivers in these markets are attracting customers as it makes many of the tasks easy which used to take much time and efforts by the orthodox methods.

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One of the restraint for GPS Receiver market is the high cost of GPS receivers. In many of the industries, spending highly on these GPS trackers is seen to be not worth.

GPS Receiver Market: Segmentation

The GPS Receiver market can be segmented on the basis of type, application, and region.

On the basis of type the GPS Receiver market can be divided into;

Survey
Precision

On the basis of application the GPS Receiver market can be segmented into;

Automobiles
Aviation
Industrial machinery
Maritime
Mining and Agriculture
Oil and Gas
Telecommunication
Others

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GPS Receiver Market: Key Players

Some of the key players of GPS Receiver Market are: u-blox, STMicroelectronics, Broadcom, Esterline Technologies, Honeywell International, Qualcomm, and Others