Market Overview:
The global mid and high level precision GPS market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for precision farming, mining, construction, oil and gas applications across the globe. Additionally, factors such as rising demand for advanced navigation systems and growing awareness about benefits of using high-precision GPS are also contributing to the growth of this market. On the basis of type, the global mid and high level precision GPS market is segmented into mid level precision GPS and high level precision GPS.
Product Definition:
Mid and High Level Precision GPS are types of GPS systems that provide more accurate location information than standard GPS receivers. They are used in applications where high accuracy is required, such as surveying and navigation.
Mid Level Precision GPS:
Precision GPS (PGPS) is a new term in the satellite industry. It is used to define a class of systems that provide higher accuracy and reliability than standard GPS, but at a reduced cost and size. PGPS uses more satellites than standard GPS to obtain its accurate location, this results in increased antenna requirements which adds up to the system cost.
High Level Precision GPS:
High level precision GPS (HGPG) is a global system that provides high accuracy and reliability for the determination of positions of objects on Earth's surface. It uses several techniques such as trilateration, time difference of arrival, and pseudolite to determine position with an accuracy better than 10 meters.
The primary applications are in military & defense, automotive navigation systems, scientific research applications (such as hydrographic surveys), and mobile telephony among others.
Application Insights:
The construction segment is expected to emerge as the fastest growing application, registering a CAGR of XX% from 2018 to 2030 owing upon the increasing demand for precision GPS in various applications such as land surveying, site surveying and mapping, building Surveying & Mapping (BS&M), 3D modeling and others. The need for accurate positioning devices in construction activities has witnessed a rise with an increase in the number of projects undertaken worldwide.
Precision farming (agricultural) is anticipated to be one of the prominent applications on account of its wide usage in agriculture including crop planning & scheduling, field surveys & monitoring soil conditions/health/temperature/pH etc., breeding livestock management etc., which requires high level accuracy for carrying out tasks successfully.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period owing to increasing investments and favorable government initiatives. For instance, in 2015, the U.S Department of Agriculture (USDA) launched a Precision Farming Initiative that aims at developing robust digital infrastructure for analyzing large-scale data generated from farms and other agricultural sources across the country.
Growth Factors:
- Increasing demand for precision GPS in automotive and transportation sector
- Growing demand for precision GPS in surveying and mapping applications
- Rising adoption of precision GPS in agriculture and forestry sector
- Proliferation of smartphones and tablets with embedded GNSS receivers
- Development of innovative applications using precise location data
Scope Of The Report
Report Attributes
Report Details
Report Title
Mid and High Level Precision GPS Market Research Report
By Type
Mid Level Precision GPS, High Level Precision GPS
By Application
Precision Farming (Agriculture), Mining, Construction, Oil And Gas, Others
By Companies
Geneq, Hemisphere Gnss, Hexagon, Javad Gnss, Leica Geosystems, Navcom Technology, Septentrio Satellite Navigation, Sokkia Topcon, Spectra Precision, Topcon Positioning Systems, Geneq
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Mid and High Level Precision GPS Market Report Segments:
The global Mid and High Level Precision GPS market is segmented on the basis of:
Types
Mid Level Precision GPS, High Level Precision GPS
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Precision Farming (Agriculture), Mining, Construction, Oil And Gas, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Geneq
- Hemisphere Gnss
- Hexagon
- Javad Gnss
- Leica Geosystems
- Navcom Technology
- Septentrio Satellite Navigation
- Sokkia Topcon
- Spectra Precision
- Topcon Positioning Systems
- Geneq
Highlights of The Mid and High Level Precision GPS Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mid Level Precision GPS
- High Level Precision GPS
- By Application:
- Precision Farming (Agriculture)
- Mining
- Construction
- Oil And Gas
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mid and High Level Precision GPS Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mid and high level precision GPS (MLP) is a type of GPS that provides greater accuracy than standard GPS. MLP technology uses multiple satellites to provide more accurate positioning, making it ideal for applications such as surveying, land management, and navigation.
