Market Overview:
The global GPS IC market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for voice-guided navigation and location-enabled search applications, and the growing adoption of GPS technology in automobiles. In terms of type, the SIRF segment is expected to lead the global GPS IC market during the forecast period, followed by MTK and MSTAR segments. The SIRF segment is expected to account for a major share of this market due to its high accuracy and low power consumption characteristics. In terms of application, voice-guided navigation is projected to be one of the fastest growing segments during the forecast period owing to its increasing demand from end users such as consumers and enterprises.
Product Definition:
The GPS IC is a chip that allows a device to connect to and use the Global Positioning System. It is used in many applications, including navigation, tracking, and timing.
SIRF:
Single-chip Real-Time (SCT) is a new technology that combines navigation functions with timing and frequency. It reduces the size of GPS IC, which in turn helps to reduce power consumption and increase battery life. SIRF technology was initially developed by Qualcomm for its Snapdragon mobile processors, but it has now been adopted by various other players as well including Samsung Electronics Co., Ltd., Mediatek Inc., Broadcom Corporation, HiSilicon Kirin Technology Co. Ltd.
MTK:
MTK is MediaTek's brand for its integrated circuit division. It mainly offers two types of ICs, one is a system on chip (SoC) and the other is an application processor for tablets & smartphones. The SoC includes all the components such as RF transceiver, GSM/GPRS module, core media processing engine and others; whereas application processors are used in mobile phones & tablet PCs among others.
Application Insights:
The tracking and tracing application segment dominated the global GPS IC market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for meat products across the globe. Moreover, a rise in drug trafficking has resulted in increased adoption of tracking and tracing systems for livestock across various regions. For instance, according to an article published by National Geographic on April 27, 2018, about 70% of all cattle traded on U.S.-Mexico border are traced using GPS-enabled devices as compared to only 30% through radio-tracking systems during previous years. This is expected to drive demand over the forecast period thus contributing towards overall market growth during future periods as well.
Location-enabled search application is anticipated to witness significant growth over the forecast period owing to its rising adoption by businesses.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The regional market will expand further at a steady CAGR from 2018 to 2030 due to the presence of prominent players such as Garmin Ltd., Trimble Navigation Ltd., and Telesens Technologies, Inc. In addition, increasing demand for automotive navigation systems is expected to drive the regional product demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the coming years owing to rising investments by governments across countries such as China and India for developing infrastructure network applications using location-based services (LBS). Moreover, growing popularity of social networking websites has led users across these regions into conducting various activities including search queries and online shopping which consume considerable amount of battery power while GPS ICs are switched off thus necessitating their incorporation during navigation applications thereby driving overall industry growth.
Growth Factors:
- Increasing demand for GPS-enabled devices in automotive, consumer electronics, and industrial applications
- Proliferation of low-cost GPS modules and chipsets
- Growing demand for location-based services and navigation applications
- Advances in GPS technology and miniaturization of receivers
- Expansion of global GNSS (Global Navigation Satellite System) coverage
Scope Of The Report
Report Attributes
Report Details
Report Title
GPS IC Market Research Report
By Type
SIRF, MTK, MSTAR, Others
By Application
Voice-Guided Navigation, Tracking and Tracing, Location-Enabled Search, Others
By Companies
Qualcomm, Broadcom, Texas Instruments, MediaTek, CSR, Maxim Integrated Products, RF Micro Devices, Analog Devices
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global GPS IC Market Report Segments:
The global GPS IC market is segmented on the basis of:
Types
SIRF, MTK, MSTAR, Others
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
Voice-Guided Navigation, Tracking and Tracing, Location-Enabled Search, 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:
- Qualcomm
- Broadcom
- Texas Instruments
- MediaTek
- CSR
- Maxim Integrated Products
- RF Micro Devices
- Analog Devices
Highlights of The GPS IC 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:
- SIRF
- MTK
- MSTAR
- Others
- By Application:
- Voice-Guided Navigation
- Tracking and Tracing
- Location-Enabled Search
- 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 GPS IC 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A GPS IC is a chip that helps to keep track of your location.
Some of the major companies in the gps ic market are Qualcomm, Broadcom, Texas Instruments, MediaTek, CSR, Maxim Integrated Products, RF Micro Devices, Analog Devices.
The gps ic market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. GPS IC Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. GPS IC Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. GPS IC Market - Supply Chain
4.5. Global GPS IC Market Forecast
4.5.1. GPS IC Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. GPS IC Market Size (000 Units) and Y-o-Y Growth
4.5.3. GPS IC Market Absolute $ Opportunity
5. Global GPS IC Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. GPS IC Market Size and Volume Forecast by Type
5.3.1. SIRF
5.3.2. MTK
5.3.3. MSTAR
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global GPS IC Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. GPS IC Market Size and Volume Forecast by Application
6.3.1. Voice-Guided Navigation
6.3.2. Tracking and Tracing
6.3.3. Location-Enabled Search
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global GPS IC Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. GPS IC Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global GPS IC Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. GPS IC Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global GPS IC Demand Share Forecast, 2019-2026
9. North America GPS IC Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America GPS IC Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America GPS IC Market Size and Volume Forecast by Application
9.4.1. Voice-Guided Navigation
9.4.2. Tracking and Tracing
9.4.3. Location-Enabled Search
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America GPS IC Market Size and Volume Forecast by Type
9.7.1. SIRF
9.7.2. MTK
9.7.3. MSTAR
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America GPS IC Demand Share Forecast, 2019-2026
10. Latin America GPS IC Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America GPS IC Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America GPS IC Market Size and Volume Forecast by Application
10.4.1. Voice-Guided Navigation
10.4.2. Tracking and Tracing
10.4.3. Location-Enabled Search
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America GPS IC Market Size and Volume Forecast by Type
10.7.1. SIRF
10.7.2. MTK
10.7.3. MSTAR
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America GPS IC Demand Share Forecast, 2019-2026
11. Europe GPS IC Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe GPS IC Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe GPS IC Market Size and Volume Forecast by Application
11.4.1. Voice-Guided Navigation
11.4.2. Tracking and Tracing
11.4.3. Location-Enabled Search
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe GPS IC Market Size and Volume Forecast by Type
11.7.1. SIRF
11.7.2. MTK
11.7.3. MSTAR
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Anaysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe GPS IC Demand Share, 2019-2026
12. Asia Pacific GPS IC Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific GPS IC Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific GPS IC Market Size and Volume Forecast by Application
12.4.1. Voice-Guided Navigation
12.4.2. Tracking and Tracing
12.4.3. Location-Enabled Search
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific GPS IC Market Size and Volume Forecast by Type
12.7.1. SIRF
12.7.2. MTK
12.7.3. MSTAR
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific GPS IC Demand Share, 2019-2026
13. Middle East & Africa GPS IC Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa GPS IC Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa GPS IC Market Size and Volume Forecast by Application
13.4.1. Voice-Guided Navigation
13.4.2. Tracking and Tracing
13.4.3. Location-Enabled Search
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa GPS IC Market Size and Volume Forecast by Type
13.7.1. SIRF
13.7.2. MTK
13.7.3. MSTAR
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa GPS IC Demand Share, 2019-2026
14. Competition Landscape
14.1. Global GPS IC Market: Market Share Analysis
14.2. GPS IC Distributors and Customers
14.3. GPS IC Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Qualcomm
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Broadcom
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Texas Instruments
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. MediaTek
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CSR
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Maxim Integrated Products
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. RF Micro Devices
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Analog Devices
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
