Published Date: 30-Nov-2019
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According to a new report LAMEA GPS (Global Positioning Systems) Market, published by KBV Research, the LAMEA GPS (Global Positioning System) Market would witness market growth of 25.6% CAGR during the forecast period (2019-2025).
The Brazil market dominated the LAMEA Marine GPS Market by Country 2018, growing at a CAGR of 26.3 % during the forecast period. The Argentina market would grow at a CAGR of 28.3% during (2019 - 2025). Additionally, The UAE market is anticipated to witness a CAGR of 27.3% during (2019 - 2025).
The Consumer Devices market dominated the UAE GPS Market by Deployment 2018, thereby, achieving a market value of $578.5 million by 2025. The Automotive Telematics Systems market showcases prominent growth rate of 24.2% during (2019 - 2025). Additionally, The Standalone Trackers market would grow at highest CAGR of 26% during (2019 - 2025).
The Location-Based Services market would dominate the South Africa GPS Market by Application by 2025; growing at a CAGR of 25 % during the forecast period. The Road is experiencing growth rate of 25.8% during (2019 - 2025). The Aviation market is witnessing a growth rate of 28.9% during (2019 - 2025). Additionally, The Marine market is anticipated to witness highest CAGR of 29% during (2019 - 2025).
Structural Insights: https://www.kbvresearch.com/lamea-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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