Some of the major players in the mid and high level precision gps market are Geneq, Hemisphere Gnss, Hexagon, Javad Gnss, Leica Geosystems, Navcom Technology, Septentrio Satellite Navigation, Sokkia Topcon, Spectra Precision, Topcon Positioning Systems, Geneq.
The mid and high level precision gps market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mid and High Level Precision GPS Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mid and High Level Precision GPS Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mid and High Level Precision GPS Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mid and High Level Precision GPS Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mid and High Level Precision GPS Market Size & Forecast, 2018-2028
4.5.1 Mid and High Level Precision GPS Market Size and Y-o-Y Growth
4.5.2 Mid and High Level Precision GPS Market Absolute $ Opportunity
Chapter 5 Global Mid and High Level Precision GPS Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Mid and High Level Precision GPS Market Size Forecast by Type
5.2.1 Mid Level Precision GPS
5.2.2 High Level Precision GPS
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mid and High Level Precision GPS Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Mid and High Level Precision GPS Market Size Forecast by Applications
6.2.1 Precision Farming (Agriculture)
6.2.2 Mining
6.2.3 Construction
6.2.4 Oil And Gas
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mid and High Level Precision GPS Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mid and High Level Precision GPS Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Mid and High Level Precision GPS Analysis and Forecast
9.1 Introduction
9.2 North America Mid and High Level Precision GPS Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Mid and High Level Precision GPS Market Size Forecast by Type
9.6.1 Mid Level Precision GPS
9.6.2 High Level Precision GPS
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Mid and High Level Precision GPS Market Size Forecast by Applications
9.10.1 Precision Farming (Agriculture)
9.10.2 Mining
9.10.3 Construction
9.10.4 Oil And Gas
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Mid and High Level Precision GPS Analysis and Forecast
10.1 Introduction
10.2 Europe Mid and High Level Precision GPS Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Mid and High Level Precision GPS Market Size Forecast by Type
10.6.1 Mid Level Precision GPS
10.6.2 High Level Precision GPS
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Mid and High Level Precision GPS Market Size Forecast by Applications
10.10.1 Precision Farming (Agriculture)
10.10.2 Mining
10.10.3 Construction
10.10.4 Oil And Gas
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Mid and High Level Precision GPS Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mid and High Level Precision GPS Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Mid and High Level Precision GPS Market Size Forecast by Type
11.6.1 Mid Level Precision GPS
11.6.2 High Level Precision GPS
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Mid and High Level Precision GPS Market Size Forecast by Applications
11.10.1 Precision Farming (Agriculture)
11.10.2 Mining
11.10.3 Construction
11.10.4 Oil And Gas
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Mid and High Level Precision GPS Analysis and Forecast
12.1 Introduction
12.2 Latin America Mid and High Level Precision GPS Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Mid and High Level Precision GPS Market Size Forecast by Type
12.6.1 Mid Level Precision GPS
12.6.2 High Level Precision GPS
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Mid and High Level Precision GPS Market Size Forecast by Applications
12.10.1 Precision Farming (Agriculture)
12.10.2 Mining
12.10.3 Construction
12.10.4 Oil And Gas
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Mid and High Level Precision GPS Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mid and High Level Precision GPS Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Mid and High Level Precision GPS Market Size Forecast by Type
13.6.1 Mid Level Precision GPS
13.6.2 High Level Precision GPS
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Mid and High Level Precision GPS Market Size Forecast by Applications
13.10.1 Precision Farming (Agriculture)
13.10.2 Mining
13.10.3 Construction
13.10.4 Oil And Gas
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mid and High Level Precision GPS Market: Competitive Dashboard
14.2 Global Mid and High Level Precision GPS Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Geneq
14.3.2 Hemisphere Gnss
14.3.3 Hexagon
14.3.4 Javad Gnss
14.3.5 Leica Geosystems
14.3.6 Navcom Technology
14.3.7 Septentrio Satellite Navigation
14.3.8 Sokkia Topcon
14.3.9 Spectra Precision
14.3.10 Topcon Positioning Systems
14.3.11 Geneq
