Market Overview:
The global outdoor sports GPS device market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for wearable devices and the growing popularity of outdoor sports such as golf, running, and cycling. North America is expected to lead the global outdoor sports GPS device market in terms of revenue during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
An outdoor sports GPS device is a handheld unit that uses satellite signals to track your location and provide information on your surroundings. These devices are often used by hikers, mountain bikers, and birders to help them navigate in unfamiliar areas. They can also be used to track progress on hikes or rides, and to find nearby points of interest. Some devices also include features like weather forecasting and elevation profiles.
handheld device:
Handheld devices are portable and can be used by individuals to record their outdoor sports activities such as running, cycling, mountaineering and others. They are GPS enabled devices that help in recording the precise location of the user at various intervals during the exercise. The recorded data is then transferred to a computer where it is analyzed to determine various statistics pertaining to the activity such as number of calories burnt, speed etc.
Wearable device:
A wearable device is a small electronic device that can be attached to the body or clothing and used to monitor or control various functions of the body. It may help in tracking fitness, monitoring health, providing information on location and condition of objects, connecting with other devices via wireless communication etc.
Application Insights:
Glof application segment accounted for the largest revenue share in 2016 and is expected to continue its dominance over the forecast period. This can be attributed to growing popularity of skiing as a recreational activity among all age groups across the globe. Moreover, snowboarding and skiing are considered as extreme sports which require advanced tracking devices for safe & smooth execution of stunts or tricks. As a result, this sport requires highly accurate positioning technology which is further driving demand for global positioning system (GPS) devices in this particular segment. The cycling segment is also expected to witness significant growth during the forecast period owing to increasing number of participants in road bicycle racing events across various regions including Europe, Asia Pacific and North America etc. Furthermore; biking has become popular among women participants who prefer riding bicycles without male accompaniment particularly throughout summer time when men are away from home working etc.
Regional Analysis:
North America dominated the global outdoor sports GPS device market in 2017. The region is expected to maintain its dominance over the forecast period. This can be attributed to increasing participation in outdoor sports activities, such as hiking and cycling, which require navigation and tracking devices for safety purposes. Furthermore, rising popularity of adventure racing has increased the demand for location-based services in North America. Adventure racers use various types of equipment during an event including bicycles, kayaks, skis or snowboards among others that requires real-time tracking and navigation services from a GPS device.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing disposable income among middle class population groups especially in China and India along with growing adoption of fitness activities such as running.
Growth Factors:
- Increasing demand for outdoor sports activities, which is driving the growth of the outdoor sports GPS device market.
- The advent of new technologies and features in outdoor sports GPS devices is aiding the growth of this market.
- Growing awareness about the benefits offered by these devices is propelling their adoption among consumers worldwide.
- Rising disposable income levels are enabling consumers to invest in premium-quality outdoor sports GPS devices.
- The increasing popularity of adventure tourism is providing a major impetus to the growth of this market
Scope Of The Report
Report Attributes
Report Details
Report Title
Outdoor Sports GPS Device Market Research Report
By Type
handheld device, Wearable device
By Application
Glof, Running, Cycling
By Companies
Garmin, SUUNTO, Adidas, Bushnell, DeLorme, Nike, Apple, Golife, Bryton, Samsung, SONY, Magellan, Fitbit, TomTom, Polar, Global Sat, Motorola, Gerk, Tomoon, inWatch
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Outdoor Sports GPS Device Market Report Segments:
The global Outdoor Sports GPS Device market is segmented on the basis of:
Types
handheld device, Wearable device
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
Glof, Running, Cycling
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:
- Garmin
- SUUNTO
- Adidas
- Bushnell
- DeLorme
- Nike
- Apple
- Golife
- Bryton
- Samsung
- SONY
- Magellan
- Fitbit
- TomTom
- Polar
- Global Sat
- Motorola
- Gerk
- Tomoon
- inWatch
Highlights of The Outdoor Sports GPS Device 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:
- handheld device
- Wearable device
- By Application:
- Glof
- Running
- Cycling
- 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 Outdoor Sports GPS Device 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.
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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?
Outdoor Sports GPS Device is a small, lightweight device that attaches to your wrist or ankle and provides real-time tracking of your outdoor activities. The device collects data such as speed, distance, time, elevation gain/loss and more. This information can be used to improve your outdoor performance and help you track progress over time.
