GPS Receiver Market Overview (2021-2026)

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GPS Receiver Market  Forecast (2021 -
2026)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2021-2026
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• The GPS Receiver Market size is forecast to reach
  317 million by 2026, growing at a CAGR of 7.9
  from 2021 to 2026.
• The GPS Receiver market is estimated to witness
  substantial growth over the forecast period
  primarily due to its heavy usage in healthcare
  and Energy sector and on-going developments to
  improve the overall GPS infrastructure.
• The usage of GPS receivers is high in the
  construction industry in recent times due to
  adoption of GPS technology in large-scale
  construction projects such as civil construction
  sites and megaprojects for equipment tracking.

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• Key Takeaways
• On-going developments to improve the overall GPS
  infrastructure, availability of most
  cost-effective GPS solutions and technological
  advancements in GPS augmentation are driving the
  market growth of GPS receivers.
• GPS receivers enable the users to determine the
  time with high precision without needing to use
  expensive atomic clocks.
• GPS receivers are being implemented heavily in
  applications such as healthcare, automotive and
  energy sector.

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By Type - Segment Analysis The market segment by
type into Survey grade and Precision grade. The
survey-grade segment is the leading segment CAGR
10.40 in terms of revenue. Survey grade
receivers are designed for the achievement of
consistent network accuracy in the static or
real-time mode.
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• GPS Receiver Market- Competitive Landscape 
• U-blox
• STMicroelectronics
• Broadcom
• Esterline Technologies
• Honeywell International
• Qualcomm

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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
Inquiry Before Buying
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