Published Date: 30-Nov-2019
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According to a new report Asia Pacific GPS (Global Positioning Systems) Market, published by KBV Research, the Asia Pacific GPS (Global Positioning System) Market would witness market growth of 22.5% CAGR during the forecast period (2019-2025).
The China market dominated the Asia Pacific Consumer Devices GPS Market by Country 2018, and would continue to be a dominant market till 2025. The Japan market is anticipated to grow at a CAGR of 20.5% during (2019 - 2025). Additionally, The India market would grow at a CAGR of 22.7% during (2019 - 2025).
The Location-Based Services market dominated the Australia GPS Market by Application 2018, thereby, achieving a market value of $749.9 million by 2025. The Road market is experiencing growth rate of 23.6% during (2019 - 2025). The Aviation market is witnessing a growth rate of 26.4% during (2019 - 2025). Additionally, The Marine market showcases prominent growth rate of 26.7% during (2019 - 2025).
The Consumer Devices market would dominate the Singapore GPS Market by Deployment by 2025; growing at a CAGR of 24.3 % during the forecast period. The Automotive Telematics Systems market is anticipated to witness a CAGR of 24.4% during (2019 - 2025). Additionally, The Standalone Trackers market is expected to witness highest CAGR of 26.7% during (2019 - 2025).
Structural Insights: https://www.kbvresearch.com/asia-pacific-global-positioning-systems-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of United Technologies Corporation (Rockwell Collins, Inc.), Hexagon AB, Qualcomm, Inc., Broadcom, Inc., Trimble, Inc., Garmin Ltd., KVH Industries, Inc., TomTom N.V., Geotab, Inc. and MiTAC Holdings Corporation.
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