Some of the key players operating in the outdoor sports gps device market are Garmin, SUUNTO, Adidas, Bushnell, DeLorme, Nike, Apple, Golife, Bryton, Samsung, SONY, Magellan, Fitbit, TomTom, Polar, Global Sat, Motorola, Gerk, Tomoon, inWatch.
The outdoor sports gps device market is expected to grow at a compound annual growth rate of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Outdoor Sports GPS Device 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. Outdoor Sports GPS Device Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Outdoor Sports GPS Device Market - Supply Chain
4.5. Global Outdoor Sports GPS Device Market Forecast
4.5.1. Outdoor Sports GPS Device Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Outdoor Sports GPS Device Market Size (000 Units) and Y-o-Y Growth
4.5.3. Outdoor Sports GPS Device Market Absolute $ Opportunity
5. Global Outdoor Sports GPS Device 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. Outdoor Sports GPS Device Market Size and Volume Forecast by Type
5.3.1. handheld device
5.3.2. Wearable device
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Outdoor Sports GPS Device 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. Outdoor Sports GPS Device Market Size and Volume Forecast by Application
6.3.1. Glof
6.3.2. Running
6.3.3. Cycling
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Outdoor Sports GPS Device 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. Outdoor Sports GPS Device 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 Outdoor Sports GPS Device 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. Outdoor Sports GPS Device 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 Outdoor Sports GPS Device Demand Share Forecast, 2019-2026
9. North America Outdoor Sports GPS Device 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 Outdoor Sports GPS Device 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 Outdoor Sports GPS Device Market Size and Volume Forecast by Application
9.4.1. Glof
9.4.2. Running
9.4.3. Cycling
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Outdoor Sports GPS Device Market Size and Volume Forecast by Type
9.7.1. handheld device
9.7.2. Wearable device
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 Outdoor Sports GPS Device Demand Share Forecast, 2019-2026
10. Latin America Outdoor Sports GPS Device 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 Outdoor Sports GPS Device 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 Outdoor Sports GPS Device Market Size and Volume Forecast by Application
10.4.1. Glof
10.4.2. Running
10.4.3. Cycling
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Outdoor Sports GPS Device Market Size and Volume Forecast by Type
10.7.1. handheld device
10.7.2. Wearable device
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 Outdoor Sports GPS Device Demand Share Forecast, 2019-2026
11. Europe Outdoor Sports GPS Device 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 Outdoor Sports GPS Device 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 Outdoor Sports GPS Device Market Size and Volume Forecast by Application
11.4.1. Glof
11.4.2. Running
11.4.3. Cycling
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Outdoor Sports GPS Device Market Size and Volume Forecast by Type
11.7.1. handheld device
11.7.2. Wearable device
11.8. Basis Point Share (BP) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
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 Outdoor Sports GPS Device Demand Share, 2019-2026
12. Asia Pacific Outdoor Sports GPS Device 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 Outdoor Sports GPS Device 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 Outdoor Sports GPS Device Market Size and Volume Forecast by Application
12.4.1. Glof
12.4.2. Running
12.4.3. Cycling
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Outdoor Sports GPS Device Market Size and Volume Forecast by Type
12.7.1. handheld device
12.7.2. Wearable device
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 Outdoor Sports GPS Device Demand Share, 2019-2026
13. Middle East & Africa Outdoor Sports GPS Device 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 Outdoor Sports GPS Device 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 Outdoor Sports GPS Device Market Size and Volume Forecast by Application
13.4.1. Glof
13.4.2. Running
13.4.3. Cycling
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Outdoor Sports GPS Device Market Size and Volume Forecast by Type
13.7.1. handheld device
13.7.2. Wearable device
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 Outdoor Sports GPS Device Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Outdoor Sports GPS Device Market: Market Share Analysis
14.2. Outdoor Sports GPS Device Distributors and Customers
14.3. Outdoor Sports GPS Device Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Garmin
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SUUNTO
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Adidas
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bushnell
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. DeLorme
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nike
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Apple
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Golife
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bryton
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Samsung
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. SONY
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Magellan
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Fitbit
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. TomTom
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Polar
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Global Sat
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Motorola
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Gerk
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Tomoon
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. inWatch
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
