Global Market Forecast to 2012 GPS

Bharatbook.com is pleased to announce a new report titled "World GPS Market Forecast to 2012."

Global Positioning System (GPS) is a revolutionary tool that offers unparalleled accuracy and flexibility of positioning for navigation, topography and geographic information system (GIS) data capture. Growing use in automotive and consumer is driving the technology market mobile location. Although the products are very popular independent, the most common applications are around portable navigation devices (PNDs) mobile phones or car navigation systems. Furthermore, the technology is gaining acceptance worldwide as it is penetrating in areas without exploit, says "World GPS Market Forecast to 2012", a research of new markets.

The report provides a comprehensive review market trends, drivers, challenges, and opportunities that are vital to the success of GPS industry across the world. The analysis is presented for major geographic markets including USA, Canada, Europe, Japan and other Asian countries like India and China. The report provides a detailed analysis the end-user applications, including vehicle navigation, survey mapping, machine control and others.

Key Findings

Currently, Japan has the highest in-vehicle navigation system penetration followed by North America and European countries.
Games Beijing Olympics 2008 and Shanghai World Expo in 2010 is expected to trigger an explosion in the commercial telematics market in China.
With the rapid development of GPS market in countries like China and India, most navigation systems are expected to be shipped in Asia and the Pacific in 2012.
Taiwan has become a destination for GPS products manufacturing on the global map, attracting major players to establish their production facilities the country.
With the growing demand for navigation services, the worldwide market for location based services (LBS) is likely to grow at a compound rate rate of more than 104%.
As of 2007, PNDs dominated the GPS device market with market share above 90%. However, this proportion is expected to get disturbed by the availability of GPS that represent approximately 78% of the market in 2012 final.
Untapped opportunities in various vertical market segments GPS, and new advanced access devices, chipset availability, and PND market.

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About Bharatbook.com:
Bharat Book Bureau facilitates companies to take the lead of their industry with best practice business strategies and intelligence, through a unique combination of published reports, databases, country reports, company profiles and customized research services. Bharat Book Bureau provides strategic information tools to the executives, business analysts, and knowledge managers that will help them to probe into and support critical, timely business decisions and strategies.

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